FTK: the cash flow

MyFinsight

The latest financial statement is for the year ending 2025-12-31.

Cash Flow	2025-12-31
Net income	30,528
Change in fair value of contingent consideration	127
Amortization of contract assets	6,308
Depreciation	1,836
Amortization of deferred financing costs	345
Provision for credit losses, net of recoveries	603
Provision for excess and obsolete inventory	442
Gain on sale of property and equipment	7
Non-cash lease expense	1,025
Stock compensation expense	2,300
Deferred income tax (benefit) expense	-11,185
Accounts receivable	2,260
Accounts receivable, related party	36,634
Inventories	-3,066
Income tax receivable	32
Other assets	473
Accounts payable	10,244
Accrued liabilities	1,457
Operating lease liabilities	-1,450
Income taxes payable	210
Interest payable, related party	1,008
Net cash provided by operating activities	7,204
Capital expenditures	1,984
Proceeds from sale of assets	7
Net cash used in investing activities	-1,977
Payments on long term debt	60
Proceeds from asset-based loan	186,950
Payments on asset-based loan	188,407
Payments of asset-based loan origination costs	169
Payment of note payable issuance costs	480
Payment of stock warrant issuance costs	653
Payments to tax authorities for shares withheld from employees	1,559
Proceeds from issuance of stock under employee stock purchase plan	155
Proceeds from stock option exercises	576
Payments for finance leases	96
Net cash used in financing activities	-3,743
Effect of changes in exchange rates on cash and cash equivalents	-155
Net change in cash and cash equivalents and restricted cash	1,329

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