PAY: the cash flow

MyFinsight

For the year ending 2025-12-31, PAY had $115,127K increase in cash & cash equivalents over the period. $161,766K in free cash flow.

Cash Flow	2025-12-31
Net income	66,937
Depreciation and amortization	41,058
Deferred income taxes	50
Stock-based compensation	18,627
Amortization of capitalized warrants cost	2,267
Non-cash lease expense	2,354
Amortization of capitalized contract acquisition cost	2,110
Provision for expected credit losses	268
Other non-cash adjustments	0
Accounts and other receivables	-17,141
Prepaid expenses and other assets	6,420
Accounts payable	13,980
Accrued and other liabilities	1,689
Operating lease liabilities	-2,494
Contract liabilities	1,178
Income taxes receivable, net of payable	-3,382
Net cash provided by operating activities	162,127
Purchases of property and equipment	361
Purchases of interest-bearing deposits	2,522
Proceeds from matured interest-bearing deposits	3,102
Capitalized internal-use software development costs	36,737
Net cash used in investing activities	-36,518
Proceeds from exercise of stock-based awards	162
Payments of taxes withheld on net settled vesting of restricted stock units	10,739
Settlement of holdback liability related to prior acquisitions	0
Payments on other financing obligations	0
Payments on finance leases	0
Net cash used in financing activities	-10,577
Effect of exchange rate changes on cash and cash equivalents and restricted cash	95
Net increase in cash, cash equivalents and restricted cash	115,127
Cash and cash equivalents and restricted cash beginning of period	209,411
Cash and cash equivalents and restricted cash end of period	324,538

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