← Boxlight Corp
| 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) Available to Common Stockholders, Basic | — | — | — | — | ($16.5m) |
($14.7m)
+10.83%
|
($5.0m)
+65.91%
|
($40.4m)
-706.56%
|
($29.6m)
+26.77%
|
($25.1m)
+15.29%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($2.1m) | ($6.5m) | ($7.2m) | ($9.4m) | ($16.2m) | ($13.8m) | ($3.7m) | ($39.2m) | ($28.3m) | ($23.8m) | — | |
| Depreciation, Depletion and Amortization | $7k | $30k | $107k | $23k | $45k | $156k | $9.1m | $8.9m | $20.5m | $10.3m | $10.4m | |
| Amortization of Debt Issuance Costs and Discounts | — | — | — | — | — | $2.1m | $2.2m | $2.3m | $2.6m | $2.7m | — | |
| Amortization of Intangible Assets | $346k | $717k | $786k | $886k | $2.5m | $7.0m | $8.6m | $8.3m | $19.9m | $9.8m | — | |
| Depreciation | $7k | $30k | $107k | $23k | $45k | $156k | $484k | $631k | $678k | $487k | $10.4m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $9.1m | $8.9m | $20.5m | $10.3m | $10.4m | |
| Depreciation, Amortization and Accretion, Net | $353k | $747k | $886k | $909k | $2.6m | $7.2m | $9.1m | $8.9m | $20.5m | $10.3m | $10.4m | |
| Deferred Income Tax Expense (Benefit) | — | — | — | — | ($1.5m) | $526k | ($3.0m) | ($671k) | ($2.8m) | ($2.4m) | ($2.4m) | |
| Deferred Income Tax | — | — | — | — | — | — | ($3.8m) | ($347k) | ($3.4m) | ($2.4m) | ($2.4m) | |
| Deferred Tax | — | — | — | — | — | — | ($3.8m) | ($347k) | ($3.4m) | ($2.4m) | ($2.4m) | |
| Share-based Payment Arrangement, Noncash Expense | $464k | $4.3m | $2.0m | $1.1m | $1.6m | $4.1m | $3.3m | $3.1m | $1.4m | $269k | $263k | |
| Share-based Payment Arrangement, Expense | — | $499k | — | $700k | $1.8m | — | $2.0m | — | — | — | $263k | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $25.2m | $0 | — | $548k | |
| Asset Impairment Charge | — | — | — | — | — | — | $266k | $25.2m | $213k | $23k | $548k | |
| Nonoperating Income (Expense) | — | — | ($181k) | ($1.3m) | ($4.3m) | ($7.9m) | ($6.7m) | ($11.0m) | ($10.8m) | ($8.4m) | — | |
| Other Nonoperating Income (Expense) | ($776k) | $702k | $68k | $88k | $129k | ($20k) | ($267k) | ($417k) | ($727k) | $1.1m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | ($3.0m) | $8.0m | $6.0m | $13.0m | $15.1m | |
| Increase (Decrease) in Accounts Receivable | $909k | $465k | $73k | ($142k) | $212k | $6.4m | $3.8m | ($781k) | ($14.0m) | ($3.4m) | $3.6m | |
| Change In Receivables | — | — | — | — | — | — | ($3.8m) | $763k | $14.0m | $3.4m | $3.6m | |
| Changes In Account Receivables | — | — | — | — | — | — | ($3.8m) | $763k | $14.0m | $3.4m | $3.6m | |
| Increase (Decrease) in Inventories | ($2.7m) | $597k | ($836k) | ($1.3m) | ($795k) | $21.0m | $10.3m | ($13.1m) | $145k | ($8.1m) | $2.9m | |
| Inventory Write-down | $327k | $84k | $106k | $74k | — | $624k | $1.2m | — | — | — | — | |
| Change In Inventory | — | — | — | — | — | — | ($10.3m) | $13.1m | ($145k) | $8.1m | $2.9m | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $5.8m | ($4.8m) | ($8.5m) | $1.3m | $6.0m | |
