AgEagle Aerial Systems, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-5.3M | $-35.0M | $-42.4M | $-58.3M | $-30.1M | $-4.9M | $-2.5M | $-2.1M |
| Depreciation & Amortization | $809.7K | $1.1M | $3.8M | $3.9M | $55.6K | $0 | $15.0K | $18.0K |
| Depreciation | $243.6K | $345.0K | $257.1K | $445.9K | $184.7K | $173.7K | $171.6K | $65.4K |
| Amortization | $566.2K | $731.1K | — | — | $282.7K | $13.8K | — | — |
| Stock-Based Compensation | $417.7K | $80.6K | $1.3M | $3.4M | $4.5M | $402.0K | $260.3K | $110.6K |
| Net Cash from Operating Activities | $-10.0M | $-6.6M | $-11.0M | $-19.8M | $-12.5M | $-2.3M | $-1.8M | $-1.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $74.7K | $49.5K | $215.4K | $313.8K | $525.3K | $106.1K | $24.4K | $0 |
| Business Acquisitions | — | — | — | — | — | — | $0 | $925.0K |
| Net Cash from Investing Activities | $-74.7K | $-94.1K | $-777.0K | $-8.4M | $-42.5M | $-779.0K | $-24.4K | $-1.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $36.2M | $9.5M | $8.6M | $17.5M | $45.6M | $26.3M | $-41.0K | $5.9M |
| Net Change in Cash | $26.2M | $2.8M | $-3.5M | $-10.2M | $-9.3M | $23.2M | $-1.9M | $2.6M |
| Free Cash Flow | $-10.0M | $-6.6M | $-11.2M | $-20.1M | $-13.0M | $-2.4M | $-1.8M | $-1.8M |