Teads Holding Co. (TEAD)
Teads Holding Co. (TEAD)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -38,786 | -428,224 | -19,690 | -69,156 |
| Gain on repurchase of long-term debt | NaN | 0 | 0 | 1,225 |
| Depreciation and amortization of property and equipment | 2,067 | 2,445 | 1,867 | 4,896 |
| Amortization of capitalized software development costs | 2,310 | 2,237 | 2,266 | 4,775 |
| Amortization of intangible assets | 13,057 | 13,331 | 13,364 | 21,539 |
| Amortization of discount on marketable securities | 198 | 175 | 63 | 721 |
| Stock-based compensation | 2,146 | 3,338 | 3,641 | 6,731 |
| Non-cash operating lease expense | 3,245 | 3,067 | 2,977 | 5,198 |
| Provision for credit losses | 2,141 | 2,171 | 4,150 | 1,464 |
| Amortization of debt issuance costs | NaN | 1,284 | 1,250 | 14,087 |
| Amortization of debt discount and issuance costs | 1,121 | NaN | NaN | NaN |
| Deferred income taxes | -6,176 | 70,274 | -10,862 | -31,847 |
| Impairment of goodwill and intangible assets | NaN | 367,744 | NaN | NaN |
| Impairment of intangible assets | -15,614 | NaN | 0 | 15,614 |
| Unrealized foreign currency transaction losses | -821 | -1,661 | -2,532 | -4,145 |
| Other | -21 | -8 | 0 | -25 |
| Accounts receivable | -58,614 | 31,898 | -19,255 | -38,572 |
| Prepaid expenses and other current assets | -2,412 | -462 | -3,519 | -13,344 |
| Accounts payable, accrued expenses and other current liabilities | -69,683 | 23,017 | -42,857 | -2,150 |
| Operating lease liabilities | -3,191 | -3,249 | -3,019 | -5,426 |
| Deferred revenue | -1,610 | 4,575 | -1,092 | -2,850 |
| Other non-current assets and liabilities | 3,182 | 9,192 | 972 | -7,063 |
| Net cash used in operating activities | -34,871 | 7,262 | -23,734 | 24,078 |
| Acquisition of a business, net of cash acquired | 0 | 0 | 0 | 598,319 |
| Purchases of property and equipment | 726 | 755 | 789 | 4,064 |
| Capitalized software development costs | 5,537 | 5,128 | 4,915 | 7,105 |
| Purchases of marketable securities | 13,081 | 6,921 | 0 | 16,603 |
| Proceeds from sales and maturities of marketable securities | 10,490 | 4,000 | 9,250 | 77,221 |
| Other | -241 | 0 | 57 | -1 |
| Net cash used in investing activities | -8,613 | -8,804 | 3,489 | -548,869 |
| Partial repayment of senior secured notes | NaN | NaN | NaN | 7,674 |
| Proceeds from the bridge facility | 0 | 0 | 0 | 625,000 |
| Repayments of borrowings under the bridge facility | 0 | 0 | 0 | 625,000 |
| Proceeds from senior secured notes | 0 | 0 | 0 | 625,305 |
| Partial repayment of long-term debt | NaN | 0 | 7,674 | NaN |
| Payment of deferred financing costs | 50 | 0 | 168 | 30,801 |
| Payment of stock issuance costs | 0 | 0 | 0 | 775 |
| Treasury stock repurchases and share withholdings on vested awards | 38 | 7 | 86 | 553 |
| Principal payments on finance lease obligations | NaN | 0 | 0 | 0 |
| Payment of contingent consideration liability up to acquisition-date fair value | NaN | 0 | NaN | NaN |
| Proceeds from bank overdrafts, net | -48 | -16 | 59 | 51 |
| Net cash (used in) provided by financing activities | -136 | -23 | -195 | 585,553 |
| Effect of exchange rate changes | 378 | -616 | 1,687 | 147 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -43,242 | -2,181 | -18,753 | 60,909 |
| Cash, cash equivalents and restricted cash beginning | 129,700 | -42,156 | 89,725 | NaN |
| Cash, cash equivalents and restricted cash ending | 86,458 | -2,181 | 131,881 | NaN |