Top Ships Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-13.4M | $-351.0K | $-8.5M | $2.9M | $1.4M | $-64.0M | $-189.1M | $2.5M |
| Depreciation & Amortization | — | — | $795.0K | $877.0K | $6.8M | $12.5M | $27.2M | $33.9M |
| Depreciation | $5.7M | $3.5M | $668.0K | $757.0K | $6.4M | $11.5M | $25.3M | $32.4M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $-25.0K | $239.0K | $131.0K | — | $345.0K | $378.0K | $1.4M | $2.0M |
| Net Cash from Operating Activities | $695.0K | $6.7M | $-1.4M | $-2.8M | $3.1M | $15.1M | $15.8M | $35.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $34.7M | $73.4M | $6.0K | $114.0K | $14.4M | $7.0K | $356.0K | $416.0K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-59.1M | $-73.4M | $736.0K | $-44.5M | $51.0M | $6.0M | $124.9M | $25.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | $0 | $0 | $0 | $0 | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $83.4M | $67.8M | $4.9M | $37.5M | $-44.3M | $-21.1M | $-141.0M | $-61.5M |
| Net Change in Cash | $25.0M | $-2.5M | $2.7M | $-9.7M | $9.8M | — | $-294.0K | $-159.0K |
| Free Cash Flow | $-34.0M | $-66.7M | $-1.4M | $-2.9M | $-11.3M | $15.1M | $15.4M | $35.2M |