ALPHATEC HOLDINGS, INC. (ATEC) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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ALPHATEC HOLDINGS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Stock-based compensation → operating reconciliation: $41,806,000.00Depreciation and amortization → operating reconciliation: $38,932,000.00Accounts payable → operating reconciliation: $18,328,000.00Amortization of debt discount and debt issuance costs → operating reconciliation: $15,003,000.00Loss on debt extinguishment → operating reconciliation: $11,883,000.00Write-down for excess and obsolete inventories → operating reconciliation: $8,095,000.00Amortization of right-of-use assets → operating reconciliation: $2,646,000.00Other → operating reconciliation: $2,129,000.00Loss on disposal of assets → operating reconciliation: $1,272,000.00Contract liabilities → operating reconciliation: $710,000.00Other assets → operating reconciliation: $260,000.00operating reconciliation → Net cash from operating activities: $21,803,000.00operating reconciliation → Net loss: $59,687,000.00operating reconciliation → Inventories: $34,047,000.00operating reconciliation → Accounts receivable: $15,156,000.00operating reconciliation → Accrued expenses: $6,611,000.00operating reconciliation → Lease liabilities: $2,557,000.00operating reconciliation → Prepaid expenses and other current assets: $800,000.00operating reconciliation → Other long-term liabilities: $403,000.00Net cash used in investing activities → investing reconciliation: $42,609,000.00investing reconciliation → Purchase of property and equipment: $32,021,000.00investing reconciliation → Note receivable: $5,000,000.00investing reconciliation → Purchase of intangible assets: $4,387,000.00investing reconciliation → Other: $1,201,000.00Net cash used in financing activities → financing reconciliation: $21,302,000.00Proceeds from issuance of term loan → financing reconciliation: $172,385,000.00Proceeds from revolving credit facility → financing reconciliation: $42,747,000.00Other → financing reconciliation: $1,803,000.00financing reconciliation → Repayment of term loan: $200,000,000.00financing reconciliation → Repayment of revolving credit facility: $18,214,000.00financing reconciliation → Payment of debt extinguishment costs: $12,070,000.00financing reconciliation → Payments related to tax withholdings for share-based compensation: $6,085,000.00financing reconciliation → Payment of debt issuance costs: $1,868,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $160,806,000.00Net cash from operating activities → Cash sources and uses: $21,803,000.00Cash sources and uses → Exchange-rate effect: $36,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $118,662,000.00Cash sources and uses → Net cash used in investing activities: $42,609,000.00Cash sources and uses → Net cash used in financing activities: $21,302,000.00Net loss: -$59,687,000.00Net loss−$59.69 MDepreciation and amortization: $38,932,000.00Depreciation & amortization+$38.93 MStock-based compensation: $41,806,000.00Stock-based compensation+$41.81 MAmortization of debt discount and debt issuance costs: $15,003,000.00Debt cost amortization+$15.00 MAmortization of right-of-use assets: $2,646,000.00Operating lease amortization+$2.65 MWrite-down for excess and obsolete inventories: $8,095,000.00Inventory write-downs+$8.10 MLoss on disposal of assets: $1,272,000.00Asset sale gain & loss+$1.27 MLoss on debt extinguishment: $11,883,000.00Debt extinguishment gain & loss+$11.88 MGain on derivative liability: $0.00Other: $2,129,000.00Other operating, net+$2.13 MAccounts receivable: -$15,156,000.00Accounts receivable−$15.16 MInventories: -$34,047,000.00Inventories−$34.05 MPrepaid expenses and other current assets: -$800,000.00Prepaid & other assets−$800.00 KOther assets: $260,000.00Other operating assets+$260.00 KAccounts payable: $18,328,000.00Accounts payable+$18.33 MAccrued expenses: -$6,611,000.00Accrued liabilities−$6.61 MLease liabilities: -$2,557,000.00Lease liabilities−$2.56 MContract liabilities: $710,000.00Deferred revenue+$710.00 KOther long-term liabilities: -$403,000.00Other noncurrent liabilities−$403.00 KNet cash from operating activities: $21,803,000.00Operating cash+$21.80 Moperating reconciliation: $141,064,000.00Repayment of term loan: -$200,000,000.00Debt repaid−$200.00 MProceeds from issuance of term loan: $172,385,000.00Debt issued+$172.39 MPayment of debt extinguishment costs: -$12,070,000.00Debt extinguishment costs−$12.07 MProceeds from issuance of convertible notes, net: $0.00Payment of debt issuance costs: -$1,868,000.00Debt issuance