← IMMERSION CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $30.7m $34.0m $93.6m $9.2m
Net Income (Loss) Attributable to Parent ($39.4m) ($45.3m) $54.3m ($20.0m) $5.4m $12.5m $30.7m $34.0m $64.3m $4.5m
Net Income (Loss) Available to Common Stockholders, Basic ($39.4m) ($45.3m) $54.3m ($20.0m) $5.4m $12.5m $30.7m $34.0m $62.7m $4.5m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($40.0m) ($45.3m) $54.3m — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $649k $0 $0 — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $649k $0 $0 — — — — — — —
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — — — $29.3m $4.7m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — — — — — $93.6m $9.2m
Amortization of Intangible Assets $6k — — — — — — — — —
Depreciation $904k $968k $855k — $1.1m $100k $140k $67k $32.0m $38.7m
Depreciation Amortization Depletion — — — — — — $140k $67k $35.4m $42.6m
Depreciation and amortization expense — $968k $855k $2.2m $1.9m $762k — — $35.4m $42.6m
Depreciation, Depletion and Amortization — — — $2.2m $1.9m $762k $140k $67k $35.4m $42.6m
Deferred Income Tax — — — — — — ($5.1m) $3.5m $7.1m $5.3m
Deferred Income Tax Expense (Benefit) $24.3m $27k $58k $278k ($2.4m) ($585k) ($5.1m) $3.5m $813k $1.1m
Deferred Tax — — — — — — ($5.1m) $3.5m $7.1m $5.3m
Deferred income taxes $24.3m ($32k) $109k $431k ($2.5m) $531k ($5.1m) $3.5m $7.1m ($656k)
Asset Impairment Charge — — — — — $2.8m $672k — $1.2m $5.1m
Impairment loss — — — — $0 $2.2m $0 — $1.2m $5.1m
Marketable Securities, Gain (Loss), Excluding Other-than-temporary Impairment Loss — — — — — — — $12.2m $1.4m ($3.8m)
Operating Lease, Impairment Loss — — — $939k $271k $32k — — — —
Payment, Tax Withholding, Share-based Payment Arrangement — — — — — — $229k $1.2m $3.7m $2.3m
Share-based Payment Arrangement, Noncash Expense $6.1m $6.1m $8.7m $5.5m $4.8m $2.3m $3.4m $3.4m $6.0m $10.8m
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) — — — — — — — — — $0
Gain (Loss) on Disposition of Property Plant Equipment ($17k) ($1k) ($26k) — — — — — ($1.1m) ($2.3m)
Income Tax Expense (Benefit) $25.5m $480k $392k $471k ($2.2m) $4.8m ($3.7m) $8.9m $25.7m $16.8m
Interest Expense Nonoperating — — — — — — — — $14.3m $12.2m
Other Nonoperating Income (Expense) — $274k ($198k) $91k $668k ($1.7m) — — — —
Changes in operating assets and liabilities:
Changes in lease right-of-use assets and liabilities — — — — — — — — ($18.1m) $12.9m
Additional Financial Items
Noncash investing and financing activities:
Accounts Receivable, Credit Loss Expense (Reversal) $2k — — — — — — — — —
Accounts and other receivables ($171k) $576k ($245k) ($2.3m) $1.2m $248k $735k ($1.0m) $17.6m ($17.6m)
Accounts payable $5.3m $696k ($3.0m) ($2.8m) ($660k) ($148k) $84k ($41k) — —
Accrued compensation — ($620k) ($185k) ($1.1m) ($1.8m) ($446k) $1.5m $1.1m — —
Beginning Cash Position — — — — — — $51.5m $48.8m $85.5m $92.3m
Beginning of period — $24.6m $111.0m $86.5m $59.5m $51.5m $48.8m $56.1m $92.3m $158.1m
