← Nerdy Inc.
| Annual Trend | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net Loss | ($22.4m) | ($637k) | ($30.7m) | ($63.9m) | ($67.7m) | ($67.1m) | ($60.9m) | — | |
| Depreciation & amortization | $4.0m | $5.0m | $5.3m | $5.9m | $6.2m | $7.0m | $7.0m | $5.3m | |
| Amortization of intangibles | $1.1m | $1.0m | $1.1m | $602k | $606k | $614k | $625k | ($1.7m) | |
| Amortization of deferred financing fees | $242k | $657k | $493k | $0 | $0 | $0 | $78k | — | |
| Non-cash stock-based compensation expense | $1.7m | $1.7m | $54.4m | $47.2m | $44.3m | $41.1m | $27.8m | — | |
| Non-cash stock-based compensation | — | — | $55.0m | $49.6m | $46.7m | $42.7m | $28.7m | — | |
| Decrease (increase) in accounts receivable, net | ($239k) | $283k | ($4.8m) | ($6.3m) | ($3.8m) | $8.1m | $1.7m | — | |
| Increase (decrease) in accounts payable | $953k | $2.2m | ($856k) | ($391k) | ($474k) | ($170k) | $543k | $345k | |
| Purchase of fixed assets included in accounts payable | $39k | $28k | $44k | $0 | $731k | $2k | $35k | — | |
| Decrease in deferred revenue | $26k | $2.5m | $12.7m | ($4.5m) | ($5.1m) | ($5.2m) | ($1.2m) | — | |
| Other | — | $0 | $0 | ($233k) | $0 | $0 | $69k | — | |
| Decrease (increase) in other current assets | ($283k) | $343k | ($2.9m) | $125k | $972k | ($78k) | $66k | — | |
| Decrease in other assets | $71k | $149k | $16k | $1.2m | $527k | $1.9m | $799k | — | |
| (Decrease) increase in other current liabilities | ($1.4m) | $2.1m | $1.1m | ($188k) | $3.3m | ($959k) | ($2.0m) | — | |
| Decrease in other liabilities | $0 | $1.6m | ($1.2m) | ($1.3m) | ($1.7m) | ($648k) | ($1.1m) | — | |
| Net Cash Used In Operating Activities | ($16.3m) |
($481k)
+97.05%
|
($38.9m)
-7987.62%
|
($48.0m)
-23.43%
|
($7.6m)
+84.25%
|
($15.6m)
-106.39%
|
($18.8m)
-20.78%
|
($11.9m)
+36.95%
|
|
| Capital expenditures | ($6.4m) | ($2.9m) | ($5.2m) | ($5.3m) | ($6.9m) | ($6.9m) | ($5.4m) | ($5.8m) | |
| Net Cash Used In Investing Activities | ($6.4m) | ($450.0m) | ($5.2m) | ($5.3m) | ($6.9m) | ($6.9m) | ($5.4m) | ($5.8m) | |
| Net Cash Provided By (Used In) Financing Activities | $24.4m |
$451.0m
+1749.30%
|
$159.2m
-64.69%
|
($1.0m)
-100.63%
|
($1.9m)
-94.00%
|
$0
+100.00%
|
$19.5m |
$19.2m
-1.28%
|
|
| Cash, Cash Equivalents, and Restricted Cash, Beginning of Year | $27.9m | $30.7m | $145.9m | $91.5m | $75.1m | $52.7m | $47.9m | — | |
| Effect of Exchange Rate Change on Cash, Cash Equivalents, and Restricted Cash | $28k | $21k | $1k | ($13k) | ($20k) | ($1k) | ($61k) | — | |
| Net Decrease in Cash, Cash Equivalents, and Restricted cash | $1.7m | $509k | $115.2m | ($54.3m) | ($16.4m) | ($22.5m) | ($4.8m) | — | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Abandonment of capitalized internal-use software | — | — | — | — | $0 | $0 | $7.8m | — | |
| Unrealized loss on derivatives, net | $0 | $0 | ($71.0m) | ($26.6m) | $13.4m | $0 | $0 | — | |
| Proceeds from term loan | $35.0m | $4.0m | $11.0m | $0 | $0 | $0 | $20.0m | — | |
| Payments of deferred financing fees | ($613k) | $0 | $0 | — | $0 | $0 | ($501k) | — | |
| Payments of warrant and earnout transaction costs | — | — | $0 | $0 | ($1.9m) | $0 | $0 | — | |
| Cash paid for income taxes | — | $0 | $0 | $38k | $93k | $117k | $148k | — | |
| Cash paid for interest | $1.4m | $4.1m | $4.1m | $0 | $0 | $0 | $167k | — |