Andersen Group Inc. (ANDG) FY2026 Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-04-01 to 2026-06-30

Swipe to see the full flow
Andersen Group Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Equity-based compensation → operating reconciliation: $48,280,000.00Accounts receivable → operating reconciliation: $29,334,000.00Deferred revenue → operating reconciliation: $12,552,000.00Non-cash lease expense → operating reconciliation: $3,436,000.00Accounts payable and other accrued expenses → operating reconciliation: $3,126,000.00Depreciation and amortization → operating reconciliation: $2,522,000.00Other liabilities → operating reconciliation: $1,724,000.00Provision for credit losses on accounts receivable → operating reconciliation: $1,326,000.00Other, net → operating reconciliation: $75,000.00Reserves on loans and notes receivable from related parties → operating reconciliation: $74,000.00operating reconciliation → Net cash from operating activities: $69,682,000.00operating reconciliation → Net income (loss): $10,094,000.00operating reconciliation → Prepaid expenses and other current assets: $9,229,000.00operating reconciliation → Accrued payroll and benefits: $7,142,000.00operating reconciliation → Other current liabilities: $3,065,000.00operating reconciliation → Operating lease liabilities: $1,770,000.00operating reconciliation → Gain on bargain purchase: $1,383,000.00operating reconciliation → Other assets: $41,000.00operating reconciliation → Deferred income tax: $30,000.00operating reconciliation → Amortization of discount on held-to-maturity debt securities: $13,000.00Proceeds from maturity of held-to-maturity debt securities → investing reconciliation: $3,041,000.00Remaining investing cash flows, net (calculated) → investing reconciliation: $566,000.00Proceeds from loans and notes receivable from related parties → investing reconciliation: $7,000.00investing reconciliation → Payments for purchases of property and equipment: $9,061,000.00investing reconciliation → Issuance of loans and notes receivable from related parties: $850,000.00Net cash used in financing activities → financing reconciliation: $94,520,000.00financing reconciliation → Distributions paid: $59,176,000.00financing reconciliation → Principal payments on notes payable to related parties: $35,339,000.00financing reconciliation → Principal payments under finance lease obligations: $5,000.00Net cash used in investing activities → investing reconciliation: $6,297,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $206,814,000.00Net cash from operating activities → Cash sources and uses: $69,682,000.00Cash sources and uses → Exchange-rate effect: $48,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $175,631,000.00Cash sources and uses → Net cash used in investing activities: $6,297,000.00Cash sources and uses → Net cash used in financing activities: $94,520,000.00Net income (loss): -$10,094,000.00Net income (loss)−$10.09 MEquity-based compensation: $48,280,000.00Stock-based compensation+$48.28 MDepreciation and amortization: $2,522,000.00Depreciation & amortization+$2.52 MNon-cash lease expense: $3,436,000.00Non-cash lease expense+$3.44 MProvision for credit losses on accounts receivable: $1,326,000.00Credit loss provision+$1.33 MAmortization of discount on held-to-maturity debt securities: -$13,000.00Investment discount & premium−$13.00 KDeferred income tax: -$30,000.00Deferred income taxes−$30.00 KReserves on loans and notes receivable from related parties: $74,000.00Loan loss provision+$74.00 KOther, net: $75,000.00Other non-cash items+$75.00 KAccounts receivable: $29,334,000.00Accounts receivable+$29.33 MPrepaid expenses and other current assets: -$9,229,000.00Prepaid & other assets−$9.23 MOther assets: -$41,000.00Other noncurrent assets−$41.00 KAccounts payable and other accrued expenses: $3,126,000.00Payables & accrued liabilities+$3.13 MAccrued payroll and benefits: -$7,142,000.00Accrued compensation−$7.14 MDeferred revenue: $12,552,000.00Deferred revenue+$12.55 MOther current liabilities: -$3,065,000.00Other current liabilities−$3.07 MOperating lease liabilities: -$1,770,000.00Operating lease liabilities−$1.77 MOther liabilities: $1,724,000.00Other noncurrent liabilities+$1.72 MGain on reversal of legal accrual: $0.00Gain on bargain purchase: -$1,383,000.00Gain on bargain purchase−$1.38 MNet cash from operating activities: $69,682,000.00Operating cash+$69.68 Moperating reconciliation: $102,449,000.00Payments of deferred offering costs: $0.00Principal payments under finance lease obligations: -$5,000.00Finance lease payments−$5.00 KPrincipal payments on notes payable to related parties: -$35,339,000.00Related-party debt repaid−$35.34 MDistributions paid: -$59,176,000.00Distributions to affiliates−$59.18 MDeferred consideration payments for business combination: $0.00Net cash used in financing activities: -$94,520,000.00. Cash required to fund net payments.Financing cash−$94.52 Mfinancing reconciliation: $94,520,000.00Proceeds from maturity of held-to-maturity debt securities: $3,041,000.00HTM securities maturities+$3.04 MIssuance of loans and notes receivable from related parties: -$850,000.00Related-party notes issued−$850.00 KProceeds from loans and notes receivable from related parties: $7,000.00Related-party note proceeds+$7.00 KPayments for purchases of property and equipment: -$9,061,000.00PP&E purchases−$9.06 MRemaining investing cash flows, net (calculated): $566,000.00Remaining investing (calculated)+$566.00 KNet cash used in investing activities: -$6,297,000.00. Cash required to fund net payments.Investing cash−$6.30 Minvesting reconciliation: $9,911,000.00Cash sources and uses: $276,496,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $206,814,000.00Beginning cash$206.81 MEnding cash: Cash, cash equivalents, and restricted cash: $175,631,000.00Ending cash$175.63 MExchange-rate effect: -$48,000.00FX effect−$48.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$10.09M + net operating adjustments $79.78M = operating cash +$69.68MFree cash flow$60.62 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$31.18 MEnding cash − beginning cash
Chart details

