For the quarter ending 2025-09-30, FET had -$7,274K decrease in cash & cash equivalents over the period. $21,474K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -20,554 | 8,822 |
| Depreciation expense | 3,244 | 7,303 |
| Amortization of intangible assets | 4,619 | 10,748 |
| Impairment of property and equipment and other assets | 4,406 | - |
| Inventory write-down | 16,647 | 760 |
| Stock-based compensation expense | 2,781 | 3,590 |
| Deferred income taxes | -406 | 3,670 |
| Gain on sale-leaseback transactions | 4,279 | 6,903 |
| Loss on extinguishment of debt | 0 | 0 |
| Other | 444 | 1,041 |
| Accounts receivabletrade | -7,308 | -2,504 |
| Inventories | 5,837 | -9,995 |
| Prepaid expenses and other current assets | -1,366 | -1,395 |
| Cost and estimated profit in excess of billings | -1,990 | -2,444 |
| Accounts payable, deferred revenue and other accrued liabilities | 14,847 | -15,060 |
| Billings in excess of costs and profits recognized | -542 | 7,018 |
| Net cash provided by operating activities | 22,866 | 25,099 |
| Capital expenditures for property and equipment | 1,392 | 3,061 |
| Proceeds from sale of property and equipment | 106 | 57 |
| Proceeds from sale-leaseback transactions | 6,546 | 8,028 |
| Payments related to business acquisition, net of cash acquired | 0 | 0 |
| Net cash provided by (used in) investing activities | 5,260 | 5,024 |
| Borrowings on credit facility | 127,420 | 271,326 |
| Repayments on credit facility | 146,993 | 299,360 |
| Cash paid to repurchase 2025 notes | 0 | 0 |
| Proceeds from issuance of seller term loan | - | 0 |
| Payment of seller term loan | 0 | - |
| Payment of capital lease obligations | 681 | 732 |
| Deferred financing costs | 0 | 914 |
| Repurchases of stock | 14,825 | 6,295 |
| Payment of withheld taxes on stock-based compensation plans | 0 | 1,321 |
| Net cash provided by (used in) financing activities | -35,079 | -37,296 |
| Effect of exchange rate changes on cash | -321 | 1,479 |
| Net decrease in cash, cash equivalents and restricted cash | -7,274 | -5,694 |
| Cash and cash equivalents at beginning of period | 44,661 | - |
| Cash and cash equivalents at end of period | 31,693 | - |
FORUM ENERGY TECHNOLOGIES, INC. (FET)
FORUM ENERGY TECHNOLOGIES, INC. (FET)