← GEOSPACE TECHNOLOGIES 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 (Loss) Attributable to Parent ($46.0m) ($56.8m) ($19.2m) ($146k) ($19.2m) ($14.1m) ($22.9m) $12.2m ($6.6m) ($9.7m)
Net Income (Loss) Available to Common Stockholders, Basic ($46.0m) ($56.8m) ($19.2m) — — — — — — —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — ($146k) ($19.2m) ($14.1m) ($22.9m) — — —
Depreciation and amortization — — — $19.3m $23.7m $20.8m $19.6m $16.2m $14.8m $10.1m
Amortization of Intangible Assets — — $194k $1.7m $1.7m $1.7m $1.7m $768k $395k $218k
Depreciation $5.4m $5.2m $4.0m $4.0m $4.0m $4.0m $4.1m $3.7m $3.5m $3.8m
Depreciation, Nonproduction — — — — — — — $11.8m $10.9m $6.2m
Deferred Income Tax Expense (Benefit) $4.2m ($25k) ($18k) $16k $181k $3k ($17k) ($3k) $18k ($31k)
Share-based Payment Arrangement, Noncash Expense $5.2m $5.7m $2.3m $2.3m $2.3m $2.0m $1.7m $1.4m $1.3m $1.5m
Share-based Payment Arrangement, Expense $5.2m $5.7m $2.3m $2.3m $2.3m $2.0m $1.7m $1.4m $1.3m $1.5m
Goodwill, Impairment Loss — — — $0 $671k — $4.3m $0 — —
Impairment of Intangible Assets, Finite-lived — — — $0 — — $401k $0 $2.8m $0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($8k) — $27k $100k $116k $16k $54k ($244k) $16k $8.7m
Gain (Loss) on Disposition of Assets — — — — — — — — — $4.7m
Gain (Loss) on Disposition of Property Plant Equipment $8k — $202k $7.0m $204k $16k $54k $4.4m $16k ($4.7m)
Income Tax Expense (Benefit) ($9.4m) $2.7m ($580k) $2.4m $2.6m $578k $173k $363k $114k $388k
Interest Expense Nonoperating — — — — — — — — $187k $169k
Operating Lease, Lease Income — — — — — — $25.1m — — —
Other Nonoperating Income (Expense) ($60k) ($60k) ($120k) ($212k) ($109k) — ($39k) ($158k) ($143k) ($145k)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — — — — $1.1m ($1.1m) — — —
Increase (Decrease) in Inventories ($5.2m) ($3.0m) $7.8m $1.9m ($5k) $7.7m $2.4m $11.0m $11.0m $7.6m
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — $2.0m ($22k) $0 — —
Debt Securities, Realized Gain (Loss) — — — — — ($4k) ($22k) $0 $0 $9k
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $8k — $202k — $204k $16k $54k $4.4m ($14.5m) $0
Equipment Expense $14.5m $12.5m $10.2m $13.7m $17.9m $15.1m $13.7m $11.8m $10.8m $6.2m
Foreign Currency Transaction Gain (Loss), before Tax ($113k) ($339k) $324k $241k $491k ($41k) ($397k) $994k ($270k) ($275k)
Goodwill — — $4.3m $5.0m $4.3m $5.1m $736k $736k $736k $1.3m
Inventory Write-down $622k — — — — — — $2.2m $589k $3.1m
Investment Income, Interest $376k $653k $1.1m $1.3m $1.1m $1.4m $976k $539k $1.6m $2.5m
Nonoperating Income (Expense) $177k $215k $951k $1.2m $1.4m $3.4m $453k $1.2m ($13.6m) $1.9m
Operating Expenses $36.1m $33.6m $31.7m — — — — $41.7m $45.5m $48.8m
Proceeds from Stock Options Exercised — $50k $63k $215k — — — — — —
Provision for Loan, Lease, and Other Losses — — — — — — — — $65k $69k
Realized Investment Gains (Losses) ($5k) ($3k) ($11k) ($66k) — — — — — $9k
Net Cash Provided by (Used in) Operating Activities ($1.7m) $10.1m ($10.4m) $5.6m $18.1m ($7.2m) ($10.0m) $15.6m ($9.1m) ($22.2m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.9m $1.2m $1.7m $1.9m $2.9m $3.2m $1.1m $4.0m $3.9m $8.0m
Payments to Acquire Businesses, Net of Cash Acquired — — $4.4m $1.8m — $1.3m — — — —
Net Cash Provided by (Used in) Investing Activities ($10.2m) ($5.5m) $7.8m $1.6m ($4.0m) ($3.3m) $14.1m ($11.9m) $3.8m $42.7m
Cash flows from financing activities:
Payments for Repurchase of Common Stock — — — — — $6.8m $695k $0 $6.4m $615k
Net Cash Provided by (Used in) Financing Activities — $50k $63k $215k ($78k) ($8.2m) ($1.7m) ($525k) ($6.4m) ($1.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($12.1m) $4.8m ($3.2m) $7.0m $13.8m ($18.6m) $2.0m $2.7m ($11.9m) $19.4m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $26k $39k $336k $99k $38k — — — — —
Income Taxes Paid, Net — — — $2.4m $2.5m $551k $169k $151k $164k $409k

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