Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Monolithic Power Systems Inc., consolidated cash flow statement

US$ in thousands

12 months ended:	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	1,786,700)	427,374)	437,672)	242,023)	164,375)
Depreciation and amortization	36,430)	40,168)	37,114)	28,699)	19,186)
Amortization of premium (discount) on available-for-sale securities	(20,145)	(5,277)	4,375)	4,674)	2,979)
(Gain) loss on deferred compensation plan investments	(9,400)	(8,505)	6,600)	(4,563)	(4,592)
Deferred taxes, net	(1,302,911)	5,865)	(13,220)	(2,772)	(1,627)
Gain on sale of equity investment	—)	(1,424)	—)	—)	—)
Stock-based compensation expense	205,640)	149,711)	160,992)	123,479)	85,551)
Other	28)	(23)	97)	110)	(1,072)
Accounts receivable	7,325)	2,884)	(77,903)	(37,976)	(14,123)
Inventories	(35,215)	63,583)	(188,073)	(102,323)	(29,503)
Other assets	54,544)	(24,310)	(177,284)	(15,311)	(3,003)
Accounts payable	23,169)	4,797)	(11,240)	32,926)	10,410)
Accrued compensation and related benefits	8,743)	(31,187)	28,514)	16,536)	18,524)
Income tax liabilities	13,226)	(308)	16,559)	11,771)	747)
Other accrued liabilities	20,276)	14,865)	22,471)	22,737)	19,951)
Changes in operating assets and liabilities	92,068)	30,324)	(386,956)	(71,640)	3,003)
Adjustments to reconcile net income to net cash provided by operating activities	(998,290)	210,839)	(190,998)	77,987)	103,428)
Net cash provided by operating activities	788,410)	638,213)	246,674)	320,010)	267,803)
Purchases of property and equipment	(146,118)	(57,578)	(58,843)	(94,420)	(55,610)
Cash paid for an assumed lease	(18,175)	—)	—)	—)	—)
Purchases of investments	(1,082,706)	(582,603)	(65,785)	(394,886)	(338,263)
Maturities and sales of investments	1,508,135)	468,308)	128,610)	113,755)	357,392)
Cash paid for acquisition, net of cash acquired	(33,283)	—)	—)	—)	—)
Contributions to deferred compensation plan, net	(4,806)	(6,853)	(16,492)	(2,542)	(2,696)
Purchases of intangible assets	—)	—)	—)	(793)	—)
Net cash (used in) provided by investing activities	223,047)	(178,726)	(12,510)	(378,886)	(39,177)
Property and equipment purchased on extended payment terms	(4,087)	(2,826)	(2,055)	(2,834)	(5,357)
Proceeds from common stock issued under the employee equity incentive plan	—)	1,118)	5,358)	17,322)	18,767)
Proceeds from common stock issued under the employee stock purchase plan	8,727)	7,568)	5,877)	4,670)	3,819)
Repurchases of common stock	(636,244)	(3,741)	—)	—)	—)
Dividends and dividend equivalents paid	(240,623)	(185,844)	(137,965)	(109,364)	(88,786)
Net cash used in financing activities	(872,227)	(183,725)	(128,785)	(90,206)	(71,557)
Effect of change in exchange rates	(8,470)	(3,310)	(6,039)	3,400)	4,926)
Net increase (decrease) in cash, cash equivalents and restricted cash	130,760)	272,452)	99,340)	(145,682)	161,995)
Cash, cash equivalents and restricted cash, beginning of period	561,181)	288,729)	189,389)	335,071)	173,076)
Cash, cash equivalents and restricted cash, end of period	691,941)	561,181)	288,729)	189,389)	335,071)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Download chart

Cash flow statement item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Monolithic Power Systems Inc. net cash provided by operating activities increased from 2022 to 2023 and from 2023 to 2024.
Net cash (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Monolithic Power Systems Inc. net cash (used in) provided by investing activities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Net cash used in financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Monolithic Power Systems Inc. net cash used in financing activities decreased from 2022 to 2023 and from 2023 to 2024.

Monolithic Power Systems Inc. (NASDAQ:MPWR)

Cash Flow Statement