← ULTRALIFE 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 | $3.5m |
$7.6m
+117.95%
|
$24.9m
+225.97%
|
$5.2m
-79.12%
|
$5.2m
+0.52%
|
($234k)
-104.47%
|
($119k)
+49.15%
|
$7.2m
+6147.90%
|
$6.3m
-12.30%
|
($5.9m)
-193.44%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $3.5m | $7.7m | $25.0m | $5.3m | $5.3m | ($230k) | ($120k) | $7.2m | $6.4m | ($6.0m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | ($27k) | $16k | $69k | $109k | $99k | $4k | ($1k) | ($31k) | $97k | ($53k) | — | |
| Depreciation and amortization | $2.7m | $2.4m | $2.4m | $2.7m | $2.9m | $3.5m | $4.5m | $3.9m | $3.1m | $4.0m | $5.4m | |
| Amortization | — | — | — | — | — | — | — | — | $4.2m | $5.5m | $1.2m | |
| Amortization of Debt Issuance Costs | $71k | $52k | $36k | $44k | $51k | $104k | $36k | $64k | $91k | $265k | — | |
| Amortization of Intangible Assets | $503k | $422k | $397k | $525k | $595k | $633k | $1.3m | $889k | $1.0m | $1.5m | — | |
| Depreciation | $2.2m | $2.0m | $2.0m | $2.2m | $2.3m | $2.9m | $3.2m | $3.0m | $3.1m | $4.0m | $4.1m | |
| Deferred Income Tax Expense (Benefit) | $135k | ($1.7m) | ($18.6m) | $1.2m | $1.4m | ($147k) | ($962k) | $1.3m | $1.2m | ($2.5m) | ($3.1m) | |
| Share-based Payment Arrangement, Noncash Expense | $710k | $653k | $890k | $753k | $943k | $671k | $776k | $528k | $698k | $935k | $562k | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $28k | $26k | $55k | $8k | $90k | $148k | $15k | $8k | $0 | — | — | |
| Share-based Payment Arrangement, Expense | $710k | $653k | $890k | $753k | $943k | $671k | $776k | $528k | $698k | $935k | $562k | |
| Goodwill and Intangible Asset Impairment | $0 | — | — | — | — | — | — | — | $0 | $12.2m | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $12.2m | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $0 | $0 | — | — | — | — | — | — | — | $12.2m | — | |
| Nonoperating Income (Expense) | — | — | $58k | $597k | $1.3m | ($186k) | ($575k) | ($358k) | ($1.7m) | ($2.5m) | — | |
| Other Nonoperating Income (Expense) | $80k | $2k | $121k | ($58k) | $165k | $56k | $376k | $1.7m | $276k | $1.5m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $667k | $1.3m | $1.5m | $10.4m | ($9.2m) | ($4.4m) | $7.9m | $3.9m | ($7.6m) | $4.4m | ($2.5m) | |
| Increase (Decrease) in Inventories | ($2.0m) | $2.5m | ($3.2m) | $3.3m | ($1.1m) | $1.3m | $8.7m | $943k | $109k | $2.3m | ($8.2m) | |
| Net Cash Provided by (Used in) Operating Activities | $7.7m |
$7.3m
-5.00%
|
$10.9m
+49.74%
|
($3.0m)
-127.28%
|
$21.7m
+831.31%
|
$4.3m
-80.09%
|
($1.3m)
-129.20%
|
$1.9m
+252.73%
|
$16.6m
+762.42%
|
$11.0m
-33.94%
|
$5.1m
-53.31%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.2m | $1.4m | $4.2m | $6.3m | $3.1m | $2.8m | $1.7m | $2.6m | $1.9m | $3.9m | ($3.1m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($29k) | ($1.4m) | ($4.2m) | ($6.3m) | ($3.1m) | ($2.8m) | ($1.7m) | ($2.6m) | ($1.9m) | ($3.9m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $9.9m | — | — | $25.2m | $0 | — | $0 | — | — | — | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($11.0m) | ($1.4m) | ($4.2m) | ($31.5m) | ($3.0m) | ($26.3m) | ($1.7m) | ($2.6m) | ($50.0m) | ($3.9m) | ($3.1m) | |
| Cash flows from financing activities: | ||||||||||||
| Payments for Repurchase of Common Stock | $607k | — | $742k | $2.0m | $0 | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Financing Activities | ($175k) |
$1.4m
+901.71%
|
$1.2m
-16.75%
|
$16.1m
+1280.48%
|
($15.7m)
-197.33%
|
$19.6m
+225.16%
|
$518k
-97.36%
|
$5.5m
+959.85%
|
$29.9m
+443.90%
|
($4.7m)
-115.66%
|
($6.4m)
-37.45%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($231k) | $331k | $7.6m | ($18.5m) | $3.2m | ($2.2m) | ($2.7m) | $4.6m | ($3.4m) | $2.5m | $6.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $25.9m | $7.4m | $10.7m | $8.4m | $5.7m | $10.3m | $6.9m | $9.3m | $6.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($231k) | $331k | ($265k) | ($154k) | $203k | $126k | ($276k) | ($302k) | $34k | $49k | $118k | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $179k | $102k | $132k | $576k | $375k | $142k | $930k | $2.0m | $1.9m | $3.7m | — | |
| Income Taxes Paid, Net | $273k | $345k | $220k | $266k | $264k | $324k | $354k | $769k | $722k | $147k | — | |
| Additional Financial Items | ||||||||||||
| Foreign Currency Transaction Gain (Loss), before Tax | $86k | ($10k) | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | $1.6m | $0 | — | — | — | — | — | |
| Goodwill | $20.0m | $20.5m | $20.1m | $26.8m | $27.0m | $38.1m | $37.4m | $37.6m | $45.0m | $45.4m | $12.2m | |
| Income Tax Expense (Benefit) | $98k | ($1.4m) | ($18.4m) | $1.5m | $1.7m | $79k | ($326k) | $2.0m | $1.9m | ($2.4m) | — | |
| Operating Expenses | $21.3m | $19.8m | $19.0m | $23.8m | $23.5m | $24.6m | $29.3m | $29.7m | $32.3m | $51.9m | — | |
| Proceeds from Stock Options Exercised | $460k | $1.4m | $1.6m | $930k | $238k | $398k | $116k | $1.2m | $2.0m | $98k | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $87.2m | $106.8m | $107.7m | $98.3m | $131.8m | $158.6m | $164.5m | $191.2m | — |