For the year ending 2025-12-31, SEI had $193,452K increase in cash & cash equivalents over the period. -$437,653K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 58,402 |
| Depreciation and amortization | 84,285 |
| Impairment of property, plant and equipment | 0 |
| Gain on sale of kingfisher facility | 0 |
| Stock-based compensation | 23,371 |
| Loss on debt extinguishment | -41,451 |
| Deferred income tax expense | 16,093 |
| Change in payables related to tax receivable agreement | 2,361 |
| Other | -2,738 |
| Accounts receivable | 25,440 |
| Accounts receivable - related party | 0 |
| Prepaid expenses and other assets | 3,701 |
| Inventories | 3,132 |
| Accounts payable | 8,509 |
| Accrued liabilities | 7,027 |
| Deferred revenue | 853 |
| Property tax contingency | 0 |
| Cash settlement of stock-based compensation | -3,713 |
| Net cash provided by operating activities | 209,104 |
| Business acquisition, net of cash acquired | 29,200 |
| Deposit for pending investment | 10,000 |
| Receivable from sellers | 0 |
| Cash received from sellers | 0 |
| Investment in property, plant and equipment and equipment held for lease | 646,757 |
| Proceeds from sale of kingfisher facility | 0 |
| Proceeds from disposal of property, plant and equipment | 3,389 |
| Short-term loan | 7,573 |
| Repayment of short-term loan | 3,786 |
| Net cash used in investing activities | -686,355 |
| Capital contribution from non-controlling interest in stateline | 86,023 |
| Share repurchases and retirements | 0 |
| Class a common stock offering | 0 |
| Distributions to non-controlling interest unitholders | 12,140 |
| Dividend paid to class a common shareholders | 21,759 |
| Payments under finance leases | 3,240 |
| Proceeds from issuance of insurance notes payable | 4,535 |
| Payments under insurance premium financing | 3,622 |
| Cancelled shares withheld for taxes from vesting of restricted stock | 10,546 |
| Payment of liabilities under tax receivable agreement | 3,610 |
| Payment of fees related to class a common stock offering | 0 |
| Borrowings from convertible notes | 902,500 |
| Borrowings from debt financing | 186,009 |
| Repayments of debt financing | 325,000 |
| Payment of fees related to debt extinguishment | 32,095 |
| Payment for capped call transactions related to 2031 notes | 65,582 |
| Payments of financing costs related to debt and convertible notes | 30,770 |
| Net cash provided by (used in) financing activities | 670,703 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 193,452 |
| Cash, cash equivalents and restricted cash at beginning of period | 159,867 |
| Cash, cash equivalents and restricted cash at end of period | 353,319 |
Solaris Energy Infrastructure, Inc. (SEI)
Solaris Energy Infrastructure, Inc. (SEI)