For the quarter ending 2025-09-30, BKV had $61,689K increase in cash & cash equivalents over the period. -$126,934K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | 103,782 | - |
| Depreciation, depletion, amortization, and accretion | 116,176 | - |
| Equity-based compensation | 9,080 | - |
| Deferred income tax (benefit) expense | 17,808 | - |
| Unrealized (gains) losses on derivatives, net | 24,143 | - |
| Gains on contingent consideration liabilities | 0 | - |
| Settlement of contingent consideration | 20,000 | - |
| Proceeds from the sale of call options | 0 | - |
| Payments for the purchase of put options | 16,206 | - |
| Write-off of capitalized software costs | 5,643 | - |
| Gain on sale of business | 0 | - |
| (gains) losses on sales of assets | -1,772 | - |
| Earnings from equity affiliate | 20,553 | - |
| Loss on early extinguishment of debt | 0 | - |
| Transaction costs from sale of business assets | -397 | - |
| Other, net | -3,947 | - |
| Accounts receivable, net | 18,233 | - |
| Accounts receivable, related party | -34 | - |
| Accounts payable and accrued liabilities | 12,381 | - |
| Other changes in operating assets and liabilities | -2,227 | - |
| Net cash provided by operating activities | 74,535 | 98,783 |
| Asset acquisition | 96,614 | 123,669 |
| Cash acquired in consolidation of bkv-bpp cotton cove | 2,077 | - |
| Capital expenditures | 201,469 | 7,500 |
| Deposit on fixed asset purchase | 15,000 | - |
| Proceeds from sale of business | 0 | 0 |
| Proceeds from sales of assets | 5,617 | 1,258 |
| Other investing activities, net | 0 | -257 |
| Net cash provided by (used in) investing activities | -305,389 | -129,654 |
| Net proceeds on long-term debt | 490,000 | - |
| Proceeds from issuance of common stock in initial public offering, net of underwriting discounts and commissions | 0 | - |
| Payments on notes payable to related party | 0 | 0 |
| Proceeds under rbl credit agreement | 222,000 | 355,000 |
| Payments on rbl credit agreement | 422,000 | 320,000 |
| Payment on term loan agreement | 0 | 0 |
| Payment of debt issuance costs | 3,702 | 720 |
| Proceeds from draws on credit facilities | 0 | 0 |
| Payments on credit facilities | 0 | 0 |
| Payments of deferred offering costs | 0 | 0 |
| Debt extinguishment costs | 0 | 0 |
| Redemption of common stock issued upon vesting of equity-based compensation and other | 0 | - |
| Net share settlements, equity-based compensation | 440 | 1,204 |
| Cash contributions from noncontrolling interest | 6,685 | 4,353 |
| Net cash provided by (used in) financing activities | 292,543 | 37,429 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 61,689 | 6,558 |
| Cash and cash equivalents at beginning of period | 14,868 | - |
| Cash and cash equivalents at end of period | 83,115 | - |
BKV Corp (BKV)
BKV Corp (BKV)