← Seanergy Maritime Holdings Corp.

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 From Continuing Operations — — — — — — $17.2m $2.3m $43.5m $21.2m
Net Income (Loss) Attributable to Parent ($24.6m) ($3.2m) ($21.1m) ($11.7m) ($18.4m) $41.3m $17.2m $2.3m $43.5m $21.2m
Net Income (Loss) Available to Common Stockholders, Basic ($24.6m) ($3.2m) ($21.1m) ($11.7m) ($18.4m) $41.3m $16.9m $2.2m $41.9m $20.8m
Amortization of Deferred Charges $556k $870k $634k $844k $2.3m $2.8m $4.9m $4.2m $4.2m $5.4m
Amortization of Debt Issuance Costs $265k $531k — $1.1m $1.1m $3.7m $2.9m $2.2m $1.7m $1.9m
Amortization of Debt Issuance Costs and Discounts — — — $1.1m $1.1m $3.7m $2.9m $2.2m $1.7m $1.9m
Depreciation $8.5m $10.5m $10.9m $11.0m $12.7m $17.2m $23.4m $24.7m $25.5m $30.8m
Depreciation Amortization Depletion — — — — — — $23.4m $24.7m $25.5m $30.8m
Share-based Payment Arrangement, Noncash Expense $624k $730k $1.3m $1.3m $869k $5.1m $7.2m $9.1m $5.0m $4.1m
Gain (Loss) on Extinguishment of Debt $0 $0 — $0 $0 ($6.9m) ($1.3m) ($540k) ($653k) ($1.7m)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $0 — — — — $697k $0 $8.1m $0 $2.3m
Income Tax Expense (Benefit) $34k $0 $16k $54k $0 $0 ($28k) $0 $0 —
Interest Expense Nonoperating — — — — — — — — $20.6m $21.7m
Operating Lease, Expense — — — — $180k $179k $161k $166k $165k $172k
Operating Lease, Lease Income — — — — — — $122.6m $107.0m $164.9m $155.5m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $1.5m $843k $511k ($845k) ($962k) ($801k) $839k $176k ($492k) $467k
Increase (Decrease) in Inventories $1.1m $748k $492k ($1.4m) $788k ($3.2m) $840k ($219k) $135k ($28k)
Increase (Decrease) in Accounts Payable $371k $2.3m $5.5m $1.7m ($12.4m) $348k ($589k) ($2.2m) $1.5m $5.3m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — — — — $2.8m $0 $0 —
Foreign Currency Transaction Gain (Loss), before Tax ($45k) ($77k) ($104k) ($52k) ($15k) ($81k) ($10k) ($276k) $58k ($132k)
General and Administrative Expense $4.1m $5.1m $6.5m $6.0m $6.6m $13.7m $17.4m $22.1m $24.0m $20.5m
Nonoperating Income (Expense) ($9.9m) ($6.0m) ($25.3m) ($23.7m) ($18.1m) ($24.6m) ($12.5m) ($19.1m) ($19.1m) ($22.1m)
Operating Costs and Expenses $14.3m $19.6m $20.7m $19.0m $22.3m $36.3m $43.5m $42.3m $47.0m $53.8m
Payments for Repurchase of Warrants — — — $0 $0 $1.0m $0 $808k $0 $0
Payments of Financing Costs $584k $561k $1.2m $698k $3.6m $2.7m $1.4m $1.3m $2.6m $2.4m
Beginning Cash Position — — — — — — $45.6m $32.5m $24.9m $34.9m
Cash Flow From Continuing Financing Activities — — — — — — $5.8m ($56.6m) $14.1m ($1.5m)
Cash Flow From Continuing Investing Activities — — — — — — ($56.3m) $17.7m ($79.4m) ($23.3m)
Change In Account Payable — — — — — — ($589k) ($2.2m) $1.5m $5.3m
Change In Accrued Expense — — — — — — $2.2m ($1.2m) $2.4m $1.9m
Change In Inventory — — — — — — ($840k) $219k ($135k) $28k
Change In Other Current Assets — — — — — — ($639k) ($582k) ($1.5m) ($370k)
Change In Other Current Liabilities — — — — — — $0 $0 $0 ($1.1m)
Change In Other Working Capital — — — — — — ($16.1m) $433k ($5.7m) ($15.5m)
Change In Payable — — — — — — ($589k) ($2.2m) $1.5m $5.3m
Change In Payables And Accrued Expense — — — — — — $1.6m ($3.4m) $3.9m $7.3m
Change In Prepaid Assets — — — — — — $22k ($141k) ($2.3m) $85k
Change In Receivables — — — — — — ($839k) ($176k) $492k ($467k)
Change In Working Capital — — — — — — ($16.8m) ($3.6m) ($5.3m) ($10.1m)
Changes In Account Receivables — — — — — — ($839k) ($176k) $492k ($467k)
Changes In Cash — — — — — — ($13.1m) ($7.5m) $10.0m $27.7m
