For the year ending 2025-12-31, TH had -$182,320K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -37,077 |
| Depreciation | 59,911 |
| Amortization of intangible assets | 13,475 |
| Noncash operating lease expense | 9,075 |
| Accretion of asset retirement obligation | -132 |
| Amortization of deferred financing costs | 736 |
| Amortization of original issue discount | 440 |
| Stock-based compensation expense | 7,552 |
| (gain) loss on sale of specialty rental assets and other property, plant and equipment | -13 |
| Loss on extinguishment of debt | -2,370 |
| Deferred income taxes | -6,959 |
| Provision for credit losses on receivables, net of recoveries | 703 |
| Accounts receivable | 7,512 |
| Prepaid expenses and other assets | -545 |
| Accounts payable and other accrued liabilities | 23,147 |
| Deferred revenue and customer deposits | 17,339 |
| Operating lease obligation | -9,756 |
| Other non-current assets and liabilities | 42 |
| Net cash provided by operating activities | 74,092 |
| Purchase of specialty rental assets | 67,039 |
| Purchase of property, plant, and equipment | 751 |
| Net cash used in investing activities | -67,790 |
| Principal payments on finance and finance lease obligations | 2,344 |
| Principal payments on borrowings from abl facility | 75,000 |
| Proceeds from borrowings on abl facility | 75,000 |
| Repayment of senior notes | 181,446 |
| Distributions paid to noncontrolling interest | 260 |
| Payment of deferred financing costs | 535 |
| Taxes paid related to net share settlement of equity awards | 2,242 |
| Payment of debt extinguishment premium costs | 1,814 |
| Net cash used in financing activities | -188,641 |
| Effect of exchange rate changes on cash and cash equivalents | 19 |
| Net increase (decrease) in cash and cash equivalents | -182,320 |
| Cash and cash equivalents - beginning of period | 190,668 |
| Cash and cash equivalents - end of period | 8,348 |
Target Hospitality Corp. (TH)
Target Hospitality Corp. (TH)