For the quarter ending 2025-09-30, TE had $40,070K increase in cash & cash equivalents over the period. $54,984K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|
| Net loss | -130,559 | -31,909 | -16,239 |
| Share-based compensation expense | 1,883 | 1,281 | 3,939 |
| Depreciation and amortization | 25,032 | 28,920 | 14,678 |
| Impairment of intangible assets | 53,208 | - | - |
| Change in fair value of derivative liabilities | -30,868 | 1,048 | 25,229 |
| Loss on settlement of warrant liability | -5,836 | - | - |
| Gain on sale of property and equipment | 0 | 0 | 5,675 |
| Accretion of discount on long-term debt | 4,399 | 3,283 | 4,640 |
| Reduction in the carrying amount of right-of-use assets | 1,766 | 1,570 | 1,689 |
| Warrant liability fair value adjustment | -1,521 | 220 | -1,567 |
| Deferred income taxes | -12,405 | -5,999 | -995 |
| Share of net loss of equity method investee | 0 | 0 | -425 |
| Foreign currency transaction net unrealized loss (gain) | -6 | 0 | -251 |
| Write-down of held for sale assets | 3,793 | - | - |
| Other | 1,208 | -1,571 | -1,311 |
| Accounts receivable trade | 44,312 | 16,579 | 18,005 |
| Advances to suppliers and other current assets | - | -30,262 | 358 |
| Government grants receivable | 48,408 | 30,577 | 13,393 |
| Inventory | -74,264 | -6,810 | 58,483 |
| Advances to suppliers and other current assets | -25,107 | - | - |
| Accounts payable, accrued liabilities and other | 119,587 | 18,208 | 56,827 |
| Deferred revenue | -13,574 | 27,418 | 11,370 |
| Net cash (used in) provided by operating activities | 63,858 | 33,431 | -44,814 |
| Proceeds from the return of property and equipment deposits | 0 | 0 | 1,202 |
| Purchases of property and equipment | 8,874 | 22,802 | 29,141 |
| Proceeds from the sale of property and equipment | 0 | 0 | 50,000 |
| Net cash used in investing activities | -8,874 | -22,802 | 22,061 |
| Repayment of debt | 14,920 | 14,874 | - |
| Debt fees paid | 0 | 0 | 3,760 |
| Payment for non-controlling interest | 0 | - | - |
| Net cash used in financing activities | -14,920 | -14,874 | -3,760 |
| Effect of changes in foreign exchange rates on cash, cash equivalents, and restricted cash | 6 | -182 | 959 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 40,070 | -4,427 | -25,554 |
| Cash and cash equivalents at beginning of period | 76,645 | - | - |
| Cash and cash equivalents at end of period | 86,734 | - | - |
T1 Energy Inc. (TE)
T1 Energy Inc. (TE)