Cash Flow From Continuing Financing Activities — — — — — — ($13.4m) ($16.7m) $61.0m ($44.8m)
Cash Flow From Continuing Investing Activities — — — — — — ($29.4m) $3.4m $3.4m $51.5m
Change In Account Payable — — — — — ($148k) $84k ($41k) — —
Change In Accrued Expense — — — — — ($446k) $1.5m $1.1m — —
Change In Inventory — — — — — — — — $15.9m $619k
Change In Other Current Assets — — — — — — $1.2m $446k ($25.3m) $9.0m
Change In Other Current Liabilities — — — — — — ($1.7m) $2.4m ($4.2m) ($13.4m)
Change In Other Working Capital — — — — — — ($4.1m) ($4.8m) ($27.3m) $9.6m
Change In Payable — — — — — ($148k) $84k ($41k) — —
Change In Payables And Accrued Expense — — — — — — $1.6m $1.1m ($189.0m) $7.7m
Change In Prepaid Assets — — — — — — $9.3m ($2.4m) $5.1m ($7.0m)
Change In Receivables — — — — — — $735k ($1.0m) $17.6m ($17.6m)
Change In Working Capital — — — — — — $7.0m ($4.2m) ($207.2m) ($11.1m)
Changes In Cash — — — — — — ($2.7m) $7.3m $6.8m $65.8m
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — — — — $734k $300k $2.6m ($107k)
Deferred revenue $23.1m ($5.6m) $21.4m ($4.2m) ($4.1m) ($5.0m) ($4.1m) ($4.8m) ($9.2m) ($3.3m)
End Cash Position — — — — — — $48.8m $56.1m $92.3m $158.1m
Equity Securities, FV-NI, Realized Gain (Loss) — — — — — $2.1m ($4.1m) $1.9m $6.5m ($6.6m)
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — ($1.7m) ($4.5m) $10.0m ($7.7m) $3.0m
Financing Cash Flow — — — — — — ($13.4m) ($16.7m) $61.0m ($44.8m)
Foreign Currency Transaction Gain (Loss), before Tax — — — ($102k) — — — $43k — —
Foreign currency transaction (gains) losses — $0 $0 $102k — — $145k ($43k) — —
Free Cash Flow — — — — — — $40.1m $20.6m ($68.8m) $42.9m
Gain (Loss) on Investments — — — — — ($885k) ($3.1m) $16.8m $5.4m $5.7m
Gain (Loss) on Sale of Derivatives — — — — — ($1.5m) $5.5m $3.2m $10.2m $6.9m
Gain Loss On Investment Securities — — — — — — $3.1m ($16.8m) ($5.4m) ($5.7m)
Gain Loss On Sale Of PPE — — — — — — — — $1.1m $2.3m
General and Administrative Expense $44.2m $53.3m $41.8m $43.0m $18.1m $9.8m $11.4m $14.0m — —
Increase (Decrease) in Accounts Payable $5.3m $696k ($3.0m) ($2.8m) ($660k) ($148k) $84k ($41k) — —
Increase (Decrease) in Inventories — — — — — — — — — —
Investing Cash Flow — — — — — — ($29.4m) $3.4m $3.4m $51.5m
Issuance Of Capital Stock — — — — — $59.2m $5k — — —
Long-term deposits — — — ($6.9m) ($5.1m) $110k $5.2m ($1.9m) $61k $52k
Net Business Purchase And Sale — — — — — — — — ($31.4m) $0
Net Foreign Currency Exchange Gain Loss — — — — — $635k $145k ($43k) — —
Net PPE Purchase And Sale — — — — — ($335k) ($26k) — ($10.4m) ($16.2m)
Net gains on derivative instruments — — — — $0 $1.4m ($4.8m) ($4.6m) ($4.0m) ($9.4m)
Net gains on investment in marketable securities — — — — — — $7.9m ($12.2m) ($1.4m) —
Nonoperating Income (Expense) — — $1.6m — — — ($293k) — — —
Operating Expenses — — $57.9m — — — — $16.0m $313.7m $345.4m
Operating Gains Losses — — — — — — $3.2m ($16.8m) ($4.3m) ($3.3m)
Other Non Cash Items — — — — — — $695k $62k $1.3m $51k
Other assets ($275k) ($197k) ($7.2m) ($11.4m) $2.2m $3.0m $1.2m $446k ($25.3m) $9.0m
