← TELOS 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 | ($7.2m) |
($5.8m)
+18.70%
|
($1.6m)
+71.88%
|
($6.4m)
-290.30%
|
$1.7m
+126.36%
|
($43.1m)
-2656.85%
|
($53.4m)
-23.87%
|
($34.4m)
+35.57%
|
($52.5m)
-52.58%
|
($36.5m)
+30.42%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($3.7m) | ($3.5m) | $1.7m | ($2.1m) | $6.8m | ($43.1m) | ($53.4m) | — | — | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $3.5m | $2.3m | $3.4m | $4.3m | $5.2m | $0 | $0 | — | — | — | — | |
| Depreciation, Depletion and Amortization | $2.9m | $2.0m | $3.0m | $5.0m | $5.4m | $5.6m | $5.9m | $9.4m | $11.9m | $11.5m | $12.5m | |
| Amortization of Debt Issuance Costs | $65k | $160k | $198k | $461k | $978k | $0 | $0 | $69k | $70k | $70k | — | |
| Amortization of Intangible Assets | $1.1m | — | — | — | — | $1.9m | — | — | — | — | — | |
| Capitalized Computer Software, Amortization | — | $200k | $1.1m | $1.8m | $1.7m | — | $700k | — | — | — | — | |
| Other Depreciation and Amortization | $1.8m | $2.0m | $3.0m | $5.0m | $5.4m | $3.1m | $2.4m | $2.2m | $1.6m | $1.7m | — | |
| Deferred Income Tax Expense (Benefit) | $192k | ($2.7m) | $77k | ($197k) | $31k | $70k | $35k | $55k | $0 | ($760k) | ($754k) | |
| Share-based Payment Arrangement, Noncash Expense | $0 | $50k | $0 | $0 | $4k | $60.2m | $64.7m | $24.4m | $21.4m | $30.1m | $26.1m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | $0 | $0 | $5.7m | $3.7m | $457k | $7.3m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | $60.2m | $64.7m | $24.4m | $21.4m | $30.1m | $26.1m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $14.9m | $14.9m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | $487k | $11.7m | $0 | — | |
| Impairment of Intangible Assets, Finite-lived | $0 | $0 | $0 | $0 | $0 | — | — | $487k | $6.4m | $0 | — | |
| Nonoperating Income (Expense) | $18k | $11k | $12k | $201k | ($255k) | ($921k) | — | — | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | $1.4m | $6.7m | $4.0m | $3.2m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($14k) | $5.4m | $9.9m | ($6.2m) | $2.6m | $28.9m | ($19.7m) | ($9.5m) | ($11.3m) | ($2.2m) | $2.3m | |
| Accounts Receivable, Credit Loss Expense (Reversal) | ($56k) | ($18k) | ($105k) | $414k | ($412k) | $7k | $99k | $152k | ($20k) | $2k | $2.3m | |
| Increase (Decrease) in Inventories | $866k | $10.0m | ($9.1m) | ($2.0m) | $1.3m | ($2.1m) | $1.6m | ($1.5m) | $471k | — | ($2.6m) | |
| Inventory Write-down | $215k | $73k | $30k | $376k | ($1k) | $10k | — | — | $108k | $418k | — | |
| Increase (Decrease) in Accounts Payable | — | — | — | — | — | — | — | — | — | $2.7m | $1.2m | |
| Purchases of property and equipment, accrued but unpaid | $624k | $748k | $2.5m | $4.1m | $780k | $3.2m | $1.0m | $926k | $2.3m | $739k | ($8.9m) | |
| Net Cash Provided by (Used in) Operating Activities | $13.9m |
($591k)
-104.27%
|
$6.3m
+1160.58%
|
$11.8m
+88.51%
|
($2.1m)
-117.81%
|
$7.3m
+445.15%
|
$16.5m
+127.32%
|
$1.6m
-90.39%
|
($25.9m)
-1734.40%
|
$30.2m
+216.36%
|
$32.7m
+8.45%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $624k | $748k | $2.5m | $4.1m | $780k | $3.2m | $1.0m | $926k | $2.3m | $739k | ($8.9m) | |
| Payments to Acquire Investments | — | — | — | — | — | — | — | — | $3.0m | $0 | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($624k) | ($2.2m) | ($4.1m) | ($6.5m) | ($7.5m) | ($19.1m) | ($13.7m) | ($15.5m) | ($16.8m) | ($8.9m) | ($8.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | $1.0m | $0 | $0 | ($275k) | $0 | $0 | $1.4m | $0 | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | $0 | $0 | $1.3m | $11.1m | $139k | $0 | $13.6m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | $64.3m | $0 | — | — | — | $0 | |
| Dividends Payable | $3.9m | $3.8m | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($12.6m) |
$2.8m
+121.86%
|
($2.7m)
-197.14%
|
$1.4m
+152.01%
|
$108.9m
+7703.51%
|
$32.3m
-70.28%
|
($9.9m)
-130.65%
|
($6.2m)
+37.96%
|
($2.0m)
+67.75%
|
($22.7m)
-1042.34%
|
($31.4m)
-38.71%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | $600k | $72k | $6.8m | $106.0m | $20.5m | ($7.1m) | ($20.0m) | ($44.7m) | ($1.4m) | $50.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $6.8m | $106.0m | $126.6m | $119.4m | $99.4m | $54.7m | $53.3m | $50.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | — | — | — | — | — | $0 | $203k | $108k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $1.3m | $2.4m | $2.5m | $3.3m | $7.3m | $758k | $803k | $693k | $563k | $482k | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $42k | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Accretion Expense | — | — | — | — | — | $19k | $48k | $2k | $0 | — | — | |
| Gain (Loss) on Disposition of Assets | $0 | ($4k) | ($3k) | ($15k) | ($1k) | ($6k) | ($4k) | ($2k) | $9k | ($15k) | — | |
| General and Administrative Expense | — | — | — | — | $41.7m | $88.7m | $99.4m | $73.9m | $75.5m | $78.9m | — | |
| Goodwill | $14.9m | $14.9m | $14.9m | $14.9m | $14.9m | $17.9m | $17.9m | $17.9m | $17.9m | $3.0m | $14.9m | |
| Income Tax Expense (Benefit) | $334k | ($2.8m) | $31k | ($104k) | ($46k) | ($28k) | $54k | $36k | $26k | ($663k) | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $644k | $553k | — | |
| Operating Expenses | — | — | — | — | — | — | — | — | $90.3m | $100.9m | — | |
| Operating Lease, Expense | — | — | — | — | — | $800k | — | — | — | — | — | |
| Payments for Repurchase of Warrants | — | — | — | — | — | $26.9m | $0 | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | — | — | — | — | $800k | — |