AST SPACEMOBILE, INC. (ASTS) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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AST SPACEMOBILE, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Proceeds from debt → financing reconciliation: $1,060,608,000.00Proceeds from share issuances to repurchase Convertible Notes - 2032 2.375% Convertible Notes → financing reconciliation: $433,739,000.00Proceeds from share issuances to repurchase Convertible Notes - 2032 4.25% Convertible Notes → financing reconciliation: $180,537,000.00Proceeds from issuance of common stock → financing reconciliation: $85,723,000.00Issuance of equity under employee stock plan → financing reconciliation: $4,418,000.00financing reconciliation → Net cash from financing activities: $1,068,333,000.00financing reconciliation → Payments for repurchase of Convertible Notes - 2032 2.375% Convertible Notes: $430,424,000.00financing reconciliation → Payments for repurchase of Convertible Notes - 2032 4.25% Convertible Notes: $180,537,000.00financing reconciliation → Employee taxes paid for stock-based compensation awards: $62,025,000.00financing reconciliation → Repayments of debt: $20,178,000.00financing reconciliation → Payment for debt issuance costs: $3,070,000.00financing reconciliation → Payments for third party equity issuance costs: $458,000.00Insurance proceeds received from BB7 launch → investing reconciliation: $21,595,000.00investing reconciliation → Purchase of property and equipment: $859,215,000.00investing reconciliation → Capital advances to Ligado: $100,000,000.00investing reconciliation → Purchase of spectrum intangibles: $42,103,000.00Net cash used in operating activities → operating reconciliation: $145,212,000.00Loss on involuntary conversion → operating reconciliation: $125,911,000.00Stock-based compensation → operating reconciliation: $118,820,000.00Induced conversion expense on convertible notes → operating reconciliation: $88,654,000.00Accounts payable and accrued expenses → operating reconciliation: $45,552,000.00Contract liabilities → operating reconciliation: $39,952,000.00Depreciation and amortization → operating reconciliation: $38,279,000.00Loss from equity method investment → operating reconciliation: $6,862,000.00Amortization of debt commitment fee → operating reconciliation: $4,400,000.00Amortization of debt issuance costs → operating reconciliation: $4,235,000.00Loss on disposal of property and equipment → operating reconciliation: $2,051,000.00Non-cash interest expense → operating reconciliation: $1,294,000.00Loss on remeasurement of warrant liabilities → operating reconciliation: $1,174,000.00operating reconciliation → Net loss before allocation to noncontrolling interest: $549,500,000.00operating reconciliation → Accounts receivable: $41,571,000.00operating reconciliation → Inventory: $16,410,000.00operating reconciliation → Prepaid expenses and other current assets: $8,598,000.00operating reconciliation → Other assets and liabilities: $5,669,000.00operating reconciliation → Non-cash interest income: $648,000.00Net cash used in investing activities → investing reconciliation: $979,723,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $2,779,960,000.00Net cash from financing activities → Cash sources and uses: $1,068,333,000.00Cash sources and uses → Exchange-rate effect: $524,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $2,722,834,000.00Cash sources and uses → Net cash used in investing activities: $979,723,000.00Cash sources and uses → Net cash used in operating activities: $145,212,000.00Net loss before allocation to noncontrolling interest: -$549,500,000.00Net loss before allocation to noncontrolling interest−$549.50 MDepreciation and amortization: $38,279,000.00Depreciation & amortization+$38.28 MAmortization of debt commitment fee: $4,400,000.00Debt commitment fee amort.+$4.40 MInduced conversion expense on convertible notes: $88,654,000.00Convertible debt inducement+$88.65 MLoss on disposal of property and equipment: $2,051,000.00PP&E disposal gain & loss+$2.05 MAmortization of debt issuance costs: $4,235,000.00Debt issuance cost amortization+$4.24 MLoss on involuntary conversion: $125,911,000.00Contingency provision+$125.91 MNon-cash interest expense: $1,294,000.00Other non-cash expenses+$1.29 MNon-cash interest income: -$648,000.00Non-cash interest income−$648.00 KLoss from equity method investment: $6,862,000.00Equity-method results+$6.86 MAccounts receivable: -$41,571,000.00Accounts receivable−$41.57 MLoss on remeasurement of warrant liabilities: $1,174,000.00Warrant fair value+$1.17 MInventory: -$16,410,000.00Inventories−$16.41 MStock-based compensation: $118,820,000.00Stock-based compensation+$118.82 MContract liabilities: $39,952,000.00Deferred revenue+$39.95 MPrepaid expenses and other current assets: -$8,598,000.00Prepaid & other assets−$8.60 MAccounts payable and accrued expenses: $45,552,000.00Payables & accrued liabilities+$45.55 MOther assets and liabilities: -$5,669,000.00Other working capital, net−$5.67 MNet cash used in operating activities: -$145,212,000.00. Cash required to fund net payments.Operating cash−$145.21 Moperating reconciliation: $622,396,000.00Issuance of equity under employee stock plan: $4,418,000.00Stock plan proceeds+$4.42 MProceeds from debt: $1,060,608,000.00Debt issued+$1.06 BRepayments of debt: -$20,178,000.00Debt repaid−$20.18 MPayment for debt issuance costs: -$3,070,000.00Debt issuance costs−$3.07 MProceeds from issuance of common stock: $85,723,000.00Common