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SIGA TECHNOLOGIES INC

For the period ended Dec 31, 2024. Filed Mar 11, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 11, 2025

SIGA$3.13-4.0%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Item 8. Consolidated Statements of Cash Flows

CONSOLIDATED STATEMENTS OF CASH FLOWS

For the Years Ended December 31

202420232022
Cash flows from operating activities:
Net income$59,214,216$68,068,826$33,904,806
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and other amortization538,421538,293517,643
Gain on change in fair value of warrant liability——(400,663)
Stock-based compensation3,640,1412,052,4621,779,310
Write down of inventory, net327,373579,239201,472
Deferred income taxes provision (benefit)193,416(4,797,733)(3,827,778)
Deferred IV TPOXX® revenue(10,457,920)10,240,0007,348,720
Changes in assets and liabilities:
Accounts receivable(35,178)24,276,00938,243,490
Inventory15,342,653(25,524,485)(19,964,183)
Prepaid expenses and other assets(591,303)(3,011,346)171,811
Accounts payable, accrued expenses and other liabilities(5,739,479)1,996,8381,533,804
Income tax payable(13,670,533)20,381,228(17,897,370)
Net cash provided by operating activities48,761,80794,799,33141,611,062
Cash flows from investing activities:
Capital expenditures(42,450)(21,686)—
Cash used in investing activities(42,450)(21,686)—
Cash flows from financing activities:
Payment of employee tax obligations for common stock tendered(799,895)(214,794)(12,533)
Repurchase of common stock—(11,072,511)(13,006,331)
Payment of dividend(42,665,044)(32,135,118)(32,940,395)
Cash used in financing activities(43,464,939)(43,422,423)(45,959,259)
Net increase/(decrease) in cash and cash equivalents5,254,41851,355,222(4,348,197)
Cash and cash equivalents at the beginning of period150,145,84498,790,622103,138,819
Cash and cash equivalents at end of period$155,400,262$150,145,844$98,790,622
Supplemental disclosure of cash flows information:
Non-cash lease right-of-use asset and associated liability$462,686$—$—
Conversion of warrant to common stock$—$—$6,120,778
Issuance of common stock$417,000$—$—
Issuance of common stock upon cashless exercise$—$87,540$—
Cash income taxes paid, net$30,357,747$3,500,873$31,372,881

The accompanying notes are an integral part of these financial statements

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.