COMSovereign Holding Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '23 Sep 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Net Income	-45.86	-79.71	-153.05	-37.08	-27.55
Depreciation & Amortization	-0.54	0.96	7.02	13.16	3.39
Other Amortization	1.64	3.53	7.06	8.94	12.77
Loss (Gain) From Sale of Assets	-0.31	-5.73	-0.08	-0	-0.1
Asset Writedown & Restructuring Costs	27.65	41.44	106.06	-	-
Stock-Based Compensation	0.37	0.98	3.3	1.4	0.26
Provision & Write-off of Bad Debts	0.11	0.31	0.21	1.01	-
Other Operating Activities	12.48	21.99	6.86	-1.81	-0.54
Change in Accounts Receivable	2.66	0.03	0.11	0.37	-0.03
Change in Inventory	2.16	5.16	-2.15	0.38	-1.14
Change in Accounts Payable	-1.9	0.08	-3.6	3.53	-1.14
Change in Unearned Revenue	-2.65	0.01	2.45	0.56	-
Change in Other Net Operating Assets	4.67	1.43	-13.27	3.52	7.21
Operating Cash Flow	0.48	-7.9	-41.75	-6.02	-6.85
Capital Expenditures	0	-0.17	-3.05	-0.18	-0.09
Sale of Property, Plant & Equipment	0.44	15.1	0.08	0	-
Cash Acquisitions	-	-	-6.47	-3.15	2.93
Investing Cash Flow	0.44	14.94	-9.44	-3.32	2.84
Short-Term Debt Issued	-	0.1	-	2.71	0.49
Long-Term Debt Issued	-	1.16	14.16	9.63	6.25
Total Debt Issued	1.06	1.26	14.16	12.34	6.73
Short-Term Debt Repaid	-	-	-1.01	-2	-
Long-Term Debt Repaid	-	-7.54	-7.65	-1.12	-1.81
Total Debt Repaid	0.03	-7.54	-8.66	-3.12	-1.81
Net Debt Issued (Repaid)	1.09	-6.29	5.5	9.22	4.93
Issuance of Common Stock	-	0.03	45.02	0.33	0.01
Preferred Dividends Paid	-	-0.25	-0.17	-	-
Dividends Paid	-	-0.25	-0.17	-	-
Other Financing Activities	-	-	-5.99	-0.31	-0.08
Financing Cash Flow	1.09	-6.5	52.35	9.24	4.85
Foreign Exchange Rate Adjustments	-	-	0.02	0.02	-0.02
Miscellaneous Cash Flow Adjustments	-0.54	-0.54	-	-	-
Net Cash Flow	1.47	-0.01	1.18	-0.08	0.81
Free Cash Flow	0.48	-8.06	-44.81	-6.2	-6.94
Free Cash Flow Margin	7.83%	-81.62%	-494.34%	-65.74%	-147.28%
Free Cash Flow Per Share	0.20	-7.22	-63.60	-13.68	-42.74
Cash Interest Paid	0.08	0.11	0.64	0.4	-
Levered Free Cash Flow	2.19	4.19	-28.11	8.7	-
Unlevered Free Cash Flow	3	4.19	-26.36	6.83	-
Change in Net Working Capital	-5.98	-13.81	16.2	-9.3	-

Updated Jan 9, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.