| Gain (Loss) on Disposition of Other Assets | — | ($7k) | — | — | — | — | — | — | — | — | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($161k) | ($498k) | $111k | $70k | ($126k) | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($56k) | $1.1m | $2.0m | ($870k) | $769k | |
| Net Cash Provided by (Used in) Operating Activities | $2.4m |
($1.3m)
-156.67%
|
($3.8m)
-180.99%
|
($4.3m)
-12.94%
|
($4.7m)
-9.39%
|
($2.3m)
+50.04%
|
$1.2m
+151.07%
|
$11.6m
+873.19%
|
($439k)
-103.79%
|
($3.3m)
-659.68%
|
($3.7m)
-11.09%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | — | — | — | — | — | — | ($1.1m) | ($1.3m) | ($506k) | $102k | ($17k) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $33.6m | — | — | — | — | ($32.8m) | |
| Net Other Investing Changes | — | — | — | — | — | ($33.7m) | ($100k) | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $367k | ($10k) | $900k | $7k | $45.3m | ($34.0m) | ($1.2m) | ($1.3m) | ($506k) | ($102k) | ($17k) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $6.8m | $5.6m | $5.6m | ($5.6m) | |
| Gain (Loss) on Extinguishment of Debt | — | $276k | $165k | $118k | ($1.4m) | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | $58.5m | $2.5m | $0 | — | — | — | |
| Issuance Of Debt | — | — | — | — | — | — | $2.5m | $3.0m | $4.0m | $2.5m | $0 | |
| Long Term Debt Issuance | — | — | — | — | — | $58.5m | $2.5m | $0 | — | — | — | |
| Long Term Debt Payments | — | — | — | — | — | — | ($11.1m) | ($6.8m) | ($5.6m) | ($5.6m) | ($5.6m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($8.6m) | ($6.8m) | ($5.9m) | ($5.6m) | ($7.3m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($8.6m) | ($6.8m) | ($5.6m) | ($5.6m) | $92.1m | |
| Net Short Term Debt Issuance | — | — | — | — | — | — | $0 | $0 | ($249k) | $0 | ($1.8m) | |
| Repayment Of Debt | — | — | — | — | — | — | ($11.1m) | ($9.8m) | ($9.9m) | ($8.1m) | ($5.6m) | |
| Short Term Debt Issuance | — | — | — | — | — | — | $0 | $3.0m | $4.0m | $2.5m | $0 | |
| Short Term Debt Payments | — | — | — | — | — | — | $0 | ($3.0m) | ($4.2m) | ($2.5m) | ($1.8m) | |
| Proceeds from Issuance of Common Stock | $1.2m | $5.7m | $420k | — | $42.7m | $428k | $84k | $0 | $0 | $6.4m | $7.3m | |
| Common Stock Issuance | — | — | — | — | — | — | $4.8m | $0 | $0 | $6.4m | $7.3m | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $4.8m | $0 | $0 | $6.4m | $7.3m | |
| Cash Dividends Paid | — | — | — | — | — | — | ($1.3m) | ($1.3m) | ($1.3m) | $0 | ($1.3m) | |
| Preferred Stock Dividend Paid | — | — | — | — | — | — | ($1.3m) | ($1.3m) | ($1.3m) | $0 | ($1.3m) | |
| Net Other Financing Charges | — | — | — | — | — | ($3.8m) | — | — | — | $658k | $658k | |
| Net Cash Provided by (Used in) Financing Activities | ($3.3m) |
$2.9m
+188.89%
|
$1.8m
-39.14%
|
$4.5m
+150.29%
|
$65.6m
+1370.38%
|
$41.1m
-37.25%
|
($5.1m)
-112.46%
|
($8.0m)
-56.28%
|
($7.1m)
+10.87%
|
$3.4m
+147.52%
|
$1.9m
-45.24%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($538k) | $1.6m | ($1.1m) | $272k | $12.3m | $4.5m | ($3.3m) | $2.7m | ($9.2m) | $1.4m | $6.2m | |
| Beginning Cash Position | — | — | — | — | — | — | $17.9m | $14.6m | $17.3m | $8.0m | $8.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | — | — | — | $17.3m | $8.0m | $9.4m | $6.2m | |
