← STAAR SURGICAL CO
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($2.1m) |
$5.0m
+332.26%
|
$14.0m
+182.77%
|
$14.0m
0.00%
|
$24.5m
+74.41%
|
$38.8m
+58.18%
|
$21.3m
-44.92%
|
($20.2m)
-194.66%
|
($80.4m)
-298.10%
|
($80.4m)
0.00%
|
— | |
| Amortization of Intangible Assets | $221k | $34k | $34k | — | $34k | $28k | $13k | — | — | — | — | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | $0 | $0 | $409k | — | — | |
| Depreciation | $3.1m | $2.4m | $3.7m | $3.7m | $3.6m | $4.5m | $5.1m | $6.9m | $8.3m | $8.3m | $8.1m | |
| Amortization of intangibles | $221k | $34k | — | $34k | $35k | $28k | $13k | $0 | $409k | — | $460k | |
| Accretion/amortization of investments available for sale | — | — | — | — | — | ($1.2m) | ($2.5m) | ($1.1m) | — | ($198k) | — | |
| Amortization Cash Flow | — | — | — | — | — | $28k | $13k | $0 | $409k | — | — | |
| Amortization Of Securities | — | — | — | — | — | ($1.2m) | ($2.5m) | ($1.1m) | ($198k) | — | ($301k) | |
| Depreciation Amortization Depletion | — | — | — | — | — | $4.5m | $5.1m | $6.9m | $8.7m | — | $8.5m | |
| Deferred Income Tax Expense (Benefit) | ($547k) | $441k | ($3.5m) | ($3.5m) | $1.5m | ($1.3m) | $3.3m | $3.6m | ($2.9m) | ($2.9m) | $923k | |
| Deferred Tax | — | — | — | — | — | ($2.3m) | $3.3m | $3.6m | ($2.9m) | — | $923k | |
| Share-based Payment Arrangement, Noncash Expense | $3.2m | $6.8m | $10.5m | — | $14.6m | $20.4m | $23.5m | $27.2m | $30.6m | — | $29.4m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $234k | $54k | — | — | — | — | $2.1m | $1.5m | $1.5m | — | — | |
| Share-based Payment Arrangement, Expense | $3.5m | $6.8m | $10.5m | — | $14.6m | $20.4m | $23.5m | $27.2m | $30.6m | — | $29.4m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | $7.4m | $11.6m | — | $15.9m | $22.3m | $25.2m | $28.6m | $31.3m | — | $29.4m | |
| Stock-based compensation expense | $3.2m | $6.8m | — | $10.5m | $12.1m | $20.4m | $23.5m | $27.2m | — | $30.6m | $29.4m | |
| Gain (Loss) on Sale of Assets and Asset Impairment Charges | $599k | — | — | — | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | $154k | — | — | — | — | |
| Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss | — | — | — | — | — | $0 | $0 | — | — | — | — | |
| Operating Lease, Impairment Loss | — | — | — | — | — | — | — | — | $4.9m | — | — | |
| Restructuring Costs and Asset Impairment Charges | — | — | — | — | — | — | — | — | $28.6m | — | — | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $154k | $0 | $15.4m | — | $2.2m | |
| Nonoperating Income (Expense) | $1.3m | $44k | $1.2m | — | ($2.0m) | $1.8m | $5.6m | $3.6m | $9.4m | — | — | |
| Other Nonoperating Income (Expense) | $47k | $82k | $152k | — | ($48k) | $205k | $448k | $815k | $2.3m | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change In Working Capital | — | — | — | — | — | ($28.9m) | ($44.1m) | ($9.0m) | ($16.3m) | — | ($87.3m) | |
| Increase (Decrease) in Accounts Receivable | $1.9m | $6.0m | $4.5m | — | $8.9m | $19.6m | $32.8m | ($16.5m) | ($27.8m) | — | ($42.3m) | |
| Accounts receivable | ($1.9m) | ($6.0m) | — | ($4.5m) | ($4.0m) | ($19.6m) | ($32.8m) | $16.5m | — | $27.8m | ($42.3m) | |
