MITEK SYSTEMS, INC.
Cash Flow Statement
| Line Item | Dec 2021 | Sep 2021 | Jun 2021 | Mar 2021 | Dec 2020 | Sep 2020 | Jun 2020 | Mar 2020 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.1M | $1.8M | $3.0M | $1.0M | $2.2M | $5.0M | $1.3M | $909.0K |
| Depreciation & Amortization | $284.0K | — | — | — | $390.0K | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $2.2M | — | $1.9M | $1.7M | $1.7M | — | $1.6M | $1.6M |
| Stock-Based Compensation | $3.1M | — | — | — | $2.7M | — | — | — |
| Net Cash from Operating Activities | $2.3M | — | — | — | $8.7M | — | — | — |
| Investing Activities | ||||||||
| Capital Expenditures | $295.0K | — | — | — | $400.0K | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $2.1M | — | — | — | $-4.4M | — | — | — |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $10.1M | — | — | — | $0 | — | — | — |
| Net Cash from Financing Activities | $-10.1M | — | — | — | $1.9M | — | — | — |
| Net Change in Cash | $-6.1M | — | — | — | $6.7M | — | — | — |
| Free Cash Flow | $2.0M | — | — | — | $8.3M | — | — | — |
Buy cheap and sell dear.