| Effect Of Exchange Rate Changes | — | — | — | — | — | — | $1.8m | $413k | ($1.2m) | $1.4m | $674k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $518k | $809k | $1.8m | $2.3m | $1.5m | $8.3m | $8.3m | $7.2m | $6.5m | — | |
| Income Taxes Paid, Net | — | — | — | — | $542k | $1.5m | $1.6m | $2.7m | $3.2m | $1.4m | — | |
| Additional Financial Items | ||||||||||||
| Derivative, Gain (Loss) on Derivative, Net | — | $861k | $427k | $245k | ($216k) | $13k | $2.6m | $267k | $205k | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($13k) | ($35k) | ($59k) | — | $5.2m | ($1.5m) | ($4.6m) | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | — | — | ($156k) | $0 | — | |
| General and Administrative Expense | $7.7m | $13.2m | $15.0m | $15.8m | $21.2m | $47.3m | $59.3m | $61.3m | $62.3m | $35.5m | — | |
| Goodwill | $4.2m | $4.2m | $4.7m | $4.7m | $22.7m | $26.0m | $25.1m | $0 | $0 | — | $548k | |
| Income Tax Expense (Benefit) | — | — | — | — | ($832k) | $3.3m | $49k | $1.9m | ($1.9m) | ($920k) | — | |
| Operating Expenses | $8.7m | $13.7m | $15.6m | $17.0m | $22.6m | $49.1m | $61.8m | $89.6m | $66.4m | $50.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $2.1m | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | $29 | $3 | — | — | — | — | — | — | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($5.1m) | ($8.0m) | ($7.1m) | $3.4m | $1.9m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.2m) | ($1.3m) | ($506k) | ($102k) | ($17k) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($3.3m) | $2.7m | ($9.2m) | $1.4m | — | |
| Change In Other Working Capital | — | — | — | — | — | — | $4.0m | $290k | ($633k) | ($1.2m) | ($1.2m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $1.6m | ($1.9m) | ($861k) | $2.2m | $3.1m | |
| Changes In Cash | — | — | — | — | — | — | ($5.1m) | $2.2m | ($8.1m) | ($44k) | ($1.9m) | |
| End Cash Position | — | — | — | — | — | — | $14.6m | $17.3m | $8.0m | $9.4m | $6.2m | |
| Financing Cash Flow | — | — | — | — | — | — | ($5.1m) |
($8.0m)
-56.28%
|
($7.1m)
+10.87%
|
$3.4m
+147.52%
|
$1.9m
-45.24%
|
|
| Free Cash Flow | — | — | — | — | — | — | $84k | $10.3m | ($945k) | ($3.4m) | ($3.7m) | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | ($2.6m) | ($267k) | ($205k) | ($601k) | $780k | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.2m) | ($1.3m) | ($506k) | ($102k) | ($17k) | |
| Net PPE Purchase And Sale | — | — | — | — | — | — | ($1.1m) | ($1.3m) | ($506k) | ($102k) | ($17k) | |
| Operating Gains Losses | — | — | — | — | — | — | ($2.6m) | ($267k) | ($49k) | ($601k) | $780k | |
| Other Non Cash Items | — | — | — | — | — | — | $1.3m | $2.6m | $2.8m | $2.5m | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | — | $0 | $13k | $0 | $1.9m | $1.9m | |
| Provisionand Write Offof Assets | — | — | — | — | — | — | $248k | $3.6m | $450k | ($2.6m) | ($2.6m) | |
| Purchase Of PPE | — | — | — | — | — | — | ($1.1m) | ($1.3m) | ($506k) | ($102k) | ($17k) | |
| Stock Based Compensation | — | — | — | — | — | — | $3.3m | $3.1m | $1.4m | $269k | $263k |