APEI: the cash flow

MyFinsight

For the year ending 2025-12-31, APEI had $17,558K increase in cash & cash equivalents over the period. $46,101K in free cash flow.

Cash Flow	2025-12-31
Net (loss) income	31,557
Depreciation and amortization	16,148
Amortization and write-off of debt issuance costs	1,341
Stock-based compensation	8,352
Equity investment loss	0
Deferred income taxes	8,135
Loss on assets held for sale	1,527
Loss on disposal of long-lived assets	-444
Loss on sale of subsidiary	-2,550
Impairment of goodwill and intangible assets	0
Accounts receivable, net of allowance for bad debt	5,324
Prepaid expenses	761
Income tax receivable/payable	-2,509
Operating lease assets, net	-19
Other assets	1,167
Accounts payable	-1,852
Accrued compensation and benefits	1,926
Accrued liabilities	-275
Deferred revenue and student deposits	1,854
Net cash provided by operating activities	61,965
Cash outlay from sale of subsidiary	2,294
Capital expenditures	15,864
Proceeds from the sale of real property	22,959
Net cash (used in) provided by investing activities	4,801
Cash paid for repurchase of common/restricted stock	4,262
Preferred stock dividends paid	2,751
Cash received from exercise of stock options	1,210
Cash paid for redemption of preferred stock	43,192
Cash paid for principal on borrowings and finance leases	213
Net cash used in financing activities	-49,208
Net increase in cash, cash equivalents, and restricted cash	17,558
Cash, cash equivalents, and restricted cash at beginning of period	158,941
Cash, cash equivalents, and restricted cash at end of period	176,499

Unit: Thousand (K) dollars (except for numbers of shares and EPS).