TRUGOLF HOLDINGS, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $-15.2M | $-8.8M | $-10.3M | $-414.0K |
| Depreciation & Amortization | $1.1M | $301.4K | $58.6K | — |
| Depreciation | $38.5K | $76.8K | $58.6K | — |
| Amortization | — | — | — | — |
| Stock-Based Compensation | — | — | — | — |
| Net Cash from Operating Activities | $-1.7M | $-4.0M | $-6.1M | $-697.9K |
| Investing Activities | ||||
| Capital Expenditures | $205.4K | $36.3K | $127.4K | — |
| Business Acquisitions | — | — | — | — |
| Net Cash from Investing Activities | $-3.4M | $741.1K | $-2.6M | $-127.8M |
| Financing Activities | ||||
| Dividends Paid | — | — | — | — |
| Stock Repurchases | — | — | — | — |
| Net Cash from Financing Activities | $6.8M | $8.7M | $4.5M | $128.8M |
| Net Change in Cash | $1.7M | $5.5M | $-4.3M | $377.0K |
| Free Cash Flow | $-1.9M | $-4.0M | $-6.3M | — |