WHITEFIBER, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $-15.0M | $-12.0M | $-1.5M | $-15.8M | $-8.8M | $1.4M |
| Depreciation & Amortization | $6.6M | $6.4M | $8.1M | $6.4M | $5.1M | $3.8M |
| Depreciation | $6.6M | $6.4M | — | — | $5.1M | $3.8M |
| Amortization | $200.0K | $200.0K | — | — | $200.0K | $200.0K |
| Stock-Based Compensation | $3.7M | $7.3M | — | — | — | — |
| Net Cash from Operating Activities | $85.9M | $3.2M | $69.4M | $-16.9M | $-3.9M | $-2.9M |
| Investing Activities | ||||||
| Capital Expenditures | $175.5M | $169.2M | $121.9M | $15.5M | $80.8M | $50.2M |
| Business Acquisitions | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-175.5M | $-143.1M | $-121.8M | $-14.5M | $-80.8M | $-50.2M |
| Financing Activities | ||||||
| Dividends Paid | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — |
| Net Cash from Financing Activities | $70.1M | $101.8M | $-312.1K | $181.4M | $92.7M | $50.0M |
| Net Change in Cash | — | — | — | — | — | — |
| Free Cash Flow | $-89.7M | $-165.9M | $-52.5M | $-32.5M | $-84.7M | $-53.1M |