Other current liabilities — ($491k) ($702k) ($728k) ($1.3m) $2.2m ($1.8m) ($1.0m) ($7.8m) ($30k)
Other long-term liabilities ($87k) ($107k) ($131k) $3.7m ($1.4m) ($1.5m) $81k $3.5m $3.6m ($13.4m)
Other noncash — $1k $26k ($3k) $127k ($9k) $23k ($262k) $1.3m $51k
Payment for purchases of treasury stock ($729k) ($328k) $0 ($2.7m) ($30.6m) $0 ($13.2m) ($8.3m) ($2.4m) ($10k)
Payments for settlement of derivative instruments — — — — $0 ($14.0m) ($14.1m) ($13.0m) ($8.5m) ($12.6m)
Prepaid expenses and other current assets ($86k) $141k ($4.0m) ($4.4m) $1.5m ($823k) $4.1m ($500k) $5.0m ($7.0m)
Proceeds From Stock Option Exercised — — — — — $3.0m $0 $160k $0 —
Proceeds from Stock Options Exercised — $518k $8.0m $1.2m $577k $2.9m $0 $160k $0 —
Proceeds from sale of derivative instruments — — — — $0 $18.9m $16.3m $21.9m $16.9m $24.1m
Proceeds from stock options exercises $2.4m $518k $8.0m $1.2m $577k $2.9m $0 $160k $0 —
Purchase Of Business — — — — — — — — ($31.4m) $0
Purchase Of PPE $343k $125k $74k $150k $47k ($335k) ($30k) — ($11.2m) ($16.2m)
Purchases of property and equipment, accrued but unpaid $343k $125k $74k $150k $47k $335k $30k — $11.2m $16.2m
Repurchase Of Capital Stock — — — — — — ($13.2m) ($8.3m) ($2.4m) ($10k)
Restructuring Costs — $1.6m $0 $0 — — — — — —
Sale Of PPE — — — — — $0 $4k — $792k $0
Shares issued to an employee in lieu of cash compensation — — — — — $0 $157k $595k $1.6m $491k
Shares withheld to cover payroll taxes — — — — — $0 $229k ($1.2m) ($3.7m) ($2.3m)
Stock-based compensation $6.1m $6.1m $8.7m $5.5m $4.8m $2.3m $3.4m $3.4m $13.7m $11.3m
Unrealized Gain (Loss) on Derivatives — — — — — $103k ($662k) $1.4m ($6.2m) $2.5m
Goodwill — — — — — — — — — $69.2m
Payments of Financing Costs — — — — — — — — — $1.9m
Net losses (gains) on investment in marketable securities — — — — — — $7.9m ($12.2m) ($1.4m) $3.8m
Merchandise inventories — — — — — — — — $37.2m $1.2m
Textbook rental inventories — — — — — — — — ($21.3m) ($596k)
Accounts payable and accrued liabilities — — — — — — — — ($189.0m) $7.7m
Proceeds from borrowings — — — — — — — — $836.2m $812.9m
Repayment of borrowing — — — — — — — — ($834.3m) ($845.0m)
Payment of deferred financing costs — — — — — — — — $0 ($1.9m)
Payment of finance lease principal — — — — — — — — $0 ($365k)
Net Cash Provided by (Used in) Operating Activities $22.0m ($43.8m) $69.9m ($34.1m) $22k $17.4m $40.1m $20.6m ($57.6m) $59.1m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $343k $125k $74k $150k $47k $335k $30k — $11.2m ($16.2m)
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — — — $31.4m $0
Acquisition of business net of cash acquired — — — — — — — — ($31.4m) $0
Net Investment Purchase And Sale — — — — — — ($29.4m) $3.4m $45.2m $67.7m
Payments to Acquire Investments — — — — — — $151.3m $177.3m $102.0m $62.7m
Purchase Of Investment — — — — — — ($165.4m) ($190.3m) ($110.5m) ($75.4m)
Purchases of marketable securities and other investments — — — — — $109.4m $151.3m ($177.3m) ($102.0m) ($62.7m)
