For the quarter ending 2026-03-31, INDI had $28,973K increase in cash & cash equivalents over the period. -$25,338K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Asset impairment in relation to restructuring | - | 376 | 0 | 3,231 |
| Net loss | -47,122 | -31,229 | -40,694 | -78,789 |
| Depreciation and amortization | 11,219 | 9,997 | 10,243 | 20,173 |
| Amortization of inventory step-up | - | 0 | 0 | - |
| Allowance for credit losses and inventory reserves | 25 | 199 | 1,046 | 460 |
| Share-based compensation, including restructuring costs | 19,734 | 14,510 | 18,372 | 32,226 |
| Gain from change in fair value of warrants | - | 0 | - | - |
| Amortization of discount and cost of issuance of debt | 670 | 657 | 723 | 1,354 |
| Gain from change in fair value of contingent considerations and acquisition-related holdbacks | -1,085 | 2,071 | 6 | 4,893 |
| Loss from change in fair value of currency forward contract | -637 | -473 | -76 | 1,370 |
| Loss from extinguishment of debt | -3,656 | 0 | 0 | 2,623 |
| Deferred tax liabilities | - | -536 | - | - |
| Amortization of right-of-use assets | 824 | 768 | 827 | 1,579 |
| Other | - | 0 | - | - |
| Accounts receivable | 3,115 | 3,706 | -6,454 | 5,609 |
| Inventory | 8,476 | 2,366 | -691 | -4,199 |
| Accounts payable | 2,826 | 2,075 | -959 | -8,853 |
| Accrued expenses and other current liabilities | 980 | 1,465 | 1,678 | -1,988 |
| Accrued payroll liabilities | -3,038 | -3,337 | 405 | 3,084 |
| Prepaid, other current and noncurrent assets | 1,000 | -738 | 3,221 | -1,389 |
| Operating lease liabilities | -896 | -835 | -878 | -1,358 |
| Other long-term liabilities | -135 | -1,535 | -924 | 1,182 |
| Net cash used in operating activities | -22,126 | -14,357 | -6,167 | -36,606 |
| Purchases of property and equipment | 3,212 | 1,740 | 4,162 | 8,392 |
| Payments for acquired software license | - | 0 | 0 | - |
| Business combinations, net of cash acquired | - | 0 | 17,673 | 0 |
| Net cash used in investing activities | -3,212 | -1,740 | -21,835 | -8,392 |
| Proceeds from issuance of common stock/at-the-market offering | - | 0 | - | - |
| Offering costs for the issuance of common stock/at-the-market offering | - | 0 | - | - |
| Wuxi eip capital paid in | - | 0 | - | - |
| Proceeds from issuance of common stock/at-the-market offering | - | - | 0 | 0 |
| 2029 convertible note capped call transactions | - | 0 | - | - |
| Proceeds from issuance of debt obligations | 170,500 | -440 | 2,845 | 0 |
| Issuance costs on line of credit | - | - | 0 | 50 |
| Issuance and debt discount costs related to debt obligations | 5,387 | 50 | - | - |
| Payments on debt obligations | 1,200 | 443 | 2,633 | 905 |
| Repurchase of debt obligations | 106,371 | 0 | 0 | 26,829 |
| Payments on financed software | 1,758 | 2,134 | 2,133 | 3,691 |
| Deferred payments on business combination | 720 | 0 | 0 | 2,534 |
| Proceeds from exercise of stock options | 0 | 2 | 3 | 1 |
| Net cash provided by (used in) financing activities | 55,064 | -3,015 | -1,918 | -34,008 |
| Effect of exchange rate changes on cash and cash equivalents | -753 | 3,691 | -1,771 | -2,689 |
| Net decrease in cash and cash equivalents | 28,973 | -15,421 | -31,691 | -81,695 |
| Cash, cash equivalents and restricted cash at beginning of period | 155,741 | 171,162 | 284,548 | - |
| Cash, cash equivalents and restricted cash at end of period | 184,714 | 155,741 | 171,162 | - |
indie Semiconductor, Inc. (INDI)
indie Semiconductor, Inc. (INDI)