$WKHS Cashflow Statement | Understand Stock

$WKHS

$2.50 -$0.04 (1.57%) Live

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated Statements of Cash Flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash flows from operating activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
Amortization of discount and debt issuance costs on convertible notes and long-term debt
Amortization of discount and loss on redemption of mandatorily redeemable Series B preferred stock
Change in fair value of convertible notes and loss on conversion to common stock
Change in fair value of warrant liability
Change in fair value of investment in LMC
Change in fair value of convertible notes and warranty liability, and loss on conversion to common stock
Deferred revenue
Dividends for mandatorily redeemable Series B preferred stock paid in common stock
Gain on sale of property, plant & equipment
Interest on convertible notes paid in common stock
Amortization of debt issuance cost
Excess and obsolete inventory
Impairment loss on discontinued product line investment
Loss on disposal of assets
Warranty provision
Stock-based compensation
Change in inventory and prepaid purchases reserve
Allowance for credit losses
Non-cash lease expense
Change in fair value and gain on conversion of 2026 Notes and Warrants
Non-cash interest expense for convertible debt
Non-cash fair value loss of 2024 Warrants
Non-cash payment of 2023 and 2024 Notes
Original Issuance Discount - non-cash fees on 2024 Notes
Other non-cash items
Impairment of investment in Tropos
Reserve of inventory and prepaid purchases
Impairment of property, plant and equipment
Forgiveness of PPP Term Note
Deferred tax (benefit) expense
Gain on divestiture
Investment received from license of intellectual property
Non-cash mark-to-market change of share rights
Effects of changes in operating assets and liabilities:
Accounts receivable
Inventory, net
Prepaid expenses and other current assets
Other assets
Accounts payable and accrued liabilities
Warranty liability
Other long-term liabilities
Accounts payable
Accrued liabilities and other long-term liabilities
Operating lease liability

Net cash used in operating activities
Cash flows from investing activities:
Capital expenditures
Net proceeds received on divestiture
Investment in Tropos
Proceeds from sale of property, plant & equipment
Proceeds from sale of Investment in LMC
Merger transaction
Net cash provided by (used in) investing activities

Cash flows from financing activities:
Proceeds from notes payable and debt
Payments on notes payable and long-term debt
Redemptions of mandatorily redeemable Series B preferred stock
Proceeds on convertible notes
Payments on convertible notes
Proceeds from issuance of common stock
Payments on finance lease
Exercise of options and restricted share award activity
Proceeds from short-term senior secured promissory notes - related party
Proceeds from cash flow credit agreement
Payments for capital lease obligation
Proceeds from exercise of stock options
Proceeds from preferred stock issuance
Net cash provided by financing activities

Change in cash and cash equivalents
Cash and cash equivalents, beginning of the year
Cash and cash equivalents, end of the year
Investment in Tropos in exchange for non-cash deferred revenue
Fee paid to service partners in common stock
Supplemental disclosure of cash flow information:
Cash and cash equivalents
Restricted cash held in escrow
Exercise of warrants
Non-cash 2023 securities litigation settlement
Capital expenditures in Accounts Payable
Trucks transferred from inventory to fixed assets
Cash paid for interest
Cash paid for taxes
ROU assets obtained for lease liabilities
Conversion of convertible debt and accrued interest to preferred stock
Net assets acquired, net of cash
Debt forgiven in Merger

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