Company: UONE
Filing Date: 2025-05-14
Form Type: 10-Q
Source: 0001041657-25-000034
Chunk: 21

Company: URBAN ONE, INC.
Filing Date: 2025-05-14
Form: 10-Q
Item: Part I, Item 1
Chunk 21
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 payable(2,077)1,615 Accrued interest(11,125)(14,303)Accrued compensation and related benefits(3,407)(1,622)Reserve for audience deficiency(2,917)1,803 Other liabilities(677)(148)Net cash flows provided by (used in) operating activities2,085 (2,477)CASH FLOWS FROM INVESTING ACTIVITIES:  Purchase of property and equipment(2,547)(1,814)Proceeds from sale of equity securities— 829 Cash receipts related to disposition of station— 2,000 Investment in unconsolidated joint venture— (609)Net cash flows (used in) provided by investing activities(2,547)406 CASH FLOWS FROM FINANCING ACTIVITIES:  Purchase of ownership interest in Reach Media(3,232)(7,603)Repurchase of long-term debt(16,379)(66,225)Repurchase of common stock, including payments for taxes related to net share settlement of equity awards(997)(1,386)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(21,544)(75,753)NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH(22,006)(77,824)CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period137,574 233,570 CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period$115,568 $155,746   SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:Cash paid for:Interest$21,593 $26,777 Income taxes, net of refunds$33 $1,575 NON-CASH OPERATING, FINANCING, AND INVESTING ACTIVITIES:Operating right of use assets obtained in exchange for lease obligations$2,629 $3,921 Settlement of stock-based compensation liability$400 $4,650 Adjustment of redeemable non-controlling interests to estimated redemption value$(105)$1,004 

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

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URBAN