← IMMERSION CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $30.7m | $34.0m | $93.6m | $9.2m | $9.2m | |
| Net losses (gains) on investment in marketable securities | — | — | — | — | — | — | $7.9m | ($12.2m) | ($1.4m) | $3.8m | — | |
| Net Income (Loss) Attributable to Parent | ($39.4m) |
($45.3m)
-15.01%
|
$54.3m
+219.99%
|
($20.0m)
-136.88%
|
$5.4m
+126.95%
|
$12.5m
+131.14%
|
$30.7m
+145.63%
|
$34.0m
+10.80%
|
$64.3m
+89.20%
|
$4.5m
-92.96%
|
— | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $29.3m | $4.7m | — | |
| Amortization of Intangible Assets | $6k | — | — | — | — | — | — | — | — | — | — | |
| Depreciation | $904k | $968k | $855k | — | $1.1m | $100k | $140k | $67k | $32.0m | $38.7m | $42.6m | |
| Depreciation Amortization Depletion | — | — | — | — | — | — | $140k | $67k | $35.4m | $42.6m | $42.6m | |
| Depreciation and amortization expense | — | $968k | $855k | $2.2m | $1.9m | $762k | — | — | $35.4m | $42.6m | $42.6m | |
| Depreciation, Depletion and Amortization | — | — | — | $2.2m | $1.9m | $762k | $140k | $67k | $35.4m | $42.6m | $42.6m | |
| Deferred Income Tax | $24.3m | ($32k) | $109k | $431k | ($2.5m) | $531k | ($5.1m) | $3.5m | $7.1m | $5.3m | $5.3m | |
| Deferred Income Tax Expense (Benefit) | $24.3m | $27k | $58k | $278k | ($2.4m) | ($585k) | ($5.1m) | $3.5m | $813k | $1.1m | $5.3m | |
| Deferred Tax | — | — | — | — | — | — | ($5.1m) | $3.5m | $7.1m | $5.3m | $5.3m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | $229k | $1.2m | $3.7m | $2.3m | — | |
| Share-based Payment Arrangement, Noncash Expense | $6.1m | $6.1m | $8.7m | $5.5m | $4.8m | $2.3m | $3.4m | $3.4m | $6.0m | $10.8m | $11.3m | |
| Stock-based compensation | $6.1m | $6.1m | $8.7m | $5.5m | $4.8m | $2.3m | $3.4m | $3.4m | $13.7m | $11.3m | $11.3m | |
| Asset Impairment Charge | — | — | — | — | — | $2.8m | $672k | — | $1.2m | $5.1m | $5.1m | |
| Impairment loss | — | — | — | — | $0 | $2.2m | $0 | — | $1.2m | $5.1m | — | |
| Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | $12.2m | $1.4m | ($3.8m) | — | |
| Operating Lease, Impairment Loss | — | — | — | $939k | $271k | $32k | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Other Nonoperating Income (Expense) | — | $274k | ($198k) | $91k | $668k | ($1.7m) | — | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | $1.6m | — | — | — | ($293k) | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | — | $7.0m | ($4.2m) | ($207.2m) | ($11.1m) | ($11.1m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $2k | — | — | — | — | — | — | — | — | — | ($17.6m) | |
| Accounts and other receivables | ($171k) | $576k | ($245k) | ($2.3m) | $1.2m | $248k | $735k | ($1.0m) | $17.6m | ($17.6m) | — | |
| Change In Receivables | — | — | — | — | — | — | $735k | ($1.0m) | $17.6m | ($17.6m) | ($17.6m) | |
| Change In Inventory | — | — | — | — | — | — | — | — | $15.9m | $619k | $619k | |
| Increase (Decrease) in Inventories | — | — | — | — | — | — | — | — | — | — | $619k | |
| Merchandise inventories | — | — | — | — | — | — | — | — | $37.2m | $1.2m | — | |
| Textbook rental inventories | — | — | — | — | — | — | — | — | ($21.3m) | ($596k) | — | |
