System1, Inc.
SST · NYSE
9/30/2025 | 6/30/2025 | 3/31/2025 | 12/31/2024 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | -$22,003 | -$17,463 | -$19,856 | -$18,023 |
| Dep. & Amort. | $20,789 | $20,566 | $20,477 | $20,230 |
| Deferred Tax | -$493 | -$396 | -$588 | -$522 |
| Stock-Based Comp. | $5,355 | $0 | $3,457 | $6,753 |
| Change in WC | -$5,349 | $19,028 | -$20,894 | -$8,149 |
| Other Non-Cash | -$351 | $2,757 | $1,455 | $483 |
| Operating Cash Flow | -$2,052 | $24,492 | -$15,949 | $772 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$1,989 | -$1,559 | -$46 | -$1,293 |
| Net Acquisitions | $0 | $0 | $0 | $0 |
| Inv. Purchases | $0 | $0 | $0 | $0 |
| Inv. Sales/Matur. | $0 | $0 | $0 | $0 |
| Other Inv. Act. | $0 | $0 | -$1,502 | $0 |
| Investing Cash Flow | -$1,989 | -$1,559 | -$1,548 | -$1,293 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$5,000 | -$5,000 | -$5,000 | -$5,000 |
| Stock Issued | $0 | $2,250 | $0 | $0 |
| Stock Repurch. | $0 | $0 | -$292 | -$11 |
| Dividends Paid | $0 | -$21 | -$12 | -$54 |
| Other Fin. Act. | -$13 | -$19 | $0 | $54 |
| Financing Cash Flow | -$5,013 | -$2,790 | -$5,304 | -$5,011 |
| Forex Effect | -$5 | -$408 | $9 | -$112 |
| Net Chg. in Cash | -$9,059 | $19,735 | -$22,792 | -$5,644 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $65,269 | $45,156 | $67,948 | $73,592 |
| End Cash | $56,210 | $64,891 | $45,156 | $67,948 |
| Free Cash Flow | -$4,041 | $24,492 | -$17,497 | -$521 |