costs−$1.87 MRepurchase of convertible notes: $0.00Purchase of capped calls: $0.00Proceeds from revolving credit facility: $42,747,000.00Long-term credit line borrowings+$42.75 MPayments related to tax withholdings for share-based compensation: -$6,085,000.00Stock-award tax withholding−$6.09 MRepayment of revolving credit facility: -$18,214,000.00Long-term credit line repayments−$18.21 MOther: $1,803,000.00Other financing, net+$1.80 MNet cash used in financing activities: -$21,302,000.00. Cash required to fund net payments.Financing cash−$21.30 Mfinancing reconciliation: $238,237,000.00Purchase of property and equipment: -$32,021,000.00PP&E purchases−$32.02 MNote receivable: -$5,000,000.00Notes receivable issued−$5.00 MPurchase of intangible assets: -$4,387,000.00Intangible asset purchases−$4.39 MOther: -$1,201,000.00Other investing, net−$1.20 MNet cash used in investing activities: -$42,609,000.00. Cash required to fund net payments.Investing cash−$42.61 Minvesting reconciliation: $42,609,000.00Cash sources and uses: $182,609,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $160,806,000.00Beginning cash$160.81 MEnding cash: Cash, cash equivalents, and restricted cash: $118,662,000.00Ending cash$118.66 MExchange-rate effect: -$36,000.00FX effect−$36.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsNet loss −$59.69M + net operating adjustments $81.49M = operating cash +$21.80MFree cash flow−$10.22 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change−$42.14 MEnding cash − beginning cash
Chart details

ALPHATEC HOLDINGS, INC. cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
160,806,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
21,803,000 US dollars. Net cash provided.
Net loss
negative 59,687,000 US dollars
Depreciation and amortization
38,932,000 US dollars
Stock-based compensation
41,806,000 US dollars
Amortization of debt discount and debt issuance costs
15,003,000 US dollars
Amortization of right-of-use assets
2,646,000 US dollars
Write-down for excess and obsolete inventories
8,095,000 US dollars
Loss on disposal of assets
1,272,000 US dollars
Loss on debt extinguishment
11,883,000 US dollars
Gain on derivative liability
0 US dollars
Other
2,129,000 US dollars
Accounts receivable
negative 15,156,000 US dollars
Inventories
negative 34,047,000 US dollars
Prepaid expenses and other current assets
negative 800,000 US dollars
Other assets
260,000 US dollars
Accounts payable
18,328,000 US dollars
Accrued expenses
negative 6,611,000 US dollars
Lease liabilities
negative 2,557,000 US dollars
Contract liabilities
710,000 US dollars
Other long-term liabilities
negative 403,000 US dollars
Investing activities
negative 42,609,000 US dollars. Net cash used.
Purchase of property and equipment
negative 32,021,000 US dollars
Note receivable
negative 5,000,000 US dollars
Purchase of intangible assets
negative 4,387,000 US dollars
Other
negative 1,201,000 US dollars
Financing activities
negative 21,302,000 US dollars. Net cash used.
Repayment of term loan
negative 200,000,000 US dollars
Proceeds from issuance of term loan
172,385,000 US dollars
Payment of debt extinguishment costs
negative 12,070,000 US dollars
Proceeds from issuance of convertible notes, net
0 US dollars
Payment of debt issuance costs
negative 1,868,000 US dollars
Repurchase of convertible notes
0 US dollars
Purchase of capped calls
0 US dollars
Proceeds from revolving credit facility
42,747,000 US dollars
Payments related to tax withholdings for share-based compensation
negative 6,085,000 US dollars
Repayment of revolving credit facility
negative 18,214,000 US dollars
Other
1,803,000 US dollars
Operating adjustment reconciliation
141,064,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
238,237,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
42,609,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 36,000 US dollars
Ending cash on Jun 30, 2026
118,662,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
182,609,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 42,144,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
21,803,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
32,021,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
negative 10,218,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$59.69M + net operating adjustments $81.49M = operating cash +$21.80M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 21,803,000 US dollars minus 32,021,000 US dollars equals negative 10,218,000 US dollars.
ALPHATEC HOLDINGS, INC. (ATEC) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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