← Genie Energy Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net income (loss) from discontinued operations, net of tax — — — — $752k $4.0m $30.4m $6.4m ($2.9m) ($4.2m)
Net income from continuing operations — — — — $14.8m $23.9m $56.5m $13.9m $15.2m $27.9m
Net Income (Loss) Attributable to Parent ($24.5m) ($7.0m) $22.8m $4.2m $13.2m $29.2m $87.8m $19.5m $12.6m $24.0m
Net Income (Loss) Available to Common Stockholders, Basic ($26.0m) ($8.5m) $21.3m $2.7m $11.7m $27.5m $85.9m $19.2m $12.6m $24.0m
Cash, cash equivalents and restricted cash (excluding discontinued operations) at beginning of year — $31.9m $44.2m $38.6m $43.2m $102.1m $106.1m $165.5m $202.0m $211.5m
Cash, cash equivalents and restricted cash (including discontinued operations) at end of year — — — — $38.2m $102.1m $104.6m $163.0m $200.6m $212.4m
Less: Cash of discontinued operations at end of year — — — — $5.0m ($1.9m) ($1.5m) ($2.5m) ($1.3m) ($986k)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($32.2m) ($8.6m) $21.4m $1.4m $15.6m $27.8m $86.9m $20.3m $12.3m $23.7m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — $752k $23.6m $60.0m $12.8m $15.5m ($4.2m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — $752k $23.9m $56.5m $13.9m $15.2m $27.9m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — $752k $4.0m $30.4m $6.4m ($2.9m) ($4.2m)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — $752k $4.0m $25.9m $6.4m ($2.9m) ($4.2m)
Net Income (Loss) Attributable to Noncontrolling Interest ($7.7m) ($1.7m) ($1.4m) ($2.8m) $2.4m ($1.4m) ($874k) $740k ($293k) ($291k)
Depreciation, Depletion and Amortization $581k $2.1m $2.1m $3.6m $3.5m $1.3m $385k $463k $884k $1.0m
Amortization of Intangible Assets $200k $1.3m $1.3m $2.5m $3.0m $1.2m $400k $400k $300k $300k
Depreciation $581k $2.1m $2.1m $3.6m $3.5m $1.3m $385k $463k $884k $700k
Depreciation Amortization Depletion — — — — — — $385k $463k $884k $1.0m
Deferred Income Tax Expense (Benefit) ($139k) ($360k) ($13.5m) $3.5m $7.3m $840k ($595k) $599k ($1.9m) $3.3m
Deferred income taxes — ($360k) ($13.5m) $3.5m $7.3m $840k ($595k) $599k ($1.9m) $3.3m
Deferred Income Tax — — — — — — ($595k) $1.4m ($1.2m) $3.3m
Deferred Tax — — — — — — ($595k) $1.4m ($1.2m) $3.3m
Share-based Payment Arrangement, Noncash Expense $4.8m $5.2m $4.5m $1.1m $1.1m $2.9m $3.0m $2.8m $2.3m $2.5m
Share-based Payment Arrangement, Expense — — — — $1.1m $2.9m $3.0m $2.8m $2.3m $2.5m
Goodwill and Intangible Asset Impairment — — — $400k $1.4m — — — — —
Goodwill, Impairment Loss — — — $400k $404k $400k — — — —
Asset, Impairment Loss — — $2.7m $400k $1.4m — $2.1m $0 $185k $1.6m
Asset Impairment Charge — — — — — — $2.1m $0 $185k $1.6m
Equity Method Investment, Realized Gain (Loss) on Disposal — — — — — $5.0m ($17k) ($23k) ($766k) ($1.6m)
Gain (Loss) on Disposition of Assets ($25k) — $18k — ($262k) — — — — —
Gain (Loss) on Extinguishment of Debt $200k — $164k — — — — — — —
Income (Loss) from Equity Method Investments ($222k) ($565k) $3.4m ($4.8m) ($1.4m) $438k $417k ($23k) $481k ($1.6m)
