IMPINJ INC
For the period ended Mar 31, 2025. Filed Apr 23, 2025.
View on SEC.govAbout this filing
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.
Mar 31, 2025 · Filed Apr 23, 2025
PI$171.81-1.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Operating activities: | ||
| Net income (loss) | $(8,451) | $33,344 |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: | ||
| Depreciation and amortization | 3,521 | 3,909 |
| Stock-based compensation | 12,522 | 11,790 |
| Restructuring equity modification expense | — | 366 |
| Accretion of discount or amortization of premium on investments | (590) | (67) |
| Amortization of debt issuance costs | 414 | 407 |
| Deferred tax expense | (93) | (278) |
| Revaluation of acquisition-related contingent consideration liability | — | 907 |
| Changes in operating assets and liabilities, net of amounts acquired: | ||
| Accounts receivable | (220) | (4,503) |
| Inventory | 896 | 9,400 |
| Prepaid expenses and other assets | 870 | 1,355 |
| Accounts payable | (6,623) | 1,878 |
| Accrued compensation and employee related benefits | (13,401) | (292) |
| Accrued and other liabilities | 405 | 2,182 |
| Operating lease right-of-use assets | 653 | 614 |
| Operating lease liabilities | (887) | (820) |
| Deferred revenue | (159) | (52) |
| Net cash provided by (used in) operating activities | (11,143) | 60,140 |
| Investing activities: | ||
| Purchases of investments | (25,910) | — |
| Proceeds from maturities of investments | 49,000 | 11,248 |
| Purchases of property and equipment | (1,863) | (6,202) |
| Net cash provided by investing activities | 21,227 | 5,046 |
| Financing activities: | ||
| Proceeds from exercise of stock options and employee stock purchase plan | 5,847 | 6,917 |
| Payments of taxes on restricted stock units | (787) | — |
| Net cash provided by financing activities | 5,060 | 6,917 |
| Effect of exchange rate changes on cash and cash equivalents | 120 | (44) |
| Net increase in cash and cash equivalents | 15,264 | 72,059 |
| Cash and cash equivalents | ||
| Beginning of period | 46,053 | 94,793 |
| End of period | $61,317 | $166,852 |
| Supplemental disclosure of cashflow information: | ||
| Purchases of property and equipment not yet paid | 940 | 299 |
| Acquisition-related contingent consideration liability | — | 7,087 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.