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Income Statement
Balance Sheet
Cash Flow Statement
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Op Efficiency
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Markforged Holding Corp

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Jun-05-23Mar-31-23Mar-05-23Dec-31-22Sep-30-22Sep-05-22Jun-30-22
   10-Q8-K10-Q8-K10-K10-Q8-K10-Q
Operating Activities:          
    Net (loss) profit  -19.0 -19.0 14.7-23.0 4.1
    Adjustments to reconcile net profit (loss) to cash used in operating activities          
    Depreciation, amortization, and non-cash lease interest  4.2 2.4    2.5
    Provision for doubtful accounts  -0.3 -0.5  0.2 0.2
    Reserve for excess and obsolete inventory  0.0 0.2  0.2 0.0
    Change in fair value of warrant liabilities  -0.1 -0.2 1.20.4 -1.0
    Change in fair value of contingent earnout liability  0.8 -0.8 51.00.7 -26.7
    Amortization (accretion) of (discounts) premiums on available-for-sale securities  -0.6 -0.7     
    Stock-based compensation expense  1.7 4.4  5.3 4.9
    Long-lived asset impairment  4.0       
    Changes in operating assets and liabilities, net of effects of businesses acquired          
    Accounts receivable  -0.7 3.7 3.1-3.2 -3.9
    Inventory  -0.4 -3.0 12.2-3.1 -6.5
    Prepaid expenses  1.4 0.5 -1.5-2.2 2.3
    Other current assets  0.1 0.0 2.2-0.2 -0.6
    Other assets  -0.3 0.1 0.9-0.3 -0.4
    Accounts payable and accrued expenses  -2.1 -2.1 3.2-0.3 4.7
    Other current liabilities  -0.4   0.10.0  
    Deferred revenue  -0.5 0.8    -0.3
    Other long term liabilities          
    Other non-current lease liabilities  -2.5 -1.2 4.0-2.0 -1.4
        Net cash used in operating activities  -15.2 -15.5 -8.2-23.7 -22.3
   
Investing Activities:          
    Purchases of property and equipment  -0.5 -1.6 17.4-4.5 -0.7
    Cash paid for acquisitions, net of cash acquired      71.6-33.6 -2.0
    Purchases of available-for-sale securities    -19.0     
    Proceeds from sales and maturities of marketable securities  11.0 2.5     
        Net cash used in investing activities  10.5 -18.1 -49.3-38.1 -2.8
   
Financing Activities:          
    Acquisition Holdback Payment  -0.3       
    Proceeds from the exercise of common stock options  0.0 0.2 0.10.6 0.9
    Taxes paid related to net share settlement of equity awards  0.0 -0.1    -0.3
        Net cash provided by (used in) financing activities  -0.3 0.1 0.00.4 0.6
Effect of exchange rate changes on cash  -0.1 0.0     
    Net change in cash, cash equivalents, and restricted cash  -5.0 -33.6    -24.5
   
Cash and cash equivalents and restricted cash          
   
Supplemental disclosures of cash flow information          
Cash and cash equivalents          
   
Non-cash financing and investing activities          
Purchase of property and equipment in accounts payable and accrued expenses  -0.8 0.9 1.62.6 0.0
Common Stock issued for acquisitions      -0.810.6 2.4
Additions to right of use assets and liabilities         36.2

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