HCKT: the cashflow

MyFinsight

For the quarter ending 2025-09-26, HCKT had $3,753K increase in cash & cash equivalents over the period. $5,535K in free cash flow.

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

Cash Flow	2025-09-26	2025-06-27
Net income	2,547	4,804
Depreciation expense	1,052	2,059
Amortization expense	309	376
Amortization of debt issuance costs	23	45
Non-cash stock based compensation expense	5,887	19,394
Provision for doubtful accounts	272	-150
Loss on foreign currency translation	636	-776
Deferred income tax expense	1,614	838
Increase in accounts receivable and contract assets	-5,095	5,208
Increase in prepaid expenses and other assets	2,065	4,039
(decrease) in accounts payable	-167	-1,738
(decrease) in accrued expenses and other liabilities	-656	-5,272
(decrease) increase in contract liabilities	1,876	-1,281
(decrease) increase in income tax payable	-5	-3,323
Net cash provided by operating activities	11,394	9,843
Purchases of property and equipment	-	3,454
Purchases of property, software and equipment	5,859	-
Cash consideration paid for acquisition	0	767
Net cash used in investing activities	-2,405	-4,221
Debt proceeds	23,000	10,000
Repayments of debt	2,000	-
Debt issuance costs	2	5
Proceeds from espp	0	670
Taxes paid to satisfy employee withholding tax obligations	5,515	5,603
Dividends paid	3,302	6,342
Repurchase of common stock	17,405	10,521
Net cash used in financing activities	-5,224	-11,801
Effect of exchange rate on cash	-12	-45
Net decrease in cash	3,753	-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