← Alphatec Holdings, 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 ($29.9m) ($2.3m) ($29.0m) ($57.0m) ($79.0m) ($144.3m) ($152.1m) ($186.6m) ($162.1m) ($143.4m)
Net Income (Loss) Available to Common Stockholders, Basic — — ($42.5m) ($57.0m) ($79.0m) ($144.3m) ($152.1m) ($186.6m) ($162.1m) ($143.4m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — ($79.0m) ($144.3m) ($152.1m) ($186.6m) ($162.1m) ($143.4m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($26.3m) ($4.5m) ($28.8m) ($56.9m) ($79.0m) — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($3.6m) $2.2m ($167k) ($100k) — — — — — —
Depreciation, Depletion and Amortization $12.4m $7.5m $6.8m $7.6m $10.9m $26.8m $41.2m $56.1m $78.4m $77.5m
Depreciation $7.4m $6.6m $6.0m $6.8m $9.2m $20.3m $31.0m $40.9m $62.1m $60.4m
Amortization $1.6m $900k $800k $700k $1.8m $6.4m $10.2m $15.2m $16.4m $17.1m
Amortization of Debt Issuance Costs and Discounts $3.6m $2.8m $2.1m $3.7m $4.0m $1.9m $2.0m $3.6m $4.5m $22.5m
Amortization of Intangible Assets $934k $688k $738k $698k $688k $5.3m $10.1m $14.3m $16.3m $15.1m
Deferred Income Tax Expense (Benefit) ($4.7m) ($36k) ($1.4m) ($446k) $10k ($191k) $743k ($830k) ($586k) ($588k)
Share-based Payment Arrangement, Noncash Expense $1.6m $3.9m $5.3m $11.0m $17.7m $36.5m $40.6m $81.2m $73.3m $73.7m
Share-based Payment Arrangement, Expense $1.6m $3.9m $5.3m $11.0m $17.7m $36.5m $40.6m $81.2m $73.3m $73.7m
Goodwill and Intangible Asset Impairment $1.7m — $0 $0 $0 — — — — —
Goodwill, Impairment Loss $0 — — — — $0 $0 $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) $1.7m — — — — $0 $0 $0 $0 $0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property — — — — — ($2.0m) ($2.6m) ($3.7m) ($3.1m) ($2.5m)
Gain (Loss) on Disposition of Assets — $856k — — — — — — — —
Gain (Loss) on Extinguishment of Debt ($9.5m) — ($590k) — ($7.6m) ($7.4m) — $0 $0 ($17.6m)
Income Tax Expense (Benefit) ($4.6m) ($34k) ($1.4m) ($239k) $145k $164k $140k ($277k) $50k ($45k)
Operating Lease, Expense — — — — — $4.5m $4.6m $5.0m $7.4m $7.6m
Other Nonoperating Income (Expense) ($715k) ($133k) — ($9.9m) — ($1.6m) $471k $3.1m ($1.0m) $1.6m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($8.0m) ($4.2m) $396k $1.3m $7.5m $10.1m $18.8m $12.8m $14.6m $21.9m
Increase (Decrease) in Inventories $5.7m ($258k) $6.0m $14.7m $18.2m $27.7m $20.7m $45.6m $54.7m $6.3m
Increase (Decrease) in Accounts Payable ($4.9m) ($2.6m) $16k $6.0m $7.1m $757k $9.8m $7.0m $9.7m ($11.2m)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $7.9m $856k — — — — — — — —
Foreign Currency Transaction Gain (Loss), Realized ($400k) — — — — — — — — —
Gain (Loss) on Sale of Derivatives — ($281k) ($130k) ($127k) ($498k) — — — — —
Gain (Loss) Related to Litigation Settlement — — $6.2m — — — — — — —
General and Administrative Expense $26.3m $23.2m — — — — — — — —
Goodwill $0 — $13.9m $13.9m $13.9m $39.7m $39.8m $73.0m $71.0m $75.2m
Inventory Write-down $5.7m $2.5m — $8.6m $7.0m $11.1m $9.8m $13.6m $15.4m $13.5m
Investment Income, Interest $3k — — — — — — — — —
Nonoperating Income (Expense) ($15.6m) $4.4m ($7.7m) ($9.9m) — — — — — —
Operating Expenses $91.5m $71.3m $85.7m $124.9m $161.4m $285.8m $380.0m $483.6m $560.4m $614.0m
Revenue from Contract with Customer, Including Assessed Tax — — $91.7m $113.4m $144.9m $243.2m $350.9m $482.3m $611.6m $764.2m
Stock or Unit Option Plan Expense $200k $100k — — — — — — — —
Derivative, Gain (Loss) on Derivative, Net — — — — — — — — — $620k
Net Cash Provided by (Used in) Operating Activities ($10.0m) ($8.7m) ($25.6m) ($33.1m) ($46.4m) ($73.4m) ($75.1m) ($78.5m) ($44.7m) $45.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $8.9m $7.6m $6.5m $13.0m $23.1m $68.5m $49.5m $80.5m $83.2m $42.5m
Payments to Acquire Businesses, Net of Cash Acquired — — $15.1m — — $62.1m — $55.0m — $0
Payments to Acquire Investments — — — — — $3.0m — — — —
Payments for (Proceeds from) Other Investing Activities — — — — — — — — — $770k
Net Cash Provided by (Used in) Investing Activities $62.0m ($6.5m) ($21.7m) ($13.0m) ($23.9m) ($157.8m) ($58.3m) ($142.0m) ($93.1m) ($53.4m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $114k — $51.9m $2.0m $3.3m $131.8m — $213.2m $0 $0
Payments for Repurchase of Common Stock — — — — — $25.0m — — — —
Proceeds from (Payments for) Other Financing Activities — — — — — ($2.2m) $584k ($1.5m) ($1.9m) ($2.1m)
Net Cash Provided by (Used in) Financing Activities ($43.4m) $17.8m $53.9m $64.2m $130.8m $312.0m $31.2m $356.9m $56.2m $30.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($85k) $244k ($20k) $18.1m $60.7m $79.5m ($102.6m) $136.3m ($82.1m) $22.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $47.1m $107.8m $187.2m $84.7m $221.0m $138.8m $160.8m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $7.4m $4.7m $5.1m $6.0m $6.3m $5.0m $3.9m $17.3m $20.3m $23.8m

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