Airsculpt Technologies, Inc.

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $5.0m $5.6m $6.6m $8.1m $10.3m $11.9m $12.8m
Non-cash interest expense; amortization of debt costs $226k $211k $639k $921k $207k $339k $525k
Deferred income taxes $0 $0 $208k $1.1m $1.3m ($252k) ($5.9m)
Loss on impairment of long-lived assets ($212k) $16k $4.6m
Net loss ($2.2m) $7.6m $10.6m ($14.7m) ($4.5m) ($8.3m) ($11.7m)
Equity-based compensation $341k $325k $7.2m $29.5m $18.2m $3.8m $2.3m
Cost related to closing location $0 $0 $2.2m
Taxes receivable $0 $0 ($2.8m) $890k ($1.1m) $1.6m
Prepaid expense and other current assets ($1.8m) $275k ($3.8m) ($5k) $466k ($2.1m) ($4.4m)
Other assets ($635k) ($204k) ($1.3m) ($7.3m) ($3.8m) ($1.0m) $6.7m
Accounts payable $1.9m ($1.0m) $1.6m $865k ($206k) $739k $579k
Deferred revenue and patient deposits $1.8m $45k ($423k) ($452k) ($896k) ($293k) $735k
Accrued and other liabilities $392k $1.1m $4.8m $8.2m $2.2m $7.6m ($6.8m)
Purchases of property and equipment, net ($4.4m) ($3.7m) ($7.1m) ($12.9m) ($9.9m) ($14.0m) ($2.4m)
Payments on term loan ($500k) ($2.9m) ($838k) ($84.3m) ($12.1m) ($2.1m) ($13.8m)
Payments on revolving credit facility $0 $5.0m ($5.0m)
Proceeds from public offerings, net $0 $0 $18.8m
Distribution to member ($283k) ($4.6m) ($66.9m) ($1.2m) ($79k) $0 $0
Payment of taxes withheld through vested equity-based compensation $0 $0 ($2.0m) ($233k) ($903k) ($56k)
Beginning of period $5.1m $10.4m $25.3m $9.6m $10.3m $8.2m $8.4m
Property and equipment included in accounts payable and accrued expenses $0 $0 $255k $1.1m $283k $1.6m $1.6m
Net cash used in operating activities $4.9m $14.0m $26.6m $24.4m $24.0m $11.3m $3.1m
Net cash used in investing activities ($4.4m) ($3.7m) ($7.1m) ($12.9m) ($9.9m) ($14.0m) ($2.4m)
Payments for debt modification $0 $0 ($136k) ($393k)
Dividends paid to shareholders $0 $0 ($23.2m) ($385k) ($252k) $0
Other financing activity $0 $0 ($147k) ($569k) ($954k) $0
Net cash used in financing activities ($783k) ($5.0m) ($4.5m) ($27.3m) ($13.4m) $630k ($478k)
Net decrease in cash and cash equivalents ($284k) $5.3m $15.0m ($15.7m) $646k ($2.0m) $214k
Cash paid for interest $2.7m $2.3m $4.3m $5.8m $6.3m $6.0m $5.6m