For the year ending 2025-12-31, GPGI had $37,181K increase in cash & cash equivalents over the period. -$22,882K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -136,005 |
| Depreciation and amortization | 1,623 |
| Stock-based compensation expense | 4,468 |
| Inventory reserves | 0 |
| Amortization of deferred financing costs | 74 |
| Earnings in equity method investment | 128,805 |
| Cash receipts from holdings after the spin-off | 21,659 |
| Loss on extinguishment of debt | 0 |
| Revaluation of earnout consideration liability | -57,101 |
| Revaluation of warrant liability | 150,958 |
| Non-cash operating lease expense | 405 |
| Change in fair value of derivative liability | 0 |
| Loss on remeasurement of tra liability | -3,465 |
| Deferred tax (benefit) expense | 14,743 |
| Accounts receivable | -2,063 |
| Inventories, net | 5,195 |
| Prepaid expenses and other assets | 4,037 |
| Accounts payable | -625 |
| Accrued expenses | -760 |
| Lease liabilities | -371 |
| Other liabilities | -3,643 |
| Net cash (used in ) provided by operating activities | -22,882 |
| Purchase of property and equipment | 0 |
| Investment in safe | 0 |
| Resolute holdings cash deconsoldiated as a result of the spin-off | 10,000 |
| Holdings cash deconsolidated as a result of the composecure management agreement | 50,303 |
| Capitalized software expenditures | 387 |
| Net cash used in investing activities | -60,690 |
| Proceeds from employee stock purchase plan and exercise of options | 121 |
| Payments for taxes related to net share settlement of equity awards and earnout liability | 18,011 |
| Proceeds from the exercise of warrants | 156,195 |
| Purchase of treasury shares | 12,247 |
| Payment of term loan | 0 |
| Payment of tax receivable agreement liability | 5,305 |
| Deferred finance costs related to debt modification | 0 |
| Tax distributions to non-controlling members | 0 |
| Special distribution to non-controlling members | 0 |
| Dividend to class a shareholders | 0 |
| Net cash provided by (used in) financing activities | 120,753 |
| Net increase in cash and cash equivalents | 37,181 |
| Cash and cash equivalents , beginning of year | 77,461 |
| Cash and cash equivalents, end of year | 114,642 |
GPGI, Inc. (GPGI)
GPGI, Inc. (GPGI)