Income Tax Expense (Benefit) $2.2m $1.7m $12.4m $4.6m $8.3m $8.8m $21.0m $4.2m $4.7m $8.3m
Interest Expense Nonoperating — — — — — — — — — $670k
Operating Lease, Expense — — — — — — — — — $600k
Other Nonoperating Income (Expense) $207k ($367k) $156k $1.1m $639k $707k ($520k) $2.6m $1.6m —
Earnings (Loss)es From Equity Investments — — — — — ($438k) $17k — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $6.0m $8.0m ($7.8m) $12.0m $6.7m $7.5m $16.3m $9.1m $2.2m $10.2m
Increase (Decrease) in Inventories ($5.7m) ($2.0m) $4.8m $6.7m $298k $790k ($2.0m) $8.7m ($917k) ($3.0m)
Increase (Decrease) in Other Operating Assets ($2.9m) $3.7m ($2.7m) ($1.1m) $3.2m $20.4m $5.6m ($494k) $1.7m $399k
Deconsolidation, Gain (Loss), Amount — — — — $98k — — — — —
Gain (Loss) on Investments — — — — — $5.0m $417k ($23k) ($766k) $1.4m
Gain (Loss) on Sale of Derivatives — — — — — — — — $41.6m —
Goodwill $8.7m $10.0m $11.1m $12.1m $25.9m $11.8m $10.0m $10.0m $12.7m $13.0m
Inventory Write-down — — — — — — — $1.1m $417k $1.3m
Investment Income, Interest $332k $295k $557k $448k $190k $34k $835k $5.1m $7.1m $7.7m
Marketable Securities, Unrealized Gain (Loss) — — — — $300 — — — — —
Proceeds from Stock Options Exercised — $108k — $1.4m $28k — — — — —
Revenue from Contract with Customer, Including Assessed Tax — — — $16.6m $379.3m $363.7m $315.5m $428.7m $425.2m $502.0m
Unrealized Gain (Loss) on Investments — — — — — $5.0m ($417k) $478k $351k $1.6m
Provision for credit losses — $762k $904k $658k $3.7m $1.8m $2.5m $2.4m $2.4m $2.0m
Stock-based compensation — $5.2m $4.5m $1.1m $1.1m $2.9m $3.0m $2.8m $2.3m $2.5m
Inventory valuation allowance — — — — — — — $1.1m $417k $1.3m
Unrealized (gain) loss on marketable equity securities and investments and others — — — — — $5.0m $417k ($23k) ($766k) ($1.6m)
Charitable donation of Class B common stock — — — — — — — $1.0m $0 $0
Trade accounts receivable — ($8.0m) $7.8m ($12.0m) ($6.7m) ($7.5m) ($16.3m) ($9.1m) ($2.2m) $10.2m
Inventory — $2.0m ($4.8m) ($6.7m) ($298k) ($790k) $2.0m ($8.7m) $917k ($3.0m)
Prepaid expenses — ($2.0m) $219k ($124k) $1.7m ($932k) ($2.7m) ($6.1m) $5.3m $1.3m
Other current assets and other assets — ($3.7m) $2.7m $1.1m ($3.2m) ($20.4m) ($5.6m) $494k ($1.7m) $399k
Trade accounts payable, accrued expenses and other current liabilities — $15.1m ($7.3m) $5.5m $15.9m $11.7m $11.6m $23.0m $3.1m $17.0m
Due to IDT Corporation — $88k $20k $147k ($124k) $275k ($367k) ($20k) ($10k) ($23k)
Income taxes payable — ($222k) ($741k) $128k $302k $7.9m $13.1m ($15.9m) $2.5m ($2.0m)
Purchase of equity of subsidiary — — ($4.1m) — — — — $0 ($1.2m) ($319k)
Payment of term loan — — — — — — — $0 $0 ($333k)
Proceeds from term loan, net — — — — — — — $0 $7.3m $0
Proceeds from exercise of warrants — — — — — — — $5.0m $0 $0
Redemption of preferred stock — — — — — — ($11.4m) ($8.4m) $0 $0
Cash payments made for interest — $310k $400k $529k $333k $433k $123k $93k $98k $578k
