Tantalus Systems Holding 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	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	-0.75	-0.99	-2.63	-1.69	-5.2	-7.02
Depreciation & Amortization	1.67	1.67	1.75	1.83	1.74	1.19
Other Amortization	0.01	0.02	0.02	0	0.16	0.36
Stock-Based Compensation	1.29	1.19	0.6	0.42	0.77	0.46
Other Operating Activities	0.88	0.57	-0.08	-2.22	-0.41	1.23
Change in Accounts Receivable	1.64	0.14	-2.14	1.17	-3.03	3.55
Change in Inventory	-2.38	-3.12	1.8	-0.94	0	-1.1
Change in Accounts Payable	1.24	2.83	1.9	1.24	1.5	-3.42
Change in Unearned Revenue	2.24	2.06	1.77	-0.74	1.38	-1.11
Change in Other Net Operating Assets	0.32	0.35	-0.36	0.07	-0.37	0.68
Operating Cash Flow	6.16	4.72	2.64	-0.84	-3.4	-4.01
Operating Cash Flow Growth	0.64%	78.73%	-	-	-	-
Capital Expenditures	-0.65	-0.75	-0.41	-0.27	-0.18	-0.15
Cash Acquisitions	-	-	-	-	-5.69	0.34
Sale (Purchase) of Intangibles	-	-	-	-	-	-0.38
Investing Cash Flow	-0.65	-0.75	-0.41	-0.27	-5.86	-0.19
Long-Term Debt Issued	-	-	4	3.29	3.3	0.02
Total Debt Issued	-	-	4	3.29	3.3	0.02
Long-Term Debt Repaid	-	-4.94	-5.48	-2.88	-1.57	-0.61
Total Debt Repaid	-5.15	-4.94	-5.48	-2.88	-1.57	-0.61
Net Debt Issued (Repaid)	-5.15	-4.94	-1.48	0.4	1.73	-0.59
Issuance of Common Stock	17.32	0.36	7.3	-	0.01	16.33
Other Financing Activities	-1.36	-	0.04	-	-0.67	-2
Financing Cash Flow	10.81	-4.57	5.86	0.4	1.07	13.75
Foreign Exchange Rate Adjustments	-0.33	0.01	-0.02	0.01	-0.17	0.01
Net Cash Flow	16	-0.6	8.07	-0.7	-8.35	9.56
Free Cash Flow	5.51	3.96	2.23	-1.11	-3.58	-4.16
Free Cash Flow Growth	-1.00%	77.75%	-	-	-	-
Free Cash Flow Margin	9.62%	7.32%	5.03%	-2.63%	-9.03%	-12.94%
Free Cash Flow Per Share	0.11	0.08	0.05	-0.03	-0.08	-0.10
Cash Interest Paid	0.63	0.75	1.59	1.36	0.95	0.53
Levered Free Cash Flow	4.7	3.53	3.92	-1.56	0.94	-3.23
Unlevered Free Cash Flow	5.35	4.26	4.92	-0.67	1.53	-2.9
Change in Working Capital	3.06	2.26	2.97	0.8	-0.46	-0.23

Source: S&P Global Market Intelligence. Standard template. Financial Sources.