← Cheer Holding, Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net income | $26.4m |
$29.2m
+10.76%
|
$35.4m
+20.88%
|
$26.4m
-25.21%
|
$30.5m
+15.46%
|
$26.0m
-14.94%
|
$25.6m
-1.34%
|
$25.6m
0.00%
|
|
| Depreciation and amortization | $739k | $2.9m | $2.1m | $2.9m | $3.4m | $3.8m | $6.9m | $7.0m | |
| Amortization of right-of-use assets | $314k | $447k | $426k | $454k | $394k | $41k | $122k | — | |
| Amortization of loan origination fees | — | $93k | $104k | $76k | $16k | $10k | — | — | |
| Depreciation Amortization Depletion | — | — | — | $3.3m | $3.8m | $3.8m | $7.0m | $7.0m | |
| Deferred income tax expense (benefits) | $190k | ($181k) | $713k | ($53k) | $63k | ($33k) | $73k | $73k | |
| Deferred Tax | — | — | — | ($53k) | $63k | ($33k) | $73k | $73k | |
| Impairment of intangible assets | — | — | — | — | — | — | $1.2m | — | |
| Asset Impairment Charge | — | — | — | $0 | $2k | $2k | $1.2m | $1.2m | |
| Change In Working Capital | — | — | — | ($23.7m) | $5.7m | ($8.5m) | ($16.4m) | ($16.4m) | |
| Accounts receivable | ($12.7m) | ($24.0m) | $19.9m | ($42.1m) | $15.2m | $1.9m | $1.5m | $1.5m | |
| Change In Receivables | — | — | — | ($42.1m) | $15.2m | $1.9m | $1.5m | $1.5m | |
| Changes In Account Receivables | — | — | — | ($42.1m) | $15.2m | $1.9m | $1.5m | $1.5m | |
| Income from waive of other payables | — | — | — | — | — | ($156k) | ($22k) | — | |
| Accounts payable | $3.9m | $2.8m | $4.8m | ($5.6m) | $3.3m | ($7.4m) | $599k | $599k | |
| Accrued liabilities and other payables | $449k | $5.2m | ($9.2m) | $564k | ($370k) | — | ($1.5m) | ($1.5m) | |
| Change In Payables And Accrued Expense | — | — | — | $2.3m | $12.4m | ($9.7m) | ($7.6m) | $599k | |
| Change In Accrued Expense | — | — | — | $565k | ($370k) | $0 | ($1.5m) | ($1.5m) | |
| Prepayment and other current assets | — | — | ($10.7m) | $16.9m | ($22.3m) | ($514k) | ($10.2m) | — | |
| Change In Other Current Assets | — | — | — | $170k | $682k | ($16k) | $0 | $0 | |
| Change In Other Current Liabilities | — | — | — | ($641k) | ($371k) | ($22k) | ($111k) | ($111k) | |
| Net cash provided by operating activities | $26.1m |
$8.7m
-66.50%
|
$46.5m
+431.46%
|
$7.7m
-83.34%
|
$42.2m
+444.95%
|
$22.9m
-45.76%
|
$17.9m
-21.58%
|
$17.9m
0.00%
|
|
| Written off of property and equipment | — | — | — | — | $2k | $2k | $11k | — | |
| Purchase of property, plant and equipment | ($7k) | ($59k) | ($72k) | ($25k) | ($3k) | ($1k) | ($709k) | — | |
| Net cash used in investing activities | ($15.3m) | ($4.4m) | ($1.1m) | ($8.0m) | ($3k) | ($24.9m) | ($709k) | ($709k) | |
| Borrowings from related parties | $3.2m | — | — | $743k | $1.6m | — | $1.6m | — | |
| Issuance Of Debt | — | — | — | $6.1m | $7.7m | $12.5m | $9.3m | $1.6m | |
| Long Term Debt Issuance | — | — | — | $0 | $3.0m | $0 | $1.6m | $1.6m | |
| Long Term Debt Payments | — | — | ($6.8m) | ($6.2m) | — | — | — | — | |
| Net Issuance Payments Of Debt | — | — | — | ($148k) | $2.9m | $5.6m | ($3.2m) | ($3.2m) | |
