NRDS: the cashflow

MyFinsight

For the quarter ending 2025-09-30, NRDS had $15.3M increase in cash & cash equivalents over the period. $48.4M in free cash flow.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Cash Flow	2025-09-30	2025-06-30
Net income (loss)	26.3	8.4
Depreciation and amortization	11.6	25.3
Stock-based compensation	6.7	14.9
Deferred taxes	14.9	-3.4
Non-cash lease costs	0.5	1.3
Other losses, net	-0.5	-1.1
Accounts receivable	24.4	-3.8
Prepaid expenses and other assets	2.5	-1.8
Mortgage loans held for sale	-5.4	9
Accounts payable	1.9	2.9
Accrued expenses and other current liabilities	8	-1.6
Operating lease liabilities	-0.4	-1.7
Other liabilities	0	0.4
Net cash provided by operating activities	48.5	44.2
Purchase of investments	2	0
Capitalized software development costs	4.3	8.1
Purchase of property and equipment	0.1	0.9
Business combination	0	5
Net cash used in investing activities	-6.4	-14
Net borrowing on warehouse line of credit	-5.4	8.7
Proceeds from exercise of stock options	0.4	0.3
Tax payments related to net-share settlements on restricted stock units	2.4	0.8
Issuance of class a common stock under employee stock purchase plan	0	1
Repurchase of class a common stock	19.2	0.3
Net cash used in financing activities	-26.6	8.9
Effect of exchange rate changes on cash and cash equivalents	-0.2	-0.1
Net increase (decrease) in cash and cash equivalents	15.3	39
Cash and cash equivalents at beginning of period	66.3	-
Cash and cash equivalents at end of period	120.6	-

Unit: Million (M) dollars