Beauty Health Co
For the period ended Dec 31, 2024. Filed Mar 12, 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 Mar 12, 2025
SKIN$15.94-4.9%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 Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Cash flows from operating activities: | |||
| Net (loss) income | $(29,098) | $(100,116) | $44,224 |
| Adjustments to reconcile net (loss) income to net cash from operating activities | |||
| Share-based compensation | 26,696 | 22,544 | 28,495 |
| Amortization of intangible assets | 19,537 | 20,907 | 14,852 |
| Depreciation of property and equipment | 9,940 | 11,332 | 7,164 |
| Amortization of other assets | 4,203 | 2,436 | 857 |
| Amortization of debt issuance costs | 3,319 | 4,229 | 4,229 |
| Inventory write-down | 28,041 | 18,272 | 5,144 |
| Syndeo inventory write-down | — | 19,568 | — |
| Provision for estimated credit losses | 5,134 | 5,153 | 1,622 |
| Change in fair value of warrant liabilities | (3,067) | (11,919) | (78,343) |
| Gain on repurchase of convertible senior notes, net | (33,411) | — | — |
| Deferred income taxes | (3,748) | (1,079) | (1,787) |
| Other, net | 15,981 | 7,067 | 12,210 |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 20,804 | 16,520 | (32,025) |
| Inventories | (10,500) | (22,617) | (84,363) |
| Prepaid expenses, other current assets, and income tax receivable | 15,479 | (6,951) | (13,847) |
| Accounts payable, accrued expenses, and income tax payable | (43,776) | 44,001 | (2,954) |
| Other, net | (9,400) | (7,597) | (12,078) |
| Net cash provided by (used for) operating activities | 16,134 | 21,750 | (106,600) |
| Cash flows from investing activities: | |||
| Cash paid for intangible assets | (6,038) | (9,224) | (6,547) |
| Cash paid for property and equipment | (756) | (3,825) | (10,847) |
| Cash paid for asset acquisitions | — | (18,458) | (1,475) |
| Net cash used for investing activities | (6,794) | (31,507) | (18,869) |
| Cash flows from financing activities: | |||
| Repurchase of convertible senior notes | (156,082) | — | — |
| Payment of tax withholdings on vested stock awards | (1,957) | (3,234) | (927) |
| Repurchase of common stock | — | (30,155) | (160,000) |
| Advanced payment for equity forward contract | — | — | (40,000) |
| Payment of accelerated share repurchases | — | (2,240) | — |
| Payment of contingent considerations related to acquisitions | — | (1,819) | (4,315) |
| Other, net | (302) | — | — |
| Net cash used for financing activities | (158,341) | (37,448) | (205,242) |
| Net change in cash, cash equivalents, and restricted cash | (149,001) | (47,205) | (330,711) |
| Effect of foreign currency translation on cash | (3,961) | 2,033 | (2,978) |
| Cash, cash equivalents, and restricted cash beginning of period | 523,025 | 568,197 | 901,886 |
| Cash, cash equivalents, and restricted cash end of period | $370,063 | $523,025 | $568,197 |
| Supplemental disclosures of cash flow information and non-cash investing activities: | |||
| Cash paid for interest | $8,014 | $9,375 | $9,818 |
| Cash paid (received) for income taxes | 2,801 | 2,269 | (1,339) |
| Class A Common Stock issued for asset acquisition | — | 1,310 | 500 |
The accompanying notes are an integral part of these consolidated financial statements
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