ROOT: the cash flow

MyFinsight

For the year ending 2025-12-31, ROOT had $89,600K increase in cash & cash equivalents over the period. $206,500K in free cash flow.

Cash Flow	2025-12-31
Net income (loss)	40,300
Share-based compensation	40,100
Warrant compensation expense	19,200
Depreciation and amortization	11,800
Bad debt expense	36,700
Loss on extinguishment of debt	0
Gain on lease modification	0
Premiums receivable	64,200
Reinsurance recoverable and receivable	-20,800
Prepaid reinsurance premiums	-18,800
Other assets	14,600
Losses and loss adjustment expenses reserves	70,400
Unearned premiums	39,800
Reinsurance premiums payable	-30,400
Accounts payable and accrued expenses	2,700
Other liabilities	15,100
Net cash provided by (used in) operating activities	206,500
Purchases of investments	147,400
Proceeds from maturities, call and pay downs of investments	67,800
Sales of investments	2,000
Capitalization of internally developed software	14,100
Purchases of fixed assets	0
Net cash used in investing activities	-91,700
Proceeds from exercise of stock options and restricted stock units	300
Taxes paid related to net share settlement of equity awards	25,500
Payment of preferred stock and related warrants issuance costs	0
Proceeds from issuance of debt and related warrants, net of issuance costs	0
Repayments of long-term debt	0
Net cash used in financing activities	-25,200
Net increase (decrease) in cash, cash equivalents, restricted cash, and restricted cash equivalents	89,600
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of year	600,300
Cash, cash equivalents, restricted cash, and restricted cash equivalents at end of year	689,900

Unit: Thousand (K) dollars (except for numbers of shares and EPS).