RAMBUS INC (RMBS) FY2024 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-03-31

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RAMBUS INC cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024One 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.Net income → Net cash from operating activities: $32,898,000.00Unbilled receivables → Operating adjustments reconciliation: $12,831,000.00Stock-based compensation → Operating adjustments reconciliation: $9,496,000.00Depreciation → Operating adjustments reconciliation: $7,723,000.00Income taxes payable → Operating adjustments reconciliation: $5,431,000.00Accounts payable → Operating adjustments reconciliation: $4,072,000.00Amortization of intangible assets → Operating adjustments reconciliation: $3,251,000.00Change in fair value of earn-out liability → Operating adjustments reconciliation: $700,000.00Prepaids and other current assets → Operating adjustments reconciliation: $528,000.00Other → Operating adjustments reconciliation: $39,000.00Operating adjustments reconciliation → Net cash from operating activities: $6,221,000.00Operating adjustments reconciliation → Inventories: $11,445,000.00Operating adjustments reconciliation → Accrued salaries and benefits and other liabilities: $10,327,000.00Operating adjustments reconciliation → Income taxes receivable: $5,158,000.00Operating adjustments reconciliation → Deferred income taxes: $4,252,000.00Operating adjustments reconciliation → Accounts receivable: $4,006,000.00Operating adjustments reconciliation → Operating lease liabilities: $1,749,000.00Operating adjustments reconciliation → Deferred revenue: $913,000.00Maturities of marketable securities → investing reconciliation: $100,717,000.00Proceeds from sales of marketable securities → investing reconciliation: $63,412,000.00Proceeds from sale of non-marketable equity security → investing reconciliation: $22,796,000.00investing reconciliation → Net cash from investing activities: $71,370,000.00investing reconciliation → Purchases of marketable securities: $112,547,000.00investing reconciliation → Purchases of property, plant, and equipment: $3,008,000.00Net cash used in financing activities → financing reconciliation: $92,347,000.00Proceeds received from issuance of common stock under employee stock plans → financing reconciliation: $220,000.00financing reconciliation → Repurchase and retirement of common stock: $50,812,000.00financing reconciliation → Payments of taxes on restricted stock units: $37,724,000.00financing reconciliation → Payments under installment payment arrangements: $4,031,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $94,767,000.00Net cash from operating activities → Cash sources and uses: $39,119,000.00Net cash from investing activities → Cash sources and uses: $71,370,000.00Cash sources and uses → Exchange-rate effect: $295,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $112,614,000.00Cash sources and uses → Net cash used in financing activities: $92,347,000.00Net income: $32,898,000.00Net income+$32.90 MStock-based compensation: $9,496,000.00Stock-based compensation+$9.50 MDepreciation: $7,723,000.00Depreciation expense+$7.72 MAmortization of intangible assets: $3,251,000.00Intangible amortization+$3.25 MDeferred income taxes: -$4,252,000.00Deferred income taxes−$4.25 MChange in fair value of earn-out liability: $700,000.00Contingent consideration change+$700.00 KOther: $39,000.00Other operating, net+$39.00 KAccounts receivable: -$4,006,000.00Accounts receivable−$4.01 MUnbilled receivables: $12,831,000.00Unbilled receivables+$12.83 MPrepaids and other current assets: $528,000.00Prepaid & other assets+$528.00 KInventories: -$11,445,000.00Inventories−$11.45 MIncome taxes receivable: -$5,158,000.00Income taxes receivable−$5.16 MAccounts payable: $4,072,000.00Accounts payable+$4.07 MAccrued salaries and benefits and other liabilities: -$10,327,000.00Other operating liabilities−$10.33 MIncome taxes payable: $5,431,000.00Income taxes payable+$5.43 MDeferred revenue: -$913,000.00Unearned revenue−$913.00 KOperating lease liabilities: -$1,749,000.00Operating lease liabilities−$1.75 MNet cash from operating activities: $39,119,000.00Operating cash+$39.12 MOperating adjustments reconciliation: $44,071,000.00Proceeds received from issuance of common stock under employee stock plans: $220,000.00Employee stock plans & options+$220.00 KPayments of taxes on restricted stock units: -$37,724,000.00Stock-award tax withholding−$37.72 MPayments under installment payment arrangements: -$4,031,000.00Installment payments−$4.03 MPayments for settlement and repurchase of convertible senior notes: $0.00Payments for settlement of warrants: $0.00Repurchase and retirement of common stock: -$50,812,000.00Common stock repurchases−$50.81 MNet cash used in financing activities: -$92,347,000.00. Cash required to fund net payments.Financing cash−$92.35 Mfinancing reconciliation: $92,567,000.00Purchases of property, plant, and equipment: -$3,008,000.00PP&E purchases−$3.01 MPurchases of marketable securities: -$112,547,000.00AFS securities purchases−$112.55 MMaturities of marketable securities: $100,717,000.00AFS securities maturities+$100.72 MProceeds from sales of marketable securities: $63,412,000.00AFS securities sales+$63.41 MProceeds from sale of non-marketable equity security: $22,796,000.00Equity-method investment sales+$22.80 MNet cash from investing activities: $71,370,000.00Investing cash+$71.37 Minvesting reconciliation: $186,925,000.00Cash sources and uses: $205,256,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $94,767,000.00Beginning cash$94.77 MEnding cash: Cash, cash equivalents, and restricted cash: $112,614,000.00Ending cash$112.61 MExchange-rate effect: -$295,000.00FX effect−$295.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$36.11 MOperating cash − cash spent on PP&ECash flow / Net income1.19×Operating cash flow ÷ net incomeNet cash change+$17.85 MEnding cash − beginning cash
Chart details

