For the quarter ending 2026-03-31, KPLTW had $4,640K increase in cash & cash equivalents over the period. $12,204K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Gain on extinguishment of term loan and settlement of derivative liability, net | - | 6,160 | 0 | -1,040 |
| Net income (loss) | 5,686 | 19,837 | -4,949 | -13,523 |
| Depreciation and amortization | 40,659 | 41,854 | 41,279 | 81,180 |
| Depreciation for early lease purchase options (buyouts) | 11,128 | 9,469 | 9,192 | 19,010 |
| Depreciation for impaired leases | 6,658 | 8,144 | 6,576 | 13,932 |
| Change in fair value of derivative liability, warrants, and other | -4,355 | -19,062 | 1,656 | 25 |
| Stock-based compensation | 546 | 962 | 801 | 1,930 |
| Amortization of debt discount | 0 | 293 | 836 | 1,873 |
| Amortization of debt issuance costs, net | 1,025 | 1,024 | 1,025 | 361 |
| Accrued pik interest expense | 0 | 573 | 1,546 | 1,172 |
| Amortization of right-of-use assets | 11 | 12 | 10 | 161 |
| Property held for lease | 51,745 | 66,087 | 54,143 | 115,784 |
| Prepaid expenses and other current assets | -1,194 | 1,638 | -979 | -2,947 |
| Litigation insurance reimbursement receivable | - | 0 | 0 | - |
| Accounts payable | 2,396 | -1,137 | 501 | 1,036 |
| Accrued liabilities | -1,299 | -725 | -631 | 1,485 |
| Accrued litigation | -250 | 55 | -250 | -500 |
| Lease liabilities | -13 | -10 | -11 | -159 |
| Unearned revenues | 571 | -133 | -425 | 618 |
| Net cash provided by operating activities | 12,212 | -12,729 | 3,992 | -3,196 |
| Purchases of property and equipment | 8 | 6 | 4 | 24 |
| Additions to capitalized software | 376 | 214 | 297 | 636 |
| Proceeds from issuance of convertible preferred stock and warrants | - | 65,000 | - | - |
| Other assets and security deposits | - | 76 | - | - |
| Proceeds from exercise of stock options | - | 0 | 8 | 0 |
| Net cash used in investing activities | -384 | -144 | -301 | -660 |
| Proceeds from new and existing revolving facilities | 1,297 | 9,063 | 2,892 | 10,013 |
| Principal repayments on new and existing revolving facilities | 8,409 | 9,901 | 3,944 | 12,154 |
| Repayment of term loan and repurchase of warrants | - | 35,070 | - | - |
| Payments of issuance costs related to debt and preferred stock | - | 1,632 | 3,715 | - |
| Repurchases of restricted stock | 76 | 63 | 170 | 361 |
| Payments of deferred financing costs | - | - | - | 1,204 |
| Net cash used in financing activities | -7,188 | 27,397 | -3,725 | -3,706 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 4,640 | 14,524 | -34 | -7,562 |
| Cash, cash equivalents and restricted cash at beginning of period | 23,480 | 8,956 | 16,552 | - |
| Cash, cash equivalents and restricted cash at end of period | 28,120 | 23,480 | 8,956 | - |
Katapult Holdings, Inc. (KPLTW)
Katapult Holdings, Inc. (KPLTW)