APPF: the cash flow

MyFinsight

For the year ending 2025-12-31, APPF had $64,463K increase in cash & cash equivalents over the period. $238,950K in free cash flow.

Cash Flow	2025-12-31
Net income	140,923
Depreciation and amortization	22,651
Amortization of operating lease right-of-use assets	2,221
Amortization of costs capitalized to obtain revenue contracts, net	11,115
Gain on lease modification	0
Deferred income taxes	18,139
Stock-based compensation, including as amortized	70,790
Other	2,119
Accounts receivable	12,527
Prepaid expenses and other assets	21,446
Accounts payable	1,767
Operating lease liabilities	-4,263
Accrued expenses and other liabilities	14,854
Net cash provided by operating activities	242,105
Purchases of available-for-sale investments	228,887
Proceeds from sales of available-for-sale investments	202,662
Proceeds from maturities of available-for-sale investments	118,970
Purchases of property and equipment	3,155
Capitalization of software development costs	3,440
Purchases of long-term investments	75,000
Cash paid in business acquisition, net of cash acquired	906
Net cash provided by (used in) investing activities	10,244
Proceeds from stock option exercises	134
Tax withholding for net share settlement	43,248
Proceeds from the issuance of common stock under the employee stock purchase plan	951
Purchase of common stock	145,723
Net cash used in financing activities	-187,886
Net increase (decrease) in cash, cash equivalents and restricted cash	64,463
Cash and cash equivalents at beginning of period	42,754
Cash and cash equivalents at end of period	107,217

Unit: Thousand (K) dollars (except for numbers of shares and EPS).