← INSEEGO 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) Attributable to Parent | ($60.6m) |
($45.7m)
+24.50%
|
($8.1m)
+82.38%
|
($40.1m)
-397.95%
|
($111.2m)
-177.17%
|
($48.1m)
+56.73%
|
($68.0m)
-41.23%
|
($46.2m)
+32.05%
|
$4.6m
+109.90%
|
$838k
-81.67%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($60.6m) |
($45.7m)
+24.50%
|
($8.1m)
+82.38%
|
($40.5m)
-402.43%
|
($114.1m)
-181.87%
|
($52.4m)
+54.11%
|
($70.7m)
-35.02%
|
($49.2m)
+30.45%
|
$1.3m
+102.65%
|
($2.7m)
-309.98%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($60.6m) | ($45.8m) | ($8.1m) | ($40.1m) | ($111.2m) | ($47.9m) | ($68.0m) | ($46.2m) | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $5k | ($105k) | ($85k) | $15k | $29k | $214k | $0 | — | — | — | — | |
| Depreciation, Depletion and Amortization | $14.1m | $14.3m | $13.7m | $18.4m | $27.9m | $25.3m | $27.2m | $22.5m | $12.5m | $8.4m | $8.6m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | $1.5m | $200k | $500k | — | ($175k) | — | |
| Amortization of Debt Issuance Costs and Discounts | $8.4m | $10.3m | $9.8m | $9.8m | $4.0m | $1.5m | $3.0m | $2.0m | $4.4m | ($175k) | — | |
| Amortization of Intangible Assets | $6.2m | $6.3m | $6.7m | $9.7m | $18.0m | $15.5m | $20.1m | $16.4m | $11.1m | $7.8m | — | |
| Depreciation | $7.8m | $8.0m | $7.0m | $8.8m | $10.0m | $9.8m | $7.1m | $6.1m | $1.4m | $700k | $8.6m | |
| Deferred Income Tax Expense (Benefit) | $196k | $319k | $14k | ($598k) | $659k | ($53k) | ($570k) | $388k | $62k | $12k | $12k | |
| Share-based Payment Arrangement, Noncash Expense | $4.6m | $3.7m | $4.9m | $7.3m | $10.4m | $16.6m | $17.9m | $7.4m | $3.8m | $7.4m | $9.5m | |
| Share-based Payment Arrangement, Expense | $4.6m | $3.7m | $4.9m | $7.3m | $10.4m | $16.6m | $17.9m | $7.4m | $3.9m | $7.4m | $9.5m | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | $0 | $341k | |
| Impairment of Intangible Assets (Excluding Goodwill) | $2.7m | $400k | $0 | $0 | $1.4m | $1.2m | $3.0m | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $2.6m | $0 | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $300k | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | $0 | $469k | $138k | $0 | — | |
| Other Nonoperating Income (Expense) | $414k | ($4.1m) | ($895k) | $351k | $992k | $845k | ($1.5m) | $54k | ($850k) | $737k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($11.6m) | ($5.6m) | $6.9m | ($377k) | $10.8m | $1.1m | ($2.4m) | ($1.9m) | ($4.7m) | $11.6m | ($16.3m) | |
| Increase (Decrease) in Inventories | $3.2m | ($3.0m) | $11.4m | $3.1m | $13.3m | $12.5m | $3.1m | ($669k) | ($6.9m) | ($7.4m) | $7.8m | |
| Inventory Write-down | $3.3m | $1.7m | $1.0m | $980k | $538k | $657k | $2.6m | $9.6m | ($54k) | ($1.6m) | — | |
| Increase (Decrease) in Accounts Payable | ($7.8m) | ($730k) | $9.6m | ($13.0m) | $27.1m | ($3.1m) | ($26.3m) | ($1.9m) | ($6.9m) | $3.7m | $5.9m | |
| Net Cash Provided by (Used in) Operating Activities | ($6.6m) |
($14.6m)
-122.48%
|
($1.8m)
+87.94%
|
($18.0m)
-919.77%
|
$20.1m
+211.40%
|
($25.2m)
-225.75%
|
($33.3m)
-32.04%
|
$7.2m
+121.52%
|
$33.5m
+367.82%
|
$7.2m
-78.53%
|
($6.9m)
-195.96%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.4m | $1.8m | $1.3m | $6.6m | $5.7m | $4.9m | $1.5m | $704k | $100k | $661k | ($13.0m) | |
| Cash, Cash Equivalents, and Short-term Investments | $9.9m | $21.2m | $31.0m | $12.1m | $40.0m | — | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $3.8m | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | $5.0m | ($4.4m) | ($4.2m) | ($28.2m) | ($34.7m) | $6.1m | ($13.3m) | ($10.2m) | $43.0m | ($8.6m) | ($13.0m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($2.0m) | $0 | — | ($76.4m) | ($432k) | ($450k) | $0 | ($788k) | $0 | — | |
| Induced Conversion of Convertible Debt Expense | — | — | — | — | $76.4m | $432k | $450k | — | — | — | — | |
| Proceeds from Issuance of Common Stock | $0 | $0 | $0 | $17.5m | $1.9m | $29.4m | $0 | $6.1m | $0 | $976k | $0 | |
| Dividends Payable | — | — | — | $400k | $2.9m | $3.1m | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($1.3m) |
$30.4m
+2452.13%
|
$17.7m
-41.82%
|
$27.5m
+55.48%
|
$42.1m
+53.19%
|
$29.9m
-28.90%
|
$5.4m
-81.86%
|
$2.2m
-59.26%
|
($38.8m)
-1854.00%
|
($13.4m)
+65.37%
|
$8.6m
+164.11%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $9.8m | ($19.0m) | $27.9m | $9.8m | ($42.7m) | $376k | $37.2m | ($14.7m) | $1.9m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $11.4m | $31.1m | $12.1m | $40.0m | $49.8m | $7.1m | $7.5m | $39.6m | $24.9m | $1.9m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($50k) | ($1.9m) | ($259k) | $523k | ($990k) | ($1.5m) | $1.2m | ($582k) | $93k | ($50k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $10.6m | $9.3m | $3.2m | $5.4m | $5.5m | $6.0m | $6.2m | $3.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $1.4m | — | |
| Additional Financial Items | ||||||||||||
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $5.0m | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($3.6m) | $200k | ($400k) | ($300k) | ($700k) | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | ($3.5m) | $316k | ($402k) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | $4.7m | ($804k) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | ($815k) | — | — | — | $5.3m | $0 | — | — | — | — | |
| Gain (Loss) on Termination of Lease | — | — | — | — | — | — | — | — | $0 | $443k | — | |
| General and Administrative Expense | $52.4m | $34.4m | $25.3m | $27.3m | $30.7m | $28.2m | $27.3m | $20.7m | $17.2m | $20.8m | — | |
| Goodwill | $34.4m | $37.7m | $32.9m | $33.7m | $32.5m | $20.3m | $21.9m | $21.9m | $3.9m | $3.9m | $341k | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $1.2m | ($14.4m) | $1.2m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $1.2m | $18.9m | ($400k) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $1.2m | $18.9m | ($400k) | — | |
| Income Tax Expense (Benefit) | $381k | $214k | $815k | $536k | $748k | $191k | ($465k) | $885k | $689k | $44k | — | |
| Operating Expenses | $121.3m | $89.5m | $56.6m | $83.5m | $116.0m | $122.4m | $124.8m | $88.7m | $67.1m | $66.7m | — | |
| Payments of Financing Costs | — | $0 | — | — | — | — | — | — | — | — | — |