NUVVE HOLDING CORP.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-30.8M | $-17.4M | $-31.3M | $-24.0M | $-72.5M | $-4.9M |
| Depreciation & Amortization | $183.4K | $198.5K | $249.1K | $150.1K | $27.3K | $165.0K |
| Depreciation | — | — | — | — | $27.3K | $26.1K |
| Amortization | $146.1K | $139.4K | $139.4K | $139.4K | $139.4K | $139.4K |
| Stock-Based Compensation | $2.4M | $2.6M | $4.1M | $5.2M | $4.2M | $599.5K |
| Net Cash from Operating Activities | $-16.6M | $-15.7M | $-21.3M | $-34.1M | $-29.2M | $-3.1M |
| Investing Activities | ||||||
| Capital Expenditures | $57.1K | $45.4K | $188.4K | $438.0K | $273.1K | $22.5K |
| Business Acquisitions | $340.2K | $0 | — | — | — | — |
| Net Cash from Investing Activities | $517.9K | $-45.4K | $1.1M | $-1.4M | $-265.5K | $-22.5K |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | $0 | $6.0M | $0 |
| Net Cash from Financing Activities | $21.2M | $14.5M | $5.9M | $19.1M | $59.7M | $5.2M |
| Net Change in Cash | $5.1M | $-1.3M | $-14.2M | $-16.5M | $30.5M | $1.9M |
| Free Cash Flow | $-16.7M | $-15.8M | $-21.4M | $-34.5M | $-29.5M | $-3.1M |