Recon Technology, Ltd.
Cash Flow Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-4.4M | $-5.9M | $-6.9M | $-8.2M | $14.3M | $-3.5M | $-2.7M | $-3.7M |
| Depreciation & Amortization | $423.0K | $439.4K | $391.4K | $508.0K | $498.7K | $487.9K | $227.7K | $163.7K |
| Depreciation | $423.0K | $439.4K | $391.4K | $411.5K | $390.0K | $429.4K | $223.8K | $169.0K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | — | — | $1.3M | $1.3M | $1.3M | $1.4M |
| Net Cash from Operating Activities | $-8.7M | $-4.7M | $-6.0M | $-7.1M | $-3.9M | $-5.3M | $-739.9K | $-4.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $45.3K | $141.1K | $38.8K | $129.7K | $103.3K | $80.9K | $12.2K | $252.8K |
| Business Acquisitions | — | — | — | — | — | $-73.1K | — | — |
| Net Cash from Investing Activities | $-19.0M | $4.7M | $410.7K | $-33.8M | $-49.1K | $-7.2M | $-298.2K | $-2.0M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $17.6M | $-456.9K | $6.2M | $7.8M | $-1.5M | $61.0M | $4.7M | $516.5K |
| Net Change in Cash | $-10.2M | $-1.7M | $823.3K | $-29.4M | $-3.9M | $48.6M | $3.7M | $-5.9M |
| Free Cash Flow | $-8.7M | $-4.9M | $-6.1M | $-7.3M | $-4.0M | $-5.4M | $-752.0K | $-4.9M |