Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 2331

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 2331
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. As a result, our ability to fund capital expenditures, acquisitions, or redevelopment through retained earnings long-term is limited. Consequently, we expect to rely heavily upon the availability of debt or equity capital for these purposes. If we are unable to obtain the necessary capital on favorable terms, or at all, our financial condition, liquidity, results of operations, and prospects could be materially and adversely affected.

We believe that our available cash, expected operating cash flows, and potential debt or equity financings will provide sufficient funds for our operations, anticipated scheduled debt service payments and dividend requirements for the twelve-month period following March 31, 2024.

Cash Flows

The following table presents selected data from our consolidated statements of cash flows for the three months ended March 31, 2024 and 2023 (in thousands):

|                                                                 |     | For the Three Months Ended March 31, |   2024 |   |     |   |    2023 |   |
|:----------------------------------------------------------------|:----|:-------------------------------------|-------:|:--|:----|:--|--------:|:--|
| Net cash provided by (used in) operating activities             |     | $                                    | (2,555 | ) |     | $ |     505 |   |
| Net cash provided by investing activities                       |     |                                      |  7,436 |   |     |   |   8,234 |   |
| Net cash used in financing activities                           |     |                                      | (4,361 | ) |     |   | (12,587 | ) |
| Net decrease in cash, cash equivalents and restricted cash      |     |                                      |    520 |   |     |   |  (3,848 | ) |
| Cash, cash equivalents and restricted cash, beginning of period |     |                                      | 53,169 |   |     |   |  48,649 |   |
| Cash, cash equivalents and restricted cash, end of period       |     | $                                    | 53,689 |   |     | $ |  44,801 |   |

Cash flows from operating activities. During the three months ended March 31, 2024, net cash provided by (used in) operating activities was $(2.6) million, compared to net cash provided by operating activities of $0.5 million for the three months ended March 31, 2023. The change in cash flows from operating activities was mainly attributable to a