For the quarter ending 2026-03-31, GNSS had -$9,355K decrease in cash & cash equivalents over the period. -$9,354K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | - | 17,065 | - | - |
| Cost of revenues | - | 8,882 | - | - |
| Gross profit | - | 8,183 | - | - |
| Selling, general and administrative | - | 6,640 | - | - |
| Research and development | - | 1,895 | - | - |
| Total operating expenses | - | 8,535 | - | - |
| Income (loss) from operations | - | -352 | - | - |
| Income (loss) before income taxes | - | -692 | - | - |
| Income tax expense | - | 125 | - | - |
| Net income (loss) | 723 | -817 | -1,408 | -16,704 |
| Depreciation and amortization | 689 | 682 | 665 | 2,114 |
| Warranty provision (settlement) | 52 | 20 | -2 | -12 |
| Loss on issuance of first amendment term loan | - | - | 0 | -480 |
| Partial release of valuation allowance | - | - | - | 0 |
| Deferred income taxes | - | - | 0 | - |
| Inventory obsolescence | 75 | 26 | 197 | 254 |
| Loss on disposition of fixed assets | 0 | - | 0 | -1 |
| Share-based compensation | 551 | 419 | 399 | 1,264 |
| Gain on change in fair value of warrants | -690 | -870 | 1,490 | -4,560 |
| Addition of operating lease right of use asset | - | - | 67 | - |
| Loss on change in fair value of term loans | 790 | 771 | 960 | 1,380 |
| Amortization of operating lease right of use asset | 208 | 205 | 197 | 570 |
| Remeasurement of acquisition contingent consideration | - | - | 0 | 0 |
| Accretion of acquisition holdback liability | - | - | 0 | 0 |
| Accretion of investment of marketable securities | 0 | 0 | 1 | 40 |
| Accounts receivable, net | 4,196 | 1,287 | 2,950 | 1,353 |
| Contract assets | -3,824 | 1,033 | 3,121 | 2,846 |
| Inventories, net | 1,173 | -206 | -2,424 | 4,367 |
| Prepaid expenses and other | 2,783 | 513 | 1,144 | 4,793 |
| Accounts payable | 2,187 | -711 | 377 | 3,737 |
| Customer deposit | -11,113 | 10,636 | 18,062 | - |
| Accrued and other liabilities | 1,543 | -534 | -13,569 | 13,604 |
| Net cash used in operating activities | -9,313 | 7,200 | 2,509 | -11,271 |
| Purchases of marketable securities | 0 | 0 | -1 | 1,401 |
| Proceeds from maturities of marketable securities | 0 | 41 | 50 | 9,507 |
| Cash paid for acquisitions net of cash acquired | - | - | 0 | 0 |
| Cash paid for asset purchase holdback liability | - | - | 0 | 0 |
| Capital expenditures | 41 | 0 | 42 | 213 |
| Payment of contingent consideration | - | - | 0 | 0 |
| Net cash provided by investing activities | -41 | 41 | 9 | 7,893 |
| Proceeds from issuance of close date term loan and warrants, net of issuance cost | - | - | 0 | 0 |
| Proceeds from issuance of first amendment term loan | - | - | 0 | 4,000 |
| Proceeds from offering of common stock, net of issuance costs | - | - | 0 | 0 |
| Proceeds from exercise of stock options | 6 | 34 | 6 | 43 |
| Repayment of first amendment term loan principal | 0 | 4,000 | - | - |
| Payment of minimum return on first amendment term loan | 0 | 961 | - | - |
| Shares retained for payment of taxes in connection with exercise of stock options | 2 | - | 0 | - |
| Shares retained for payment of taxes in connection with settlement of restricted stock units | -1 | 2 | 0 | 18 |
| Net cash (used in) provided by financing activities | 5 | -4,929 | 6 | 4,025 |
| Effect of foreign exchange rate on cash | -6 | 5 | 11 | 82 |
| Net decrease in cash, cash equivalents, and restricted cash | -9,355 | 2,317 | 2,535 | 729 |
| Cash, cash equivalents and restricted cash, beginning of period | 10,871 | 8,554 | 5,290 | - |
| Cash, cash equivalents and restricted cash, end of period | 1,516 | 10,871 | 8,554 | - |
Genasys Inc. (GNSS)
Genasys Inc. (GNSS)