For the year ending 2025-12-31, GLXZ had -$13,811,360 decrease in cash & cash equivalents over the period. $7,574,674 in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | 1,483,619 |
| Depreciation and amortization | 3,209,679 |
| Amortization of right-of-use assets | 259,649 |
| Amortization of debt issuance costs and debt discount | 148,221 |
| Bad debt expense (recovery) | 51,490 |
| (gain) loss on disposal of property & equipment | 5,824 |
| Deferred income tax | 4,715 |
| Stock-based compensation | 540,407 |
| Loss on extinguishment of debt | -2,969,585 |
| Accounts receivable | 736,431 |
| Income tax receivable | 29,908 |
| Prepaid expenses and other current assets | -78,753 |
| Other assets | -276,982 |
| Accounts payable | -772,877 |
| Accrued expenses | 223,038 |
| Revenue contract liability | 286,221 |
| Operating lease liabilities | -289,697 |
| Net cash provided by operating activities | 7,697,622 |
| Investment in internally developed software | 992,688 |
| Acquisition of property and equipment | 122,948 |
| Acquisition of assemblies in process | 466,366 |
| Acquisition of assets deployed at client locations | 1,475,926 |
| Transfer of title of assets deployed at client locations to perpetual license customer | 232,388 |
| Net cash used in investing activities | -2,825,540 |
| Proceeds from bmo credit agreement | 45,000,000 |
| Principal payments on long-term debt-Fortress Credit Corporation | 57,576,929 |
| Principal payments on long-term debt-BMOBank NA | 5,375,000 |
| Principal payments on long-term debt-Insurance Notes Payable | 311,441 |
| Payments of debt issuance costs | 630,024 |
| Fees associated with debt transactions - prior debt | 138,233 |
| Proceeds from stock option exercises | 175,400 |
| Net cash used in financing activities | -18,856,227 |
| Effect of exchange rate changes on cash | 172,785 |
| Net (decrease) increase in cash and cash equivalents | -13,811,360 |
| Cash and cash equivalents beginning of period | 18,118,043 |
| Cash and cash equivalents end of period | 4,306,683 |
Galaxy Gaming, Inc. (GLXZ)
Galaxy Gaming, Inc. (GLXZ)