FTK: the cash flow

Net income

9,953

4,664

3,025

27,503

Change in fair value of contingent consideration

0

127

Amortization of contract assets

2,426

2,232

2,098

4,210

Depreciation

664

631

629

1,207

Amortization of deferred financing costs

94

95

93

252

Provision for credit losses, net of recoveries

141

56

48

555

Provision for excess and obsolete inventory

693

396

135

307

Gain on sale of property and equipment

0

7

Non-cash lease expense

190

188

185

840

Stock compensation expense

1,209

824

594

1,706

Deferred income tax expense

3,170

1,572

1,588

-12,773

Accounts receivable

21,762

2,808

-7,676

9,936

Accounts receivable, related party

9,688

9,798

26,621

10,013

Inventories

12,515

4,070

-2,604

-462

Income tax receivable

0

-20

0

32

Other assets

611

-663

1,197

-724

Accounts payable

21,984

4,249

13,244

-3,000

Accrued liabilities

-2,595

1,515

2,331

-874

Operating lease liabilities

-263

-423

-246

-1,204

Income taxes payable

298

37

61

149

Interest payable, related party

11

-22

0

1,008

Net cash (used in) provided by operating activities

-6,601

21

6,247

-1,865

Capital expenditures

237

1,002

287

388

Proceeds from sale of assets

0

Net cash used in investing activities

-237

-1,002

-287

-388

Payments on long term debt

0

Proceeds from asset-based loan

67,050

55,100

39,950

40,050

Payments on asset-based loan

61,316

53,766

43,280

38,442

Payments of asset-based loan origination costs

8

-

19

150

Payment of note payable issuance costs

0

-

0

Payment of stock warrant issuance costs

0

-

0

197

Proceeds from exercise of april 2025 warrant

0

1

-

Payments to tax authorities for shares withheld from employees

188

456

1,477

22

Proceeds from issuance of stock under employee stock purchase plan

39

44

42

45

Proceeds from stock option exercises

2

6

2

566

Payments for finance leases

38

37

36

35

Net cash provided by (used in) financing activities

5,541

892

-4,818

1,815

Effect of changes in exchange rates on cash and cash equivalents

23

34

-13

13

Net change in cash and cash equivalents and restricted cash

-1,274

-55

1,129

-425

Cash and cash equivalents at the beginning of the period

5,731

-

Restricted cash at the beginning of the period

104

-

Cash and cash equivalents and restricted cash at the beginning of the period

4,706

-

4,506

Cash and cash equivalents at the end of the period

4,402

-

Restricted cash at the end of the period

104

-

Cash and cash equivalents and restricted cash at the end of the period

4,506

-

4,706

MyFinsight

Cash Flow Overview

Time Plot

Cash Flow

Cash Flow Overview

Time Plot

Cash Flow