Cash Flow Statement

Currency: USD

	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023
Operating Cash Flow
Net Income	(13)	(14)	(304)	(314)	(363)	(1 955)	(1 990)	(1 991)	(2 014)	(474)	(226)
Depreciation & Amortization	0	0	15	21	27	33	25	23	20	18	14
Change in Deffered Taxes	0	0	12	9	3	3	(12)	(8)	(3)	(3)	0
Stock-Based Compensation	0	0	49	62	69	78	32	27	24	19	17
Other Non-Cash Items	9	7	167	147	167	1 726	1 856	1 854	1 861	332	109
Cash Taxes Paid	0	0	0	0	0	0	0	0	0	0	0
Cash Interest Paid	0	0	0	0	0	0	0	0	0	0	0
Change in Working Capital	4	6	(24)	(30)	(29)	(35)	3	(8)	0	49	42
Cash from Operating Activities	(1) N/A	(1) +21%	(134) -25 727%	(167) -25%	(194) -16%	(228) -17%	(118) +48%	(132) -12%	(136) -3%	(78) +43%	(61) +22%
Investing Cash Flow
Capital Expenditures	0	0	(16)	(19)	(30)	(38)	(31)	(31)	(22)	(16)	(9)
Other Items	0	(7)	33	0	(157)	(81)	(141)	(68)	129	46	75
Cash from Investing Activities	0 N/A	(7) N/A	17 N/A	14 -18%	(187) N/A	(120) +36%	(172) -44%	(99) +42%	107 N/A	30 -72%	66 +118%
Financing Cash Flow
Net Issuance of Common Stock	0	0	(92)	0	0	0	(3)	0	(5)	(5)	(3)
Net Issuance of Debt	0	0	(1)	(1)	(1)	(1)	0	0	0	0	0
Other	0	0	349	349	349	349	0	0	0	0	0
Cash from Financing Activities	0 N/A	7 N/A	257 +3 385%	257 N/A	257 N/A	257 N/A	(3) N/A	(3) N/A	(5) -97%	(5) N/A	(3) +48%
Change in Cash
Effect of Foreign Exchange Rates	0	0	(0)	0	(0)	(1)	(1)	(1)	(0)	0	0
Net Change in Cash	1 N/A	(1) N/A	139 N/A	103 -26%	(125) N/A	(92) +27%	(293) -220%	(234) +20%	(34) +86%	(52) -54%	3 N/A
Free Cash Flow
Free Cash Flow	(1) N/A	(1) +21%	(150) -28 744%	(186) -24%	(225) -21%	(266) -18%	(148) +44%	(163) -10%	(157) +3%	(94) +41%	(70) +25%

Bakkt Holdings Inc
NYSE:BKKT