Simulations Plus, Inc.
Cash Flow Statement
| Line Item | May 2026 | Feb 2026 | Nov 2025 | May 2025 | Feb 2025 | Nov 2024 | May 2024 | Feb 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.6M | $4.5M | $676.0K | $-67.3M | $3.1M | $206.0K | $3.1M | $4.0M |
| Depreciation & Amortization | — | — | $1.3M | — | — | $2.3M | — | — |
| Depreciation | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $100.0K | $300.0K | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | — | — | $1.6M | — | — | $1.7M | — | — |
| Net Cash from Operating Activities | — | — | $4.2M | — | — | $-1.3M | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | — | — | $0 | — | — | $86.0K | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | — | $-4.9M | — | — | $-3.1M | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | $0 | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $2.0K | — | — | $288.0K | — | — |
| Net Change in Cash | — | — | $-664.0K | — | — | $-4.1M | — | — |
| Free Cash Flow | — | — | $4.2M | — | — | $-1.4M | — | — |
Big companies have small moves, small companies have big moves.