← MANNKIND 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 From Continuing Operations — — — — — — ($87.4m) ($11.9m) $27.6m $5.9m
Net Income (Loss) Attributable to Parent $125.7m ($117.3m) ($87.0m) ($51.9m) ($57.2m) ($80.9m) ($87.4m) ($11.9m) $27.6m $5.9m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — ($87.0m) ($51.9m) ($57.2m) ($80.9m) ($87.4m) ($11.9m) $27.6m $5.9m
Depreciation, Depletion and Amortization $2.4m $1.8m $2.9m $972k $2.1m $4.2m $6.1m $4.5m $7.4m $12.3m
Depreciation $4.2m $3.5m $1.7m $1.6m $1.8m $2.0m $3.3m $4.5m $7.3m $8.1m
Amortization of Debt Issuance Costs — $31k $46k — — $1.7m $2.1m $1.5m $1.4m $646k
Amortization of Debt Issuance Costs and Discounts — — — ($111k) ($101k) $1.2m $1.5m $2.1m $1.6m $854k
Amortization of Intangible Assets — — — — — — — — — $4.0m
Amortization Of Securities — — — — — — $707k ($925k) ($5.1m) ($2.6m)
Depreciation Amortization Depletion — — — — — — $6.3m $4.5m $7.4m $12.3m
Deferred Income Tax Expense (Benefit) $48.1m ($260.2m) $11.1m ($5.3m) ($4.8m) ($19.6m) ($9.9m) $6.8m $3.9m ($19.5m)
Deferred Other Tax Expense (Benefit) ($48.1m) $260.2m ($11.1m) — — — — — — —
Share-based Payment Arrangement, Noncash Expense $5.1m $4.8m $6.9m $6.2m $6.5m $12.2m $13.4m $17.6m $21.4m $24.2m
Payment, Tax Withholding, Share-based Payment Arrangement $165k $127k — — — — — — — —
Share-based Payment Arrangement, Expense $5.1m $4.8m $6.9m $6.2m $6.5m $12.2m $13.4m $17.6m $21.4m $24.2m
Goodwill, Impairment Loss — — — — — — $0 — — $0
Impairment of Intangible Assets (Excluding Goodwill) — — — — — — $0 — — —
Asset Impairment Charge — — — — — — $2.2m $4.6m $3.9m $10.4m
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($1.3m) ($203k) $114k — — — — — $959k —
Gain (Loss) on Disposition of Assets — — — — — — — — ($565k) —
Gain (Loss) on Disposition of Property Plant Equipment ($600k) $24k $120k — — — — — $959k —
Gain (Loss) on Extinguishment of Debt $72.0m ($1.6m) ($765k) $3.5m ($264k) ($17.2m) — — ($20.4m) —
Income Tax Expense (Benefit) $0 $51k $240k $0 ($218k) $0 $0 $1.6m $2.9m ($4.5m)
Interest Expense Nonoperating — — — — — — — — $12.0m $13.8m
Other Nonoperating Income (Expense) ($597k) $13k ($437k) ($926k) $23k ($239k) ($102k) $122k $32k ($1.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $302k $2.5m $1.3m ($504k) $705k $776k $11.8m ($2.3m) ($2.7m) $4.8m
Increase (Decrease) in Inventories $2.3m $3.3m $3.2m $558k $1.3m $4.1m $5.7m $11.3m $3.2m $6.6m
Increase (Decrease) in Accounts Payable ($12.1m) $3.8m ($1.6m) ($593k) $793k $1.4m $4.1m ($1.5m) ($2.8m) ($16.7m)
Proceeds from Stock Options Exercised — $20k — $124k $600k $1.0m $3.0m $1.2m $2.9m $6.4m
Foreign Currency Transaction Gain (Loss), before Tax $3.4m $13.6m ($4.5m) ($1.9m) ($8.0m) ($6.6m) ($4.8m) $1.9m ($3.9m) $7.7m
Foreign Currency Transaction Gain (Loss), Realized $3.4m ($13.6m) $4.5m $1.9m ($8.0m) $6.6m $4.8m ($1.9m) $3.9m ($7.7m)
General and Administrative Expense $27.1m — — — — — $37.7m $42.5m — —
Goodwill — — — — — — $2.4m $1.9m $1.9m $67.6m
Inventory Write-down $200k $3.0m — — — — — — — —
Investment Income, Interest $85k $293k $501k $997k $167k $112k $2.5m $6.2m $12.6m $8.1m
Nonoperating Income (Expense) $58.4m ($9.1m) ($10.1m) ($7.3m) ($9.5m) ($33.9m) ($23.3m) ($19.1m) ($42.1m) ($37.4m)
Operating Expenses — — — — — — $57.5m $62.8m $76.6m $88.0m
Payments for Repurchase of Warrants — — — $433k — — — — — —
Payments of Financing Costs — — — — — — — — — $7.3m
Beginning Cash Position — — — — — — $124.2m $69.8m $238.5m $47.1m
Cash Flow From Continuing Financing Activities — — — — — — $21.4m $136.6m ($137.3m) $315.1m
Cash Flow From Continuing Investing Activities — — — — — — $4.9m ($2.0m) ($96.6m) ($304.8m)
Change In Account Payable — — — — — — $4.1m ($1.5m) ($2.8m) ($16.7m)
Change In Accrued Expense — — — — — — ($723k) $6.6m ($2.7m) $3.3m
Change In Income Tax Payable — — — — — — — $0 $0 ($5.0m)
Change In Interest Payable — — — — — ($4.9m) $0 $0 — —
Change In Inventory — — — — — — ($5.7m) ($11.3m) ($3.2m) ($6.6m)
Change In Other Current Assets — — — — — — $523k $263k ($3.6m) ($1.9m)
