For the quarter ending 2026-03-31, ESOA had -$6,569,584 decrease in cash & cash equivalents over the period. -$62,173 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 215,547 | 2,705,482 | 4,242,764 | -3,863,056 |
| Depreciation expense | 3,372,058 | 3,352,708 | 3,248,979 | 8,713,445 |
| Accreted interest on ppp loans | 33,426 | 16,206 | 25,142 | 74,718 |
| Gain on sale of equipment | 69,993 | 18,756 | 33,020 | 50,532 |
| Provision for deferred taxes | 184,053 | 978,446 | 2,016,320 | -1,753,681 |
| Provision for bad debts | - | - | 423,750 | - |
| Vested restricted stock award compensation | 58,680 | - | 46,231 | 58,888 |
| Repurchases of shares for tax withholding | - | - | 24,321 | - |
| Tax settlement on shares repurchased | 12,048 | - | - | - |
| Amortization of intangible assets | 284,403 | 405,942 | 605,234 | 459,259 |
| Accreted interest on note payable | 1,950 | 1,950 | 15,000 | 45,000 |
| Decrease in accounts receivable-trade | -8,557,057 | -7,422,755 | 18,735,212 | -4,000,870 |
| (increase) decrease in retainage receivable | 344,558 | 2,207,523 | -233,911 | 1,808,157 |
| (increase) decrease in other receivables | -592 | 138,071 | -286,911 | -1,366,200 |
| Decrease in contract assets | 3,439,141 | -11,120,438 | 7,769,438 | 373,797 |
| Increase in prepaid expenses and other | 2,837,573 | -1,417,340 | 462,776 | 474,150 |
| Decrease in accounts payable | -3,059,893 | -6,401,159 | 6,379,467 | -2,797,474 |
| Decrease in accrued expenses and other current liabilities | 2,243,528 | -2,564,316 | -442,495 | -203,738 |
| Increase in contract liabilities | -1,543,129 | 2,698,645 | 658,602 | 10,028,162 |
| Net cash provided by operating activities | 3,644,959 | 18,790,087 | -9,284,951 | 13,421,957 |
| Investment in property and equipment | 3,707,132 | 2,011,997 | -2,747,653 | 9,101,722 |
| Acquisition-Rigney Digital Systems Ltd | - | - | 3,000,000 | - |
| Acquisition-Tribute Contracting And Consultants Llc | - | - | 21,252,464 | - |
| Acquistion of tribute contracting & consultants, net of cash aquired | - | - | - | 20,783,224 |
| Proceeds from sales of property and equipment | 190,987 | 110,776 | 453,713 | 724,961 |
| Net cash used in investing activities | -3,516,145 | -1,901,221 | -267,874 | -29,159,985 |
| Proceeds from long-term debt | - | - | -3,676,024 | 19,676,024 |
| Borrowings on lines of credit and short-term debt, net of (repayments) | -17,000,000 | -7,750,000 | 13,184,854 | 7,073,976 |
| Treasury stock purchased | 1,288 | 846,530 | 0 | 844,230 |
| Cash dividend on common stock | -2,617 | 501,342 | 501,555 | 1,002,668 |
| Proceeds from capital raise, net of discounts and fees | 21,231,333 | - | - | - |
| Principal payments on long-term debt | 10,931,060 | 3,352,369 | 2,551,276 | 6,752,876 |
| Net cash (used in) provided by financing activities | -6,698,398 | -12,450,241 | 6,455,999 | 18,150,226 |
| Decrease in cash and cash equivalents | -6,569,584 | 4,438,625 | -3,096,826 | 2,412,198 |
| Cash and cash equivalents beginning of period | 16,680,033 | 12,241,408 | 12,926,036 | - |
| Cash and cash equivalents end of period | 10,110,449 | 16,680,033 | 12,241,408 | - |
Energy Services of America CORP (ESOA)
Energy Services of America CORP (ESOA)