Cash flow efficiency is severely compromised, evidenced by a 2026Q2 OCF/NI ratio of -196.84 and a reliance on $36.3M in working capital inflows to mask underlying operational cash burn.
| Cash from Operations | 3.4M | -379.38K | 2.49M | -6.37M | -12.37M | -4.52M | -4.21M | -27.79K | -9.09K | 9.27K |
| Operating CF Margin % | - | -2.96% | 47.85% | -64.15% | -76.8% | -41.81% | -613.29% | - | -68.64% | 63.06% |
| Operating CF Growth % | 22538.3% | -115.26% | 139.06% | 48.53% | -173.75% | -7.35% | -15044.21% | -205.77% | -198.04% | - |
| Net Income | -565.97K | 4.63M | 2.63M | -71.15M | -51.77M | -18.59M | -9.23M | -28.29K | -7.78K | 3.79K |
| Depreciation & Amortization | 2.98M | 2.98M | 1.18M | 11.56M | 43.53K | 2.73K | 650 | 2.6K | 2.47K | 250 |
| Stock-Based Compensation | 0 | 62.5K | 0 | 746.51K | 32.47M | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 921.19K | 330.49K | 2.5M | 48.51M | 7.14M | 14.89M | 5.67M | 0 | 0 | 0 |
| Working Capital Changes | 65.57K | -8.38M | -3.81M | 3.98M | -254.16K | -814.73K | -646.96K | -2.1K | -3.77K | 5.23K |
| Change in Receivables | -909.77K | -12.12M | -3.02M | -1.37M | -268.93K | -760.06K | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 1.58M | 4.41M | -4.19M | -2.76M | -919.64K | 0 | 0 | 0 |
| Change in Payables | 4.29M | 0 | -1.11M | -598.81K | 6.09M | 946.72K | 855.85K | 0 | 0 | 0 |
| Cash from Investing | -165.8M | 0 | -16.5M | 0 | -1.62M | -30K | 73.4K | 0 | -4.8K | -3K |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | -30K | 0 | 0 | -4.8K | -3K |
| CapEx % of Revenue | 0% | - | - | - | - | 0.28% | 0% | - | 36.25% | 20.41% |
| Acquisitions | -165.8M | 0 | 0 | 0 | 125.66K | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | -1.74M | 0 | 73.4K | 0 | 0 | 0 |
| Cash from Financing | 198.03M | 394.78K | -2.45M | 5.82M | 13.73M | 5.42M | 4.22M | 9K | 18.7K | 4.6K |
| Debt Issued (Net) | 0 | 0 | 1.52M | -2.92M | 14.53M | 5.42M | 4.55M | 9K | 0 | 200 |
| Equity Issued (Net) | 25.15M | 0 | 17.96M | 8.74M | 0 | 0 | 0 | 0 | 18.7K | 4.4K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 172.88M | 394.78K | -21.93M | 0 | -800.25K | 0 | -332.24K | 0 | 0 | 0 |
| Net Change in Cash | 35.63M | 15.39K | -162.74K | -462.91K | -250.95K | 848.95K | 77.85K | -18.79K | 4.81K | 10.87K |
| Free Cash Flow | 3.4M | -379.38K | 2.49M | -6.37M | -12.37M | -4.52M | -4.21M | -27.79K | -9.09K | 6.27K |
| FCF Margin % | 21.27% | -2.96% | 47.85% | -64.15% | -76.8% | -41.81% | -613.29% | - | -68.66% | 42.65% |
| FCF Growth % | 67.3% | -115.26% | 139.06% | 48.53% | -173.75% | -7.35% | -15043.11% | -205.72% | -244.98% | - |
| FCF per Share | 4.15 | -5.88 | 42.83 | -1819.46 | -10286.30 | -270475.81 | -272712.97 | -1822.76 | -625.57 | 250.80 |
| FCF Conversion (FCF/Net Income) | -6.00x | -0.11x | 0.95x | 0.09x | 0.24x | 0.24x | 0.46x | 0.98x | 1.17x | 2.44x |
| Interest Paid | 0 | 0 | 706.94K | 482.69K | 222.21K | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 111.11K | 0 | 0 | 0 | 0 | 0 |
Severe liquidity and solvency
As reported in financial statements, YYAI's operating cash flow frequently diverges from net income, evidenced by a 2026Q2 OCF/NI ratio of -196.84, which suggests that reported profitability is not translating into tangible liquidity for the firm's ongoing operations.
The extreme volatility in the OCF/NI ratio indicates that net income is likely driven by non-cash accounting adjustments rather than core operational performance. Investors should monitor this persistent gap, as it suggests that the company's reported earnings may significantly overstate its actual ability to generate cash from its business activities.
Based on the provided cash flow data, YYAI's free cash flow trajectory remains highly erratic, with a swing from a $35.7M inflow in 2026Q3 to a $30.8M outflow in 2026Q2, highlighting the company's inability to maintain a consistent cash-generative profile.
The lack of a stable FCF trend suggests that the business model is highly sensitive to lumpy, non-recurring events or aggressive working capital management. This inconsistency makes it difficult to project future cash availability and raises concerns regarding the sustainability of the company's current growth strategy.
According to recent SEC filings, YYAI's working capital changes have been a primary driver of cash flow volatility, including a massive $36.3M inflow in 2026Q3, which appears to be the primary reason for the temporary positive cash flow reported in that period.
Such large, sudden shifts in working capital often indicate aggressive revenue recognition or significant changes in payables and receivables management. Analysts should investigate whether these movements are sustainable or if they represent a one-time effort to bolster the company's precarious liquidity position.
As indicated by the cash flow statement, YYAI utilized $129.8M for acquisitions in 2026Q3, a figure that dwarfs the company's reported cash balance and suggests that capital deployment is being funded through means other than internally generated cash flow.
This aggressive acquisition strategy, despite a minimal cash cushion, warrants further investigation into the company's financing sources and potential dilution risks. The disconnect between capital deployment and operational cash generation suggests a high-risk approach to growth that may leave the firm vulnerable to liquidity shocks.
Quick answers to the most common questions about buying YYAI stock.
AiRWA Inc. (YYAI) generated $-0.4M in net cash from operating activities in 2025. This reflects the cash generated directly from core business operations.
AiRWA Inc. (YYAI) reported negative free cash flow of $0.4M in 2025, indicating capital requirements exceeded cash from operations.
AiRWA Inc. (YYAI) spent $0.0M on capital expenditures in 2025. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.