HCKT: the cashflow

MyFinsight

For the quarter ending 2025-09-26.

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

Cash Flow	2025-09-26	2025-06-27
Net income	7,351	4,804
Depreciation expense	3,111	2,059
Amortization expense	685	376
Amortization of debt issuance costs	68	45
Non-cash stock based compensation expense	25,281	19,394
Provision for doubtful accounts	122	-150
Loss on foreign currency translation	-140	-776
Deferred income tax expense	2,452	838
Increase in accounts receivable and contract assets	113	5,208
Increase in prepaid expenses and other assets	6,104	4,039
(decrease) in accounts payable	-1,905	-1,738
(decrease) in accrued expenses and other liabilities	-5,928	-5,272
(decrease) increase in contract liabilities	595	-1,281
(decrease) increase in income tax payable	-3,328	-3,323
Net cash provided by operating activities	21,237	9,843
Purchases of property and equipment	-	3,454
Purchases of property, software and equipment	5,859	-
Cash consideration paid for acquisition	767	767
Net cash used in investing activities	-6,626	-4,221
Debt proceeds	33,000	10,000
Repayments of debt	2,000	-
Debt issuance costs	7	5
Proceeds from espp	670	670
Taxes paid to satisfy employee withholding tax obligations	11,118	5,603
Dividends paid	9,644	6,342
Repurchase of common stock	27,926	10,521
Net cash used in financing activities	-17,025	-11,801
Effect of exchange rate on cash	-57	-45
Net decrease in cash	-2,471	-6,224
Cash and cash equivalents at beginning of period	16,366	-
Cash and cash equivalents at end of period	13,895	-

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

HCKT: the cashflow