Karbon-X reported cash from operations of -$3.15M and free cash flow of -$3.21M for the quarter ended May 2026, down 57.2% year over year. This cash flow statement covers 33 quarters of results from May 2018 through May 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow StatementCash Flow | May2018 | Aug2018 | Nov2018 | Feb2019 | May2019 | Aug2019 | Nov2019 | Feb2020 | May2020 | Aug2020 | Nov2020 | Feb2021 | May2021 | Aug2021 | Nov2021 | Feb2022 | May2022 | Aug2022 | Nov2022 | Feb2023 | May2023 | Aug2023 | Nov2023 | Feb2024 | May2024 | Aug2024 | Nov2024 | Feb2025 | May2025 | Aug2025 | Nov2025 | Feb2026 | May2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||
| Net Income | -0.01M | -0.02M | 0.00M | -0.20M | -0.20M | -0.14M | -0.37M | -1.34M | 0.35M | -1.34M | -0.47M | -0.58M | -0.80M | 2.77M | -1.16M | -3.40M | -2.60M | 6.64M | -5.17M | -4.37M | |||||||||||||
| Depreciation, Depletion & Amortization | |||||||||||||||||||||||||||||||||
| Depreciation and Depletion | 229.00 | 299.00 | 296.00 | 395.00 | 556.00 | 546.00 | 542.00 | 768.00 | 733.00 | 947.00 | |||||||||||||||||||||||
| Amortization of Deferred Charges | 0.10M | 0.19M | 0.31M | 0.40M | |||||||||||||||||||||||||||||
| Depreciation & Amortization (CF)Depreciation & Amortization | 229.00 | 299.00 | 296.00 | 395.00 | 556.00 | 543.00 | 542.00 | 700.00 | 676.00 | 0.00M | 0.04M | 0.04M | 0.05M | 0.07M | |||||||||||||||||||
| Share-based Compensation | 0.29M | 0.09M | 0.19M | 0.19M | 0.26M | 0.60M | 0.21M | ||||||||||||||||||||||||||
| Gains from Investment Securities | -245.00 | 0.01M | -0.02M | -0.03M | -1.06M | -0.10M | -4.09M | 0.10M | 0.04M | 0.25M | 0.46M | ||||||||||||||||||||||
| Asset Writedowns and Impairment | 1.06M | ||||||||||||||||||||||||||||||||
| Other non-cash items | 0.00M | 0.00M | 0.00M | 0.01M | -0.26M | 0.32M | -0.03M | -0.28M | 0.02M | 0.02M | 0.02M | 0.01M | 0.09M | ||||||||||||||||||||
| Change in Securities | -3.39M | ||||||||||||||||||||||||||||||||
| Change in Working Capital | |||||||||||||||||||||||||||||||||
| Change in Receivables | -0.01M | -0.01M | 0.02M | 0.01M | 0.01M | -0.03M | 0.02M | 0.03M | 0.09M | -0.06M | -0.06M | 0.00M | 0.00M | 0.01M | 5.22M | -0.48M | -4.12M | ||||||||||||||||
| Change in Inventory | -0.09M | 0.17M | -738.00 | -721.00 | 0.06M | 0.04M | 0.04M | 0.09M | 0.05M | -0.29M | 0.02M | 0.01M | 0.14M | 0.65M | 0.11M | -0.35M | |||||||||||||||||
| Change in Account Payables | 0.00M | 0.00M | 0.00M | 0.03M | -0.03M | 0.07M | -0.02M | 0.01M | -0.04M | -657.00 | 0.10M | -0.03M | -0.02M | -0.64M | 0.58M | 0.40M | -0.13M | 5.95M | 3.97M | -8.62M | |||||||||||||
| Change in Accrued Expenses | 95.00 | 0.00M | 0.00M | 0.01M | 0.01M | -0.01M | 0.00M | ||||||||||||||||||||||||||
| Change in Other Operating AssetsOther Assets Change | 0.02M | -0.02M | 0.00M | -0.14M | 0.14M | 0.00M | 0.06M | 0.00M | 0.07M | -0.05M | -0.11M | 0.01M | -0.08M | 1.35M | -0.23M | -0.69M | 0.11M | 1.35M | -0.45M | ||||||||||||||
| Change in Other Operating LiabilitiesOther Liabilities Change | 0.00M | -735.00 | 43.00 | 0.01M | -0.01M | 0.20M | -0.20M | 0.04M | 0.25M | -0.96M | 3.51M | 1.15M | 0.31M | -0.75M | 0.10M | 0.38M | 3.28M | ||||||||||||||||
| Other Operating ActivitiesOther Operating | 0.01M | 0.04M | -0.01M | -0.03M | -0.20M | 0.20M | -0.08M | 0.77M | -0.70M | -0.86M | -0.21M | 0.63M | 0.00M | -8.24M | -0.14M | -7.23M | -0.01M | -8.02M | -0.10M | 1.34M | |||||||||||||
| Cash from Operations | -33.00 | -185.00 | 361.00 | -0.18M | -0.18M | -0.20M | -0.48M | -0.61M | -0.18M | -0.39M | -0.46M | -0.06M | -1.46M | -1.90M | -1.13M | -2.00M | -2.68M | -0.84M | -1.20M | -3.15M | |||||||||||||
| Investing Activities | |||||||||||||||||||||||||||||||||
| Capital Expenditures | 0.00M | 0.00M | 0.18M | 0.10M | -0.28M | 0.70M | 0.03M | -0.73M | 0.00M | 0.61M | 0.00M | 0.06M | |||||||||||||||||||||
| Investment Securities | |||||||||||||||||||||||||||||||||
| Purchase of Investments - Total | 0.40M | 0.60M | 0.10M | 0.03M | 0.07M | ||||||||||||||||||||||||||||
