Teladoc Health Inc
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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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 Feb 27, 2025
TDOC$8.94-0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
(in thousands)
| Year EndedDecember 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities: | |||
| Net loss | $(1,001,245) | $(220,368) | $(13,659,531) |
| Adjustments to reconcile net loss to net cash flows from operating activities: | |||
| Goodwill impairment | 790,000 | — | 13,402,812 |
| Amortization of intangible assets | 363,365 | 325,933 | 244,620 |
| Depreciation of property and equipment | 10,183 | 11,138 | 11,407 |
| Amortization of right-of-use assets | 9,295 | 11,650 | 11,757 |
| Provision for allowances for doubtful accounts | 3,795 | 4,686 | 2,815 |
| Stock-based compensation | 145,951 | 201,550 | 217,852 |
| Deferred income taxes | (1,145) | (1,903) | (7,840) |
| Other, net | 9,796 | 5,692 | 13,788 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | (375) | (10,252) | (49,058) |
| Prepaid expenses and other current assets | 5,188 | 12,461 | (41,081) |
| Inventory | (9,749) | 24,095 | 14,800 |
| Other assets | (1,257) | (23,052) | (27,767) |
| Accounts payable | (10,365) | (4,185) | 1,876 |
| Accrued expenses and other current liabilities | 30,178 | 9,069 | 61,217 |
| Accrued compensation | (20,499) | 19,180 | (12,290) |
| Deferred revenue | (18,246) | (4,900) | 15,240 |
| Operating lease liabilities | (10,892) | (10,224) | (11,525) |
| Other liabilities | (298) | (549) | 200 |
| Net cash provided by operating activities | 293,680 | 350,021 | 189,292 |
| Cash flows from investing activities: | |||
| Capital expenditures | (10,790) | (11,464) | (16,480) |
| Capitalized software development costs | (113,262) | (144,884) | (156,284) |
| Proceeds from marketable securities | — | — | 2,507 |
| Other, net | — | 1 | 2,514 |
| Net cash used in investing activities | (124,052) | (156,347) | (167,743) |
| Cash flows from financing activities: | |||
| Proceeds from the exercise of stock options | 3,566 | 1,481 | 5,884 |
| Proceeds from employee stock purchase plan | 4,748 | 9,651 | 6,501 |
| Other, net | (2) | (278) | (5,888) |
| Net cash provided by financing activities | 8,312 | 10,854 | 6,497 |
| Net increase in cash and cash equivalents | 177,940 | 204,528 | 28,046 |
| Effect of foreign currency exchange rate changes | (3,288) | 965 | (3,344) |
| Cash and cash equivalents at beginning of the period | 1,123,675 | 918,182 | 893,480 |
| Cash and cash equivalents at end of the period | $1,298,327 | $1,123,675 | $918,182 |
| Cash paid for income taxes, net | $8,946 | $7,238 | $2,512 |
| Interest paid | $17,322 | $17,422 | $17,361 |
| Supplemental disclosure of non-cash investing activities | |||
| Accruals related to Property and equipment, net and Intangible assets, net | $4,351 | $11,006 | $8,216 |
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