| Cash Flow | 2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|
| Stock-based compensation | 27,476 | 10,947 | 22,642 | 15,590 |
| Provision for expected credit losses | 69 | 54 | -642 | -692 |
| Non-cash lease expense | 1,396 | 636 | 1,237 | 745 |
| Net income (loss) | 43,657 | 27,019 | -7,149 | -31,830 |
| Other liabilities | -169 | - | 12 | 12 |
| Other assets | -118 | -107 | -191 | -210 |
| Other current assets | 901 | 1,221 | 1,808 | 233 |
| Lease liability | -1,523 | -841 | -2,008 | -1,526 |
| Deferred revenue | 1,799 | 878 | 714 | 141 |
| Accrued expenses and other current liabilities | 3,955 | -1,291 | 3,619 | 212 |
| Accounts receivable | -7,555 | -3,690 | -9,436 | -5,691 |
| Accounts payable | -1,561 | -1,229 | -1,660 | -1,101 |
| (gain) loss in fair value of warrant liability | -9,905 | -9,905 | 45,579 | 53,798 |
| Depreciation and amortization | 6,545 | 3,477 | 12,595 | 8,354 |
| Deferred income taxes | - | - | -1,243 | -846 |
| Amortization of debt discount and issuance costs | 447 | 223 | 683 | 455 |
| Interest income on promissory note from member | - | - | - | - |
| Prepaid expenses and deferred charges | -4,103 | -3,599 | -1,136 | -1,345 |
| Net cash provided by operating activities | 61,311 | 23,793 | 65,424 | 36,299 |
| Additions to capitalized software development costs | -1,192 | -504 | - | - |
| Additions to capitalized software | - | - | -3,388 | -2,469 |
| Purchase of property and equipment | -316 | -124 | -699 | -375 |
| Net cash used in investing activities | -1,508 | -628 | -4,087 | -2,844 |
| Principal payments on debt | -7,500 | -3,750 | -47,050 | -43,300 |
| Proceeds from the exercise of warrants | 314,124 | 314,124 | 1 | - |
| Proceeds from the exercise of stock options | 1,401 | 619 | 2,031 | 1,732 |
| Proceeds from the repayment of promissory note to a member including interest | - | - | - | - |
| Withholding taxes paid on stock-based compensation | -15,430 | -5,400 | -5,592 | -3,935 |
| Payment for the redemption of warrants | -58 | -58 | - | - |
| Transaction costs paid in connection with the business combination | - | - | - | - |
| Repurchases of common stock under the stock repurchase program | -290,667 | -131,984 | - | - |
| Net cash provided by (used in) financing activities | 1,870 | 173,551 | -50,610 | -45,503 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 61,673 | 196,716 | 10,727 | -12,048 |
Grindr Inc. (GRND)
Grindr Inc. (GRND)