Proceeds from sale or maturities of marketable securities and other investments — — — — — $17.2m $119.7m $171.8m $138.9m $118.9m
Sale Of Investment — — — — — — $136.0m $193.7m $155.7m $143.1m
Other investing activities — — — — — — ($26k) $0 — —
Payments for (Proceeds from) Other Investing Activities — — — — — — — $0 — —
Net cash flows provided by (used in) investing activities $7.8m $11.1m $8.2m $10.9m $3.0m ($87.7m) ($29.4m) $3.4m $3.4m $51.5m
Net Cash Provided by (Used in) Investing Activities $7.8m $11.1m $8.2m $10.9m $3.0m ($87.7m) ($29.4m) $3.4m $3.4m $51.5m
Cash flows from financing activities:
Issuance Of Debt — — — — — — — — $836.2m $812.9m
Long Term Debt Issuance — — — — — — — — $836.2m $812.9m
Net Issuance Payments Of Debt — — — — — — — — $1.9m ($32.5m)
Net Long Term Debt Issuance — — — — — — — — $1.9m ($32.5m)
Proceeds from Issuance of Long-term Debt — — — — — — — — $836.2m $812.9m
Long Term Debt Payments — — — — — — — — ($834.3m) ($845.4m)
Repayment Of Debt — — — — — — — — ($834.3m) ($845.4m)
Repayments of Long-term Debt — — — — — — — — $834.3m $845.0m
Common Stock Issuance — — — — — $59.2m $5k — — —
Net Common Stock Issuance — — — — — — ($13.2m) ($8.3m) ($2.4m) ($10k)
Proceeds from Issuance of Common Stock — — — — — $59.2m $5k — — —
Proceeds from sale of Barnes & Noble Education common stock, net of commissions and issuance costs — — — — — — — — $78.1m $0
Common Stock Payments — — — — — — ($13.2m) ($8.3m) ($2.4m) ($10k)
Payments for Repurchase of Common Stock $729k $328k $0 $2.7m $30.6m $0 $13.2m $8.3m $2.4m $10k
Payments of Ordinary Dividends, Common Stock — — — — — — — $7 $13 $8
Cash Dividends Paid — — — — — — $0 ($7.4m) ($12.9m) ($8.1m)
Common Stock Dividend Paid — — — — — — $0 ($7.4m) ($12.9m) ($8.1m)
Dividend payments to stockholders — — — — — — $0 ($7.4m) ($12.9m) ($8.1m)
Dividends Payable, Current — — — — — — — $1 — —
Net Other Financing Charges — — — — — — ($173k) ($1.2m) $74.3m ($4.2m)
Other financing activities — — — — — — $56k $6k $0 —
Proceeds from (Payments for) Other Financing Activities — — — — — — — $6k $0 —
Net cash flows provided by (used in) financing activities $2.0m $518k $8.2m ($1.3m) ($29.9m) $62.2m ($13.4m) ($16.7m) $61.0m ($44.8m)
Net Cash Provided by (Used in) Financing Activities $2.0m $518k $8.2m ($1.3m) ($29.9m) $62.2m ($13.4m) ($16.7m) $61.0m ($44.8m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — ($24.5m) ($27.0m) — ($2.7m) $7.3m $6.8m $65.8m
Net increase (decrease) in cash, cash equivalents, and restricted cash — ($32.2m) $86.4m ($24.5m) ($27.0m) ($8.0m) ($2.7m) $7.3m $6.8m $65.8m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — $86.5m $59.5m $51.5m $48.8m $56.1m $92.3m $158.1m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($2.7m) $7.3m $6.8m $65.8m
Interest Paid, Excluding Capitalized Interest, Operating Activities — — — — — — — — $15.9m $12.5m
Income Taxes Paid, Net ($419k) $191k $151k $160k $65k $88k $1.4m $1.8m $16.5m $20.0m

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