← RxSight, Inc.

Annual Trend 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 — — ($66.8m) ($48.6m) ($27.5m) ($38.9m)
Net Income (Loss) Attributable to Parent $27.6m ($48.7m) ($66.8m) ($48.6m) ($27.5m) ($38.9m)
Net Income (Loss) Available to Common Stockholders, Basic $3.4m ($48.7m) ($66.8m) ($48.6m) ($27.5m) ($38.9m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $27.6m ($48.7m) ($66.8m) ($48.6m) ($27.5m) ($38.9m)
Depreciation, Depletion and Amortization $3.9m $4.0m $3.9m $4.1m $3.6m $3.3m
Amortization of Debt Issuance Costs and Discounts $85k $493k $552k $287k $0 $0
Amortization of right-of-use lease assets $159k $13k $138k $165k $49k —
Amortization of debt issuance costs and premium $85k $493k $552k $287k $0 $0
Amortization of discount on short-term investments ($446k) ($30k) ($1.4m) ($6.1m) ($9.0m) ($8.5m)
Amortization Of Securities — — ($1.4m) ($6.1m) ($9.0m) ($8.5m)
Depreciation Amortization Depletion — — $4.0m $4.1m $3.6m $3.3m
Deferred Income Tax Expense (Benefit) ($9.8m) ($13.2m) ($14.9m) ($12.8m) $19.1m $6.5m
Share-based Payment Arrangement, Noncash Expense $4.2m $7.6m $11.4m $15.7m $24.6m $31.6m
Payments for employee taxes related to stock compensation — $0 ($643k) ($1.4m) ($4.8m) ($2.1m)
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property $7k — — — — —
Gain (Loss) on Disposition of Assets $7k $0 — — — —
Gain (Loss) on Extinguishment of Debt — — — ($1.8m) $0 $0
Income Tax Expense (Benefit) $57k $8k $9k $20k $50k $66k
Loss on extinguishment of debt — — $0 $1.8m $0 $0
Operating lease $2.0m $126k $1.1m $46k $10.0m $29k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $2.1m $2.0m $6.1m $9.3m $9.8m ($6.7m)
Increase (Decrease) in Inventories $1.3m $2.1m $7.6m $2.7m $5.0m $11.5m
Increase (Decrease) in Accounts Payable ($954k) $555k $635k $1.2m $946k $627k
Inventory Write-down $238k $2.4m $752k $164k $404k $1.9m
Operating Expenses $37.1m $57.3m $84.6m $103.8m $135.8m $151.2m
Proceeds from Stock Options Exercised $992k $1.6m $0 — — —
Unrealized Gain (Loss) on Investments $2k $9.0m $75k $10k $190k $53k
Net loss $27.6m ($48.7m) ($66.8m) ($48.6m) ($27.5m) ($38.9m)
Provision for bad debts — — $0 $0 $34k $32k
Stock-based compensation $4.2m $7.6m $11.4m $15.7m $24.6m $31.6m
Provision for excess and obsolete inventory $238k $2.4m $752k $164k $404k $1.9m
Accounts receivable ($2.1m) ($2.0m) ($6.1m) ($9.3m) ($9.8m) $6.7m
Inventories ($1.3m) ($2.1m) ($7.6m) ($2.7m) ($5.0m) ($11.5m)
Prepaid and other assets $180k ($2.8m) $789k ($562k) ($1.2m) $1.2m
Accounts payable ($954k) $555k $635k $1.2m $946k $627k
Accrued expenses and other liabilities ($3.7m) $3.7m $4.8m $2.3m $5.9m ($1.9m)
Proceeds from term loan $25.0m $15.0m $0 $20.0m $0 $0
Repayment of term loan — — $0 ($60.0m) $0 $0
Principal payments on finance lease liabilities ($142k) ($27k) ($121k) ($153k) ($61k) ($26k)
Payments of deferred offering costs — $0 ($587k) ($622k) ($768k) $0
Finance lease $48k $0 $311k $102k $19k —
Acquisition of property and equipment included in accounts payable and accrued expenses and other current liabilities $40k $30k $299k $282k $545k $421k
Deferred offering costs included in accounts payable and accrued liabilities — $0 $133k $145k $0 $0
Reclassification of deferred financing costs — $3.2m $90k $1.4m $768k $0
Beginning Cash Position — — $25.2m $12.6m $10.4m $17.5m
Cash Flow From Continuing Financing Activities — — $6.3m $61.5m $123.3m $1.9m
Cash Flow From Continuing Investing Activities — — $40.0m ($22.1m) ($99.3m) $16.9m
Change In Account Payable — — $635k $1.2m $946k $627k
Change In Accrued Expense — — $4.8m $2.3m $5.9m ($1.9m)
Change In Inventory — — ($7.6m) ($2.7m) ($5.0m) ($11.5m)
Change In Payable — — $635k $1.2m $946k $627k
