Spok Holdings, Inc

Listed Company

SPOKCIK 0001289945NasdaqAcceleratedRadiotelephone CommunicationsDelawareFY ends Dec 31

Period

FY 2025

Revenue

$139.71M

Net Income

$15.88M

Total Assets

$206.11M

Equity

$146.38M

Shares Out

20.89M

Op. Cash Flow

$28.95M

Business

Spok Holdings, Inc. provides clinical communication and collaboration solutions that deliver clinical information to care teams to improve patient outcomes. It offers wireless messaging and pager products (including GenA pagers), the Spok Care Connect® software suite (contact center, clinical alerting, mobile communications, public safety) and related professional, hosted and maintenance services. The business operates across wireless, software and services lines and targets three market segments: healthcare, government and large enterprise. Spok distributes primarily through a direct sales force and indirect alliance partners, mainly in the United States with limited operations in Europe, Canada, Australia, Asia and the Middle East.

Summary from filing dated 2025-02-27

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Total revenue	140	138	139	135	142
Cost of revenue (exclusive of items shown separately below)	30	29	27	28	32
Research and development	12	12	11	14	18
Technology operations	25	26	27	27	29
Selling and marketing	18	16	17	16	21
General and administrative	32	31	31	38	44
Severance and restructuring	458,000	1	573,000	7	320,000
Depreciation and accretion	3	4	4	4	10
Total operating expenses	120	119	118	134	170
Operating income	20	19	21	238,000	−28
Interest income	820,000	1	1	592,000	—
Other income (expense)	900,000	−100,000	0	167,000	66,000
Income before income taxes	21	20	22	997,000	−27
Provision for income taxes	−6	−5	−7	21	5
Net income	16	15	16	22	−22
Basic net income per common share (in usd per share)	0.77	0.74	0.79	1.11	−1.14
Diluted net income per common share (in usd per share)	0.75	0.73	0.77	1.09	−1.14
Basic weighted average common shares outstanding (in shares)	21	20	20	20	19
Diluted weighted average common shares outstanding (in shares)	21	21	20	20	19
Dividends declared (in usd per share)	1.25	1.25	1.25	1.25	—

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2022 2022-05-31
Cash and cash equivalents	25	29	32	36	—
Accounts receivable, net	23	22	23	27	—
Prepaid expenses	9	9	8	7	—
Other current assets	1	840,000	704,000	587,000	—
Total current assets	58	61	64	70	—
Property and equipment, net	6	6	7	8	—
Operating lease right-of-use assets	6	8	11	14	3
Goodwill	99	99	99	99	—
Deferred income tax assets, net	37	42	46	52	—
Other non-current assets	322,000	744,000	510,000	754,000	—
Total non-current assets	148	156	164	174	—
TOTAL ASSETS	206	217	228	244	—
Accounts payable	4	6	6	—	—
Accrued compensation and benefits	7	7	7	12	—
Deferred revenue	30	28	26	27	—
Operating lease liabilities	3	3	4	5	—
Other current liabilities	5	5	4	5	—
Total current liabilities	49	49	48	54	—
Asset retirement obligations	5	6	7	7	—
Operating lease liabilities	4	6	7	11	—
Other non-current liabilities	1	2	2	1	—
Total non-current liabilities	11	14	16	19	—
TOTAL LIABILITIES	60	62	64	73	—
COMMITMENTS AND CONTINGENCIES (Note $10)	—	—	—	—	—
Preferred stock$0.0001 par value; 25,000,000 shares authorized; no shares issued or outstanding	0	0	0	0	—
Common stock$0.0001 par value; 75,000,000 shares authorized; 20,610,364 and 20,284,177 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively.	2,000	2,000	2,000	2,000	—
Additional paid-in capital	108	106	103	100	—
Accumulated other comprehensive loss	−2	−2	−2	−2	—
Retained earnings	40	51	63	73	—
TOTAL STOCKHOLDERS EQUITY	146	155	164	171	—
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	206	217	228	244	—

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Deferred income tax expense	5	5	6	903,000	−5
Stock-based compensation	5	5	4	4	7
Gain on sale of domain name	−701,000	0	0	—	—
Gain on asset retirement obligation settlement	123,000	0	0	—	—
Provisions for credit losses, service credits and other	1	846,000	950,000	2	1
Accounts receivable	−2	506,000	3	−2	2
Prepaid expenses and other assets	652,000	−2	−909,000	−88,000	3
Net operating lease liabilities	−62,000	−36,000	−1	357,000	763,000
Accounts payable and other liabilities	−2	−1	−5	−2	−679,000
Deferred revenue	2	2	−559,000	118,000	−3
Net cash provided by operating activities	29	29	26	6	8
Purchases of property and equipment	−4	−3	−3	−4	−4
Proceeds from sale of domain name	701,000	0	0	—	—
Net cash used in investing activities	−3	−3	−3	11	−225,000
Cash distributions to stockholders	−27	−26	−26	−25	−10
Proceeds from issuance of common stock under the Employee Stock Purchase Plan	312,000	272,000	210,000	0	132,000
Purchase of common stock for tax withholding on vested equity awards	−3	−2	−1	−1	−2
Net cash used in financing activities	−30	−29	−27	−26	−12
Effect of exchange rate on cash and cash equivalents	28,000	−20,000	145,000	−321,000	−136,000
Net decrease in cash and cash equivalents	−4	−3	−4	−9	−4

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro