← PAR TECHNOLOGY CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $1.8m |
($3.4m)
-289.90%
|
($24.1m)
-612.40%
|
($15.6m)
+35.45%
|
($36.6m)
-134.81%
|
($75.8m)
-107.32%
|
($69.3m)
+8.55%
|
($69.8m)
-0.62%
|
($5.0m)
+92.85%
|
($84.5m)
-1593.62%
|
— | |
| Depreciation, Depletion and Amortization | $4.6m | $4.0m | $4.7m | $7.3m | $14.5m | $21.4m | $26.1m | $27.5m | $37.9m | $49.0m | $49.6m | |
| Amortization of Debt Issuance Costs | — | — | — | — | — | — | — | — | $2.2m | $2.3m | — | |
| Amortization of Intangible Assets | $966k | $966k | $966k | $1.2m | $1.2m | $1.8m | $1.9m | $1.9m | $8.5m | $13.4m | — | |
| Capitalized Computer Software, Amortization | $1.1m | $2.7m | $3.5m | $3.3m | $6.7m | — | — | — | — | — | — | |
| Depreciation | $2.1m | $1.3m | $1.2m | $1.5m | $2.0m | $2.3m | $3.3m | $2.9m | $4.0m | $4.3m | $49.6m | |
| Depreciation, Amortization and Accretion, Net | $4.6m | $4.0m | $4.7m | $7.3m | $14.5m | $30.1m | $28.1m | $29.7m | $37.9m | $49.0m | $49.6m | |
| Deferred Income Tax Expense (Benefit) | $708k | $3.6m | $13.8m | ($4.0m) | ($3.2m) | ($10.4m) | ($372k) | $197k | ($8.5m) | $321k | ($1.3m) | |
| Share-based Payment Arrangement, Noncash Expense | $469k | $651k | $1.0m | $2.7m | $4.3m | $14.6m | $13.4m | $14.4m | $24.5m | $30.6m | $29.5m | |
| Share-based Payment Arrangement, Expense | — | $700k | $1.0m | $2.7m | $4.3m | $14.6m | $13.4m | $14.4m | $24.5m | $30.6m | $29.5m | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | — | — | — | — | — | — | $9.0m | |
| Impairment of Intangible Assets (Excluding Goodwill) | $500k | — | — | — | — | — | — | — | $200k | $3.6m | — | |
| Impairment of Intangible Assets, Finite-lived | $500k | $0 | $1.6m | $700k | — | — | — | — | — | — | — | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | — | — | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | ($1.5m) | $808k | ($1.3m) | ($1.2m) | ($489k) | — | — | — | |
| Other Nonoperating Income (Expense) | $1.3m | $629k | $306k | ($424k) | — | — | — | ($489k) | $1.1m | ($1.1m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $1.6m | ($325k) | ($3.1m) | $15.6m | $1.5m | ($1.8m) | $11.2m | $4.2m | $10.5m | $25.9m | ($7.8m) | |
| Accounts Receivable, Credit Loss Expense (Reversal) | $401k | $303k | $805k | $830k | $540k | $1.3m | $1.2m | $579k | $2.6m | $4.3m | ($7.8m) | |
| Increase (Decrease) in Inventories | $6.0m | ($2.9m) | $815k | ($1.9m) | $4.5m | $13.5m | $2.8m | ($16.0m) | ($1.8m) | $6.5m | ($11.3m) | |
| Inventory Write-down | $1.2m | $1.5m | ($176k) | $597k | $2.3m | $103k | $69k | ($1.9m) | ($150k) | $1.3m | — | |
| Increase (Decrease) in Accounts Payable | $5.0m | ($2.4m) | ($1.7m) | $3.7m | ($4.2m) | $4.9m | $2.2m | $6.3m | $4.3m | $4.0m | ($2.5m) | |
| Purchases of property and equipment, accrued but unpaid | $3.4m | $5.1m | $3.9m | $2.5m | $1.3m | $1.4m | $1.2m | $5.5m | $970k | $3.3m | ($11.6m) | |
| Net Cash Provided by (Used in) Operating Activities | $11.0m |
$314k
-97.14%
|
($3.8m)
-1325.80%
|
($16.1m)
-319.04%
|
($20.2m)
-25.51%
|
($53.2m)
-162.59%
|
($43.1m)
+18.97%
|
($17.1m)
+60.36%
|
($25.2m)
-47.85%
|
($27.2m)
-7.57%
|
($12.8m)
+52.93%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $3.4m | $5.1m | $3.9m | $2.5m | $1.3m | $1.4m | $1.2m | $5.5m | $970k | $3.3m | ($11.6m) | |
