← KVH INDUSTRIES INC \DE\

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 ($7.5m) ($11.0m) ($8.2m) $33.3m ($21.9m) ($9.8m) $24.1m ($15.4m) ($11.0m) ($7.4m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — ($16.0m) ($21.9m) — ($3.9m) ($15.4m) — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — $49.3m $0 — $28.0m $0 — —
Depreciation, Depletion and Amortization $12.6m $11.0m $12.9m $11.5m $11.7m $14.6m $14.0m $13.4m $13.3m $10.7m
Amortization — — $4.0m $980k $1.0m $1.0m — — — —
Amortization of Intangible Assets $5.0m $4.3m $4.0m $980k $1.0m $1.0m $499k $234k $407k $519k
Depreciation $7.6m $6.7m $8.8m $8.8m $10.7m $13.6m $12.9m $13.2m $12.9m $10.2m
Deferred Income Tax Expense (Benefit) $2.4m ($756k) ($781k) ($4.9m) ($387k) ($179k) ($345k) ($42k) $117k ($454k)
Share-based Payment Arrangement, Noncash Expense $3.7m $3.5m $3.3m $4.2m $3.5m $4.1m $3.4m $2.1m $2.0m $1.6m
Goodwill, Impairment Loss — — — — $8.7m $0 — $5.3m $0 —
Share-based Payment Arrangement, Expense $3.7m $3.5m $3.3m $4.2m $3.5m $4.1m $3.4m $2.1m $2.0m $1.6m
Goodwill and Intangible Asset Impairment — — — — $10.5m $0 $0 $6.0m $1.1m $0
Impairment of Intangible Assets (Excluding Goodwill) — — — $0 $1.8m $0 $0 $657k $1.1m $0
Impairment of Intangible Assets, Finite-lived — — — — — — — $274k $0 —
Gain (Loss) on Disposition of Property Plant Equipment — — — — ($713k) ($494k) ($471k) ($2.5m) ($1.2m) —
Gain (Loss) on Extinguishment of Debt — — — — — $7.0m $0 — — —
Gain (Loss) on Disposition of Assets ($907k) ($27k) ($17k) ($189k) $713k $494k $471k $2.5m $1.2m ($1.4m)
Gain (Loss) on Disposition of Business — — — $53.7m $0 — — — — —
Income Tax Expense (Benefit) $5.5m $1.1m $565k ($4.0m) $174k ($108k) $546k $318k $421k ($131k)
Interest Expense Nonoperating — — — — — — — — $2k $0
Operating Lease, Lease Income — — — — — $243k $537k $553k $341k —
Other Nonoperating Income (Expense) $275k ($366k) $655k $101k $193k $7.2m $772k ($1.4m) ($1.8m) $1.1m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($10.7m) ($2.7m) $2.2m $4.3m $1.1m $506k ($506k) ($1.7m) ($3.8m) $4.3m
Increase (Decrease) in Inventories ($806k) $2.0m $174k $553k $1.2m ($33k) $8.5m ($3.7m) $3.9m ($8.7m)
Increase (Decrease) in Accounts Payable ($790k) $6.7m $2.0m ($1.9m) ($3.3m) ($251k) $11.4m ($15.6m) ($446k) $176k
Increase (Decrease) in Other Operating Assets $2.4m $712k $2.1m $1.0m $484k ($509k) ($1.7m) ($1.4m) ($333k) ($1.0m)
Accounts Receivable, Credit Loss Expense (Reversal) $872k $674k $657k ($131k) $333k $530k $221k $64k $217k ($45k)
Foreign Currency Transaction Gain (Loss), before Tax ($53k) $554k ($497k) ($181k) ($48k) ($3k) $517k ($33k) ($493k) $8k
Foreign Currency Transaction Gain (Loss), Unrealized ($881k) $86k $377k ($71k) ($151k) $112k $399k $179k ($188k) $101k
General and Administrative Expense $28.2m $28.9m $28.0m $25.5m $24.4m $28.8m $24.7m $18.9m $16.5m $15.3m
Goodwill $31.3m $33.9m $32.2m $15.4m $6.6m $6.6m $5.3m $0 — $732k
Inventory Write-down — — — $2.3m — — — — — —
Investment Income, Interest $513k $659k $635k $2.0m $996k $886k $1.5m $3.6m $3.0m $2.6m
Revenue from Contract with Customer, Including Assessed Tax — — $170.8m $157.9m $158.7m $171.8m $138.9m $132.4m $113.8m $111.0m
Unrealized Gain (Loss) on Derivatives $80k $89k $58k $71k $151k ($112k) ($399k) ($179k) $188k ($101k)
Net Cash Provided by (Used in) Operating Activities $18.7m $11.5m $5.2m ($14.2m) ($3.1m) $2.9m $8.9m $2.5m ($13.2m) $17.1m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $5.6m $12.8m $15.9m $12.5m $14.1m $18.7m $14.4m $10.6m $7.4m $7.4m
Payments to Acquire Businesses, Net of Cash Acquired $0 — — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($8.7m) $4.5m ($7.6m) $46.0m ($9.3m) ($6.7m) $375k ($14.7m) $52.4m $3.9m
Cash flows from financing activities:
Repayments of Long-term Debt $1.4m $1.6m $182k $2.6m — — — — — —
Payments for Repurchase of Common Stock — — — — $390k $0 — $239k $0 $1.7m
Net Cash Provided by (Used in) Financing Activities ($4.4m) ($9.7m) ($13.3m) ($30.8m) $7.1m $2.6m $708k $2.3m $110k ($1.7m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($1.9m) $1.9m ($817k) ($812k) ($542k) ($48k) ($297k) $79k ($51k) $35k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($1.9m) $1.9m ($16.5m) $315k ($5.8m) ($1.2m) $9.7m ($9.8m) $39.3m $19.3m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $18.1m $18.4m $12.6m $11.4m $21.1m $11.3m $50.6m $69.9m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $1.7m $929k $0 — — — — —
Income Taxes Paid, Net $3.6m $972k $2.6m $424k $1.1m $419k $312k $22k $173k $197k

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