TPI COMPOSITES, INC Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash flows from operating activities:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
Provision for credit losses
(Gain) loss on sale of discontinued operations
Loss on sale of assets and asset impairments
Share-based compensation expense
Amortization of debt issuance costs and debt discount
Paid-in-kind interest
Deferred income taxes
Reorganization items, net
Non Cash
Total reorganization items, net
Changes in assets and liabilities:
Accounts receivable
Contract assets and liabilities
Operating lease right of use assets and operating lease liabilities
Inventories
Prepaid expenses
Other current assets
Other noncurrent assets
Accounts payable and accrued expenses
Accrued warranty
Other noncurrent liabilities
Net cash used in operating activities
Cash flows from investing activities:
Purchases of property, plant and equipment
Acquisition of a business
Restricted cash transferred upon sale of business
Proceeds from sale of business
Net cash used in investing activities

Cash flows from financing activities:
Proceeds from DIP financing
Payments of DIP financing costs
Proceeds from working capital loans
Repayments of working capital loans
Principal repayments of finance leases
Net proceeds from other debt
Proceeds from exercise of stock options and common stock warrants
Proceeds from issuance of convertible notes
Purchase of capped calls
Payments of debt issuance costs
Proceeds from revolving and term loans
Repayments of revolving and term loans
Repurchase of common stock including shares withheld in lieu of income taxes
Proceeds from the issuance of Series A Preferred Stock and warrants to purchase common stock
Equity issuance costs
Net repayments of accounts receivable financing
Net cash provided by financing activities

Impact of foreign exchange rates on cash, cash equivalents and restricted cash
Net change in cash, cash equivalents and restricted cash
Cash, cash equivalents and restricted cash, beginning of year
Cash, cash equivalents and restricted cash, end of period
Supplemental cash flow information:
Cash paid for interest
Cash paid for income taxes, net of refunds
Cash paid for professional fees for services related to bankruptcy proceedings
Cash paid for professional fees for services related to restructuring
Noncash investing and financing activities:
Right of use assets obtained in exchange for new operating lease liabilities
Property, plant, and equipment obtained in exchange for new finance lease liabilities
Accrued capital expenditures in accounts payable
DIP roll-up loan
Paid in kind DIP interest and commitment fees
Paid-in-kind preferred stock dividends and accretion
Issuance of Common Stock to extinguish Series A Preferred Stock
Issuance of debt, net of debt discount, to extinguish Series A Preferred Stock
Accrued transaction costs in accounts payable to extinguish Series A Preferred Stock
Reconciliation of Cash, Cash Equivalents and Restricted Cash:
Cash and cash equivalents
Restricted cash
Restricted cash included within other noncurrent assets
Cash and cash equivalents of discontinued operations
Restricted cash of discontinued operations
Total cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows

Comments