| Payments to Acquire Investments | $0 | — | — | — | — | — | — | — | — | — | $0 | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | $19.8m | $0 | $374.7m | $18.8m | $1.9m | $309.4m | $4.3m | ($275k) | |
| Net Cash Provided by (Used in) Investing Activities | ($7.1m) | ($8.9m) | ($6.7m) | ($23.9m) | ($9.0m) | ($383.0m) | ($66.7m) | ($7.8m) | ($180.1m) | ($13.1m) | ($11.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | — | $0 | $0 | ($8.1m) | ($11.9m) | $0 | ($635k) | ($6.6m) | ($5.8m) | — | |
| Repayments of Long-term Debt | $181k | $187k | $380k | — | — | — | — | — | — | — | ($209.0m) | |
| Induced Conversion of Convertible Debt Expense | — | — | — | $2.0m | — | — | — | — | — | — | — | |
| Proceeds from Issuance of Long-term Debt | — | — | $0 | $75.0m | $115.8m | $0 | $0 | $0 | $87.3m | $111.1m | $257.1m | |
| Payments for Repurchase of Common Stock | — | — | — | $544k | — | $5.3m | $3.1m | — | — | — | — | |
| Proceeds from Issuance of Common Stock | — | — | $0 | $0 | $131.4m | $215.0m | $0 | $0 | $194.5m | $0 | $0 | |
| Net Cash Provided by (Used in) Financing Activities | ($2.2m) |
$6.1m
+381.20%
|
$7.3m
+21.33%
|
$65.6m
+792.08%
|
$180.7m
+175.62%
|
$443.6m
+145.51%
|
($2.6m)
-100.58%
|
($1.6m)
+37.05%
|
$278.5m
+17334.34%
|
$12.3m
-95.59%
|
$16.4m
+33.83%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($716k) | $31k | $99k | $24.6m | $152.7m | $7.7m | ($110.9m) | ($30.0m) | $74.0m | ($27.9m) | $94.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $28.0m | $180.7m | $188.4m | $77.5m | $47.5m | $121.5m | $93.7m | $94.5m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($716k) | $31k | $99k | ($996k) | $1.2m | $273k | $1.5m | ($3.5m) | $857k | $136k | ($3.0m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Proceeds from Stock Options Exercised | — | — | $860k | $1.4m | $675k | $1.2m | $1.3m | $1.1m | $2.2m | $466k | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | $308k | $1.3m | $4.0m | $8.4m | $22k | $8.0m | $10.3m | $5.1m | — | |
| Income Taxes Paid, Net | $714k | $20k | $285k | ($321k) | $205k | $0 | $1.3m | $3.2m | $2.3m | $5.8m | — | |
| Noncash investing and financing activities: | ||||||||||||
| Additional Financial Items | ||||||||||||
| Accretion Expense | — | — | — | — | — | $8.7m | $2.0m | $2.2m | $2.4m | $2.3m | — | |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax | ($720k) | — | — | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($24k) | $39k | ($258k) | ($83k) | — | — | — | — | — | — | — | |
| Gains (Losses) on Sales of Investment Real Estate | — | — | $649k | $0 | — | — | — | — | — | — | — | |
| General and Administrative Expense | — | — | — | — | — | — | — | $69.0m | $108.9m | $122.7m | — | |
| Goodwill | $11.1m | $11.1m | $11.1m | $41.4m | $41.2m | $457.3m | $486.8m | $489.7m | $887.5m | $898.0m | $9.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.5m | ($3.6m) | ($24.1m) | — | — | — | — | — | ($89.9m) | ($84.7m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $720k | $224k | $0 | — | — | — | ($10.8m) | ($11.9m) | $84.9m | $197k | — | |
| Income Tax Expense (Benefit) | $1.1m | $4.0m | $14.1m | ($3.6m) | ($3.0m) | ($9.4m) | $1.3m | $2.0m | ($4.8m) | $2.9m | — | |
| Operating Expenses | $44.0m | $53.0m | $48.4m | $51.6m | $63.3m | $116.0m | $147.3m | $158.0m | $225.2m | $266.8m | — | |
| Operating Lease, Lease Income | — | — | — | $300k | $200k | $200k | $200k | — | — | — | — |