NATURAL GAS SERVICES GROUP INC
For the period ended Sep 30, 2025. Filed Nov 10, 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 10, 2025
NGS$28.74-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Condensed Consolidated Statements of Cash Flows
| NATURAL GAS SERVICES GROUP, INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(in thousands)(unaudited) | ||
|---|---|---|
| Nine months ended | ||
| September 30, | ||
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net income | $15,826 | $14,362 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization | 26,854 | 22,878 |
| Impairments | — | 136 |
| Inventory allowance | 61 | — |
| Retirement of rental equipment | 728 | 5 |
| Gain on disposition of assets, net | (224) | (475) |
| Amortization of debt issuance costs | 838 | 530 |
| Deferred income taxes | 4,800 | 4,055 |
| Stock-based compensation | 1,550 | 1,038 |
| Provision for credit losses | 241 | 433 |
| Gain on company owned life insurance | (57) | (152) |
| Changes in operating assets and liabilities: | ||
| Trade accounts receivables | 1,775 | 13,944 |
| Inventory | (3,518) | 1,122 |
| Prepaid expenses and prepaid income taxes | (1,297) | (1,025) |
| Accounts payable and accrued liabilities | 3,887 | 853 |
| Other | (2,402) | (667) |
| NET CASH PROVIDED BY OPERATING ACTIVITIES | 49,062 | 57,037 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchase of rental equipment, property and other equipment | (86,926) | (57,350) |
| Purchase of company owned life insurance | — | (13) |
| Proceeds received from insurance for damages to equipment | 96 | — |
| Proceeds from disposition of assets, net | 9 | 504 |
| Proceeds from surrender of company owned life insurance | — | 178 |
| NET CASH USED IN INVESTING ACTIVITIES | (86,821) | (56,681) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from credit facility borrowings | 48,122 | 8,000 |
| Repayments of credit facility borrowings | (10,122) | (9,000) |
| Payments of other long-term liabilities | — | (622) |
| Payments of debt issuance costs | (1,278) | (962) |
| Proceeds from exercise of stock options | 155 | 70 |
| Payment of dividends | (1,254) | — |
| Taxes paid related to net share settlement of equity awards | (6) | (178) |
| NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES | 35,617 | (2,692) |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | (2,142) | (2,336) |
| CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD | 2,142 | 2,746 |
| CASH AND CASH EQUIVALENTS AT END OF PERIOD | $— | $410 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Interest paid | $10,722 | $14,445 |
| Income taxes paid | $204 | $— |
| NON-CASH TRANSACTIONS: | ||
| Accrued purchases of property and equipment | $6,940 | $— |
| Right of use assets acquired through an finance lease | $— | $2,174 |
| Right of use assets acquired through an operating lease | $1,053 | $520 |
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