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HYDROFARM HOLDINGS GROUP, INC.

For the period ended Mar 31, 2026. Filed May 15, 2026.

View on SEC.gov

About this filing

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 May 15, 2026

HYFM$0.72-6.4%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 exhibits

Condensed Consolidated Statements of Cash Flows

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(In thousands)

Three months ended March 31,
20262025
Operating activities​​
Net loss$(14,611)$(14,385)
Adjustments to reconcile net loss to net cash used in operating activities:​​
Depreciation, depletion and amortization1,0317,309
Provision for credit losses(33)585
Provision for inventory obsolescence323312
Restructuring expenses73265
Stock-based compensation expense167474
Non-cash operating lease expense1,9731,941
Amortization of deferred financing costs2,593225
Other20330
Changes in assets and liabilities:​​
Accounts receivable(3,921)(6,768)
Inventories3,327413
Prepaid expenses and other current assets731(421)
Other assets30(37)
Accounts payable4,8103,831
Accrued expenses and other current liabilities4,538(3,221)
Deferred revenue(985)(304)
Lease liabilities(1,885)(1,812)
Other long-term liabilities218—
Net cash used in operating activities(759)(11,763)
Investing activities​​
Capital expenditures of property, plant and equipment(19)(244)
Other—(4)
Net cash used in investing activities(19)(248)
Financing activities​​
Borrowings under foreign revolving credit facilities7795
Repayments of foreign revolving credit facilities(91)(86)
Repayments of Term Loan—(307)
Payment of withholding tax related to stock awards(14)(3)
Finance lease principal payments(120)(112)
Net cash used in financing activities(148)(413)
Effect of exchange rate changes on cash, cash equivalents and restricted cash(35)41
Net decrease in cash, cash equivalents and restricted cash(961)(12,383)
Cash, cash equivalents and restricted cash at beginning of period6,30926,111
Cash, cash equivalents and restricted cash at end of period$5,348$13,728
​​
Non-cash investing and financing activities​​
Right-of-use assets acquired (relinquished) under operating lease obligations, net$—$(81)
Capital expenditures included in accounts payable and accrued liabilities3328
Supplemental information​​
Cash paid for interest1405,212
Cash paid for income taxes3110
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.