For the quarter ending 2025-09-30, VSEC had -$8,122K decrease in cash & cash equivalents over the period. $18,040K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net (loss) income | 3,912 | -5,776 |
| Depreciation and amortization | 10,190 | 19,540 |
| Amortization of debt issuance cost | 199 | 1,067 |
| Deferred taxes | -15,643 | -3,474 |
| Earn-out receivable adjustment | - | 5,900 |
| Stock-based compensation | 3,245 | 6,663 |
| Impairment and loss on sale of business segments | 157 | -47,203 |
| Loss on sale of property and equipment | 0 | -10 |
| Lease abandonment and termination costs | 0 | 0 |
| Earn-out receivable fair value adjustments | 29,200 | - |
| Interest income on note receivable | 1,342 | - |
| Receivables | -6,808 | 30,051 |
| Contract assets | -15 | 2,969 |
| Inventories | 1,044 | 25,478 |
| Prepaid expenses and other current assets and other assets | -17,153 | 26,144 |
| Operating lease assets and liabilities, net | -2,410 | 1,573 |
| Accounts payable and deferred compensation | -28,343 | -13,724 |
| Accrued expenses and other liabilities | 3,386 | -5,935 |
| Net cash used in operating activities | 24,089 | -34,741 |
| Purchases of property and equipment | 6,049 | 8,464 |
| Proceeds from the sale of business segments, net of cash divested | 0 | 138,816 |
| Cash paid for acquisitions, net of cash acquired | 6 | 47,739 |
| Net cash provided by (used in) investing activities | -6,055 | 82,613 |
| Borrowings on bank credit facilities | 23,185 | 624,881 |
| Repayments on bank credit facilities | 46,444 | 674,381 |
| Proceeds from issuance of common stock | 0 | 463 |
| Payment of debt financing costs | 0 | 2,584 |
| Payment of taxes for equity transactions | 829 | 4,248 |
| Dividends paid | 2,068 | 4,127 |
| Net cash (used in) provided by financing activities | -26,156 | -59,996 |
| Net decrease in cash and cash equivalents | -8,122 | -12,124 |
| Cash and cash equivalents at beginning of period | 29,030 | - |
| Cash and cash equivalents at end of period | 8,784 | - |
VSE CORP (VSEC)
VSE CORP (VSEC)