As of Q3'25, ACHR reported Operating Cash Flow of -$106M and Free Cash Flow of -$126M, both representing the most negative values in the observed period. This reflects a continued cash outflow trend, with Free Cash Flow consistently trailing Operating Cash Flow by a significant margin. From Q4'22 to Q3'25, both Operating and Free Cash Flow have shown a worsening trajectory, with periodic fluctuations but an overall deepening of negative cash flows. Notably, the most substantial declines occurred from Q4'23 onward, indicating increased cash usage and operational outflows. The persistent gap between Operating and Free Cash Flow suggests ongoing capital expenditures, and the trend highlights mounting financial pressure over the nearly three-year period.