| Net Short Term Debt Issuance | — | — | — | ($148k) | ($142k) | $5.6m | ($4.9m) | ($4.9m) | |
| Repayment Of Debt | — | — | — | ($6.2m) | ($4.8m) | ($6.9m) | ($12.5m) | ($12.5m) | |
| Short Term Debt Issuance | — | — | — | $6.1m | $4.7m | $12.5m | $7.7m | $7.7m | |
| Short Term Debt Payments | — | — | — | ($6.2m) | ($4.8m) | ($6.9m) | ($12.5m) | ($12.5m) | |
| Common Stock Issuance | — | — | — | $0 | $80.0m | $0 | $21.0m | $21.0m | |
| Issuance Of Capital Stock | — | — | — | $0 | $80.0m | $0 | $21.0m | $21.0m | |
| Net Other Financing Charges | — | — | ($300k) | $656k | ($849k) | $5.0m | — | $5.0m | |
| Net cash provided by financing activities | ($6.2m) |
$5.4m
+186.46%
|
$13.3m
+146.91%
|
$508k
-96.18%
|
$82.0m
+16045.87%
|
$10.6m
-87.14%
|
$17.8m
+68.93%
|
$17.8m
0.00%
|
|
| Cash and cash equivalents, at beginning of year | $6.9m | $17.7m | $77.3m | $77.3m | $194.5m | $197.7m | $197.7m | $197.7m | |
| Beginning Cash Position | — | — | — | $77.3m | $70.5m | $194.5m | $197.7m | $197.7m | |
| Effect of exchange rate changes | ($68k) | $1.1m | $881k | ($7.1m) | ($149k) | ($5.4m) | $9.4m | $9.4m | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| (Reversal of provision) provision for credit losses | $188k | ($1.1m) | ($268k) | $440k | $2.1m | ($20k) | ($2.9m) | — | |
| Provision for unamortized produced content | — | — | — | $770k | $112k | — | — | — | |
| Loss from early termination of right-of-use assets | — | — | — | — | — | $15k | — | — | |
| Share based compensation for employees | — | $5.4m | $4k | — | — | $1.7m | $3.4m | $3.4m | |
| Change in fair value of warrant liability | — | ($19.7m) | ($809k) | $63k | ($86k) | — | — | — | |
| Unamortized produced content | $1.3m | $442k | ($537k) | $940k | $682k | ($16k) | — | — | |
| Contract liabilities | $372k | ($39k) | ($87k) | ($356k) | ($14k) | ($101k) | ($26k) | — | |
| Other taxes payable | $717k | $5.6m | $5.0m | $7.3m | $9.5m | ($2.3m) | ($6.7m) | — | |
| Lease liabilities | ($310k) | ($376k) | ($389k) | ($641k) | ($371k) | ($22k) | ($111k) | — | |
| Purchase of intangible assets | — | — | — | ($8.0m) | — | ($24.9m) | ($709k) | — | |
| Proceeds from short-term bank loans | — | — | $5.1m | $6.1m | $4.7m | $12.5m | $7.7m | — | |
| Repayments of short-term bank loans | — | ($724k) | ($6.8m) | ($6.2m) | ($4.8m) | ($6.9m) | ($12.5m) | — | |
| Proceeds from long-term bank loans | — | — | — | — | $1.4m | — | — | — | |
| Payment of loan origination fees | — | ($146k) | ($68k) | ($87k) | ($58k) | ($32k) | — | — | |
| Contribution (withdrawal of) from shareholders | — | — | — | $743k | ($791k) | $5.5m | — | — | |
| Repayments to related parties | — | — | ($232k) | — | — | ($500k) | — | — | |
| Proceeds from issuance of ordinary shares in connection with a private placement | — | — | $15.3m | — | $80.0m | — | $21.0m | — | |
| Net increase in cash and cash equivalents | $4.5m | $10.8m | $59.6m | ($6.8m) | $124.0m | $3.1m | $44.4m | — | |
