Theralase Technologies Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-4.35	-4.26	-4.57	-5.24	-4.41	-5.6
Depreciation & Amortization	0.26	0.27	0.29	0.31	0.28	0.27
Loss (Gain) From Sale of Assets	-	-	-	-	-	0.01
Stock-Based Compensation	0.7	0.52	0.62	0.19	0.32	0.91
Other Operating Activities	0.01	0.03	0.03	0.05	0.02	0.01
Change in Accounts Receivable	-0.07	-0.02	-0.03	-0.04	0.18	0.34
Change in Inventory	0.13	0.11	-0.17	0.08	-0.11	0.27
Change in Accounts Payable	1.05	0.11	0.39	-0.24	0.07	-0.71
Change in Other Net Operating Assets	-0.25	-0.1	-0.63	-0.23	-0.38	0.05
Operating Cash Flow	-2.52	-3.33	-4.07	-5.1	-4.03	-4.45
Capital Expenditures	-0.1	-0.02	-0.04	-0.07	-0.1	-0.16
Investing Cash Flow	-0.1	-0.02	-0.04	-0.07	-0.1	-0.16
Long-Term Debt Repaid	-	-0.12	-0.12	-0.08	-0.06	-0.05
Total Debt Repaid	-0.14	-0.12	-0.12	-0.08	-0.06	-0.05
Net Debt Issued (Repaid)	-0.04	-0.12	-0.12	-0.08	-0.06	-0.05
Issuance of Common Stock	2.4	3.69	2.76	3.07	-	0
Other Financing Activities	-0	-0	-0	-0	-0	-0.01
Financing Cash Flow	2.36	3.57	2.65	2.99	-0.06	-0.06
Miscellaneous Cash Flow Adjustments	-	-	0	-	-	-
Net Cash Flow	-0.25	0.22	-1.46	-2.18	-4.19	-4.67
Free Cash Flow	-2.61	-3.35	-4.11	-5.17	-4.13	-4.61
Free Cash Flow Margin	-261.03%	-323.78%	-384.01%	-454.37%	-529.21%	-496.25%
Free Cash Flow Per Share	-0.01	-0.01	-0.02	-0.03	-0.02	-0.02
Cash Interest Paid	-	-	-	-	-	0.01
Levered Free Cash Flow	-1.18	-1.88	-2.09	-2.78	-2.54	-2.66
Unlevered Free Cash Flow	-1.16	-1.87	-2.07	-2.77	-2.54	-2.66
Change in Working Capital	0.86	0.1	-0.44	-0.42	-0.24	-0.05

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