← KALTURA INC
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net loss | ($15.6m) | ($58.8m) | ($59.4m) | ($68.5m) | ($46.4m) | ($31.3m) | ($12.1m) | — | |
| Depreciation and amortization | $4.5m | $7.7m | $2.4m | $2.7m | $4.7m | $5.1m | $4.5m | $5.0m | |
| Amortization of deferred contract acquisition and fulfillment costs | $3.3m | $4.2m | $8.1m | $10.9m | $11.7m | $11.4m | $11.2m | — | |
| Stock-based compensation expenses | $2.3m | $5.1m | $17.1m | $23.6m | $30.0m | $26.3m | $16.5m | $15.4m | |
| Cash settlement of equity classified share-based payment awards | — | — | — | — | $0 | $0 | ($3.1m) | — | |
| Capitalized stock-based compensation cost | — | $0 | $0 | $296k | $845k | $645k | $0 | — | |
| Decrease in trade receivables | $6.2m | ($6.3m) | ($1.1m) | ($11.3m) | $5.5m | $3.3m | $3.6m | — | |
| Increase (Decrease) in trade payables | $2.0m | $2.1m | $3.9m | $3.1m | ($5.9m) | ($534k) | $706k | — | |
| Increase in accrued expenses and other current liabilities | ($1.5m) | $5.0m | $3.8m | ($1.9m) | $797k | $5.4m | $1.1m | — | |
| Increase (Decrease) in deferred revenue | ($1.3m) | $12.3m | $6.3m | $7.5m | $1.6m | $458k | ($757k) | — | |
| Decrease (Increase) in prepaid expenses and other current assets and other assets, noncurrent | ($54k) | ($864k) | ($2.3m) | $429k | $648k | ($949k) | ($2.8m) | — | |
| Increase (Decrease) in other liabilities, noncurrent | $39k | $635k | ($675k) | ($51k) | $443k | ($14k) | ($2.4m) | — | |
| Restricted cash included in other assets, noncurrent | $606k | $644k | $422k | $1.2m | $100k | $100k | $100k | — | |
| Net cash provided by (used in) operating activities | $370k |
$5.8m
+1468.65%
|
($22.1m)
-480.94%
|
($46.8m)
-111.80%
|
($8.3m)
+82.27%
|
$12.2m
+247.33%
|
$14.5m
+18.87%
|
$11.6m
-19.99%
|
|
| Purchases of property and equipment | ($2.2m) | ($1.1m) | ($1.9m) | ($1.2m) | ($2.6m) | ($521k) | ($661k) | ($1.3m) | |
| Purchase of property, equipment, internal-use software, and intangible asset in credit | $142k | $155k | $1.1m | $355k | $43k | $213k | $81k | — | |
| Investment in available-for-sale marketable securities | — | $0 | $0 | ($60.2m) | ($47.7m) | ($50.9m) | ($54.1m) | — | |
| Proceeds from maturities of available-for-sale marketable securities | — | $0 | $0 | $19.0m | $52.0m | $39.0m | $71.0m | — | |
| Net cash provided by (used in) investing activities | ($2.7m) | ($2.7m) | ($5.2m) | ($49.8m) | ($1.6m) | ($12.4m) | $9.1m | ($490k) | |
| Payment of debt issuance costs | — | $0 | $0 | ($125k) | ($274k) | ($17k) | $0 | — | |
| Repurchase of common stock | — | — | — | $0 | $0 | ($2.9m) | ($26.2m) | — | |
| Payments on account of repurchase of common stock | — | — | — | $0 | $0 | ($30k) | $30k | — | |
| Net cash provided by (used in) financing activities | $300k |
($1.8m)
-715.67%
|
$143.4m
+7862.21%
|
($529k)
-100.37%
|
$109k
+120.60%
|
($3.5m)
-3342.20%
|
($29.7m)
-739.02%
|
($20.7m)
+30.02%
|
|
| Cash, cash equivalents and restricted cash at the beginning of the year | $27.1m | $28.4m | $144.4m | $45.8m | $36.8m | $33.2m | $27.6m | — | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | — | $0 | $0 | ($1.4m) | $728k | $90k | $522k | $124k | |
| Net decrease in cash, cash equivalents and restricted cash | ($2.1m) | $1.2m | $116.0m | ($98.5m) | ($9.0m) | ($3.6m) | ($5.5m) | — | |
| Pending proceeds from option exercises | — | $0 | $0 | $227k | $79k | $217k | $136k | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Non-cash interest income, net | $407k | $263k | $331k | ($146k) | ($1.0m) | ($1.2m) | ($349k) | — | |
| Gain on foreign exchange | — | $0 | $0 | $1.4m | ($728k) | ($90k) | ($522k) | — | |
| Increase in deferred contract acquisition and fulfillment costs | ($6.6m) | ($12.9m) | ($18.1m) | ($11.6m) | ($6.6m) | ($7.5m) | ($5.1m) | — | |
| Increase (Decrease) in employees and payroll accruals | $1.4m | $5.9m | $2.4m | ($3.7m) | ($2.2m) | $2.7m | ($682k) | — | |
| Operating lease right-of-use assets and lease liabilities, net | — | $0 | $0 | $527k | ($863k) | ($840k) | $1.5m | — | |
| Payments for businesses acquired, net of acquired cash | — | — | — | — | $0 | $0 | ($7.1m) | — | |
| Capitalized internal-use software development costs | ($249k) | ($1.8m) | ($4.0m) | ($4.8m) | ($1.5m) | $0 | $0 | — | |
| Investment in restricted bank deposit | — | $0 | $0 | ($2.6m) | ($1.8m) | $0 | $0 | — | |
| Proceeds from long-term loans | $3.0m | $2.0m | $41.9m | $0 | $3.5m | $0 | $0 | — | |
| Repayment of long-term loans | $0 | ($1.7m) | ($51.8m) | ($3.0m) | ($4.5m) | ($2.2m) | ($3.5m) | — | |
| Proceeds from exercise of stock options | $147k | $280k | $1.3m | $2.7m | $1.4m | $1.6m | $3.1m | — | |
| Issuance of common shares and warrants with respect to the business combination | — | — | — | — | $0 | $0 | $2.3m | — | |
| Lease incentive recognized as leasehold improvements | — | $0 | $0 | $1.7m | $4.9m | $0 | $0 | — | |
| Cash paid for income taxes, net | $1.1m | $1.2m | $2.6m | $8.9m | $4.3m | $3.8m | $1.9m | — | |
| Cash paid for interest | $4.3m | $3.9m | $1.9m | $2.3m | $3.0m | $2.7m | $2.2m | — | |
| Cash and cash equivalents | $26.5m | $27.7m | $143.9m | $44.6m | $36.7m | $33.1m | $27.5m | $35.5m |