For the quarter ending 2026-03-31, PPSI had -$1,376K decrease in cash & cash equivalents over the period. -$1,120K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -2,508 | -1,392 | -2,350 | -2,257 |
| Gain on sale of pcep business | - | 0 | - | - |
| Write-off of costs related to contract settlement | - | -238 | - | - |
| Loss on disposal of property and equipment | - | - | -154 | -29 |
| Depreciation | 265 | 274 | 227 | 526 |
| Assets held for sale | - | 0 | - | - |
| Loss on disposal of property and equipment | - | -112 | - | - |
| Amortization of financing lease right-of-use assets | 33 | 45 | 36 | 56 |
| Liabilities held for sale | - | 0 | - | - |
| Selling profit on sales-type leases | - | 586 | 0 | 749 |
| Amortization of right-of-use operating leases | - | - | 60 | 117 |
| Non cash lease expense | 60 | 228 | - | - |
| Provision for credit losses | 55 | 8 | 5 | 107 |
| Stock-based compensation | 10 | 10 | 10 | 15 |
| Income taxes | - | -756 | 649 | -3,972 |
| Gain on change in consideration due to buyer | - | 0 | 0 | 1,147 |
| Loss attributable to equity method investee | -644 | -403 | -438 | 240 |
| Accounts receivable, net | 284 | -1,731 | -273 | -2,787 |
| Inventories | -481 | -303 | 815 | -705 |
| Prepaid expenses and other assets | -236 | 757 | -534 | -826 |
| Accounts payable, accrued liabilities and other liabilities | -110 | -395 | 99 | -598 |
| Deferred revenue | 250 | -80 | -52 | -68 |
| Lease receivables | -62 | - | - | - |
| Operating lease liabilities | -81 | -64 | -85 | -100 |
| Net cash (used in) provided by operating activities | -887 | -1,038 | -817 | -3,963 |
| Proceeds from sale of pcep business, net of transaction costs | - | 0 | - | - |
| Purchase of property and equipment | 233 | 1,145 | 792 | 740 |
| Payment of consideration payable | - | 0 | 0 | 2,200 |
| Dividend received from equity method investee | - | 0 | 981 | - |
| Investment in equity method investee | 226 | - | - | - |
| Net cash used in investing activities | -459 | -1,145 | 189 | -2,940 |
| Net proceeds from the exercise of options for common stock | 2 | 0 | - | - |
| Net proceeds from issuance of common stock | - | 0 | - | 0 |
| Payment of cash dividend | - | 0 | 0 | 16,665 |
| Principal repayments of financing leases | 32 | 46 | 35 | 55 |
| Payments for tax withholding related to vesting of restricted stock units | - | 148 | - | - |
| Net cash used in financing activities | -30 | -194 | -35 | -16,720 |
| Decrease in cash | -1,376 | -2,377 | -663 | -23,623 |
| Cash, beginning of period | 14,959 | 17,336 | 41,622 | - |
| Cash, end of period | 13,583 | 14,959 | 17,336 | - |
PIONEER POWER SOLUTIONS, INC. (PPSI)
PIONEER POWER SOLUTIONS, INC. (PPSI)