← Alphatec 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), Including Portion Attributable to Noncontrolling Interest | ($29.9m) | ($2.3m) | ($29.0m) | ($57.0m) | ($79.0m) | ($144.3m) | ($152.1m) | ($186.6m) | ($162.1m) | ($143.4m) | — | |
| Depreciation, Depletion and Amortization | $12.4m | $7.5m | $6.8m | $7.6m | $10.9m | $26.8m | $41.2m | $56.1m | $78.4m | $77.5m | $82.4m | |
| Depreciation | $7.4m | $6.6m | $6.0m | $6.8m | $9.2m | $20.3m | $31.0m | $40.9m | $62.1m | $60.4m | $82.4m | |
| Amortization | $1.6m | $900k | $800k | $700k | $1.8m | $6.4m | $10.2m | $15.2m | $16.4m | $17.1m | — | |
| Amortization of Debt Issuance Costs and Discounts | $3.6m | $2.8m | $2.1m | $3.7m | $4.0m | $1.9m | $2.0m | $3.6m | $4.5m | $22.5m | — | |
| Amortization of Intangible Assets | $934k | $688k | $738k | $698k | $688k | $5.3m | $10.1m | $14.3m | $16.3m | $15.1m | — | |
| Deferred Income Tax Expense (Benefit) | ($4.7m) | ($36k) | ($1.4m) | ($446k) | $10k | ($191k) | $743k | ($830k) | ($586k) | ($588k) | — | |
| Share-based Payment Arrangement, Noncash Expense | $1.6m | $3.9m | $5.3m | $11.0m | $17.7m | $36.5m | $40.6m | $81.2m | $73.3m | $73.7m | $77.6m | |
| Share-based Payment Arrangement, Expense | $1.6m | $3.9m | $5.3m | $11.0m | $17.7m | $36.5m | $40.6m | $81.2m | $73.3m | $73.7m | $77.6m | |
| Goodwill and Intangible Asset Impairment | $1.7m | — | $0 | $0 | $0 | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $13.7m | |
| Impairment of Intangible Assets (Excluding Goodwill) | $1.7m | — | — | — | — | $0 | $0 | $0 | $0 | $0 | — | |
| Nonoperating Income (Expense) | ($15.6m) | $4.4m | ($7.7m) | ($9.9m) | — | — | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | ($715k) | ($133k) | — | ($9.9m) | — | ($1.6m) | $471k | $3.1m | ($1.0m) | $1.6m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($8.0m) | ($4.2m) | $396k | $1.3m | $7.5m | $10.1m | $18.8m | $12.8m | $14.6m | $21.9m | ($20.8m) | |
| Increase (Decrease) in Inventories | $5.7m | ($258k) | $6.0m | $14.7m | $18.2m | $27.7m | $20.7m | $45.6m | $54.7m | $6.3m | ($39.4m) | |
| Inventory Write-down | $5.7m | $2.5m | — | $8.6m | $7.0m | $11.1m | $9.8m | $13.6m | $15.4m | $13.5m | — | |
| Increase (Decrease) in Accounts Payable | ($4.9m) | ($2.6m) | $16k | $6.0m | $7.1m | $757k | $9.8m | $7.0m | $9.7m | ($11.2m) | $8.8m | |
| Net Cash Provided by (Used in) Operating Activities | ($10.0m) |
($8.7m)
+12.35%
|
($25.6m)
-193.37%
|
($33.1m)
-29.34%
|
($46.4m)
-40.13%
|
($73.4m)
-58.22%
|
($75.1m)
-2.33%
|
($78.5m)
-4.45%
|
($44.7m)
+43.11%
|
$45.2m
+201.30%
|
$56.5m
+24.97%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $8.9m | $7.6m | $6.5m | $13.0m | $23.1m | $68.5m | $49.5m | $80.5m | $83.2m | $42.5m | ($62.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | — | — | — | — | — | ($2.0m) | ($2.6m) | ($3.7m) | ($3.1m) | ($2.5m) | $13.9m | |
| Payments to Acquire Investments | — | — | — | — | — | $3.0m | — | — | — | — | ($3.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | $15.1m | — | — | $62.1m | — | $55.0m | — | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | — | — | — | — | — | $770k | — | |
| Net Cash Provided by (Used in) Investing Activities | $62.0m | ($6.5m) | ($21.7m) | ($13.0m) | ($23.9m) | ($157.8m) | ($58.3m) | ($142.0m) | ($93.1m) | ($53.4m) | ($72.2m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($9.5m) | — | ($590k) | — | ($7.6m) | ($7.4m) | — | $0 | $0 | ($17.6m) | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $25.0m | — | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $114k | — | $51.9m | $2.0m | $3.3m | $131.8m | — | $213.2m | $0 | $0 | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | ($2.2m) | $584k | ($1.5m) | ($1.9m) | ($2.1m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($43.4m) |
$17.8m
+141.07%
|
$53.9m
+202.37%
|
$64.2m
+19.11%
|
$130.8m
+103.84%
|
$312.0m
+138.45%
|
$31.2m
-89.99%
|
$356.9m
+1042.95%
|
$56.2m
-84.25%
|
$30.0m
-46.59%
|
($22.4m)
-174.65%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($85k) | $244k | ($20k) | $18.1m | $60.7m | $79.5m | ($102.6m) | $136.3m | ($82.1m) | $22.0m | $118.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $47.1m | $107.8m | $187.2m | $84.7m | $221.0m | $138.8m | $160.8m | $118.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $7.4m | $4.7m | $5.1m | $6.0m | $6.3m | $5.0m | $3.9m | $17.3m | $20.3m | $23.8m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | — | — | — | — | — | — | — | — | $620k | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $7.9m | $856k | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Realized | ($400k) | — | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | $856k | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Sale of Derivatives | — | ($281k) | ($130k) | ($127k) | ($498k) | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | $6.2m | — | — | — | — | — | — | — | — | |
| General and Administrative Expense | $26.3m | $23.2m | — | — | — | — | — | — | — | — | — | |
| Goodwill | $0 | — | $13.9m | $13.9m | $13.9m | $39.7m | $39.8m | $73.0m | $71.0m | $75.2m | $13.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($26.3m) | ($4.5m) | ($28.8m) | ($56.9m) | ($79.0m) | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.6m) | $2.2m | ($167k) | ($100k) | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($4.6m) | ($34k) | ($1.4m) | ($239k) | $145k | $164k | $140k | ($277k) | $50k | ($45k) | — | |
| Investment Income, Interest | $3k | — | — | — | — | — | — | — | — | — | — | |
| Operating Expenses | $91.5m | $71.3m | $85.7m | $124.9m | $161.4m | $285.8m | $380.0m | $483.6m | $560.4m | $614.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | $4.5m | $4.6m | $5.0m | $7.4m | $7.6m | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $91.7m | $113.4m | $144.9m | $243.2m | $350.9m | $482.3m | $611.6m | $764.2m | — | |
| Stock or Unit Option Plan Expense | $200k | $100k | — | — | — | — | — | — | — | — | — |