OOMA INC
For the period ended Jan 31, 2024. Filed Apr 2, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 2, 2024
OOMA$17.81-2.0%Stored close · as of Nov 10, 2026
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEM ENTS OF CASH FLOWS
(Amounts in thousands)
| Fiscal Year Ended | ||||||
|---|---|---|---|---|---|---|
| January 31,2024 · January 31,2023 · January 31,2022 | ||||||
| Cash flows from operating activities: | ||||||
| Net loss | $ | (835) | $ | (3,655) | $ | (1,751) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||||||
| Stock-based compensation expense | 14,833 | 13,903 | 12,682 | |||
| Depreciation and amortization of capital expenditures | 4,317 | 3,771 | 3,117 | |||
| Amortization of intangible assets | 3,711 | 2,286 | 1,304 | |||
| Amortization of operating lease right-of-use assets | 2,966 | 2,978 | 2,939 | |||
| Deferred income tax benefit | (3,131) | (2,133) | — | |||
| Facilities consolidation (gain) charge | (956) | 1,402 | — | |||
| Other | (5) | 38 | 53 | |||
| Changes in operating assets and liabilities: | ||||||
| Accounts receivable, net | (2,587) | 434 | (2,082) | |||
| Inventories and deferred inventory costs | 6,341 | (12,333) | (1,571) | |||
| Prepaid expenses and other assets | (2,280) | (2,460) | (4,609) | |||
| Accounts payable, accrued expenses and other liabilities | (9,579) | 4,509 | (3,599) | |||
| Deferred revenue | (522) | 33 | 172 | |||
| Net cash provided by operating activities | 12,273 | 8,773 | 6,655 | |||
| Cash flows from investing activities: | ||||||
| Proceeds from maturities of short-term investments | 2,750 | 12,705 | 16,505 | |||
| Proceeds from sales of short-term investments | — | — | 300 | |||
| Purchases of short-term investments | — | (3,869) | (17,488) | |||
| Capital expenditures | (6,159) | (5,211) | (4,204) | |||
| Business acquisition | (31,919) | (9,771) | — | |||
| Net cash used in investing activities | (35,328) | (6,146) | (4,887) | |||
| Cash flows from financing activities: | ||||||
| Proceeds from issuance of common stock | 2,664 | 3,397 | 2,706 | |||
| Shares repurchased for tax withholdings on vesting of restricted stock units ("RSU") | (1,741) | (1,554) | (2,105) | |||
| Proceeds from issuance of long-term debt | 18,000 | — | — | |||
| Repayment of long-term debt | (2,000) | — | — | |||
| Credit facility issuance costs | (469) | — | — | |||
| Net cash provided by financing activities | 16,454 | 1,843 | 601 | |||
| Net (decrease) increase in cash and cash equivalents | (6,601) | 4,470 | 2,369 | |||
| Cash and cash equivalents at beginning of period | 24,137 | 19,667 | 17,298 | |||
| Cash and cash equivalents at end of period | $ | 17,536 | $ | 24,137 | $ | 19,667 |
| Supplementary cash flow disclosure: | ||||||
| Cash paid for income taxes, net | $ | 765 | $ | 409 | $ | 34 |
| Non-cash investing and financing activities: | ||||||
| Capital expenditures included in accounts payable at period-end | $ | 188 | $ | 243 | $ | 324 |
| Purchase price receivable for business acquisition (see Note 13) | $ | — | $ | 300 | $ | — |
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