For the quarter ending 2026-03-31, GROVW had -$1,365K decrease in cash & cash equivalents over the period. -$977K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Gross profit | 19,855 | 22,492 | 70,781 |
| Fulfillment costs | 8,484 | 9,237 | 30,045 |
| Advertising | 1,162 | 1,027 | 8,683 |
| Product development and other selling, general and administrative expenses | 9,913 | 12,595 | 37,039 |
| Interest income | 75 | 80 | 375 |
| Other segment items | 1,380 | 1,296 | 5,522 |
| Net loss | -1,009 | -1,583 | -10,133 |
| Gain on lease modification | - | 0 | 0 |
| Stock-based compensation expense | 806 | 828 | 3,456 |
| Depreciation and amortization | 391 | 393 | 1,287 |
| Changes in fair value of derivative liabilities | -99 | -215 | -189 |
| Non-cash interest expense | 53 | 52 | 270 |
| Asset impairment charges | - | 915 | 0 |
| Inventory write-down | 0 | 249 | -577 |
| Loss on extinguishment of debt | - | 0 | - |
| Other non-cash expenses (income) | - | 2 | -8 |
| Inventory | 3,058 | -1,314 | -1,989 |
| Prepaids and other assets | -3,044 | 2,183 | -955 |
| Accounts payable | -143 | 60 | -436 |
| Accrued expenses | -1,340 | 558 | -2,720 |
| Deferred revenue | 824 | -100 | -1,207 |
| Operating lease right-of-use assets and liabilities | 223 | 77 | -579 |
| Other liabilities | 71 | -238 | -207 |
| Net cash used in operating activities | -683 | -29 | -6,925 |
| Cash paid for acquisitions | 0 | 0 | 2,848 |
| Proceeds from sale of property and equipment | - | 2 | 13 |
| Purchase of property and equipment | 294 | 33 | 1,133 |
| Net cash used in investing activities | -294 | -31 | -3,968 |
| Payment of issuance costs related to preferred stock and sepa | 0 | 25 | 18 |
| Payment of debt issuance costs | - | 0 | 0 |
| Payment on finance agreement | 192 | 235 | 118 |
| Repayment of debt and structural derivative liability | - | 0 | - |
| Payment of costs to extinguish debt | - | 77 | - |
| Proceeds From Issuance | - | 0 | - |
| Repayment of debt | - | - | 0 |
| Payments For Repurchase | - | 0 | - |
| Proceeds from issuance of redeemable convertible preferred stock | - | - | 0 |
| Payments related to stock-based award activities, net | 196 | 203 | 1,063 |
| Proceeds from issuance under employee stock purchase plan | - | 107 | 141 |
| Payment of debt modification costs | - | 24 | 44 |
| Net cash used in financing activities | -388 | -457 | -1,102 |
| Net decrease in cash, cash equivalents and restricted cash | -1,365 | -517 | -11,995 |
| Cash, cash equivalents and restricted cash at beginning of period | 11,792 | 12,309 | 24,304 |
| Cash, cash equivalents and restricted cash at end of period | 10,427 | 11,792 | 12,309 |
Grove Collaborative Holdings, Inc. (GROVW)
Grove Collaborative Holdings, Inc. (GROVW)