← ACCURAY INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($25.5m) | ($29.6m) | ($23.9m) | ($16.4m) | $3.8m | ($6.3m) | ($5.3m) | ($9.3m) | ($15.5m) | ($1.6m) | — | |
| Depreciation, Depletion and Amortization | $18.3m | $18.0m | $9.7m | $10.5m | $7.5m | $6.4m | $5.5m | $4.5m | $5.9m | $6.2m | $7.5m | |
| Amortization of Debt Issuance Costs | $1.7m | $3.8m | $1.6m | $1.5m | $1.3m | $1.4m | $817k | $926k | $955k | $1.4m | — | |
| Amortization of Intangible Assets | $8.0m | $7.7m | $100k | $100k | $200k | $200k | $100k | $200k | $200k | — | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | — | — | — | $0 | — | |
| Deferred Income Tax Expense (Benefit) | ($404k) | ($268k) | $30k | ($86k) | $353k | ($114k) | $1.8m | $456k | $1.4m | $156k | $109k | |
| Share-based Payment Arrangement, Noncash Expense | $12.6m | $13.6m | $12.3m | $10.6m | $8.2m | $9.3m | $10.6m | $10.1m | $9.5m | $10.2m | $7.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.8m | $1.4m | $293k | — | $207k | $343k | $258k | $199k | $117k | $90k | — | |
| Share-based Payment Arrangement, Expense | $12.6m | $13.6m | $12.3m | $10.6m | $8.2m | $9.3m | $10.6m | $10.1m | $9.5m | $10.2m | $7.6m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4.4m | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | $0 | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | $149k | ($872k) | $241k | ($2.6m) | $1.8m | $4.7m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $13.0m | ($872k) | $241k | $2.6m | $1.8m | $4.7m | — | |
| Other Nonoperating Income (Expense) | $1.2m | ($18.7m) | ($19.2m) | ($14.9m) | ($6.7m) | ($27.7m) | ($10.4m) | ($11.7m) | ($2.5m) | $559k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($23.0m) | — | — | — | — | — | — | — | — | ($13.4m) | $12.6m | |
| Increase (Decrease) in Inventories | $10.5m | ($7.7m) | $8.7m | $14.2m | $23.2m | ($1.7m) | $22.9m | $6.9m | $4.0m | $9.1m | ($15.1m) | |
| Inventory Write-down | $2.4m | $2.3m | $1.6m | $2.3m | $4.2m | $6.9m | $3.5m | $4.4m | $6.0m | $2.2m | — | |
| Increase (Decrease) in Accounts Payable | $2.4m | $2.2m | $2.0m | $9.5m | ($6.8m) | ($4.0m) | $11.7m | $2.9m | $17.4m | ($18.7m) | $6.8m | |
| Net Cash Provided by (Used in) Operating Activities | $33.5m |
($380k)
-101.13%
|
$18.3m
+4923.95%
|
($29.6m)
-261.70%
|
($1.5m)
+95.04%
|
$38.5m
+2721.65%
|
($2.4m)
-106.23%
|
$15.5m
+747.46%
|
($11.9m)
-176.61%
|
$2.9m
+124.03%
|
($19.1m)
-768.39%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.1m | $5.0m | $6.3m | $4.3m | $3.6m | $2.3m | $4.7m | $12.6m | $3.6m | $4.3m | ($14.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($153k) | ($8k) | $8k | ($2.6m) | ($9k) | ($106k) | ($28k) | $135k | ($11k) | $242k | ($6.5m) | |
| Gain (Loss) on Investments | — | — | — | — | — | — | $0 | — | — | — | $499k | |
| Net Cash Provided by (Used in) Investing Activities | $8.3m | $17.8m | $17.8m | ($4.3m) | ($3.7m) | ($2.4m) | ($4.7m) | ($12.7m) | ($3.6m) | ($8.5m) | ($14.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | $115.9m | $0 | $0 | — | — | ($151.7m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($9.9m) | $0 | $0 | $0 | $1.5m | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $14.1m | $0 | $0 | — | — | — | |
| Proceeds from Issuance of Common Stock | $3.8m | — | — | — | — | $3.0m | $3.9m | $2.2m | $2.2m | $1.6m | $1.6m | |
| Net Cash Provided by (Used in) Financing Activities | ($757k) |
($54.5m)
-7104.49%
|
($27.5m)
+49.66%
|
$28.5m
+203.72%
|
$26.7m
-6.24%
|
($28.8m)
-207.90%
|
($15.4m)
+46.64%
|
($2.1m)
+86.26%
|
($4.0m)
-87.07%
|
($4.3m)
-7.62%
|
($2.5m)
+41.39%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($1.0m) | $197k | $8.3m | ($5.4m) | $21.7m | $8.3m | ($28.0m) | $1.0m | ($20.8m) | ($8.3m) | $44.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.0m) | $197k | $93.5m | $88.2m | $109.9m | $118.2m | $90.2m | $91.2m | $70.4m | $62.1m | $44.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($1.0m) | $197k | ($346k) | $124k | $234k | $982k | ($5.6m) | $302k | ($1.4m) | $1.7m | $135k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | — | — | $855k | $1.5m | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $10.3m | $9.9m | $9.2m | $9.8m | $12.3m | $11.9m | $7.5m | $9.8m | $10.5m | $9.7m | — | |
| Income Taxes Paid, Net | $1.0m | $4.5m | $1.5m | $2.2m | $2.8m | $1.9m | $1.4m | $2.1m | $1.7m | $3.9m | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | $6.3m | $4.1m | $3.4m | $3.4m | $4.2m | $4.9m | $0 | $0 | — | — | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | — | — | — | — | — | — | — | $65k | $0 | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | — | — | ($2.0m) | $1.6m | — | |
| Gain (Loss) on Termination of Lease | — | — | — | $1.0m | — | — | — | — | — | — | — | |
| General and Administrative Expense | $50.1m | $43.8m | $48.1m | $49.6m | $40.1m | $41.7m | $44.4m | $48.3m | $50.1m | $47.9m | — | |
| Goodwill | $57.8m | $57.8m | $57.9m | $57.8m | $57.7m | $58.0m | $57.8m | $57.7m | $57.7m | $57.8m | $4.4m | |
| Income Tax Expense (Benefit) | $2.3m | $1.0m | $878k | $2.1m | $1.9m | $1.8m | $3.3m | $2.5m | $3.7m | $2.7m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $13.0m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | $1.2m | — | |
| Operating Expenses | $163.6m | $151.2m | $165.5m | $162.1m | $137.2m | $137.3m | $151.8m | $151.6m | $142.4m | $139.1m | — | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $13.3m | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | — | — | ($101k) | — |