RAMBUS INC cash flow reconciliation, Jan 1, 2024 through Mar 31, 2024

Cash flows for Jan 1, 2024 through Mar 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Mar 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
94,767,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
39,119,000 US dollars. Net cash provided.
Net income
32,898,000 US dollars
Stock-based compensation
9,496,000 US dollars
Depreciation
7,723,000 US dollars
Amortization of intangible assets
3,251,000 US dollars
Deferred income taxes
negative 4,252,000 US dollars
Change in fair value of earn-out liability
700,000 US dollars
Other
39,000 US dollars
Accounts receivable
negative 4,006,000 US dollars
Unbilled receivables
12,831,000 US dollars
Prepaids and other current assets
528,000 US dollars
Inventories
negative 11,445,000 US dollars
Income taxes receivable
negative 5,158,000 US dollars
Accounts payable
4,072,000 US dollars
Accrued salaries and benefits and other liabilities
negative 10,327,000 US dollars
Income taxes payable
5,431,000 US dollars
Deferred revenue
negative 913,000 US dollars
Operating lease liabilities
negative 1,749,000 US dollars
Investing activities
71,370,000 US dollars. Net cash provided.
Purchases of property, plant, and equipment
negative 3,008,000 US dollars
Purchases of marketable securities
negative 112,547,000 US dollars
Maturities of marketable securities
100,717,000 US dollars
Proceeds from sales of marketable securities
63,412,000 US dollars
Proceeds from sale of non-marketable equity security
22,796,000 US dollars
Financing activities
negative 92,347,000 US dollars. Net cash used.
Proceeds received from issuance of common stock under employee stock plans
220,000 US dollars
Payments of taxes on restricted stock units
negative 37,724,000 US dollars
Payments under installment payment arrangements
negative 4,031,000 US dollars
Payments for settlement and repurchase of convertible senior notes
0 US dollars
Payments for settlement of warrants
0 US dollars
Repurchase and retirement of common stock
negative 50,812,000 US dollars
Operating adjustment reconciliation
44,071,000 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
92,567,000 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
186,925,000 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 295,000 US dollars
Ending cash on Mar 31, 2024
112,614,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
205,256,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
17,847,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.19×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
39,119,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
3,008,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
36,111,000 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 income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $6.22M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • 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: 39,119,000 US dollars minus 3,008,000 US dollars equals 36,111,000 US dollars.
RAMBUS INC (RMBS) FY2024 Q1 Statement of Cash Flows Sankey chart
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