For the quarter ending 2026-03-31, PAR had -$2,901K decrease in cash & cash equivalents over the period. -$16,965K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -16,169 | -20,894 | -18,177 | -45,390 |
| Net income from discontinued operations | 0 | 0 | 0 | 197 |
| Adjustment to contingent consideration liability | - | 0 | 0 | 0 |
| Depreciation and amortization | 12,012 | 12,250 | 12,471 | 24,297 |
| Accretion of debt in interest expense, net | 598 | 591 | 584 | 1,167 |
| Accretion of discount on held to maturity investments in interest expense, net | - | 0 | 0 | 0 |
| Current expected credit losses | 1,479 | 912 | 773 | 2,649 |
| Provision for obsolete inventory | 648 | 472 | 1,186 | -392 |
| Stock-based compensation | 7,203 | 7,756 | 7,821 | 15,068 |
| Impairment loss | - | 3,555 | 0 | - |
| (gain) loss on debt extinguishment, net | 380 | 0 | 0 | -5,791 |
| Deferred income tax | -10 | 161 | -1,573 | 877 |
| Accounts receivable | 7,641 | 12,053 | -684 | 14,520 |
| Inventories | 4,121 | 2,458 | -805 | 4,867 |
| Other current assets | -14 | 5,883 | 7,720 | 1,633 |
| Other assets | -883 | 3,092 | -5,452 | -433 |
| Accounts payable | -3,048 | 7,373 | -6,792 | 3,398 |
| Accrued salaries and benefits | -8,905 | 4,349 | 2,447 | -4,313 |
| Accrued expenses | -1,502 | 1,601 | 3,177 | -7,952 |
| Customer deposits and deferred service revenue | 3,883 | -6,062 | 10,533 | -2,448 |
| Customers payable | -568 | -308 | -3,242 | 4,242 |
| Other long-term liabilities | -1,020 | -22 | -37 | -8 |
| Cash used in operating activities - continuing operations | -16,644 | -11,752 | 8,392 | -23,798 |
| Cash used in operating activities - discontinued operations | 0 | 0 | 0 | 0 |
| Net cash used in operating activities | -16,644 | -11,752 | 8,392 | -23,798 |
| Proceeds from company owned life insurance policies | - | 0 | 0 | - |
| Proceeds from sale of held to maturity investments | - | 310 | 0 | 0 |
| Purchases of held to maturity investments | - | 351 | 0 | 0 |
| Cash paid for acquisition, net of cash acquired | 275 | 0 | 0 | 4,323 |
| Capital expenditures | 321 | 782 | 1,346 | 1,195 |
| Capitalization of software costs | 2,369 | 1,392 | 1,854 | 2,372 |
| Cash used in investing activities - continuing operations | -2,965 | -2,215 | -3,200 | -7,890 |
| Cash provided by investing activities - discontinued operations | 0 | 0 | 0 | 197 |
| Net cash used in investing activities | -2,965 | -2,215 | -3,200 | -7,693 |
| Repayments of long-term debt | 206,170 | 0 | 0 | 93,600 |
| Proceeds from private placement of common stock, net of issuance costs | - | 0 | 0 | 0 |
| Proceeds from debt issuance, net of original issue discount | 257,050 | 0 | 0 | 111,136 |
| Repurchase of common stock | 33,125 | - | - | - |
| Treasury stock acquired from employees upon vesting or forfeiture of restricted stock | 0 | 0 | 0 | 7,043 |
| Proceeds from employee stock purchase plan | - | 683 | 0 | 628 |
| Proceeds from exercise of stock options | 54 | 76 | 70 | 320 |
| Cash provided by financing activities - continuing operations | 17,809 | - | - | - |
| Cash paid for debt extinguishment | - | 0 | - | - |
| Cash provided by financing activities - discontinued operations | 0 | - | - | - |
| Net cash provided by financing activities | 17,809 | 759 | 70 | 11,441 |
| Effect of exchange rate changes on cash and cash equivalents | -1,101 | 0 | -1,161 | 1,297 |
| Net decrease in cash and cash equivalents and cash held on behalf of customers | -2,901 | -13,208 | 4,101 | -18,753 |
| Cash and cash equivalents and cash held on behalf of customers at beginning of period | 93,685 | 106,893 | 121,545 | - |
| Cash and cash equivalents and cash held on behalf of customers at end of period | 90,784 | 93,685 | 106,893 | - |