Fluent, 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 ($29.1m) ($53.2m) ($17.9m) ($1.7m) $2.2m ($10.1m) ($123.3m) ($63.2m) ($29.3m) ($27.2m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($29.1m) ($53.2m) $3.2m ($1.7m)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 $0 ($21.1m)
Depreciation, Depletion and Amortization $12.6m $14.2m $13.2m $13.9m $15.3m $13.2m $13.2m $10.9m $9.9m $9.8m
Amortization of Intangible Assets $12.1m $13.4m $12.7m $13.2m $14.5m $12.4m $12.7m $10.5m $9.6m $9.5m
Depreciation $547k $753k $490k $743k $771k $780k $491k $398k $300k $269k
Deferred Income Tax Expense (Benefit) $35k $120k $198k ($225k) ($145k) ($276k) $140k
Share-based Payment Arrangement, Noncash Expense $29.2m $34.0m $14.7m $5.4m $4.8m $4.1m $3.8m $2.0m $2.2m
Payment, Tax Withholding, Share-based Payment Arrangement $1.2m $743k $2.0m $3.1m $515k $724k $448k $236k $0
Share-based Payment Arrangement, Expense $29.2m $34.0m $30.4m $10.3m $5.4m $4.8m $4.0m $3.8m $2.0m $2.1m
Goodwill, Impairment Loss $0 $0 $817k $0 $111.1m $55.4m $1.3m $0
Impairment of Intangible Assets (Excluding Goodwill) $4.1m $980k $774k
Impairment of Intangible Assets, Finite-lived $0 $0 $0 $0 $0 $0 $0 $0
Share-based Payment Arrangement, Expensed and Capitalized, Amount $30.4m $35.3m $31.0m $5.6m $4.9m $4.1m $3.9m $2.0m $2.1m
Gain (Loss) on Disposition of Property Plant Equipment ($19k) $0
Gain (Loss) on Extinguishment of Debt ($3.0m) $0 ($1.0m) ($3.8m)
Income Tax Expense (Benefit) ($14.0m) $46k $74k $822k $246k $1.8m ($116k) ($1.8m) ($2k)
Interest Expense Nonoperating $4.7m ($3.1m)
Other Nonoperating Income (Expense) ($1.5m) ($1.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $5.8m $9.0m $12.8m $7.0m $2.0m $7.7m ($6.6m) ($6.5m) ($9.5m) $256k
Increase (Decrease) in Accounts Payable $249k $6.0m ($13.9m) $8.4m ($9.9m) $4.8m ($2.2m) ($1.6m)
General and Administrative Expense $54.1m $77.0m $36.0m $48.1m $46.8m $48.2m $53.5m $35.3m $37.7m $34.7m
Goodwill $166.3m $166.3m $159.8m $164.8m $165.1m $165.1m $55.1m $1.3m $0 $0
Nonoperating Income (Expense) ($9.1m) ($10.7m)
Operating Expenses $87.1m
Payments of Financing Costs $204k $0
Proceeds from Stock Options Exercised $934k $0
Restructuring Costs $7.7m
Net Cash Provided by (Used in) Operating Activities $2.1m $2.4m $23.5m $26.0m $20.3m $12.4m $2.0m $8.1m ($14.1m) ($1.5m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $762k $1.2m $238k $2.1m $64k $36k $17k $25k $13k $69k
Payments to Acquire Businesses, Net of Cash Acquired $50k $7.2m $1.4m $0 $1.0m $1.2m $0
Net Cash Provided by (Used in) Investing Activities ($12.0m) ($8.1m) ($22.6m) ($12.0m) ($4.3m) ($3.0m) ($5.4m) ($7.1m) ($6.2m) ($6.4m)
Cash flows from financing activities:
Repayments of Long-term Debt $2.2m $4.3m $76.8m $8.0m $11.8m $46.7m $5.0m $10.0m $68.2m $109.7m
Proceeds from Issuance of Common Stock $10.1m $13.4m $136k $0
Payments for Repurchase of Common Stock $9k $1.8m $1.3m $0
Net Cash Provided by (Used in) Financing Activities $6.6m $12.3m $1.8m ($13.2m) ($13.6m) $2.5m ($5.4m) ($10.8m) $15.2m $10.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $910k $2.4m $11.9m ($8.9m) ($9.7m) ($5.1m) $3.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $19.2m $20.2m $22.6m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $6.4m $5.4m $3.8m $1.7m $1.8m $3.0m $3.6m $2.6m
Income Taxes Paid, Net $87k $0 $135k $843k $356k $1.0m ($272k) ($323k) ($69k)