For the quarter ending 2025-12-31, MITK had $20,969K increase in cash & cash equivalents over the period. $6,592K in free cash flow.
| Cash Flow | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|
| Net income (loss) | 2,772 | 1,860 | 6,936 |
| Stock-based compensation expense | 2,691 | 3,571 | 13,239 |
| Net changes in estimated fair value of acquisition-related contingent consideration | - | 0 | 0 |
| Loss on extinguishment of revolving credit line | - | 0 | -309 |
| Amortization of acquired intangible assets | 3,286 | 3,326 | 10,817 |
| Amortization of costs capitalized to obtain revenue contracts | 606 | 502 | 1,394 |
| Depreciation expense | - | 144 | 1,171 |
| Depreciation and amortization expense | 353 | - | - |
| Bad debt expense | -71 | 283 | 520 |
| Amortization of investment premiums & other | 216 | 343 | 764 |
| Accretion and amortization on convertible senior notes | 2,249 | 2,211 | 6,403 |
| Restructuring accrual | - | 0 | 0 |
| Deferred taxes | 366 | -1,634 | -7,942 |
| Accounts receivable | -4,911 | -3,155 | 8,852 |
| Contract assets | -444 | 508 | -5,997 |
| Other assets | 856 | 538 | 755 |
| Accounts payable | 1,183 | 320 | -3,691 |
| Accrued payroll and related taxes | -6,211 | 2,415 | 3,947 |
| Income taxes payable | 802 | 540 | 1,990 |
| Deferred revenue | -4,181 | 3,365 | 4,584 |
| Other liabilities | -110 | 792 | 576 |
| Net cash provided by (used in) operating activities | 8,018 | 19,461 | 35,879 |
| Purchases of investments | 0 | 6,418 | 34,192 |
| Maturities of investments | 25,842 | 11,350 | 34,900 |
| Sales of investments | 0 | 1,350 | - |
| Acquisitions, net of cash acquired | - | 0 | - |
| Purchases of property and equipment, net | 1,426 | 259 | 896 |
| Net cash provided by (used in) investing activities | 24,416 | 6,023 | -188 |
| Payment of debt issuance costs | - | 0 | 224 |
| Proceeds from the issuance of equity plan common stock | 25 | 1,171 | 530 |
| Repurchases and retirements of common stock | 9,995 | 1,479 | 3,259 |
| Payment of acquisition-related contingent consideration | - | 0 | 0 |
| Payment of tax withholding obligations related to net share settlements of equity awards | 1,983 | - | - |
| Proceeds from other borrowings | 442 | 1,691 | 0 |
| Principal payments on other borrowings | 0 | 134 | 142 |
| Net cash provided by (used in) financing activities | -11,511 | 1,249 | -3,095 |
| Foreign currency effect on cash and cash equivalents | 46 | 296 | 1,072 |
| Net increase (decrease) in cash and cash equivalents | 20,969 | 27,029 | 33,668 |
| Cash and cash equivalents at beginning of period | 154,153 | 93,456 | - |
| Cash and cash equivalents at end of period | 175,122 | 154,153 | - |
MITEK SYSTEMS INC (MITK)
MITEK SYSTEMS INC (MITK)