Guerrilla RF Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net Income	-15.34	-15.97	-12.03	-2.84	-2.01	-0.22
Depreciation & Amortization	1.56	1.59	1.36	0.37	0.27	0.2
Asset Writedown & Restructuring Costs	0.12	0.12	-	-	-	-
Stock-Based Compensation	1.39	1.28	0.64	0.18	0.02	0.02
Other Operating Activities	2.61	1.69	0.09	-1.33	0.02	0.13
Change in Accounts Receivable	-1.22	-0.95	0.54	-0.01	-0.47	-0.76
Change in Inventory	-0.2	0.13	-0.23	-0.46	-0.3	-0.21
Change in Accounts Payable	1.1	-2.37	0.72	0.35	0.5	-0.06
Change in Other Net Operating Assets	1.53	1.02	-0.34	-1.09	0.02	-0.08
Operating Cash Flow	-8.46	-13.45	-9.25	-4.82	-1.95	-0.97
Capital Expenditures	-0.01	-0.1	-0.55	-0.39	-0.31	-0.31
Investing Cash Flow	-0.01	-0.1	-0.55	-0.39	-0.31	-0.31
Long-Term Debt Issued	-	16.76	9.07	5.93	1.79	1.65
Total Debt Issued	18.76	-	-	-	-	-
Long-Term Debt Repaid	-	-11.63	-4.96	-4.25	-0.01	-
Total Debt Repaid	-12.86	-	-	-	-	-
Net Debt Issued (Repaid)	5.9	5.13	4.11	1.68	1.78	1.65
Issuance of Common Stock	4.82	5.44	4.77	8.42	0.01	0.06
Other Financing Activities	-0.53	-0.57	-0.05	-	-	-
Financing Cash Flow	10.2	10	8.82	10.1	1.79	1.71
Miscellaneous Cash Flow Adjustments	-	-	-	-	-	-0
Net Cash Flow	1.72	-3.56	-0.97	4.89	-0.48	0.43
Free Cash Flow	-8.47	-13.56	-9.8	-5.21	-2.26	-1.28
Free Cash Flow Margin	-50.02%	-89.91%	-84.46%	-49.74%	-27.97%	-18.26%
Free Cash Flow Per Share	-1.13	-1.91	-1.77	-2.67	-5.99	-3.52
Levered Free Cash Flow	-6.56	-9.86	-1.94	-3.09	-2.07	-
Unlevered Free Cash Flow	-3.91	-8.05	-1.39	-2.74	-1.77	-
Change in Net Working Capital	-0.03	2.8	-4.09	0.6	0.79	-

Source: S&P Capital IQ. Standard template.