Company: DJTWW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001140361-25-040977
Chunk: 225

Company: Trump Media & Technology Group Corp.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 225
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 or terminated by us at any time without prior notice.  The amount and timing of repurchases are subject to a variety of factors including liquidity, share price, market conditions, and legal requirements, and will be funded
        by available cash and cash equivalents. As of September 30, 2025, we had repurchased 355,208 shares at an average price of $18.02 per share and total cost of $6,400.1, in
        accordance with the program.

      36

Cash Flows

The following table shows our cash flows for the stated periods:

            (in thousands)

            For the nine
            months ended
            September 30, 2025

            For the nine
            months ended
            September 30, 2024

            Variance

            Net cash provided by/(used in) operating activities

            $

            2,638.8

            $

            (52,640.0

            )

            $

            55,278.8

            Net cash used in investing activities

            (1,973,108.2

            )

            (312,773.7

            )

            (1,660,334.5

            )

            Net cash provided by financing activities

            2,302,144.8

            734,976.7

            1,567,168.1

Net Cash Provided by/(Used in) Operating Activities

Net cash provided by operating activities for the nine months ended September 30, 2025 was $2,638.8, a $55,278.8 improvement over the $52,640.0 used in operating activities during the
      nine months ended September 30, 2024. The improvement in operating cash flow was primarily driven by an increase of $43,471.1 in income from investments in repurchase agreements, money market funds, and option premiums, as well as reduced marketing
      expenses and merger-related payments, partially offset by higher payments for legal fees and other professional services.

Net Cash Used in Investing Activities

Net cash used in investing activities for the nine months ended September 30, 2025 was $1,973,108.2 compared to $312,773.7 used in investing activities during the nine months ended
      September 30, 2024. The increase was primarily due to outflows for the purchase of $1,436,000.0 of digital assets and $592,756.