Alphatec Holdings, Inc. (ATEC)
Alphatec Holdings, Inc. (ATEC)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net loss | -33,906 | -21,729 | -121,629 |
| Depreciation and amortization | 19,135 | 19,101 | 58,391 |
| Stock-based compensation | 23,659 | 19,398 | 54,321 |
| Amortization of debt discount and debt issuance costs | 6,768 | 6,886 | 15,626 |
| Amortization of right-of-use assets | 1,321 | 1,384 | 3,687 |
| Write-down for excess and obsolete inventories | 3,616 | 2,212 | 11,323 |
| Loss on disposal of assets | -196 | -177 | -2,295 |
| Loss on debt extinguishment | 0 | 0 | -17,576 |
| Gain on derivative liability | 0 | 0 | 620 |
| Other | 1,127 | 2,785 | 5,603 |
| Accounts receivable | 10,238 | 3,374 | 18,505 |
| Inventories | 20,570 | 4,804 | 1,509 |
| Prepaid expenses and other current assets | 12 | 2,465 | -710 |
| Other assets | 138 | -213 | -192 |
| Accounts payable | 201 | 5,182 | -16,338 |
| Accrued expenses | 11,203 | -3,490 | 19,314 |
| Lease liabilities | -1,249 | -1,319 | -3,571 |
| Contract liabilities | 57 | 349 | -620 |
| Other long-term liabilities | 121 | 176 | -1,697 |
| Net cash provided by (used in) operating activities | 1,291 | 20,682 | 24,549 |
| Purchase of property and equipment | 12,091 | 12,964 | 29,491 |
| Note receivable | 5,000 | NaN | NaN |
| Purchase of intangible assets | 2,223 | 2,001 | 5,185 |
| Acquisition of business, net of cash acquired | NaN | 0 | NaN |
| Cash paid for equity investment | NaN | 0 | 3,000 |
| Other | 580 | 770 | NaN |
| Net cash used in investing activities | -19,894 | -15,735 | -37,676 |
| Repayment of revolving credit facility | 2,994 | 3,368 | 60,592 |
| Proceeds from revolving credit facility | 2,747 | 2,994 | 11,160 |
| Payment of debt issuance costs | NaN | 0 | 706 |
| Proceeds from term debt, net of debt discount | NaN | 0 | NaN |
| Net cash paid for common stock exercises | 2,166 | -1,214 | 699 |
| Proceeds from issuance of convertible notes, net | 0 | 0 | 392,850 |
| Proceeds from common stock offerings, net of offering costs | NaN | 0 | NaN |
| Repurchase of convertible notes | 0 | 0 | 268,231 |
| Repayment of oceanes | NaN | 0 | NaN |
| Purchase of capped calls | 0 | 0 | 42,485 |
| Other | 639 | -634 | -1,485 |
| Net cash (used in) provided by financing activities | -1,774 | 206 | 29,812 |
| Effect of exchange rate changes on cash | -517 | -88 | 216 |
| Net change in cash and cash equivalents | -20,894 | 5,065 | 16,901 |
| Cash and cash equivalents at beginning of period | 160,806 | 155,741 | 138,840 |
| Cash and cash equivalents at end of period | 139,912 | 160,806 | 155,741 |