← STAAR SURGICAL CO

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — $39.7m $21.3m ($20.2m) ($80.4m) —
Net Income (Loss) Attributable to Parent ($2.1m) $5.0m $14.0m $14.0m $24.5m $38.8m $21.3m ($20.2m) ($80.4m) ($80.4m)
Amortization of Intangible Assets $221k $34k $34k — $34k $28k $13k — — —
Capitalized Computer Software, Amortization — — — — — — $0 $0 $409k —
Depreciation $3.1m $2.4m $3.7m — $3.6m $4.5m $5.1m $6.9m $8.3m —
Depreciation of property, plant, and equipment $3.1m $2.4m — $3.7m $3.1m $4.5m $5.1m $6.9m — $8.3m
Amortization of intangibles $221k $34k — $34k $35k $28k $13k $0 $409k —
Accretion/amortization of investments available for sale — — — — — ($1.2m) ($2.5m) ($1.1m) — ($198k)
Amortization Cash Flow — — — — — $28k $13k $0 $409k —
Amortization Of Securities — — — — — ($1.2m) ($2.5m) ($1.1m) ($198k) —
Depreciation Amortization Depletion — — — — — $4.5m $5.1m $6.9m $8.7m —
Deferred Income Tax Expense (Benefit) ($547k) $441k ($3.5m) — $1.5m ($1.3m) $3.3m $3.6m ($2.9m) —
Deferred income taxes ($547k) $441k — ($3.5m) ($849k) ($1.3m) $3.3m $3.6m — ($2.9m)
Deferred Income Tax — — — — — ($2.3m) $3.3m $3.6m ($2.9m) —
Deferred Tax — — — — — ($2.3m) $3.3m $3.6m ($2.9m) —
Share-based Payment Arrangement, Noncash Expense $3.2m $6.8m $10.5m — $14.6m $20.4m $23.5m $27.2m $30.6m —
Payment, Tax Withholding, Share-based Payment Arrangement $234k $54k — — — — $2.1m $1.5m $1.5m —
Share-based Payment Arrangement, Expense $3.5m $6.8m $10.5m — $14.6m $20.4m $23.5m $27.2m $30.6m —
Gain (Loss) on Sale of Assets and Asset Impairment Charges $599k — — — — — — — — —
Impairment of Intangible Assets, Finite-lived — — — — — — $154k — — —
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss — — — — — $0 $0 — — —
Operating Lease, Impairment Loss — — — — — — — — $4.9m —
Restructuring Costs and Asset Impairment Charges — — — — — — — — $28.6m —
Share-based Payment Arrangement, Expensed and Capitalized, Amount — $7.4m $11.6m — $15.9m $22.3m $25.2m $28.6m $31.3m —
Asset Impairment Charge — — — — — $0 $154k $0 $15.4m —
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property ($623k) ($10k) ($14k) ($10.1m) ($2k) ($65k) ($73k) ($1.7m) ($74k) ($5.8m)
Gain (Loss) on Disposition of Other Assets — — — — — — — — $1.5m —
Gain (Loss) on Disposition of Property Plant Equipment $0 $10k $14k ($10.1m) $2k $65k $73k $1.7m $74k ($5.8m)
Income Tax Expense (Benefit) ($157k) $1.7m ($1.0m) — $6.8m $6.8m $12.3m $11.2m ($1.8m) —
Operating Lease, Expense — — — — — — — — $3.6m —
Other Nonoperating Income (Expense) $47k $82k $152k — ($48k) $205k $448k $815k $2.3m —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $1.9m $6.0m $4.5m — $8.9m $19.6m $32.8m ($16.5m) ($27.8m) —
Increase (Decrease) in Inventories ($312k) $4.2m $950k — ($66k) $7.9m $14.4m $10.0m $17.0m —
Increase (Decrease) in Accounts Payable ($2.5m) $243k $1.1m — $108k $1.8m ($701k) $75k ($5.5m) —
Accretion Expense — — — — — — — — — —
Asset Retirement Obligation, Accretion Expense — — — — — $47k — — — —
Foreign Currency Transaction Gain (Loss), before Tax $819k ($836k) ($517k) — ($3.0m) ($1.7m) ($1.9m) ($3.7m) $2.6m —
General and Administrative Expense $20.7m $24.3m $29.3m — $44.1m $54.7m $72.3m $89.9m $85.8m —
