For the quarter ending 2025-09-30, SEAT had -$8,273K decrease in cash & cash equivalents over the period. $502K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -19,713 | -273,115 |
| Depreciation and amortization | 13,723 | 23,966 |
| Amortization of leases | -445 | -720 |
| Amortization of deferred financing costs | 250 | 485 |
| Equity-based compensation | 11,483 | 22,403 |
| Change in fair value of intermediate warrants | -864 | -4,849 |
| Loss on asset disposals | -184 | -196 |
| Change in fair value of derivative asset | -268 | -573 |
| Deferred income tax expense | 79 | 76,707 |
| Non-cash interest expense (income) - net | 165 | 334 |
| Foreign currency loss (gain) - net | -1,211 | 3,574 |
| Loss on extinguishment of debt | 0 | -801 |
| Adjustment of liabilities under tra | -615 | -149,172 |
| Impairment charges | 0 | 320,449 |
| Write-off of 2024 sponsorship loan | 0 | -2,024 |
| Accounts receivable - net | -10,933 | 906 |
| Inventory - net | -9,051 | 13,018 |
| Prepaid expenses and other current assets | -2,641 | -3,613 |
| Accounts payable | -4,848 | -29,394 |
| Accrued expenses and other current liabilities | -11,507 | -28,104 |
| Deferred revenue | -1,855 | -3,826 |
| Long-term lease liabilities | -646 | -1,085 |
| Other assets and liabilities - net | 9,873 | -864 |
| Net cash provided by (used in) operating activities | 512 | -53,908 |
| Disbursement of 2024 sponsorship loan | 0 | - |
| Purchases of property and equipment | 10 | 2,043 |
| Purchases of personal seat licenses | 30 | 960 |
| Investments in developed technology | 4,192 | 8,341 |
| Purchases of seat images | 365 | 321 |
| Net cash used in investing activities | -4,597 | -11,665 |
| Payments of loan-Two Thousand Twenty Two First Lien Loan | 0 | 0 |
| Payments of shoko chukin bank loan | 0 | 0 |
| Proceeds from (repayments of) lines of credit-Two Thousand Twenty Four First Lien Loan | 0 | 0 |
| Repurchases of class a common stock | 2,430 | 15,862 |
| Payments for taxes related to net settlement of equity incentive awards | 106 | 1,742 |
| Repurchase and retirement of fractional shares resulting from reverse stock split value | -5 | - |
| Tax distributions to redeemable noncontrolling interests | 0 | 1,689 |
| Payments of liabilities under tra | 0 | -4,005 |
| Payments of deferred financing costs and other debt-related expenses | 0 | 162 |
| Payments of loan-Two Thousand Twenty Four First Lien Loan | 0 | 76,986 |
| Proceeds from first lien loan-Two Thousand Twenty Five First Lien Loan | 0 | 76,986 |
| Payments of loan-Two Thousand Twenty Five First Lien Loan | 981 | 983 |
| Payments of acquired domain name obligation | 500 | 1,000 |
| Net cash provided by (used in) financing activities | -4,022 | -25,443 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -166 | 354 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -8,273 | -90,662 |
| Cash and cash equivalents at beginning of period | 244,648 | - |
| Cash and cash equivalents at end of period | 145,713 | - |
Vivid Seats Inc. (SEAT)
Vivid Seats Inc. (SEAT)