For the quarter ending 2026-03-31, NN had -$14,159K decrease in cash & cash equivalents over the period. -$10,051K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -10,621 | -67,962 | 483 | -121,774 |
| Depreciation and amortization | 1,534 | 1,402 | 3,546 | 2,802 |
| Equity-based compensation | 5,089 | 4,098 | 4,565 | 7,974 |
| Change in fair value of warrants | -3,430 | 7,707 | -4,801 | 2,795 |
| Debt extinguishment loss | 0 | 0 | 0 | -13,734 |
| Issuance of common warrants | 0 | 0 | 0 | 9,006 |
| Change in fair value of derivative liability | 9,175 | -40,777 | 18,774 | -55,181 |
| Change in fair value of asset purchase agreement liability | - | 0 | 0 | 0 |
| Realized and unrealized gain on short term investments | 960 | 862 | 1,044 | 1,160 |
| Equity method investment loss | -67 | 177 | -45 | -74 |
| Asset retirement obligation accretion | 50 | 26 | 26 | 52 |
| Amortization of debt discount | 2,776 | 2,688 | 2,603 | 4,275 |
| Accounts receivable | -966 | 914 | -805 | -1,064 |
| Other current assets | 622 | -280 | -407 | 918 |
| Other assets | -22 | -46 | -54 | -67 |
| Accounts payable | 841 | -176 | -773 | 752 |
| Deferred revenue | 142 | 69 | 69 | 65 |
| Accrued expenses and other liabilities | 3,203 | -3,121 | 3,603 | -120 |
| Operating lease right-of-use assets and liabilities | 77 | 42 | 221 | 428 |
| Net cash used in operating activities | -10,041 | -16,077 | -8,965 | -25,703 |
| Purchases of network assets, property, and equipment | 10 | -15 | 8 | 57 |
| Purchase of equity method investment | - | 550 | - | - |
| Payment for asset purchase agreement liability | - | 0 | 0 | 0 |
| Purchase of internal use software | 126 | 114 | 110 | 200 |
| Purchase of marketable securities | 88,020 | 87,036 | 62,353 | 132,141 |
| Sale and maturity of marketable securities | 84,000 | 58,100 | 103,000 | 56,900 |
| Net cash (used in) provided by investing activities | -4,156 | -29,585 | 40,529 | -75,498 |
| Proceeds from 2028 senior convertible notes | 0 | 0 | 0 | 190,000 |
| Repayment of 2026 senior secured notes | - | 70,700 | - | - |
| Repayment of 2026 senior secured notes | 0 | -70,584 | 700 | 70,000 |
| Payments towards debt issuance cost | 0 | 0 | 0 | 1,517 |
| Payments towards debt | -56 | - | 30 | 56 |
| Proceedsfromexerciseof common warrants | 13 | 92 | 184 | 582 |
| Redemption of non-controlling interests | - | 0 | 0 | 0 |
| Proceeds from exercise of common stock options | 250 | 343 | 192 | 1,422 |
| Net cash provided by financing activities | 233 | 405 | -354 | 120,431 |
| Effect of exchange rates on cash and cash equivalents | -195 | 20 | -82 | 306 |
| Net (decrease) increase in cash and cash equivalents | -14,159 | -45,237 | 31,128 | 19,536 |
| Cash and cash equivalents at beginning of period | 44,757 | 89,994 | 39,330 | - |
| Cash and cash equivalents at end of period | 30,598 | 44,757 | 89,994 | - |
NEXTNAV INC. (NN)
NEXTNAV INC. (NN)