First Breach Inc. (FBDT) Cash Flow Statement

NASDAQ: FBDTOperating cash, capex, free cash flow and buybacks.

Where FBDT’s cash came from and went, 2025

December 31, 2025 · U.S. dollars
Cash from operations
−$3.5M
Capital expenditures
$88,369
23.0% of revenue
Free cash flow
−$3.6M
−929.8% margin
Returned to shareholders
—
Change in cash
$2.0M
cash at year-end $2.5M
Borrowing: $1.4MBorrowing$1.4MShares issued: $4.1MShares issued$4.1MCurrency & other: $78,000Currency & other$78,000Cash used in operations: $3.5MCash used in operations$3.5M · 62%Added to cash: $2.0MAdded to cash$2.0M · 36%Capital expenditures: $88,369Capital expenditures$88,369 · 2%$5.6M
Cash from operations
−$3.5M
Capital expenditures
−$88,369
Net borrowing (repayment)
+$1.4M
Shares issued
+$4.1M
Currency & other
+$78,000
Change in cash
$2.0M

Drawn to scale: where the cash came from and how it was used. Hover for values.

FBDT operating cash flow, capex and free cash flow

Operating cash flowCapital expendituresFree cash flowFCF margin (right axis)

FBDT cash flow trends, 2024–2025

MetricTrendThenLatestChange
Operating cash flow−$1.6M2024−$3.5M2025—
Capital expenditures$190,3902024$88,3692025−53.6%/yr
Free cash flow−$1.8M2024−$3.6M2025—
Free cash flow margin−230.1%2024−929.8%2025−699.7 pts
Stock-based compensation$60,0002024$4.6M2025+7,536.0%/yr
Capex / revenue24.6%202423.0%2025−1.6 pts

Change is the average annual growth (CAGR) or the difference between the first and latest year.

FBDT cash flow by activity

OperatingInvestingFinancingChange in cash

FBDT net income vs operating cash flow

Net incomeOperating cash flow

Operating cash flow above net income usually means earnings are backed by cash (depreciation and stock-based pay are non-cash expenses).

FBDT cash flow statement

20252024
Operating activities
Net income−$13.8M−$6.1M
Depreciation & amortization$1.3M$1.3M
Stock-based compensation$4.6M$60,000
Change in working capital$1.0M$2.9M
Other non-cash items$3.4M$176,967
Cash from operating activities−$3.5M−$1.6M
Investing activities
Capital expenditures−$88,369−$190,390
Financing activities
Net borrowing (repayment)$1.4M$1.4M
Shares issued$4.1M$791,000
Other financing$0−$56,000
Cash from financing activities$5.5M$2.2M
Summary
Net change in cash$2.0M$385,612
Cash at end of period$2.5M$434,613
Free cash flow−$3.6M−$1.8M
Free cash flow margin−929.8%−230.1%
Capex / revenue23.0%24.6%

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.

FBDT cash generation

In fiscal 2025 (ended December 31, 2025), First Breach generated -$3.5 million of cash from operations and spent $0.1 million on capital expenditures, leaving free cash flow of -$3.6 million, −929.8% of revenue. Cash and equivalents rose by $2.0 million over the year.

Related: FBDT income statement, FBDT balance sheet. See the FBDT stock overview for the latest quote and news.

FBDT cash flow FAQ

What is First Breach's free cash flow?

First Breach's free cash flow was -$3.6 million in fiscal 2025: -$3.5 million of operating cash flow minus $0.1 million of capital expenditures It was -$1.8 million a year earlier..

How much cash does First Breach generate from operations?

First Breach generated -$3.5 million of cash from operating activities in fiscal 2025.

How much does First Breach spend on capital expenditures?

First Breach spent $0.1 million on capital expenditures in fiscal 2025, 23.0% of revenue, compared with $0.2 million the year before.

Aerospace & Defense: cash flow