| Change In Receivables | — | — | — | — | — | ($19.6m) | ($32.8m) | $16.5m | $27.8m | — | ($42.3m) | |
| Changes In Account Receivables | — | — | — | — | — | ($19.6m) | ($32.8m) | $16.5m | $27.8m | — | ($42.3m) | |
| Increase (Decrease) in Inventories | ($312k) | $4.2m | $950k | — | ($66k) | $7.9m | $14.4m | $10.0m | $17.0m | — | ($6.6m) | |
| Inventory Write-down | — | $1.5m | $1.6m | — | $1.7m | $2.4m | $4.9m | $2.8m | $5.3m | — | — | |
| Inventory provision | $1.7m | $1.5m | — | $1.6m | $1.7m | $2.4m | $4.9m | $2.8m | — | $5.3m | — | |
| Inventories | $312k | ($4.2m) | — | ($950k) | ($1.4m) | ($7.9m) | ($14.4m) | ($10.0m) | — | ($17.0m) | ($6.6m) | |
| Change In Inventory | — | — | — | — | — | ($7.9m) | ($14.4m) | ($10.0m) | ($17.0m) | — | ($6.6m) | |
| Increase (Decrease) in Accounts Payable | ($2.5m) | $243k | $1.1m | $1.1m | $108k | $1.8m | ($701k) | $75k | ($5.5m) | ($5.5m) | ($2.5m) | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | — | — | $1.5m | — | — | |
| Prepayments, deposits, and other assets | — | — | — | — | ($711k) | ($2.5m) | ($3.4m) | ($15.4m) | — | ($1.4m) | — | |
| Other current liabilities and non-currnet liabilities | — | — | — | — | — | — | $7.1m | ($169k) | — | ($4.6m) | — | |
| Change In Other Current Assets | — | — | — | — | — | — | ($2.4m) | ($13.4m) | ($15.8m) | — | ($17.3m) | |
| Change In Other Current Liabilities | — | — | — | — | — | ($591k) | $7.1m | ($169k) | ($4.6m) | — | ($17.4m) | |
| Net Cash Provided by (Used in) Operating Activities | $2.9m |
$12.8m
+347.49%
|
$25.8m
+102.04%
|
$25.8m
0.00%
|
$44.0m
+70.43%
|
$35.7m
-18.76%
|
$14.6m
-59.14%
|
$15.7m
+7.75%
|
($34.2m)
-317.68%
|
($34.2m)
0.00%
|
($50.2m)
-46.63%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.0m | $2.2m | $10.1m | — | $13.6m | $18.1m | $18.2m | $23.4m | $5.8m | — | ($4.8m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($623k) | ($10k) | ($14k) | ($10.1m) | ($2k) | ($65k) | ($73k) | ($1.7m) | ($74k) | ($5.8m) | $855k | |
| Gain (Loss) on Disposition of Property Plant Equipment | $0 | $10k | $14k | ($10.1m) | $2k | $65k | $73k | $1.7m | $74k | ($5.8m) | $855k | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | — | — | — | — | — | — | — | $43.1m | $124.1m | — | — | |
| Purchase of investments available for sale | — | — | — | — | — | ($155.7m) | ($52.3m) | ($80.2m) | ($75.4m) | ($75.4m) | ($65.2m) | |
| Proceeds from maturity of investments available for sale | — | — | — | — | — | $17.1m | $143.5m | $43.1m | — | $124.1m | — | |
| Proceeds from sale or maturity of investments available for sale | — | — | — | — | — | $17.5m | $144.8m | — | — | — | — | |
| Proceeds from sale of investments available for sale | — | — | — | — | — | $359k | $1.3m | $1.3m | — | $3.4m | $83.1m | |
| Net Cash Provided by (Used in) Investing Activities | ($1.0m) | ($2.2m) | ($10.2m) | ($10.2m) | ($13.6m) | ($156.4m) | $74.3m | ($59.2m) | $46.3m | $46.3m | $13.1m | |
| Cash flows from financing activities: | ||||||||||||
| Long Term Debt Payments | — | — | — | — | — | ($126k) | ($161k) | ($165k) | ($42k) | — | $0 | |
| Net Issuance Payments Of Debt | — | — | — | — | — | ($126k) | ($161k) | ($165k) | ($42k) | — | $0 | |
| Net Long Term Debt Issuance | — | — | — | — | — | ($126k) | ($161k) | ($165k) | ($42k) | — | $0 | |
