KALTURA INC

Annual Trend FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Depreciation and amortization $4.5m $7.7m $2.4m $2.7m $4.7m $5.1m $4.5m
Amortization of deferred contract acquisition and fulfillment costs $3.3m $4.2m $8.1m $10.9m $11.7m $11.4m $11.2m
Cash settlement of equity classified share-based payment awards $0 $0 ($3.1m)
Operating lease right-of-use assets and lease liabilities, net $0 $0 $527k ($863k) ($840k) $1.5m
Net loss ($15.6m) ($58.8m) ($59.4m) ($68.5m) ($46.4m) ($31.3m) ($12.1m)
Stock-based compensation expenses $2.3m $5.1m $17.1m $23.6m $30.0m $26.3m $16.5m
Non-cash interest income, net $407k $263k $331k ($146k) ($1.0m) ($1.2m) ($349k)
Gain on foreign exchange $0 $0 $1.4m ($728k) ($90k) ($522k)
Decrease in trade receivables $6.2m ($6.3m) ($1.1m) ($11.3m) $5.5m $3.3m $3.6m
Decrease (Increase) in prepaid expenses and other current assets and other assets, noncurrent ($54k) ($864k) ($2.3m) $429k $648k ($949k) ($2.8m)
Increase in deferred contract acquisition and fulfillment costs ($6.6m) ($12.9m) ($18.1m) ($11.6m) ($6.6m) ($7.5m) ($5.1m)
Increase (Decrease) in trade payables $2.0m $2.1m $3.9m $3.1m ($5.9m) ($534k) $706k
Increase in accrued expenses and other current liabilities ($1.5m) $5.0m $3.8m ($1.9m) $797k $5.4m $1.1m
Increase (Decrease) in employees and payroll accruals $1.4m $5.9m $2.4m ($3.7m) ($2.2m) $2.7m ($682k)
Increase (Decrease) in other liabilities, noncurrent $39k $635k ($675k) ($51k) $443k ($14k) ($2.4m)
Increase (Decrease) in deferred revenue ($1.3m) $12.3m $6.3m $7.5m $1.6m $458k ($757k)
Proceeds from maturities of available-for-sale marketable securities $0 $0 $19.0m $52.0m $39.0m $71.0m
Purchases of property and equipment ($2.2m) ($1.1m) ($1.9m) ($1.2m) ($2.6m) ($521k) ($661k)
Capitalized internal-use software development costs ($249k) ($1.8m) ($4.0m) ($4.8m) ($1.5m) $0 $0
Investment in restricted bank deposit $0 $0 ($2.6m) ($1.8m) $0 $0
Proceeds from long-term loans $3.0m $2.0m $41.9m $0 $3.5m $0 $0
Repayment of long-term loans $0 ($1.7m) ($51.8m) ($3.0m) ($4.5m) ($2.2m) ($3.5m)
Proceeds from exercise of stock options $147k $280k $1.3m $2.7m $1.4m $1.6m $3.1m
Purchase of property, equipment, internal-use software, and intangible asset in credit $142k $155k $1.1m $355k $43k $213k $81k
Capitalized stock-based compensation cost $0 $0 $296k $845k $645k $0
Issuance of common shares and warrants with respect to the business combination $0 $0 $2.3m
Pending proceeds from option exercises $0 $0 $227k $79k $217k $136k
Lease incentive recognized as leasehold improvements $0 $0 $1.7m $4.9m $0 $0
Restricted cash included in other assets, noncurrent $606k $644k $422k $1.2m $100k $100k $100k
Net cash provided by (used in) operating activities $370k $5.8m ($22.1m) ($46.8m) ($8.3m) $12.2m $14.5m
Payments for businesses acquired, net of acquired cash $0 $0 ($7.1m)
Investment in available-for-sale marketable securities $0 $0 ($60.2m) ($47.7m) ($50.9m) ($54.1m)
Net cash provided by (used in) investing activities ($2.7m) ($2.7m) ($5.2m) ($49.8m) ($1.6m) ($12.4m) $9.1m
Payment of debt issuance costs $0 $0 ($125k) ($274k) ($17k) $0
Repurchase of common stock $0 $0 ($2.9m) ($26.2m)
Payments on account of repurchase of common stock $0 $0 ($30k) $30k
Net cash provided by (used in) financing activities $300k ($1.8m) $143.4m ($529k) $109k ($3.5m) ($29.7m)
Effect of exchange rate changes on cash, cash equivalents and restricted cash $0 $0 ($1.4m) $728k $90k $522k
Net decrease in cash, cash equivalents and restricted cash ($2.1m) $1.2m $116.0m ($98.5m) ($9.0m) ($3.6m) ($5.5m)
Cash, cash equivalents and restricted cash at the beginning of the year $27.1m $28.4m $144.4m $45.8m $36.8m $33.2m $27.6m
Cash and cash equivalents $26.5m $27.7m $143.9m $44.6m $36.7m $33.1m $27.5m
Cash paid for interest $4.3m $3.9m $1.9m $2.3m $3.0m $2.7m $2.2m
Cash paid for income taxes, net $1.1m $1.2m $2.6m $8.9m $4.3m $3.8m $1.9m