stock issued+$85.72 MPayments for third party equity issuance costs: -$458,000.00Stock issuance costs−$458.00 KPurchase of capped call transactions: $0.00Proceeds from share issuances to repurchase Convertible Notes - 2032 4.25% Convertible Notes: $180,537,000.00Convertible debt issued: 4.25%+$180.54 MProceeds from share issuances to repurchase Convertible Notes - 2032 2.375% Convertible Notes: $433,739,000.00Convertible debt issued: 2.375%+$433.74 MPayments for repurchase of Convertible Notes - 2032 4.25% Convertible Notes: -$180,537,000.00Convertible debt repaid: 4.25%−$180.54 MPayments for repurchase of Convertible Notes - 2032 2.375% Convertible Notes: -$430,424,000.00Convertible debt repaid: 2.375%−$430.42 MEmployee taxes paid for stock-based compensation awards: -$62,025,000.00Stock-award tax withholding−$62.03 MNet cash from financing activities: $1,068,333,000.00Financing cash+$1.07 Bfinancing reconciliation: $1,765,025,000.00Purchase of property and equipment: -$859,215,000.00PP&E purchases−$859.22 MCapital advances to Ligado: -$100,000,000.00Advances to affiliates−$100.00 MPurchase of spectrum intangibles: -$42,103,000.00Intangible asset purchases−$42.10 MInsurance proceeds received from BB7 launch: $21,595,000.00Insurance proceeds+$21.60 MNet cash used in investing activities: -$979,723,000.00. Cash required to fund net payments.Investing cash−$979.72 Minvesting reconciliation: $1,001,318,000.00Cash sources and uses: $3,848,293,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $2,779,960,000.00Beginning cash$2.78 BEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $2,722,834,000.00Ending cash$2.72 BExchange-rate effect: -$524,000.00FX effect−$524.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$549.50M + net operating adjustments $404.29M = operating cash −$145.21MFree cash flow−$1.00 BOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$57.13 MEnding cash − beginning cash
Chart details

AST SPACEMOBILE, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
2,779,960,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
negative 145,212,000 US dollars. Net cash used.
Net loss before allocation to noncontrolling interest
negative 549,500,000 US dollars
Depreciation and amortization
38,279,000 US dollars
Amortization of debt commitment fee
4,400,000 US dollars
Induced conversion expense on convertible notes
88,654,000 US dollars
Loss on disposal of property and equipment
2,051,000 US dollars
Amortization of debt issuance costs
4,235,000 US dollars
Loss on involuntary conversion
125,911,000 US dollars
Non-cash interest expense
1,294,000 US dollars
Non-cash interest income
negative 648,000 US dollars
Loss from equity method investment
6,862,000 US dollars
Accounts receivable
negative 41,571,000 US dollars
Loss on remeasurement of warrant liabilities
1,174,000 US dollars
Inventory
negative 16,410,000 US dollars
Stock-based compensation
118,820,000 US dollars
Contract liabilities
39,952,000 US dollars
Prepaid expenses and other current assets
negative 8,598,000 US dollars
Accounts payable and accrued expenses
45,552,000 US dollars
Other assets and liabilities
negative 5,669,000 US dollars
Investing activities
negative 979,723,000 US dollars. Net cash used.
Purchase of property and equipment
negative 859,215,000 US dollars
Capital advances to Ligado
negative 100,000,000 US dollars
Purchase of spectrum intangibles
negative 42,103,000 US dollars
Insurance proceeds received from BB7 launch
21,595,000 US dollars
Financing activities
1,068,333,000 US dollars. Net cash provided.
Issuance of equity under employee stock plan
4,418,000 US dollars
Proceeds from debt
1,060,608,000 US dollars
Repayments of debt
negative 20,178,000 US dollars
Payment for debt issuance costs
negative 3,070,000 US dollars
Proceeds from issuance of common stock
85,723,000 US dollars
Payments for third party equity issuance costs
negative 458,000 US dollars
Purchase of capped call transactions
0 US dollars
Proceeds from share issuances to repurchase Convertible Notes - 2032 4.25% Convertible Notes
180,537,000 US dollars
Proceeds from share issuances to repurchase Convertible Notes - 2032 2.375% Convertible Notes
433,739,000 US dollars
Payments for repurchase of Convertible Notes - 2032 4.25% Convertible Notes
negative 180,537,000 US dollars
Payments for repurchase of Convertible Notes - 2032 2.375% Convertible Notes
negative 430,424,000 US dollars
Employee taxes paid for stock-based compensation awards
negative 62,025,000 US dollars
Operating adjustment reconciliation
622,396,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,765,025,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
1,001,318,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 524,000 US dollars
Ending cash on Jun 30, 2026
2,722,834,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
3,848,293,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 57,126,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
negative 145,212,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
859,215,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 1,004,427,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$549.50M + net operating adjustments $404.29M = operating cash −$145.21M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: negative 145,212,000 US dollars minus 859,215,000 US dollars equals negative 1,004,427,000 US dollars.
AST SPACEMOBILE, INC. (ASTS) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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