GROV: the cashflow

MyFinsight

For the quarter ending 2025-09-30, GROV had -$1,642K decrease in cash & cash equivalents over the period. -$1,201K in free cash flow.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Gross profit	23,322	-
Fulfillment costs	10,019	-
Advertising	3,154	-
Product development and other selling, general and administrative expenses	11,350	-
Interest income	-656	-
Other segment items	1,853	-
Net loss	-2,960	-7,173
Gain on lease modification	0	0
Stock-based compensation expense	1,109	2,347
Depreciation and amortization	421	866
Changes in fair value of derivative liabilities	25	-214
Non-cash interest expense	51	219
Asset impairment charges	0	0
Inventory write-down	-226	-351
Other non-cash expenses	-8	-
Inventory	-976	-1,013
Prepaids and other assets	-546	-409
Accounts payable	2,476	-2,912
Accrued expenses	-2,633	-87
Deferred revenue	-858	-349
Operating lease right-of-use assets and liabilities	46	-625
Other liabilities	71	-278
Net cash used in operating activities	-1,040	-5,885
Cash paid for acquisitions	0	2,848
Proceeds from sale of property and equipment	13	-
Purchase of property and equipment	161	972
Net cash used in investing activities	-148	-3,820
Payments of stock issuance costs	18	-
Payment on finance agreement	118	-
Payments related to stock-based award activities, net	289	774
Payment of debt issuance costs	-15	15
Repayment of debt	0	-
Proceeds from issuance of redeemable convertible preferred stock	0	-
Proceeds from issuance under employee stock purchase plan	0	141
Payment of debt modification costs	44	-
Net cash used in financing activities	-454	-648
Net decrease in cash, cash equivalents and restricted cash	-1,642	-10,353
Cash and cash equivalents at beginning of period	24,304	-
Cash and cash equivalents at end of period	12,309	-

Unit: Thousand (K) dollars