Orion Energy Systems, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.0M | $-1.5M | $160.0K | $-581.0K | $-1.2M | $-2.9M | $-1.5M | $-3.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $115.0K | $1.1M | $206.0K | $264.0K | $244.0K | $1.7M | $278.0K | $333.0K |
| Amortization | $118.0K | $193.0K | $100.0K | $200.0K | $240.0K | $321.0K | $300.0K | $200.0K |
| Stock-Based Compensation | $159.0K | $163.0K | $-3.0K | $157.0K | $166.0K | $335.0K | $180.0K | $348.0K |
| Net Cash from Operating Activities | $1.4M | $-1.5M | $-897.0K | $1.8M | $-515.0K | $-699.0K | $3.8M | $498.0K |
| Investing Activities | ||||||||
| Capital Expenditures | $6.0K | $25.0K | $-252.0K | $255.0K | $55.0K | $51.0K | $19.0K | $5.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-6.0K | $-25.0K | $251.0K | $-257.0K | $-55.0K | $-6.0K | $-21.0K | $179.0K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $554.0K | $55.0K | $212.0K | $29.0K | $-1.8M | $-820.0K | $-1.6M | $-1.0M |
| Net Change in Cash | $1.9M | $-1.5M | $-434.0K | $1.6M | $-2.4M | $-1.5M | $2.1M | $-323.0K |
| Free Cash Flow | $1.3M | $-1.5M | $-645.0K | $1.6M | $-570.0K | $-750.0K | $3.7M | $493.0K |