← Arena Group Holdings, 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) Attributable to Parent | ($2.2m) |
($6.3m)
-187.25%
|
($26.1m)
-314.81%
|
($38.5m)
-47.70%
|
($89.2m)
-131.76%
|
($89.9m)
-0.79%
|
($70.9m)
+21.22%
|
($55.6m)
+21.56%
|
($100.7m)
-81.19%
|
$124.9m
+223.98%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($2.2m) |
($6.3m)
-187.25%
|
($44.1m)
-601.96%
|
($38.5m)
+12.72%
|
($104.9m)
-172.39%
|
($89.9m)
+14.24%
|
($70.9m)
+21.22%
|
($55.6m)
+21.56%
|
($100.7m)
-81.19%
|
$124.9m
+223.98%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $1.1m | — | — | — | — | |
| Depreciation, Depletion and Amortization | — | $525k | — | $4.6m | $16.3m | $16.3m | $864k | $18.9m | $3.7m | $3.5m | $8.7m | |
| Amortization | — | $512k | $1.8m | $2.7m | $3.9m | $4.5m | — | — | — | — | $8.6m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | $2.1m | $1.6m | $2.4m | $658k | $142k | — | |
| Amortization of Intangible Assets | — | $512k | $594k | $7.8m | $20.3m | $20.2m | $20.7m | $27.4m | $11.9m | $8.8m | — | |
| Depreciation | $390 | $12k | $29k | $277k | $639k | $443k | $539k | $352k | $234k | $92k | $51k | |
| Amortization of platform development and intangible assets | — | $512k | $2.4m | $10.5m | $24.2m | $24.7m | $26.6m | $27.4m | $11.9m | $8.8m | — | |
| Amortization of debt costs | — | — | — | — | — | $2.1m | $1.6m | $2.4m | $658k | $142k | — | |
| Amortization Cash Flow | — | — | — | — | — | — | $26.6m | $27.4m | $11.9m | $8.8m | — | |
| Amortization Of Intangibles | — | — | — | — | — | — | $26.6m | $27.4m | $11.9m | $8.8m | $8.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $27.1m | $27.7m | $12.1m | $8.9m | $8.7m | |
| Deferred Income Tax Expense (Benefit) | — | — | $92k | $19.5m | ($211k) | ($1.7m) | ($1.1m) | $134k | $203k | ($69k) | ($242k) | |
| Deferred income taxes | — | — | ($92k) | ($19.5m) | $211k | ($1.7m) | ($1.2m) | $134k | $203k | ($69k) | ($242k) | |
| Deferred Tax | — | — | — | — | — | — | ($1.2m) | $134k | $203k | ($69k) | ($242k) | |
| Share-based Payment Arrangement, Noncash Expense | — | $1.6m | $4.3m | $10.4m | $14.6m | $30.5m | $31.3m | $19.1m | $3.0m | $485k | $367k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $4.5m | $1.4m | $534k | $29k | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | — | — | $510k | $367k | |
| Stock-based compensation | $1.1m | $1.6m | $4.3m | $10.4m | $14.6m | $30.5m | $31.3m | $19.1m | $3.0m | $485k | $367k | |
| Reclassification of stock-based compensation to platform development | — | — | $1.9m | $1.3m | $1.6m | $2.0m | $1.9m | $1.0m | $259k | $25k | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | — | — | $0 | $646k | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | — | — | — | — | — | $1.2m | ($466k) | $119k | $40.6m | $0 | — | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | $26.6m | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | $466k | — | — | — | — | — | |
| Loss on impairment of assets | — | — | — | — | — | $1.2m | $466k | $119k | $40.6m | $0 | — | |
| Asset Impairment Charge | — | — | — | — | — | — | $1.1m | $434k | $43.6m | $614k | $646k | |
| Nonoperating Income (Expense) | — | $65k | ($12.1m) | ($17.2m) | ($18.1m) | ($7.3m) | ($12.6m) | ($19.6m) | ($15.3m) | ($11.7m) | — | |
| Other Nonoperating Income (Expense) | — | — | — | $262 | ($279k) | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($2.0m) | ($24.6m) | $24.5m | ($96.3m) | ($90.9m) | |
| Increase (Decrease) in Accounts Receivable | — | $53k | — | $1.7m | ($362k) | $2.9m | $2.0m | $11.6m | ($10.5m) | ($8.2m) | $12.8m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | — | — | — | — | — | — | — | $315k | $3.0m | — | $12.8m | |