End Cash Position — — — — — — $32.5m $24.9m $34.9m $62.7m
Financing Cash Flow — — — — — — $5.8m ($56.6m) $14.1m ($1.5m)
Free Cash Flow — — — — — — ($33.2m) $30.8m $927k $17.0m
Gain Loss On Sale Of PPE — — — — — — $0 ($8.1m) $0 ($2.3m)
Investing Cash Flow — — — — — — ($56.3m) $17.7m ($79.4m) ($23.3m)
Issuance Of Capital Stock — — — — — — $70k $8k $5.8m $845k
Net Business Purchase And Sale — — — — — — — $0 $0 ($830k)
Net PPE Purchase And Sale — — — — — — ($70.5m) $23.4m ($74.4m) ($14.0m)
Net Preferred Stock Issuance — — — — — $250k $0 $0 — —
Operating Gains Losses — — — — — — $1.3m ($7.6m) $653k ($691k)
Other Non Cash Items — — — — — — $4.9m $6.4m $5.9m $7.3m
Preferred Stock Issuance — — — — — $250k $0 $0 — —
Proceeds From Stock Option Exercised — — — — — — $0 ($808k) $0 $0
Purchase Of Business — — — — — — — $0 $0 ($830k)
Purchase Of PPE $40.8m $33.0m $30.9m $12.3m $20.2m $197.2m ($70.5m) ($490k) ($74.4m) ($35.6m)
Repurchase Of Capital Stock — — — — — — $0 ($1.7m) ($4.8m) $0
Sale Of PPE — — — — — — $0 $23.9m $0 $21.6m
Stock Based Compensation — — — — — — $7.2m $9.1m $5.0m $4.1m
Net Cash Provided by (Used in) Operating Activities ($15.3m) $2.8m $5.7m $13.1m ($9.7m) $80.8m $37.3m $31.3m $75.3m $52.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — $20.2m $197.2m $70.3m $314k $70.7m $35.6m
Net Investment Purchase And Sale — — — — — $100k $1.5m $0 $0 —
Purchase Of Investment — — — — — $0 ($10.0m) $0 $0 —
Sale Of Investment — — — — — $100k $11.5m $0 $0 —
Net Other Investing Changes — — — — — — $12.7m ($5.7m) ($5.0m) ($8.5m)
Net Cash Provided by (Used in) Investing Activities ($40.8m) ($33.0m) ($8.8m) ($12.3m) ($21.9m) ($184.6m) ($56.3m) $17.7m ($79.4m) ($23.3m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $32.0m $34.5m $67.1m $6.4m $22.5m $180.3m $124.8m $53.8m $120.8m $155.8m
Issuance Of Debt — — — — — — $124.8m $53.8m $120.8m $155.8m
Long Term Debt Issuance — — — — — — $124.8m $53.8m $120.8m $155.8m
Net Issuance Payments Of Debt — — — — — — $25.1m ($46.8m) $26.0m $8.8m
Net Long Term Debt Issuance — — — — — — $25.1m ($46.8m) $26.0m $8.8m
Long Term Debt Payments — — — — — — ($99.7m) ($100.5m) ($94.8m) ($147.1m)
Repayment Of Debt — — — — — — ($99.7m) ($100.5m) ($94.8m) ($147.1m)
Common Stock Issuance — — — — — — $70k $8k $5.8m $845k
Net Common Stock Issuance — — — — — — $70k ($1.7m) $973k $845k
Payments for Repurchase of Common Stock — — — $0 $0 $1.7m $0 $1.7m $4.8m $0
Payments of Ordinary Dividends, Common Stock — — — $0 $0 $1.7m $17.9m $6.0m $10.8m $9.5m
Common Stock Payments — — — — — — $0 ($1.7m) ($4.8m) $0
Dividends Payable — — — — — — $4.5m $491k $5.3m $2.7m
Cash Dividends Paid — — — — — — ($17.9m) ($6.0m) ($10.8m) ($9.5m)
Common Stock Dividend Paid — — — — — — ($17.9m) ($6.0m) ($10.8m) ($9.5m)
Proceeds from (Payments for) Other Financing Activities — — — — — — — — $503k $805k
Net Other Financing Charges — — — — — — ($1.4m) ($1.3m) ($2.1m) ($1.6m)
Net Cash Provided by (Used in) Financing Activities $65.7m $25.3m ($491k) $6.4m $39.1m $127.4m $5.8m ($56.6m) $14.1m ($1.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $12.6m ($4.9m) ($3.6m) $7.1m $7.5m $23.6m ($13.1m) ($7.5m) $10.0m $27.7m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $12.6m $11.0m $7.4m $14.6m $22.1m $45.6m $32.5m $24.9m $34.9m $62.7m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($13.1m) ($7.5m) $10.0m $27.7m
Interest Paid, Excluding Capitalized Interest, Operating Activities $8.0m $14.7m $18.5m $14.1m $10.3m $11.2m $11.7m $18.4m $20.1m $19.6m

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