Cash payments made for income taxes — $2k $1.8m $702k $741k $49k $8.6m $20.7m $3.6m $7.0m
Beginning Cash Position — — — — — — $100.2m $104.6m $163.0m $200.6m
Cash Flow From Continuing Financing Activities — — — — — — ($25.5m) ($15.2m) ($15.8m) ($19.1m)
Cash Flow From Continuing Investing Activities — — — — — — ($5.2m) ($10.0m) ($16.0m) ($15.3m)
Cash Flow From Discontinued Operation — — — — — — ($1.5m) ($2.5m) ($1.3m) ($986k)
Cash From Discontinued Investing Activities — — — — — — ($44.1m) $23.6m $0 $0
Change In Account Payable — — — — — — $11.6m $23.0m $3.1m $17.0m
Change In Income Tax Payable — — — — — — $13.1m ($4.3m) $12.5m ($2.0m)
Change In Inventory — — — — — — $2.0m ($8.7m) $917k $3.0m
Change In Other Current Assets — — — — — — ($5.6m) $448k ($1.8m) ($399k)
Change In Payable — — — — — — $24.3m $18.7m $15.6m $15.0m
Change In Payables And Accrued Expense — — — — — — $24.3m $18.7m $15.6m $15.0m
Change In Prepaid Assets — — — — — — ($2.7m) ($6.1m) $5.3m ($1.3m)
Change In Receivables — — — — — — ($16.3m) ($9.1m) ($2.2m) ($10.2m)
Change In Tax Payable — — — — — — $13.1m ($4.3m) $12.5m ($2.0m)
Change In Working Capital — — — — — — $1.7m ($4.8m) $17.9m $6.0m
Changes In Account Receivables — — — — — — ($16.3m) ($9.1m) ($2.2m) ($10.2m)
Changes In Cash — — — — — — $4.3m $58.5m $37.6m $10.9m
End Cash Position — — — — — — $104.6m $163.0m $200.6m $211.5m
Financing Cash Flow — — — — — — ($25.5m) ($15.2m) ($15.8m) ($19.1m)
Free Cash Flow — — — — — — $79.7m $53.5m $62.7m $38.2m
Gain Loss On Sale Of Business — — — — — ($4.2m) $0 — — —
Investing Cash Flow — — — — — — ($49.3m) $13.6m ($16.0m) ($15.3m)
Net Business Purchase And Sale — — — — — — $0 $0 ($1.2m) ($319k)
Net PPE Purchase And Sale — — — — — — $0 ($7.7m) ($1.3m) $0
Net Preferred Stock Issuance — — — — — — ($11.4m) ($8.4m) $0 $0
Operating Gains Losses — — — — — ($4.7m) $17k — — —
Other Non Cash Items — — — — — ($7.9m) — $1.0m — —
Preferred Stock Payments — — — — — — ($11.4m) ($8.4m) $0 $0
Proceeds From Stock Option Exercised — — — — — — ($567k) $2.1m ($3.6m) ($2.1m)
Provisionand Write Offof Assets — — — — — — $2.5m $3.5m $2.8m $3.3m
Purchase Of Business — — — — — — $0 $0 ($1.2m) ($319k)
Purchase Of PPE $586k $3.3m $584k — — — $0 ($7.7m) ($1.3m) $0
Repurchase Of Capital Stock — — — — — — ($15.8m) ($8.4m) ($11.2m) ($8.7m)
Sale Of Business — — — — — $4.5m $0 — — —
Unrealized Gain Loss On Investment Securities — — — — — — $434k ($23k) ($766k) ($1.6m)
Other Operating Income (Expense), Net ($64k) — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $15.6m $9.3m $19.4m $15.8m $23.1m $67.0m $80.7m $62.5m $70.7m $46.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $586k $3.3m $584k ($404k) ($167k) ($126k) ($1.0m) ($1.4m) ($1.2m) ($1.9m)
Capital Expenditure Reported — — — — — — ($1.0m) ($1.4m) ($6.7m) ($8.2m)
Payments to Acquire Businesses, Net of Cash Acquired $8.7m $4.2m $250k $2.0m — — — — — —
Purchase of marketable equity securities and other investments — — — — ($5.0m) ($1.0m) ($2.7m) ($11.0m) ($6.1m) ($6.2m)