Goodwill $1.8m $1.8m $1.8m — $1.8m $1.8m $1.8m $1.8m $1.8m —
Inventory Write-down — $1.5m $1.6m — $1.7m $2.4m $4.9m $2.8m $5.3m —
Investment Income, Interest — — — — — — — — — —
Nonoperating Income (Expense) $1.3m $44k $1.2m — ($2.0m) $1.8m $5.6m $3.6m $9.4m —
Proceeds from Stock Options Exercised — $5.2m $3.5m — $19.4m $8.4m $9.7m $7.4m $3.5m —
Change in net pension liability $186k $231k — $359k $656k $53k ($956k) $26k — ($249k)
Stock-based compensation expense $3.2m $6.8m — $10.5m $12.1m $20.4m $23.5m $27.2m — $30.6m
Change in asset retirement obligation — — — — — $47k ($102k) ($53k) — $4k
Provision for sales returns and credit losses $463k $905k — $275k $835k $913k $663k $286k — $3.7m
Inventory provision $1.7m $1.5m — $1.6m $1.7m $2.4m $4.9m $2.8m — $5.3m
Accounts receivable ($1.9m) ($6.0m) — ($4.5m) ($4.0m) ($19.6m) ($32.8m) $16.5m — $27.8m
Inventories $312k ($4.2m) — ($950k) ($1.4m) ($7.9m) ($14.4m) ($10.0m) — ($17.0m)
Prepayments, deposits, and other assets — — — — ($711k) ($2.5m) ($3.4m) ($15.4m) — ($1.4m)
Cloud-based software — — — — — — ($2.4m) ($13.4m) — ($15.8m)
Accounts payable ($2.5m) $243k — $1.1m ($812k) $1.8m ($701k) $75k — ($5.5m)
Other current liabilities and non-currnet liabilities — — — — — — $7.1m ($169k) — ($4.6m)
Repayment of finance lease obligations ($1.3m) ($1.9m) — ($1.3m) ($561k) ($126k) ($161k) ($165k) — ($42k)
Proceeds from the exercise of stock options $4.0m $5.2m — $3.5m $20.6m $8.4m $9.7m $7.4m — $3.5m
Proceeds from vested restricted and performance stock units — — — — — — $1k $2k — $3k
Beginning Cash Position — — — — — $199.7m $86.5m $183.0m $144.2m —
Cash Flow From Continuing Financing Activities — — — — — $8.3m $7.4m $5.7m ($4.6m) —
Cash Flow From Continuing Investing Activities — — — — — ($156.4m) $74.3m ($59.2m) $46.3m —
Change In Account Payable — — — — — $1.8m ($701k) $75k ($5.5m) —
Change In Inventory — — — — — ($7.9m) ($14.4m) ($10.0m) ($17.0m) —
Change In Other Current Assets — — — — — — ($2.4m) ($13.4m) ($15.8m) —
Change In Other Current Liabilities — — — — — ($591k) $7.1m ($169k) ($4.6m) —
Change In Payable — — — — — $1.8m ($701k) $75k ($5.5m) —
Change In Payables And Accrued Expense — — — — — $1.8m ($701k) $75k ($5.5m) —
Change In Prepaid Assets — — — — — ($2.5m) ($1.0m) ($2.0m) ($1.4m) —
Change In Receivables — — — — — ($19.6m) ($32.8m) $16.5m $27.8m —
Change In Working Capital — — — — — ($28.9m) ($44.1m) ($9.0m) ($16.3m) —
Changes In Account Receivables — — — — — ($19.6m) ($32.8m) $16.5m $27.8m —
Changes In Cash — — — — — ($112.4m) $96.4m ($37.8m) $7.6m —
End Cash Position — — — — — $86.5m $183.0m $144.2m $153.2m —
Financing Cash Flow — — — — — $8.3m $7.4m $5.7m ($4.6m) —
Free Cash Flow — — — — — $17.6m ($3.6m) ($7.7m) ($40.0m) —
Gain Loss On Sale Of PPE — — — — — $65k $73k $1.7m ($1.4m) —
Investing Cash Flow — — — — — ($156.4m) $74.3m ($59.2m) $46.3m —
Issuance Of Capital Stock — — — — — $1k $1k $2k $3k —
Net PPE Purchase And Sale — — — — — ($18.1m) ($18.2m) ($23.4m) ($5.8m) —
Operating Gains Losses — — — — — $118k ($883k) $1.7m ($1.6m) —
Other Non Cash Items — — — — — $47k $3.2m $3.5m $3.6m —
Pension And Employee Benefit Expense — — — — — $53k ($956k) $26k ($249k) —
Proceeds From Stock Option Exercised — — — — — $8.4m $9.7m $7.4m $3.5m —
