Resolute Holdings Management, Inc.
For the period ended Dec 31, 2024. Filed Mar 31, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Mar 31, 2025
RHLD$159.83-2.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| | | | | | | |
|---|---|---|---|---|---|---|
| | Years Ended December 31, | |||||
| | | 2024 | 2023 | |||
| | | | | | | |
| Cash flows from operating activities · · | ||||||
| Net income | | $110,258 | | $101,202 | ||
| Adjustments to reconcile net income to net cash provided by operating activities | | | ||||
| Depreciation | | 9,174 | | 8,387 | ||
| Equity-based compensation expense | | 19,894 | | 16,648 | ||
| Inventory reserve | | (294) | | (1,182) | ||
| Loss on extinguishment of debt | | 148 | | — | ||
| Amortization of deferred finance costs | | 1,155 | | 1,546 | ||
| Change in fair value of derivative liability - convertible notes redemption make-whole provision | | (425) | | 139 | ||
| Changes in assets and liabilities | | | ||||
| Accounts receivable | | (6,961) | | (3,216) | ||
| Inventories | | 8,001 | | (8,984) | ||
| Prepaid expenses and other assets | | 2,345 | | (2,647) | ||
| Accounts payable | | 521 | | (1,956) | ||
| Accrued expenses | | 7,398 | | 3,657 | ||
| Other liabilities | | 886 | | (1,433) | ||
| Net cash provided by operating activities | | 152,100 | | 112,161 | ||
| | | | | | | |
| Cash flows from investing activities | | | ||||
| Purchases of fixed assets | | (7,410) | | (10,944) | ||
| Investment in SAFE | | (1,500) | | — | ||
| Capitalized software expenditures | | (1,035) | | — | ||
| Net cash used in investing activities | | (9,945) | | (10,944) | ||
| | | | | | | |
| Cash flows from financing activities | | | ||||
| Tax Distributions | | (50,082) | | (49,955) | ||
| Special distribution | | (15,573) | | — | ||
| Deferred finance costs related to debt modification | | (2,104) | | (256) | ||
| Payments for taxes related to net settlement of equity awards | | (8,944) | | (3,126) | ||
| Payment of term loan | | (12,813) | | (22,810) | ||
| Net transfers to/from Parent | | | (19,241) | | | 4,857 |
| Net cash used in financing activities | | (108,757) | | (71,290) | ||
| | | | | | | |
| Net increase in cash and cash equivalents | | 33,398 | | 29,927 | ||
| | | | | | | |
| Cash and cash equivalents, beginning of period | | 38,191 | | 8,264 | ||
| | | | | | | |
| Cash and cash equivalents, end of period | | $71,589 | | $38,191 | ||
| | | | | | | |
| Supplementary disclosure of cash flow information: | | | ||||
| Cash paid for interest expense | | $20,608 | | $27,247 | ||
| Supplementary disclosure of non-cash financing activities: | | | ||||
| Derivative asset - interest rate swap | | $(2,509) | | $(3,393) | ||
The accompanying notes are an integral part of these 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.