Ocean Thermal Energy Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2020 - 2016
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	2020 - 2016
Net Income	-69.3	-1.19	-9.26	-6.91	-2.67	Upgrade
Other Amortization	0.05	0	0.09	0.21	0.36	Upgrade
Stock-Based Compensation	-	-	0	-	-	Upgrade
Change in Accounts Receivable	-1.08	-	-	-	-	Upgrade
Change in Accounts Payable	4	3.52	3.09	3.01	3.1	Upgrade
Change in Unearned Revenue	0.03	-	-	-	-	Upgrade
Change in Other Net Operating Assets	-	-	-	-	0.01	Upgrade
Other Operating Activities	66.2	-2.9	5.41	3.37	-1.34	Upgrade
Operating Cash Flow	-0.09	-0.56	-0.67	-0.33	-0.54	Upgrade
Short-Term Debt Issued	-	-	0	0.06	-	Upgrade
Long-Term Debt Issued	0.06	0.07	-	-	0.54	Upgrade
Total Debt Issued	0.06	0.07	0	0.06	0.54	Upgrade
Short-Term Debt Repaid	-0.02	-0	-	-	-	Upgrade
Long-Term Debt Repaid	-	-0	-0.01	-	-0	Upgrade
Total Debt Repaid	-0.02	-0	-0.01	-	-0	Upgrade
Net Debt Issued (Repaid)	0.03	0.07	-0	0.06	0.54	Upgrade
Issuance of Common Stock	0.45	-	-	-	-	Upgrade
Financing Cash Flow	0.48	0.46	0.78	0.33	0.54	Upgrade
Net Cash Flow	0.39	-0.1	0.11	0	-0.01	Upgrade
Free Cash Flow	-0.09	-0.56	-0.67	-0.33	-0.54	Upgrade
Free Cash Flow Margin	-3.10%	-	-	-	-	Upgrade
Free Cash Flow Per Share	-	-0.00	-0.00	-0.00	-0.00	Upgrade
Cash Interest Paid	0.35	0.06	0.01	0.01	0.02	Upgrade
Levered Free Cash Flow	67.33	-2.01	5.52	4.19	-0.59	Upgrade
Unlevered Free Cash Flow	69.11	-0.45	6.91	5.24	0.31	Upgrade
Change in Working Capital	2.95	3.52	3.09	3.01	3.1	Upgrade

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