← Boxlight Corp

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 From Continuing Operations — — — — — — ($3.7m) ($39.2m) ($28.3m) ($23.8m)
Net Income (Loss) Attributable to Parent ($2.1m) ($6.5m) ($7.2m) ($9.4m) ($16.2m) ($13.8m) ($3.7m) ($39.2m) ($28.3m) ($23.8m)
Net Income (Loss) Available to Common Stockholders, Basic — — — — ($16.5m) ($14.7m) ($5.0m) ($40.4m) ($29.6m) ($25.1m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($2.1m) ($6.5m) ($7.2m) ($9.4m) ($16.2m) ($13.8m) ($3.7m) — — —
Depreciation, Depletion and Amortization $7k $30k $107k $23k $45k $156k $9.1m $8.9m $20.5m $10.3m
Amortization of Debt Issuance Costs and Discounts — — — — — $2.1m $2.2m $2.3m $2.6m $2.7m
Amortization of Intangible Assets $346k $717k $786k $886k $2.5m $7.0m $8.6m $8.3m $19.9m $9.8m
Depreciation $7k $30k $107k $23k $45k $156k $484k $631k $678k $487k
Depreciation Amortization Depletion — — — — — — $9.1m $8.9m $20.5m $10.3m
Depreciation, Amortization and Accretion, Net $353k $747k $886k $909k $2.6m $7.2m $9.1m $8.9m $20.5m $10.3m
Deferred Income Tax Expense (Benefit) — — — — ($1.5m) $526k ($3.0m) ($671k) ($2.8m) ($2.4m)
Deferred Income Tax — — — — — — ($3.8m) ($347k) ($3.4m) ($2.4m)
Deferred Tax — — — — — — ($3.8m) ($347k) ($3.4m) ($2.4m)
Share-based Payment Arrangement, Noncash Expense $464k $4.3m $2.0m $1.1m $1.6m $4.1m $3.3m $3.1m $1.4m $269k
Share-based Payment Arrangement, Expense — $499k — $700k $1.8m — $2.0m — — —
Goodwill, Impairment Loss — — — — — $0 $0 $25.2m $0 —
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — — $0 — —
Asset Impairment Charge — — — — — — $266k $25.2m $213k $23k
Gain (Loss) on Disposition of Assets — — — — — — — — ($156k) $0
Gain (Loss) on Disposition of Other Assets — ($7k) — — — — — — — —
Gain (Loss) on Extinguishment of Debt — $276k $165k $118k ($1.4m) — — — — —
Income Tax Expense (Benefit) — — — — ($832k) $3.3m $49k $1.9m ($1.9m) ($920k)
Operating Lease, Expense — — — — — — $2.1m — — —
Other Nonoperating Income (Expense) ($776k) $702k $68k $88k $129k ($20k) ($267k) ($417k) ($727k) $1.1m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $909k $465k $73k ($142k) $212k $6.4m $3.8m ($781k) ($14.0m) ($3.4m)
Increase (Decrease) in Inventories ($2.7m) $597k ($836k) ($1.3m) ($795k) $21.0m $10.3m ($13.1m) $145k ($8.1m)
Foreign Currency Transaction Gain (Loss), before Tax ($13k) ($35k) ($59k) — $5.2m ($1.5m) ($4.6m) — — —
General and Administrative Expense $7.7m $13.2m $15.0m $15.8m $21.2m $47.3m $59.3m $61.3m $62.3m $35.5m
Goodwill $4.2m $4.2m $4.7m $4.7m $22.7m $26.0m $25.1m $0 $0 —
Inventory Write-down $327k $84k $106k $74k — $624k $1.2m — — —
Nonoperating Income (Expense) — — ($181k) ($1.3m) ($4.3m) ($7.9m) ($6.7m) ($11.0m) ($10.8m) ($8.4m)
Operating Expenses $8.7m $13.7m $15.6m $17.0m $22.6m $49.1m $61.8m $89.6m $66.4m $50.0m
Proceeds from Stock Options Exercised — $29 $3 — — — — — — —
Beginning Cash Position — — — — — — $17.9m $14.6m $17.3m $8.0m
Cash Flow From Continuing Financing Activities — — — — — — ($5.1m) ($8.0m) ($7.1m) $3.4m
Cash Flow From Continuing Investing Activities — — — — — — ($1.2m) ($1.3m) ($506k) ($102k)
Change In Inventory — — — — — — ($10.3m) $13.1m ($145k) $8.1m
Change In Other Current Assets — — — — — — ($161k) ($498k) $111k $70k
Change In Other Current Liabilities — — — — — — ($56k) $1.1m $2.0m ($870k)
Change In Other Working Capital — — — — — — $4.0m $290k ($633k) ($1.2m)
Change In Payables And Accrued Expense — — — — — — $5.8m ($4.8m) ($8.5m) $1.3m
