Company: AMWL
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000950170-25-019024
Chunk: 189

Company: American Well Corp
Filing Date: 2025-02-12
Form: 10-K
Item: Item 1B
Chunk 189
---
 Accounts payable

    159

    (2,361
    )

    (4,780
    )

    Accrued expenses and other current liabilities

    10,118

    (15,139
    )

    8,962

    Other long-term liabilities

    —

    —

    (25
    )

    Deferred revenue

    3,756

    (3,459
    )

    (19,739
    )

    Net cash used in operating activities

    (127,338
    )

    (148,343
    )

    (192,323
    )

    Cash flows from investing activities:

    Purchases of property and equipment

    (119
    )

    (192
    )

    (292
    )

    Capitalized software development costs

    (15,103
    )

    (15,056
    )

    (10,155
    )

    Investment in less than majority owned joint venture

    (3,430
    )

    (3,920
    )

    (1,960
    )

    Purchases of investments

    —

    (389,990
    )

    (499,223
    )

    Proceeds from sales and maturities of investments

    —

    389,990

    500,000

    Net cash used in investing activities

    (18,652
    )

    (19,168
    )

    (11,630
    )

    Cash flows from financing activities:

    Proceeds from exercise of common stock options

    —

    569

    5,740

    Proceeds from employee stock purchase plan

    1,384

    2,164

    2,503

    Payments for the purchase of treasury stock

    (3
    )

    (586
    )

    (360
    )

    Proceeds from Section 16(b) disgorgement

    —

    —

    295

    Payment of contingent consideration

    —

    —

    (11,790
    )

    Net cash provided by (used in) financing activities

    1,381

    2,147

    (3,612
    )

    Effect of exchange rates changes on cash, cash equivalents, and restricted cash

    887

    (1,144
    )

    (305
    )

    Net decrease in cash, cash equivalents, and restricted cash

    (143,