Ludwig Enterprises 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	-2.24	-3.02	-2.46	-0.97	-0.14	Upgrade
Other Amortization	0.8	0.02	0.47	0.44	0.08	Upgrade
Loss (Gain) From Sale of Assets	-	-0.2	-	-	-	Upgrade
Stock-Based Compensation	0.23	0.42	0.26	0.12	-	Upgrade
Other Operating Activities	-0.42	1.68	0.89	-0.04	-	Upgrade
Change in Inventory	-0	-0	-	-	-	Upgrade
Change in Accounts Payable	0.98	0.52	0.2	0.01	0.01	Upgrade
Change in Unearned Revenue	-	-0.05	-	-	-	Upgrade
Change in Other Net Operating Assets	0.01	-0.02	-0	-	-	Upgrade
Operating Cash Flow	-0.64	-0.66	-0.65	-0.44	-0.05	Upgrade
Sale (Purchase) of Intangibles	-0.01	-	-	-	-	Upgrade
Investing Cash Flow	-0.01	-	-	-	-	Upgrade
Short-Term Debt Issued	0.81	0.67	0.24	-	-	Upgrade
Long-Term Debt Issued	-	-	-	0.83	0.17	Upgrade
Total Debt Issued	0.81	0.67	0.24	0.83	0.17	Upgrade
Short-Term Debt Repaid	-0.11	-0.06	-	-	-	Upgrade
Total Debt Repaid	-0.11	-0.06	-	-	-	Upgrade
Net Debt Issued (Repaid)	0.7	0.62	0.24	0.83	0.17	Upgrade
Other Financing Activities	-0.05	-0.06	-	-	-	Upgrade
Financing Cash Flow	0.65	0.56	0.24	0.84	0.17	Upgrade
Net Cash Flow	-0.01	-0.1	-0.41	0.39	0.12	Upgrade
Cash Interest Paid	0.01	0.01	-	-	0.01	Upgrade
Levered Free Cash Flow	0.82	-0.09	-0.34	-0.14	-0.01	Upgrade
Unlevered Free Cash Flow	0.58	-0.06	-0.51	-0.29	-0.03	Upgrade
Change in Working Capital	0.99	0.44	0.19	0.01	0.01	Upgrade

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