The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net (loss) income | -36,019,566 |
| Stock-based compensation | 5,527,316 |
| Provision for credit losses | 764,646 |
| Depreciation and amortization expense | 39,306,130 |
| Gain on sale of equipment | 257,864 |
| Interest income | 31,866 |
| Amortization of debt issuance costs | 73,666 |
| Deferred income tax expense (benefit) | -7,737,639 |
| Operating lease expense | 2,952,633 |
| Impairment | 27,787,000 |
| Accounts receivable | 3,744,444 |
| Net investment in leases | -325,132 |
| Maintenance supplies | 152,826 |
| Income tax receivable | -81,046 |
| Prepaid expenses and other assets | -889,238 |
| Deposits | 717,141 |
| Accounts payable | -2,305,808 |
| Accrued liabilities | 9,222,528 |
| Operating lease liabilities | -2,780,646 |
| Net cash flows provided by operating activities | 33,181,535 |
| Proceeds from sale of equipment | 1,142,254 |
| Purchases of property and equipment | 3,899,791 |
| Business combinations, net of cash acquired | 8,765,636 |
| Net cash flows (used in) provided by investing activities | -11,523,173 |
| Proceeds from line of credit | 4,000,000 |
| Proceeds from long-term debt | 9,000,000 |
| Repayments of line of credit | 11,000,000 |
| Repayments of long-term debt | 24,682,562 |
| Repayments of finance lease obligations | 88,769 |
| Net cash flows provided by (used in) financing activities | -22,771,331 |
| Net change in cash and cash equivalents | -1,112,969 |
| Cash and cash equivalents, beginning of period | 15,398,714 |
| Cash and cash equivalents, end of period | 14,285,745 |
Proficient Auto Logistics, Inc (PAL)
Proficient Auto Logistics, Inc (PAL)