Cash Flow Statement

Currency: USD

	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023
Operating Cash Flow
Net Income	(112)	(75)	(59)	(90)	(102)	(116)	(166)	(181)	(201)	(240)	(172)	(163)	(137)
Depreciation & Amortization	5	4	5	5	5	6	6	7	8	19	12	14	13
Other Non-Cash Items	34	18	(14)	(10)	(15)	(21)	10	10	17	32	(20)	(16)	(25)
Cash Taxes Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Interest Paid	2	1	1	1	1	1	4	5	9	9	10	11	11
Change in Working Capital	30	(2)	(17)	(52)	(101)	(36)	(61)	(75)	7	18	70	117	72
Cash from Operating Activities	(42) N/A	(55) -30%	(86) -55%	(146) -71%	(212) -45%	(168) +21%	(211) -26%	(238) -13%	(168) +29%	(171) -1%	(110) +35%	(48) +56%	(77) -58%
Investing Cash Flow
Capital Expenditures	(9)	(5)	(5)	(6)	(9)	(11)	(14)	(15)	(17)	(16)	(15)	(14)	(10)
Other Items	0	0	0	0	0	0	0	0	(15)	(15)	81	82	99
Cash from Investing Activities	(9) N/A	(5) +43%	(5) +3%	(6) -25%	(9) -40%	(11) -33%	(14) -25%	(15) -9%	(32) -106%	(30) +4%	66 N/A	69 +4%	89 +29%
Financing Cash Flow
Net Issuance of Common Stock	6	2	(4)	(5)	(5)	(6)	(0)	0	0	0	(0)	(0)	(0)
Net Issuance of Debt	(2)	31	(15)	5	168	142	213	212	63	11	(39)	(59)	(80)
Other	0	0	301	0	273	273	(28)	(31)	(3)	(3)	(3)	(1)	(0)
Cash from Financing Activities	4 N/A	33 +774%	282 +746%	301 +7%	436 +45%	409 -6%	184 -55%	181 -1%	61 -67%	8 -87%	(42) N/A	(60) -41%	(80) -35%
Change in Cash
Net Change in Cash	(47) N/A	(27) +43%	191 N/A	149 -22%	215 +45%	229 +7%	(41) N/A	(72) -75%	(139) -94%	(193) -39%	(86) +55%	(39) +55%	(68) -74%
Free Cash Flow
Free Cash Flow	(51) N/A	(60) -18%	(91) -50%	(152) -68%	(221) -45%	(179) +19%	(225) -26%	(253) -13%	(185) +27%	(186) -1%	(125) +33%	(62) +51%	(87) -40%

Shift Technologies Inc
NASDAQ:SFT