Change In Prepaid Assets — — — — — — $1.6m ($1.9m) ($861k) $2.2m
Change In Receivables — — — — — — ($3.8m) $763k $14.0m $3.4m
Change In Working Capital — — — — — — ($3.0m) $8.0m $6.0m $13.0m
Changes In Account Receivables — — — — — — ($3.8m) $763k $14.0m $3.4m
Changes In Cash — — — — — — ($5.1m) $2.2m ($8.1m) ($44k)
End Cash Position — — — — — — $14.6m $17.3m $8.0m $9.4m
Financing Cash Flow — — — — — — ($5.1m) ($8.0m) ($7.1m) $3.4m
Free Cash Flow — — — — — — $84k $10.3m ($945k) ($3.4m)
Gain Loss On Investment Securities — — — — — — ($2.6m) ($267k) ($205k) ($601k)
Investing Cash Flow — — — — — — ($1.2m) ($1.3m) ($506k) ($102k)
Issuance Of Capital Stock — — — — — — $4.8m $0 $0 $6.4m
Net PPE Purchase And Sale — — — — — — ($1.1m) ($1.3m) ($506k) ($102k)
Operating Gains Losses — — — — — — ($2.6m) ($267k) ($49k) ($601k)
Other Non Cash Items — — — — — — $1.3m $2.6m $2.8m $2.5m
Proceeds From Stock Option Exercised — — — — — — $0 $13k $0 $1.9m
Provisionand Write Offof Assets — — — — — — $248k $3.6m $450k ($2.6m)
Purchase Of PPE — — — — — — ($1.1m) ($1.3m) ($506k) ($102k)
Stock Based Compensation — — — — — — $3.3m $3.1m $1.4m $269k
Derivative, Gain (Loss) on Derivative, Net — $861k $427k $245k ($216k) $13k $2.6m $267k $205k —
Net Cash Provided by (Used in) Operating Activities $2.4m ($1.3m) ($3.8m) ($4.3m) ($4.7m) ($2.3m) $1.2m $11.6m ($439k) ($3.3m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — — — — — — ($1.1m) ($1.3m) ($506k) $102k
Payments to Acquire Businesses, Net of Cash Acquired — — — — — $33.6m — — — —
Net Other Investing Changes — — — — — ($33.7m) ($100k) — — —
Net Cash Provided by (Used in) Investing Activities $367k ($10k) $900k $7k $45.3m ($34.0m) ($1.2m) ($1.3m) ($506k) ($102k)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — — — $58.5m $2.5m $0 — —
Issuance Of Debt — — — — — — $2.5m $3.0m $4.0m $2.5m
Long Term Debt Issuance — — — — — $58.5m $2.5m $0 — —
Net Issuance Payments Of Debt — — — — — — ($8.6m) ($6.8m) ($5.9m) ($5.6m)
Net Long Term Debt Issuance — — — — — — ($8.6m) ($6.8m) ($5.6m) ($5.6m)
Net Short Term Debt Issuance — — — — — — $0 $0 ($249k) $0
Short Term Debt Issuance — — — — — — $0 $3.0m $4.0m $2.5m
Repayments of Long-term Debt — — — — — — — $6.8m $5.6m $5.6m
Long Term Debt Payments — — — — — — ($11.1m) ($6.8m) ($5.6m) ($5.6m)
Repayment Of Debt — — — — — — ($11.1m) ($9.8m) ($9.9m) ($8.1m)
Short Term Debt Payments — — — — — — $0 ($3.0m) ($4.2m) ($2.5m)
Proceeds from Issuance of Common Stock $1.2m $5.7m $420k — $42.7m $428k $84k $0 $0 $6.4m
Common Stock Issuance — — — — — — $4.8m $0 $0 $6.4m
Net Common Stock Issuance — — — — — — $4.8m $0 $0 $6.4m
Cash Dividends Paid — — — — — — ($1.3m) ($1.3m) ($1.3m) $0
Preferred Stock Dividend Paid — — — — — — ($1.3m) ($1.3m) ($1.3m) $0
Net Other Financing Charges — — — — — ($3.8m) — — — $658k
Net Cash Provided by (Used in) Financing Activities ($3.3m) $2.9m $1.8m $4.5m $65.6m $41.1m ($5.1m) ($8.0m) ($7.1m) $3.4m
Effect Of Exchange Rate Changes — — — — — — $1.8m $413k ($1.2m) $1.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($538k) $1.6m ($1.1m) $272k $12.3m $4.5m ($3.3m) $2.7m ($9.2m) $1.4m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — — $17.3m $8.0m $9.4m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($3.3m) $2.7m ($9.2m) $1.4m
Interest Paid, Excluding Capitalized Interest, Operating Activities — $518k $809k $1.8m $2.3m $1.5m $8.3m $8.3m $7.2m $6.5m
Income Taxes Paid, Net — — — — $542k $1.5m $1.6m $2.7m $3.2m $1.4m

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