ParaZero Technologies Ltd. (PRZO) Cash Flow Statement
Where PRZO’s cash came from and went, 2025
December 31, 2025 · U.S. dollars- Cash from operations
- −$1.7M
- Capital expenditures
- $8,059 2.7% of revenue
- Free cash flow
- −$1.7M −557.2% margin
- Returned to shareholders
- —
- Change in cash
- −$469,374 cash at year-end $677,516
Drawn to scale: where the cash came from and how it was used. Hover for values.
PRZO operating cash flow, capex and free cash flow
PRZO cash flow trends, 2020–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Operating cash flow | −$829,3522020 | −$1.7M2025 | — | |
| Capital expenditures | $6952020 | $8,0592025 | +63.3%/yr | |
| Free cash flow | −$830,0472020 | −$1.7M2025 | — | |
| Free cash flow margin | −108.9%2020 | −557.2%2025 | −448.3 pts | |
| Stock-based compensation | $02021 | $1.2M2025 | — | |
| Capex / revenue | 0.1%2020 | 2.7%2025 | +2.6 pts |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
PRZO cash flow by activity
PRZO 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).
PRZO cash flow statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Operating activities | ||||||
| Net income | −$1.6M | −$11.1M | −$3.8M | −$1.7M | −$615,381 | −$1.9M |
| Depreciation & amortization | $8,458 | $22,814 | $4,633 | $18,495 | $17,627 | $16,923 |
| Stock-based compensation | $1.2M | $75,357 | $14,815 | $52,286 | $0 | — |
| Change in working capital | $13,651 | $62,420 | −$374,844 | −$170,326 | $14,221 | $73,288 |
| Other non-cash items | −$1.4M | $6.0M | $1.2M | −$219,052 | −$402,365 | $1.0M |
| Cash from operating activities | −$1.7M | −$4.9M | −$2.9M | −$2.0M | −$985,898 | −$829,352 |
| Investing activities | ||||||
| Capital expenditures | −$8,059 | −$80,738 | −$25,757 | −$9,725 | −$5,572 | −$695 |
| Investments (net) | −$2.0M | −$148,739 | −$25,757 | −$9,725 | −$5,572 | −$695 |
| Acquisitions & other investing | $1.4M | $80,738 | $25,757 | $9,725 | $5,572 | $695 |
| Cash from investing activities | −$591,588 | −$148,739 | −$25,757 | −$9,725 | −$5,572 | −$695 |
| Financing activities | ||||||
| Net borrowing (repayment) | $0 | $0 | −$500,000 | $607,994 | $910,556 | $868,739 |
| Shares issued | $4.6M | $0 | $10.8M | $0 | $0 | $0 |
| Other financing | −$2.9M | $1.8M | $0 | $1.4M | $0 | $0 |
| Cash from financing activities | $1.7M | $1.8M | $10.3M | $2.0M | $910,556 | $868,739 |
| Summary | ||||||
| Net change in cash | −$469,374 | −$3.2M | $7.3M | $56,782 | −$80,914 | $39,826 |
| Cash at end of period | $677,516 | $4.2M | $7.4M | $89,806 | $33,024 | $113,938 |
| Free cash flow | −$1.7M | −$5.0M | −$3.0M | −$2.0M | −$991,470 | −$830,047 |
| Free cash flow margin | −557.2% | −533.2% | −477.7% | −353.7% | −136.9% | −108.9% |
| Capex / revenue | 2.7% | 8.7% | 4.2% | 1.7% | 0.8% | 0.1% |
| Jun '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | Mar '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||
| Net income | −$1.4M | −$942,145 | −$1.6M | −$1.1M | −$1.1M | −$2.4M | −$4.5M | −$548,232 | −$1.0M | −$882,552 | −$120,601 | −$216,662 |
| Depreciation & amortization | $4,901 | $4,659 | $7,706 | $6,881 | $6,881 | $3,335 | $6,183 | $2,827 | $5,224 | $1,814 | $2,846 | $5,113 |