| Accounts receivable | — | ($53k) | — | ($1.7m) | $362k | ($2.9m) | ($2.0m) | ($11.6m) | $10.5m | $8.2m | $12.8m | |
| Change In Receivables | — | — | — | — | — | — | ($2.0m) | ($11.6m) | $10.5m | $8.2m | $12.8m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($2.0m) | ($11.6m) | $10.5m | $8.2m | $12.8m | |
| Increase (Decrease) in Accounts Payable | $116k | $8k | $1.6m | $3.3m | ($1.4m) | $3.8m | ($6.5m) | ($2.7m) | ($3.7m) | ($5.0m) | ($2.2m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | ($9.5m) | $790k | $26.0m | ($58.0m) | ($2.2m) | |
| Accrued expenses and other | ($70k) | $85k | ($130k) | $12.0m | ($3.4m) | $7.5m | ($3.0m) | $3.5m | $29.7m | ($53.1m) | — | |
| Unearned revenue | — | $31k | $104k | $9.2m | $21.7m | ($15.8m) | $3.9m | ($8.0m) | ($18.8m) | ($48.1m) | — | |
| Purchase of intangible asset with accrued expenses and other | — | — | — | — | — | $509k | $441k | $189k | $0 | $450k | — | |
| Change In Accrued Expense | — | — | — | — | — | — | ($3.0m) | $3.5m | $29.7m | ($53.1m) | ($54.9m) | |
| Prepayments and other current assets | ($118k) | ($53k) | ($424k) | ($1.7m) | ($357k) | $49k | $2.3m | ($2.2m) | $1.8m | $1.7m | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($285k) | ($77k) | $852k | $14k | $14k | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($6.0m) | ($6.8m) | ($2.0m) | ($90k) | ($488k) | |
| Net Cash Provided by (Used in) Operating Activities | ($1.1m) |
($4.2m)
-268.60%
|
($7.4m)
-76.85%
|
($57.0m)
-667.82%
|
($32.3m)
+43.30%
|
($14.7m)
+54.39%
|
($11.3m)
+23.26%
|
($24.8m)
-119.14%
|
($16.1m)
+35.10%
|
$39.2m
+344.13%
|
$37.5m
-4.33%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | ($59k) | $32k | $151k | $1.2m | $377k | $530k | ($3.8m) | $54k | $0 | ($9.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | — | $209k | $209k | — | — | $325k | |
| Capital Expenditure Reported | — | — | — | — | — | — | ($5.2m) | ($3.8m) | ($5.1m) | ($7.0m) | ($9.0m) | |
| Gain (Loss) on Sale of Investments | — | $0 | — | — | — | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | $500k | — | — | ($10.9m) | |
| Net Cash Provided by (Used in) Investing Activities | $519k | ($2.0m) | ($23.6m) | ($19.0m) | ($4.9m) | ($13.1m) | ($38.6m) | ($3.2m) | ($5.2m) | ($9.6m) | ($9.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | ($1.4m) | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | — | — | — | $17.3m | — | — | $5.9m | — | — | — | ($20.2m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | $71.0m | $11.7m | $5.1m | — | — | — | — | ($16.1m) | |
| Repayment of Term Debt | — | — | — | — | — | — | — | — | $0 | ($13.0m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | $36.8m | $13.5m | $25.7m | $0 | ($16.1m) | |
| Long Term Debt Issuance | — | — | — | — | — | $5.1m | $34.7m | $8.0m | $0 | — | ($16.1m) | |
| Long Term Debt Payments | — | — | — | — | — | — | ($5.9m) | $0 | $0 | ($23.7m) | ($20.2m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | $30.9m | $13.5m | $5.6m | ($23.7m) | ($20.2m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | $28.8m | $8.0m | $0 | ($23.7m) | ($20.2m) | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $2.1m | $5.5m | $5.6m | $0 | $11.8m | |
| Repayment Of Debt | — | — | — | — | — | — | ($5.9m) | $0 | ($20.0m) | ($23.7m) | ($20.2m) | |
| Short Term Debt Payments | — | — | — | — | — | — | — | — | ($20.0m) | $0 | $0 | |
| Proceeds from Issuance of Common Stock | — | $0 | $1.2m | — | — | $20.0m | — | — | $12.0m | $0 | $32.1m | |
| Proceeds from common stock private placement | — | $6.3m | $1.2m | — | — | $20.0m | — | — | $12.0m | $0 | — | |
| Payments of taxes from common stock withheld | — | — | — | — | — | ($70k) | ($4.5m) | ($1.4m) | ($534k) | ($29k) | — | |
