PATRIOT NATIONAL BANCORP, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-12.7M | $-39.9M | $-4.2M | $6.2M | $5.1M | $-3.8M | $-2.8M | $3.2M |
| Depreciation & Amortization | $986.0K | $1.1M | $1.2M | $1.3M | $1.5M | $1.5M | $1.6M | $1.5M |
| Depreciation | $1.0M | $1.1M | $1.2M | $1.3M | $1.4M | $1.5M | $1.6M | $1.5M |
| Amortization | $47.0K | $47.0K | $46.0K | $47.0K | $47.0K | $74.0K | $75.0K | $50.0K |
| Stock-Based Compensation | $5.2M | $184.0K | $105.0K | $86.0K | $150.0K | $159.0K | $214.0K | $220.0K |
| Net Cash from Operating Activities | $-14.2M | $2.7M | $-10.7M | $7.0M | $7.6M | $6.3M | $-11.9M | $5.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $172.0K | $55.0K | $412.0K | $414.0K | $430.0K | $70.0K | $552.0K | $1.1M |
| Business Acquisitions | — | — | — | — | — | — | — | $5.1M |
| Net Cash from Investing Activities | $-20.5M | $135.0M | $-27.2M | $-122.1M | $-55.2M | $82.9M | $-41.8M | $-26.9M |
| Financing Activities | ||||||||
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $155.0K | $154.0K |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $79.2M | $-41.6M | $65.9M | $106.5M | $60.0M | $-94.0M | $26.7M | $39.3M |
| Net Change in Cash | $44.5M | $96.1M | $28.0M | $-8.6M | $12.4M | $-4.8M | $-27.0M | $17.7M |
| Free Cash Flow | $-14.3M | $2.6M | $-11.1M | $6.6M | $7.2M | $6.2M | $-12.5M | $4.1M |
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