TBRG · As filed with the SEC
TruBridge cash flow statement, by fiscal year
The statement as TruBridge 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 | FY2025 Year ended Dec 31, 2025 | 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 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net income (loss) | 4,354 | (20,439) | (45,789) | 15,867 | 18,430 | 14,246 | 20,468 | 17,632 |
| Adjustments to net income (loss): | ||||||||
| Provision for expected credit losses | 3,002 | 3,669 | 1,920 | 992 | 2,592 | 4,370 | 2,348 | 3,176 |
| Deferred taxes | 716 | 1,859 | (11,305) | (6,688) | 3,502 | 2,755 | 1,011 | (364) |
| Stock based compensation | 8,661 | 5,520 | 3,271 | 5,173 | 5,457 | 7,005 | 9,822 | 9,715 |
| Excess tax benefit from shared-based compensation | — | — | — | — | — | — | — | 0 |
| Depreciation | 1,092 | 1,346 | 1,946 | 2,443 | 2,156 | 1,790 | 1,407 | 1,795 |
| Gain on sale of business | (53) | (1,529) | — | — | — | — | — | — |
| Amortization of acquisition-related intangibles | 12,190 | 12,505 | 16,426 | 17,403 | 13,786 | 11,421 | 11,006 | 10,487 |
| Amortization of software development costs | 12,995 | 15,122 | 8,096 | 3,484 | 931 | 118 | — | — |
| Amortization of deferred finance costs | 512 | 504 | 359 | 332 | 293 | 317 | 345 | 345 |
| Gain on contingent consideration | — | — | — | (565) | 0 | 0 | (5,000) | — |
| Change in fair value of contingent consideration | 5,000 | (1,044) | 0 | — | — | — | — | — |
| Goodwill impairment | 0 | 0 | 35,913 | — | — | — | 0 | 0 |
| Trademark impairment | 0 | 0 | 2,342 | — | — | — | — | — |
| Loss on extinguishment of debt | 304 | 0 | 0 | 125 | 0 | 202 | 0 | 0 |
| (Gain) loss on disposal of property and equipment | (120) | 3,895 | 117 | 0 | 313 | — | — | — |
| Non-cash operating lease costs | — | — | 1,602 | — | — | — | — | — |
| Non-cash operating lease costs | 1,106 | 2,273 | — | — | — | — | — | — |
| Changes in operating assets and liabilities (net of acquired assets and liabilities): | ||||||||
| Accounts receivable | (4,758) | 94 | (11,319) | (12,428) | (3,204) | 3,667 | 641 | (3,898) |
| Financing receivables | 1,701 | (68) | 2,659 | 6,144 | 8,098 | 6,369 | 3,053 | (9,473) |
| Inventories | 144 | (292) | 309 | 71 | 229 | 342 | 72 | (81) |
| Prepaid expenses and other assets | (2,956) | 3,576 | (4,554) | (2,930) | (3,914) | (3,519) | (1,475) | 549 |
| Accounts payable | 4,965 | 3,734 | 3,075 | (1,429) | (615) | (1,088) | 2,542 | (1,952) |
| Deferred revenue | (3,490) | 2,580 | (2,913) | 61 | 2,099 | (498) | (2,003) | 264 |
| Operating lease liabilities | (1,143) | (1,842) | (2,063) | — | — | — | — | — |
| Other liabilities | (167) | (2,411) | 1,894 | 422 | 401 | 2,097 | (1,418) | (1,336) |
| Income taxes, net | (7,089) | 3,083 | (927) | 3,898 | (2,810) | (452) | 782 | (2,930) |
| Net cash provided by operating activities | 36,966 | 32,135 | 1,059 | 32,375 | 47,744 | 49,142 | 43,601 | 23,929 |
| Investing Activities | ||||||||
| Sale of business, net of cash and cash equivalents sold | 2,102 | 21,410 | — | — | — | — | — | — |
| Purchases of property and equipment | (1,321) | (1,643) | (346) | (270) | (920) | (3,336) | (1,760) | (978) |
