← INSEEGO 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 ($60.6m) ($45.7m) ($8.1m) ($40.1m) ($111.2m) ($48.1m) ($68.0m) ($46.2m) $4.6m $838k
Net Income (Loss) Available to Common Stockholders, Basic ($60.6m) ($45.7m) ($8.1m) ($40.5m) ($114.1m) ($52.4m) ($70.7m) ($49.2m) $1.3m ($2.7m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($60.6m) ($45.8m) ($8.1m) ($40.1m) ($111.2m) ($47.9m) ($68.0m) ($46.2m) — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $1.2m ($14.4m) $1.2m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — — — $1.2m $18.9m ($400k)
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — $1.2m $18.9m ($400k)
Net Income (Loss) Attributable to Noncontrolling Interest $5k ($105k) ($85k) $15k $29k $214k $0 — — —
Depreciation, Depletion and Amortization $14.1m $14.3m $13.7m $18.4m $27.9m $25.3m $27.2m $22.5m $12.5m $8.4m
Amortization of Debt Issuance Costs — — — — — $1.5m $200k $500k — ($175k)
Amortization of Debt Issuance Costs and Discounts $8.4m $10.3m $9.8m $9.8m $4.0m $1.5m $3.0m $2.0m $4.4m ($175k)
Amortization of Intangible Assets $6.2m $6.3m $6.7m $9.7m $18.0m $15.5m $20.1m $16.4m $11.1m $7.8m
Depreciation $7.8m $8.0m $7.0m $8.8m $10.0m $9.8m $7.1m $6.1m $1.4m $700k
Deferred Income Tax Expense (Benefit) $196k $319k $14k ($598k) $659k ($53k) ($570k) $388k $62k $12k
Share-based Payment Arrangement, Noncash Expense $4.6m $3.7m $4.9m $7.3m $10.4m $16.6m $17.9m $7.4m $3.8m $7.4m
Share-based Payment Arrangement, Expense $4.6m $3.7m $4.9m $7.3m $10.4m $16.6m $17.9m $7.4m $3.9m $7.4m
Goodwill, Impairment Loss — — — — — — — $0 $0 $0
Impairment of Intangible Assets (Excluding Goodwill) $2.7m $400k $0 $0 $1.4m $1.2m $3.0m — — —
Impairment of Intangible Assets, Finite-lived $2.6m $0 — — — — — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $300k $0 $0 $0 $0 $0 $0 $0 $0
Operating Lease, Impairment Loss — — — — — — $0 $469k $138k $0
Gain (Loss) on Disposition of Assets $4.7m ($804k) — — — — — — — —
Gain (Loss) on Disposition of Business — ($815k) — — — $5.3m $0 — — —
Gain (Loss) on Extinguishment of Debt — ($2.0m) $0 — ($76.4m) ($432k) ($450k) $0 ($788k) $0
Income Tax Expense (Benefit) $381k $214k $815k $536k $748k $191k ($465k) $885k $689k $44k
Other Nonoperating Income (Expense) $414k ($4.1m) ($895k) $351k $992k $845k ($1.5m) $54k ($850k) $737k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($11.6m) ($5.6m) $6.9m ($377k) $10.8m $1.1m ($2.4m) ($1.9m) ($4.7m) $11.6m
Increase (Decrease) in Inventories $3.2m ($3.0m) $11.4m $3.1m $13.3m $12.5m $3.1m ($669k) ($6.9m) ($7.4m)
Increase (Decrease) in Accounts Payable ($7.8m) ($730k) $9.6m ($13.0m) $27.1m ($3.1m) ($26.3m) ($1.9m) ($6.9m) $3.7m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $5.0m — — — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($3.6m) $200k ($400k) ($300k) ($700k) — — — — —
Foreign Currency Transaction Gain (Loss), Unrealized ($3.5m) $316k ($402k) — — — — — — —
Gain (Loss) on Termination of Lease — — — — — — — — $0 $443k
General and Administrative Expense $52.4m $34.4m $25.3m $27.3m $30.7m $28.2m $27.3m $20.7m $17.2m $20.8m
Goodwill $34.4m $37.7m $32.9m $33.7m $32.5m $20.3m $21.9m $21.9m $3.9m $3.9m
Induced Conversion of Convertible Debt Expense — — — — $76.4m $432k $450k — — —
Inventory Write-down $3.3m $1.7m $1.0m $980k $538k $657k $2.6m $9.6m ($54k) ($1.6m)
Operating Expenses $121.3m $89.5m $56.6m $83.5m $116.0m $122.4m $124.8m $88.7m $67.1m $66.7m
Payments of Financing Costs — $0 — — — — — — — —
Net Cash Provided by (Used in) Operating Activities ($6.6m) ($14.6m) ($1.8m) ($18.0m) $20.1m ($25.2m) ($33.3m) $7.2m $33.5m $7.2m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.4m $1.8m $1.3m $6.6m $5.7m $4.9m $1.5m $704k $100k $661k
Payments to Acquire Businesses, Net of Cash Acquired $3.8m $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities $5.0m ($4.4m) ($4.2m) ($28.2m) ($34.7m) $6.1m ($13.3m) ($10.2m) $43.0m ($8.6m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $0 $0 $0 $17.5m $1.9m $29.4m $0 $6.1m $0 $976k
Dividends Payable — — — $400k $2.9m $3.1m — — — —
Net Cash Provided by (Used in) Financing Activities ($1.3m) $30.4m $17.7m $27.5m $42.1m $29.9m $5.4m $2.2m ($38.8m) ($13.4m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($50k) ($1.9m) ($259k) $523k ($990k) ($1.5m) $1.2m ($582k) $93k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $9.8m ($19.0m) $27.9m $9.8m ($42.7m) $376k $37.2m ($14.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $11.4m $31.1m $12.1m $40.0m $49.8m $7.1m $7.5m $39.6m $24.9m
Cash, Cash Equivalents, and Short-term Investments $9.9m $21.2m $31.0m $12.1m $40.0m — — — — —
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $10.6m $9.3m $3.2m $5.4m $5.5m $6.0m $6.2m $3.9m
Income Taxes Paid, Net — — — — — — — — — $1.4m

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