For the year ending 2025-12-31, PI had $2,153K increase in cash & cash equivalents over the period. $45,885K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income (loss) | -10,847 |
| Depreciation and amortization | 15,040 |
| Stock-based compensation | 55,263 |
| Accretion of discount or amortization of premium on investments | 2,339 |
| Amortization of debt issuance costs | 1,797 |
| Induced conversion expense related to convertible notes | 15,026 |
| Deferred tax expense | -396 |
| Accounts receivable | 13,726 |
| Inventory | -14,488 |
| Prepaid expenses and other assets | 727 |
| Accounts payable | -3,376 |
| Accrued compensation and employee related benefits | -12,512 |
| Accrued and other liabilities | 984 |
| Operating lease right-of-use assets | -2,510 |
| Operating lease liabilities | -2,812 |
| Deferred revenue | 373 |
| Net cash provided by (used in) operating activities | 58,746 |
| Purchases of investments | 202,771 |
| Proceeds from sales of investments | 12,937 |
| Proceeds from maturities of investments | 154,680 |
| Purchases of property and equipment | 12,861 |
| Net cash provided by (used in) investing activities | -48,015 |
| Proceeds from issuance of 2021 notes, net of issuance costs | 183,658 |
| Premiums paid for capped call transactions | -11,210 |
| Payment of 2021 notes | 190,000 |
| Proceeds from exercise of stock options and employee stock purchase plan | 11,795 |
| Payments of taxes on restricted stock units | 3,171 |
| Net cash provided by (used in) financing activities | -8,928 |
| Effect of exchange rate changes on cash and cash equivalents | 350 |
| Net increase (decrease) in cash and cash equivalents | 2,153 |
| Cash and cash equivalents at beginning of period | 46,053 |
| Cash and cash equivalents at end of period | 48,206 |
IMPINJ INC (PI)
IMPINJ INC (PI)