| Net Short Term Debt Issuance | — | — | — | — | ($1.3m) | $0 | $0 | — | — | — | $0 | |
| Repayment Of Debt | — | — | — | — | — | ($126k) | ($161k) | ($165k) | ($42k) | — | $0 | |
| Short Term Debt Payments | — | — | — | — | ($1.3m) | $0 | $0 | — | — | — | $0 | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | — | $6.5m | — | — | |
| Repurchase of employee common stock for taxes withheld | ($234k) | ($54k) | — | — | — | — | ($2.1m) | ($1.5m) | — | ($1.5m) | — | |
| Common Stock Issuance | — | — | — | — | — | $1k | $1k | $2k | $3k | — | $2k | |
| Common Stock Payments | — | — | — | — | — | $0 | ($2.1m) | ($1.5m) | ($8.0m) | — | ($8.6m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $1k | $1k | $2k | $3k | — | $2k | |
| Net Common Stock Issuance | — | — | — | — | — | $1k | ($2.1m) | ($1.5m) | ($8.0m) | — | ($8.6m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | $0 | ($2.1m) | ($1.5m) | ($8.0m) | — | ($8.6m) | |
| Net Cash Provided by (Used in) Financing Activities | $2.4m |
$74.6m
+2962.74%
|
$149k
-99.80%
|
$149k
0.00%
|
$17.8m
+11841.61%
|
$8.3m
-53.37%
|
$7.4m
-10.63%
|
$5.7m
-22.81%
|
($4.6m)
-179.58%
|
($4.6m)
0.00%
|
($5.3m)
-16.36%
|
|
| Increase (decrease) in cash and cash equivalents | $4.5m | $85.4m | — | $16.0m | $32.5m | ($113.2m) | $96.6m | ($38.9m) | — | $9.0m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $4.5m | $85.4m | $16.0m | — | $47.3m | ($113.2m) | $96.6m | ($38.9m) | $9.0m | — | $130.8m | |
| Cash and cash equivalents, at beginning of year | $18.6m | $104.0m | — | $120.0m | $152.5m | $86.5m | $183.0m | $144.2m | — | $153.2m | $173.1m | |
| Beginning Cash Position | — | — | — | — | — | $199.7m | $86.5m | $183.0m | $144.2m | — | $173.1m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $18.6m | $104.0m | $120.0m | — | $199.7m | $86.5m | $183.0m | $144.2m | $153.2m | — | $130.8m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | $197k | $203k | — | ($857k) | ($862k) | $202k | ($1.1m) | $1.4m | — | $1.1m | |
| Effect of exchange rate changes on cash and cash equivalents | $279k | $197k | — | $203k | $367k | ($862k) | $202k | ($1.1m) | $1.4m | $1.4m | $1.1m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Income Taxes Paid, Net | — | — | — | — | $7.5m | $6.6m | $2.8m | $11.0m | $7.8m | — | — | |
| Additional Financial Items | ||||||||||||
| Accretion Expense | — | — | — | — | — | — | — | — | — | — | — | |
| Asset Retirement Obligation, Accretion Expense | — | — | — | — | — | $47k | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $819k | ($836k) | ($517k) | — | ($3.0m) | ($1.7m) | ($1.9m) | ($3.7m) | $2.6m | — | — | |
| General and Administrative Expense | $20.7m | $24.3m | $29.3m | — | $44.1m | $54.7m | $72.3m | $89.9m | $85.8m | — | — | |
| Goodwill | $1.8m | $1.8m | $1.8m | — | $1.8m | $1.8m | $1.8m | $1.8m | $1.8m | — | $2.2m | |
| Income Tax Expense (Benefit) | ($157k) | $1.7m | ($1.0m) | — | $6.8m | $6.8m | $12.3m | $11.2m | ($1.8m) | — | — | |
| Investment Income, Interest | — | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | — | — | — | — | — | $3.6m | — | — | |
| Proceeds from Stock Options Exercised | — | $5.2m | $3.5m | — | $19.4m | $8.4m | $9.7m | $7.4m | $3.5m | — | — | |
