Castellum, Inc. Completes $2 Million Paydown, Retires Note Payable to Robert Eisiminger
Castellum (NYSE-American: CTM) announced on November 13, 2025 that it fully repaid a $2.0 million promissory note to Robert Eisiminger, eliminating that specific debt and leaving no outstanding principal balance on the note.
The company said part of the paydown came from Q3 free cash flow and part from cash reserves, reducing long-term debt to $0 and leaving current notes payable of $400,000, a marked change from one year earlier.
Castellum (NYSE-American: CTM) ha annunciato 13 novembre 2025 di aver integralmente rimborsato una nota promissoria di $2,0 milioni a Robert Eisiminger, eliminando quel debito specifico e non rimanendo alcun saldo principale sulla nota.
L'azienda ha dichiarato che parte del rimborso è derivata dal flusso di cassa libero del terzo trimestre e parte da riserve di cassa, riducendo il debito a lungo termine a $0 e lasciando note pagabili correnti di $400.000, una modifica significativa rispetto all'anno precedente.
Castellum (NYSE-American: CTM) anunció el 13 de noviembre de 2025 que pagó por completo una nota promissoria de $2,0 millones a Robert Eisiminger, eliminando esa deuda específica y dejando sin saldo principal pendiente en la nota.
La empresa dijo que parte del pago provino de flujo de efectivo libre del tercer trimestre y parte de las reservas de efectivo, reduciendo la deuda a largo plazo a $0 y dejando notas a pagar corrientes de $400,000, un cambio considerable respecto a un año antes.
Castellum (NYSE-American: CTM)는 2025년 11월 13일에 로버트 아이심링거(Robert Eisiminger)에게 $2.0 백만의 약속어음을 전액 상환하여 해당 특정 부채를 제거하고 어음의 남은 원금 잔액이 없다고 발표했다.
회사는 일부 상환이 3분기 자유현금흐름에서 비롯되었고 일부는 현금 준비금에서 비롯되었다고 말하며, 장기 부채를 $0으로 줄이고 현재 지급어음 40만 달러를 남겼다고 덧붙였는데, 이는 1년 전과 비교해 큰 변화다.
Castellum (NYSE-American: CTM) a annoncé le 13 novembre 2025 avoir entièrement remboursé une note promissoire de 2,0 millions de dollars à Robert Eisiminger, éliminant cette dette spécifique et ne laissant aucun solde principal en cours sur la note.
L'entreprise a déclaré que partie du remboursement provenait du flux de trésorerie disponible du troisième trimestre et une partie des réserves de trésorerie, réduisant la dette à long terme à $0 et laissant des billets à payer courants de 400 000 $, ce qui représente un changement marqué par rapport à l'année précédente.
Castellum (NYSE-American: CTM) gab am 13. November 2025 bekannt, dass es eine Promissory Note über 2,0 Mio. USD an Robert Eisiminger vollständig zurückgezahlt hat, wodurch diese spezifische Schuld entfällt und kein ausstehender Kapitalbetrag mehr auf der Note besteht.
Das Unternehmen erklärte, dass ein Teil der Rückzahlung aus dem Free Cash Flow im dritten Quartal stamme und ein Teil aus liquiden Mitteln, wodurch die langfristigen Schulden auf 0 USD gesenkt würden und kurzfristig zu zahlende Anleihen in Höhe von 400.000 USD verbleiben, eine deutliche Veränderung gegenüber dem Vorjahr.
Castellum (NYSE-American: CTM) أعلنت في 13 نوفمبر 2025 أنها سددت بالكامل سندًا إذنيًا بقيمة $2.0 مليون إلى روبرت إيسيمنجر، مما أزال تلك الديون المعينة وترك رصيدًا أساسيًا غير قائم على السند.
وقالت الشركة إن جزءًا من السداد جاء من التدفق النقدي الحر للربع الثالث وجزء من الاحتياطيات النقدية، مما خفّض الدين طويل الأجل إلى $0 وتبقى سندات قابلة للدفع حالياً بقيمة 400,000 دولار، وهو تغير بارز عن العام السابق.
