For the quarter ending 2026-03-31, SEZL had $44,990K increase in cash & cash equivalents over the period. $88,627K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Effect of exchange rate changes on cash | - | - | 809 | - |
| Fair value adjustment on warrants | - | 0 | 0 | 0 |
| Net income | 51,303 | 42,691 | 26,671 | 63,768 |
| Depreciation and amortization | 436 | 389 | 369 | 598 |
| Provision for credit losses | 13,675 | 23,674 | 32,177 | 33,447 |
| Provision for other credit losses | 6,855 | 12,661 | 12,291 | 8,523 |
| Discount on notes receivable | 345 | 735 | - | - |
| Equity based compensation and restricted stock vested | 1,321 | 1,340 | 2,409 | 2,771 |
| Amortization of debt issuance costs | 241 | 202 | 111 | 219 |
| Impairment losses on long-lived assets | 0 | 0 | 2 | 66 |
| Loss on extinguishment of line of credit | - | 0 | 0 | 0 |
| Gain on sale of fixed assets | -2 | 7 | -2 | 16 |
| Deferred income taxes | -2,106 | -172 | 977 | 2,485 |
| Notes receivable | - | - | 31,376 | 53,796 |
| Other receivables | - | 11,416 | 15,688 | 8,917 |
| Prepaid expenses and other assets | - | -4,558 | -254 | 11,606 |
| Other assets | 5,374 | - | - | - |
| Merchant accounts payable | 1,322 | -1,591 | -2,514 | -8,931 |
| Other payables | 15,074 | -3,554 | 3,234 | -1,496 |
| Other liabilities | 6,329 | 487 | 3,586 | -4,645 |
| Deferred revenue | 240 | 585 | 586 | 22 |
| Operating leases | 5 | 5 | 5 | 30 |
| Net cash provided from operating activities | 88,978 | 154,289 | 33,096 | 22,522 |
| Purchases and originations of notes receivable, net of proceeds from repayments | 21,404 | 178,874 | - | - |
| Purchase of property and equipment | 351 | 61 | 163 | 431 |
| Internally developed intangible asset additions | 738 | 531 | 612 | 897 |
| Net cash (used for) provided from investing activities | -22,493 | -179,466 | -775 | -1,328 |
| Proceeds from line of credit | 100,000 | 75,060 | 10,800 | 95,000 |
| Payments to line of credit | 95,760 | 51,800 | 24,100 | 68,700 |
| Stock subscriptions collected related to stock option exercises | - | 0 | 44 | 0 |
| Proceeds from warrant exercises | - | 0 | 0 | 0 |
| Payments of debt issuance costs | 100 | 782 | 0 | 10 |
| Proceeds from stock option exercises | 111 | 113 | 54 | 3,564 |
| Repurchase of common stock | 25,746 | 30,025 | 3,967 | 30,663 |
| Net cash used for financing activities | -21,495 | -7,434 | -17,169 | -809 |
| Net increase in cash, cash equivalents, and restricted cash | 44,990 | -32,611 | 15,152 | 20,385 |
| Cash, cash equivalents, and restricted cash, beginning of period | 134,656 | - | 98,310 | - |
| Cash, cash equivalents, and restricted cash, end of period | 147,386 | - | 134,656 | - |
Sezzle Inc. (SEZL)
Sezzle Inc. (SEZL)