NAPC Defense Cash Flow Statement

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Jan '26 Jan 31, 2026	Apr '25 Apr 30, 2025	Apr '24 Apr 30, 2024	Apr '23 Apr 30, 2023
Net Income	-3.62	-3.38	-0.71	-0.94
Depreciation & Amortization	0.01	0	0.02	0.01
Other Amortization	0.55	0.25	-	0.02
Asset Writedown & Restructuring Costs	1.62	1.76	-	-
Stock-Based Compensation	0.51	0.01	0.19	0.01
Other Operating Activities	0.11	0.43	-	-
Change in Accounts Payable	0.01	0.01	0	-0.02
Change in Other Net Operating Assets	0.07	0.12	0.16	0.49
Operating Cash Flow	-0.74	-0.8	-0.34	-0.42
Capital Expenditures	-0.01	-	-	-0.15
Investing Cash Flow	-0.01	-	-	-0.15
Short-Term Debt Issued	-	0.8	0.13	0.01
Total Debt Issued	0.7	0.8	0.13	0.01
Short-Term Debt Repaid	-	-0.09	-	-
Total Debt Repaid	-0.07	-0.09	-	-
Net Debt Issued (Repaid)	0.63	0.71	0.13	0.01
Issuance of Common Stock	0.12	0.1	-	0.68
Other Financing Activities	0	-	-	0.05
Financing Cash Flow	0.75	0.81	0.13	0.73
Net Cash Flow	0.01	0.01	-0.21	0.16
Free Cash Flow	-0.74	-0.8	-0.34	-0.57
Free Cash Flow Margin	-	-	-	-673.27%
Free Cash Flow Per Share	-0.00	-0.00	-0.01	-0.01
Levered Free Cash Flow	-1.36	-1.8	-0.27	-
Unlevered Free Cash Flow	-1.3	-1.65	-0.19	-
Change in Working Capital	0.14	0.13	0.16	0.47

Source: S&P Capital IQ. Standard template. Financial Sources.