For the quarter ending 2026-03-31, TSQ had -$2,312K decrease in cash & cash equivalents over the period. $558K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 2,957 | -4,750 | -5,498 | 498 |
| Impairment of intangible assets, goodwill, investments and long-lived assets | - | 4,313 | 3,098 | 1,500 |
| Gain on sale of investment | - | 0 | 0 | 0 |
| Loss (gain) on extinguishment, repayments and repurchases of debt | - | - | 247 | -1,452 |
| Net gain on sales and retirements of assets | - | 1,315 | 1,621 | 5,903 |
| Depreciation and amortization | 4,696 | 4,789 | 4,646 | 8,973 |
| Amortization of debt discount and deferred financing costs | 1,114 | 1,337 | 1,247 | 2,011 |
| Non-cash lease income | 263 | 401 | 341 | 849 |
| Net deferred taxes and other | -15,792 | 2,597 | -1,235 | 2,901 |
| Allowance for credit losses | 623 | 3,237 | 927 | 1,869 |
| Unrealized gain on investment | - | 0 | 0 | 0 |
| Stock-based compensation expense | 3,731 | 2,732 | 3,066 | 7,978 |
| Loss on extinguishment, repayments and repurchases of debt | - | -1,205 | - | - |
| Loss on extinguishment of debt | 0 | - | - | - |
| Trade and barter activity, net | 592 | 1,154 | 874 | 267 |
| Impairment of intangible assets | 8,588 | - | - | - |
| Net gain on sales and retirements of assets | 501 | - | - | - |
| Amortization of content rights | 370 | 370 | 370 | 739 |
| Change in content rights liabilities | -467 | -456 | -447 | -833 |
| Other | -42 | -282 | -299 | -1,391 |
| Accounts receivable | -2,375 | -388 | -3,635 | 860 |
| Prepaid expenses and other assets | 1,968 | -539 | 0 | 1,762 |
| Accounts payable | -75 | -2,002 | -898 | 5,399 |
| Accrued expenses | -187 | 2,343 | 1,805 | -5,892 |
| Accrued interest | -454 | -92 | -100 | -8,422 |
| Other long-term liabilities | -2 | -163 | 48 | 206 |
| Net cash provided by (used in) operating activities | 4,195 | 12,594 | 7,880 | 10,129 |
| Purchases of property and equipment | 3,637 | 3,402 | 3,555 | 8,265 |
| Net proceeds from sales of assets | 737 | 2,146 | 2,063 | 6,349 |
| Proceeds from insurance recoveries | 9 | 188 | 7 | 10 |
| Net cash used in investing activities | -2,891 | -1,068 | -1,485 | -1,906 |
| Repayment and repurchase of 2026 notes-Secured Senior Note Due2026 | - | 467,436 | - | - |
| Repayment and repurchases of 2026 notes | -467,436 | - | 0 | 467,436 |
| Proceeds from term loan | 0 | 0 | 0 | 446,400 |
| Voluntary repayments of term loan | - | 0 | 5,185 | - |
| Repayment and repurchase of 2026 notes-Secured Senior Note Due2023 | - | 8,813 | - | - |
| Fixed quarterly repayments of term loan | -2,937 | - | 2,937 | 2,938 |
| Deferred financing costs | 0 | 0 | 16 | 4,676 |
| Borrowings under the revolving credit facility | 3,000 | 0 | 8,000 | 10,000 |
| Repayment of borrowings under the revolving credit facility | 0 | 3,000 | 3,000 | 10,000 |
| Dividend payments | 3,687 | 3,377 | 3,270 | 6,558 |
| Proceeds from stock options exercised | 130 | 0 | 162 | 691 |
| Shares withheld in lieu of employee tax withholding | 0 | 46 | 21 | 1,475 |
| Withholdings for shares issued under the espp | 174 | 0 | 307 | 289 |
| Repurchases of stock | - | 0 | 0 | 0 |
| Cash distribution to non-controlling interests | - | 467 | 0 | 1,299 |
| Repayments of capitalized obligations | 295 | 415 | 407 | 705 |
| Net cash used in financing activities | -3,616 | -10,243 | -6,367 | -37,707 |
| Net decrease in cash, cash equivalents and restricted cash | -2,312 | 1,283 | 28 | -29,484 |
| Beginning of period | 4,817 | 29,456 | 32,990 | - |
| End of period | 2,505 | 1,283 | 3,534 | - |
Townsquare Media, Inc. (TSQ)
Townsquare Media, Inc. (TSQ)