GlycoNex Incorporation Cash Flow Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	-235.23	-229.71	-178.36	-219.82	-172.49
Depreciation & Amortization	35.42	34.37	31.18	39.96	40.13
Loss (Gain) From Sale of Assets	-	-	-73.81	-	-
Loss (Gain) From Sale of Investments	-0.26	-	-	-	-
Stock-Based Compensation	0.27	-	-	3.34	-2.83
Provision & Write-off of Bad Debts	-	-	-	0.31	-
Other Operating Activities	4.34	-17.95	18.03	2.42	0.13
Change in Accounts Receivable	-2.23	0.03	0.02	0.3	-0.33
Change in Accounts Payable	43.64	-8.12	2.86	13.66	1.64
Change in Unearned Revenue	1.18	14.06	0.03	-	-0.22
Change in Other Net Operating Assets	-13.42	-14.66	16.13	-7.72	-6.89
Operating Cash Flow	-166.29	-221.97	-183.92	-167.55	-140.86
Capital Expenditures	-4.58	-31.28	-23.42	-8.69	-6.84
Sale of Property, Plant & Equipment	-	-	237.46	-	-
Sale (Purchase) of Intangibles	-2	-4	-	-	-
Investment in Securities	107	217.71	46.27	-390.06	120.31
Other Investing Activities	-1.7	-0.44	-2.39	-0.83	-0.25
Investing Cash Flow	98.72	182	257.93	-399.57	113.22
Short-Term Debt Issued	-	-	10	66	-
Long-Term Debt Issued	540.36	-	-	420.63	-
Total Debt Issued	540.36	-	10	486.63	-
Short-Term Debt Repaid	-	-	-15	-61	-
Long-Term Debt Repaid	-168.4	-	-	-	-
Total Debt Repaid	-168.4	-	-15	-61	-
Net Debt Issued (Repaid)	371.96	-	-5	425.63	-
Issuance of Common Stock	53.75	-	-	103.5	-
Other Financing Activities	0.02	0.01	-1.72	-4.89	-0.03
Financing Cash Flow	425.72	0.01	-6.72	524.24	-0.03
Net Cash Flow	358.16	-39.96	67.28	-42.88	-27.67
Free Cash Flow	-170.86	-253.24	-207.34	-176.24	-147.7
Free Cash Flow Margin	-451.29%	-1722.63%	-8156.65%	-585.80%	-2697.72%
Free Cash Flow Per Share	-1.57	-2.34	-1.92	-1.77	-1.52
Cash Interest Paid	2.55	2.08	2.09	1.64	-
Cash Income Tax Paid	1.23	21.85	0.04	-0.09	-0.11
Levered Free Cash Flow	-318.25	-183.48	89.98	-111.44	-96.62
Unlevered Free Cash Flow	-313.86	-181.21	92.24	-109.72	-96.62
Change in Working Capital	29.17	-8.69	19.05	6.25	-5.8

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.