v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - Lea & Eddy Holdings, LLC - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ 3,363 $ (1,110)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation & amortization expense 4,591 1,393
Amortization of debt premium, debt discount and debt issuance costs (2,478) 174
Gain on sale of property, plant and equipment, net   30
Gain on investment in sales-type lease (3,275)  
Paid-in-kind (non-cash) interest   75
Change in operating assets and liabilities:    
Accounts receivable (3,936) 1,012
Inventories 2  
Prepaid expenses and other current assets 380 179
Other noncurrent assets (100)  
Accounts payable (190) (1,485)
Accounts payable - related party (904) (1,157)
Accrued liabilities 384 1,102
Current income taxes 107  
Deferred revenue (360) (17)
Operating lease liability 20 (9)
Deferred income taxes (18)  
Net cash provided by (used in) operating activities (2,414) 187
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash deposit for acquisitions   (3,376)
Capital expenditures (835) (709)
Proceeds from sale of property, plant and equipment, net 2,100  
Net cash provided by (used in) investing activities 1,265 (4,085)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from revolving credit facility   4,750
Payments on long-term debt (2,267) (900)
Deferred offering costs (1,506) (17)
Net cash provided by (used in) financing activities (3,773) 3,833
Net decrease in cash, cash equivalents and restricted cash (4,922) (65)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period 9,327 1,062
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period 4,405 997
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 8,288 2,466
SUPPLEMENTAL NON-CASH OPERATING AND FINANCING ACTIVITIES    
Operating lease, rightofuse assets associated liability 205 527
Change in accounts payable related to capital expenditures 5 $ 349
Change in accounts payable and accrued liabilities related to deferred offering costs $ (1,913)