ALPHATEC HOLDINGS, INC.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Sep 2025 | Jun 2025 | Mar 2025 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-25.8M | $-33.9M | $-28.6M | $-41.1M | $-51.9M | $-39.6M | $-40.7M | $-48.5M |
| Depreciation & Amortization | $15.2M | $19.1M | $14.9M | $15.0M | $19.9M | $16.5M | $15.7M | $17.9M |
| Depreciation | — | — | — | — | — | $16.5M | $15.7M | $13.7M |
| Amortization | $3.9M | $3.9M | $3.7M | $3.8M | $4.1M | $3.8M | $3.8M | $3.9M |
| Stock-Based Compensation | — | $23.7M | — | — | $22.3M | — | — | $17.3M |
| Net Cash from Operating Activities | $20.5M | $1.3M | $14.0M | $15.5M | $-5.0M | $-5.3M | $-11.4M | $-38.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $19.9M | $12.1M | $9.2M | $10.3M | $9.9M | $15.8M | $34.1M | $31.3M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | — | $-19.9M | — | — | $-11.6M | — | — | $-33.6M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | $-1.8M | — | — | $30.8M | — | — | $-4.4M |
| Net Change in Cash | — | $-20.9M | — | — | $14.4M | — | — | $-76.9M |
| Free Cash Flow | $582.0K | $-10.8M | $4.8M | $5.2M | $-15.0M | $-21.2M | $-45.5M | $-69.8M |