For the quarter ending 2025-09-30, KRMN had -$8,773K decrease in cash & cash equivalents over the period. -$6,840K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 7,644 | 2,009 |
| Depreciation and amortization | 10,970 | 19,176 |
| Amortization of debt issuance costs | 235 | 789 |
| Non-cash interest expense and other non-cash adjustments | -20 | 2,651 |
| Deferred income taxes | 5,849 | -718 |
| Share-based compensation expenses | 0 | 1,410 |
| Change in accounts receivable | 12,282 | -936 |
| Change in contract assets | 13,389 | 26,369 |
| Change in inventory | 640 | 397 |
| Change in prepaids and other assets | 959 | -10,148 |
| Change in acquisition related accrued expenses | - | 11,651 |
| Change in contract liabilities | -1,107 | -10,066 |
| Change in accounts payable, accruals and income taxes payable | -7,803 | -18,865 |
| Net change in rou assets and lease liabilities | 18 | 8 |
| Net cash provided by (used in) operating activities | 131 | -30,955 |
| Purchases of property and equipment | 6,971 | 8,669 |
| Investment in convertible note | 0 | 6,000 |
| Acquisitions of businesses, net of cash acquired | 0 | 126,279 |
| Net cash flows used in investing activities | -6,971 | -140,948 |
| Net proceeds from issuance of common stock in initial public offering | 0 | 153,808 |
| Finance lease payments | 996 | 1,896 |
| Proceeds from notes payable | 0 | 375,000 |
| Repayments of notes payable | 937 | 337,115 |
| Payments of debt issuance costs | 0 | 6,541 |
| Proceeds from revolving line of credit | 0 | 30,000 |
| Repayments of revolving line of credit | 0 | 25,000 |
| Repayment of debt assumed in isp acquisition | 0 | 1,919 |
| Cash contributed from (distribution to) members | 0 | 1,474 |
| Net cash provided by financing activities | -1,933 | 187,811 |
| Net increase in cash and cash equivalents | -8,773 | 15,908 |
| Cash and cash equivalents at beginning of period | 11,530 | - |
| Cash and cash equivalents at end of period | 18,665 | - |
Karman Holdings Inc. (KRMN)
Karman Holdings Inc. (KRMN)