TYGO: the cash flow

MyFinsight

For the year ending 2025-12-31, TYGO had -$4,076K decrease in cash & cash equivalents over the period. $9,657K in free cash flow.

Cash Flow	2025-12-31
Net loss	-1,880
Depreciation and amortization	1,266
Provision to write down inventories to net realizable value	1,481
Non-cash interest expense	8,605
Stock-based compensation	7,863
Change in allowance for credit losses	-17
Non-cash lease expense	906
Accretion of interest on marketable securities	467
Loss on disposal of property and equipment	-12
Gain on sale of intangible assets	14,637
Loss on extinguishment of convertible promissory note	-1,132
Accounts receivable	5,902
Inventory	10,770
Prepaid expenses and other assets	1,818
Accounts payable	20,913
Accrued expenses and other liabilities	-232
Deferred revenue	652
Warranty liability	3,546
Operating lease liabilities	-605
Other long-term liabilities	251
Net cash provided by (used in) operating activities	10,299
Purchase of marketable securities	31,319
Purchase of property and equipment	642
Sales and maturities of marketable securities	39,940
Proceeds from sale of intangible assets	14,637
Net cash provided by investing activities	22,616
Proceeds from exercise of stock options	157
Proceeds from at-the-market offering	13,467
Payment of tax withholdings on restricted stock awards	367
Repayment of convertible note	50,248
Net cash used in financing activities	-36,991
Net (decrease) increase in cash	-4,076
Cash and cash equivalents at beginning of period	11,746
Cash and cash equivalents at end of period	7,670

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