XTI Aerospace, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-68.8M | $-35.6M | $-25.1M | $-63.4M | $-69.2M | $-29.2M | $-34.0M | $-24.6M |
| Depreciation & Amortization | $148.0K | $113.0K | $11.0K | $400.0K | $400.0K | $100.0K | $1.1M | $1.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $166.0K | $30.0K | $27.0K | $887.0K | $4.5M | $2.3M | $3.6M | $3.2M |
| Stock-Based Compensation | $12.0M | $4.1M | $1.6M | $3.7M | $10.9M | $1.2M | $3.5M | $1.5M |
| Net Cash from Operating Activities | $-36.6M | $-22.3M | $-4.2M | $-34.0M | $-37.1M | $-20.6M | $-10.7M | $-26.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $215.0K | $68.0K | $3.0K | $245.0K | $346.0K | $972.0K | $89.0K | $88.0K |
| Business Acquisitions | $16.5M | — | — | $0 | $-184.0K | $1.5M | — | — |
| Net Cash from Investing Activities | $-18.8M | $2.9M | $-17.0K | $36.4M | $-53.5M | $-23.5M | $-5.1M | $-1.4M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $68.2M | $23.6M | $4.1M | $-34.6M | $125.0M | $57.3M | $19.4M | $29.0M |
| Net Change in Cash | $12.8M | $4.1M | $-110.0K | $-32.2M | $34.5M | $13.1M | $3.7M | $797.0K |
| Free Cash Flow | $-36.8M | $-22.4M | $-4.2M | $-34.2M | $-37.5M | $-21.6M | $-10.8M | $-26.9M |