For the year ending 2025-12-31, MGTEW had -$9,333K decrease in cash & cash equivalents over the period. $922K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Total revenue | 48,532 |
| General and administrative | 17,547 |
| Professional fees | 10,133 |
| Fleet Servicing Fees Net | 6,247 |
| Fleet Servicing Fees Net | 6,247 |
| Fleet servicing fees, net | 6,247 |
| Expense Related To Servicing Fees | 4,536 |
| Expense Related To Servicing Fees | 4,536 |
| Service fee expense | 4,536 |
| Management Fee Expense | 5,929 |
| Management fee expense - related party | 5,929 |
| Depreciation | 3,331 |
| Depreciation | 3,331 |
| Depreciation expense | 3,331 |
| Total operating expenses | 47,723 |
| Other income | 9,269 |
| (provision for) benefit from income taxes | 54,140 |
| Net income (loss) | -44,062 |
| Depreciation expense | 3,331 |
| Gains on loans held for investment, net | 8,615 |
| Noncash portion of fleet servicing fees | 1,050 |
| Noncash lease expense | 51 |
| Gains from disposal of medallions | 88 |
| Change in fair value of warrant liability | 21 |
| Deferred income taxes | -54,140 |
| Due from related party | -16 |
| Prepaid expenses and other current assets | 4,039 |
| Accrued expenses and other liabilities | -168 |
| Service fee payable | 731 |
| Management fee payable | 5,929 |
| Deposit liability | -7,086 |
| Net cash (used in) provided by operating activities | 1,169 |
| Cash acquired in the business combination | 91 |
| Cash acquired in signal taxi acquisition | 34 |
| Medallion disposal down payments and settlements received | 430 |
| Purchases of rental vehicles | 38,656 |
| Asset-based wav grant receipts | 8,000 |
| Purchases of property and equipment | 247 |
| Purchases of non-mrp+ loans | 0 |
| Repayments on loans held for investment | 10,146 |
| Tml asset acquisition, net of cash acquired | 15,909 |
| Net cash (used in) provided by investing activities | -36,111 |
| Capital distributions to depalma companies equityholders | 0 |
| Payment of mac promissory notes at closing of the business combination | -3,675 |
| Payment of mac transaction costs at closing of the business combination | 7,976 |
| Distributions to noncontrolling interests | 3,138 |
| Proceeds from term loan | 17,220 |
| Proceeds from credit facility | 25,000 |
| Payment of issuance costs on term loan and credit facility | 1,822 |
| Net cash provided by (used in) financing activities | 25,609 |
| Net decrease in cash and cash equivalents and restricted cash | -9,333 |
| Cash and cash equivalents and restricted cash, at beginning of year | 35,173 |
| Cash and cash equivalents and restricted cash, at end of year | 25,840 |
Marblegate Capital Corp (MGTEW)
Marblegate Capital Corp (MGTEW)