For the year ending 2025-12-31, FWRD had $730K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) from continuing operations | -141,725 |
| Depreciation and amortization | 152,638 |
| Impairment of goodwill | 0 |
| Share-based compensation expense | 13,429 |
| Provision for revenue adjustments | 3,249 |
| Deferred income tax benefit | -10,948 |
| Impairment of abandoned software project costs | 19,765 |
| Other | 11,504 |
| Accounts receivable | 18,005 |
| Other receivables | 7,365 |
| Other current and noncurrent assets | 24,422 |
| Accounts payable, accrued expenses and other liabilities | -46,264 |
| Net cash provided by (used in) operating activities of continuing operations | 44,384 |
| Proceeds from sale of property and equipment | 2,204 |
| Purchases of property and equipment | 29,116 |
| Purchase of businesses, net of cash acquired | 0 |
| Other | 0 |
| Net cash used in investing activities of continuing operations | -26,912 |
| Repayments of finance lease obligations | 17,305 |
| Proceeds from credit facility | 110,000 |
| Payments on credit facility | 110,000 |
| Proceeds from long-term debt held in escrow | 0 |
| Payment of debt issuance costs | 0 |
| Payment of earn-out liability | 0 |
| Payments of dividends to shareholders | 0 |
| Repurchases and retirement of common stock | 0 |
| Proceeds from common stock issued under employee stock purchase plan | 846 |
| Payment of minimum tax withholdings on share-based awards | 1,074 |
| Contributions from subsidiary held for sale | 0 |
| Net cash provided by (used in) financing activities of continuing operations | -17,533 |
| Effect of exchange rate changes on cash | 791 |
| Net increase (decrease) in cash, cash equivalents and restricted cash equivalents from continuing operations | 730 |
| Net cash used in operating activities of discontinued operations | 0 |
| Net cash provided by investing activities of discontinued operations | 0 |
| Net cash used in financing activities of discontinued operations | 0 |
| Net increase (decrease) in cash, cash equivalents and restricted cash equivalents | 730 |
| Cash, cash equivalents, and restricted cash equivalents at beginning of period of continuing operations | 105,266 |
| Cash, cash equivalents, and restricted cash equivalents at end of period of continuing operations | 105,996 |
FORWARD AIR CORP (FWRD)
FORWARD AIR CORP (FWRD)