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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash Flows from Operating Activities:      
Net income $ 2,957 $ 5,789  
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation, amortization and accretion 14,998 12,720  
Share-based compensation 861 1,029  
Deferred income tax expense 58 1,473  
AFUDC-Equity (1,156) (892)  
Loss on disposal of fixed assets 1,251 309  
Operating lease expense 367 384  
Other adjustments 254 125  
Changes in assets and liabilities      
Accounts receivable and other current assets 85 (1,986)  
Accounts payable and other current liabilities 151 (915)  
Other noncurrent assets (195) 565  
Other noncurrent liabilities 537 3,184  
Net cash provided by operating activities 20,168 21,785  
Cash Flows from Investing Activities:      
Capital expenditures (67,321) (32,324)  
Cash paid for acquisitions, net of cash acquired (8,098) (150)  
Other cash flows used in investing activities 0 (4)  
Net cash used in investing activities (75,419) (32,478)  
Cash Flows from Financing Activities:      
Dividends paid (8,201) (7,298)  
Advances and contributions in aid of construction 6,165 10,627  
Refunds of advances for construction (1,427) (1,355)  
Principal payments under finance lease (401) (273)  
Proceeds from issuance of long-term debt 15,222 22,357  
Repayments of long-term debt (3,933) (3,923)  
Revolver borrowings 10,950 0  
Revolver repayments (10,950) (2,315)  
Issuance of common stock, net of issuance costs 44,130 0  
Financing costs of debt and equity transactions (443) (418)  
Other financing activities (182) (316)  
Net cash provided by financing activities 50,930 17,086  
Increase (Decrease) in cash, cash equivalents, and restricted cash (4,321) 6,393  
Cash, cash equivalents, and restricted cash — Beginning of period 6,835 11,156 $ 4,763
Cash, cash equivalents, and restricted cash — End of period 6,835 11,156 4,763
Supplemental disclosure of cash flow information:      
Cash and cash equivalents 4,080 9,047  
Restricted cash 2,755 2,109  
Total cash, cash equivalents, and restricted cash $ 6,835 $ 11,156 $ 4,763