ANI PHARMACEUTICALS INC
For the period ended Mar 31, 2026. Filed May 8, 2026.
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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.
Mar 31, 2026 · Filed May 8, 2026
ANIP$71.25+5.1%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
| Three Months Ended March 31, | ||
|---|---|---|
| 2026 | 2025 | |
| Cash Flows From Operating Activities | ||
| Net income | $29,492 | $15,681 |
| Adjustments to reconcile net income to net cash and cash equivalents provided by operating activities: | ||
| Stock-based compensation | 10,191 | 8,868 |
| Deferred taxes | 2,515 | (3,383) |
| Depreciation and amortization | 20,919 | 22,891 |
| Unrealized (gain) loss on investment in equity securities | (5,753) | 921 |
| Non-cash operating lease expense | 453 | 452 |
| Non-cash interest | 358 | 324 |
| Contingent consideration fair value adjustment | (182) | (12,092) |
| Changes in operating assets and liabilities: | ||
| Accounts receivable, net | 25,528 | 1,782 |
| Inventories | (437) | (625) |
| Prepaid expenses and other assets | 2,687 | (3,945) |
| Accounts payable | 5,358 | 5,549 |
| Accrued royalties | (14,655) | 1,087 |
| Income taxes | 14,087 | 7,439 |
| Accrued government rebates | (4,737) | 3,930 |
| Returned goods reserve | (6,451) | 3,189 |
| Accrued expenses, accrued compensation, and other | (20,998) | (17,077) |
| Net Cash and Cash Equivalents Provided by Operating Activities | 58,375 | 34,991 |
| Cash Flows From Investing Activities | ||
| Acquisition of product rights, intangible assets, and other related assets | (5,250) | (17,372) |
| Acquisition of property and equipment, net | (6,074) | (2,474) |
| Net Cash and Cash Equivalents Used in Investing Activities | (11,324) | (19,846) |
| Cash Flows From Financing Activities | ||
| Principal payments on borrowings | (4,063) | (2,031) |
| Series A convertible preferred stock dividends paid | — | (406) |
| Proceeds from stock option exercises and ESPP purchases | 2,202 | 2,534 |
| Treasury stock purchases for restricted stock vests | (19,755) | (10,003) |
| Net Cash and Cash Equivalents Used in Financing Activities | (21,616) | (9,906) |
| Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash | 156 | (297) |
| Net Change in Cash, Cash Equivalents, and Restricted Cash | 25,591 | 4,942 |
| Cash, cash equivalents, and restricted cash, beginning of period | 285,621 | 144,894 |
| Cash, cash equivalents, and restricted cash end of period | $311,212 | $149,836 |
| Reconciliation of cash, cash equivalents, and restricted cash, beginning of period | ||
| Cash and cash equivalents | $285,585 | $144,861 |
| Restricted cash | 36 | 33 |
| Cash, cash equivalents, and restricted cash, beginning of period | $285,621 | $144,894 |
| Reconciliation of cash, cash equivalents, and restricted cash, end of period | ||
| Cash and cash equivalents | $311,176 | $149,802 |
| Restricted cash | 36 | 34 |
| Cash, cash equivalents, and restricted cash, end of period | $311,212 | $149,836 |
| Supplemental disclosure for cash flow information: | ||
| Cash paid for interest, net of amounts capitalized | $7,824 | $8,895 |
| Cash paid for income taxes, net of refunds received | $(6,065) | $285 |
| Supplemental non-cash investing and financing activities: | ||
| Accrued consideration for acquired product rights and intangible assets | $1,085 | $— |
| Property and equipment purchased and included in accounts payable | $784 | $1,022 |
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