Workhorse Group, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-41.2M | $-19.6M | $-9.4M | $-6.6M | $-6.1M | $-4.3M | $-8.7M | $-5.0M |
| Depreciation & Amortization | $550.0K | $381.8K | $371.2K | $388.0K | $319.6K | $63.6K | $58.0K | $40.7K |
| Depreciation | — | — | — | — | $319.6K | $63.6K | $58.0K | $40.7K |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $1.4M | $799.6K | $402.5K | $414.6K | $1.4M | $338.9K | $2.0M | $1.4M |
| Net Cash from Operating Activities | $-38.7M | $-19.0M | $-8.2M | $-4.5M | $-2.7M | $-2.2M | $-5.9M | $-3.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $143.4K | $528.1K | $65.2K | $23.1K | $63 | $28.8K | $156.8K | $41.9K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-143.4K | $-528.1K | — | — | — | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $42.4M | $12.4M | — | — | — | — | — | — |
| Net Change in Cash | $3.6M | $-7.2M | $7.2M | $435.2K | $-32.8K | $-49.7K | $-295.8K | $385.3K |
| Free Cash Flow | $-38.8M | $-19.6M | $-8.3M | $-4.5M | $-2.7M | $-2.2M | $-6.0M | $-3.3M |