Rare Element Resources 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	-4.9	-18.45	-9	-9.43	-5.4	Upgrade
Depreciation & Amortization	0.2	0.16	0.39	0.1	0.03	Upgrade
Asset Writedown & Restructuring Costs	-	-	-	-	0.03	Upgrade
Stock-Based Compensation	0	-0.04	0.47	2.92	1.54	Upgrade
Other Operating Activities	-0.02	0.54	-0.23	0.17	0.09	Upgrade
Change in Accounts Payable	0.28	0.77	0.06	-0.89	1	Upgrade
Change in Other Net Operating Assets	-2.69	6.41	-3.4	-2.28	-0.13	Upgrade
Operating Cash Flow	-7.12	-10.62	-11.71	-9.4	-2.84	Upgrade
Capital Expenditures	-0.29	-1.57	-0.02	-	-	Upgrade
Sale of Property, Plant & Equipment	-	0.01	0.01	-	-	Upgrade
Investing Cash Flow	-0.29	-1.56	-0	-	-	Upgrade
Issuance of Common Stock	-	35.29	0.03	-	25.08	Upgrade
Other Financing Activities	-	-	-0.03	-0.03	-	Upgrade
Financing Cash Flow	-	35.29	0.01	-0.03	25.08	Upgrade
Net Cash Flow	-7.41	23.11	-11.7	-9.42	22.24	Upgrade
Free Cash Flow	-7.41	-12.19	-11.72	-9.4	-2.84	Upgrade
Free Cash Flow Per Share	-0.01	-0.02	-0.05	-0.04	-0.02	Upgrade
Levered Free Cash Flow	-6.03	-8.76	-8.22	-3.32	-3.55	Upgrade
Unlevered Free Cash Flow	-6.02	-8.74	-8.2	-3.3	-3.53	Upgrade
Change in Working Capital	-2.4	7.18	-3.34	-3.17	0.87	Upgrade

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