CCRD · As filed with the SEC
CoreCard cash flow statement, by fiscal year
The statement as CoreCard presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD thousands
| USD thousands | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 | FY2018 Year ended Dec 31, 2018 | FY2017 Year ended Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| OPERATING ACTIVITIES: | ||||||||
| Net income | — | — | — | — | — | — | 6,244,000 | 473,000 |
| Net income | 5,448 | 3,395 | 13,881 | 9,039 | 8,161 | 10,969 | — | — |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation and amortization | 3,566 | 6,256 | 5,697 | 3,796 | 2,138 | 1,012 | 614 | 330 |
| Stock-based compensation expense | 1,308 | 150 | 210 | 319 | 386 | 191 | 62 | 52 |
| Gain on sale of investment | — | — | — | — | (125) | (34) | — | (1,838) |
| Benefit for deferred income taxes | (974) | (1,573) | (77) | 227 | 543 | 555 | (280) | — |
| Non-cash investment loss | — | — | — | — | 1,009,000 | — | 363,000 | 103,000 |
| Non-cash interest income | — | — | — | — | (131,000) | (49,000) | (59,000) | (16,000) |
| Non-cash investment loss | — | — | — | 0 | — | — | — | — |
| Non-cash investment loss | 0 | 1,000 | 1,450 | — | — | — | — | — |
| Non-cash interest income | — | — | (55) | 0 | — | — | — | — |
| Equity in loss (gain) of affiliate company | 684 | 773 | (275) | 172 | 400 | 332 | 25 | 39 |
| Loss on disposal of property and equipment | — | — | — | — | — | — | — | 2,000 |
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable, net | (2,699) | 5,684 | (7,673) | (2,277) | 5,489 | (5,028) | (2,523) | 121 |
| Interest receivable | — | — | — | (125) | — | — | 33 | — |
| Other current assets | (243) | (983) | (1,756) | (605) | (358) | 224 | 1,171 | (1,213) |
| Other long-term assets | (418) | 254 | (25) | (61) | 22 | 61 | (51) | (72) |
| Accounts payable | (355) | (690) | 751 | 321 | 311 | 131 | (49) | 20 |
| Accrued payroll | 684 | 284 | (257) | 244 | (602) | 1,358 | 550 | 80 |
| Deferred revenue, current portion | — | — | — | — | 633,000 | (92,000) | (72,000) | (621,000) |
| Deferred revenue, current portion | (277) | 1,216 | (1,169) | 941 | — | — | — | — |
| Accrued expenses | (248) | 446 | 121 | 83 | 168 | 82 | (27) | 55 |
| Other current liabilities | (528) | 806 | (1,268) | (2,869) | 2,945 | 961 | 595 | 70 |
| Deferred revenue, net of current portion | — | — | — | — | (23,000) | (88,000) | 60,000 | (34,000) |
| Other long-term liabilities | — | — | — | — | — | — | — | (18,000) |
| Net cash used for operating activities | — | — | — | — | — | — | — | (2,467,000) |
| Deferred revenue, net of current portion | (147) | (208) | 309 | 164 | — | — | — | — |
| Net cash provided by operating activities | 5,801 | 16,810 | 9,864 | 8,915 | 20,966 | 10,585 | 6,656 | — |
| INVESTING ACTIVITIES: | ||||||||
| Purchases of property and equipment | (4,908) | (5,245) | (8,735) | (5,425) | (6,875) | (1,676) | (865) | (894) |
| Advances on note and interest receivable | — | — | — | — | (1,000,000) | (2,000,000) | (1,035,000) | (1,250,000) |
| Purchase of long-term investment | — | — | — | — | — | — | — | (1,000,000) |
| Advances on note and interest receivable | (200) | (650) | 0 | (550) | — | — | — | — |
| Purchase of intangible asset | — | — | 0 | (400) | — | — | — | — |
| Purchase of long-term investment | — | — | — | (1,800) | — | — | — | — |
| Purchase of long-term investment | (398) | (655) | 0 | — | — | — | — | — |
| Proceeds from payments on notes receivable | 203 | 202 | 220 | 183 | — | — | — | — |
| Proceeds from sale of investments | — | — | — | 0 | 135 | 379 | — | 1,936 |
| Purchases of marketable securities | (2,186) | (2,521) | (6,944) | — | — | — | — | — |
| Maturities of marketable securities | 2,021 | 2,264 | 1,975 | — | — | — | — | — |
| Net cash used in investing activities | (5,468) | (6,605) | (13,484) | (7,992) | (7,740) | (3,297) | (1,900) | (1,208) |
| us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract | ||||||||
| Sale of capital stock pursuant to exercise of option | — | — | 0 | 107 | — | 210 | 111 | — |
| Repurchases of common stock | (7,638) | (3,653) | (5,335) | (9,688) | (1,639) | — | — | — |
| Net cash used in financing activities | (7,638) | (3,653) | (5,335) | (9,581) | (1,639) | 210 | 111 | — |
| Effects of exchange rate changes on cash | — | — | — | — | — | (2,000) | 28,000 | (25,000) |
| Net increase in cash | — | — | — | — | — | 7,496,000 | 4,895,000 | (3,700,000) |
| Cash at beginning of year | — | — | — | — | 26,415,000 | 18,919,000 | 14,024,000 | 17,724,000 |
| Cash at end of year | — | — | — | — | — | 26,415,000 | 18,919,000 | 14,024,000 |
| Effects of exchange rate changes on cash | (132) | (33) | 110 | (54) | (46) | — | — | — |
| Net (decrease) increase in cash | (7,437) | 6,519 | (8,845) | (8,712) | 11,541 | — | — | — |
| Cash at beginning of year | 26,918 | 20,399 | 29,244 | 37,956 | 26,415 | — | — | — |
| Cash at end of year | 19,481 | 26,918 | 20,399 | 29,244 | 37,956 | — | — | — |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||||
| Cash paid for income taxes | — | — | — | — | — | — | — | 28,000 |
| Cash paid during the period for income taxes | 1,978 | 1,347 | 6,615 | 2,767 | 1,826 | 1,159 | — | — |
| Purchases of property and equipment, accrued but not paid | 82 | 461 | 225 | 1,728 | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.