Big Digital Energy, Inc. (BGDE) Cash Flow Statement
Where BGDE’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$6.9M −293.7% vs 2024
- Capital expenditures
- $148,950 0.4% of revenue
- Free cash flow
- −$7.0M −17.7% margin
- Returned to shareholders
- —
- Change in cash
- $7.2M cash at year-end $13.3M
Drawn to scale: where the cash came from and how it was used. Hover for values.
BGDE operating cash flow, capex and free cash flow
BGDE cash flow trends, 2022–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | $14.3M2022 | −$6.9M2025 | — | |
| Capital expenditures | $82.0M2022 | $148,9502025 | −87.8%/yr | |
| Free cash flow | −$67.8M2022 | −$7.0M2025 | — | |
| Free cash flow margin | −80.3%2022 | −17.7%2025 | +62.6 pts | |
| Stock-based compensation | $3.0M2022 | $9.0M2025 | +43.9%/yr | |
| Capex / revenue | 97.2%2022 | 0.4%2025 | −96.8 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BGDE cash flow by activity
BGDE net income vs operating cash flow
Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).
BGDE cash flow statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Operating activities | ||||
| Net income | −$23.7M | −$46.1M | −$60.4M | −$52.8M |
| Depreciation & amortization | $6.9M | $18.8M | $39.5M | $64.8M |
| Stock-based compensation | $9.0M | $14.1M | $10.8M | $3.0M |
| Change in working capital | −$4.0M | $1.1M | $7.4M | $15.9M |
| Other non-cash items | $4.9M | $15.7M | $135,141 | −$16.7M |
| Cash from operating activities | −$6.9M | $3.6M | −$2.5M | $14.3M |
| Investing activities | ||||
| Capital expenditures | −$148,950 | −$2.0M | −$5.4M | −$82.0M |
| Investments (net) | — | $0 | $6.9M | $165,316 |
| Financing activities | ||||
| Net borrowing (repayment) | −$444,426 | −$830,067 | −$10.5M | $8.1M |
| Shares issued | $14.6M | $0 | $6.2M | $6.7M |
| Other financing | $0 | $0 | −$380,950 | −$793,172 |
| Cash from financing activities | $14.2M | −$830,067 | −$4.6M | $14.0M |
| Summary | ||||
| Net change in cash | $7.2M | $1.6M | $3.5M | −$4.5M |
| Cash at end of period | $13.3M | $6.1M | $4.5M | $946,265 |
| Free cash flow | −$7.0M | $1.6M | −$7.9M | −$67.8M |
| Free cash flow margin | −17.7% | 2.7% | −18.1% | −80.3% |
| Capex / revenue | 0.4% | 3.3% | 12.3% | 97.2% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | −$7.4M | $609,803 | −$15.7M | $327,660 | −$8.0M | −$310,860 | −$4.5M |
| Depreciation & amortization | $1.5M | $1.5M | $1.6M | $1.7M | $1.8M | $1.8M | $459,455 |
| Stock-based compensation | $677,043 | $426,362 | $7.3M | −$1.4M | $978,260 | $2.1M | $2.8M |
| Change in working capital | $756,769 | −$10.8M | $2.1M | −$3.8M | −$466,353 | −$1.9M | $1.4M |
| Other non-cash items | $1.2M | −$8.9M | $1.2M | $2.3M | $3.7M | −$2.2M | $360,610 |
| Cash from operating activities | −$3.3M | −$17.1M | −$3.5M | −$844,509 | −$2.1M | −$510,385 | $456,169 |
| Investing activities | |||||||
| Capital expenditures | −$12,394 | −$41,531 | −$79,144 | −$15,173 | −$48,137 | −$6,496 | −$23,292 |
| Investments (net) | — | — | — | — | — | — | $0 |
| Financing activities | |||||||
| Net borrowing (repayment) | $2.4M | −$68,863 | −$134,544 | −$103,294 | −$103,293 | −$103,295 | −$103,294 |
| Shares issued | $14.8M | $6.4M | $0 | $0 | $0 | $0 | $0 |
| Other financing | $0 | $0 | $14.6M | $0 | $0 | $0 | $0 |
| Cash from financing activities | $17.2M | $6.3M | $14.5M | −$103,294 | −$103,293 | −$103,295 | −$103,294 |
| Summary | |||||||
| Net change in cash | $13.9M | −$10.8M | $11.0M | −$962,976 | −$2.2M | −$620,176 | $331,491 |
| Cash at end of period | $16.3M | $2.4M | $13.3M | $2.3M | $3.2M | $5.5M | $6.1M |
| Free cash flow | −$3.3M | −$17.2M | −$3.5M | −$859,682 | −$2.1M | −$516,881 | $432,877 |
| Free cash flow margin | −54.2% | −356.3% | −109.7% | −6.5% | −22.3% | −3.7% | 2.9% |
| Capex / revenue | 0.2% | 0.9% | 2.4% | 0.1% | 0.5% | 0.0% | 0.2% |
| Operating cash flow / net income | — | −28.09 | — | −2.58 | — | — | — |
Negative numbers are cash paid out. Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported; data from EODHD.
BGDE cash generation
In fiscal 2025 (ended December 31, 2025), Big Digital Energy generated -$6.9 million of cash from operations (down 293.7%) and spent $0.1 million on capital expenditures, leaving free cash flow of -$7.0 million, −17.7% of revenue. Cash and equivalents rose by $7.2 million over the year.
Related: BGDE income statement, BGDE balance sheet. See the BGDE stock overview for the latest quote and news.
BGDE cash flow FAQ
What is Big Digital Energy's free cash flow?
Big Digital Energy's free cash flow was -$7.0 million in fiscal 2025: -$6.9 million of operating cash flow minus $0.1 million of capital expenditures It was $1.6 million a year earlier..
How much cash does Big Digital Energy generate from operations?
Big Digital Energy generated -$6.9 million of cash from operating activities in fiscal 2025.
How much does Big Digital Energy spend on capital expenditures?
Big Digital Energy spent $0.1 million on capital expenditures in fiscal 2025, 0.4% of revenue, compared with $2.0 million the year before.