SES AI Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-73.0M | $-100.2M | $-53.4M | $-51.0M | $-31.3M | $-13.9M |
| Depreciation & Amortization | $10.3M | $8.3M | $5.5M | $2.6M | $1.7M | $1.7M |
| Depreciation | $10.1M | $8.2M | $5.4M | $2.5M | $1.5M | $1.6M |
| Amortization | $200.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K |
| Stock-Based Compensation | $11.0M | $19.9M | $20.6M | $22.8M | $4.6M | $154.0K |
| Net Cash from Operating Activities | $-58.4M | $-66.1M | $-56.4M | $-46.5M | $-30.0M | $-11.0M |
| Investing Activities | ||||||
| Capital Expenditures | $2.9M | $12.2M | $15.8M | $14.7M | $9.0M | $982.0K |
| Business Acquisitions | $3.0M | — | — | — | — | — |
| Net Cash from Investing Activities | $-39.2M | $108.2M | $32.7M | $-296.0M | $3.3M | $-13.3M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | $1.6M | — | — | — | — | — |
| Net Cash from Financing Activities | $-2.0M | $1.0M | $3.3M | $289.9M | $184.8M | $840.0K |
| Net Change in Cash | $-99.2M | $42.4M | $-21.0M | $-53.1M | $158.3M | $-23.3M |
| Free Cash Flow | $-61.2M | $-78.3M | $-72.2M | $-61.2M | $-38.9M | $-12.0M |