Change In Payables And Accrued Expense — — $5.4m $3.6m $6.8m ($1.2m)
Change In Prepaid Assets — — $789k ($397k) ($1.2m) $1.2m
Change In Receivables — — ($6.1m) ($9.3m) ($9.8m) $6.7m
Change In Working Capital — — ($7.4m) ($8.9m) ($9.2m) ($4.9m)
Changes In Account Receivables — — ($6.1m) ($9.3m) ($9.8m) $6.7m
Changes In Cash — — ($12.6m) ($2.2m) $7.1m $3.2m
End Cash Position — — $12.6m $10.4m $17.5m $20.7m
Financing Cash Flow — — $6.3m $61.5m $123.3m $1.9m
Free Cash Flow — — ($61.2m) ($46.4m) ($22.4m) ($19.3m)
Investing Cash Flow — — $40.0m ($22.1m) ($99.3m) $16.9m
Issuance Of Capital Stock — — $7.8m $106.0m $128.9m $4.0m
Net PPE Purchase And Sale — — ($2.4m) ($4.8m) ($5.4m) ($3.8m)
Operating Gains Losses — ($7.7m) — $1.8m — —
Other Non Cash Items — $493k $552k $287k — —
Proceeds From Stock Option Exercised — $790k $1.8m — — —
Provisionand Write Offof Assets — — $752k $164k $438k $2.0m
Purchase Of PPE — — ($2.4m) ($4.8m) ($5.4m) ($3.8m)
Net Cash Provided by (Used in) Operating Activities ($35.2m) ($44.7m) ($58.9m) ($41.6m) ($16.9m) ($15.5m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $2.5m $1.9m $2.4m $4.8m $5.4m $3.8m
Purchase of short-term investments ($97.9m) ($160.0m) ($212.7m) ($272.3m) ($336.9m) ($239.3m)
Net Investment Purchase And Sale — — $42.3m ($17.3m) ($93.9m) $20.7m
Purchase Of Investment — — ($212.7m) ($272.3m) ($336.9m) ($239.3m)
Maturity of short-term investments $116.0m $80.0m $255.0m $255.0m $243.0m $260.0m
Sale Of Investment — — $255.0m $255.0m $243.0m $260.0m
Net cash (used in) provided by investing activities $15.6m ($81.9m) $40.0m ($22.1m) ($99.3m) $16.9m
Net Cash Provided by (Used in) Investing Activities $15.6m ($81.9m) $40.0m ($22.1m) ($99.3m) $16.9m
Cash flows from financing activities:
Payments of debt issuance costs ($687k) ($132k) ($145k) ($2.2m) $0 $0
Issuance Of Debt — — $0 $20.0m $0 $0
Long Term Debt Issuance — — $0 $20.0m $0 $0
Net Issuance Payments Of Debt — — ($121k) ($40.2m) ($61k) ($26k)
Net Long Term Debt Issuance — — ($121k) ($40.2m) ($61k) ($26k)
Long Term Debt Payments — — ($121k) ($60.2m) ($61k) ($26k)
Repayment Of Debt — — ($121k) ($60.2m) ($61k) ($26k)
Proceeds from Issuance of Common Stock — $12.4m $1.8m $9.5m $20.8m $4.0m
Proceeds from issuance of common stock from public offering $0 $119.6m $0 $54.0m $108.1m $0
Proceeds from issuance of common stock for at-the-market offerings — — $6.0m $42.4m $0 —
Common Stock Issuance — — $7.8m $106.0m $128.9m $4.0m
Net Common Stock Issuance — — $7.8m $106.0m $128.9m $4.0m
Net Other Financing Charges — — ($1.4m) ($4.3m) ($5.5m) ($2.1m)
Net Cash Provided by (Used in) Financing Activities $25.2m $137.3m $6.3m $61.5m $123.3m $1.9m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $0 ($10k) ($9k) $6k ($9k) $3k
Effect of foreign exchange rate on cash, cash equivalents and restricted cash $0 ($10k) ($9k) $6k ($9k) $3k
Effect Of Exchange Rate Changes — — ($9k) $6k ($9k) $3k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $5.6m $10.7m ($12.6m) ($2.2m) $7.1m $3.2m
Net increase (decrease) in cash, cash equivalents and restricted cash $5.6m $10.7m ($12.6m) ($2.2m) $7.1m $3.2m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $14.5m $25.2m $12.6m $10.4m $17.5m $20.7m
Cash, Cash Equivalents, and Short-term Investments — $159.3m $105.8m $127.2m $237.2m $228.1m
Cash, cash equivalents and restricted cash - beginning of period $14.5m $25.2m $12.6m $10.4m $17.5m $20.7m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — ($12.6m) ($2.2m) $7.1m $3.2m
Cash paid for interest on financing leases $411k $3.2m $4.2m $3.5m $21k $0
Income Taxes Paid, Net $61k $20k $3k $8k $24k $58k

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