Turtle Beach Corp
NASDAQ:HEAR
Cash Flow Statement
Cash Flow Statement
Turtle Beach Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(13)
|
(14)
|
(21)
|
(24)
|
(15)
|
(23)
|
(24)
|
(34)
|
(83)
|
(84)
|
(117)
|
(146)
|
(87)
|
(85)
|
(50)
|
(5)
|
(3)
|
9
|
13
|
29
|
39
|
40
|
40
|
22
|
18
|
11
|
22
|
43
|
39
|
51
|
45
|
29
|
18
|
2
|
(17)
|
(32)
|
(60)
|
(60)
|
(58)
|
(49)
|
(18)
|
|
Depreciation & Amortization |
6
|
8
|
9
|
10
|
7
|
7
|
7
|
7
|
8
|
9
|
10
|
11
|
9
|
8
|
6
|
4
|
4
|
5
|
4
|
4
|
4
|
4
|
4
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
5
|
6
|
6
|
6
|
6
|
6
|
5
|
5
|
5
|
|
Change in Deffered Taxes |
3
|
(3)
|
(4)
|
(7)
|
(10)
|
(7)
|
(10)
|
6
|
5
|
9
|
12
|
(0)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
0
|
(0)
|
(7)
|
(9)
|
(7)
|
(8)
|
0
|
2
|
(0)
|
(1)
|
1
|
(1)
|
(6)
|
(8)
|
6
|
8
|
13
|
17
|
(0)
|
|
Stock-Based Compensation |
2
|
3
|
4
|
5
|
5
|
5
|
6
|
5
|
6
|
6
|
5
|
4
|
4
|
3
|
3
|
2
|
1
|
1
|
1
|
2
|
2
|
2
|
3
|
3
|
4
|
4
|
4
|
5
|
6
|
6
|
7
|
7
|
8
|
7
|
8
|
8
|
8
|
8
|
11
|
11
|
0
|
|
Other Non-Cash Items |
6
|
11
|
7
|
9
|
9
|
2
|
9
|
9
|
62
|
62
|
90
|
131
|
82
|
83
|
53
|
12
|
10
|
10
|
20
|
21
|
20
|
16
|
3
|
2
|
4
|
6
|
11
|
14
|
12
|
16
|
10
|
7
|
6
|
1
|
3
|
5
|
14
|
17
|
20
|
18
|
14
|
|
Cash Taxes Paid |
8
|
8
|
8
|
8
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
3
|
2
|
3
|
8
|
8
|
16
|
15
|
7
|
7
|
(4)
|
(4)
|
2
|
2
|
5
|
5
|
0
|
|
Cash Interest Paid |
4
|
4
|
5
|
5
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
2
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
|
Change in Working Capital |
12
|
22
|
25
|
18
|
(5)
|
15
|
11
|
(1)
|
(7)
|
(3)
|
1
|
3
|
(5)
|
2
|
(3)
|
(7)
|
(8)
|
(15)
|
(15)
|
(18)
|
(22)
|
(16)
|
(14)
|
(3)
|
20
|
3
|
2
|
(10)
|
(6)
|
(20)
|
(28)
|
(32)
|
(30)
|
(43)
|
(40)
|
(30)
|
(8)
|
30
|
43
|
45
|
26
|
|
Cash from Operating Activities |
14
N/A
|
24
+71%
|
17
-30%
|
6
-63%
|
(15)
N/A
|
(6)
+59%
|
(7)
-18%
|
(14)
-92%
|
(15)
-11%
|
(8)
+48%
|
(5)
+35%
|
(1)
+79%
|
(2)
-73%
|
7
N/A
|
7
-1%
|
4
-34%
|
3
-21%
|
8
+135%
|
23
+188%
|
37
+62%
|
42
+13%
|
45
+7%
|
34
-25%
|
26
-23%
|
39
+50%
|
16
-60%
|
33
+107%
|
45
+35%
|
51
+14%
|
55
+7%
|
32
-42%
|
8
-74%
|
(0)
N/A
|
(35)
-10 436%
|
(54)
-55%
|
(60)
-10%
|
(42)
+30%
|
0
N/A
|
24
+4 718%
|
36
+51%
|
27
-24%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(6)
|
(7)
|
(7)
|
(8)
|
(4)
|
(5)
|
(5)
|
(6)
|
(7)
|
(6)
|
(6)
|
(5)
|
(3)
|
(2)
|
(2)
|
(4)
|
(4)
|
(5)
|
(4)
|
(4)
|
(5)
|
(5)
|
(6)
|
(5)
|
(2)
|
(2)
|
(3)
|
(4)
|
(6)
|
(7)
|
(7)
|
(6)
|
(6)
|
(4)
|
(4)
|
(3)
|
(4)
|
(4)
|
(4)
|
(4)
|
(2)
|
|
Other Items |
0
|
4
|
4
|
4
|
4
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(13)
|
(13)
|
(13)
|
0
|
0
