For the quarter ending 2025-12-31, AIOT had $3,369K increase in cash & cash equivalents over the period. $4,943K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net loss | -3,364 | -4,288 | -10,234 |
| Non-controlling interest | 0 | 0 | 0 |
| Inventory reserve | 615 | 989 | 193 |
| Stock-based compensation expense | 1,491 | 2,594 | 1,853 |
| Depreciation and amortization | 15,867 | 15,793 | 16,031 |
| Right-of-use assets, non-cash lease expense | 2,264 | -347 | 974 |
| Derivative mark-to-market adjustment | 1,268 | 890 | -104 |
| Bad debts expense | 2,120 | 2,522 | 1,856 |
| Deferred income taxes | -1,869 | 1,293 | -3,157 |
| Shares issued for transaction bonuses | 0 | 0 | 0 |
| Lease termination and modification losses | 120 | -32 | -59 |
| Other non-cash items | 1,088 | -2,077 | 513 |
| Accounts receivables | 8,153 | 5,171 | 2,391 |
| Inventories | 410 | 30 | 4,733 |
| Prepaid expenses and other current assets | 104 | -300 | 1,284 |
| Deferred costs | 1,855 | 1,988 | 2,730 |
| Deferred revenue | 1,193 | -192 | -420 |
| Accounts payable, accrued expenses and other current liabilities | 8,492 | -7,113 | 9,637 |
| Lease liabilities | -1,960 | -83 | -881 |
| Accrued severance payable, net | -1,643 | 24 | 357 |
| Net cash (used in) provided by operating activities | 10,208 | 5,522 | 4,721 |
| Acquisition, net of cash assumed | 236 | -45 | 0 |
| Proceeds from sale of fixed assets | 39 | 2 | 16 |
| Capitalized software development costs | 2,608 | 7,767 | 3,724 |
| Capital expenditures | 5,265 | 4,338 | 8,114 |
| Repayment of loan advanced to external parties | 0 | 0 | - |
| Net cash used in investing activities | -8,070 | -12,058 | -11,822 |
| Repayment of long-term debt | 1,433 | 1,369 | 1,341 |
| Short-term bank debt, net | 2,726 | 4,811 | -5,428 |
| Purchase of treasury stock upon vesting of restricted stock | 0 | 0 | 0 |
| Payment of preferred stock dividend and redemption of preferred stock | 0 | 0 | 0 |
| Proceeds from private placement, net | 0 | 0 | - |
| Proceeds from long-term debt | 0 | - | - |
| Payment of long-term debt costs | 0 | - | - |
| Proceeds from exercise of stock options, net | 39 | - | - |
| Cash paid on dividends to affiliates | 0 | 0 | 0 |
| Net cash provided by (used in) financing activities | 1,332 | 3,442 | -6,769 |
| Effect of foreign exchange rate changes on cash and cash equivalents | -101 | -68 | 725 |
| Net decrease in cash and cash equivalents, and restricted cash | 3,369 | -3,162 | -13,145 |
| Cash and cash equivalents at beginning of period | 32,481 | 48,788 | - |
| Cash and cash equivalents at end of period | 35,850 | 32,481 | - |
Powerfleet, Inc. (AIOT)
Powerfleet, Inc. (AIOT)