Change In Other Current Liabilities — — — — — — ($9.0m) ($11.8m) ($5.0m) ($873k)
Change In Other Working Capital — — — — — — $14.1m $39.5m ($15.3m) ($8.3m)
Change In Payable — — — — — — $4.1m ($1.5m) ($2.8m) ($21.7m)
Change In Payables And Accrued Expense — — — — — — $3.4m $5.1m ($5.5m) ($18.4m)
Change In Prepaid Assets — — — — — — ($15.6m) ($7.3m) ($6.6m) ($10.0m)
Change In Receivables — — — — — — ($11.8m) $2.3m $2.7m ($4.8m)
Change In Tax Payable — — — — — — — $0 $0 ($5.0m)
Change In Working Capital — — — — — — ($24.1m) $16.7m ($36.5m) ($50.9m)
Changes In Account Receivables — — — — — — ($11.8m) $2.3m $2.7m ($4.8m)
Changes In Cash — — — — — — ($54.4m) $168.7m ($191.4m) $28.6m
End Cash Position — — — — — — $69.8m $238.5m $47.1m $75.6m
Financing Cash Flow — — — — — — $21.4m $136.6m ($137.3m) $315.1m
Free Cash Flow — — — — — — ($88.3m) ($8.3m) $32.8m $13.7m
Gain Loss On Investment Securities — — — — — — $932k $170k $1.6m $6.4m
Gain Loss On Sale Of PPE — — — — — — $0 $0 $565k —
Investing Cash Flow — — — — — — $4.9m ($2.0m) ($96.6m) ($304.8m)
Issuance Of Capital Stock — — — — — — $19.8m $6.9m $0 $0
Net Business Purchase And Sale — — — — — — ($15.3m) $0 $0 ($347.7m)
Net Foreign Currency Exchange Gain Loss — — — — — — ($4.8m) $1.9m ($3.9m) $7.7m
Net Intangibles Purchase And Sale — — — — — $0 $0 — — —
Net PPE Purchase And Sale — — — — — — ($7.6m) ($42.4m) ($9.7m) ($4.6m)
Operating Gains Losses — — — — — — ($3.9m) $2.1m $18.1m $14.2m
Other Non Cash Items — — — — — — $12.0m $1.4m $5.8m $4.9m
Proceeds From Stock Option Exercised — — — — — — $2.8m $1.8m $3.1m $2.0m
Purchase Of Business — — — — — — ($15.3m) $0 $0 ($347.7m)
Purchase Of Intangibles — — — — — $0 $0 — — —
Purchase Of PPE $1.1m $1.1m $354k $2.6m $801k $11.5m ($7.6m) ($42.4m) ($9.7m) ($4.6m)
Stock Based Compensation — — — — — — $13.4m $17.6m $21.4m $24.2m
Net Cash Provided by (Used in) Operating Activities ($78.1m) ($64.8m) ($37.7m) ($88.5m) ($28.1m) ($61.7m) ($80.7m) $34.1m $42.5m $18.3m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.1m — $354k $2.6m $801k $11.5m $7.6m $42.4m $9.7m $4.6m
Payments to Acquire Businesses, Net of Cash Acquired — — — — — — $15.3m — — $347.7m
Net Investment Purchase And Sale — — — — — — $27.8m $40.5m ($87.0m) $57.5m
Purchase Of Investment — — — — — — ($79.5m) ($79.1m) ($280.8m) ($157.8m)
Sale Of Investment — — — — — — $107.3m $119.5m $193.8m $215.3m
Net Other Investing Changes — — — — — — — $382k $396k ($10.0m)
Net Cash Provided by (Used in) Investing Activities ($1.1m) $16.7m ($234k) ($22.8m) $15.2m ($151.5m) $4.9m ($2.0m) ($96.6m) ($304.8m)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — — $4.9m — — — — —
Issuance Of Debt — — — — — — $0 $0 $0 $325.0m
Long Term Debt Issuance — — — — — — $0 $0 $0 $325.0m
Net Issuance Payments Of Debt — — — — — — $0 ($6.7m) ($133.2m) $325.0m
Net Long Term Debt Issuance — — — — — — $0 ($6.7m) ($133.2m) $325.0m
Long Term Debt Payments — — — — — — $0 ($6.7m) ($133.2m) $0
Repayment Of Debt — — — — — — $0 ($6.7m) ($133.2m) $0
Proceeds from Issuance of Common Stock — $564k — — — $498k $319k $10.2m $6.1m $3.3m
Common Stock Issuance — — — — — — $19.8m $6.9m $0 $0
Net Common Stock Issuance — — — — — — $19.8m $6.9m $0 $0
Proceeds from (Payments for) Other Financing Activities — $24k $7k — — — — — — —
Net Other Financing Charges — — — — — — ($1.2m) $134.6m ($7.2m) ($11.9m)
Net Cash Provided by (Used in) Financing Activities $43.0m $73.6m $61.3m $69.9m $49.9m $270.3m $21.4m $136.6m ($137.3m) $315.1m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($36.2m) $25.5m $23.3m ($41.5m) $36.9m $57.0m ($54.4m) $168.7m ($191.4m) $28.6m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($36.2m) $48.4m $23.3m ($41.5m) $36.9m $57.0m ($54.4m) $168.7m ($191.4m) $28.6m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($54.4m) $168.7m ($191.4m) $28.6m
Interest Paid, Excluding Capitalized Interest, Operating Activities $9.0m $7.7m $3.8m $1.8m $3.6m $11.3m $8.9m $18.3m $17.5m $14.7m
Income Taxes Paid, Net — $51k $240k — — — — $0 $4.3m $1.7m

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