System1, Inc.
Cash Flow Statement
| Line Item | Jun 2021 | Mar 2021 |
|---|---|---|
| Operating Activities | ||
| Net Income | $11.8M | $6.7M |
| Depreciation & Amortization | $3.1M | $3.7M |
| Depreciation | $89.0K | $81.0K |
| Amortization | $2.1M | $2.3M |
| Stock-Based Compensation | $78.0K | $146.0K |
| Net Cash from Operating Activities | $17.2M | $10.1M |
| Investing Activities | ||
| Capital Expenditures | $0 | $0 |
| Business Acquisitions | $0 | $0 |
| Net Cash from Investing Activities | $-1.8M | $-1.4M |
| Financing Activities | ||
| Dividends Paid | — | — |
| Stock Repurchases | $0 | $0 |
| Net Cash from Financing Activities | $-12.3M | $-6.6M |
| Net Change in Cash | $3.7M | $1.8M |
| Free Cash Flow | $17.2M | $10.1M |