SAFEGUARD SCIENTIFICS INC
Cash Flow Statement
| Line Item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-9.8M | $-14.3M | $27.0M | $-37.6M | $54.6M | $-15.6M | $-88.6M | $-22.3M |
| Depreciation & Amortization | — | — | — | $0 | $808.0K | $692.0K | $322.0K | $328.0K |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.1M | $1.4M | $1.8M | $965.0K | $1.2M | $966.0K | $1.1M | $2.4M |
| Net Cash from Operating Activities | $-3.3M | $-3.3M | $-8.2M | $-8.1M | $-20.0M | $-26.0M | $-20.8M | $-18.7M |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | — | — | — | — | $0 | $432.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $5.7M | $-4.7M | $58.1M | $-1.3M | $126.3M | $32.1M | $-10.1M | $20.1M |
| Financing Activities | ||||||||
| Dividends Paid | $5.8M | $0 | — | $0 | $20.7M | $0 | — | — |
| Stock Repurchases | $75.0K | $2.9M | $40.7M | $0 | — | — | $0 | $5.4M |
| Net Cash from Financing Activities | $-6.3M | $-3.5M | $-40.8M | $-40.0K | $-89.5M | $-25.0M | $29.6M | $-5.8M |
| Net Change in Cash | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | $-20.8M | $-19.1M |