For the quarter ending 2026-03-31, PRPL had $610K increase in cash & cash equivalents over the period. $1,377K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net loss | -30,576 | -3,226 | -48,285 |
| Depreciation and amortization | 4,427 | 4,405 | 19,659 |
| Non-cash interest | 3,736 | 3,879 | 9,537 |
| Paid-in-kind interest | 4,504 | 4,538 | 11,266 |
| Non-cash restructuring, impairment and other related charges | - | 0 | 3,775 |
| Loss on disposal of property and equipment | -66 | 0 | -318 |
| Change in fair value warrant liabilities | 6,958 | -5,883 | -11,319 |
| Stock-based compensation | 156 | 464 | 1,265 |
| Accounts receivable | -20,129 | 16,062 | -7,847 |
| Inventories | -1,637 | -6,045 | 8,907 |
| Prepaid expenses and other assets | -789 | -2,386 | -755 |
| Operating leases, net | -897 | -837 | -2,080 |
| Accounts payable | 1,377 | 4,525 | -4,464 |
| Accrued compensation | -1,760 | -92 | -1,650 |
| Customer prepayments | -538 | 67 | -1,202 |
| Accrued rebates and allowances | -4,843 | -404 | 307 |
| Accrued warranty liabilities | 768 | -5,087 | -407 |
| Other accrued liabilities | -2,944 | -518 | -4,445 |
| Loss on extinguishment of debt | - | 0 | - |
| Loss on impairment of goodwill | - | 0 | - |
| Net cash provided by (used in) operating activities | 2,989 | -5,800 | -28,030 |
| Sale of property and equipment | - | 0 | 464 |
| Purchase of property and equipment | 1,612 | 2,003 | 6,076 |
| Investment in intangible assets | 421 | 210 | 454 |
| Excess restricted cash returned to acquiree | - | 0 | - |
| Net cash used in investing activities | -2,033 | -2,213 | -6,066 |
| Proceeds from related party loan | - | 0 | 39,000 |
| Payments for debt issuance costs | 346 | 0 | 1,557 |
| Proceeds from term loan | - | 0 | - |
| Proceeds from revolving line of credit | - | 0 | - |
| Payments on term loan | - | 0 | - |
| Payments on revolving line of credit | - | 0 | - |
| Proceeds from stock offering | - | 0 | - |
| Payments for stock offering costs | - | 0 | - |
| Proportional representation preferred linked stock redemption fee | - | 0 | - |
| Tax receivable agreement payments | - | 0 | - |
| Net cash provided by (used in) financing activities | -346 | 0 | 37,443 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | - | -8,013 | - |
| Net increase (decrease) in cash and cash equivalents | 610 | -8,013 | 3,347 |
| Cash and cash equivalents, beginning of the period | 24,345 | 32,358 | 29,011 |
| Cash and cash equivalents, end of the period | 24,955 | 24,345 | 32,358 |
Purple Innovation, Inc. (PRPL)
Purple Innovation, Inc. (PRPL)