Oxford Square Capital (OXSQ) annual cash flow statement covering fiscal 2020 through 2025, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||||||||||||
Net increase/(decrease) in net assets resulting from operations | |||||||||||||||||||||
-18,731 | 5,879 | 17,238 | -85,554 | 39,584 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net increase/(decrease) in net assets resulting from operations | -18,731 | 5,879 | 17,238 | -85,554 | 39,584 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile net decrease in net assets resulting from operations to net cash (used in)/provided by operating activities: | |||||||||||||||||||||
Net (decrease)/increase in net assets resulting from operations | |||||||||||||||||||||
- | - | - | - | - | 1,711 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net (decrease)/increase in net assets resulting from operations | - | - | - | - | - | 1,711 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accretion of discounts on investments | |||||||||||||||||||||
2,863 | 1,688 | 1,094 | 880 | 740 | 1,397 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accretion of discounts on investments | 2,863 | 1,688 | 1,094 | 880 | 740 | 1,397 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accretion of discount on notes payable and deferred debt issuance costs | |||||||||||||||||||||
758 | 620 | 834 | 943 | 794 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accretion of discount on notes payable and deferred debt issuance costs | 758 | 620 | 834 | 943 | 794 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
PIK income | |||||||||||||||||||||
3,180 | 462 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
PIK income | 3,180 | 462 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accretion of discount on notes payable and deferred debt issuance costs | |||||||||||||||||||||
- | - | - | - | - | 569 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accretion of discount on notes payable and deferred debt issuance costs | - | - | - | - | - | 569 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-cash interest and dividend income due to PIK. | |||||||||||||||||||||
- | - | - | - | - | 271 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-cash interest and dividend income due to PIK. | - | - | - | - | - | 271 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of investments | |||||||||||||||||||||
98,171 | 100,181 | 11,680 | 84,214 | 202,009 | 70,657 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of investments | 98,171 | 100,181 | 11,680 | 84,214 | 202,009 | 70,657 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of principal | |||||||||||||||||||||
47,636 | 75,004 | 15,784 | 50,015 | 24,281 | 80,361 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of principal | 47,636 | 75,004 | 15,784 | 50,015 | 24,281 | 80,361 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from the sale of investments | |||||||||||||||||||||
10,742 | 11,794 | 19,585 | 14,580 | 16,139 | 53,336 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from the sale of investments | 10,742 | 11,794 | 19,585 | 14,580 | 16,139 | 53,336 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net realized losses on investments | |||||||||||||||||||||
- | - | - | - | 14,987 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net realized losses on investments | - | - | - | - | 14,987 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net realized losses on investments | |||||||||||||||||||||
-16,826 | -96,236 | -17,056 | -339 | - | -8,151 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net realized losses on investments | -16,826 | -96,236 | -17,056 | -339 | - | -8,151 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Reductions to CLO equity cost value | |||||||||||||||||||||
7,717 | 13,037 | 15,279 | 20,370 | 37,470 | 12,964 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Reductions to CLO equity cost value | 7,717 | 13,037 | 15,279 | 20,370 | 37,470 | 12,964 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Non-Affiliate/non-control investments | |||||||||||||||||||||
-24,331 | 75,675 | 7,124 | -105,902 | 38,471 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Non-Affiliate/non-control investments | -24,331 | 75,675 | 7,124 | -105,902 | 38,471 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in unrealized (appreciation)/depreciation on investments | |||||||||||||||||||||
- | - | - | - | - | 9,846 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in unrealized (appreciation)/depreciation on investments | - | - | - | - | - | 9,846 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in interest and distributions receivable | |||||||||||||||||||||
-721 | -1,252 | 483 | 428 | 765 | -1,180 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in interest and distributions receivable | -721 | -1,252 | 483 | 428 | 765 | -1,180 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Increase in other assets | |||||||||||||||||||||
-156 | 167 | 274 | 170 | 17 | 73 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Increase in other assets | -156 | 167 | 274 | 170 | 17 | 73 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in accrued interest payable | |||||||||||||||||||||
498 | - | -11 | - | 737 | -154 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in accrued interest payable | 498 | - | -11 | - | 737 | -154 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in Base Fee and Net Investment Income Incentive Fee payable | |||||||||||||||||||||
179 | -203 | 311 | 365 | -529 | 320 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in Base Fee and Net Investment Income Incentive Fee payable | 179 | -203 | 311 | 365 | -529 | 320 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
(Decrease)/increase in accrued expenses | |||||||||||||||||||||
-0 | -145 | 705 | -167 | 51 | -197 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