| Change in Acquisitions & Divestments | -0.58M | 0.37M | 0.16M | 0.04M | 0.04M | ||||||||||||||||||||||||||||
| Change in Intangibles | 0.18M | 0.10M | 0.07M | ||||||||||||||||||||||||||||||
| Other Investing ActivitiesOther Investing | 0.10M | -0.28M | 0.70M | 0.03M | -0.73M | 0.58M | -0.37M | -0.16M | -0.04M | -1.75M | -0.06M | ||||||||||||||||||||||
| Cash from Investing Activities | -0.18M | 0.00M | -0.18M | -0.10M | -0.47M | -0.60M | -0.10M | -0.03M | -0.07M | 0.00M | -0.61M | -1.71M | -0.12M | ||||||||||||||||||||
| Financing Activities | |||||||||||||||||||||||||||||||||
| Debt Issuance and Repayment | |||||||||||||||||||||||||||||||||
| Long-Term Debt Issuances | 0.86M | 0.18M | 0.60M | -0.78M | 1.01M | 0.29M | 1.55M | 3.58M | 5.76M | 0.93M | -0.11M | ||||||||||||||||||||||
| Long-Term Debt Repayments | 1.02M | ||||||||||||||||||||||||||||||||
| Net Long-Term Debt Issued (Repaid)Net LT Debt | 0.86M | 0.18M | 0.60M | -0.78M | 1.01M | 0.29M | 1.55M | 3.58M | 5.76M | 0.93M | -1.12M | ||||||||||||||||||||||
| Short-Term Debt issuances | 396.00 | -0.12M | 0.05M | -0.05M | 0.59M | ||||||||||||||||||||||||||||
| Short-Term Debt repayments | 0.04M | ||||||||||||||||||||||||||||||||
| Net Short-Term Debt Issued (Repaid)Net ST Debt | 396.00 | -0.12M | -0.04M | 0.05M | -0.05M | 0.59M | |||||||||||||||||||||||||||
| Net Debt Issuances and Repayments | 0.86M | 0.18M | 0.60M | -0.78M | -0.12M | -0.04M | 1.01M | 0.29M | 1.55M | 3.63M | 5.76M | 0.88M | -0.53M | ||||||||||||||||||||
| Change in Capital Stock | |||||||||||||||||||||||||||||||||
| Common Stock IssuedStock Issued | 0.96M | 0.18M | 0.50M | 1.18M | 1.56M | 0.10M | 0.15M | 2.52M | 1.09M | 0.14M | 0.38M | 0.09M | 0.12M | 0.13M | |||||||||||||||||||
| Net Shares Issued and Repurchased | 0.96M | 0.18M | 0.50M | 1.18M | 1.56M | 0.10M | 0.15M | 2.52M | 1.09M | 0.14M | 0.38M | 0.09M | 0.12M | 0.13M | |||||||||||||||||||
| Net Equity Issued and Repurchased | 0.96M | 0.18M | 0.50M | 1.18M | 1.56M | 0.10M | 0.15M | 2.52M | 1.09M | 0.14M | 0.38M | 0.09M | 0.12M | 0.13M | |||||||||||||||||||
| Other Financing ActivitiesOther Financing | -0.96M | -0.18M | -0.50M | 0.78M | 0.15M | 0.04M | 0.16M | 0.13M | -0.41M | 0.65M | |||||||||||||||||||||||
| Cash from Financing Activities | 0.86M | 0.18M | 0.60M | 1.18M | 1.56M | 0.10M | 0.15M | 2.55M | 1.06M | 1.18M | 0.68M | 1.64M | 3.79M | 6.00M | 0.47M | 0.24M | |||||||||||||||||
| Misc. | |||||||||||||||||||||||||||||||||
| Exchange Rate Effect | -0.01M | -0.01M | -0.02M | 0.03M | -0.01M | -0.01M | -0.01M | -0.01M | 0.04M | 0.03M | -0.12M | -0.07M | 0.13M | 0.15M | 0.00M | -0.03M | 0.12M | ||||||||||||||||
| Change in Cash | -33.00 | -185.00 | 359.00 | 0.48M | -0.29M | -0.13M | 0.04M | 0.10M | 0.77M | -0.39M | -0.34M | 2.43M | -0.38M | -0.84M | -0.53M | -0.23M | 0.65M | 5.16M | -2.46M | -2.90M | |||||||||||||
| Ending Cash Balance | 141.00 | 0.48M | 0.19M | 0.06M | 0.10M | 0.21M | 0.97M | 0.57M | 0.21M | 2.68M | 2.30M | 1.46M | |||||||||||||||||||||
| Net Cash Flow | -33.00 | -185.00 | 361.00 | 0.49M | -0.01M | -0.38M | 0.01M | 0.10M | 0.77M | -0.39M | -0.34M | 2.42M | -0.40M | -0.72M | -0.46M | -0.36M | 0.51M | 5.16M | -2.44M | -3.02M | |||||||||||||
| Free Cash Flow | -33.00 | -185.00 | 361.00 | -0.19M | -0.19M | -0.38M | -0.59M | -0.34M | -0.18M | -1.10M | -0.49M | 0.67M | -1.46M | -1.90M | -1.13M | -2.01M | -3.28M | -0.84M | -1.20M | -3.21M | |||||||||||||
| Supplemental | |||||||||||||||||||||||||||||||||
| Interest Paid | 0.05M | 0.45M | 0.00M |
Pull Karbon-X's standardized financial statements into your own models, spreadsheets and apps with the Business Quant Financial Statements API. The request below follows the statement, frequency and period selected above. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/statements?ticker=KARX&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "KARX", "statement": "CF", "frequency": "Quarter", "period": "all", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/statements?ticker=KARX&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();