WRBY: the cashflow

MyFinsight

For the quarter ending 2025-09-30.

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

Cash Flow	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Net income (loss)	7,594	1,720	3,472	-13,513
Depreciation and amortization	37,179	24,648	12,162	33,533
Stock-based compensation	28,260	21,229	12,333	38,664
Non-cash charitable contribution	2,821	2,821	0	2,196
Asset impairment charges	511	486	311	522
Amortization of cloud-based software implementation costs	2,391	1,488	737	2,862
Accounts receivable, net	-805	-809	-475	-686
Inventory	-6,753	-9,077	-3,739	-9,468
Prepaid expenses and other assets	1,847	-1,085	-1,934	1,148
Accounts payable	-11,103	1,846	4,626	13,267
Accrued expenses	17,132	10,752	-560	2,728
Deferred revenue	-10,361	-10,836	-9,845	-12,401
Other current liabilities	-	-	-	-256
Lease assets and liabilities	6,947	4,067	-601	2,469
Other liabilities	449	365	575	-245
Net cash provided by operating activities	87,531	69,557	29,358	78,832
Purchases of property and equipment	51,928	32,438	16,152	46,311
Investment in optical equipment company	0	0	0	2,000
Net cash used in investing activities	-51,928	-32,438	-16,152	-48,311
Proceeds from stock option exercises	149	117	39	2,686
Shares withheld for taxes on stock-based compensation	11,001	6,361	2,341	-
Proceeds from shares issued in connection with employee stock purchase plan	1,169	1,169	-	1,068
Net cash (used in) provided by financing activities	-9,683	-5,075	-2,302	3,754
Effect of exchange rates on cash	279	179	9	-137
Net change in cash and cash equivalents	26,199	32,223	10,913	34,138
Cash and cash equivalents at beginning of period	254,161	254,161	254,161	216,894
Cash and cash equivalents at end of period	280,360	286,384	265,074	251,032

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

WRBY: the cashflow