For the quarter ending 2025-09-30, MGTEW had -$2,694K decrease in cash & cash equivalents over the period. -$4,805K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -1,293 | -51,023 |
| Depreciation expense | 778 | 1,310 |
| Losses (gains) on loans held for investment, net | 1,312 | -4,667 |
| Noncash portion of fleet servicing fees | 263 | 525 |
| Lease revenue from deposit liability | 0 | 8,043 |
| Gains from disposal of medallions | 22 | 66 |
| Change in fair value of warrant liability | 4 | 41 |
| Provision for income taxes | 1,686 | 49,283 |
| Wav grant receivable | -897 | 3,083 |
| Interest receivable | 105 | -248 |
| Due from related party | 0 | -16 |
| Prepaid expenses and other current assets | 2,083 | 2,194 |
| Operating lease right-of-use asset, net | -106 | -188 |
| Accrued expenses and other liabilities | 974 | 2,691 |
| Management fee payable | 2,023 | 1,683 |
| Loan payments received in advance | 88 | -171 |
| Operating lease liability | -93 | -163 |
| Deposit liability | 0 | 957 |
| Net cash (used in) provided by operating activities | 1,727 | -2,874 |
| Cash acquired in the business combination | 0 | 91 |
| Cash acquired in septuagint acquisition | 0 | 34 |
| Medallion disposal down payments and settlements received | 0 | 430 |
| Purchases of property and equipment | 6,532 | 14,197 |
| Origination of non-mrp+ loans | 0 | 0 |
| Loan repayments | 2,137 | 6,259 |
| Net cash (used in) provided by investing activities | -4,395 | -7,383 |
| Capital distributions to depalma companies equityholders | 0 | 0 |
| Payment of mac promissory notes at closing of the business combination | 0 | -3,675 |
| Payment of mac transaction costs at closing of the business combination | 0 | 7,976 |
| Distributions to noncontrolling interests | 26 | - |
| Net cash used in financing activities | -26 | -11,651 |
| Net (decrease) increase in cash and cash equivalents | -2,694 | -21,908 |
| Cash and cash equivalents at beginning of period | 35,173 | - |
| Cash and cash equivalents at end of period | 10,571 | - |
Marblegate Capital Corp (MGTEW)
Marblegate Capital Corp (MGTEW)