| Stock-based compensation | — | — | $360,723 | $255,909 | $255,909 | — | $24,462 | — | $13,217 | −$16,588 | — | — |
| Change in working capital | −$5,771 | $58,923 | $136,793 | −$79,371 | −$79,371 | $44,947 | $86,815 | $17,374 | −$35,067 | −$108,122 | $9,017 | — |
| Other non-cash items | $457,375 | −$22,405 | −$314,268 | $110,748 | −$570,317 | $1.6M | $3.0M | −$14,082 | $27,932 | $297,940 | $39,386 | $86,957 |
| Cash from operating activities | −$971,869 | −$900,968 | −$1.4M | −$853,811 | −$1.5M | −$776,613 | −$1.4M | −$542,113 | −$1.0M | −$707,508 | −$69,352 | −$124,592 |
| Investing activities | ||||||||||||
| Capital expenditures | −$1,851 | −$2,612 | −$3,493 | −$10,409 | −$10,409 | −$4,356 | −$8,186 | −$17,416 | −$32,183 | −$6,621 | −$188 | −$339 |
| Acquisitions & other investing | −$1.2M | $89,145 | $247,822 | −$693,050 | −$1.3M | $218 | $301 | −$18,563 | −$34,302 | $0 | $0 | $0 |
| Cash from investing activities | −$1.2M | $86,533 | $244,329 | −$703,459 | −$1.3M | −$4,138 | −$7,885 | −$35,979 | −$66,485 | −$6,621 | −$188 | −$339 |
| Financing activities | ||||||||||||
| Net borrowing (repayment) | — | — | — | — | — | — | — | — | — | — | $122,500 | $122,500 |
| Shares issued | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other financing | $2.2M | $702,922 | $1.0M | $1.1M | $1.9M | $490,892 | $910,000 | — | — | $2.7M | −$54,313 | $0 |
| Cash from financing activities | $2.2M | $702,922 | $1.0M | $1.1M | $1.9M | $490,892 | $910,000 | — | — | $2.7M | $68,187 | $122,500 |
| Summary | ||||||||||||
| Net change in cash | $77,619 | −$24,958 | — | −$444,416 | — | −$257,098 | −$5.3M | −$658,942 | — | $2.0M | −$138,427 | −$2,431 |
| Cash at end of period | $755,135 | $677,516 | $702,474 | $702,474 | $1.1M | $1.1M | $1.4M | $1.4M | $2.1M | $2.1M | $22,890 | $161,317 |
| Free cash flow | −$973,720 | −$903,580 | −$1.4M | −$1.5M | −$1.5M | −$780,970 | −$1.5M | −$559,529 | −$1.0M | −$714,129 | −$69,540 | −$124,931 |
| Free cash flow margin | −279.6% | −434.0% | — | −863.3% | −863.3% | −445.8% | −446.8% | −395.9% | −731.5% | −979.7% | −72.5% | — |
| Capex / revenue | 0.5% | 1.3% | — | 5.8% | 5.8% | 2.5% | 2.5% | 12.3% | 22.8% | 9.1% | 0.2% | — |
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.
PRZO cash generation
In fiscal 2025 (ended December 31, 2025), ParaZero Technologies generated -$1.7 million of cash from operations and spent $0.0 million on capital expenditures, leaving free cash flow of -$1.7 million, −557.2% of revenue. Cash and equivalents fell by $0.5 million over the year.
Related: PRZO income statement, PRZO balance sheet. See the PRZO stock overview for the latest quote and news.
PRZO cash flow FAQ
What is ParaZero Technologies's free cash flow?
ParaZero Technologies's free cash flow was -$1.7 million in fiscal 2025: -$1.7 million of operating cash flow minus $0.0 million of capital expenditures It was -$5.0 million a year earlier..
How much cash does ParaZero Technologies generate from operations?
ParaZero Technologies generated -$1.7 million of cash from operating activities in fiscal 2025.
How much does ParaZero Technologies spend on capital expenditures?
ParaZero Technologies spent $0.0 million on capital expenditures in fiscal 2025, 2.7% of revenue, compared with $0.1 million the year before.