STRATUS PROPERTIES INC
For the period ended Sep 30, 2025. Filed Nov 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 12, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Cash Flows (Unaudited)
| Nine Months Ended | ||
|---|---|---|
| September 30, | ||
| 2025 | 2024 | |
| Cash flow from operating activities: | ||
| Net loss | $(14,059) | $(495) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Depreciation and amortization | 4,842 | 4,168 |
| Cost of real estate sold | 5,790 | 19,115 |
| Loss on interest rate cap agreements | 23 | — |
| Loss on extinguishment of debt | 216 | 59 |
| Stock-based compensation | 970 | 1,314 |
| Debt issuance cost amortization | 1,065 | 1,028 |
| Gain on sale of assets | (5,200) | (1,626) |
| Purchases and development of real estate properties | (20,543) | (22,925) |
| Write-off capitalized project costs | 2,869 | 721 |
| Decrease in other assets | 2,220 | 233 |
| Decrease in accounts payable, accrued liabilities and other | (2,333) | (3,994) |
| Net cash used in operating activities | (24,140) | (2,402) |
| Cash flow from investing activities: | ||
| Capital expenditures | (8,075) | (22,962) |
| Proceeds from sale of assets, net of selling costs | 12,979 | 8,586 |
| Municipal utility district (MUD) reimbursements | 409 | — |
| Payments on master lease obligations | (668) | (649) |
| Net cash provided by (used in) investing activities | 4,645 | (15,025) |
| Cash flow from financing activities: | ||
| Borrowings from credit facility | 4,000 | — |
| Payments on credit facility | (4,000) | — |
| Borrowings from project and term loans | 64,084 | 27,672 |
| Payments on project and term loans | (56,075) | (25,058) |
| Payment of dividends | (246) | (356) |
| Finance lease principal payments | (13) | (12) |
| Stock-based awards net payments | (336) | (376) |
| Noncontrolling interest distributions | (856) | — |
| Noncontrolling interest contributions | 50,755 | 3,600 |
| Purchases of treasury stock | (1,973) | — |
| Financing costs | (1,476) | (139) |
| Net cash provided by financing activities | 53,864 | 5,331 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 34,369 | (12,096) |
| Cash, cash equivalents and restricted cash at beginning of year | 21,154 | 32,432 |
| Cash, cash equivalents and restricted cash at end of period | $55,523 | $20,336 |
The accompanying Notes to Consolidated Financial Statements (Unaudited), which include information regarding noncash transactions, are an integral part of these consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.