Ultralife Corp
NASDAQ:ULBI
Cash Flow Statement
Cash Flow Statement
Ultralife Corp
Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Apr-2017 | Jul-2017 | Oct-2017 | Dec-2017 | Apr-2018 | Jul-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | 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 | Sep-2023 | Dec-2023 | Mar-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(3)
|
(2)
|
(3)
|
(2)
|
(0)
|
2
|
3
|
3
|
3
|
2
|
2
|
3
|
5
|
6
|
6
|
8
|
8
|
9
|
9
|
25
|
23
|
24
|
23
|
5
|
6
|
5
|
5
|
5
|
5
|
4
|
3
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
3
|
4
|
7
|
10
|
|
Depreciation & Amortization |
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
|
Change in Deffered Taxes |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
(2)
|
(2)
|
(2)
|
(19)
|
(19)
|
(18)
|
(18)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
1
|
1
|
2
|
|
Stock-Based Compensation |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Other Non-Cash Items |
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
0
|
2
|
(0)
|
(0)
|
1
|
(1)
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
2
|
0
|
|
Change in Working Capital |
8
|
3
|
4
|
1
|
(0)
|
1
|
3
|
2
|
(4)
|
(3)
|
(1)
|
1
|
5
|
4
|
(1)
|
(2)
|
(6)
|
(5)
|
1
|
1
|
3
|
(4)
|
(10)
|
(14)
|
(15)
|
(2)
|
12
|
12
|
15
|
11
|
2
|
0
|
(4)
|
(9)
|
(11)
|
(5)
|
(3)
|
(5)
|
(8)
|
(11)
|
(14)
|
|
Cash from Operating Activities |
10
N/A
|
6
-43%
|
6
+3%
|
4
-39%
|
4
+13%
|
7
+80%
|
11
+43%
|
9
-19%
|
3
-71%
|
3
+20%
|
5
+56%
|
8
+63%
|
13
+73%
|
12
-6%
|
8
-38%
|
7
-6%
|
4
-50%
|
5
+40%
|
11
+120%
|
11
-2%
|
11
+3%
|
5
-57%
|
(1)
N/A
|
(3)
-99%
|
(3)
+6%
|
10
N/A
|
23
+130%
|
22
-7%
|
26
+20%
|
20
-24%
|
9
-56%
|
4
-50%
|
(3)
N/A
|
(6)
-116%
|
(8)
-32%
|
(1)
+84%
|
1
N/A
|
3
+329%
|
2
-18%
|
2
-7%
|
3
+67%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(7)
|
(7)
|
(7)
|
(6)
|
(4)
|
(4)
|
(3)
|
(3)
|
(3)
|
(3)
|
(4)
|
(3)
|
(3)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
|
Other Items |
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
(10)
|
(10)
|
(10)
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(25)
|
(25)
|
(25)
|
(25)
|
0
|
0
|
0
|
0
|
0
|
0
|
(24)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Investing Activities |
0
N/A
|
(0)
N/A
|
(1)
-196%
|
(1)
-104%
|
(2)
-29%
|
(2)
-3%
|
(2)
+8%
|
(3)
-69%
|
(12)
-326%
|
(13)
-3%
|
(12)
+3%
|
(11)
+11%
|
(2)
+84%
|
(1)
+32%
|
(1)
-8%
|
(1)
-10%
|
(1)
+29%
|
(2)
-58%
|
(2)
-55%
|
(4)
-74%
|
(7)
-58%
|
(32)
-388%
|
(32)
0%
|
(32)
+2%
|
(29)
+7%
|
(4)
+87%
|
(3)
+17%
|
(3)
+7%
|
(3)
-1%
|
(3)
+7%
|
(4)
-26%
|
(26)
-648%
|
(26)
+0%
|
(26)
+2%
|
(25)
+1%
|
(2)
+93%
|
(2)
-8%
|
(2)
-16%
|
(2)
+13%
|
(3)
-39%
|
(2)
+5%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(7)
|
(9)
|
(9)
|
(9)
|
(4)
|
(0)
|
(0)
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
1
|
(2)
|
(2)
|
(2)
|
(1)
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
2
|
|
Net Issuance of Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
16
|
18
|
17
|
17
|
(5)
|
(14)
|
(16)
|
(16)
|
(10)
|
(4)
|
20
|
21
|
21
|
23
|
1
|
1
|
3
|
3
|
4
|
2
|
|
Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
|
Cash from Financing Activities |
(0)
N/A
|
(0)
+25%
|
(1)
-1 833%
|
(1)
-29%
|
(1)
-32%
|
(7)
-560%
|
(9)
-43%
|
(9)
+5%
|
(7)
+16%
|
(3)
+63%
|
(0)
+96%
|
(0)
-64%
|
(1)
-239%
|
1
N/A
|
1
+169%
|
1
+2%
|
2
+14%
|
2
+31%
|
2
-3%
|
1
-42%
|
(1)
N/A
|
14
N/A
|
16
+15%
|
16
+1%
|
17
+8%
|
(5)
N/A
|
(14)
-199%
|
(16)
-15%
|
(16)
-1%
|
(10)
+37%
|
(3)
+66%
|
20
N/A
|
21
+8%
|
21
-1%
|
23
+8%
|
1
-98%
|
1
+112%
|
3
+181%
|
4
+36%
|
5
+30%
|
4
-29%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Change in Cash |
10
N/A
|
6
-46%
|
5
-14%
|
2
-66%
|
1
-16%
|
(1)
N/A
|
(1)
+40%
|
(3)
-493%
|
(17)
-423%
|
(13)
+27%
|
(8)
+37%
|
(4)
+52%
|
11
N/A
|
12
+9%
|
8
-33%
|
8
-4%
|
5
-39%
|
6
+23%
|
11
+87%
|
8
-29%
|
3
-62%
|
(14)
N/A
|
(18)
-32%
|
(19)
-1%
|
(15)
+18%
|
2
N/A
|
7
+326%
|
3
-51%
|
8
+133%
|
7
-1%
|
2
-72%
|
(2)
N/A
|
(8)
-241%
|
(11)
-41%
|
(11)
-1%
|
(3)
+75%
|
(0)
+83%
|
3
N/A
|
4
+34%
|
5
+7%
|
5
-1%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
10
N/A
|
5
-46%
|
5
-2%
|
2
-60%
|
2
+15%
|
5
+128%
|
9
+62%
|
6
-34%
|
0
N/A
|
0
N/A
|
2
+2 525%
|
6
+206%
|
12
+79%
|
11
-2%
|
7
-42%
|
6
-10%
|
3
-55%
|
4
+33%
|
9
+149%
|
7
-23%
|
5
-30%
|
(2)
N/A
|
(9)
-295%
|
(9)
-8%
|
(7)
+24%
|
6
N/A
|
20
+226%
|
19
-7%
|
23
+23%
|
17
-26%
|
5
-70%
|
2
-71%
|
(5)
N/A
|
(8)
-50%
|
(10)
-20%
|
(3)
+70%
|
(1)
+59%
|
0
N/A
|
0
-44%
|
(1)
N/A
|
1
N/A
|