Vistance Networks, Inc.
For the period ended Mar 31, 2026. Filed Apr 30, 2026.
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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.
Mar 31, 2026 · Filed Apr 30, 2026
VISN$4.13+0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
| Vistance Networks, Inc. | ||
|---|---|---|
| Consolidated Statements of Cash Flows (1) | ||
| (Unaudited -- In millions) | ||
| Three Months Ended | ||
| March 31, | ||
| 2026 | 2025 | |
| Operating Activities: | ||
| Net income | $5,508.0 | $784.0 |
| Adjustments to reconcile net income to net cash used in operating activities: | ||
| Depreciation and amortization | 39.1 | 78.0 |
| Equity-based compensation | 5.5 | 7.5 |
| Deferred income taxes | 1,465.5 | 13.3 |
| Gain on disposal of discontinued operations | (7,007.9) | (869.7) |
| Noncash write-off of unamortized DFF and OID | 101.3 | — |
| Changes in assets and liabilities: | ||
| Accounts receivable | (2.1) | (149.9) |
| Inventories | (54.7) | (35.9) |
| Prepaid expenses and other assets | (21.4) | (49.0) |
| Accounts payable and other liabilities | (274.5) | 20.5 |
| Other | 14.6 | 14.3 |
| Net cash used in operating activities | (226.6) | (186.9) |
| Investing Activities: | ||
| Additions to property, plant and equipment | (2.2) | (15.5) |
| Net proceeds from divestitures | 10,541.7 | 2,034.5 |
| Net cash generated by investing activities | 10,539.5 | 2,019.0 |
| Financing Activities: | ||
| Long-term debt repaid | (7,370.8) | (2,049.0) |
| Long-term debt proceeds | — | 50.0 |
| Debt issuance costs | — | (5.7) |
| Redemption of convertible preferred stock | (1,278.7) | — |
| Dividends paid on Series A convertible preferred stock | (1.7) | — |
| Proceeds from the issuance of common shares under equity-based compensation plans | 0.1 | — |
| Tax withholding payments for vested equity-based compensation awards | (20.4) | (1.5) |
| Net cash used in financing activities | (8,671.5) | (2,006.2) |
| Effect of exchange rate changes on cash and cash equivalents | 2.3 | 4.1 |
| Change in cash, cash equivalents and restricted cash | 1,643.7 | (170.0) |
| Cash, cash equivalents and restricted cash at beginning of period | 922.8 | 663.3 |
| Cash, cash equivalents and restricted cash at end of period | 2,566.5 | 493.3 |
| Less: Restricted cash in prepaid expenses and other assets | 56.5 | — |
| Cash and cash equivalents at end of period | $2,510.0 | $493.3 |
| (1) The cash flows related to discontinued operations have not been segregated. Accordingly, the Condensed Consolidated Statements of Cash Flows include the results of continuing and discontinued operations. | ||
| See notes to unaudited condensed consolidated financial statements. | ||
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