← HEALTHSTREAM 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 $3.8m $10.0m $32.2m $15.8m $14.1m $5.8m $12.1m $15.2m $20.0m $18.3m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — $32.2m $15.8m $14.1m — — — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — $5.8m — — — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $13.3m $14.2m $14.1m — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — $19.0m $1.6m — $0 — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — $0 — — — —
Depreciation, Depletion and Amortization $22.2m $26.3m $24.2m $27.9m $30.2m $36.8m $37.9m $41.1m $41.2m $43.5m
Amortization of Intangible Assets $7.8m $9.5m $9k $9.6m $10.5m $14.9m $14.5m $15k $13.4m $13.7m
Capitalized Computer Software, Amortization $7.7m $10.1m $9.6m $11.0m $12.7m $15.6m $18.9m $22.0m $24.1m $25.9m
Depreciation $6.8m $6.6m $5.5m $7.3m $6.9m $6.3m $4.5m $4.2m $3.8m $3.9m
Deferred Income Tax Expense (Benefit) $1.8m ($2.0m) $3.0m $2.2m $4.3m $1.5m $710k ($1.7m) ($1.1m) $5.1m
Share-based Payment Arrangement, Noncash Expense — $1.9m $1.8m $4.2m $2.2m $5.3m $3.6m $4.2m $4.5m $8.1m
Payment, Tax Withholding, Share-based Payment Arrangement $316k $412k $338k $1.0m $435k $1.2m $565k $934k $1.1m $2.5m
Share-based Payment Arrangement, Expense $2.0m $1.9m $1.8m $4.2m $2.2m $5.3m $3.6m $4.2m $4.5m $8.1m
Goodwill, Impairment Loss — $0 $0 $0 $0 — — — — —
Impairment of Intangible Assets, Finite-lived $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Share-based Payment Arrangement, Expensed and Capitalized, Amount — — — — — $200k — — — —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property — ($97k) — — — ($21k) $25k $0 $0 —
Income (Loss) from Equity Method Investments $121k ($5k) $42k $64k ($51k) ($462k) ($747k) ($384k) ($230k) ($190k)
Income Tax Expense (Benefit) $2.4m $529k $3.3m $3.7m $3.7m $1.9m $3.5m $3.3m $4.8m $4.9m
Other Nonoperating Income (Expense) $581k $733k $1.1m $3.2m $2.0m — — — ($318k) ($358k)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Payable ($1.3m) $2.3m — — — — — — — —
Accounts Receivable, Credit Loss Expense (Reversal) $640k $1.8m $1.0m $211k $274k $723k $385k $1.0m $2.6m $1.0m
Proceeds from Stock Options Exercised $145k $413k $2.6m $214k — $0 — — — —
Purchases of property and equipment, accrued but unpaid $5.1m $6.0m $7.2m $22.0m $2.0m $3.4m $1.8m $2.2m $1.4m $3.7m
Goodwill $109.8m $110.3m $86.1m $102.2m $178.4m $182.5m $192.4m $191.4m $191.2m $217.5m
Nonoperating Income (Expense) — — — — — ($289k) $3.1m $2.5m — —
Net Cash Provided by (Used in) Operating Activities $24.2m $46.7m $43.2m $65.7m $35.9m $42.4m $51.2m $64.0m $57.7m $63.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.1m $6.0m $7.2m $22.0m $2.0m $3.4m $1.8m $2.2m $1.4m $3.7m
Payments to Acquire Businesses, Net of Cash Acquired $55.3m — — $27.0m $121.3m $4.7m $4.0m $6.6m $1.3m $35.1m
Net Cash Provided by (Used in) Investing Activities ($56.7m) ($11.6m) $36.6m ($67.5m) ($110.4m) ($25.7m) ($28.4m) ($56.6m) ($34.0m) ($50.4m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $119.4m $90.1m $69.0m $80.6m $77.1m $9.9m $10.6m $28.2m $69.2m $52.1m
Payments for Repurchase of Common Stock — — — — $20.0m $5.0m $23.1m $8.9m $0 $30.0m
Payments of Ordinary Dividends, Common Stock — — $32.4m $58k $40k $19k $0 $3.1m $3.4m $3.7m
Payments of Dividends — — — — — — — — $3.4m $3.7m
Net Cash Provided by (Used in) Financing Activities $46k $1k ($30.3m) ($916k) ($20.5m) ($6.2m) ($23.7m) ($13.0m) ($4.5m) ($36.3m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $0 $58k ($114k) $21k ($23k) ($36k) ($7k)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($2.8m) ($95.0m) $10.3m ($882k) ($5.7m) $19.1m ($23.3m)
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $76k $101k $117k $101k $96k $132k $99k $132k $101k $101k
Income Taxes Paid, Net $2.5m $638k $16.5m $630k $877k ($92k) $718k $2.6m $8.7m $1.8m

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