(Decrease)/increase in accrued expenses | -0 | -145 | 705 | -167 | 51 | -197 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash (used in)/provided by operating activities | |||||||||||||||||||||
-13,737 | 25,708 | 65,502 | 20,371 | -107,429 | 95,050 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash (used in)/provided by operating activities | -13,737 | 25,708 | 65,502 | 20,371 | -107,429 | 95,050 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||||||||
Distributions paid (net of stock issued under distribution reinvestment plan of $842,037 and $461,663, respectively, and distributions payable) | |||||||||||||||||||||
31,313 | 25,758 | 28,620 | 20,368 | 20,416 | 30,104 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions paid (net of stock issued under distribution reinvestment plan of $842,037 and $461,663, respectively, and distributions payable) | 31,313 | 25,758 | 28,620 | 20,368 | 20,416 | 30,104 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from issuance of 7.75% Unsecured Notes | |||||||||||||||||||||
74,750 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from issuance of 7.75% Unsecured Notes | 74,750 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred debt issuance costs paid | |||||||||||||||||||||
2,850 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred debt issuance costs paid | 2,850 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Principal repayment of 6.25% Unsecured Notes | |||||||||||||||||||||
44,790 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Principal repayment of 6.25% Unsecured Notes | 44,790 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Extinguishment of debt | |||||||||||||||||||||
166 | - | 190 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Extinguishment of debt | 166 | - | 190 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of credit facility | |||||||||||||||||||||
- | - | - | - | - | -28,090 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of credit facility | - | - | - | - | - | -28,090 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from issuance of notes payable – 5.50% Unsecured Notes | |||||||||||||||||||||
- | - | - | - | 80,500 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from issuance of notes payable – 5.50% Unsecured Notes | - | - | - | - | 80,500 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Debt issuance costs | |||||||||||||||||||||
- | - | - | - | 2,775 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Debt issuance costs | - | - | - | - | 2,775 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from issuance of common stock | |||||||||||||||||||||
35,344 | 29,720 | 25,324 | - | - | 5,873 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from issuance of common stock | 35,344 | 29,720 | 25,324 | - | - | 5,873 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Underwriting fees and offering costs for the issuance of common stock | |||||||||||||||||||||
560 | 485 | 1,305 | - | - | 51 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Underwriting fees and offering costs for the issuance of common stock | 560 | 485 | 1,305 | - | - | 51 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Principal repayment of 6.50% Unsecured Notes | |||||||||||||||||||||
- | - | 64,370 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Principal repayment of 6.50% Unsecured Notes | - | - | 64,370 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash provided by/(used in) financing activities | |||||||||||||||||||||
30,745 | 3,477 | -68,781 | -20,368 | 57,308 | -52,373 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash provided by/(used in) financing activities | 30,745 | 3,477 | -68,781 | -20,368 | 57,308 | -52,373 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net decrease in cash and cash equivalents | |||||||||||||||||||||
17,008 | 29,185 | -3,278 | 3 | -50,121 | 42,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net decrease in cash and cash equivalents | 17,008 | 29,185 | -3,278 | 3 | -50,121 | 42,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NON-CASH FINANCING ACTIVITIES | |||||||||||||||||||||
Reinvestment of distributions | |||||||||||||||||||||
830 | 907 | 882 | 500 | 400 | 161 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Reinvestment of distributions | 830 | 907 | 882 | 500 | 400 | 161 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
SUPPLEMENTAL DISCLOSURES | |||||||||||||||||||||
Cash paid for interest | |||||||||||||||||||||
7,987 | 7,226 | 10,003 | 11,410 | 8,963 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for interest | 7,987 | 7,226 | 10,003 | 11,410 | 8,963 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash paid for taxes | |||||||||||||||||||||
- | - | - | 252 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for taxes | - | - | - | 252 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash paid for taxes | |||||||||||||||||||||
419 | 483 | 673 | - | - | 7,468 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash paid for taxes | 419 | 483 | 673 | - | - | 7,468 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities sold not settled | |||||||||||||||||||||
- | - | - | - | - | 950 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities sold not settled | - | - | - | - | - | 950 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities purchased not settled | |||||||||||||||||||||
5,944 | 12,027 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities purchased not settled | 5,944 | 12,027 | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Securities purchased not settled | |||||||||||||||||||||
- | - | - | - | - | 23,156 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Securities purchased not settled | - | - | - | - | - | 23,156 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||