AOTI, Inc. 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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	2.36	-1.76	-8.19
Depreciation & Amortization	2.09	1.73	1.42
Other Amortization	0.22	0.26	0.1
Loss (Gain) From Sale of Assets	0	-0.02	-0.06
Stock-Based Compensation	0.16	5.18	1.52
Provision & Write-off of Bad Debts	1.02	0.52	0.15
Other Operating Activities	-0.36	0.03	-0.23
Change in Accounts Receivable	-13.05	-8.74	-1.37
Change in Inventory	-2.99	-0.31	-0.77
Change in Accounts Payable	0.16	-4.23	4.84
Change in Unearned Revenue	0.44	0.44	0.17
Change in Income Taxes	0.01	0.02	0.2
Change in Other Net Operating Assets	1.54	0.96	0.52
Operating Cash Flow	-8.38	-5.91	-1.72
Capital Expenditures	-2.55	-1.94	-1.32
Investing Cash Flow	-2.39	-1.94	-1.32
Short-Term Debt Issued	-	1	-
Long-Term Debt Issued	-	2	-
Total Debt Issued	10.99	3	-
Short-Term Debt Repaid	-	-1	-0.2
Long-Term Debt Repaid	-	-6	-
Total Debt Repaid	-5.99	-7	-0.2
Net Debt Issued (Repaid)	5	-4	-0.2
Issuance of Common Stock	-	24.74	-
Other Financing Activities	0.39	-4.33	-
Financing Cash Flow	5.39	16.41	-0.2
Net Cash Flow	-5.39	8.56	-3.24
Free Cash Flow	-10.93	-7.85	-3.03
Free Cash Flow Margin	-17.12%	-13.45%	-6.91%
Free Cash Flow Per Share	-0.10	-0.08	-0.04
Cash Interest Paid	1.87	1.87	1.88
Cash Income Tax Paid	1.37	1.37	0.14
Levered Free Cash Flow	-10.46	-6.43	-
Unlevered Free Cash Flow	-9.5	-5.53	-
Change in Working Capital	-13.88	-11.85	3.59

Source: S&P Global Market Intelligence. Standard template. Financial Sources.