| Cash and cash equivalents, at end of year | — | $17.7m | $77.3m | $70.5m | $194.2m | $197.7m | $242.1m | $242.1m | |
| Interests paid | $287k | $239k | $336k | $247k | $271k | $325k | $366k | — | |
| Acquisition of intangible assets from prepayments | — | — | — | — | $4.5m | $4.5m | $14.4m | — | |
| Right-of-use assets obtained in exchange for operating lease liabilities | — | — | — | — | — | $385k | — | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | $508k | $82.0m | $10.6m | $17.8m | $17.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | ($8.0m) | ($3k) | ($24.9m) | ($709k) | ($709k) | |
| Change In Account Payable | — | — | — | ($5.6m) | $3.3m | ($7.4m) | $599k | $599k | |
| Change In Cash Supplemental As Reported | — | — | — | ($6.8m) | $124.0m | $3.1m | $44.4m | — | |
| Change In Income Tax Payable | — | — | — | $7.3m | $9.5m | ($2.3m) | ($6.7m) | ($6.7m) | |
| Change In Other Working Capital | — | — | — | ($356k) | ($14k) | ($101k) | ($26k) | ($26k) | |
| Change In Payable | — | — | — | $1.8m | $12.8m | ($9.7m) | ($6.1m) | $599k | |
| Change In Prepaid Assets | — | — | — | $16.9m | ($22.3m) | ($514k) | ($10.2m) | ($10.2m) | |
| Change In Tax Payable | — | — | — | $7.3m | $9.5m | ($2.3m) | ($6.7m) | ($6.7m) | |
| Changes In Cash | — | — | — | $258k | $124.2m | $8.6m | $35.1m | $35.1m | |
| End Cash Position | — | — | — | $70.5m | $194.5m | $197.7m | $242.1m | $242.1m | |
| Financing Cash Flow | — | — | — | $508k |
$82.0m
+16045.87%
|
$10.6m
-87.14%
|
$17.8m
+68.93%
|
$17.8m
0.00%
|
|
| Free Cash Flow | — | — | — | ($250k) | $42.2m | ($2.0m) | $17.2m | $17.2m | |
| Gain Loss On Investment Securities | — | — | ($809k) | $62k | ($86k) | — | — | ($86k) | |
| Gain Loss On Sale Of Business | — | — | ($26k) | $0 | $0 | — | — | $0 | |
| Gain Loss On Sale Of PPE | — | — | $0 | $0 | $2k | — | — | $2k | |
| Income Tax Paid Supplemental Data | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Investing Cash Flow | — | — | — | ($8.0m) | ($3k) | ($24.9m) | ($709k) | ($709k) | |
| Net Business Purchase And Sale | — | — | ($12k) | $0 | $0 | — | — | $0 | |
| Net Intangibles Purchase And Sale | — | — | — | ($8.0m) | $0 | ($24.9m) | ($709k) | ($709k) | |
| Net Investment Purchase And Sale | — | — | $1.8m | $0 | $0 | — | — | $0 | |
| Net PPE Purchase And Sale | — | — | — | ($25k) | ($3k) | ($1k) | $0 | $0 | |
| Operating Gains Losses | — | — | ($835k) | $62k | ($86k) | — | — | ($84k) | |
| Other Non Cash Items | — | — | — | $76k | $16k | ($131k) | ($22k) | — | |
| Provisionand Write Offof Assets | — | — | — | $1.2m | $2.2m | ($20k) | ($2.9m) | ($2.9m) | |
| Purchase Of Business | — | — | ($12k) | $0 | $0 | — | — | $0 | |
| Purchase Of Intangibles | — | — | — | ($8.0m) | $0 | ($24.9m) | ($709k) | ($709k) | |
| Purchase Of PPE | — | — | — | ($25k) | ($3k) | ($1k) | $0 | ($709k) | |
| Stock Based Compensation | — | — | — | $391k | $0 | $1.7m | $3.4m | $3.4m |