PIONEER POWER SOLUTIONS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-6.0M | $31.9M | $-1.9M | $-5.4M | $-2.2M | $-3.0M | $-1.0M | $-5.7M |
| Depreciation & Amortization | — | — | $721.0K | $228.0K | $153.0K | $203.0K | $269.0K | $352.0K |
| Depreciation | $1.0M | $716.0K | $397.0K | $228.0K | $153.0K | $203.0K | $607.0K | $1.2M |
| Amortization | — | — | — | — | — | — | $150.0K | $1.5M |
| Stock-Based Compensation | $35.0K | $1.1M | $1.5M | $1.0M | $186.0K | $3.0K | $12.0K | $165.0K |
| Net Cash from Operating Activities | $-5.8M | $-6.2M | $-3.9M | $-5.8M | $-3.2M | $-3.6M | $-5.6M | $2.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $2.7M | $3.8M | $2.5M | $1.5M | $237.0K | — | $153.0K | $589.0K |
| Business Acquisitions | $2.2M | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.9M | $38.9M | $-2.5M | $4.7M | $-237.0K | $2.6M | $39.8M | $173.0K |
| Financing Activities | ||||||||
| Dividends Paid | $16.7M | — | — | — | $1.0M | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-16.9M | $5.4M | $-323.0K | $-353.0K | $7.6M | $337.0K | $-26.2M | $-3.4M |
| Net Change in Cash | $-26.7M | $38.0M | $-6.7M | $-1.4M | $4.1M | — | — | $-1.1M |
| Free Cash Flow | $-8.5M | $-10.0M | $-6.4M | $-7.3M | $-3.4M | — | $-5.7M | $1.6M |