Gold X2 Mining Cash Flow Statement

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

Millions CAD. 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	Mar '23 Mar 31, 2023
Net Income	-33.73	-26.35	-10.26	-7.02
Depreciation & Amortization	0.23	0.18	0.08	0.12
Stock-Based Compensation	5.97	3.23	2	2.07
Other Adjustments	-9.07	-9.06	0.02	2.1
Changes in Accounts Payable	4.78	3.09	0.87	-0.79
Changes in Other Operating Activities	-0.39	-0.22	-0.38	0.7
Operating Cash Flow	-32.21	-29.13	-7.67	-2.82
Capital Expenditures	-0.16	-0.2	-	-
Purchases of Intangible Assets	-10.93	-10.62	-0.48	-
Other Investing Activities	-0.12	-0.16	-	-
Investing Cash Flow	-11.46	-10.98	-0.48	-23.79
Issuance of Common Stock	150.73	37.63	18.5	-
Repurchase of Common Stock	-0.16	-0.19	-0.17	-
Net Common Stock Issued (Repurchased)	150.57	37.44	18.33	-
Other Financing Activities	-0.11	-0.1	-0.07	-0.11
Financing Cash Flow	150.42	37.34	18.26	15.75
Net Cash Flow	106.75	-2.78	10.11	-10.87
Free Cash Flow	-32.37	-29.34	-7.67	-2.82
Free Cash Flow Per Share	-0.07	-0.07	-0.03	-0.02
Levered Free Cash Flow	17.8	-23.5	-9.69	4.34
Unlevered Free Cash Flow	-15.78	-29.83	-10.59	-62.17