Nota Inc. Cash Flow Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-16,630	-24,852	-13,135
Depreciation & Amortization	1,587	1,779	803.04
Loss (Gain) From Sale of Assets	0.07	-	-
Loss (Gain) From Sale of Investments	-0.41	-	-
Stock-Based Compensation	1,886	1,356	436.71
Provision & Write-off of Bad Debts	-28.05	195.72	8.91
Other Operating Activities	3,021	13,768	2,589
Change in Accounts Receivable	-2,936	-763.47	-979.68
Change in Inventory	-	-79.34	-72.1
Change in Other Net Operating Assets	1,312	-2,198	2,354
Operating Cash Flow	-11,788	-10,794	-7,995
Capital Expenditures	-448.85	-1,195	-138.52
Investment in Securities	-6,499	-11,747	-
Other Investing Activities	-23.33	-40.81	-474.59
Investing Cash Flow	-6,971	-12,983	-613.1
Short-Term Debt Issued	-	2,700	3,000
Total Debt Issued	-	2,700	3,000
Short-Term Debt Repaid	-700	-1,000	-1,300
Long-Term Debt Repaid	-1,282	-1,480	-1,118
Total Debt Repaid	-1,982	-2,480	-2,418
Net Debt Issued (Repaid)	-1,982	219.8	581.86
Issuance of Common Stock	25,943	1,605	27.87
Other Financing Activities	-0	21,424	-0
Financing Cash Flow	23,961	27,700	609.73
Foreign Exchange Rate Adjustments	70.07	-93.22	18.01
Net Cash Flow	5,272	3,831	-7,980
Free Cash Flow	-12,237	-11,989	-8,133
Free Cash Flow Margin	-93.41%	-142.09%	-227.14%
Free Cash Flow Per Share	-735.12	-1674.00	-353936.84
Cash Interest Paid	162.55	223.67	62.65
Cash Income Tax Paid	22.46	28.86	17.03
Levered Free Cash Flow	-67,699	20,738	-
Unlevered Free Cash Flow	-66,800	23,433	-
Change in Working Capital	-1,624	-3,041	1,302

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