CURB: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30
Net income (loss)	30,326	20,968
Depreciation and amortization	50,279	30,502
Amortization and write-off of debt issuance costs	1,067	607
Stock -based compensation	9,767	6,666
Assumption of buildings due to ground lease terminations	704	704
Gain on disposition of real estate	42	42
Net change in accounts receivable	4,248	2,238
Net change in accounts payable and accrued expenses	9,107	2,015
Net change in other operating assets and liabilities	-3,180	-1,769
Total adjustments	68,406	38,575
Net cash flow provided by operating activities	98,732	59,543
Real estate acquired, net of liabilities and cash assumed	613,672	280,552
Acquisition escrow deposits	4,688	22,690
Real estate improvements to operating real estate	9,981	5,237
Proceeds from disposition of real estate	53	-
Net cash flow used for investing activities	-628,288	-308,479
Proceeds from term loan	250,000	100,000
Proceeds from unsecured notes	150,000	-
Repayment of mortgage debt	0	0
Payment of debt issuance costs	2,854	1,156
Common stock offering expenses	383	-
Taxes withheld for vested restricted stock	3,077	2,983
Transactions with site centers	0	0
Dividends paid	60,427	43,469
Net cash flow provided by financing activities	333,259	52,392
Net (decrease) increase in cash and cash equivalents	-196,297	-196,544
Cash and cash equivalents at beginning of period	626,409	-
Cash and cash equivalents at end of period	430,112	-

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

CURB: the cashflow