NINE: the cash flow

MyFinsight

For the quarter ending 2025-09-30, NINE had -$1,280K decrease in cash & cash equivalents over the period. -$13,415K in free cash flow.

Cash Flow	2025-09-30	2025-06-30
Net loss	-14,647	-17,452
Depreciation	5,759	11,633
Amortization of intangibles	2,795	5,592
Amortization of operating leases	3,970	7,135
Amortization of deferred financing costs and non-cash interest	3,899	6,322
Provision for doubtful accounts	0	51
Provision for inventory obsolescence	235	1,135
Stock-based compensation expense	467	1,289
Loss on sale of property and equipment	-61	-366
Loss on revaluation of contingent liability	96	73
Accounts receivable, net	-12,542	12,834
Inventories, net	2,821	4,340
Prepaid expenses and other current assets	-1,613	-592
Accounts payable and accrued expenses	-19,524	12,633
Income taxes receivable/payable	32	417
Operating lease obligations	-3,958	-7,068
Other assets and liabilities	463	733
Net cash used in operating activities	-9,944	4,811
Proceeds from sales of property and equipment	55	107
Purchases of property and equipment	3,471	9,853
Net cash used in investing activities	-3,416	-9,746
Proceeds from issuance of common stock under atm program	0	0
Proceeds from revolving credit facilities	13,000	52,946
Payments on revolving credit facilities	0	51,000
Payments of short-term debt	-913	-2,667
Cost of debt issuance	51	4,507
Principal payments on finance leases	6	20
Payments of contingent liability	0	223
Net cash provided by (used in) financing activities	12,030	-5,471
Impact of foreign currency exchange on cash	50	281
Net decrease in cash and cash equivalents	-1,280	-10,125
Cash and cash equivalents at beginning of period	27,880	-
Cash and cash equivalents at end of period	16,475	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.