T3 Defense Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '25 Dec 31, 2025	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022
Net Income	80.66	80.66	-9.66	-17.43	-11.85
Depreciation & Amortization	0	0	-	2.37	2.69
Stock-Based Compensation	18.83	18.83	0.23	0.37	1.91
Other Adjustments	-102.03	-118.71	0.59	12.44	5
Change in Receivables	-	-	-	-	0.88
Changes in Inventories	-	-	-	-	-0.08
Changes in Accounts Payable	0.03	0.03	-	-	0.01
Changes in Accrued Expenses	0.73	-0.03	2.98	0.19	0.31
Changes in Other Operating Activities	-0.26	-0.26	2.68	-0.36	2.74
Operating Cash Flow	-6.2	-6.2	-3.82	-1.23	1.62
Capital Expenditures	-0.03	-0.03	-	-	-
Purchases of Investments	-172.45	-	-	-	-
Payments for Business Acquisitions	0.45	-	-	-	-
Other Investing Activities	-6.84	-3.5	-	-	-0.04
Investing Cash Flow	-179.83	-179.83	0.13	-1.11	-0.04
Long-Term Debt Issued	9.23	-	2.43	0.27	-
Long-Term Debt Repaid	-0.09	-	-	-	-
Net Long-Term Debt Issued (Repaid)	9.13	-	2.43	0.27	-
Issuance of Common Stock	172.85	-	-	-	-
Net Common Stock Issued (Repurchased)	172.85	-	-	-	-
Other Financing Activities	-	-	0.15	-	-
Financing Cash Flow	181.99	181.99	3	0.42	-
Effect of Exchange Rate Changes on Cash and Cash Equivalents	0.03	0.03	0.03	0.23	-0.4
Net Cash Flow	-3.91	-3.91	-0.66	-1.69	1.18
Free Cash Flow	-6.23	-6.23	-3.82	-1.23	1.62
FCF Margin	-	-	-	-5.79%	7.51%
Free Cash Flow Per Share	-0.67	-0.67	-2.21	-0.98	2.79
Levered Free Cash Flow	88.15	78.34	-0.43	-14.96	-6.18
Unlevered Free Cash Flow	-32.14	-32.9	-1.44	-15.26	-5.47

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.