For the quarter ending 2026-03-31, HQI had -$2,880K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income from continuing operations | 1,569 | 1,690 | 2,411 | 2,508 |
| Depreciation and amortization | 778 | 787 | 752 | 1,469 |
| Non-cash interest | -9 | - | 7 | 9 |
| Non-cash interest and loss on debt extinguishment | - | 22 | - | - |
| Goodwill and intangible asset impairment | - | 444 | 230 | - |
| Provision for credit losses | -9 | 166 | 280 | 150 |
| Stock based compensation | 148 | 112 | 345 | 479 |
| Deferred taxes | -89 | 49 | -165 | 289 |
| Gain on divestiture | 248 | - | - | - |
| (loss) gain on disposition of intangible assets and property, plant, and equipment | - | 103 | - | - |
| Gain on disposition of intangible assets | -103 | - | 0 | 103 |
| Accounts receivable | 5,377 | -7,718 | 4,181 | 484 |
| Prepaid expenses, deposits, and other assets | 597 | 60 | -341 | 1,114 |
| Prepaid workers' compensation | 107 | -432 | -89 | 275 |
| Accounts payable | 375 | -207 | 129 | 96 |
| Risk management incentive program liability | 336 | 211 | -921 | 695 |
| Workers compensation claim payment deposit | - | -126 | 0 | 125 |
| Other current liabilities | -95 | 120 | 89 | -41 |
| Accrued payroll, benefits and payroll taxes | 161 | -61 | -1,231 | 535 |
| Due to franchisees | 3,453 | -4,640 | 3,391 | 675 |
| Workers' compensation claims liability | -46 | -354 | -524 | -267 |
| Net cash provided by operating activities - continuing operations | 259 | 6,539 | 1,042 | 4,496 |
| Net cash used in operating activities - discontinued operations | -9 | 61 | -7 | -85 |
| Net cash provided by operating activities | 250 | 6,600 | 1,035 | 4,411 |
| Cash paid in business combinations and asset acquisitions | - | 0 | 0 | - |
| Purchase of property and equipment | 0 | 13 | 12 | 31 |
| Proceeds from the sale of branches | - | 0 | 0 | - |
| Proceeds from payments on notes receivable | 148 | 167 | 377 | 673 |
| Capital contribution to unconsolidated affiliate | 192 | - | - | - |
| Cash issued for notes receivable | 398 | 215 | 18 | 304 |
| Purchase of deferred compensation plan investments | 25 | 248 | - | - |
| Investment in intangible assets | - | 0 | 0 | 0 |
| Net change in franchisee deposits | 32 | -74 | 19 | -25 |
| Net cash (used in) provided by investing activities | -435 | -383 | 366 | 313 |
| Payments on term loan payable | 0 | 0 | 0 | 88 |
| Net payments to revolving line of credit | 0 | -2,203 | -2,130 | -2,496 |
| Repurchase of common stock | - | 377 | - | - |
| Repurchase of shares | 1,857 | - | - | - |
| Payment of dividends | 838 | 844 | 844 | 1,684 |
| Net cash used in financing activities | -2,695 | -3,424 | -2,974 | -4,268 |
| Net decrease in cash | -2,880 | 2,793 | -1,573 | 456 |
| Cash, beginning of period | 3,895 | 1,102 | 2,219 | - |
| Cash, end of period | 1,015 | 3,895 | 1,102 | - |
HireQuest, Inc. (HQI)
HireQuest, Inc. (HQI)