$CTRM Cashflow Statement | Understand Stock

$CTRM

$1.57 -$0.03 (1.88%) Close

$CTRM 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 6 months to Jun 30, 2025	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Cash Flows provided by Operating Activities of Continuing Operations:
Net income
Less: Net income from discontinued operations, net of taxes
Net income from continuing operations, net of taxes
Adjustments to reconcile net income from Continuing operations to net cash provided by Operating Activities:
Depreciation and amortization
Amortization of other deferred charges
Deferred revenue amortization
Amortization and write-off of deferred finance charges
Amortization of fair value of acquired time charters
Interest settled in common stock
Amortization and write-off of convertible notes beneficial conversion feature
Straight line amortization of hire
Net (gain) / loss on sale of vessels
Loss on vessels held for sale
Provision / (recovery) of provision for doubtful accounts
Shareholders' deemed interest contribution
Unrealized gains on equity securities
Share-based compensation
Non cash compensation (transfer of shares)
Adjustments for non-cash finance costs
Net gain on disposition of assets
Unrealized losses from equity method investments
Unrealized (gains) / losses from equity method investments measured at fair value
Dividend income from equity method investments measured at fair value (related party)
Unrealized foreign exchange losses from equity method investments
Unrealized (gains) / losses on equity securities
Realized (gain) / loss on sale of equity securities
Unrealized (gain) / loss on debt securities
Amortization of bonds' premium discount
Non-cash effects from translation to reporting currency
Gain from a claim
Deferred income taxes
Changes in operating assets and liabilities:
Accounts receivable trade, net
Inventories
Due from/to related parties
Prepaid expenses and other assets
Other deferred charges
Accounts payable
Accrued liabilities
Income tax receivable / payable
Derivative assets and liabilities, net
Deferred revenue
Dry-dock costs paid

Net Cash (used in)/provided by Operating Activities
Dividends received from equity investments
Dividends received from equity method investments measured at fair value (related party)
Net Cash provided by Operating Activities from Continuing Operations

Cash flow provided by / (used in) Investing Activities of Continuing Operations:
Vessel acquisitions (including time charters attached) and other vessel improvements
Purchase of equity securities
Acquisition of a subsidiary, net of cash acquired
Proceeds from sale of equity securities
Net cash used in Investing Activities
Gross proceeds from issuance of common stock and warrants
Advances for vessel acquisition
Payments for acquisition of equity method investments
Return of invested capital from equity method investments
Payments received from disposition of equity method investments
Purchase of debt securities
Proceeds from sale of debt securities
Payments received on mezzanine loan
Payments for acquisition of equity investments
Net proceeds from sale of vessels
Proceeds from a claim
Proceeds from disposition of equity investments
Net proceeds from dispositions of long term assets
Acquisitions of property, plant and equipment, net
Proceeds from disposition of subsidiaries, net of cash disposed of
Net cash provided by / (used in) Investing Activities from Continuing Operations

Cash flows provided by / (used in) Financing Activities of Continuing Operations:
Gross proceeds from issuance of common shares and warrants
Repurchase of warrants
Common share issuance expenses
Gross proceeds from Preferred Shares
Series D Preferred Shares
Series E Preferred Shares
Total gross proceeds from Preferred Shares
Preferred Shares issuance expenses
Series D Preferred Shares
Series E Preferred Shares
Total preferred Shares issuance expenses
Redemption of Series E Preferred Shares
Dividends paid on Preferred Shares
Series D Preferred Shares
Series E Preferred Shares
Total dividends paid on Preferred Shares
Redemption of Series A Preferred Shares
Repayment of related party debt
Proceeds from long-term debt (including related party)
Repayment of long-term debt (including related party)
Proceeds from related party debt
Proceeds from long term financial liability
Payment of deferred financing costs
Net cash provided by Financing Activities
Repayment of long-term financial liability
Cash dividends paid to noncontrolling interests
Proceeds from sale of subsidiary shares to noncontrolling interests
Transactions with non-controlling interest
Proceeds received from Toro Corp. related to Spin-Off
Net cash provided by / (used in) Financing Activities from continuing operations

Cash flows of discontinued operations:
Net cash provided by Operating Activities from discontinued operations
Net cash provided by / (used in) Investing Activities from discontinued operations
Net cash used in Financing Activities from discontinued operations
Net cash used in discontinued operations
Effect of exchange rate changes on cash, cash equivalents and restricted cash
Net increase/(decrease) in cash, cash equivalents, and restricted cash
Cash, cash equivalents and restricted cash at the beginning of the period
Cash, cash equivalents and restricted cash at the end of the period
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest
Shares issued in connection with the settlement of the $5.0 Million Convertible Debentures
Shares issued in connection with the Series A Preferred Shares Settlement Agreement
Series A Preferred Stock dividend waived accounted as deemed contribution
Preferred shareholders' deemed contribution pursuant to the Series A Preferred Stock Amendment Agreement, net of expenses
Shareholder's deemed contribution pursuant to the $7.5 Million Bridge Loan
Cash paid for income taxes, net of refunds
Cash paid for withholding taxes
Unpaid capital raising costs (included in Accounts payable and Accrued Liabilities)
Unpaid vessel acquisition and other vessel improvement costs (included in Accounts payable and Accrued liabilities)
Unpaid advances for vessel acquisitions (included in Accounts payable and Accrued Liabilities)
Unpaid deferred dry-dock costs (included in Accounts payable and Accrued liabilities)
Unpaid deferred financing costs
Dividend declared but unpaid
Deemed dividend on Series D Preferred Shares
Deemed contribution from Series D preferred shareholders
Deemed dividend on Series E Preferred Shares
Net assets of Toro (discontinued operations)

RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash and cash equivalents
Restricted cash, current
Restricted cash, non-current
Cash and cash equivalents included in assets held for sale

Comments