AST SpaceMobile, Inc.

NasdaqGS-ASTS

Operating Activities	Jun '25	Dec '24
Net Income	-199.5	-355.2
Net Income Before Allocation to Noncontrolling Interest
Depreciation & Amortization	22.7	23
Depreciation
Amortization of Intangible Assets
Depreciation and Amortization
Share-Based Compensation Expense	18.4	18.2
Stock-Based Compensation
Other Adjustments	69.5	228
Interest Earned on Securities Held in Trust Account
Unrealized Loss on Securities Held in Trust Account
Deferred Income Tax Provision
Gain on Sale of Nano
Amortization of Debt Issuance Costs
Non-Cash Lease Expense
Write Off of Unamortized Debt Issuance Costs
Income on Disposal of Property and Equipment
Income on Remeasurement of Warrant Liabilities
Non-Cash Interest Expense
Issuance of Common Stock for Commitment Shares
Changes in Trade Receivables	—	—
Accounts Receivable
Changes in Inventories	—	—
Inventory
Changes in Accounts Payable	20.7	8.6
Accounts Payable and Accrued Expenses
Changes in Income Taxes Payable	—	—
Income Tax Payable
Changes in Unearned Revenue	1.1	20.2
Contract Liabilities
Changes in Other Operating Activities	-4.7	-4.8
Prepaid Expenses and Other Current Assets
Operating Lease Liabilities
Operating Lease Right-of-Use Assets and Operating Lease Liabilities
Other Assets and Liabilities
Cash from Operating Activities	-72	-61.9
Net Cash Provided by Operating Activities

Investing Activities	Jun '25	Dec '24
Capital Expenditure	-430.6	-112.4
Purchase of Property and Equipment
BlueWalker 3 Satellite - Construction in Process
Purchases of Intangible Assets	—	—
Purchase of Intangible Asset
Purchases of Investments	—	—
Investment of Cash in Trust Account
Proceeds from Business Divestments	—	—
Proceeds from Sale of Nano, Net of Cash Deconsolidated and Transaction Costs
Cash from Investing Activities	-430.6	-112.4
Net Cash Provided by Investing Activities

Financing Activities	Jun '25	Dec '24
Issuance of Long-Term Debt	473.5	—
Proceeds from Promissory Note - Related Party
Proceeds from Debt
Proceeds from Promissory Note with Common Shareholder
Repayments of Long-Term Debt	-0.9	-48.6
Repayment of Promissory Note - Related Party
Repayments of Debt
Repayment for Founder Bridge Loan
Net Issuance / (Repayments) of Long-Term Debt	472.6	-48.6
Issuance of Common Shares	470	520.5
Proceeds from Sale of Units, Net of Underwriting Discounts Paid
Proceeds from Issuance of Common Stock
Proceeds from Warrants Exercises
Issuance of Equity Under Employee Stock Plan
Repurchases of Common Shares	-6	-4
Employee Taxes Paid for Stock-Based Compensation Awards
Net Issuance / (Repurchases) of Common Shares	463.9	516.5
Issuance of Preferred Shares	—	—
Proceeds from Issuance of Series B Preferred Stock
Net Issuance / (Repurchases) of Preferred Shares	—	—
Other Financing Activities	-60.9	-13.7
Proceeds from Sale of Private Placement Warrants
Payment of Offering Costs
Payment for Debt Issuance Costs
Proceeds from Business Combination
Direct and Incremental Costs Incurred for the Business Combination
Payments for Third Party Equity Issuance Costs
Issuance Costs from Issuance of Series B Preferred Stock
Purchase of Capped Call Transactions
Cash from Financing Activities	875.6	454.2
Net Cash Provided by Financing Activities