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Cash from Investing Activities |
(6)
N/A
|
(3)
+58%
|
(3)
-3%
|
(4)
-44%
|
1
N/A
|
(5)
N/A
|
(5)
-6%
|
(6)
-8%
|
(7)
-15%
|
(6)
+10%
|
(6)
+2%
|
(5)
+19%
|
(3)
+32%
|
(2)
+36%
|
(2)
-1%
|
(4)
-70%
|
(4)
-24%
|
(5)
-5%
|
(4)
+7%
|
(4)
+10%
|
(5)
-31%
|
(5)
-4%
|
(18)
-247%
|
(17)
+6%
|
(15)
+16%
|
(15)
-2%
|
(3)
+78%
|
(4)
-31%
|
(6)
-35%
|
(10)
-69%
|
(9)
+4%
|
(9)
+4%
|
(8)
+8%
|
(4)
+51%
|
(4)
+11%
|
(3)
+15%
|
(4)
-20%
|
(4)
-8%
|
(4)
+6%
|
(4)
+1%
|
(2)
+40%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
1
|
1
|
39
|
39
|
39
|
38
|
1
|
1
|
1
|
7
|
6
|
6
|
6
|
(0)
|
0
|
0
|
0
|
0
|
(1)
|
3
|
3
|
3
|
2
|
(2)
|
(2)
|
(2)
|
(1)
|
6
|
8
|
9
|
11
|
1
|
(0)
|
(0)
|
(2)
|
2
|
1
|
0
|
0
|
1
|
1
|
|
Net Issuance of Debt |
(10)
|
(23)
|
(49)
|
(39)
|
(21)
|
(30)
|
7
|
19
|
23
|
11
|
6
|
2
|
(1)
|
(3)
|
(4)
|
(3)
|
(0)
|
(2)
|
(10)
|
(30)
|
(37)
|
(36)
|
(23)
|
(6)
|
(22)
|
0
|
(11)
|
(27)
|
(16)
|
(0)
|
0
|
0
|
0
|
0
|
16
|
45
|
19
|
0
|
(16)
|
(31)
|
(19)
|
|
Cash Paid for Dividends |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Other |
(1)
|
(2)
|
(2)
|
(3)
|
(2)
|
(0)
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Cash from Financing Activities |
(10)
N/A
|
(24)
-145%
|
(13)
+47%
|
(3)
+75%
|
16
N/A
|
8
-48%
|
7
-13%
|
18
+154%
|
21
+15%
|
15
-31%
|
9
-37%
|
6
-33%
|
4
-31%
|
(4)
N/A
|
(4)
-12%
|
(4)
+17%
|
(0)
+96%
|
(3)
-1 613%
|
(11)
-302%
|
(28)
-153%
|
(35)
-26%
|
(34)
+3%
|
(21)
+38%
|
(8)
+64%
|
(24)
-218%
|
(2)
+91%
|
(12)
-460%
|
(21)
-77%
|
(7)
+64%
|
9
N/A
|
11
+28%
|
1
-91%
|
(0)
N/A
|
(0)
-567%
|
13
N/A
|
46
+244%
|
20
-57%
|
0
-98%
|
(15)
N/A
|
(31)
-101%
|
(18)
+42%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
1
|
0
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
1
|
(0)
|
(0)
|
1
|
0
|
1
|
1
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
0
|
0
|
|
Net Change in Cash |
(2)
N/A
|
(2)
-7%
|
2
N/A
|
(1)
N/A
|
1
N/A
|
(3)
N/A
|
(6)
-74%
|
(1)
+77%
|
(1)
+41%
|
1
N/A
|
(2)
N/A
|
0
N/A
|
(1)
N/A
|
0
N/A
|
0
-84%
|
(3)
N/A
|
(1)
+67%
|
1
N/A
|
8
+979%
|
6
-28%
|
2
-68%
|
6
+218%
|
(6)
N/A
|
1
N/A
|
1
+38%
|
(1)
N/A
|
18
N/A
|
20
+14%
|
38
+90%
|
54
+41%
|
35
-35%
|
1
-98%
|
(9)
N/A
|
(39)
-338%
|
(45)
-15%
|
(18)
+61%
|
(26)
-50%
|
(3)
+88%
|
5
N/A
|
2
-63%
|
7
+301%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
8
N/A
|
17
+125%
|
10
-42%
|
(2)
N/A
|
(18)
-852%
|
(11)
+39%
|
(13)
-13%
|
(20)
-55%
|
(22)
-12%
|
(14)
+37%
|
(11)
+21%
|
(6)
+47%
|
(5)
+12%
|
5
N/A
|
4
-1%
|
1
-82%
|
(1)
N/A
|
3
N/A
|
19
+452%
|
34
+79%
|
37
+11%
|
40
+7%
|
28
-29%
|
22
-24%
|
37
+74%
|
14
-63%
|
30
+118%
|
41
+36%
|
45
+12%
|
48
+5%
|
25
-47%
|
2
-93%
|
(6)
N/A
|
(39)
-551%
|
(58)
-49%
|
(63)
-9%
|
(45)
+27%
|
(3)
+93%
|
20
N/A
|
32
+60%
|
25
-22%
|