LPG: the cash flow

MyFinsight

Cash Flow	2026-03-31
Net income	193,665,933
Depreciation and amortization	71,743,685
Non-cash lease expense	40,475,341
Amortization of financing costs	1,144,442
Unrealized loss/(gain) on derivatives	-1,160,068
Stock-based compensation expense	11,028,854
Unrealized foreign currency (gain)/loss, net	120,516
Other non-cash items, net	960,549
Trade receivables, inventories, prepaid expenses, and other current and non-current assets	7,500,481
Due from related parties	48,947,283
Operating lease liabilities - current and long-term	-40,433,457
Trade accounts payable	-1,070,501
Accrued expenses and other liabilities	6,981,986
Due to related parties	-39,339
Payments for drydocking costs	16,984,571
Net cash provided by operating activities	210,143,612
Payments for vessels under construction and other capital expenditures for vessels	93,843,962
Net cash used in investing activities	-93,843,962
Proceeds from long-term debt borrowings	62,900,531
Repayment of long-term debt borrowings	54,504,778
Repurchase of common stock	7,012,220
Financing costs paid	2,276,557
Dividends paid	105,007,158
Net cash used in financing activities	-105,900,182
Effects of exchange rates on cash and cash equivalents	135,875
Net increase in cash, cash equivalents, and restricted cash	10,535,343
Cash, cash equivalents, and restricted cash at the beginning of the period	316,953,612
Cash, cash equivalents, and restricted cash at the end of the period	327,488,955

Unit: Dollar.