MDV · As filed with the SEC
Modiv Industrial cash flow statement, by quarter
The statement as Modiv Industrial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Condensed Consolidated Statements of Cash Flows · USD thousands
| USD thousands | Q2 2026† 3 months ended Jun 30, 2026 | Q1 2026 3 months ended Mar 31, 2026 | Q4 2025† 3 months ended Dec 31, 2025 | Q3 2025† 3 months ended Sep 30, 2025 | Q2 2025† 3 months ended Jun 30, 2025 | Q1 2025 3 months ended Mar 31, 2025 | Q4 2024† 3 months ended Dec 31, 2024 | Q3 2024† 3 months ended Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash Flows from Operating Activities: | ||||||||
| Net income (loss) | 6,485† | (295) | 1,281† | 1,077† | (2,633)† | 829 | 1,642† | (1,047.68)† |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 3,646† | 3,718 | 3,695† | 3,746† | 3,828† | 3,818 | 4,164† | 4,167.02† |
| Stock compensation expense | 744† | 804 | 810† | 811† | 810† | 484 | 65† | 75.00† |
| Amortization of deferred rents | (1,253)† | (1,286) | (1,235)† | (1,241)† | (1,269)† | (1,303) | (1,337)† | (1,284.86)† |
| Amortization of deferred lease incentives | — | — | — | — | — | — | — | 1.20† |
| Amortization of deferred lease incentives | — | — | — | — | 0† | 0 | — | — |
| Amortization of deferred financing costs and fair value adjustment of assumed mortgage note payable | 88† | 89 | 157† | 157† | 158† | 157 | 528† | 221† |
| Amortization of (below) above market lease intangibles, net | (217)† | (219) | (217)† | (213)† | (212)† | (212) | (212)† | (211.80)† |
| Impairment of real estate investment property | — | — | — | — | — | — | — | 0† |
| Impairment of real estate investment property | — | — | 1,814† | 0† | — | — | 0† | 0† |
| Loss on equity investments | — | — | 0† | 0† | 0† | 0 | (26)† | (5.43)† |
| Gain on sale of real estate investments, net | (7,542)† | 0 | (2,436)† | 0† | 0† | (84) | 0† | (171.81)† |
| Unrealized loss on interest rate swap valuation | — | — | — | — | — | — | (204.48)† | 2,422.80† |
| Amortization of unrealized holding gain and unrealized gain on non-designated or ineffective interest rate derivative instruments | (253)† | (250) | (256)† | (256)† | (253)† | (250) | (204)† | 2,422† |
| Adjustment for receipts from off-market interest rate derivatives | (738)† | (767) | (996)† | (1,210)† | (1,195)† | (1,180) | 0† | 0† |
| Amortization of off-market interest rate derivatives | 653† | 539 | 1,046† | 1,045† | 1,034† | 784 | 0† | 0† |
| Loss on extinguishment of debt | 0† | 1,145 | — | — | 0† | — | — | — |
| Income from unconsolidated investment in a real estate property | 0† | (38) | (245)† | (249)† | (185)† | (79) | (74)† | (74.57)† |
| Distributions from unconsolidated investment in a real estate property | 0† | 83 | 319† | 1† | 81† | 245 | 241† | 241.32† |
| Changes in operating assets and liabilities: | ||||||||
| Decrease in tenant rent and other receivables | 152† | 36 | (359)† | 219† | 18† | 109 | 268† | (37.9)† |
| Decrease in prepaid expenses and other assets | 490† | (52) | (428)† | 177† | 290† | (70) | 1,089† | (416.62)† |
| Increase (decrease) in accounts payable, accrued and other liabilities | 1,051† | 597 | 123† | 74† | (534)† | (198) | (889)† | 1,259.81† |
| Net cash provided by operating activities | 3,478† | 4,104 | 3,841† | 4,138† | 3,938† | 3,050 | 5,406† | 5,138.06† |
| Cash Flows from Investing Activities: | ||||||||
| Acquisitions of real estate investments | 0† | (9,629) | 0† | 0† | 0† | (345) | 0† | (5,183.44)† |
| Additions to existing real estate investments | — | — | — | — | — | — | — | (1,548.55)† |
| Improvements to existing real estate investments and other assets | (393)† | (145) | (367)† | (18)† | (43)† | (78) | (84)† | (1,549)† |
| Net proceeds from sale of real estate investments | 18,193† | 3,595 | 24,808† | 0† | 0† | 2,329 | 0† | 239.63† |
| Purchase deposits, net | — | — | — | — | — | — | — | 2,152.50† |
| Net proceeds from sale of investment in common stock | — | — | 0† | 0† | — | — | 0† | 0.12† |
| Refund of lease incentives | — | — | — | — | — | — | — | 0† |
| Purchase deposits applied | 0† | 100 | 0† | (100)† | 0† | — | (1,402)† | — |
