For the quarter ending 2025-09-30, TISI had -$5,897K decrease in cash & cash equivalents over the period. $1,044K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Other, net | - | 38 |
| Net loss | -11,447 | -33,984 |
| Depreciation and amortization | 8,747 | 16,929 |
| Write-off of software cost | - | 45 |
| Loss on debt extinguishment | -1,283 | -11,853 |
| Amortization of debt issuance costs, debt discounts, and deferred financing costs | 1,331 | 2,608 |
| Paid-in-kind (pik) interest | 2,013 | 6,541 |
| Allowance for credit losses | 1,104 | 788 |
| Foreign currency loss | 1,136 | -3,749 |
| Deferred income taxes | -357 | 851 |
| Loss (gain) on asset disposal | 80 | 0 |
| Non-cash compensation costs | 352 | 313 |
| Other, net | 167 | - |
| Accounts receivable | -11,252 | 31,187 |
| Inventory | 60 | 2,663 |
| Prepaid expenses and other assets | 2,537 | -161 |
| Accounts payable | -4,180 | -1,486 |
| Other accrued liabilities | -2,895 | -4,999 |
| Income taxes | -47 | 216 |
| Net cash provided by (used in) operating activities | 3,883 | -32,005 |
| Capital expenditures | 2,839 | 4,316 |
| Proceeds from disposal of assets | 82 | 0 |
| Net cash used in investing activities | -2,757 | -4,316 |
| Borrowings under revolving credit loans-Revolving Credit Loans | 70,500 | 37,000 |
| Payments under revolving credit loans-Revolving Credit Loans | 100,500 | 17,018 |
| Payments under corre delayed draw term loan and me/re loans-Delayed Draw Term Loan | 0 | 35,700 |
| Payments under corre uptiered loan-Corre Uptier Debt | 0 | 55,894 |
| Borrowings under first lien term loan-HPSFirst Lien Term Loan | 0 | 175,000 |
| Payments under corre delayed draw term loan and me/re loans-HPSFirst Lien Term Loan | 437 | 438 |
| Payments under corre delayed draw term loan and me/re loans-Corre Second Lien Term Loan | 41,803 | - |
| Payments under corre delayed draw term loan and me/re loans-MERELoans | 0 | 23,427 |
| Payments under corre incremental term loan | 0 | 48,015 |
| Payments for debt issuance costs | 2,513 | 8,899 |
| Proceeds from issuance of series b preferred stock and warrants | 75,000 | - |
| Issuance cost related to series b preferred stock and warrants | 7,023 | - |
| Other | -209 | -1,448 |
| Net cash provided by (used) in financing activities | -6,985 | 21,161 |
| Effect of exchange rate changes on cash | -38 | 324 |
| Net decrease in cash and cash equivalents | -5,897 | -14,836 |
| Cash and cash equivalents at beginning of period | 35,545 | - |
| Cash and cash equivalents at end of period | 14,812 | - |
TEAM INC (TISI)
TEAM INC (TISI)