Company: FLYW
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027078
Chunk: 368

Company: Flywire Corp
Filing Date: 2025-02-26
Form: 10-K
Item: Item 5
Chunk 368
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 )

    (323
    )

    Unbilled receivables

    (4,764
    )

    (5,394
    )

    (1,928
    )

    Funds receivable from payment partners

    23,835

    (50,975
    )

    (30,917
    )

    Prepaid expenses, other current assets and other assets

    (5,322
    )

    (4,279
    )

    (11,318
    )

    Funds payable to clients

    6,867

    86,616

    48,932

    Accounts payable, accrued expenses and other current liabilities

    3,302

    5,548

    6,761

    Contingent consideration

    (93
    )

    (467
    )

    (4,510
    )

    Other liabilities

    (1,543
    )

    (1,260
    )

    (1,872
    )

    Deferred revenue

    (630
    )

    (871
    )

    (400
    )

    Net cash provided by operating activities

    91,468

    80,625

    5,427

    Cash flows from investing activities:

    Purchase of short-term and long-term investments

    (193,927
    )

    —

    —

    Proceeds from the maturity and sale of short-term and long-term    investments

    29,598

    —

    —

    Capitalization of internally developed software

    (5,317
    )

    (5,004
    )

    (5,717
    )

    Purchases of property and equipment

    (924
    )

    (1,009
    )

    (1,353
    )

    Acquisitions of businesses, net of cash acquired

    (45,230
    )

    (32,764
    )

    (17,140
    )

    Contingent consideration paid for acquisitions

    —

    —

    (453
    )

    Net cash used in investing activities

    (215,800
    )

    (38,777
    )

    (24,663
    )

    Cash flows from financing activities:

    Proceeds from issuance of common stock under public offering,    net of underwriting discount and commissions

    —

    261,119

    —

    Payments of costs related