Gold Reserve Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	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	2015 - 2019
Net Income	-15.19	-23.12	-8.6	-10.6	-11.52	Upgrade
Depreciation & Amortization	0.01	0.06	0.1	0.11	0.12	Upgrade
Loss (Gain) From Sale of Assets	-	-	0.01	-0.06	0.03	Upgrade
Asset Writedown & Restructuring Costs	0	0.19	0.62	-	3.75	Upgrade
Loss (Gain) From Sale of Investments	-0.25	-1.08	0.01	-0.02	-0.01	Upgrade
Stock-Based Compensation	1.87	0.1	0.16	1.99	0.66	Upgrade
Other Operating Activities	-1.32	6.43	-0.12	-	-1.09	Upgrade
Change in Accounts Payable	1.61	0.07	0.17	-0.1	0.11	Upgrade
Change in Income Taxes	0.91	9.71	0.59	-	3.2	Upgrade
Change in Other Net Operating Assets	0.29	0.21	0.69	0.07	0.17	Upgrade
Operating Cash Flow	-12.05	-7.43	-6.36	-8.61	-4.56	Upgrade
Capital Expenditures	-	-	-	-0	-0.05	Upgrade
Sale of Property, Plant & Equipment	-	0.78	0	0.32	0.1	Upgrade
Investment in Securities	-3.5	-0.2	-27.38	-	0.1	Upgrade
Investing Cash Flow	-3.5	0.58	-27.37	0.31	0.15	Upgrade
Issuance of Common Stock	51.92	0	-	-	-	Upgrade
Other Financing Activities	-2.08	-	-	-	-	Upgrade
Financing Cash Flow	49.84	0	-	-	-	Upgrade
Net Cash Flow	34.29	-6.85	-33.74	-8.3	-4.41	Upgrade
Free Cash Flow	-12.05	-7.43	-6.36	-8.61	-4.61	Upgrade
Free Cash Flow Margin	-380.28%	-	-	-	-	Upgrade
Free Cash Flow Per Share	-0.11	-0.07	-0.06	-0.09	-0.05	Upgrade
Levered Free Cash Flow	-2.68	14.31	-2.53	-3.2	-0.86	Upgrade
Unlevered Free Cash Flow	-2.68	14.31	-2.53	-3.2	-0.86	Upgrade
Change in Net Working Capital	-2.81	-18.07	-1.46	0.24	-2.4	Upgrade

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