MITEK SYSTEMS, INC.
Cash Flow Statement
| Line Item | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-5.8M | $-1.4M | $-428.0K | $5.2M | $4.7M | $351.0K | $-215.0K | $435.0K |
| Depreciation & Amortization | $391.0K | — | — | — | $343.0K | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $3.8M | — | $4.3M | $4.5M | $4.5M | — | $4.7M | $2.4M |
| Stock-Based Compensation | $3.4M | — | — | — | $2.4M | — | — | — |
| Net Cash from Operating Activities | $-9.5M | — | — | — | $5.3M | — | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | $241.0K | — | — | — | $154.0K | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $17.9M | — | — | — | $18.6M | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | — | — | — | $0 | — | — | — |
| Net Cash from Financing Activities | $-3.1M | — | — | — | $626.0K | — | — | — |
| Net Change in Cash | $5.6M | — | — | — | $25.1M | — | — | — |
| Free Cash Flow | $-9.7M | — | — | — | $5.1M | — | — | — |
Plant trees that other men will sit under.