Kardigan, Inc. (KARD)

Kardigan Cash Flow Statement

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

Year Ending	TTM	Dec 31, 2025	Dec 31, 2024
Net Income	-229.99	-191.94	-88.66
Depreciation & Amortization	4.93	4.57	0.36
Share-Based Compensation	-	15.85	5.95
Other Operating Activities	38.64	20.46	63.52
Operating Cash Flow	-186.43	-151.06	-18.83
Capital Expenditures	-8.73	-6.64	-36.42
Acquisitions	-	-3.96	-
Change in Investments	-	-226.44	-
Investing Cash Flow	-213.52	-237.04	-36.42
Share Issuance / Repurchase	-	454.17	104.41
Debt Issued / Paid	-	-	0.6
Other Financing Activities	358.13	-6.36	-
Financing Cash Flow	358.13	447.81	105.01
Net Cash Flow	-41.82	59.71	49.77
Free Cash Flow	-195.16	-157.7	-55.24

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).