For the quarter ending 2026-03-31, KINS had -$823,339 decrease in cash & cash equivalents over the period. $7,878,679 in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net (loss) income | -5,808,250 | 14,759,661 | 10,872,475 | 15,134,992 |
| Net realized losses on investments | 2,923 | 210,580 | 6,322 | 5,804 |
| Net unrealized losses on equity investments | -216,795 | -353,238 | 382,734 | -288,506 |
| Net unrealized losses (gains) on other investments | -795,629 | -336,770 | -194,290 | 702,782 |
| Gain on sale of real estate | 0 | 0 | 0 | 1,965,989 |
| Depreciation and amortization | 715,507 | 677,955 | 644,653 | 1,237,227 |
| Credit losses | 28,032 | 503,462 | 27,131 | 69,060 |
| Accretion of bond discount, net | 1,226 | 11,854 | -835 | -28,977 |
| Amortization of discount and issuance costs on debt | 0 | 0 | 2,406 | 62,757 |
| Loss on extinguishment of debt | 0 | 0 | 0 | -174,962 |
| Stock-based compensation | 653,984 | 241,317 | 430,173 | 810,867 |
| Deferred income tax benefit | -1,592,992 | -217,656 | 388,404 | -372,296 |
| Premiums receivable, net | -1,956,408 | 3,263,221 | 1,001,810 | -4,419,958 |
| Reinsurance receivables, net | -1,000,021 | -1,022,115 | 4,580,017 | -13,883,393 |
| Prepaid reinsurance | 2,792,645 | 0 | -1,506,944 | 3,649,273 |
| Deferred policy acquisition costs | -67,459 | 2,489,426 | 1,529,751 | -884,341 |
| Other assets | 6,987,398 | -582,066 | 3,349,436 | -432,234 |
| Loss and loss adjustment expense reserves | 31,210,044 | -655,628 | 7,266,792 | 7,717,026 |
| Unearned premiums | -385,341 | 13,986,932 | 9,778,044 | -4,438,637 |
| Advance premiums | 1,893,915 | -3,708,504 | 1,999,376 | 2,209,518 |
| Reinsurance balances payable | -457,143 | -457,710 | 249,513 | -5,068,605 |
| Deferred ceding commission revenue | -5,544,085 | 800,112 | 566,769 | -4,545,591 |
| Accounts payable, accrued expenses and other liabilities | -6,268,680 | -2,731,078 | 2,841,097 | 573,242 |
| Taxes payable | 9,077 | 2,835,135 | - | - |
| Net cash flows provided by operating activities | 8,714,486 | 22,797,974 | 25,929,806 | 27,131,737 |
| Purchase - equity securities | - | 0 | 0 | 19,100 |
| Redemption - fixed-maturity securities held-to-maturity | - | 0 | 1,000,000 | - |
| Sale - equity securities | - | 0 | 0 | 0 |
| Purchase - fixed-maturity securities available-for-sale | 13,475,699 | 66,216,465 | 41,338,974 | 46,825,871 |
| Sale and maturity - fixed-maturity securities available-for-sale | 6,108,053 | 30,437,870 | 9,141,057 | 20,172,732 |
| Proceeds from sale of real estate | 0 | 0 | 0 | 3,600,000 |
| Acquisition of property and equipment | 835,807 | 714,623 | 652,468 | 1,440,460 |
| Net cash flows used in investing activities | -8,203,453 | -36,493,218 | -31,850,385 | -24,512,699 |
| Principal payments on equipment financing | 317,156 | 312,557 | 308,024 | 602,712 |
| Principal payment on notes-Notes Twenty Twenty Two | - | - | 0 | - |
| Principal payments on notes-Notes Twenty Twenty Two | - | 0 | - | - |
| Principal payments on 2024 notes | -5,950,000 | - | 5,950,000 | - |
| Principal payments on notes-Notes Two Thousand Twenty Four | - | 5,950,000 | - | - |
| Principal payment on 2024 notes | - | - | - | 5,950,000 |
| Issue costs on 2024 notes and 2022 notes | - | - | 0 | - |
| Issue costs on 2024 and 2022 notes | - | 0 | - | - |
| Proceeds from exercise of stock options | 41,249 | -1,877 | 7,503 | 57,088 |
| Proceeds from employee stock purchase plan | - | 137,116 | - | - |
| Withholding taxes paid on net exercise of stock options | 0 | 0 | 0 | 14,305 |
| Withholding taxes paid on vested restricted stock awards | 336,189 | 13,714 | 0 | 548,500 |
| Net proceeds from issuance of common stock | 0 | 0 | -13,929 | 9,484,382 |
| Dividends paid | 722,276 | 707,296 | 707,101 | - |
| Net cash flows (used in) provided by financing activities | -1,334,372 | -898,328 | -1,021,551 | 2,425,953 |
| (decrease) increase in cash and cash equivalents | -823,339 | -14,593,572 | -6,942,130 | 5,044,991 |
| Cash and cash equivalents, beginning of period | 12,178,730 | 26,772,302 | 28,669,441 | - |
| Cash and cash equivalents, end of period | 11,355,391 | 12,178,730 | 26,772,302 | - |
KINGSTONE COMPANIES, INC. (KINS)
KINGSTONE COMPANIES, INC. (KINS)