USBC, INC.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-22.1M | $-16.6M | $-15.3M | $-20.1M | $-25.4M | $-13.6M | $-7.6M | $-3.3M |
| Depreciation & Amortization | $31.4K | $80.9K | $313.0K | $321.0K | $200.8K | $243.0K | $259.3K | $132.6K |
| Depreciation | — | $80.9K | $313.0K | $321.0K | $99.7K | $69.7K | $86.0K | $60.4K |
| Amortization | — | — | — | — | $101.1K | $173.3K | $173.3K | $72.2K |
| Stock-Based Compensation | $7.4M | $3.0M | $3.0M | — | $1.0M | $1.7M | $1.1M | $50.9K |
| Net Cash from Operating Activities | $-7.6M | $-12.8M | $-10.4M | $-6.9M | $-6.9M | $-3.9M | $-3.1M | $-1.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $0 | $66.4K | $80.8K | $855.5K | $299.5K | $70.1K | $79.9K | $97.3K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $0 | $-66.4K | $-80.8K | $-855.5K | $-299.5K | $-70.1K | $-79.9K | $-97.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $0 | $855.3K | — | — | — | — |
| Net Cash from Financing Activities | $13.3M | $8.0M | $5.9M | $8.1M | $15.1M | $6.4M | $4.2M | $2.0M |
| Net Change in Cash | — | — | — | — | $8.0M | $2.4M | $966.4K | $831.2K |
| Free Cash Flow | $-7.6M | $-12.9M | $-10.4M | $-7.8M | $-7.2M | $-4.0M | $-3.2M | $-1.2M |