| Accounts payable | $5.3m | $696k | ($3.0m) | ($2.8m) | ($660k) | ($148k) | $84k | ($41k) | — | — | ($43.3m) | |
| Change In Payables And Accrued Expense | — | — | — | — | — | — | $1.6m | $1.1m | ($189.0m) | $7.7m | ($43.3m) | |
| Accounts payable and accrued liabilities | — | — | — | — | — | — | — | — | ($189.0m) | $7.7m | ($43.3m) | |
| Accrued compensation | — | ($620k) | ($185k) | ($1.1m) | ($1.8m) | ($446k) | $1.5m | $1.1m | — | — | — | |
| Change In Accrued Expense | — | — | — | — | — | ($446k) | $1.5m | $1.1m | — | — | — | |
| Deferred revenue | $23.1m | ($5.6m) | $21.4m | ($4.2m) | ($4.1m) | ($5.0m) | ($4.1m) | ($4.8m) | ($9.2m) | ($3.3m) | — | |
| Purchases of property and equipment, accrued but unpaid | $343k | $125k | $74k | $150k | $47k | $335k | $30k | — | $11.2m | $16.2m | ($16.2m) | |
| Change In Other Current Assets | — | — | — | — | — | — | $1.2m | $446k | ($25.3m) | $9.0m | $9.0m | |
| Change In Other Current Liabilities | — | — | — | — | — | — | ($1.7m) | $2.4m | ($4.2m) | ($13.4m) | ($13.4m) | |
| Other assets | ($275k) | ($197k) | ($7.2m) | ($11.4m) | $2.2m | $3.0m | $1.2m | $446k | ($25.3m) | $9.0m | — | |
| Other current liabilities | — | ($491k) | ($702k) | ($728k) | ($1.3m) | $2.2m | ($1.8m) | ($1.0m) | ($7.8m) | ($30k) | ($13.4m) | |
| Prepaid expenses and other current assets | ($86k) | $141k | ($4.0m) | ($4.4m) | $1.5m | ($823k) | $4.1m | ($500k) | $5.0m | ($7.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $22.0m |
($43.8m)
-298.84%
|
$69.9m
+259.54%
|
($34.1m)
-148.77%
|
$22k
+100.06%
|
$17.4m
+79213.64%
|
$40.1m
+130.08%
|
$20.6m
-48.69%
|
($57.6m)
-379.50%
|
$59.1m
+202.59%
|
$59.1m
0.00%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | ($17k) | ($1k) | ($26k) | — | — | — | — | — | ($1.1m) | ($2.3m) | ($3.3m) | |
| Payments to Acquire Property, Plant, and Equipment | $343k | $125k | $74k | $150k | $47k | $335k | $30k | — | $11.2m | ($16.2m) | ($16.2m) | |
| Debt Securities, Available-for-sale, Realized Gain (Loss) | — | — | — | — | — | — | $734k | $300k | $2.6m | ($107k) | — | |
| Gain (Loss) on Investments | — | — | — | — | — | ($885k) | ($3.1m) | $16.8m | $5.4m | $5.7m | ($5.7m) | |
| Net gains on investment in marketable securities | — | — | — | — | — | — | $7.9m | ($12.2m) | ($1.4m) | — | — | |
| Payments to Acquire Investments | — | — | — | — | — | — | $151.3m | $177.3m | $102.0m | $62.7m | ($75.4m) | |
| Purchases of marketable securities and other investments | — | — | — | — | — | $109.4m | $151.3m | ($177.3m) | ($102.0m) | ($62.7m) | — | |
| Proceeds from sale or maturities of marketable securities and other investments | — | — | — | — | — | $17.2m | $119.7m | $171.8m | $138.9m | $118.9m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | — | — | $31.4m | $0 | $0 | |
| Other investing activities | — | — | — | — | — | — | ($26k) | $0 | — | — | — | |
| Net cash flows provided by (used in) investing activities | $7.8m | $11.1m | $8.2m | $10.9m | $3.0m | ($87.7m) | ($29.4m) | $3.4m | $3.4m | $51.5m | — | |
| Net Cash Provided by (Used in) Investing Activities | $7.8m | $11.1m | $8.2m | $10.9m | $3.0m | ($87.7m) | ($29.4m) | $3.4m | $3.4m | $51.5m | $51.5m | |
| Cash flows from financing activities: | ||||||||||||
