Smart Shooter Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	6.93	0.58	-6.33
Depreciation & Amortization	0.58	0.54	0.3
Stock-Based Compensation	0.09	0	0
Other Operating Activities	0.26	-0.82	-0.22
Change in Accounts Receivable	-7.81	-9.05	0.24
Change in Inventory	0.61	-1.21	-0.84
Change in Accounts Payable	2.12	2.88	2.34
Change in Other Net Operating Assets	0.01	0.26	-0.05
Operating Cash Flow	2.81	-6.81	-4.55
Capital Expenditures	-0.28	-0.58	-0.29
Other Investing Activities	1.53	-0.79	-0.8
Investing Cash Flow	1.25	-1.37	-1.09
Short-Term Debt Issued	-	9	3
Total Debt Issued	8.5	9	3
Short-Term Debt Repaid	-	-2.5	-3
Long-Term Debt Repaid	-	-0.21	-0.09
Total Debt Repaid	-9.25	-2.71	-3.09
Net Debt Issued (Repaid)	-0.75	6.29	-0.09
Issuance of Common Stock	-	-	0.19
Financing Cash Flow	-0.75	6.29	0.11
Net Cash Flow	3.3	-1.89	-5.53
Free Cash Flow	2.52	-7.39	-4.84
Free Cash Flow Margin	6.42%	-30.11%	-39.21%
Free Cash Flow Per Share	0.07	-0.66	-0.43
Levered Free Cash Flow	-	-8.33	-
Unlevered Free Cash Flow	-	-8.07	-
Change in Working Capital	-5.06	-7.11	1.69

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