| Repurchase of common stock for Fexy put option | — | — | — | — | — | — | — | — | $379k | $0 | — | |
| Issuance of common stock upon exercise of stock options | — | — | — | — | — | — | — | — | $0 | ($4k) | $32.1m | |
| Issuance of common stock upon conversion of convertible preferred stock | — | — | — | — | — | — | $511k | $13.0m | $15.0m | $168k | $32.1m | |
| Common Stock Issuance | — | — | — | — | — | — | $32.1m | $11.5m | $12.0m | $0 | $32.1m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $32.1m | $11.5m | $12.0m | $0 | $32.1m | |
| Net Other Financing Charges | — | — | — | — | — | — | ($8.6m) | ($2.1m) | ($734k) | ($29k) | ($8.0m) | |
| Net cash (used in) provided by financing activities | $1.2m |
$9.3m
+660.05%
|
$29.9m
+223.23%
|
$82.9m
+177.19%
|
$37.3m
-55.04%
|
$28.2m
-24.39%
|
$54.4m
+93.02%
|
$22.9m
-57.93%
|
$16.3m
-28.68%
|
($23.7m)
-245.02%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $1.2m |
$9.3m
+660.05%
|
$29.9m
+223.23%
|
$82.9m
+177.19%
|
$37.3m
-55.04%
|
$28.2m
-24.39%
|
$54.4m
+93.02%
|
$22.9m
-57.93%
|
$16.3m
-28.68%
|
($23.7m)
-245.02%
|
($20.2m)
+14.80%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $3.0m | ($1.1m) | $6.9m | $62k | $316k | $4.5m | ($5.1m) | ($4.9m) | $6.0m | $11.2m | |
| Cash and cash equivalents — beginning of year | — | $3.6m | $2.5m | $9.5m | $9.5m | $9.9m | $14.4m | $9.3m | $4.4m | $10.3m | — | |
| Beginning Cash Position | — | — | — | — | — | — | $9.9m | $14.4m | $9.3m | $4.4m | $2.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $3.6m | $2.5m | $9.5m | $9.5m | $9.9m | $14.4m | $9.3m | — | — | $11.2m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | — | $4k | — | $95k | — | — | — | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $39k | $2.9m | $646k | $1.4m | $9.5m | $12.1m | $17.8m | $11.6m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | $0 | $85k | $85k | $862k | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | $964k | ($1.0m) | $496k | $34k | — | ($1.0m) | ($313k) | $0 | — | |
| Gain (Loss) on Disposition of Assets | — | — | ($95k) | — | — | ($1.2m) | ($257k) | — | — | — | — | |
| General and Administrative Expense | — | $4.7m | $10.9m | $29.5m | $36.0m | $54.4m | $53.5m | $44.2m | $30.4m | $17.1m | — | |
| Goodwill | — | — | $7.3m | $16.1m | $16.1m | $19.6m | $39.3m | $42.6m | $42.6m | $42.6m | $646k | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | ($55.6m) | ($7.7m) | $28.6m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | ($67.4m) | ($55.6m) | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | ($3.5m) | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | ($93.0m) | $96.2m | — | |
| Income Tax Expense (Benefit) | — | $0 | ($92k) | ($19.5m) | $211k | ($1.7m) | ($1.1m) | $222k | $249k | $520k | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $14.7m | — | — | |
| Operating Expenses | — | $4.8m | $12.1m | $46.9m | $95.9m | $162.4m | $143.9m | $137.8m | $47.8m | $27.6m | — | |
| Operating Lease, Expense | — | — | — | $1.1m | — | — | — | — | — | — | — | |
| Proceeds from Contributions from Parent | — | $0 | — | — | — | — | — | — | — | — | — | |
| Provision for Loan, Lease, and Other Losses | — | — | — | — | — | — | — | — | — | $614k | — | |
| Unrealized Gain (Loss) on Derivatives | — | $65k | — | — | — | — | — | — | — | — | — | |
| Change in fair value of contingent consideration | — | — | ($964k) | $1.0m | ($496k) | ($34k) | — | $1.0m | $313k | $0 | — | |
| Liquidated damages | — | — | $2.9m | $729k | $1.5m | $2.6m | $1.1m | $583k | $306k | $305k | — | |
| Provision for credit losses | — | — | — | — | — | — | — | — | $3.0m | $614k | — | |
| Non-cash lease expense | — | — | — | — | — | — | — | — | $0 | $309k | — | |