| Proceeds from borrowings | — | — | — | — | — | — | — | — | $836.2m | $812.9m | — | |
| Repayment of borrowing | — | — | — | — | — | — | — | — | ($834.3m) | ($845.0m) | — | |
| Issuance Of Debt | — | — | — | — | — | — | — | — | $836.2m | $812.9m | $812.9m | |
| Long Term Debt Issuance | — | — | — | — | — | — | — | — | $836.2m | $812.9m | $812.9m | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | — | — | $1.9m | ($32.5m) | ($32.5m) | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | — | — | $1.9m | ($32.5m) | ($32.5m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | — | $836.2m | $812.9m | $812.9m | |
| Long Term Debt Payments | — | — | — | — | — | — | — | — | ($834.3m) | ($845.4m) | ($845.4m) | |
| Repayment Of Debt | — | — | — | — | — | — | — | — | ($834.3m) | ($845.4m) | ($845.4m) | |
| Repayments of Long-term Debt | — | — | — | — | — | — | — | — | $834.3m | $845.0m | ($845.4m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $59.2m | $5k | — | — | — | — | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($13.2m) | ($8.3m) | ($2.4m) | ($10k) | ($10k) | |
| Common Stock Issuance | — | — | — | — | — | $59.2m | $5k | — | — | — | — | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($13.2m) | ($8.3m) | ($2.4m) | ($10k) | ($10k) | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $59.2m | $5k | — | — | — | — | |
| Proceeds from sale of Barnes & Noble Education common stock, net of commissions and issuance costs | — | — | — | — | — | — | — | — | $78.1m | $0 | — | |
| Common Stock Payments | — | — | — | — | — | — | ($13.2m) | ($8.3m) | ($2.4m) | ($10k) | ($10k) | |
| Payments for Repurchase of Common Stock | $729k | $328k | $0 | $2.7m | $30.6m | $0 | $13.2m | $8.3m | $2.4m | $10k | — | |
| Payments of Ordinary Dividends, Common Stock | — | — | — | — | — | — | — | $7 | $13 | $8 | ($8.1m) | |
| Common Stock Dividend Paid | — | — | — | — | — | — | $0 | ($7.4m) | ($12.9m) | ($8.1m) | ($8.1m) | |
| Cash Dividends Paid | — | — | — | — | — | — | $0 | ($7.4m) | ($12.9m) | ($8.1m) | ($8.1m) | |
| Dividend payments to stockholders | — | — | — | — | — | — | $0 | ($7.4m) | ($12.9m) | ($8.1m) | — | |
| Dividends Payable, Current | — | — | — | — | — | — | — | $1 | — | — | — | |
| Net Other Financing Charges | — | — | — | — | — | — | ($173k) | ($1.2m) | $74.3m | ($4.2m) | ($4.2m) | |
| Other financing activities | — | — | — | — | — | — | $56k | $6k | $0 | — | — | |
| Net cash flows provided by (used in) financing activities | $2.0m |
$518k
-73.65%
|
$8.2m
+1483.98%
|
($1.3m)
-116.22%
|
($29.9m)
-2148.76%
|
$62.2m
+307.82%
|
($13.4m)
-121.56%
|
($16.7m)
-24.88%
|
$61.0m
+463.96%
|
($44.8m)
-173.42%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $2.0m |
$518k
-73.65%
|
$8.2m
+1483.98%
|
($1.3m)
-116.22%
|
($29.9m)
-2148.76%
|
$62.2m
+307.82%
|
($13.4m)
-121.56%
|
($16.7m)
-24.88%
|
$61.0m
+463.96%
|
($44.8m)
-173.42%
|
($44.8m)
0.00%
|
|
| Net increase (decrease) in cash, cash equivalents, and restricted cash | — | ($32.2m) | $86.4m | ($24.5m) | ($27.0m) | ($8.0m) | ($2.7m) | $7.3m | $6.8m | $65.8m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($24.5m) | ($27.0m) | — | ($2.7m) | $7.3m | $6.8m | $65.8m | $158.1m | |
