For the quarter ending 2025-09-30, TH had $11,150K increase in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -757 | -21,377 |
| Depreciation | 15,092 | 28,580 |
| Amortization of intangible assets | 3,372 | 6,731 |
| Noncash operating lease expense | 2,386 | 4,492 |
| Accretion of asset retirement obligation | -33 | -65 |
| Amortization of deferred financing costs | 153 | 424 |
| Amortization of original issue discount | 0 | 440 |
| Loss on extinguishment of debt | 0 | -2,370 |
| Stock-based compensation expense | 1,927 | 3,806 |
| Loss on disposal of specialty rental assets and other property, plant and equipment | 3 | -27 |
| Deferred income taxes | 216 | -4,844 |
| Provision for credit losses on receivables, net of recoveries | 594 | 37 |
| Accounts receivable | -14,130 | 8,200 |
| Prepaid expenses and other assets | -53 | -2,957 |
| Accounts payable and other accrued liabilities | 13,485 | -4,095 |
| Deferred revenue and customer deposits | 5,925 | 7,809 |
| Operating lease obligation | -3,236 | -4,201 |
| Other non-current assets and liabilities | 14 | 20 |
| Net cash provided by operating activities | 53,356 | 15,001 |
| Purchase of specialty rental assets | 16,211 | 24,261 |
| Purchase of property, plant, and equipment | 49 | 650 |
| Net cash used in investing activities | -16,260 | -24,911 |
| Principal payments on finance and finance lease obligations | 623 | 1,184 |
| Principal payments on borrowings from abl facility | 24,000 | 51,000 |
| Repayment of 2025 senior secured notes | 0 | 181,446 |
| Proceeds from borrowings on abl facility | 0 | 75,000 |
| Distributions paid to noncontrolling interest | 56 | 126 |
| Payment of debt extinguishment premium costs | 0 | 1,814 |
| Taxes paid related to net share settlement of equity awards | 1,263 | 973 |
| Net cash used in financing activities | -25,942 | -161,543 |
| Effect of exchange rate changes on cash and cash equivalents | -4 | 22 |
| Net increase (decrease) in cash and cash equivalents | 11,150 | -171,431 |
| Cash and cash equivalents at beginning of period | 190,668 | - |
| Cash and cash equivalents at end of period | 30,387 | - |
Target Hospitality Corp. (TH)
Target Hospitality Corp. (TH)