← Bandwidth 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 $22.4m $6.0m $17.9m $2.5m ($44.0m) ($27.4m) $19.6m ($16.3m) ($6.5m) ($12.9m)
Net Income (Loss) Available to Common Stockholders, Basic $19.4m $5.3m $17.9m $2.5m — — $19.6m ($16.3m) ($6.5m) ($12.9m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $25.4m $6.0m $17.9m $2.5m — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($3.1m) $0 $0 — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent ($3.1m) $0 $0 — — — — — — —
Amortization of Debt Issuance Costs $52k $376k $64k $177k $14.6m $26.8m $3.1m $2.5m $1.7m $1.4m
Amortization of Debt Issuance Costs and Discounts — — $64k $177k $15.6m $26.8m $3.1m $2.5m $1.7m $1.4m
Amortization of Intangible Assets $891k $839k $554k $520k $3.7m $19.1m $17.2m $17.3m $17.5m $18.1m
Capitalized Computer Software, Amortization $2.8m $2.1m $1.8m $2.0m $2.0m $1.8m $2.2m $3.2m $4.2m $6.9m
Depreciation $5.3m $4.9m $5.3m $9.0m $13.1m $17.5m $18.4m $24.4m $31.7m $35.7m
Deferred Income Tax Expense (Benefit) ($11.1m) $6.2m ($10.8m) ($17.5m) $14.3m ($8.3m) ($6.6m) ($7.1m) ($5.4m) ($5.1m)
Share-based Payment Arrangement, Noncash Expense $1.4m $1.8m $3.3m $6.6m $9.9m $14.5m $20.7m $37.0m $48.4m $52.3m
Payment, Tax Withholding, Share-based Payment Arrangement — — — $1.4m $1.8m $4.0m $2.1m $1.1m $2.3m $2.9m
Share-based Payment Arrangement, Expense $1.4m $1.8m $3.3m $6.6m $9.9m $14.5m $20.7m $37.0m $48.4m $52.3m
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Impairment of Intangible Assets, Finite-lived $695k $0 $0 — — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $0 $0 $0 — — — — — —
Gain (Loss) on Extinguishment of Debt — — — — $0 $0 $40.2m $12.8m $10.3m $1.1m
Gain (Loss) on Disposition of Intangible Assets — — — — — — — — $1.0m $0
Gain (Loss) on Disposition of Property Plant Equipment ($19k) ($91k) ($191k) ($456k) ($334k) ($832k) ($41.7m) ($9.3m) ($14.0m) ($22.3m)
Income Tax Expense (Benefit) ($11.1m) $6.9m ($10.9m) ($17.7m) $15.0m ($3.8m) ($2.3m) ($3.0m) ($2.4m) ($3.7m)
Other Nonoperating Income (Expense) — — $301k $2.5m ($15.5m) ($29.0m) $4.5m $195k $2.7m ($1.3m)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $4.0m $4.4m $2.8m $6.2m $18.8m $6.7m $13.3m $3.5m $8.7m $4.0m
Increase (Decrease) in Accounts Payable $243k ($2.4m) ($169k) $1.1m $315k $2.0m $17.2m $5.4m ($4.6m) $13.1m
Accounts Receivable, Credit Loss Expense (Reversal) — — — — $1.3m $913k $543k $733k $3.0m $1.3m
Proceeds from Stock Options Exercised — $174k $11.0m $7.4m $4.1m $926k $163k $413k $167k $109k
Purchases of property and equipment, accrued but unpaid $3.8m $5.0m $12.4m $22.2m $12.3m $3.8m $1.7m $6.9m $11.4m $6.6m
Foreign Currency Transaction Gain (Loss), before Tax — — — $9k $32k $100k $200k — — —
General and Administrative Expense $33.9m $37.1m $47.6m $58.8m $88.8m $113.8m $68.0m $65.4m $71.7m $75.2m
Goodwill $6.9m $6.9m $6.9m $6.9m $372.2m $344.4m $326.4m $335.9m $317.2m $356.8m
Investment Income, Interest — — — $6k $0 $100k $1.2m $2.0m $1.0m $300k
Marketable Securities, Unrealized Gain (Loss) — — ($1k) $1k — — $314k ($248k) ($61k) $24k
Nonoperating Income (Expense) — — — — — — $41.6m $16.2m $11.1m ($2.2m)
Operating Expenses $51.7m $59.1m $89.2m $125.3m $171.4m $220.8m $262.7m $271.6m $300.0m $309.4m
Net Cash Provided by (Used in) Operating Activities $5.2m $14.6m $24.6m ($1.3m) $4.5m $40.8m $34.9m $39.0m $83.9m $89.5m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $3.8m $5.0m $12.4m $22.2m $12.3m $20.7m $41.7m $9.3m $14.0m $22.3m
Payments to Acquire Businesses, Net of Cash Acquired — — — — — $0 $0 — — —
Gain (Loss) on Sale of Investments — — — $4k $0 $0 — — — —
Net Cash Provided by (Used in) Investing Activities ($7.4m) ($8.0m) ($31.7m) ($7.7m) ($455.1m) $2.8m ($133.4m) $30.8m ($1.4m) ($39.1m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $0 $0 $18.0m $69.0m $0 $0 $74.3m $91.8m $53.5m $9.7m
Proceeds from Issuance of Common Stock $974k $174k $11.0m $147.4m $0 $0 — — — —
Net Cash Provided by (Used in) Financing Activities — $24.2m $10.7m $152.4m $346.9m $207.0m ($120.0m) ($52.8m) ($131.3m) ($29.1m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $0 $0 ($9k) $109k $189k $881k $610k ($1.2m) ($440k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — $0 $3.6m $143.5m ($103.6m) $250.9m ($217.7m) $17.7m ($50.1m) $20.9m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $0 $41.5m $185.0m $81.4m $332.3m $114.6m $132.3m $82.2m $103.2m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.3m $1.5m $107k $341k $579k $1.5m $18k ($1.5m) $691k ($182k)
Income Taxes Paid, Net $6k $855k $155k ($178k) $454k $2.0m $3.9m $7.2m $3.8m ($55k)

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