For the year ending 2025-12-31, SEATW had -$141,342K decrease in cash & cash equivalents over the period. -$93,763K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -721,490 |
| Depreciation and amortization | 49,392 |
| Amortization of leases | -1,514 |
| Amortization of deferred financing costs | 970 |
| Equity-based compensation | 36,734 |
| Change in fair value of warrants | -5,924 |
| Loss on asset disposals | -555 |
| Change in fair value of derivative asset | -2,201 |
| Deferred income tax expense (benefit) | 74,746 |
| Non-cash interest income - net | 651 |
| Unrealized foreign currency loss (gain) | 126 |
| Adjustment of liabilities under tra | -150,719 |
| Loss on extinguishment of debt | -801 |
| Impairment charges | 723,023 |
| Write-off of sponsorship loan | -2,024 |
| Change in fair value of contingent consideration | 0 |
| Accounts receivable - net | -17,545 |
| Inventory - net | -1,434 |
| Prepaid expenses and other current assets | -5,820 |
| Accounts payable | -79,463 |
| Accrued expenses and other current liabilities | -35,787 |
| Deferred revenue | -3,831 |
| Long-term lease liabilities | -2,302 |
| Other assets and liabilities - net | 9,367 |
| Net cash provided by operating activities | -91,599 |
| Purchases of property and equipment | 2,164 |
| Purchases of personal seat licenses | 983 |
| Investments in developed technology | 16,108 |
| Purchases of seat images | 919 |
| Disbursement of sponsorship loan | 0 |
| Payments toward acquired domain name obligation | 0 |
| Transfer of cash consideration during 2023 acquisitions, net of cash acquired | 0 |
| Investment in note and warrant | 0 |
| Net cash used in investing activities | -20,174 |
| Payments of loan-Two Thousand Twenty Two First Lien Loan | 0 |
| Payments of shoko chukin bank loan | 0 |
| Proceeds of loan-Two Thousand Twenty Four First Lien Loan | 0 |
| Repurchases of class a common stock | 18,295 |
| Tax distributions to redeemable noncontrolling interests | 1,689 |
| Payments of taxes related to net settlement of equity incentive awards | 1,886 |
| Payments of deferred financing costs and other debt-related expenses | 162 |
| Payment of liabilities under tra | -4,005 |
| Payments of loan-Two Thousand Twenty Four First Lien Loan | 76,986 |
| Proceeds from 2024 first lien loan-Two Thousand Twenty Five First Lien Loan | 76,986 |
| Payments of loan-Two Thousand Twenty Five First Lien Loan | 2,948 |
| Payments of acquired domain name obligation | 2,000 |
| Mergers and exchange of class b common stock for class a common stock in connection with corporate simplification | 1,621 |
| Repurchase and retirement of fractional shares resulting from reverse stock split value | -5 |
| Cash paid for milestone payments | 0 |
| Net cash provided by (used in) financing activities | -29,369 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | -200 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -141,342 |
| Cash, cash equivalents, and restricted cash - beginning of period | 244,648 |
| Cash, cash equivalents, and restricted cash - end of period | 103,306 |
Vivid Seats Inc. (SEATW)
Vivid Seats Inc. (SEATW)