Alphatec Holdings, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-143.4M | $-162.1M | $-186.6M | $-151.3M | $-143.0M | $-79.0M | $-57.0M | $-29.0M |
| Depreciation & Amortization | $77.5M | $78.4M | $56.1M | $41.2M | $26.8M | $10.9M | $7.6M | $6.8M |
| Depreciation | $60.4M | $62.1M | $40.9M | $31.0M | $20.3M | $9.2M | $6.8M | $6.0M |
| Amortization | $15.1M | $16.3M | $14.3M | $10.1M | $5.3M | $688.0K | $698.0K | $738.0K |
| Stock-Based Compensation | $73.7M | $73.3M | $81.2M | $40.6M | $36.5M | $17.7M | $11.0M | $5.3M |
| Net Cash from Operating Activities | $45.2M | $-44.7M | $-78.5M | $-75.1M | $-73.3M | $-46.4M | $-33.1M | $-25.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $42.5M | $83.2M | $80.5M | $49.5M | $68.5M | $23.1M | $13.0M | $6.5M |
| Business Acquisitions | $0 | $0 | $55.0M | — | $62.1M | — | — | $15.1M |
| Net Cash from Investing Activities | $-53.4M | $-93.1M | $-142.0M | $-58.3M | $-157.8M | $-23.9M | $-13.0M | $-21.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | $25.0M | — | — | — |
| Net Cash from Financing Activities | $30.0M | $56.2M | $356.9M | $31.2M | $312.0M | $130.8M | $64.2M | $53.9M |
| Net Change in Cash | $22.0M | $-82.1M | $136.3M | $-102.6M | $79.5M | $60.7M | $18.1M | $6.6M |
| Free Cash Flow | $2.8M | $-127.9M | $-159.0M | $-124.6M | $-141.9M | $-69.5M | $-46.2M | $-32.1M |