- $2.0M promissory note fully repaid
- Long-term debt reduced to $0
- Current notes payable now $400,000
- Part of paydown funded by Q3 free cash flow
- Remaining $400,000 current notes payable
Insights
Castellum eliminated a
Castellum, Inc. used a mix of free cash flow from Q3 and cash reserves to retire a
The cleared debt improves basic leverage metrics on paper and increases optionality for near‑term reinvestment, particularly into business development as management stated; this benefit depends directly on continued positive operating cash flow and preserved cash reserves.
Watch the company’s next quarterly cash flow and balance sheet disclosures to confirm sustained free cash flow and the planned allocation of freed capacity toward contract capture; monitor the remaining
VIENNA, Va., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Castellum, Inc. (NYSE-American: CTM) (“Castellum” or “CTM”), a cybersecurity, electronic warfare, and software engineering services company focused on the federal government, announces that it has fully eliminated its
“With this paydown, part of which we were able to do from free cash flow generated in Q3 and part from our cash reserves, our long-term debt has been reduced to zero, and our current notes payable now stands at
“By advancing our debt reduction strategy, we continue to strengthen an already solid balance sheet and accelerate our commitment to disciplined, organic growth. Our improved financial position enables us to make strategic investments in business development capabilities that enhance our ability to capture major prime contract opportunities. This progress reflects our ongoing commitment to building a stronger Castellum; one that delivers for our people, our mission customers, and our shareholders,” said Glen Ives, Chief Executive Officer of Castellum. “We also would like to publicly thank Bob Eisiminger for his long-term support and commitment to CTM and our nation’s security, from having largely funded our first acquisition in 2019 to providing other support over the years. We are very pleased to be able to repay his promissory note fully.”
About Castellum, Inc. (NYSE-American: CTM):
Castellum, Inc. (NYSE-American: CTM) is a cybersecurity, electronic warfare, and software engineering services company focused on the federal government - https://castellumus.com/.
Cautionary Statement Concerning Forward-Looking Statements:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements represent the Company's expectations or beliefs concerning future events and can generally be identified by the use of statements that include words such as “estimate,” “project,” “believe,” “anticipate,” “shooting to,” “intend,” “plan,” “foresee,” “likely,” “will," “would,” “appears,” “goal,” “target” or similar words or phrases. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations for revenue growth and new customer opportunities, improvements to cost structure, and profitability. Forward-looking statements include, but are not limited to, statements regarding the Company's expectations for revenue growth and new customer opportunities and other customers, improvements to cost structure, and profitability. These forward-looking statements are subject to risks, uncertainties, and other factors, many of which are outside of the Company's control, that could cause actual results to differ materially from the results expressed or implied in the forward-looking statements, including, among others: the Company's ability to compete against new and existing competitors; its ability to effectively integrate and grow its acquired companies; its ability to identify additional acquisition targets and close additional acquisitions; the impact on the Company's revenue due to a delay in the U.S. Congress approving a federal budget, operating under a prolonged continuing resolution, government shutdown, or breach of the debt ceiling, as well as the imposition by the U.S. government of sequestration in the absence of an approved budget; the ability of the U.S. federal government to unilaterally cancel a contract with or without cause, and more specifically, the potential impact of the U.S. DOGE Service Temporary Organization on government spending and terminating contracts for convenience. For a more detailed description of these and other risk factors, please refer to the Company's Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission (“SEC”) which can be viewed at www.sec.gov. All forward-looking statements are inherently uncertain, based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. The Company expressly disclaims any intent or obligation to update any of the forward-looking statements made in this release or in any of its SEC filings except as may be otherwise stated by the Company.
Contact:
Glen Ives
President and Chief Executive Officer
Phone: (703) 752-6157
info@castellumus.com
https://castellumus.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/651d9aee-5a50-482d-a218-4efcb30edd44
FAQ
What did Castellum (CTM) announce on November 13, 2025 about its debt?
How did Castellum (CTM) fund the $2 million paydown announced November 13, 2025?
What is Castellum's (CTM) long-term debt after the November 13, 2025 paydown?
What remaining debt does Castellum (CTM) report after repaying $2 million?
Does the $2 million repayment affect Castellum's (CTM) ability to invest in growth?
