LANTRONIX 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 ($2.0m) ($277k) $680k ($408k) ($10.7m) ($4.0m) ($5.4m) ($9.0m) ($4.5m) ($11.4m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest ($7.2m) ($8.2m) ($3.8m) ($11.6m)
Depreciation, Depletion and Amortization $759k $594k $442k $464k $768k $817k $1.0m $1.7m $2.2m $2.1m
Amortization of Deferred Charges $18k
Amortization of Intangible Assets $2.0m $3.1m $5.6m $5.8m $5.3m $4.0m
Deferred Income Tax Expense (Benefit) $0 $0 $0 $0 $0
Share-based Payment Arrangement, Noncash Expense $870k $912k $1.2m $1.9m $3.6m $3.6m $6.2m $6.2m $8.3m $6.1m
Payment, Tax Withholding, Share-based Payment Arrangement $48k $194k $213k $189k $379k $877k $1.8m $821k $1.0m $2.1m
Gain (Loss) on Extinguishment of Debt ($764k) $0
Gain (Loss) on Disposition of Property Plant Equipment ($7k) $0 $0 ($10k) ($16k) ($193k) ($4k) ($15k) ($3k) ($6k)
Income Tax Expense (Benefit) $63k $68k $98k $141k $144k $195k $1.8m $748k $745k ($239k)
Operating Lease, Expense $795k
Other Nonoperating Income (Expense) $61k ($3k) ($8k) ($15k) $77k ($197k) $53k ($73k) $7k ($100k)
Changes in operating assets and liabilities:
Noncash investing and financing activities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $506k $268k $812k $2.0m ($2.8m) $2.1m $7.5m ($480k) $3.6m ($6.2m)
Increase (Decrease) in Inventories ($2.6m) $674k $1.5m $2.5m ($3.4m) $1.3m $15.3m $8.7m ($21.2m) ($2.0m)
Increase (Decrease) in Accounts Payable ($965k) ($7k) $1.2m $765k ($2.6m) $3.6m $8.8m ($8.6m) ($2.1m) $2.9m
Purchases of property and equipment, accrued but unpaid $570k $236k $229k $891k $572k $783k $2.1m $2.7m $1.5m $505k
Goodwill $9.5m $9.5m $9.5m $9.5m $15.8m $15.8m $20.8m $27.8m $27.8m $31.1m
Inventory Write-down $293k $299k
Operating Expenses $21.3m $23.8m $24.6m $26.8m $37.4m $36.4m $60.6m $62.9m $67.2m $62.7m
Net Cash Provided by (Used in) Operating Activities $213k $2.1m $509k ($1.7m) ($2.5m) $4.3m ($9.4m) $237k $18.6m $7.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $570k $236k $229k $891k $572k $783k $2.1m $2.7m $1.5m $505k
Payments to Acquire Businesses, Net of Cash Acquired $13.4m $0 $23.6m $4.7m $0
Net Cash Provided by (Used in) Investing Activities ($570k) ($236k) ($229k) ($891k) ($14.0m) ($783k) ($25.7m) ($7.3m) ($1.5m) ($7.0m)
Cash flows from financing activities:
Proceeds from Issuance of Common Stock $2.1m $529k $1.5m $11.6m $1.2m $913k $34.2m $1.3m $1.0m $357k
Net Cash Provided by (Used in) Financing Activities $1.3m $275k $1.2m $11.4m $5.9m ($1.5m) $42.6m $3.3m ($4.4m) ($6.5m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $17.2m $13.5m $26.2m $20.1m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $23k $18k $18k $218k $297k $1.5m $1.6m $1.9m $1.3m
Income Taxes Paid, Net $32k $73k $87k $115k $101k $200k $215k $539k $631k $636k