RIBBON COMMUNICATIONS INC.
Cash Flow Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-16.8M | $-30.4M | $7.1M | $-13.5M | $-21.5M | $-38.3M | $20.5M | $-18.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $3.4M | $3.4M | $3.5M | $3.5M | $3.5M | $3.5M | $3.6M | $3.9M |
| Amortization | $13.0M | $13.3M | $13.2M | $14.4M | $14.7M | $14.7M | $15.0M | $15.3M |
| Stock-Based Compensation | $3.5M | $4.5M | $4.9M | $5.0M | $6.1M | $5.8M | $5.2M | $4.8M |
| Net Cash from Operating Activities | $-9.8M | $13.1M | $20.1M | $-11.6M | $-2.6M | $11.1M | $16.1M | $-18.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $3.1M | $2.5M | $2.8M | $2.5M | $1.7M | $2.4M | $510.0K | $3.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.2M | $-2.7M | $-2.9M | $-2.5M | $-1.7M | $-2.4M | $908.0K | $-6.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $49.3M | $-5.8M | $-15.7M | $4.5M | $-6.6M | $-30.1M | $-5.3M | $44.6M |
| Net Change in Cash | $36.5M | $4.3M | $2.1M | $-10.1M | $-11.4M | $-21.2M | $11.3M | $17.7M |
| Free Cash Flow | $-12.9M | $10.6M | $17.4M | $-14.2M | $-4.2M | $8.7M | $15.6M | $-21.3M |