Company: UONE
Filing Date: 2025-11-04
Form Type: 10-Q
Source: 0001041657-25-000054
Chunk: 57

Company: URBAN ONE, INC.
Filing Date: 2025-11-04
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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 related benefits(2,280)(5,579)Reserve for audience deficiency(7,155)7,357 Other liabilities5,135 (8,817)Net cash flows provided by operating activities8,129 1,860 INVESTING ACTIVITIES  Purchase of property and equipment(6,865)(5,672)Proceeds from sale of equity securities— 829 Cash receipts related to disposition of station— 3,750 Investment in unconsolidated joint venture— (609)Other investments(200)— Acquisition of station and broadcasting assets(250)— Net cash flows used in investing activities(7,315)(1,702)FINANCING ACTIVITIES  Purchase of ownership interest in Reach Media(3,232)(7,603)Repurchase of long-term debt(51,878)(104,809)Repurchase of common stock, including payments for taxes related to net share settlement of equity awards(2,532)(5,288)Release of secured letters of credit deposit— 1,260 Payment of dividends to non-controlling interest members of Reach Media(936)(1,799)Net cash flows used in financing activities(58,578)(118,239)NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH(57,764)(118,081)CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period137,574 233,570 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period$79,810 $115,489   SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:Cash paid for:Interest$40,605 $50,389 Income taxes, net of refunds$238 $2,341 NON-CASH FINANCING AND INVESTING ACTIVITIES:Settlement of stock-based compensation liability$450 $4,680 Adjustment of redeemable non-controlling interests to estimated redemption value$(1,179)$2,542 Non-cash additions to property and equipment$1,785 $— 

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

9

URBAN ONE, INC. AND SUBSIDIARIES

NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

1. OR