Net Investment Properties Purchase And Sale — — — — — — $0 $0 ($1.2m) ($1.9m)
Net Investment Purchase And Sale — — — — — — ($2.7m) ($977k) ($5.6m) ($5.0m)
Purchase Of Investment — — — — — — ($2.7m) ($11.0m) ($6.1m) ($6.2m)
Purchase Of Investment Properties — — — — — — $0 $0 ($1.2m) ($1.9m)
Proceeds from sale of marketable equity securities and other investments — — — — — — — $10.0m $582k $1.2m
Sale Of Investment — — — — — — $0 $10.0m $582k $1.2m
Net Other Investing Changes — — — — — $13k ($1.5m) $19k — —
Net cash used in investing activities of continuing operations — — — — ($2.5m) $2.7m ($5.2m) ($10.0m) ($16.0m) ($15.3m)
Net cash provided by investing activities of discontinued operations — — — — ($544k) — ($44.1m) $23.6m $0 $0
Net cash (used in) provided by investing activities — ($16.5m) ($2.9m) ($5.8m) ($3.0m) $2.7m ($49.3m) $13.6m ($16.0m) ($15.3m)
Net Cash Provided by (Used in) Investing Activities — ($16.5m) ($2.9m) ($5.8m) ($3.0m) $2.7m ($49.3m) $13.6m ($16.0m) ($15.3m)
Cash flows from financing activities:
Issuance Of Debt — — — — — — $0 $0 $7.3m $0
Long Term Debt Issuance — — — — — — $0 $0 $7.3m $0
Net Issuance Payments Of Debt — — — — — — $0 $0 $7.3m ($333k)
Net Long Term Debt Issuance — — — — — — $0 $0 $7.3m ($333k)
Long Term Debt Payments — — — — — $0 — $0 $0 ($333k)
Repayment Of Debt — — — — — $0 — $0 $0 ($333k)
Net Common Stock Issuance — — — — — — ($4.4m) ($37k) ($11.2m) ($8.7m)
Payments for Repurchase of Common Stock $29k $829k $889k $5.6m $1.7m $3.8m $4.4m $37k $10.4m —
Repurchases of Class B common stock — ($829k) ($889k) ($5.6m) ($1.7m) ($3.8m) ($4.4m) ($37k) ($10.4m) ($10.8m)
Common Stock Payments — — — — — — ($4.4m) ($37k) ($11.2m) ($8.7m)
Dividends paid — ($9) ($9) ($10) $10 $1 $9 $9 $8 $8
Cash Dividends Paid — — — — — — ($9.2m) ($8.9m) ($8.2m) ($8.0m)
Net cash used in financing activities of continuing operations — ($8.1m) ($4.2m) ($15.6m) ($15.2m) ($5.7m) ($25.5m) ($15.2m) ($15.8m) ($19.1m)
Net Cash Provided by (Used in) Financing Activities — $1.9m ($4.2m) ($15.6m) ($15.2m) ($5.7m) ($25.5m) ($15.2m) ($15.8m) ($19.1m)
Effect of exchange rate changes on cash, cash equivalents and restricted cash — — ($11k) $1k ($268k) ($30k) $17k ($60k) $7k ($51k)
Effect Of Exchange Rate Changes — — — — — — $17k ($67k) $7k ($51k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($11k) $1k $4.6m $64.0m $5.9m $60.9m $39.0m $11.8m
Net increase in cash, cash equivalents and restricted cash — — $12.3m ($5.6m) $4.6m $64.0m $5.9m $60.9m $39.0m $11.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $44.2m $38.6m $43.2m $102.1m $106.1m $165.5m $202.0m $211.5m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — $5.9m $60.9m $39.0m $11.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities — $310k $400k $529k $333k $433k $123k $93k $98k $578k
Income Taxes Paid, Net $745k $2k $1.8m $702k $741k $49k $8.6m $20.7m $3.6m $7.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.