Andersen Group Inc. cash flow reconciliation, Apr 1, 2026 through Jun 30, 2026

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Mar 31, 2026
206,814,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
69,682,000 US dollars. Net cash provided.
Net income (loss)
negative 10,094,000 US dollars
Equity-based compensation
48,280,000 US dollars
Depreciation and amortization
2,522,000 US dollars
Non-cash lease expense
3,436,000 US dollars
Provision for credit losses on accounts receivable
1,326,000 US dollars
Amortization of discount on held-to-maturity debt securities
negative 13,000 US dollars
Deferred income tax
negative 30,000 US dollars
Reserves on loans and notes receivable from related parties
74,000 US dollars
Other, net
75,000 US dollars
Accounts receivable
29,334,000 US dollars
Prepaid expenses and other current assets
negative 9,229,000 US dollars
Other assets
negative 41,000 US dollars
Accounts payable and other accrued expenses
3,126,000 US dollars
Accrued payroll and benefits
negative 7,142,000 US dollars
Deferred revenue
12,552,000 US dollars
Other current liabilities
negative 3,065,000 US dollars
Operating lease liabilities
negative 1,770,000 US dollars
Other liabilities
1,724,000 US dollars
Gain on reversal of legal accrual
0 US dollars
Gain on bargain purchase
negative 1,383,000 US dollars
Investing activities
negative 6,297,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. This quarter is the year to date less the prior quarter's year to date. The prior quarter reported part of this section under different lines (Payments for capitalized internal-use software costs), so Cash acquired, net of cash paid for business combinations and Payments for capitalized internal-use software costs cannot be separated for this quarter. It may combine inflows and outflows.
Proceeds from maturity of held-to-maturity debt securities
3,041,000 US dollars
Issuance of loans and notes receivable from related parties
negative 850,000 US dollars
Proceeds from loans and notes receivable from related parties
7,000 US dollars
Payments for purchases of property and equipment
negative 9,061,000 US dollars
Remaining investing cash flows, net (calculated)
566,000 US dollars
Financing activities
negative 94,520,000 US dollars. Net cash used.
Payments of deferred offering costs
0 US dollars
Principal payments under finance lease obligations
negative 5,000 US dollars
Principal payments on notes payable to related parties
negative 35,339,000 US dollars
Distributions paid
negative 59,176,000 US dollars
Deferred consideration payments for business combination
0 US dollars
Operating adjustment reconciliation
102,449,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
94,520,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing displayed reconciliation
9,911,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
negative 48,000 US dollars
Ending cash on Jun 30, 2026
175,631,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
276,496,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 31,183,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
69,682,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
9,061,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
60,621,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$10.09M + net operating adjustments $79.78M = operating cash +$69.68M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 69,682,000 US dollars minus 9,061,000 US dollars equals 60,621,000 US dollars.
Andersen Group Inc. (ANDG) FY2026 Q2 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Newsletter

Get the teardowns by email

Subscribe if you want the public-company teardowns in your inbox when they're released.

Product waitlist

Health Check and Teardown for your own company

A health check uncovers insights of your private books, not a public ticker. Join this list to get notified as soon as we go-live!