HAWK: the cash flow

MyFinsight

Cash Flow	2026-03-31
Net loss	-8,989
Depreciation and amortization	7,713
Amortization of debt issuance costs and discounts	332
Fair value loss on revaluation of warrants	2,293
Fair value loss on revaluation of deferred consideration	900
Fair value gain on revaluation of contingent consideration	-270
Stock-based compensation	2,333
Non-cash lease expense	942
Realized gain (loss) on short-term investments	0
Contract accounts receivable-Nonrelated Party	5,918
Contract accounts receivable-Related Party	-20,964
Other accounts receivable	150
Contract assets-Nonrelated Party	3,131
Contract assets-Related Party	-158
Prepaid expenses and other assets	3,629
Operating lease liabilities	-978
Accounts payable	-12,757
Current tax payable	220
Accrued expenses and other current liabilities	6,641
Deferred tax liabilities	157
Accrued compensation payable	-8,180
Contract liabilities	-1,611
Net cash used in operating activities	-3,274
Proceeds from redemption of short-term investments	0
Purchase of satellites, property and equipment	4,055
Net cash (used in) provided by investing activities	-4,055
Payment of debt issuance cost	85
Exercise of series d-1 warrants	73
Exercise of stock options	2,695
Proceeds from issuance of preferred stock, net	18,068
Net cash provided by financing activities	20,751
Net increase in cash, cash equivalents and restricted cash	13,422
Cash, cash equivalents and restricted cash, beginning of period	97,273
Cash, cash equivalents and restricted cash, end of period	110,695

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.