BTMD: the cash flow

MyFinsight

For the year ending 2025-12-31, BTMD had -$15,219K decrease in cash & cash equivalents over the period. $30,179K in free cash flow.

Cash Flow	2025-12-31
Total revenue	192,219
Cost of revenue	54,858
General and administrative	21,582
Marketing expense	9,526
Employee-related costs	50,861
Depreciation and amortization	3,269
Other (income) expense, net	2,033
Income tax expense	5,987
Other segment items	16,572
Net income	31,597
Depreciation and amortization	3,670
Bad debt expense	1,721
Amortization of debt issuance costs	833
Provision for obsolete inventory	2,023
Non-cash lease expense	545
Non-cash interest on share repurchase liability	3,184
Share-based compensation expense	8,921
(gain) loss from change in fair value of earnout liabilities	-13,023
Deferred income taxes	3,975
Accounts receivable	958
Inventory	6,242
Other assets	-1,694
Accounts payable	1,013
Deferred revenue	-400
Accrued expenses	-2,743
Payments pursuant to tra	93
Operating lease liabilities	-523
Net cash provided by operating activities	35,194
Purchases of property and equipment	5,015
Purchases of capitalized software	1,849
Net cash used in investing activities	-6,864
Repurchases of class a common stock	3,365
Borrowings on revolving loans	5,000
Principal repayments on term loan	6,250
Payments on repurchase liability	37,581
Proceeds from exercise of stock options	226
Issuance of stock under purchase plan	142
Distributions	1,727
Net cash used in financing activities	-43,555
Effect of exchange rate changes on cash and cash equivalents	6
Net decrease in cash and cash equivalents	-15,219
Cash and cash equivalents at beginning of period	39,342
Cash and cash equivalents at end of period	24,123

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