Q - Digital Turbine,
For the period ended Jun 30, 2025. Filed Aug 5, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 5, 2025
APPS$7.25-35.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands)
| Three months ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities | ||
| Net (loss) income | $(14,104) | $(25,156) |
| Adjustments to reconcile net (loss) income to net cash provided by operating activities: | ||
| Depreciation and amortization | 23,337 | 20,819 |
| Non-cash interest expense | 1,154 | 301 |
| Allowance for credit losses | 788 | 214 |
| Stock-based compensation expense | 6,267 | 8,168 |
| Foreign exchange transaction loss (gain) | 914 | (818) |
| Non-cash lease expense | 790 | 742 |
| (Increase) decrease in assets: | ||
| Accounts receivable, gross | (22,917) | (5,116) |
| Prepaid expenses | 595 | 813 |
| Value-added tax receivable | (368) | (1,772) |
| Other current assets | (727) | 372 |
| Right-of-use asset | (141) | (321) |
| Other non-current assets | 291 | 514 |
| Increase (decrease) in liabilities: | ||
| Accounts payable | (26,939) | 9,058 |
| Accrued revenue share | 44,493 | (7,556) |
| Accrued compensation | 2,112 | (299) |
| Other current liabilities | (6,276) | 619 |
| Deferred income taxes | 797 | (2,074) |
| Other non-current liabilities | (1,278) | 140 |
| Net cash provided by (used in) operating activities | 8,788 | (1,352) |
| Cash flows from investing activities | ||
| Capital expenditures | (7,616) | (5,931) |
| Net cash used in investing activities | (7,616) | (5,931) |
| Cash flows from financing activities | ||
| Proceeds from borrowings | — | 17,000 |
| Payment of debt issuance costs | (9,298) | — |
| Payment of deferred business acquisition consideration | (534) | — |
| Repayment of debt obligations | (40) | (7,000) |
| Payment of withholding taxes for net share settlement of equity awards | (144) | (48) |
| Options exercised | 1,560 | 14 |
| Net cash provided by (used in) financing activities | (8,456) | 9,966 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 1,332 | (559) |
| Net change in cash, cash equivalents, and restricted cash | (5,952) | 2,124 |
| Cash, cash equivalents, and restricted cash, beginning of period | 40,084 | 33,605 |
| Cash, cash equivalents, and restricted cash, end of period | $34,132 | $35,729 |
Condensed Consolidated Statements of Cash Flows
(in thousands)
| Three months ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Reconciliation of cash, cash equivalents, and restricted cash | ||
| Cash and cash equivalents | $33,427 | $35,042 |
| Restricted cash | 705 | 687 |
| Total cash, cash equivalents and restricted cash | $34,132 | $35,729 |
| Supplemental disclosure of cash flow information | ||
| Interest paid | $8,665 | $8,104 |
| Income taxes paid | $3,066 | $703 |
| Supplemental disclosure of non-cash activities | ||
| Assets acquired not yet paid | $326 | $403 |
| Right-of-use assets acquired under operating leases | $— | $888 |
| Fair value of unpaid contingent consideration in connection with business acquisitions | $644 | $1,015 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.