American Bitcoin 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
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	-153.17	428.94	39.61	-104.21
Depreciation & Amortization	58.24	22.74	14.41	16.84
Other Amortization	-	3.5	6.26	0.95
Loss (Gain) From Sale of Assets	229.52	-509.3	-33.47	22.87
Asset Writedown & Restructuring Costs	-	-	-	49.67
Stock-Based Compensation	2.15	9.17	9.11	4.93
Other Operating Activities	-245.4	-25.56	-106.32	-56.54
Change in Accounts Receivable	-2.2	-	-	-
Change in Accounts Payable	-22.24	13.97	15.97	0.22
Change in Income Taxes	-0.19	0.12	0.77	-
Change in Other Net Operating Assets	53.68	-2.43	-2.3	-7.3
Operating Cash Flow	-79.61	-54.03	-55.97	-72.58
Capital Expenditures	-	-35.68	-0.97	-46.93
Sale of Property, Plant & Equipment	2.56	-	-	-
Cash Acquisitions	0.89	-	-	-
Other Investing Activities	-401.72	-30.91	63.69	71.23
Investing Cash Flow	-398.26	-66.59	62.72	24.31
Long-Term Debt Issued	-	-	-	50
Long-Term Debt Repaid	-	-11.48	-10.78	-11.15
Net Debt Issued (Repaid)	-	-11.48	-10.78	38.85
Issuance of Common Stock	443.03	-	-	-
Other Financing Activities	38.66	132.1	4.03	9.42
Financing Cash Flow	481.69	120.62	-6.76	48.27
Net Cash Flow	3.82	-	-	-
Free Cash Flow	-79.61	-89.71	-56.93	-119.5
Free Cash Flow Margin	-42.99%	-125.41%	-87.61%	-181.89%
Free Cash Flow Per Share	-0.09	-0.10	-0.06	-
Cash Income Tax Paid	0.01	-	-	-
Levered Free Cash Flow	82	193.99	-	-
Unlevered Free Cash Flow	82	192.66	-	-
Change in Working Capital	29.06	11.66	14.44	-7.08

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