← PDF SOLUTIONS INC
| 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), Including Portion Attributable to Noncontrolling Interest | $9.1m | ($1.3m) | ($7.7m) | ($5.4m) | ($40.4m) | ($21.5m) | ($3.4m) | $3.1m | $4.1m | ($640k) | — | |
| Depreciation, Depletion and Amortization | $3.6m | $4.8m | $5.0m | $6.0m | $6.7m | $6.2m | $5.5m | $5.0m | $3.6m | $4.1m | $14.5m | |
| Amortization of Intangible Assets | $805k | $869k | $1.0m | $1.2m | $1.4m | $3.3m | $3.5m | $1.3m | $896k | $3.6m | — | |
| Deferred Income Tax Expense (Benefit) | $216k | ($504k) | ($4.2m) | ($4.5m) | $21.0m | $1.4m | ($4k) | ($108k) | ($74k) | $882k | $2.5m | |
| Share-based Payment Arrangement, Noncash Expense | $11.0m | $11.8m | $10.3m | $11.4m | $12.5m | $12.9m | $19.6m | $21.5m | $25.0m | $25.9m | $25.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $2.3m | $3.5m | $2.1m | $2.7m | $4.5m | $4.0m | $6.5m | $9.5m | $8.5m | $6.2m | — | |
| Share-based Payment Arrangement, Expense | $11.0m | $11.8m | $10.3m | $11.4m | $12.5m | $12.9m | $19.6m | — | — | $25.9m | $25.5m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | $0 | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Nonoperating Income (Expense) | ($10k) | ($264k) | $493k | $276k | ($1.3m) | $683k | — | — | — | $1.3m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $14.6m | $9.6m | ($6.8m) | ($10.9m) | ($8.1m) | $6.0m | $2.1m | $2.7m | $28.8m | $6.3m | ($21.2m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | ($99k) | $174k | ($42k) | — | — | — | — | — | — | $168k | ($21.2m) | |
| Increase (Decrease) in Accounts Payable | $85k | $2.0m | ($1.4m) | $807k | ($918k) | ($86k) | ($1.4m) | ($2.1m) | $2.8m | $4.9m | $2.7m | |
| Purchases of property and equipment, accrued but unpaid | $11.3m | $10.3m | $13.1m | $10.6m | $6.0m | $3.7m | $8.4m | $11.2m | $17.2m | $32.6m | ($40.7m) | |
| Net Cash Provided by (Used in) Operating Activities | $2.0m |
$10.5m
+427.25%
|
$13.3m
+26.49%
|
$24.6m
+84.36%
|
$21.8m
-11.42%
|
$4.2m
-80.52%
|
$32.3m
+661.21%
|
$14.6m
-54.80%
|
$9.7m
-33.54%
|
$24.1m
+147.89%
|
$38.7m
+60.91%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $11.3m | $10.3m | $13.1m | $10.6m | $6.0m | $3.7m | $8.4m | $11.2m | $17.2m | $32.6m | ($40.7m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($107k) | ($6k) | $230k | ($130k) | ($500k) | $3.2m | — | $0 | $586k | ($641k) | ($641k) | |
| Gain (Loss) on Investments | — | — | — | — | $0 | $0 | $0 | — | — | — | — | |
| Marketable Securities, Unrealized Gain (Loss) | — | — | — | — | — | — | — | $0 | $0 | — | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | — | — | — | — | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $3.8m | — | $2.7m | $28.6m | $3.1m | — | — | — | $129.7m | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($11.3m) | ($14.1m) | ($13.1m) | ($13.2m) | ($150.5m) | ($4.7m) | $84.6m | ($29.0m) | ($5.9m) | ($137.4m) | ($37.7m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | — | — | — | — | — | — | $0 | $0 | $1.9m | ($1.9m) | |
| Proceeds from Issuance of Long-term Debt | — | — | — | — | — | — | — | $0 | $0 | $69.5m | $0 | |
| Payments for Repurchase of Common Stock | $2.2m | $13.4m | $5.2m | $9.6m | $0 | $4.5m | $22.5m | $743k | $6.9m | $244k | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | $65.1m | — | — | — | — | — | $0 | |
| Net Cash Provided by (Used in) Financing Activities | $30k |
($12.2m)
-40846.67%
|
($5.2m)
+57.44%
|
($9.8m)
-89.06%
|
$64.8m
+758.85%
|
($5.5m)
-108.53%
|
($24.3m)
-339.95%
|
($5.9m)
+75.77%
|
($11.2m)
-90.71%
|
$64.6m
+674.76%
|
$77.1m
+19.43%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($119k) | $255k | ($198k) | ($27k) | ($63.8m) | ($6.1m) | $91.9m | ($20.6m) | ($8.4m) | ($48.4m) | $115.5m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | $3.0m | $2.8m | $560k | $1.2m | $2.6m | $1.9m | $1.7m | $492k | $123k | $4.2m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | — | $3.7m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $2.7m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Goodwill | $215k | $1.9m | $1.9m | $2.3m | $15.8m | $14.1m | $14.1m | $15.0m | $15.0m | $95.0m | — | |
| Income Tax Expense (Benefit) | $3.9m | $1.3m | ($1.7m) | ($1.9m) | $22.3m | $3.2m | $3.9m | $1.8m | $2.5m | $3.8m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | — | $4.0m | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | $5.0m | $5.6m | $1.5m | — | |
| Operating Expenses | $50.0m | $54.2m | $52.9m | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | — | $0 | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $85.8m | $85.6m | $88.0m | $111.1m | $148.5m | $165.8m | $179.5m | $219.0m | — | |
| Unrealized Gain (Loss) on Derivatives | $47k | $27k | ($67k) | — | — | — | — | — | — | — | — |