American Bitcoin Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Net Income	166.45	428.94	39.61	-104.21
Depreciation & Amortization	36.54	22.74	14.41	16.84
Other Amortization	-0	3.5	6.26	0.95
Loss (Gain) From Sale of Assets	-190.87	-509.3	-33.47	22.87
Asset Writedown & Restructuring Costs	-	-	-	49.67
Stock-Based Compensation	5.02	9.17	9.11	4.93
Other Operating Activities	-108.75	-25.44	-105.55	-56.54
Change in Accounts Payable	73.07	13.97	15.97	0.22
Change in Other Net Operating Assets	-0.24	-2.43	-2.3	-7.3
Operating Cash Flow	-19.51	-54.03	-55.97	-72.58
Capital Expenditures	-7.67	-35.68	-0.97	-46.93
Sale (Purchase) of Intangibles	9.81	69.8	63.69	71.23
Other Investing Activities	-388.49	-100.71	-	-
Investing Cash Flow	-382.89	-66.59	62.72	24.31
Long-Term Debt Issued	-	-	-	50
Long-Term Debt Repaid	-	-11.48	-10.78	-11.15
Net Debt Issued (Repaid)	-	-11.48	-10.78	38.85
Other Financing Activities	232.85	132.1	4.03	9.42
Financing Cash Flow	410.37	120.62	-6.76	48.27
Free Cash Flow	-27.17	-89.71	-56.93	-119.5
Free Cash Flow Margin	-22.18%	-125.41%	-87.61%	-181.89%
Free Cash Flow Per Share	-0.03	-1.78	-	-
Levered Free Cash Flow	-	262.79	-	-
Unlevered Free Cash Flow	-	261.47	-	-
Change in Working Capital	72.11	11.54	13.67	-7.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.