CNDT: the cash flow

MyFinsight

For the year ending 2025-12-31, CNDT had -$134M decrease in cash & cash equivalents over the period. -$132M in free cash flow.

Cash Flow	2025-12-31
Net income (loss)	-170
Depreciation and amortization	194
Contract inducement amortization	3
Goodwill impairment	0
Deferred income taxes	-22
Amortization of debt financing costs	1
Loss on extinguishment of debt	-1
(gain) loss on divestitures and sales of fixed assets, net	-2
Stock-based compensation	19
Accounts receivable	-2
Other current and long-term assets	33
Accounts payable and accrued compensation and benefits costs	-12
Other current and long-term liabilities	-60
Net change in income tax assets and liabilities	2
Net cash provided by (used in) operating activities	-73
Cost of additions to land, buildings and equipment	59
Cost of additions to internal use software	22
Proceeds from divestitures	53
Net cash provided by (used in) investing activities	-28
Proceeds from revolving credit facility	259
Proceeds from the issuance of debt, net	5
Payments of debt issuance costs	4
Payments of revolving credit facility	150
Payments of debt	105
Treasury stock purchases	25
Excise tax payment on treasury stock purchases	2
Taxes paid for settlement of stock-based compensation	2
Dividends paid on preferred stock	10
(repurchase of) contribution from noncontrolling interest	-5
Net cash provided by (used in) financing activities	-39
Effect of exchange rate changes on cash, cash equivalents and restricted cash	6
Increase (decrease) in cash, cash equivalents and restricted cash	-134
Cash, cash equivalents and restricted cash at beginning of period	377
Cash, cash equivalents and restricted cash at end of period	243

Unit: Million (M) dollars (except for numbers of shares and EPS).