SEZL: the cash flow

MyFinsight

For the year ending 2025-12-31, SEZL had $2,926K increase in cash & cash equivalents over the period. $209,252K in free cash flow.

Cash Flow	2025-12-31
Net income	133,130
Depreciation and amortization	1,356
Provision for credit losses	89,298
Provision for other credit losses	33,475
Discount on notes receivable	735
Equity based compensation and restricted stock vested	6,520
Amortization of debt issuance costs	532
Fair value adjustment on warrants	0
Impairment losses on long-lived assets	68
Gain on sale of fixed assets	21
Loss on extinguishment of line of credit	0
Deferred income taxes	3,290
Other receivables	36,021
Prepaid expenses and other assets	6,794
Merchant accounts payable	-13,036
Other payables	-572
Accrued and other liabilities	-1,816
Deferred revenue	1,193
Operating leases	40
Net cash provided from operating activities	209,907
Purchases and originations of notes receivable, net of proceeds from repayments	178,874
Purchase of property and equipment	655
Internally developed intangible asset additions	2,040
Net cash used for investing activities	-181,569
Proceeds from line of credit	180,860
Payments to line of credit	144,600
Payments of debt issuance costs	792
Proceeds from stock option exercises	3,731
Stock subscriptions collected related to stock option exercises	44
Proceeds from warrant exercises	0
Repurchase of common stock	64,655
Net cash used for financing activities	-25,412
Net increase in cash, cash equivalents, and restricted cash	2,926

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