Company: CDLX
Filing Date: 2025-04-03
Form Type: ARS
Source: 0001666071-25-000048
Chunk: 106

Company: Cardlytics, Inc.
Filing Date: 2025-04-03
Form: ARS
Chunk 106
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725) (12,140) Business acquisitions, net of cash acquired — — (2,274) Proceeds from divestitures, net of cash divested 552 2,330 — Net cash used in investing activities (18,746) (10,062) (15,760) Financing activities Proceeds from issuance of debt 172,500 30,000 — Principal payments of debt (199,303) (31) (35) Proceeds from termination of capped calls related to convertible notes 115 — — Proceeds from issuance of common stock 48,645 55 379 Settlement of contingent consideration (14,167) (50,050) — Repurchase of common stock — — (40,000) Equity issuance costs (309) — (157) Debt issuance costs (6,037) — (174) Net cash provided by (used in) financing activities 1,444 (20,026) (39,987) Effect of exchange rates on cash, cash equivalents and restricted cash (110) 118 (1,926) Net decrease in cash, cash equivalents and restricted cash (26,236) (30,155) (111,577) Cash, cash equivalents, and restricted cash — Beginning of period 91,830 121,985 233,562 Cash, cash equivalents, and restricted cash — End of period $ 65,594 $ 91,830 $ 121,985 See notes to the consolidated financial statements 69

CARDLYTICS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (Amounts in thousands) Year Ended December 31, 2024 2023 2022 Reconciliation of cash, cash equivalents and restricted cash to the consolidated balance sheet: Cash and cash equivalents $ 65,594 $ 91,830 $ 121,905 Restricted cash — — 80 Total cash, cash equivalents and restricted cash — End of period $ 65,594 $ 91,830 $ 121,985 Supplemental schedule of non-cash investing and financing activities: Cash paid for interest $ 6,119 $ 4,240 $ 2,381 Amounts accrued for property and equipment $ 95 $ 579 $ 67 Amounts accrued for capitalized software development costs $ 174 $ 40 $ 155 Issuance of common stock, net of issuance costs - Settlement Agreement (as defined below) $ 27,451 $ — $ — See notes to the consolidated financial statements 70