VIASP · As filed with the SEC
Via Renewables cash flow statement, by quarter
The statement as Via Renewables 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 | 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 | Q2 2024† 3 months ended Jun 30, 2024 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | 1,714 | 13,565† | 400† | 3,151† | 18,467 | 24,661† | 1,655† | 15,695† |
| Adjustments to reconcile net income to net cash flows provided by operating activities: | ||||||||
| Depreciation and amortization expense | 5,874 | 5,929† | 5,576† | 5,291† | 5,028 | 2,694† | 2,502† | 2,210† |
| Deferred income taxes | 220 | 1,878† | 785† | 100† | 2,030 | 5,733† | 226† | 2,642† |
| Stock based compensation | — | 0† | 0† | 0† | 0 | 0† | (31)† | 1,928† |
| Amortization of deferred financing costs | 229 | 229† | 229† | 167† | 167 | 167† | 167† | 312† |
| Bad debt expense | 229 | 585† | (110)† | 145† | 688 | 611† | 537† | 1,017† |
| Gain on derivatives, net | (9,086) | (2,172)† | 6,110† | 6,412† | (4,386) | (8,927)† | 11,622† | (3,180)† |
| Current period cash settlements on derivatives, net | 13,026 | 810† | (2,209)† | (1,288)† | 3,900 | (3,811)† | (7,145)† | (7,767)† |
| Other | 136 | 56† | 63† | 63† | 62 | 53† | 58† | 59† |
| Changes in assets and liabilities: | ||||||||
| Decrease (increase) in accounts receivable | 11,462 | (40,933)† | 2,546† | 22,325† | (5,688) | (25,050)† | 7,546† | 5,749† |
| Decrease (increase) in accounts receivable—affiliates | 340 | (1,546)† | (779)† | 319† | (141) | 336† | 341† | (332)† |
| Decrease in inventory | 2,175 | 671† | (1,794)† | (1,054)† | 1,387 | 760† | (881)† | (653)† |
| Increase in customer acquisition costs | (2,811) | — | (3,393)† | (2,578)† | (1,500) | — | (2,119)† | (2,582)† |
| Increase in prepaid and other current assets | (2,209) | (2,231)† | (3,874)† | 1,095† | (599) | (4,930)† | 2,654† | 7,147† |
| Decrease in intangible assets—customer acquisition costs | 0 | — | (150)† | 2† | 7,717 | — | 783† | (783)† |
| Decrease in other assets | 136 | 290† | 192† | (35)† | 170 | 188† | 80† | (1,790)† |
| Decrease in accounts payable and accrued liabilities | (11,951) | 29,114† | (1,359)† | (14,393)† | (3,397) | 12,236† | 1,915† | (8,114)† |
| (Decrease) increase in accounts payable—affiliates | (92) | 56† | 128† | (598)† | 919 | (324)† | 213† | (330)† |
| Increase in other current liabilities | 0 | — | — | — | 126 | 0† | 0† | 0† |
| Decrease in other non-current liabilities | — | — | — | — | — | 0† | 0† | 0† |
| Net cash provided by operating activities | 9,392 | (4,212)† | 2,361† | 18,998† | 24,950 | 2,034† | 20,123† | 11,228† |
| Cash flows from investing activities: | ||||||||
| Purchases of property and equipment | (245) | (558)† | (418)† | (574)† | (1,415) | (457)† | (390)† | (280)† |
| Acquisition of Customers | 0 | (609)† | (1,044)† | (373)† | (12,590) | (1,323)† | (1,827)† | 0† |
| Net cash used in investing activities | (245) | (1,167)† | (1,462)† | (947)† | (14,005) | (1,780)† | (2,217)† | (280)† |
| Cash flows from financing activities: | ||||||||
| Redemption of Series A Preferred Stock | (5,874) | (13,767)† | (8,055)† | (4,605)† | (143) | (4,232)† | 0† | 0† |
| Borrowings on notes payable | 120,000 | 126,000† | 140,000† | 110,425† | 138,000 | 181,000† | 152,000† | 144,000† |
| Payments on notes payable | (110,000) | (111,000)† | (135,000)† | (111,425)† | (143,000) | (164,000)† | (156,000)† | (142,000)† |
| Net paydown on subordinated debt facility | — | — | — | — | — | 0† | 0† | 0† |
| Contribution for cash settlement of merger | — | 0† | 0† | — | — | 0† | 0† | — |
| Restricted stock vesting | — | 0† | 0† | — | — | 0† | 0† | — |
| Payment of distribution to Class A common stockholders | (2,072) | (3,626)† | (3,108)† | (3,185)† | — | 0† | 0† | 0† |
| Payment of distributions to non-controlling unitholders | (1,928) | (3,374)† | (3,359)† | (7,686)† | (6,000) | (7,138)† | 0† | (4,402)† |
| Payment of Preferred Stock dividends | (1,563) | (2,004)† | (2,213)† | (2,340)† | (2,429) | (2,707)† | (2,713)† | (2,710)† |
| Net cash used in financing activities | (1,437) | (7,771)† | (11,735)† | (18,816)† | (13,572) | 2,923† | (6,713)† | (5,482)† |
| (Decrease) increase in Cash, cash equivalents and Restricted cash | 7,710 | (13,150)† | (10,836)† | (765)† | (2,627) | 3,177† | 11,193† | 5,466† |
| Cash, cash equivalents and Restricted cash—beginning of period | 42,881 | 56,031 | 66,867 | 67,632 | 70,259 | 67,082 | 55,889 | 50,423 |
| Cash, cash equivalents and Restricted cash—end of period | 50,591 | 42,881 | 56,031 | 66,867 | 67,632 | 70,259 | 67,082 | 55,889 |
| Supplemental Disclosure of Cash Flow Information: | ||||||||
| Non-cash items: | ||||||||
| Property and equipment purchase accrual | (249) | 60† | (120)† | (4)† | (16) | 63† | (24)† | (1)† |
| Cash paid during the period for: | ||||||||
| Interest | 2,152 | 1,833† | 1,629† | 1,429† | 1,621 | 1,340† | 805† | 2,098† |
| Taxes | 96 | — | 498† | 3,524† | 104 | 3,186† | 47† | 7,219† |
† 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.