Provisionand Write Offof Assets — — — — — $3.3m $5.5m $3.1m $9.0m —
Purchase Of PPE $1.0m $2.2m $10.1m $8.4m $13.6m ($18.1m) ($18.2m) ($23.4m) ($5.8m) —
Repurchase Of Capital Stock — — — — — $0 ($2.1m) ($1.5m) ($8.0m) —
Stock Based Compensation — — — — — $20.4m $23.5m $27.2m $30.6m —
Net Cash Provided by (Used in) Operating Activities $2.9m $12.8m $25.8m $25.8m $44.0m $35.7m $14.6m $15.7m ($34.2m) ($34.2m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.0m $2.2m $10.1m — $13.6m $18.1m $18.2m $23.4m $5.8m —
Purchase of investments available for sale — — — — — ($155.7m) ($52.3m) ($80.2m) — ($75.4m)
Net Investment Purchase And Sale — — — — — ($138.3m) $92.5m ($35.8m) $52.2m —
Purchase Of Investment — — — — — ($155.7m) ($52.3m) ($80.2m) ($75.4m) —
Proceeds from maturity of investments available for sale — — — — — $17.1m $143.5m $43.1m — $124.1m
Proceeds from sale or maturity of investments available for sale — — — — — $17.5m $144.8m — — —
Proceeds from sale of investments available for sale — — — — — $359k $1.3m $1.3m — $3.4m
Sale Of Investment — — — — — $17.5m $144.8m $44.4m $127.5m —
Net Cash Provided by (Used in) Investing Activities ($1.0m) ($2.2m) ($10.2m) ($10.2m) ($13.6m) ($156.4m) $74.3m ($59.2m) $46.3m $46.3m
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale — — — — — — — $43.1m $124.1m —
Net Issuance Payments Of Debt — — — — — ($126k) ($161k) ($165k) ($42k) —
Net Long Term Debt Issuance — — — — — ($126k) ($161k) ($165k) ($42k) —
Net Short Term Debt Issuance — — — — ($1.3m) $0 $0 — — —
Long Term Debt Payments — — — — — ($126k) ($161k) ($165k) ($42k) —
Repayment Of Debt — — — — — ($126k) ($161k) ($165k) ($42k) —
Short Term Debt Payments — — — — ($1.3m) $0 $0 — — —
Common Stock Issuance — — — — — $1k $1k $2k $3k —
Net Common Stock Issuance — — — — — $1k ($2.1m) ($1.5m) ($8.0m) —
Payments for Repurchase of Common Stock — — — — — — — — $6.5m —
Repurchase of employee common stock for taxes withheld ($234k) ($54k) — — — — ($2.1m) ($1.5m) — ($1.5m)
Common Stock Payments — — — — — $0 ($2.1m) ($1.5m) ($8.0m) —
Net Cash Provided by (Used in) Financing Activities $2.4m $74.6m $149k $149k $17.8m $8.3m $7.4m $5.7m ($4.6m) ($4.6m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $197k $203k — ($857k) ($862k) $202k ($1.1m) $1.4m —
Effect of exchange rate changes on cash and cash equivalents $279k $197k — $203k $367k ($862k) $202k ($1.1m) — $1.4m
Effect Of Exchange Rate Changes — — — — — ($862k) $202k ($1.1m) $1.4m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $4.5m $85.4m $16.0m — $47.3m ($113.2m) $96.6m ($38.9m) $9.0m —
Increase (decrease) in cash and cash equivalents $4.5m $85.4m — $16.0m $32.5m ($113.2m) $96.6m ($38.9m) — $9.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $18.6m $104.0m $120.0m — $199.7m $86.5m $183.0m $144.2m $153.2m —
Cash and cash equivalents, at beginning of year $18.6m $104.0m — $120.0m $152.5m $86.5m $183.0m $144.2m — $153.2m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — ($113.2m) $96.6m ($38.9m) $9.0m —
Interest Paid Supplemental Data — — — — — $52k $75k $87k $122k —
Income Taxes Paid, Net — — — — $7.5m $6.6m $2.8m $11.0m $7.8m —

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