| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net loss | -85,138 | -65,904 | -16,829 | -44,739 |
| Depreciation and amortization | 2,558 | 1,677 | 807 | 2,197 |
| Amortization of intangible assets | 14,203 | 9,468 | 4,734 | 14,265 |
| Non-cash lease expense | 1,333 | 896 | 461 | 1,716 |
| Other | - | - | - | 0 |
| Stock-based compensation expense | 6,526 | 6,059 | 6,972 | 38,011 |
| Allowance for expected credit losses | 982 | 750 | 346 | 1,053 |
| Equity method investment loss | -827 | -505 | -280 | - |
| Loss on disposition of capital assets | -8 | -8 | - | - |
| Loss (gain) from change in fair value of earnout liability | -20,695 | -19,851 | 8,113 | 42,920 |
| Deferred income taxes | -70 | -35 | -13 | 0 |
| Accounts receivable | -3,212 | -756 | -1,209 | 1,496 |
| Inventories | -812 | -353 | 585 | -950 |
| Prepaid expenses and other current assets | -236 | 6 | 609 | -2,017 |
| Other assets | -979 | -954 | -7 | -525 |
| Accounts payable, accrued compensation and other accrued expenses | -676 | 728 | -1,729 | -9,867 |
| Operating lease liability | -1,270 | -825 | -471 | -1,398 |
| Customer deposit and deferred revenue | 0 | 0 | 0 | -8,947 |
| Net cash used in operating activities | -34,783 | -24,765 | -13,533 | -48,633 |
| Proceeds from disposition of property and equipment | 46 | 46 | - | - |
| Investment purchases | 0 | 0 | 0 | 2,500 |
| Purchases of property and equipment | 1,430 | 720 | 41 | 6,209 |
| Net cash used in investing activities | -1,384 | -674 | -41 | -8,709 |
| Proceeds from the issuance of the at-the-market offerings (atm one and atm two) | 100,000 | 100,000 | - | - |
| Costs for the issuance of common stock/at-the-market offering (atm one and atm two) | 3,250 | 3,250 | - | - |
| Proceeds from issuance of common stock in connection stock option exercises | 1,028 | 1,023 | 131 | 434 |
| Proceeds from issuance of common stock in may 2023 public offering | - | - | - | 0 |
| Payment of may 2023 public offering costs | - | - | - | 0 |
| Proceeds from employee stock purchase plan | 1,498 | 818 | 818 | 2,683 |
| Payments on finance lease obligations | 128 | 51 | - | - |
| Net cash provided by financing activities | 99,148 | 98,540 | 949 | 3,117 |
| Net increase (decrease) in cash | 62,981 | 73,101 | -12,625 | -54,225 |
| Cash and cash equivalents at beginning of period | 88,240 | 88,240 | 88,240 | 152,839 |
| Cash and cash equivalents at end of period | 151,221 | 161,341 | 75,615 | 98,614 |
Navitas Semiconductor Corp (NVTS)
Navitas Semiconductor Corp (NVTS)