Ludwig Enterprises reported cash from operations of -$0.15M and free cash flow of -$0.15M for the quarter ended Mar 2026, down 70.5% year over year. This cash flow statement covers 15 quarters of results from Sep 2022 through Mar 2026, standardized by Business Quant from the company’s SEC filings.
| Cash Flow StatementCash Flow | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Net Income | -0.20M | -0.43M | -0.98M | -0.58M | -0.45M | -0.45M | -1.61M | -0.36M | -0.89M | -0.16M | -0.54M | -0.65M | 0.03M | -1.08M | 0.22M |
| Depreciation, Depletion & Amortization | |||||||||||||||
| Amortization of Deferred ChargesAmort. Deferred Charges | -0.72M | 0.15M | 0.22M | 0.06M | 0.08M | 0.01M | 0.01M | 0.12M | 0.20M | 0.48M | 0.15M | ||||
| Share-based CompensationStock Comp. | 0.04M | 0.23M | 0.05M | 0.04M | 0.17M | 0.06M | -0.04M | ||||||||
| Gains from Investment SecuritiesGains Investment | 0.83M | ||||||||||||||
| Other non-cash itemsOther Non-Cash | -0.09M | 0.05M | 0.10M | 0.68M | 0.04M | -0.04M | -0.06M | -0.63M | 0.27M | 0.03M | |||||
| Change in Working Capital | |||||||||||||||
| Change in InventoryChange Inventory | 152.00 | ||||||||||||||
| Change in Account PayablesChange Payables | 0.00M | ||||||||||||||
| Change in Accured ExpensesChange Accured Exp. | 0.00M | 0.00M | 0.04M | 0.04M | 0.12M | 0.08M | 0.17M | 0.11M | -0.04M | 0.28M | 0.20M | 0.20M | -0.22M | 0.35M | |
| Change in Other Operating AssetsOther Assets Change | 0.00M | -0.01M | -0.01M | -0.01M | 0.02M | -0.01M | -0.01M | -0.01M | |||||||
| Other Working Capital ChangesOther WC Changes | 0.00M | 0.01M | 0.01M | 0.01M | -0.02M | 0.01M | 0.01M | 0.01M | |||||||
| Cash from OperationsCash from Ops. | -0.24M | -0.30M | -0.20M | -0.08M | -0.07M | -0.10M | -0.23M | -0.19M | -0.14M | -0.09M | -0.41M | -0.13M | -0.01M | -0.15M | |
| Investing Activities | |||||||||||||||
| Change in IntangiblesChange Intangibless | 411.00 | ||||||||||||||
| Cash from Investing ActivitiesCash from Investing | -0.01M | -411.00 | |||||||||||||
| Financing Activities | |||||||||||||||
| Debt Issuance and Repayment | |||||||||||||||
| Long-Term Debt IssuancesLT Debt Issuance | 0.29M | 0.14M | 0.09M | 0.10M | 0.15M | 0.65M | 0.01M | 0.20M | |||||||
| Long-Term Debt RepaymentsLT Debt Repayment | 0.01M | 0.11M | 0.02M | ||||||||||||
| Non-Current Debt | 0.29M | 0.14M | 0.10M | 0.15M | 0.54M | 0.01M | 0.18M | ||||||||
| Net Debt Issuances and RepaymentsNet Debt Issuance | 0.29M | 0.14M | 0.10M | 0.15M | 0.54M | 0.01M | 0.18M | ||||||||
| Change in Capital Stock | |||||||||||||||
| Net Preferred Shares Issued and RepurchasedNet Pref. Shares Issued | 0.76M | 0.07M | 0.17M | 0.29M | 0.14M | 0.09M | |||||||||
| Net Equity Issued and RepurchasedNet Equity Issued | 0.76M | 0.07M | 0.17M | 0.29M | 0.14M | 0.09M | |||||||||
| Other financing activitiesOther financing | -0.11M | -0.05M | -184.00 | -0.01M | |||||||||||
| Cash from Financing ActivitiesCash from Financing | 0.76M | 0.07M | 0.17M | 0.34M | 0.09M | 0.03M | 0.10M | 0.10M | 0.54M | 0.01M | 0.17M | ||||
| Additional items | |||||||||||||||
| Change in Cash | 0.51M | -0.23M | -0.20M | -0.08M | 0.10M | 0.24M | -0.14M | -0.16M | -0.04M | 0.01M | 0.13M | -0.14M | 0.00M | 0.02M | |
| Ending Cash Balance | 0.00M | 0.52M | 0.29M | 0.09M | 0.01M | 0.10M | 0.35M | 0.20M | 0.04M | 0.01M | 0.02M | ||||
| Free Cash FlowFCF | -0.24M | -0.30M | -0.20M | -0.08M | -0.07M | -0.10M | -0.23M | -0.19M | -0.14M | -0.09M | -0.41M | -0.13M | -0.01M | -0.15M | |
| Net Cash FlowNCF | 0.51M | -0.23M | -0.20M | -0.08M | 0.10M | 0.24M | -0.14M | -0.16M | -0.04M | 0.01M | 0.13M | -0.14M | 0.00M | 0.02M | |
| Interest Paid | -0.01M | 0.01M | 0.01M | 0.01M |
Pull Ludwig Enterprises'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=LUDG&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/statements"
params = {"ticker": "LUDG", "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=LUDG&statement=CF&frequency=Quarter&period=all&api_key=YOUR_API_KEY");
const data = await res.json();