TON Strategy Company (TONX)
NASDAQ: TONX · Real-Time Price · USD
3.040
+0.040 (1.33%)
At close: Sep 11, 2026, 4:00 PM EDT
3.030
-0.010 (-0.33%)
After-hours: Sep 11, 2026, 7:30 PM EDT
TON Strategy Company Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -157.83 | -148.48 | -10.33 | -21.99 | -37.44 | -34.49 |
Depreciation & Amortization | 0.27 | 0.28 | 0.08 | 0.12 | 0.18 | 1.68 |
Other Amortization | 1.02 | 1.02 | 1.17 | 2.76 | 1.76 | 2.46 |
Loss (Gain) From Sale of Assets | - | - | - | - | 0.01 | -0.01 |
Asset Writedown & Restructuring Costs | 3.13 | 3.13 | - | - | - | - |
Loss (Gain) From Sale of Investments | 0.15 | 0.03 | 0.04 | - | - | - |
Stock-Based Compensation | 25.08 | 19.14 | 2.08 | 2.5 | 4.46 | 5.67 |
Provision & Write-off of Bad Debts | 0.62 | 0.62 | - | - | - | 0.3 |
Other Operating Activities | 92.82 | 106.87 | -0.09 | 7.91 | 18.55 | -1.71 |
Change in Accounts Receivable | -0.69 | -0.69 | -0.35 | - | - | -0.76 |
Change in Accounts Payable | 0.73 | -0.38 | -0.44 | -0.25 | 0.98 | 1.22 |
Change in Unearned Revenue | 0.02 | 0.02 | 0.13 | - | - | 0.71 |
Change in Other Net Operating Assets | -0.37 | -2.33 | -1.06 | 0.21 | -2.18 | -0.94 |
Operating Cash Flow | -29.17 | -20.77 | -8.77 | -10.6 | -19.41 | -25.86 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -0.09 | -0.09 | -0.34 | -0.03 | -0.02 | -0.03 |
Sale of Property, Plant & Equipment | 1.05 | - | - | - | - | 0.01 |
Cash Acquisitions | -4.22 | -4.22 | - | - | - | - |
Sale (Purchase) of Intangibles | -0.14 | -0.15 | -0.09 | -0.27 | -4.73 | -2.25 |
Investment in Securities | 5 | 4.91 | -4.96 | - | - | - |
Other Investing Activities | -290.58 | -295 | - | 4.75 | -0 | - |
Investing Cash Flow | -288.98 | -294.54 | -5.39 | 4.44 | -4.75 | -2.26 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | - | 12.78 |
Long-Term Debt Issued | - | - | - | 1 | 11.02 | - |
Total Debt Issued | - | - | - | 1 | 11.02 | 12.78 |
Short-Term Debt Repaid | - | - | - | - | - | -11.17 |
Long-Term Debt Repaid | - | -0.12 | -0.02 | -2.5 | -4.95 | - |
Total Debt Repaid | - | -0.12 | -0.02 | -2.5 | -4.95 | -11.17 |
Net Debt Issued (Repaid) | - | -0.12 | -0.02 | -1.5 | 6.07 | 1.61 |
Issuance of Common Stock | 368.63 | 368.63 | 18.6 | 9.22 | 24.43 | 25.65 |
Repurchase of Common Stock | -20.58 | -20.58 | - | - | - | - |
Other Financing Activities | -0.3 | -0.3 | -0.29 | -2.62 | -4.86 | -0.02 |
Financing Cash Flow | 341.9 | 346.48 | 18.29 | 8.08 | 25.65 | 27.25 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 23.74 | 31.17 | 4.14 | 1.92 | 1.49 | -0.88 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -29.26 | -20.86 | -9.11 | -10.63 | -19.43 | -25.89 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | -95.01% | -163.21% | -1017.54% | -16871.43% | -242825.00% | -245.99% |
Free Cash Flow Per Share | -0.55 | -0.83 | -15.37 | -312.66 | -1600.82 | - |
Levered Free Cash Flow | 5.93 | 0.95 | -9.32 | -8.03 | -13.16 | -17.52 |
Unlevered Free Cash Flow | 5.93 | 0.95 | -9.34 | -7.83 | -13.1 | -18.37 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | 0 | 0.01 | 0.4 | 0.36 | 0.14 |
Cash Income Tax Paid | 0 | 0 | 0 | 0 | 0 | 0 |
Change in Working Capital | -0.32 | -3.38 | -1.72 | -0.04 | -1.2 | 0.23 |