| Proceeds from sale of property and equipment | 300 | 2,475 | — | — | — | — | — | — |
| Purchase of business, net of cash received | 0 | (664) | (36,705) | (43,364) | (59,634) | 0 | (10,733) | 0 |
| Sale of investments | — | — | — | — | — | — | — | 0 |
| Investment in software development | (15,806) | (17,457) | (23,059) | (19,097) | (9,365) | (3,328) | — | — |
| Net cash (used in) provided by investing activities | (14,725) | 4,121 | (60,110) | (62,731) | (69,919) | (6,664) | (12,493) | (978) |
| Financing Activities | ||||||||
| Dividends paid | — | — | — | 0 | 0 | (4,337) | (5,729) | (5,620) |
| Proceeds from long-term debt | 70,000 | 0 | 0 | 575 | 0 | 64 | — | 0 |
| Payments of long-term debt principal | (57,250) | (7,500) | (3,500) | (3,563) | (3,750) | (4,069) | (13,609) | (13,105) |
| Proceeds from revolving line of credit | 112,868 | 29,497 | 67,023 | 48,000 | 61,000 | 0 | 11,000 | 7,300 |
| Payments of revolving line of credit | (131,784) | (48,803) | (5,000) | (5,300) | (35,000) | (27,561) | (20,693) | (5,590) |
| Payments on capital lease | — | — | — | — | — | — | (250) | (315) |
| Payments on capital lease | — | — | — | — | 0 | 0 | — | — |
| Payments of contingent consideration | — | — | — | (1,935) | 0 | 0 | (206) | (409) |
| Debt issuance cost | (1,603) | (529) | — | — | — | — | — | — |
| Payments of contingent consideration | — | 0 | 0 | — | — | — | — | — |
| Proceeds from exercise of stock options | — | 0 | 0 | 23 | 0 | 0 | 3 | 0 |
| Excess tax benefit from stock-based compensation | — | — | — | — | — | — | — | 0 |
| Treasury stock purchases | (1,946) | (404) | (2,575) | (11,924) | (1,315) | (1,261) | — | — |
| Net cash (used in) provided by financing activities | (9,715) | (27,739) | 55,948 | 25,876 | 20,935 | (37,164) | (29,484) | (17,739) |
| Increase (decrease) in cash and cash equivalents | — | — | — | — | — | — | — | 5,212 |
| Cash and cash equivalents at beginning of year | — | — | — | — | — | — | 5,732 | 520 |
| Cash and cash equivalents at end of year | — | — | — | — | — | — | — | 5,732 |
| Increase (decrease) in cash and cash equivalents | — | — | — | — | — | — | 1,624 | — |
| Increase (decrease) in cash and cash equivalents | 12,526 | 8,517 | (3,103) | (4,480) | (1,240) | 5,314 | — | — |
| Cash and cash equivalents at beginning of year | 12,324 | 3,848 | 6,951 | 11,431 | 12,671 | 7,357 | 5,732 | — |
| Cash and cash equivalents at end of year | 24,850 | 12,324 | 3,848 | 6,951 | 11,431 | 12,671 | 7,356 | — |
| Supplemental disclosure of cash flow information: | ||||||||
| Cash paid for interest | 14,117 | 16,222 | 9,298 | 5,863 | 2,817 | 3,245 | 6,342 | 7,138 |
| Cash paid for income taxes, net of refunds | 6,042 | 5,261 | 3,659 | 4,765 | 3,503 | 2,235 | 3,193 | 3,771 |
| Fair value of common stock and options issued as consideration for acquisition of HHI | — | — | — | — | — | — | — | 0 |
| Write-off of fully depreciated assets | — | — | — | 0 | 0 | 1,618 | 0 | 8,244 |
| Capital lease obligation | — | — | — | — | — | — | — | 0 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.