PEN: the cash flow

MyFinsight

For the year ending 2025-12-31, PEN had -$137,507K decrease in cash & cash equivalents over the period. $174,934K in free cash flow.

Cash Flow	2025-12-31
Net income	177,687
Depreciation and amortization	17,471
Stock-based compensation	59,213
Impairment charge	0
Inventory write-offs and write-downs	5,769
Deferred taxes	21,034
Acquired in-process research and development	0
Other	205
Accounts receivable	19,514
Inventories	26,482
Prepaid expenses and other current and non-current assets	12,697
Accounts payable	3,067
Accrued expenses and other non-current liabilities	12,910
Proceeds from lease incentives	0
Net cash provided by operating activities	238,663
Asset acquisition, net of cash acquired	0
Purchases of non-marketable investments	0
Purchases of marketable investments	355,737
Proceeds from sales of marketable investments	1,876
Proceeds from maturities of marketable investments	13,000
Purchases of property and equipment	63,729
Other	0
Net cash (used in) provided by investing activities	-404,590
Proceeds from exercises of stock options	15,411
Proceeds from issuance of stock under employee stock purchase plan	16,408
Payment of employee taxes related to vested common and restricted stock	2,546
Payments of finance lease obligations	2,485
Repurchase of common stock	0
Other	-256
Net cash provided by (used in) financing activities	26,532
Effect of foreign exchange rate changes on cash and cash equivalents	1,888
Net (decrease) increase in cash and cash equivalents	-137,507
Cash and cash equivalentsbeginning of period	324,404
Cash and cash equivalentsend of period	186,897

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