ModuLink Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Net Income	-1.27	-1.27	-0.28	0.01
Depreciation & Amortization	0.02	0.02	0	-
Other Operating Activities	-0.01	-	0.04	0.01
Change in Accounts Receivable	0.57	0.39	-0.01	-0.2
Change in Accounts Payable	-0.14	-0.02	0	0.02
Change in Unearned Revenue	0.11	0.04	0.15	-
Change in Other Net Operating Assets	0.22	-0.39	-0.25	0.41
Operating Cash Flow	-0.51	-1.24	-0.35	0.25
Capital Expenditures	-0.03	-0.04	-0.03	-
Investment in Securities	-	-	-0	-
Other Investing Activities	-0.02	-0.02	-	-
Investing Cash Flow	-0.05	-0.05	-0.03	-
Issuance of Common Stock	1.07	1.07	-	-
Other Financing Activities	-0.68	-0.01	0.39	-
Financing Cash Flow	0.39	1.06	0.39	-
Net Cash Flow	-0.17	-0.23	0.02	0.25
Free Cash Flow	-0.54	-1.27	-0.37	0.25
Free Cash Flow Margin	-53.17%	-98.36%	-90.60%	15.52%
Levered Free Cash Flow	-0.06	-0.8	-0.4	-
Unlevered Free Cash Flow	-0.05	-0.79	-0.4	-
Change in Working Capital	0.75	0.02	-0.1	0.23