Black Iron 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	-1.45	-2.13	-1.58	-3.44	-5.83	Upgrade
Depreciation & Amortization	0.11	0	0	0	0	Upgrade
Other Amortization	-	-	-	-	0.01	Upgrade
Stock-Based Compensation	0.18	0.23	0.1	0.23	0.34	Upgrade
Other Operating Activities	0.02	-0.05	-0.03	-0.02	0.11	Upgrade
Change in Other Net Operating Assets	0.01	-0.09	0.29	-0.05	0.41	Upgrade
Operating Cash Flow	-1.13	-2.04	-1.22	-3.28	-4.96	Upgrade
Capital Expenditures	-0.03	-	-	-0	-0.01	Upgrade
Other Investing Activities	0.03	0.05	0.03	0.02	0	Upgrade
Investing Cash Flow	0	0.05	0.03	0.02	-0	Upgrade
Long-Term Debt Issued	-	-	-	-	0.02	Upgrade
Long-Term Debt Repaid	-0.14	-0.01	-	-	-0.03	Upgrade
Net Debt Issued (Repaid)	-0.14	-0.01	-	-	-0.02	Upgrade
Issuance of Common Stock	0.11	-	0.02	0.04	9.83	Upgrade
Other Financing Activities	-	2.6	-	-	-0.81	Upgrade
Financing Cash Flow	-0.03	2.59	0.02	0.04	9	Upgrade
Foreign Exchange Rate Adjustments	-0.06	0.08	0.01	-0.21	-0.01	Upgrade
Net Cash Flow	-1.21	0.68	-1.16	-3.43	4.03	Upgrade
Free Cash Flow	-1.16	-2.04	-1.22	-3.28	-4.96	Upgrade
Free Cash Flow Per Share	-0.00	-0.01	-0.00	-0.01	-0.02	Upgrade
Levered Free Cash Flow	-0.61	1.42	-0.52	-1.96	-2.62	Upgrade
Unlevered Free Cash Flow	-0.58	1.42	-0.52	-1.96	-2.59	Upgrade
Change in Working Capital	0.01	-0.09	0.29	-0.05	0.41	Upgrade

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