← ASURE SOFTWARE INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($972k) ($5.7m) ($7.5m) $30.0m ($16.3m) $3.2m ($14.5m) ($9.2m) ($11.8m) ($13.1m)
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — ($42.3m) ($16.3m) — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — $0 — — — — —
Depreciation, Depletion and Amortization $3.6m $6.1m $12.9m $18.2m $16.2m $16.2m $18.7m $19.1m $22.1m $26.4m
Amortization of Debt Issuance Costs and Discounts — $0 $1.5m $1.5m $395k $309k $718k $820k $726k $1.3m
Amortization of Intangible Assets $2.3m $4.5m $8.7m $11.8m $9.5m $10.9m $13.5m $13.6m $16.2m $18.3m
Depreciation $721k $1.1m $2.6m $2.4m $3.5m $3.8m $4.0m $5.1m $5.7m $7.0m
Deferred Income Tax Expense (Benefit) $173k $253k ($7.4m) ($557k) $552k $707k ($92k) $225k $884k $652k
Deferred Other Tax Expense (Benefit) — ($500k) — — — — — — — —
Share-based Payment Arrangement, Noncash Expense $226k $593k $1.7m $2.3m $2.4m $3.0m $3.2m $5.4m $6.4m $7.7m
Share-based Payment Arrangement, Expense $226k $593k $1.7m $2.0m — — — — — —
Goodwill and Intangible Asset Impairment — — — — — $0 — $0 $0 $0
Goodwill, Impairment Loss — — — $35.1m $0 — — — — —
Impairment of Intangible Assets, Finite-lived — — — $0 $0 — — — — —
Gain (Loss) on Extinguishment of Debt — — $479k ($2.8m) $138k $8.3m $0 ($1.5m) $0 $71k
Gain (Loss) on Disposition of Assets $0 — ($53k) ($62k) ($59k) $32k ($25k) ($132k) $0 —
Income Tax Expense (Benefit) $189k $96k ($7.2m) ($24.1m) $337k $802k $112k $109k $933k $652k
Interest Expense Nonoperating — — — — — — — — $1.0m $5.1m
Operating Lease, Expense — — — — — — — — — $2.3m
Other Nonoperating Income (Expense) — — — — — $150k $1.4m ($292k) $8k $121k
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Inventories ($297k) $17k $2.9m $1.6m ($11k) ($142k) $14k ($97k) $41k ($750k)
Increase (Decrease) in Accounts Payable ($1.1m) ($254k) $1.6m ($3.2m) ($448k) ($725k) $1.6m $376k ($1.2m) $335k
Accounts Receivable, Credit Loss Expense (Reversal) $265k $495k $504k $446k $372k $1k $803k $2.0m $46k $1.1m
Proceeds from Stock Options Exercised $15.2m $28.0m $39.4m $820k $21.4m $678k $497k $46.8m $1.4m $1.3m
Purchases of property and equipment, accrued but unpaid $436k $1.4m $1.9m $1.0m $857k $133k $2.3m $1.6m $692k $787k
Asset Acquisition Contingent Consideration Liability — — — — — — — $587k — —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — ($656k) $542k $1.2m $2.3m $2.6m $2.9m
Foreign Currency Transaction Gain (Loss), before Tax ($8k) — — — — — — — — —
General and Administrative Expense — — — — — $27.7m $33.9m $39.3m $40.5m $45.8m
Goodwill $26.3m $77.3m $111.4m $68.7m $74.0m $86.0m $86.0m $86.0m $94.7m $115.8m
Nonoperating Income (Expense) ($2.0m) ($4.6m) ($8.5m) — — — — — — —
Operating Expenses — — $64.4m — — — — — — —
Payments of Financing Costs $438k $1.4m $1.7m $1.5m $245k $878k $0 $250k — —
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax — — — $72.3m — — — — — —
Net Cash Provided by (Used in) Operating Activities ($2.0m) ($36k) ($7.1m) ($450k) ($1.7m) $1.4m $13.7m $18.9m $9.4m $22.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $436k $1.4m $1.9m $1.0m $857k $133k $2.3m $1.6m $692k $787k
Payments to Acquire Businesses, Net of Cash Acquired $12.0m $45.4m $67.0m $7.4m $13.1m $763k — — — $37.5m
Net Cash Provided by (Used in) Investing Activities ($18.8m) ($58.5m) ($107.2m) $96.9m ($201.1m) ($37.0m) ($36.0m) ($29.5m) ($19.3m) ($86.7m)
Cash flows from financing activities:
Payments for Repurchase of Common Stock $5.0m $5.0m — $5.0m — — — — — —
Net Cash Provided by (Used in) Financing Activities $32.3m $73.5m $101.8m ($83.0m) $202.6m ($90.7m) ($12.4m) $24.2m ($22.0m) $83.5m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($12.3m) ($115k) $0 ($126.2m) ($34.7m) $13.6m ($31.9m) $19.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — ($12.3m) $13.4m ($249k) ($126.2m) ($34.7m) $13.6m ($31.9m) $19.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — ($12.3m) $28.8m $28.6m $198.7m $164.0m $177.6m $145.7m $164.7m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — $3.5m $7.8m $8.9m $1.0m $1.4m $3.4m $3.1m $0 $3.3m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.