Alphatec Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-154.96	-162.12	-186.64	-151.29	-143.03	-78.99
Depreciation & Amortization	83.49	83.32	59.68	43.93	30.17	11.63
Other Amortization	16.81	4.46	3.63	2.04	1.87	3.97
Loss (Gain) From Sale of Assets	2.11	3.07	3.71	2.59	1.98	0.5
Loss (Gain) From Sale of Investments	-	-	-	-	3	-
Stock-Based Compensation	75.85	73.28	81.24	40.56	36.45	17.66
Other Operating Activities	38.53	20.62	14.06	10.98	21.3	14.77
Change in Accounts Receivable	-23.62	-14.59	-12.8	-18.83	-10.14	-7.48
Change in Inventory	0.88	-54.66	-45.56	-20.7	-27.75	-18.19
Change in Accounts Payable	-22.68	9.67	6.99	9.8	0.76	7.13
Change in Unearned Revenue	-1.57	-3.26	1.79	-2.28	-1.04	-
Change in Other Net Operating Assets	20.24	-4.44	-4.6	8.08	13.12	2.59
Operating Cash Flow	35.07	-44.65	-78.49	-75.13	-73.32	-46.41
Capital Expenditures	-31.47	-83.22	-80.51	-49.45	-68.54	-23.13
Sale of Property, Plant & Equipment	-	-	-	-	-	0.03
Cash Acquisitions	-	-	-55	-	-83.23	-
Sale (Purchase) of Intangibles	-6.96	-9.91	-6.47	-8.83	-	-0.76
Investment in Securities	-3	-	-	-	-3	-
Other Investing Activities	-	-	-	-	-2.99	-
Investing Cash Flow	-41.42	-93.14	-141.98	-58.28	-157.76	-23.86
Long-Term Debt Issued	-	222.98	282.47	62.5	316.25	76.46
Long-Term Debt Repaid	-	-164.18	-132.82	-27.5	-53.09	-56.62
Net Debt Issued (Repaid)	122.21	58.8	149.66	35	263.16	19.85
Issuance of Common Stock	-	-	213.18	-	131.83	111.04
Repurchase of Common Stock	-	-	-	-	-25	-
Other Financing Activities	-41.76	-2.59	-5.92	-3.77	-58.02	-0.06
Financing Cash Flow	80.45	56.21	356.92	31.23	311.97	130.83
Foreign Exchange Rate Adjustments	0.66	-0.55	-0.19	-0.37	-1.4	0.09
Net Cash Flow	74.77	-82.13	136.27	-102.55	79.48	60.65
Free Cash Flow	3.61	-127.87	-158.99	-124.59	-141.86	-69.54
Free Cash Flow Margin	0.50%	-20.91%	-32.97%	-35.51%	-58.33%	-48.01%
Free Cash Flow Per Share	0.02	-0.90	-1.31	-1.21	-1.48	-1.04
Cash Interest Paid	23.74	20.32	17.27	3.86	5.03	6.33
Cash Income Tax Paid	0.35	0.28	0.33	0.27	0.22	0.19
Levered Free Cash Flow	66.28	-78.58	-73.14	-55.38	-96.77	-23.68
Unlevered Free Cash Flow	74.59	-67.49	-66.38	-53.97	-94.2	-19.92
Change in Working Capital	-26.76	-67.27	-54.18	-23.94	-25.06	-15.95

Source: S&P Global Market Intelligence. Standard template. Financial Sources.