Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q2 2021 Earnings Conference Call August 3, 2021 8:30 AM ET Company Participants Craig Felenstein - CFO Dolf Berle - CEO Sven Lindblad - Founder and Co-Chair Conference Call Participants Steve Wieczynski - Stifel Chris Woronka - Deutsche Bank Alex Fuhrman - Craig-Hallum Operator Good morning, and welcome to the Lindblad Expeditions Inc., Second Quarter 2021 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I ...

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q1 2021 Earnings Conference Call April 29, 2021 8:30 AM ET Company Participants Craig Felenstein - CFO Sven Lindblad - CEO Conference Call Participants Steve Wieczynski - Stifel Alex Fuhrman - Craig-Hallum Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lindblad Expeditions' First Quarter Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions] ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 27-4749725 (State or other jurisdict ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________to ______________ Commission File Number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) | Delaware ...

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q4 2020 Earnings Conference Call March 9, 2021 8:30 AM ET Company Participants Craig Felenstein - CFO Sven Lindblad - CEO Conference Call Participants Steve Wieczynski - Stifel Chris Woronka - Deutsche Bank Greg Pendy - Sidoti Swan Lawrence - Undervalued Shares Operator Good morning, and welcome to the Lindblad Expeditions, Inc. Fourth Quarter 2020 Financial Results Conference Call. [Operator Instructions] Please note, this event is being recorded. I would ...

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Q3 2020 Results Conference Call October 29, 2020 8:30 AM ET Company Participants Sven Lindblad - Founder and CEO Craig Felenstein - CFO Conference Call Participants Steve Wieczynski - Stifel Alex Fuhrman - Craig-Hallum Capital Chris Woronka - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by, and welcome to the Lindblad Expeditions Incorporated reports Third Quarter 2020 Financial Results Conference Call. At this time, all participants a ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact name of registrant as specified in its charter) | Delaware | 27-4749725 | | --- | --- | | ...

Financial Data and Key Metrics Changes - The company reduced operating expenses before depreciation and amortization, interest, and taxes by over 60% in Q2 2020 compared to the same quarter last year [35] - Estimated monthly cash usage has been lowered to $10 million to $15 million, which includes all ship and office operating expenses, necessary capital expenditures, and expected interest and principal payments [35][36] - Net cash spend during the quarter was $57 million, which included approximately $31 million in operating costs, excluding refunds [36] Business Line Data and Key Metrics Changes - Bookings for 2021 are currently 6% ahead of 2020 at the same point a year ago and 35% ahead of 2019 at the same point in 2018 [41] - The company has generated over $30 million in new bookings since March 1, 2020, from guests not utilizing future travel credits [42] Market Data and Key Metrics Changes - Current bookings for 2020 are down 62% compared to 2019 due to voyage cancellations, but demand for future expedition travel remains strong [41] - The majority of guests are opting for future travel credits instead of full refunds for canceled voyages, indicating a positive trend in customer sentiment [39] Company Strategy and Development Direction - The company is focusing on reactivation plans that include credible medical solutions, welcoming geographies, and ensuring traveler safety [15][16][17] - There is a strong belief that pent-up demand for expedition cruising will significantly increase post-pandemic [17][28] - The company aims to enhance its liquidity position through various strategies, including potential financing in public and private markets [49] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the uncertainty in the broader travel and tourism industry but remains optimistic about resuming operations soon [27] - The company has taken significant steps to preserve capital and maintain its brand reputation during the shutdown [18][24] - There is a clear opportunity to expand operations in French Polynesia post-COVID, which could become a major geography for the company [76] Other Important Information - The company ended the quarter with $81 million in unrestricted cash and $21 million in restricted cash related to deposits on voyages originating in the U.S. [43] - The company has deferred approximately $9 million in principal payments under export credit agreements to enhance liquidity [44] Q&A Session Summary Question: Regarding 2021 booking commentary and new bookings - The $30 million in bookings since March represents new bookings, not including those using future travel credits [51] Question: Cash inflow from new bookings versus refunds - Currently, cash inflow from new bookings does not exceed refunds going out, but this is expected to change as fewer refunds are processed [54][55] Question: Return to operations and air service plans - The return to operations depends on geography, with plans for charter services being explored to mitigate costs and ensure safety [56][58] Question: Incremental costs to bring ships back online - Costs to bring ships back online will primarily involve crew travel and salaries, along with necessary repairs [70][72] Question: Major regions for upcoming voyages - Key regions for upcoming voyages include Antarctica, the Galapagos Islands, and Central America, with a focus on expanding operations in French Polynesia [74][76] Question: Noteworthy trends in new bookings - Guests using future travel credits are generally rebooking similar voyages, with some opting to upgrade cabins or book additional voyages [79]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact name of registrant as specified in its charter) | Delaware | 27-4749725 | | --- | --- | | (Sta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2020 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35898 LINDBLAD EXPEDITIONS HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware 27-4749725 (State or other jurisdict ...