Company: NXDT
Filing Date: 2025-01-21
Form Type: 424B3
Source: 0001437749-25-001494
Chunk: 1823

Company: NEXPOINT DIVERSIFIED REAL ESTATE TRUST
Filing Date: 2025-01-21
Form: 424B3
Chunk 1823
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 June 30, 2024.

Cash Flows

The following table presents selected data from our consolidated statements of cash flows for the six months ended June 30, 2024 and 2023 (in thousands):

|                                                                 |     | For the Six Months Ended June 30 |    2024 |   |     |   |    2023 |   |
|:----------------------------------------------------------------|:----|:---------------------------------|--------:|:--|:----|:--|--------:|:--|
| Net cash used in operating activities                           |     | $                                |  (8,047 | ) |     | $ | (20,849 | ) |
| Net cash provided by investing activities                       |     |                                  |  42,222 |   |     |   |  18,633 |   |
| Net cash used in financing activities                           |     |                                  | (13,037 | ) |     |   |  (1,642 | ) |
| Net decrease in cash, cash equivalents and restricted cash      |     |                                  |  21,138 |   |     |   |  (3,858 | ) |
| Cash, cash equivalents and restricted cash, beginning of period |     |                                  |  53,169 |   |     |   |  48,649 |   |
| Cash, cash equivalents and restricted cash, end of period       |     | $                                |  74,307 |   |     | $ |  44,791 |   |

Cash flows from operating activities. During the six months ended June 30, 2024, net cash provided by (used in) operating activities was $(8.0) million, compared to net cash provided by operating activities of $(20.8) million for the six months ended June 30, 2023. The change in cash flows from operating activities was mainly attributable to a decrease in income taxes payable, life settlement premiums and accounts payable.

Cash flows from investing activities. During the six months ended June 30, 2024, net cash provided by investing activities was $42.2 million, compared to net cash provided by investing activities of $18.6 million for the six months ended June 30, 2023. The change in cash flows from investing activities was mainly due to the net cash acquired from the NHT Acquisition during the period.

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Cash flows from financing activities.