QTREX Quantum Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-13.2M | $-11.1M | $-11.3M | $-15.0M | $-17.2M | $16.9M | $-4.6M |
| Depreciation & Amortization | — | — | — | — | — | — | — |
| Depreciation | $150.0K | $171.0K | $111.0K | $54.0K | $25.0K | $7.0K | — |
| Amortization | — | — | — | — | $107.0K | $694.0K | — |
| Stock-Based Compensation | $3.6M | $1.9M | $1.4M | $4.9M | $6.7M | — | — |
| Net Cash from Operating Activities | $-9.9M | $-9.4M | $-9.7M | $-9.2M | $-6.7M | $-1.9M | $-1.1M |
| Investing Activities | |||||||
| Capital Expenditures | $103.0K | $164.0K | $206.0K | $263.0K | $182.0K | $23.0K | $31.0K |
| Business Acquisitions | — | — | $16.0M | — | — | — | — |
| Net Cash from Investing Activities | $565.0K | $1.5M | $4.6M | $-7.4M | $-182.0K | $-26.0K | $-71.0K |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $7.3M | $7.9M | $3.5M | $-399.0K | $30.2M | $2.3M | $1.3M |
| Net Change in Cash | — | — | — | $-15.0M | $22.3M | $387.0K | $85.0K |
| Free Cash Flow | $-10.0M | $-9.5M | $-9.9M | $-9.5M | $-6.9M | $-1.9M | $-1.1M |