← Mama's Creations, Inc.

	FY 2017	FY 2018	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent	($289k)	$320k	$550k	$1.5m	$4.1m	($252k)	$2.3m	$6.6m	$3.7m	$5.3m
Net Income (Loss) Available to Common Stockholders, Basic	($494k)	$228k	$550k	$1.5m	$4.1m	($252k)	$2.3m	$6.5m	$3.7m	$5.3m
Depreciation, Depletion and Amortization	$349k	$538k	$679k	$640k	$663k	$779k	$921k	$1.0m	$1.6m	$3.3m
Amortization of Debt Issuance Costs and Discounts	$29k	—	—	—	—	—	—	—	—	—
Amortization of Intangible Assets	—	—	—	—	—	$44k	$482k	$1.1m	$1.5m	$1.6m
Deferred Income Tax Expense (Benefit)	—	—	—	—	($745k)	$296k	($269k)	$215k	$245k	$1.1m
Share-based Payment Arrangement, Noncash Expense	$598k	$428k	$162k	$94k	$53k	$33k	$110k	$436k	$1.1m	$2.0m
Share-based Payment Arrangement, Expense	$598k	—	—	$18k	—	—	—	—	—	—
Goodwill, Impairment Loss	—	—	—	—	—	—	—	$0	$0	$0
Income (Loss) from Equity Method Investments	—	—	—	—	—	—	$143k	$223k	$0	$0
Income Tax Expense (Benefit)	—	—	—	—	$745k	$296k	$9k	$2.0m	$995k	$1.6m
Interest Expense Nonoperating	—	—	—	—	—	—	—	—	$477k	$435k
Other Nonoperating Income (Expense)	($696k)	($743k)	($1.0m)	—	—	—	—	—	—	—
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable	$341k	$1.3m	($386k)	$1.1m	$246k	$938k	($563k)	($2.4m)	$272k	$1.3m
Increase (Decrease) in Inventories	$191k	$18k	$572k	($101k)	($51k)	$475k	$745k	($263k)	$1.5m	$3.5m
Accounts Receivable, Credit Loss Expense (Reversal)	—	—	—	—	—	—	—	($140k)	$0	$90k
Proceeds from Stock Options Exercised	—	—	$40k	—	$14k	$19k	$26k	$68k	$55k	$48k
General and Administrative Expense	$5.9m	$8.1m	$8.3m	$8.9m	$9.2m	$11.7m	$16.5m	$21.0m	$25.2m	—
Goodwill	—	—	—	—	—	$8.6m	$8.6m	$8.6m	$8.6m	$9.4m
Inventory Write-down	—	—	—	—	—	—	—	—	—	$24k
Investment Income, Interest	—	—	—	—	—	—	—	—	$218k	$211k
Nonoperating Income (Expense)	—	—	—	($551k)	($156k)	($38k)	($653k)	($544k)	($171k)	($261k)
Operating Expenses	$6.1m	$8.2m	$8.4m	$9.0m	$9.3m	$11.8m	$16.6m	$21.4m	$25.7m	$35.9m
Net Cash Provided by (Used in) Operating Activities	$483k	$1.3m	$1.4m	$1.8m	$3.7m	$910k	$5.5m	$11.6m	$5.2m	$11.4m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment	$477k	$1.5m	$1.0m	$268k	$419k	$862k	$593k	$786k	$5.1m	$1.7m
Payments to Acquire Businesses, Net of Cash Acquired	—	—	—	—	—	—	—	—	—	$17.3m
Payments to Acquire Investments	—	—	—	—	—	—	$500k	$646k	$0	$0
Net Cash Provided by (Used in) Investing Activities	($477k)	($1.5m)	($1.0m)	($268k)	($452k)	($11.3m)	($1.1m)	($1.4m)	($5.1m)	($19.0m)
Cash flows from financing activities:
Repayments of Long-term Debt	($337k)	—	—	—	—	—	—	—	—	—
Proceeds from Issuance of Common Stock	—	—	—	—	—	—	—	$0	$0	$18.9m
Net Cash Provided by (Used in) Financing Activities	$73k	$70k	($382k)	($1.8m)	($450k)	$8.0m	($888k)	($3.5m)	($4.0m)	$20.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	—	—	$28k	($216k)	$2.8m	($2.3m)	$3.5m	$6.6m	($3.9m)	$12.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities	—	$465k	$638k	$549k	$175k	$52k	$634k	$654k	$427k	$435k
Income Taxes Paid, Net	—	—	—	—	—	—	$32k	$1.6m	$1.5m	$1.2m