| Beginning Cash Position | — | — | — | — | — | — | $51.5m | $48.8m | $85.5m | $92.3m | $92.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $86.5m | $59.5m | $51.5m | $48.8m | $56.1m | $92.3m | $158.1m | $158.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($40.0m) | ($45.3m) | $54.3m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $649k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $649k | $0 | $0 | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | $25.5m | $480k | $392k | $471k | ($2.2m) | $4.8m | ($3.7m) | $8.9m | $25.7m | $16.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $14.3m | $12.2m | — | |
| Changes in lease right-of-use assets and liabilities | — | — | — | — | — | — | — | — | ($18.1m) | $12.9m | — | |
| Additional Financial Items | ||||||||||||
| Noncash investing and financing activities: | ||||||||||||
| Beginning of period | — | $24.6m | $111.0m | $86.5m | $59.5m | $51.5m | $48.8m | $56.1m | $92.3m | $158.1m | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | ($13.4m) | ($16.7m) | $61.0m | ($44.8m) | ($44.8m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($29.4m) | $3.4m | $3.4m | $51.5m | $51.5m | |
| Change In Account Payable | — | — | — | — | — | ($148k) | $84k | ($41k) | — | — | ($43.3m) | |
| Change In Other Working Capital | — | — | — | — | — | — | ($4.1m) | ($4.8m) | ($27.3m) | $9.6m | $9.6m | |
| Change In Payable | — | — | — | — | — | ($148k) | $84k | ($41k) | — | — | ($43.3m) | |
| Change In Prepaid Assets | — | — | — | — | — | — | $9.3m | ($2.4m) | $5.1m | ($7.0m) | ($7.0m) | |
| Changes In Cash | — | — | — | — | — | — | ($2.7m) | $7.3m | $6.8m | $65.8m | $65.8m | |
| End Cash Position | — | — | — | — | — | — | $48.8m | $56.1m | $92.3m | $158.1m | $158.1m | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | — | — | — | $2.1m | ($4.1m) | $1.9m | $6.5m | ($6.6m) | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | — | ($1.7m) | ($4.5m) | $10.0m | ($7.7m) | $3.0m | — | |
| Financing Cash Flow | — | — | — | — | — | — | ($13.4m) |
($16.7m)
-24.88%
|
$61.0m
+463.96%
|
($44.8m)
-173.42%
|
($44.8m)
0.00%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | ($102k) | — | — | — | $43k | — | — | — | |
| Foreign currency transaction (gains) losses | — | $0 | $0 | $102k | — | — | $145k | ($43k) | — | — | — | |
| Free Cash Flow | — | — | — | — | — | — | $40.1m | $20.6m | ($68.8m) | $42.9m | $42.9m | |
| Gain (Loss) on Sale of Derivatives | — | — | — | — | — | ($1.5m) | $5.5m | $3.2m | $10.2m | $6.9m | — | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $3.1m | ($16.8m) | ($5.4m) | ($5.7m) | ($5.7m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | — | — | — | $1.1m | $2.3m | $2.3m | |
| General and Administrative Expense | $44.2m | $53.3m | $41.8m | $43.0m | $18.1m | $9.8m | $11.4m | $14.0m | — | — | — | |
| Investing Cash Flow | — | — | — | — | — | — | ($29.4m) | $3.4m | $3.4m | $51.5m | $51.5m | |
| Long-term deposits | — | — | — | ($6.9m) | ($5.1m) | $110k | $5.2m | ($1.9m) | $61k | $52k | — | |
| Net Business Purchase And Sale | — | — | — | — | — | — | — | — | ($31.4m) | $0 | $0 | |