| Change in net pension liability | $186k | $231k | — | $359k | $656k | $53k | ($956k) | $26k | — | ($249k) | — | |
| Change in asset retirement obligation | — | — | — | — | — | $47k | ($102k) | ($53k) | — | $4k | — | |
| Provision for sales returns and credit losses | $463k | $905k | — | $275k | $835k | $913k | $663k | $286k | — | $3.7m | — | |
| Cloud-based software | — | — | — | — | — | — | ($2.4m) | ($13.4m) | — | ($15.8m) | — | |
| Repayment of finance lease obligations | ($1.3m) | ($1.9m) | — | ($1.3m) | ($561k) | ($126k) | ($161k) | ($165k) | — | ($42k) | — | |
| Proceeds from the exercise of stock options | $4.0m | $5.2m | — | $3.5m | $20.6m | $8.4m | $9.7m | $7.4m | — | $3.5m | — | |
| Proceeds from vested restricted and performance stock units | — | — | — | — | — | — | $1k | $2k | — | $3k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $8.3m | $7.4m | $5.7m | ($4.6m) | — | ($5.3m) | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($156.4m) | $74.3m | ($59.2m) | $46.3m | — | $13.1m | |
| Change In Account Payable | — | — | — | — | — | $1.8m | ($701k) | $75k | ($5.5m) | — | ($2.5m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | ($113.2m) | $96.6m | ($38.9m) | $9.0m | — | — | |
| Change In Payable | — | — | — | — | — | $1.8m | ($701k) | $75k | ($5.5m) | — | ($2.5m) | |
| Change In Prepaid Assets | — | — | — | — | — | ($2.5m) | ($1.0m) | ($2.0m) | ($1.4m) | — | ($1.3m) | |
| Changes In Cash | — | — | — | — | — | ($112.4m) | $96.4m | ($37.8m) | $7.6m | — | ($42.4m) | |
| End Cash Position | — | — | — | — | — | $86.5m | $183.0m | $144.2m | $153.2m | — | $130.8m | |
| Financing Cash Flow | — | — | — | — | — | $8.3m |
$7.4m
-10.63%
|
$5.7m
-22.81%
|
($4.6m)
-179.58%
|
— | ($5.3m) | |
| Free Cash Flow | — | — | — | — | — | $17.6m | ($3.6m) | ($7.7m) | ($40.0m) | — | ($55.0m) | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $65k | $73k | $1.7m | ($1.4m) | — | $1.7m | |
| Interest Paid Supplemental Data | — | — | — | — | — | $52k | $75k | $87k | $122k | — | $122k | |
| Investing Cash Flow | — | — | — | — | — | ($156.4m) | $74.3m | ($59.2m) | $46.3m | — | $13.1m | |
| Net Investment Purchase And Sale | — | — | — | — | — | ($138.3m) | $92.5m | ($35.8m) | $52.2m | — | $17.9m | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($18.1m) | ($18.2m) | ($23.4m) | ($5.8m) | — | ($4.8m) | |
| Operating Gains Losses | — | — | — | — | — | $118k | ($883k) | $1.7m | ($1.6m) | — | $855k | |
| Other Non Cash Items | — | — | — | — | — | $47k | $3.2m | $3.5m | $3.6m | — | — | |
| Pension And Employee Benefit Expense | — | — | — | — | — | $53k | ($956k) | $26k | ($249k) | — | $2.2m | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | $8.4m | $9.7m | $7.4m | $3.5m | — | $3.3m | |
| Provisionand Write Offof Assets | — | — | — | — | — | $3.3m | $5.5m | $3.1m | $9.0m | — | $13.2m | |
| Purchase Of PPE | $1.0m | $2.2m | $10.1m | $8.4m | $13.6m | ($18.1m) | ($18.2m) | ($23.4m) | ($5.8m) | — | ($4.8m) | |
| Sale Of Investment | — | — | — | — | — | $17.5m | $144.8m | $44.4m | $127.5m | — | $83.1m | |
| Stock Based Compensation | — | — | — | — | — | $20.4m | $23.5m | $27.2m | $30.6m | — | $29.4m |