NextNav Inc. (NN) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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NextNav Inc. cash flow reconciliation, Jan 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. 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.Proceeds from exercise of common warrants → financing reconciliation: $100,305,000.00Proceeds from exercise of common stock options → financing reconciliation: $3,021,000.00financing reconciliation → Net cash from financing activities: $103,276,000.00financing reconciliation → Payments towards debt: $50,000.00Sale and maturity of marketable securities → investing reconciliation: $169,000,000.00investing reconciliation → Purchase of marketable securities: $210,751,000.00investing reconciliation → Purchase of internal use software: $315,000.00investing reconciliation → Purchases of network assets, property, and equipment: $15,000.00Net cash used in operating activities → operating reconciliation: $28,021,000.00Change in fair value of derivative liability → operating reconciliation: $19,259,000.00Equity-based compensation → operating reconciliation: $10,974,000.00Amortization of debt discount → operating reconciliation: $5,207,000.00Depreciation and amortization → operating reconciliation: $2,854,000.00Accrued expenses and other liabilities → operating reconciliation: $1,256,000.00Accounts payable → operating reconciliation: $297,000.00Accounts receivable → operating reconciliation: $237,000.00Operating lease right-of-use assets and liabilities → operating reconciliation: $146,000.00Equity method investment loss → operating reconciliation: $137,000.00Asset retirement obligation accretion → operating reconciliation: $100,000.00Deferred revenue → operating reconciliation: $46,000.00Other assets → operating reconciliation: $9,000.00operating reconciliation → Net loss: $44,376,000.00operating reconciliation → Debt extinguishment (gain) loss: $21,429,000.00operating reconciliation → Realized and unrealized gain on short term investments: $1,991,000.00operating reconciliation → Other current assets: $614,000.00operating reconciliation → Change in fair value of warrants: $133,000.00Net cash used in investing activities → investing reconciliation: $42,081,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $44,757,000.00Net cash from financing activities → Cash sources and uses: $103,276,000.00Cash sources and uses → Exchange-rate effect: $216,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $77,715,000.00Cash sources and uses → Net cash used in investing activities: $42,081,000.00Cash sources and uses → Net cash used in operating activities: $28,021,000.00Net loss: -$44,376,000.00Net loss−$44.38 MDepreciation and amortization: $2,854,000.00Depreciation & amortization+$2.85 MEquity-based compensation: $10,974,000.00Stock-based compensation+$10.97 MRealized and unrealized gain on short term investments: -$1,991,000.00Investment gain & loss−$1.99 MChange in fair value of warrants: -$133,000.00Warrant fair value−$133.00 KDebt extinguishment (gain) loss: -$21,429,000.00Debt extinguishment gain & loss−$21.43 MChange in fair value of derivative liability: $19,259,000.00Derivative liability fair value+$19.26 MEquity method investment loss: $137,000.00Equity-method results+$137.00 KAsset retirement obligation accretion: $100,000.00Asset retirement accretion+$100.00 KAccounts receivable: $237,000.00Accounts receivable+$237.00 KOther current assets: -$614,000.00Other current assets−$614.00 KOther assets: $9,000.00Other noncurrent assets+$9.00 KAccounts payable: $297,000.00Accounts payable+$297.00 KDeferred revenue: $46,000.00Unearned revenue+$46.00 KAccrued expenses and other liabilities: $1,256,000.00Accrued & other liabilities+$1.26 MOperating lease right-of-use assets and liabilities: $146,000.00Operating lease liabilities+$146.00 KAmortization of debt discount: $5,207,000.00Debt cost amortization+$5.21 MNet cash used in operating activities: -$28,021,000.00. Cash required to fund net payments.Operating cash−$28.02 Moperating reconciliation: $68,543,000.00Payments towards debt: -$50,000.00Other long-term debt repaid−$50.00 KProceeds from exercise of common warrants: $100,305,000.00Warrant exercises+$100.31 MProceeds from exercise of common stock options: $3,021,000.00Stock option exercises+$3.02 MNet cash from financing activities: $103,276,000.00Financing cash+$103.28 Mfinancing reconciliation: $103,326,000.00Purchases of network assets, property, and equipment: -$15,000.00PP&E purchases−$15.00 KPurchase of internal use software: -$315,000.00Software purchases−$315.00 KPurchase of marketable securities: -$210,751,000.00Marketable securities purchases−$210.75 MSale and maturity of marketable securities: $169,000,000.00Marketable securities proceeds+$169.00 MNet cash used in investing activities: -$42,081,000.00. Cash required to fund net payments.Investing cash−$42.08 Minvesting reconciliation: $211,081,000.00Cash sources and uses: $148,033,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $44,757,000.00Beginning cash$44.76 MEnding cash: Cash, cash equivalents, and restricted cash: $77,715,000.00Ending cash$77.72 MExchange-rate effect: -$216,000.00FX effect−$216.00 KCASH RECONCILIATIONFinancingflowsInvestingflowsOperatingflowsNet loss −$44.38M + net operating adjustments $16.36M = operating cash −$28.02MFree cash flow−$28.04 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$32.96 MEnding cash − beginning cash
Chart details

NextNav Inc. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. 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 Dec 31, 2025
44,757,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
negative 28,021,000 US dollars. Net cash used.
Net loss
negative 44,376,000 US dollars
Depreciation and amortization
2,854,000 US dollars
Equity-based compensation
10,974,000 US dollars
Realized and unrealized gain on short term investments
negative 1,991,000 US dollars
Change in fair value of warrants
negative 133,000 US dollars
Debt extinguishment (gain) loss
negative 21,429,000 US dollars
Change in fair value of derivative liability
19,259,000 US dollars
Equity method investment loss
137,000 US dollars
Asset retirement obligation accretion
100,000 US dollars
Accounts receivable
237,000 US dollars
Other current assets
negative 614,000 US dollars
Other assets
9,000 US dollars
Accounts payable
297,000 US dollars
Deferred revenue
46,000 US dollars
Accrued expenses and other liabilities
1,256,000 US dollars
Operating lease right-of-use assets and liabilities
146,000 US dollars
Amortization of debt discount
5,207,000 US dollars
Investing activities
negative 42,081,000 US dollars. Net cash used.
Purchases of network assets, property, and equipment
negative 15,000 US dollars
Purchase of internal use software
negative 315,000 US dollars
Purchase of marketable securities
negative 210,751,000 US dollars
Sale and maturity of marketable securities
169,000,000 US dollars
Financing activities
103,276,000 US dollars. Net cash provided.
Payments towards debt
negative 50,000 US dollars
Proceeds from exercise of common warrants
100,305,000 US dollars
Proceeds from exercise of common stock options
3,021,000 US dollars
Operating adjustment reconciliation
68,543,000 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
103,326,000 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 gross reconciliation
211,081,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 216,000 US dollars
Ending cash on Jun 30, 2026
77,715,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
148,033,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
32,958,000 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
negative 28,021,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
15,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 28,036,000 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 −$44.38M + net operating adjustments $16.36M = operating cash −$28.02M. 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: negative 28,021,000 US dollars minus 15,000 US dollars equals negative 28,036,000 US dollars.
NextNav Inc. (NN) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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