Liberty Defense Holdings 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	FY 2022	FY 2021	FY 2020	2018 - 2019
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	2018 - 2019
Net Income	-12.73	-8.85	-9.37	-12.16	-12.39	-1.05	Upgrade
Depreciation & Amortization	0.75	1.32	1.29	1.12	0.16	-	Upgrade
Loss (Gain) From Sale of Assets	0.03	0.03	-	-	-	-	Upgrade
Asset Writedown & Restructuring Costs	0.12	0.12	-	-	-	-	Upgrade
Stock-Based Compensation	1.28	0.38	0.6	1.99	2.9	0.08	Upgrade
Other Operating Activities	1.91	1.76	0.65	0.09	2.53	-0.13	Upgrade
Change in Accounts Receivable	-1.82	-1.41	0.06	-0.09	-0.1	0.05	Upgrade
Change in Inventory	-1.18	0.11	-1.2	-0.52	-	-	Upgrade
Change in Accounts Payable	1.16	0.46	2.26	0.71	-0.31	-0.03	Upgrade
Change in Unearned Revenue	-1.22	-	0.18	-	-	-	Upgrade
Change in Other Net Operating Assets	-0.12	-0.38	-	-	-	-	Upgrade
Operating Cash Flow	-11.82	-6.47	-5.54	-8.86	-7.21	-1.09	Upgrade
Capital Expenditures	-0.25	-0.09	-0.11	-0.77	-0.09	-	Upgrade
Cash Acquisitions	-	-	-	-	-0.29	-	Upgrade
Sale (Purchase) of Intangibles	-0.01	-0.03	-0.11	-0.16	-0.19	-	Upgrade
Investing Cash Flow	-0.26	-0.12	-0.22	-0.93	-0.57	-	Upgrade
Short-Term Debt Issued	-	2.56	2.98	-	-	1.82	Upgrade
Long-Term Debt Issued	-	1.81	0.02	0.02	0.01	0.07	Upgrade
Total Debt Issued	1.28	4.37	3	0.02	0.01	1.89	Upgrade
Short-Term Debt Repaid	-	-3.41	-1.56	-	-0.51	-	Upgrade
Long-Term Debt Repaid	-	-0.25	-0.25	-0.16	-0.13	-	Upgrade
Total Debt Repaid	-2.24	-3.66	-1.81	-0.16	-0.64	-	Upgrade
Net Debt Issued (Repaid)	-0.96	0.71	1.19	-0.14	-0.63	1.89	Upgrade
Issuance of Common Stock	14.08	7.96	4.34	10.72	11.33	-	Upgrade
Other Financing Activities	-0.88	-0.88	-0.46	-1.28	-1.44	-1.82	Upgrade
Financing Cash Flow	12.24	7.78	5.07	9.3	9.27	0.07	Upgrade
Foreign Exchange Rate Adjustments	0.09	-0.04	0.01	-0.18	-0.21	0.1	Upgrade
Net Cash Flow	0.25	1.15	-0.68	-0.66	1.28	-0.91	Upgrade
Free Cash Flow	-12.06	-6.56	-5.65	-9.63	-7.3	-1.09	Upgrade
Free Cash Flow Margin	-753.78%	-269.15%	-378.34%	-	-	-	Upgrade
Free Cash Flow Per Share	-0.26	-0.38	-0.44	-1.05	-1.48	-0.70	Upgrade
Cash Interest Paid	0.98	0.78	0.09	-	0.14	-	Upgrade
Levered Free Cash Flow	-10.11	-4.56	-2.34	-5.26	-1.25	-2.5	Upgrade
Unlevered Free Cash Flow	-9.66	-4.05	-2.16	-5.23	-1.19	-2.38	Upgrade
Change in Working Capital	-3.18	-1.23	1.3	0.1	-0.41	0.02	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.