DAWN 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 - 2019
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 - 2019
Net Income	-107.32	-95.5	-188.92	-142.18	-70.65	Upgrade
Depreciation & Amortization	3.79	2.03	0.38	0.53	0.2	Upgrade
Loss (Gain) From Sale of Assets	0.07	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	-	55	3	-	8	Upgrade
Loss (Gain) From Sale of Investments	-15.74	-6.39	-10.08	-2.03	-	Upgrade
Stock-Based Compensation	44.39	48.26	39.34	27.24	13.32	Upgrade
Other Operating Activities	-	-108	-	-	-2.11	Upgrade
Change in Accounts Receivable	-12.86	-13.88	-	-	-	Upgrade
Change in Inventory	-2.86	-3.24	-	-	-	Upgrade
Change in Accounts Payable	0.47	0.69	2.32	-1.48	1.54	Upgrade
Change in Unearned Revenue	0.25	4.79	-	-	-	Upgrade
Change in Other Net Operating Assets	-13.95	38.13	7.1	8.05	1.15	Upgrade
Operating Cash Flow	-103.76	-78.11	-146.85	-109.87	-48.54	Upgrade
Capital Expenditures	-0.32	-2.17	-0.22	-0.03	-	Upgrade
Sale of Property, Plant & Equipment	0.03	-	-	-	-	Upgrade
Sale (Purchase) of Intangibles	-3.5	-72.1	-3	-	-8	Upgrade
Investment in Securities	178.44	-264.73	131.6	-255.05	-	Upgrade
Other Investing Activities	-	108	-	-	-	Upgrade
Investing Cash Flow	174.65	-230.99	128.38	-255.07	-8	Upgrade
Issuance of Common Stock	1.22	182.35	164	165.9	167.36	Upgrade
Other Financing Activities	-	20.94	-	-	-	Upgrade
Financing Cash Flow	1.22	203.29	164	165.9	297.12	Upgrade
Net Cash Flow	72.11	-105.82	145.52	-199.05	240.58	Upgrade
Free Cash Flow	-104.08	-80.28	-147.08	-109.9	-48.54	Upgrade
Free Cash Flow Margin	-65.80%	-61.21%	-	-	-	Upgrade
Free Cash Flow Per Share	-1.01	-0.86	-1.84	-1.68	-1.31	Upgrade
Cash Income Tax Paid	4.75	1.9	-	-	-	Upgrade
Levered Free Cash Flow	-61.96	-133.99	-82.72	-56.86	-37.01	Upgrade
Unlevered Free Cash Flow	-61.96	-133.99	-82.72	-56.86	-37.01	Upgrade
Change in Working Capital	-28.94	26.48	9.42	6.56	2.7	Upgrade

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