| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net loss | -36,211 | -21,407 | -7,816 | -33,192 |
| Depreciation and amortization expense | 19,055 | 11,186 | 3,430 | 7,854 |
| Accrued interest on marketable securities, net | 667 | 540 | 279 | 928 |
| Stock-based compensation expense | 56,336 | 35,608 | 16,093 | 43,822 |
| Amortization of discount and debt issuance costs | 1,367 | 785 | 192 | - |
| Amortization of debt issuance costs | - | - | - | 161 |
| Loss on impairment of intangible assets | 1,655 | 1,655 | 1,655 | - |
| Gain on financial instruments | - | - | 0 | 0 |
| Gain on lease modification | - | - | - | 0 |
| Deferred taxes | -11,971 | -12,006 | -8,312 | 61 |
| Accounts receivable | 10,457 | 7,461 | 6,572 | 6,909 |
| Prepaid expenses and other assets | 5,882 | 15,752 | 5,416 | 2,619 |
| Accounts payable and accrued liabilities | 14,424 | 4,199 | -2,002 | 6,316 |
| Deferred costs | 6,538 | 2,280 | 158 | 5,067 |
| Deferred revenues | 5,189 | 1,506 | 3,521 | 2,987 |
| Net cash provided by operating activities | 26,300 | -4,507 | -5,664 | 12,486 |
| Purchase of marketable securities | 35,854 | 29,971 | 21,883 | 30,721 |
| Proceeds from sales, maturities and redemptions of marketable securities | 24,300 | 17,200 | 9,900 | 62,812 |
| Purchases of property and equipment | 1,156 | 882 | 485 | 1,036 |
| Capitalized software development costs | 5,255 | 3,208 | 1,446 | 5,009 |
| Acquisition of business, net of cash acquired | 375,499 | 375,499 | 375,499 | - |
| Net cash (used in) provided by investing activities | -393,464 | -392,360 | -389,413 | 26,046 |
| Principal payments on debt | - | - | - | 0 |
| Payments on revolving loan | 35,000 | 10,000 | - | - |
| Debt issuance costs paid | 1,898 | 1,898 | 779 | 363 |
| Proceeds from espp issuances | 2,943 | 2,943 | - | 2,598 |
| Proceeds from issuance of convertible senior notes | 335,513 | 335,513 | 335,513 | - |
| Proceeds from borrowing under revolving loan | 60,000 | 60,000 | 60,000 | - |
| Payment of holdback funds from acquisition | - | - | - | 0 |
| Purchase of capped call transaction | 33,879 | 33,879 | 33,879 | - |
| Payments for taxes related to net settlement of equity awards | 0 | 0 | 0 | 12,820 |
| Proceeds from stock option exercises | 2,442 | 2,255 | 1,523 | 12,082 |
| Net cash provided by financing activities | 330,121 | 354,934 | 362,378 | 1,497 |
| Net (decrease) increase in cash and cash equivalents | -37,043 | -41,933 | -32,699 | 40,029 |
| Cash and cash equivalents at beginning of period | 94,359 | 94,359 | 94,359 | 40,927 |
| Cash and cash equivalents at end of period | 57,316 | 52,426 | 61,660 | 80,956 |
ALKAMI TECHNOLOGY, INC. (ALKT)
ALKAMI TECHNOLOGY, INC. (ALKT)