For the quarter ending 2025-12-31, NOTV had -$9,009K decrease in cash & cash equivalents over the period. -$10,613K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Consolidated net loss | -28,378 | -8,552 | -60,073 |
| Depreciation and amortization | 13,791 | 13,940 | 41,988 |
| Employee stock compensation expense | 1,382 | 1,384 | 4,644 |
| Changes in deferred taxes | -2,337 | -15,777 | -5,835 |
| Provision for expected credit losses | 383 | -41 | -451 |
| Amortization of debt issuance costs and original issue discount | 1,404 | 1,344 | 3,862 |
| Non-cash interest and accretion expense | 2,718 | 3,359 | 9,176 |
| Other non-cash operating activities | -39 | 638 | 1,083 |
| Gain on debt extinguishment | - | 0 | - |
| Goodwill impairment loss | - | 0 | - |
| Trade receivables and contract assets | -14,686 | -508 | 4,338 |
| Inventories | -1,414 | 741 | 26,846 |
| Prepaid expenses and other current assets | -12,304 | 4,376 | -6,877 |
| Operating lease right-of-use assets and liabilities, net | 221 | 881 | 1,382 |
| Accounts payable | -4,230 | 951 | 11,384 |
| Accrued expenses and other current liabilities | -3,620 | 10,714 | 3,340 |
| Fees invoiced in advance | -14,479 | 10,993 | -1,868 |
| Other asset and liabilities, net | 653 | 920 | 9,085 |
| Net cash used in operating activities | -5,433 | 14,305 | -24,760 |
| Capital expenditures | 5,180 | 2,677 | 13,938 |
| Proceeds from sale of property and equipment | - | 2,202 | 1,522 |
| Cash paid for other investing activities | - | 0 | - |
| Net cash used in investing activities | -5,180 | -475 | -12,416 |
| Payments on revolving credit facility | 0 | 3,000 | 20,000 |
| Payments on senior term notes and delayed draw term loans | 1,428 | 691 | 4,254 |
| Borrowings on revolving credit facility | 3,000 | 6,000 | 20,000 |
| Issuance of second lien notes | - | 0 | - |
| Issuance of common shares | 0 | 0 | 27,524 |
| Borrowings on delayed draw term loans | - | 0 | - |
| Other financing activities, net | -36 | -691 | -1,187 |
| Net cash provided by financing activities | 1,536 | 1,618 | 22,083 |
| Effect of exchange rate changes on cash and cash equivalents | 68 | 78 | -124 |
| Net (decrease) increase in cash and cash equivalents | -9,009 | 15,526 | -15,217 |
| Cash and cash equivalents at beginning of period | 21,741 | 21,432 | - |
| Cash and cash equivalents at end of period | 12,732 | 21,741 | - |
Inotiv, Inc. (NOTV)
Inotiv, Inc. (NOTV)