| Other, net | — | — | — | ($363k) | ($245k) | ($499k) | $184k | — | ($19k) | ($4k) | — | |
| Subscription acquisition costs | — | — | ($3k) | ($5.0m) | ($34.9m) | $3.1m | ($1.7m) | $3.1m | $6.1m | $0 | — | |
| Other long-term assets | — | — | ($23k) | ($276k) | ($246k) | $692k | ($285k) | ($77k) | $852k | $14k | — | |
| Subscription and returns reserve liability | — | — | — | — | — | — | — | — | $404k | ($345k) | — | |
| Operating lease liability | — | — | — | — | — | ($2.5m) | ($218k) | ($231k) | ($304k) | $255k | — | |
| Contingent consideration | — | — | — | — | — | — | — | — | ($1.7m) | $0 | — | |
| Other long-term liabilities | — | — | — | — | $511k | ($1.2m) | ($3.4m) | ($6.1m) | ($406k) | $0 | — | |
| Purchases of intangible assets | ($20k) | $0 | — | — | — | — | — | — | $0 | ($2.5m) | — | |
| Capitalized platform development | — | ($2.0m) | ($2.2m) | ($2.5m) | ($3.8m) | ($4.8m) | ($5.2m) | ($3.8m) | ($5.1m) | ($7.0m) | — | |
| Payment of Fexy put option | — | — | — | — | — | — | — | — | ($561k) | $0 | — | |
| Repayments under line of credit | — | — | — | ($1.0m) | $7.2m | $4.8m | $2.1m | $5.5m | ($20.0m) | $0 | — | |
| Proceeds from Simplify loan | — | — | — | — | — | — | — | — | $25.7m | $0 | — | |
| Repayment of Simplify loan | — | — | — | — | — | — | — | — | $0 | ($10.7m) | — | |
| Payments of deferred cash payment | — | — | — | — | — | — | ($453k) | ($75k) | ($200k) | $0 | — | |
| Net change in cash and cash equivalents | — | $3.0m | ($1.1m) | $6.9m | $62k | $316k | $4.5m | ($5.1m) | ($4.9m) | $6.0m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $54.4m | $22.9m | $16.3m | ($23.7m) | ($20.2m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($38.6m) | ($3.2m) | ($5.2m) | ($9.6m) | ($9.0m) | |
| Change In Account Payable | — | — | — | — | — | — | ($6.5m) | ($2.7m) | ($3.7m) | ($5.0m) | ($2.2m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | $4.5m | ($5.1m) | ($4.9m) | $6.0m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $13.5m | ($4.8m) | ($12.7m) | ($48.1m) | ($47.6m) | |
| Change In Payable | — | — | — | — | — | — | ($6.5m) | ($2.7m) | ($3.7m) | ($5.0m) | ($2.2m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $2.3m | ($2.2m) | $1.8m | $1.7m | $1.6m | |
| Changes In Cash | — | — | — | — | — | — | $4.5m | ($5.1m) | ($4.9m) | $6.0m | $8.3m | |
| End Cash Position | — | — | — | — | — | — | $14.4m | $9.3m | $4.4m | $10.3m | $11.2m | |
| Financing Cash Flow | — | — | — | — | — | — | $54.4m |
$22.9m
-57.93%
|
$16.3m
-28.68%
|
($23.7m)
-245.02%
|
($20.2m)
+14.80%
|
|
| Free Cash Flow | — | — | — | — | — | — | ($17.0m) | ($28.5m) | ($21.3m) | $29.7m | $28.5m | |
| Investing Cash Flow | — | — | — | — | — | — | ($38.6m) | ($3.2m) | ($5.2m) | ($9.6m) | ($9.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | ($8.0m) | ($35.3m) | ($500k) | $0 | — | ($10.9m) | |
| Net Intangibles Purchase And Sale | — | — | — | — | — | $0 | — | — | $0 | ($2.5m) | ($2.9m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $0 | $2.5m | $0 | — | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($530k) | $0 | ($54k) | $0 | ($521k) | |
| Operating Gains Losses | — | — | — | — | — | ($5.8m) | — | $325k | — | — | $325k | |
| Other Non Cash Items | — | — | — | — | — | — | $3.2m | $7.8m | $1.3m | $752k | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $95k | $0 | ($561k) | $0 | $94k | |
| Purchase Of Business | — | — | — | — | — | ($8.0m) | ($35.3m) | ($500k) | $0 | — | ($10.9m) | |
| Purchase Of Intangibles | — | — | — | — | — | — | — | — | $0 | ($2.5m) | ($2.9m) | |
| Purchase Of PPE | — | — | $32k | $151k | $1.2m | $377k | ($530k) | $0 | ($54k) | $0 | ($9.0m) | |
| Sale Of Investment | — | — | — | — | — | $0 | $2.5m | $0 | — | — | — |