For the quarter ending 2026-03-31, KEEL had -$232,651K decrease in cash & cash equivalents over the period. -$75,012K in free cash flow.
| Cash Flow | 2026-03-31 |
|---|---|
| Net loss | -145,353 |
| Depreciation and amortization | 27,694 |
| Impairment of long-lived assets | 15,603 |
| Total other expenses | 29,083 |
| Digital assets earned and hosting revenue received in bitcoin | 35,708 |
| Stock-based compensation | 3,664 |
| Renewable energy credits earned | 1,881 |
| Gain on disposition of assets | 318 |
| Realized gain (loss) on sale of digital assets | -1,810 |
| Other | 571 |
| Change in fair value of digital assets | 41,449 |
| Interest income received | 2,726 |
| Interest expenses paid | 3,582 |
| Income taxes received (paid) | -7 |
| Proceeds from disposition of renewable energy and waste tax credits | 8,598 |
| Changes in non-cash working capital components | -9,050 |
| Net change in cash related to operating activities | -64,687 |
| Proceeds from sale of digital assets | 4,373 |
| Purchase of property, plant and equipment and intangible assets | 10,325 |
| Proceeds from sale of property, plant and equipment and assets held for sale | 1,543 |
| Purchase of marketable securities | 967 |
| Proceeds from disposition of marketable securities | 989 |
| Settlement of derivative assets and liabilities | 1,396 |
| Equipment and construction prepayments | 51,847 |
| Net change in cash related to investing activities | -54,838 |
| Repayment of long-term debt | 113,466 |
| Repayment of finance lease liabilities | 109 |
| Exercise of stock options and warrants | 449 |
| Net change in cash related to financing activities | -113,126 |
| Net decrease in cash and restricted cash | -232,651 |
Keel Infrastructure Corp. (KEEL)
Keel Infrastructure Corp. (KEEL)