For the year ending 2025-12-31, CCOI had -$22,804K decrease in cash & cash equivalents over the period. -$198,148K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -182,174 |
| Depreciation and amortization | 270,181 |
| Amortization of debt discounts and premium | 5,724 |
| Amortization of discounts, due from t-mobile, ip transit services & purchase agreements | -18,140 |
| Equity-based compensation expense (net of amounts capitalized) | 26,417 |
| Loss on extinguishment & redemption of 2026 notes | 5,606 |
| Gains - lease terminations and other | 2,740 |
| Deferred income taxes | -64,972 |
| Accounts receivable | -8,884 |
| Prepaid expenses and other current assets | 1,449 |
| Due to t-mobile - transition services agreement | -525 |
| Due from t-mobile - transition services agreement | 57 |
| Deposits and other assets | -6,921 |
| Accounts payable, accrued liabilities and other long-term liabilities | -50,413 |
| Net cash (used in) provided by operating activities | -10,579 |
| Cash receipts - ip transit services agreement - t-mobile | 100,000 |
| Purchases of property and equipment | 187,569 |
| Net cash (used in) provided by investing activities | -87,569 |
| Net proceeds from issuance-Senior Secured Notes Due2032 | 597,842 |
| Net proceeds from issuance-Secured Ipv4Address Revenue Notes | 170,479 |
| Redemption and extinguishment of secured 2026 notes | 505,000 |
| Dividends paid | 150,063 |
| Purchases and retirement of common stock | 16,686 |
| Principal payments of finance lease obligations | 33,843 |
| Proceeds from exercises of common stock options | 175 |
| Net cash provided by (used in) financing activities | 62,904 |
| Effect of exchange rate changes on cash | 12,440 |
| Net (decrease) increase in cash and cash equivalents & restricted cash | -22,804 |
COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)