| Net Foreign Currency Exchange Gain Loss | — | — | — | — | — | $635k | $145k | ($43k) | — | — | — | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($335k) | ($26k) | — | ($10.4m) | ($16.2m) | ($16.2m) | |
| Net gains on derivative instruments | — | — | — | — | $0 | $1.4m | ($4.8m) | ($4.6m) | ($4.0m) | ($9.4m) | — | |
| Operating Expenses | — | — | $57.9m | — | — | — | — | $16.0m | $313.7m | $345.4m | — | |
| Operating Gains Losses | — | — | — | — | — | — | $3.2m | ($16.8m) | ($4.3m) | ($3.3m) | ($3.3m) | |
| Other Non Cash Items | — | — | — | — | — | — | $695k | $62k | $1.3m | $51k | — | |
| Other long-term liabilities | ($87k) | ($107k) | ($131k) | $3.7m | ($1.4m) | ($1.5m) | $81k | $3.5m | $3.6m | ($13.4m) | — | |
| Other noncash | — | $1k | $26k | ($3k) | $127k | ($9k) | $23k | ($262k) | $1.3m | $51k | — | |
| Payment for purchases of treasury stock | ($729k) | ($328k) | $0 | ($2.7m) | ($30.6m) | $0 | ($13.2m) | ($8.3m) | ($2.4m) | ($10k) | — | |
| Payments for settlement of derivative instruments | — | — | — | — | $0 | ($14.0m) | ($14.1m) | ($13.0m) | ($8.5m) | ($12.6m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $3.0m | $0 | $160k | $0 | — | $0 | |
| Proceeds from Stock Options Exercised | — | $518k | $8.0m | $1.2m | $577k | $2.9m | $0 | $160k | $0 | — | — | |
| Proceeds from sale of derivative instruments | — | — | — | — | $0 | $18.9m | $16.3m | $21.9m | $16.9m | $24.1m | — | |
| Proceeds from stock options exercises | $2.4m | $518k | $8.0m | $1.2m | $577k | $2.9m | $0 | $160k | $0 | — | — | |
| Purchase Of Business | — | — | — | — | — | — | — | — | ($31.4m) | $0 | $0 | |
| Purchase Of PPE | $343k | $125k | $74k | $150k | $47k | ($335k) | ($30k) | — | ($11.2m) | ($16.2m) | ($16.2m) | |
| Restructuring Costs | — | $1.6m | $0 | $0 | — | — | — | — | — | — | — | |
| Sale Of PPE | — | — | — | — | — | $0 | $4k | — | $792k | $0 | $0 | |
| Shares issued to an employee in lieu of cash compensation | — | — | — | — | — | $0 | $157k | $595k | $1.6m | $491k | — | |
| Shares withheld to cover payroll taxes | — | — | — | — | — | $0 | $229k | ($1.2m) | ($3.7m) | ($2.3m) | — | |
| Unrealized Gain (Loss) on Derivatives | — | — | — | — | — | $103k | ($662k) | $1.4m | ($6.2m) | $2.5m | — | |
| Goodwill | — | — | — | — | — | — | — | — | — | $69.2m | $5.1m | |
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $1.9m | — | |
| Payment of deferred financing costs | — | — | — | — | — | — | — | — | $0 | ($1.9m) | — | |
| Payment of finance lease principal | — | — | — | — | — | — | — | — | $0 | ($365k) | — | |
| Acquisition of business net of cash acquired | — | — | — | — | — | — | — | — | ($31.4m) | $0 | — | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($29.4m) | $3.4m | $45.2m | $67.7m | $67.7m | |
| Purchase Of Investment | — | — | — | — | — | — | ($165.4m) | ($190.3m) | ($110.5m) | ($75.4m) | ($75.4m) | |
| Sale Of Investment | — | — | — | — | — | — | $136.0m | $193.7m | $155.7m | $143.1m | $143.1m | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($2.7m) | $7.3m | $6.8m | $65.8m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | $15.9m | $12.5m | — | |
| Income Taxes Paid, Net | ($419k) | $191k | $151k | $160k | $65k | $88k | $1.4m | $1.8m | $16.5m | $20.0m | — |