Cathedra Bitcoin Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-9.96	0.67	2.59	-45.03
Depreciation & Amortization	4.78	3.17	0.57	7.71
Loss (Gain) From Sale of Assets	-0.22	-	-	1.1
Asset Writedown & Restructuring Costs	1.17	0.57	-	26.66
Loss (Gain) From Sale of Investments	-0.12	0.01	-	-
Stock-Based Compensation	0.9	0.22	-	5.77
Other Operating Activities	2.1	-0.57	0.16	4.59
Change in Accounts Receivable	0.25	-0.38	-1.24	-0.11
Change in Accounts Payable	0.16	-0.51	0.21	-0.17
Change in Unearned Revenue	-	-	-0.16	-
Change in Income Taxes	-0.17	0.48	-	-
Change in Other Net Operating Assets	-2.34	-6.99	0.22	1.94
Operating Cash Flow	-3.45	-3.33	2.34	2.55
Operating Cash Flow Growth	-	-	-8.16%	-
Capital Expenditures	-2.8	-	-2.96	-25.33
Sale of Property, Plant & Equipment	0.15	-	-	-
Cash Acquisitions	-	1.43	-	-
Other Investing Activities	12.96	3	-0.47	12.09
Investing Cash Flow	10.31	4.43	-3.44	-13.24
Short-Term Debt Issued	-	-	1.06	-
Long-Term Debt Issued	3.56	-	-	14.95
Total Debt Issued	3.56	-	1.06	14.95
Long-Term Debt Repaid	-4.86	-1.02	-0.14	-18.31
Net Debt Issued (Repaid)	-1.3	-1.02	0.92	-3.36
Issuance of Common Stock	0.37	-	-	9.6
Repurchase of Common Stock	-0.1	-	-	-
Other Financing Activities	-4.83	-0.1	-	-0.05
Financing Cash Flow	-5.87	-1.12	0.92	6.19
Foreign Exchange Rate Adjustments	-0.01	-0.01	0	-1.72
Net Cash Flow	0.98	-0.02	-0.17	-6.22
Free Cash Flow	-6.25	-3.33	-0.62	-22.78
Free Cash Flow Margin	-29.49%	-14.39%	-4.15%	-258.55%
Free Cash Flow Per Share	-0.20	-0.14	-0.03	-6.50
Cash Interest Paid	4.83	0.1	-	1.06
Levered Free Cash Flow	22.58	-20.01	4.27	-
Unlevered Free Cash Flow	23	-18.79	4.34	-
Change in Working Capital	-2.1	-7.4	-0.97	1.67

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