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
Cash flows from operating activities:
Net income	1,714	13,565^†	400^†	3,151^†
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^†
Deferred income taxes	220	1,878^†	785^†	100^†
Stock based compensation	—	0^†	0^†	0^†
Amortization of deferred financing costs	229	229^†	229^†	167^†
Bad debt expense	229	585^†	(110)^†	145^†
Gain on derivatives, net	(9,086)	(2,172)^†	6,110^†	6,412^†
Current period cash settlements on derivatives, net	13,026	810^†	(2,209)^†	(1,288)^†
Other	136	56^†	63^†	63^†
Changes in assets and liabilities:
Decrease (increase) in accounts receivable	11,462	(40,933)^†	2,546^†	22,325^†
Decrease (increase) in accounts receivable—affiliates	340	(1,546)^†	(779)^†	319^†
Decrease in inventory	2,175	671^†	(1,794)^†	(1,054)^†
Increase in customer acquisition costs	(2,811)	—	(3,393)^†	(2,578)^†
Increase in prepaid and other current assets	(2,209)	(2,231)^†	(3,874)^†	1,095^†
Decrease in intangible assets—customer acquisition costs	0	—	(150)^†	2^†
Decrease in other assets	136	290^†	192^†	(35)^†
Decrease in accounts payable and accrued liabilities	(11,951)	29,114^†	(1,359)^†	(14,393)^†
(Decrease) increase in accounts payable—affiliates	(92)	56^†	128^†	(598)^†
Increase in other current liabilities	0	—	—	—
Net cash provided by operating activities	9,392	(4,212)^†	2,361^†	18,998^†
Cash flows from investing activities:
Purchases of property and equipment	(245)	(558)^†	(418)^†	(574)^†
Acquisition of Customers	0	(609)^†	(1,044)^†	(373)^†
Net cash used in investing activities	(245)	(1,167)^†	(1,462)^†	(947)^†
Cash flows from financing activities:
Redemption of Series A Preferred Stock	(5,874)	(13,767)^†	(8,055)^†	(4,605)^†
Borrowings on notes payable	120,000	126,000^†	140,000^†	110,425^†
Payments on notes payable	(110,000)	(111,000)^†	(135,000)^†	(111,425)^†
Contribution for cash settlement of merger	—	0^†	0^†	—
Restricted stock vesting	—	0^†	0^†	—
Payment of distribution to Class A common stockholders	(2,072)	(3,626)^†	(3,108)^†	(3,185)^†
Payment of distributions to non-controlling unitholders	(1,928)	(3,374)^†	(3,359)^†	(7,686)^†
Payment of Preferred Stock dividends	(1,563)	(2,004)^†	(2,213)^†	(2,340)^†
Net cash used in financing activities	(1,437)	(7,771)^†	(11,735)^†	(18,816)^†
(Decrease) increase in Cash, cash equivalents and Restricted cash	7,710	(13,150)^†	(10,836)^†	(765)^†
Cash, cash equivalents and Restricted cash—beginning of period	42,881	56,031	66,867	67,632
Cash, cash equivalents and Restricted cash—end of period	50,591	42,881	56,031	66,867
Supplemental Disclosure of Cash Flow Information:
Non-cash items:
Property and equipment purchase accrual	(249)	60^†	(120)^†	(4)^†
Cash paid during the period for:
Interest	2,152	1,833^†	1,629^†	1,429^†
Taxes	96	—	498^†	3,524^†

† 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.