CURB: the cashflow

MyFinsight

For the year ending 2025-12-31, CURB had -$336,856K decrease in cash & cash equivalents over the period.

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

Cash Flow	2025-12-31
Net income	39,881
Depreciation and amortization	72,408
Amortization and write-off of debt issuance costs	1,590
Stock -based compensation	12,948
Gain on disposition of real estate	1,378
Assumption of buildings due to ground lease terminations	2,020
Net change in accounts receivable	5,453
Net change in accounts payable and accrued expenses	2,529
Net change in other operating assets and liabilities	-4,096
Total adjustments	84,720
Net cash flow provided by operating activities	124,601
Real estate acquired, net of liabilities and cash assumed	785,326
Deposits for future acquisitions	2,352
Real estate improvements to operating real estate	17,405
Proceeds from disposition of real estate	1,838
Net cash flow used for investing activities	-803,245
Proceeds from term loan	250,000
Proceeds from unsecured notes	178,000
Repayment of mortgage debt	0
Payment of debt issuance costs	4,293
Common stock offering expenses	1,446
Taxes withheld for vested restricted stock	3,089
Transactions with parent	0
Dividends paid	77,384
Net cash flow provided by financing activities	341,788
Net (decrease) increase in cash, cash equivalents and restricted cash	-336,856
Cash and cash equivalents at beginning of period	626,409
Cash and cash equivalents at end of period	289,553

Unit: Thousand (K) dollars