Orion Energy Systems, Inc.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-3.2M | $-11.8M | $-11.7M | $-34.3M | $6.1M | $26.1M | $12.5M | $-6.7M |
| Depreciation & Amortization | $1.8M | $2.6M | $2.6M | $2.1M | $1.6M | $1.5M | $1.6M | $1.8M |
| Depreciation | $1.8M | $2.6M | $2.6M | $1.4M | $1.3M | $1.2M | $1.2M | $1.3M |
| Amortization | $733.0K | $1.1M | $1.1M | $653.0K | $227.0K | $290.0K | $359.0K | $444.0K |
| Stock-Based Compensation | $483.0K | $1.2M | $950.0K | $1.6M | $813.0K | $753.0K | $618.0K | $825.0K |
| Net Cash from Operating Activities | $-1.1M | $599.0K | $-10.1M | $-2.3M | $-113.0K | $1.7M | $20.3M | $-5.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $83.0K | $99.0K | $837.0K | $586.0K | $518.0K | $902.0K | $814.0K | $381.0K |
| Business Acquisitions | — | $0 | $0 | $5.6M | $4.0M | $0 | — | — |
| Net Cash from Investing Activities | $-86.0K | $128.0K | $-731.0K | $-6.2M | $-4.9M | $-946.0K | $-936.0K | $-449.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-1.5M | $90.0K | $-14.0K | $10.0M | $104.0K | $-10.1M | $615.0K | $4.8M |
| Net Change in Cash | $-2.7M | $817.0K | $-10.8M | $1.5M | $-4.9M | $-9.4M | $20.0M | $-695.0K |
| Free Cash Flow | $-1.2M | $500.0K | $-10.9M | $-2.9M | $-631.0K | $827.0K | $19.5M | $-5.4M |