| Sale deposits received, net of applied | — | — | (1,683)† | 1,733† | 0† | 250 | (250)† | 1,000† |
| Investments in off-market interest rate derivatives | 0† | (2,656) | 0† | 0† | 0† | (4,200) | 0† | 0† |
| Receipts from off-market interest rate derivatives | 738† | 767 | 996† | 1,210† | 1,195† | 1,180 | 0† | 0† |
| Net cash provided by investing activities | 18,538† | (7,968) | 24,438† | 3,075† | 1,152† | (864) | (1,486)† | (4,339.9)† |
| Cash Flows from Financing Activities: | ||||||||
| Borrowings from credit facility term loan | — | — | — | — | — | — | — | 0† |
| Repayments of credit facility revolver, net | — | — | — | — | — | — | — | 0† |
| Revolving Credit Facility | 0† | 2,000 | — | — | 0† | — | — | — |
| Repayments of credit facility revolver, net | 0† | (2,000) | — | — | 0† | — | — | — |
| Principal payments on mortgage notes payable | (155)† | (127) | (18,432)† | (140)† | (139)† | (137) | (93)† | (71.93)† |
| Payments of Credit Facility amendment and deferred financing costs | (24)† | (1,076) | 0† | 0† | 0† | (70) | 0† | 0† |
| Proceeds from offering of common stock, net | 0† | 0 | 0† | 1,083† | 402† | 1,269 | 4,450† | 2,375.96† |
| Repurchases of preferred stock | (70)† | (526) | (581)† | 0† | (1,679)† | (4,851) | 0† | 0† |
| Repurchases of common stock and Class C OP Units | — | — | 0† | — | — | — | 0† | (11,532.77)† |
| Dividends paid to preferred stockholders | (775)† | (784) | (795)† | (795)† | (827)† | (922) | (923)† | (921.63)† |
| Class C OP Units | — | — | — | — | — | — | — | (2,692.95)† |
| Class C OP Units | (3,843)† | (3,527) | (3,305)† | (3,228)† | (3,198)† | (2,840) | (2,649)† | (2,693)† |
| Net cash used in financing activities | (4,867)† | (6,040) | (23,845)† | (3,080)† | (5,441)† | (7,551) | 785† | (12,843.73)† |
| Net increase (decrease) in cash and cash equivalents | 17,149† | (9,904) | 4,434† | 4,133† | (351)† | (5,365) | 4,705† | (12,045.57)† |
| Cash and cash equivalents, beginning of period | 4,477 | 14,381 | 9,947 | 5,814 | 6,165 | 11,530 | 6,825 | 18,870 |
| Cash and cash equivalents, end of period | 21,626 | 4,477 | 14,381 | 9,947 | 5,814 | 6,165 | 11,530 | 6,824.85 |
| Supplemental Disclosure of Cash Flow Information: | ||||||||
| Cash paid for interest | 2,893† | 2,744 | 3,040† | 3,094† | 3,115† | 3,019 | 3,449† | 3,422.18† |
| Supplemental Schedule of Noncash Investing and Financing Activities: | ||||||||
| Distribution of Generation Income Properties, Inc. (“GIPR”) common stock to Class C Common Stock and Class C OP Units | — | — | 0† | 0† | 0† | 0 | 0† | 0.45† |
| Receipt of GIPR common stock in exchange of GIPR preferred stock | — | — | — | — | — | — | — | 0† |
| Class C OP Units | — | — | — | — | — | — | — | 0† |
| Class C Common Stock | — | — | — | — | — | — | — | 0† |
| Receipt of GIPR common stock in exchange of GIPR preferred stock | — | — | 0† | 0† | 0† | 0 | 0† | 0† |
| Class C OP Units | — | — | 0† | 0† | 0† | 0 | 0† | 0† |
| Class C common stock | — | — | 0† | 0† | 0† | 0 | 1,105† | 0† |
| Change in accrued capital expenditures | 260† | 111 | — | — | 0† | — | — | — |
| Investment in preferred stock from sale of real estate investments | — | — | — | — | — | — | 0† | (10,361.45)† |
| Mortgage note assumed in acquisition of real estate investments, net of fair value adjustment | 0† | 11,825 | — | — | 0† | — | — | — |
| Issuance of Class C OP Units in the acquisition of a real estate investment | 0† | 0 | 0† | 0† | 0† | 5,850 | 0† | 0† |
| Reinvested distributions from common stockholders | — | — | — | — | — | — | — | 526.26† |
| Increase in accrued distribution | — | — | — | — | — | — | — | (55.92)† |
| Real estate investments held for sale, net | — | — | — | — | — | — | — | 0† |
| Other assets related to real estate investments held for sale | — | — | — | — | — | — | — | 0† |
| Other liabilities related to real estate investments held for sale | — | — | — | — | — | — | — | 0† |
| Reinvested distributions from common stockholders | 0† | 281 | 428† | 478† | 486† | 490 | 503† | 527† |
| Accrued distributions | (2)† | 25 | (7)† | 11† | (83)† | 29 | 31† | (56)† |
| Accrued deferred financing costs | — | 24 | — | — | — | — | — | — |
† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.