For the quarter ending 2026-03-31, HFFG had $2,420K increase in cash & cash equivalents over the period. -$45K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 1,356 | -37,417 | -874 | -1,020 |
| Depreciation and amortization expense | 7,521 | 7,113 | 7,250 | 14,019 |
| Goodwill impairment charges | - | 38,815 | - | - |
| Gain from disposal of property and equipment | 1,471 | 115 | - | - |
| Credit for expected credit losses | 25 | 0 | -975 | 618 |
| Deferred tax benefit | -133 | -2,728 | -889 | -1,967 |
| Change in fair value of interest rate swap contracts | 843 | 46 | -47 | -1,869 |
| Stock-based compensation | 305 | 141 | 619 | 999 |
| Non-cash lease expense | 2,185 | 1,379 | 1,257 | 2,488 |
| Lease guarantee income | - | 0 | 0 | 0 |
| Other non-cash expense (income) | -96 | -268 | 218 | 330 |
| Accounts receivable | 1,334 | 12,166 | 467 | -1,406 |
| Accounts receivable - related parties | 70 | -60 | 197 | 170 |
| Inventories | 554 | -28,867 | 8,256 | 29,457 |
| Prepaid expenses and other current assets | -3,612 | 3,309 | -368 | -4,723 |
| Other long-term assets | -409 | -285 | -141 | -541 |
| Checks issued not presented for payment | 3,361 | -452 | -4,863 | 1,302 |
| Accounts payable | 2,141 | 1,883 | 4,401 | 17,419 |
| Accounts payable - related parties | -113 | -179 | 323 | 188 |
| Operating lease liabilities | -28 | -1,302 | -1,170 | -1,735 |
| Accrued expenses and other liabilities | -1,177 | -100 | -2,482 | -425 |
| Net cash provided by operating activities | 15,288 | 20,997 | -5,985 | 10,468 |
| Purchase of property and equipment | 15,333 | 8,904 | 3,283 | 6,731 |
| Payments to acquire intangible assets | - | 1,661 | - | - |
| Proceeds from sale of property and equipment | 4,214 | 54 | 13 | 139 |
| Contribution to equity method investee | - | 0 | - | - |
| Net cash used in investing activities | -11,119 | -10,511 | -3,270 | -6,592 |
| Payments for tax withholding related to vested stock awards | - | 0 | 0 | 156 |
| Proceeds from line of credit | 393,818 | 412,906 | 401,864 | 631,713 |
| Repayment of line of credit | 387,795 | 424,309 | 395,554 | 628,237 |
| Proceeds from issuance of debt | 19 | 925 | 3,275 | - |
| Repayment of long-term debt | 5,389 | 2,080 | 2,046 | 2,730 |
| Payment of debt financing costs | 69 | 0 | 0 | 213 |
| Repayment of obligations under finance leases | 1,773 | 1,615 | 1,606 | 3,070 |
| Proceeds from atm sale | 275 | - | - | - |
| Acquisition of noncontrolling interests | 835 | 0 | - | - |
| Net cash used in financing activities | -1,749 | -14,173 | 5,933 | -2,693 |
| Net increase in cash | 2,420 | -3,687 | -3,322 | 1,183 |
| Cash at beginning of the period | 8,641 | 12,328 | 14,467 | - |
| Cash at end of the period | 11,061 | 8,641 | 12,328 | - |
HF Foods Group Inc. (HFFG)
HF Foods Group Inc. (HFFG)