Advaxis, Inc. ADXS Cash Flow

Advaxis, inc. (ADXS)

CashFlow / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11
OPERATING ACTIVITIES
Net (loss) income
-7,857	-10,188	-9,858	-9,383	12,817	-18,598	-14,017	-13,408	-20,492	-23,261	-32,625	-20,467	-17,081	-21,702	-16,486	-15,522	-19,844	-12,579	-13,562	-13,855	-7,033	-3,244	-5,779	-2,314	-5,187	-7,406	-1,595	-5,276	-5,708	-1,990	-3,104	-2,609	-4,365	-2,878	3,641	-9,635	756
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Stock compensation
242	437	464	479	622	996	1,953	1,225	2,809	3,142	14,369	5,213	5,110	4,102	5,008	4,832	9,529	5,594	6,042	7,608	2,185	766	2,253	742	1,602	1,442	334	2,398	369	269	289	287	300	175	199	179	240
Settlement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	34	400	0	232	131	265	0	0	0	-	-	-	-
Employee stock purchase plan expense
-	0	1	1	1	-	-	-	-	-	-	-	-	-	10	7	9	-	11	5	1	0	0	0	5	7	6	8	5	8	7	2	0	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	3	9	15	78	0	-14	14	0	0	0	0
Amortization of discount on convertible promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10	7	222	229	569	532	26	307	74	73
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Non-cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	317	131	67	328	-40	806	1,017	1,060	1,907	1,462	321	414
Net changes in fair value of derivative liabilities
-37	17	177	-14	2,409	-	-	-	-	0	-0	10	9	12	6	0	49	205	32	-23	-264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-587	0	0	-27	0	0	-3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (Gain) on change in value of warrants and embedded derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	210	273	131	822	1,616	79	-4,023	610	2,430	2,749	839	2,628	9,127	-5,834	3,841
Warrant expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	8	0	0	2	1	92	6	21	3	0	0	0	0	486	36	0	35
Abandonment of intangible assets
232	479	268	113	244	623	119	162	143	207	18	89	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Value of penalty shares issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Depreciation expense
229	249	277	286	285	286	283	279	265	237	216	179	157	119	68	49	46	30	14	7	6	6	6	6	6	5	4	4	4	4	4	4	0	0	8	9	9
Amortization expense of intangible assets
91	96	97	97	96	100	99	96	93	91	86	77	74	69	64	60	57	55	52	50	48	46	44	42	41	-	-	-	0	0	0	0	0	272	-47	-116	-74
Amortization of right-of-use asset
181	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net accretion of premiums
-	-	-	-	-	0	2	7	-3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease incentive obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	375	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of premium on held to maturity investments
-	-	-	-	-	-	-	-	-	-	-	-	44	33	54	81	82	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	39	38	38	37	37	35	33	34	32	32
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-0	0	0	0
Gain on note retirement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	6	-3,804	1	194	152	-14	-932	-543	-697	-352	-115	5	0
Change in operating assets and liabilities:
Accounts receivable
-	0	0	-1,521	-143	1,247	67	-243	-918	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-789	49	-940	334	660	-3,269	668	2,243	-478	-1,327	-2,420	5,630	88	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	12	7	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	114	446	-132	-	-38	353	-131	-18	-58	246	-17	-23	48	8	-14	-14	39	-13	-23	-13	-35	63	-15
Income taxes receivable
-	-	-	-	-	0	0	0	-4,453	4,453	-0	0	-2,549	2,549	0	0	-1,609	1,609	0	0	-1,731	1,731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	379
Other receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-244
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-135	135	-	0	0	0	-25	-25	-25	75	-	-25	-25	75	-25	-25	-25	80	-25	-25	-25	77
Deferred expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,223	-2,960	569	-	1,066	-1,334	82	-	-	-	-	0	0	0	-4	-14	-14	-14	-14	1	27	33	0
Other assets
-1	-	-	-	-	-209	-104	34	128	-1,374	146	-73	-24	3,523	134	33	152	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-101	0	194	-53
Deferred expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	105	1,266	-679	193	74	-188	-240	577	28	-1,102	19	-0	-63
Accounts payable and accrued expenses
-1,462	-1,132	430	-1,968	-4,707	5,076	-4,843	-2,737	550	4,794	-6,452	4,272	-1,454	5,537	-2,201	1,768	3,250	-700	489	1,176	129	156	-254	-479	-1,371	-3,055	1,844	295	-225	1,273	2,337	1,637	470	1,864	-983	1,866	375
Deferred revenue
-	0	0	-347	-18,318	-1,128	-1,129	-1,746	-1,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
-191	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-1,763	-3,051	-3,425	-3,540	36,255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	11	11	12	16	28	27	28	33	105	45	45	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-7,708	-9,099	-7,259	-7,900	-11,870	-13,205	-18,128	-18,142	-12,654	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-623	-1,150	-665	-2,129	-1,545	-4,213	-1,010	-2,172
INVESTING ACTIVITIES
Interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100	1	6	7	8	9	5	9	7	8	43	-15	22	43
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-14,165	-	-	-	-4,892	-9,080	-5,972	-6,667	-2,444	-4,009	-4,552	-2,567	-4,955	-3,794	-1,536	-2,244	-1,138	-	-	-	-	-	-	-	-
Restricted cash established with letter of credit agreement
-	-	-	-	-	-	-	-	-	-587	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investment securities
-	-	-	-	-	0	0	0	12,487	-2,249	6,210	20,690	46,525	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of held-to-maturity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,597	2,582	5,068	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of short-term investment securities
-	-	-	-	-	0	8,990	23,460	26,441	25,710	17,067	14,630	6,522	29,881	17,219	980	2,450	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	0	0	9	45	44	104	105	1,172	30	1,076	1,215	1,127	1,218	1,264	294	445	656	306	10	0	0	0	0	24	24	0	0	0	0	0	91	0	0	0	0	0
Cash paid on acquisition of Great Expectations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0
Cash paid on acquisition of Great Expectations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Proceeds from disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Cost of intangible assets
238	382	182	156	507	284	142	636	354	213	352	525	81	623	146	286	170	296	191	132	201	126	102	173	12	70	139	21	43	45	67	65	126	-	-	-	-
Net cash used in investing activities
-238	-307	-182	-157	-552	-328	8,744	22,719	12,428	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-45	-67	-157	-126	-57	-47	-116	-74
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-41,211	-	-	-	-3,233	-46,607	-498	-142	-201	-126	-102	-173	-37	-94	-136	-21	-43	-	-	-	-	-	-	-	-
FINANCING ACTIVITIES
Net proceeds of issuance of common stock
-	-	-	-	-	-	-	-	2,659	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds of issuance of common stock
9,737	-	-	-	-	-	-	-	-	-	706	0	0	-	-	-	-	24,945	56,678	22,337	15,772	-239	0	14,420	400	24,427	23	2,560	427	-	0	0	0	0	0	0	0
Proceeds from convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	858	657	700	753	2,782	-951	0	1,451	7,476	0	875	0
Repayment of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-35	0	35	52	-	-	-	-
(Increase) in deferred offering expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	30	0	28	-	-	-	-
Cash paid for deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	18	3	0	0	0	0	0	0	0	0	25
Principal payments on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	266	159	187
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2,138	2,388	0	0	-6,701	4,741	580	1,380
Proceeds from Officer Loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	7	3	74	0	35	-35	-	-	-	-
Repayment of officer loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	0	85	0	-	-	-	-	-	-	-	-
Net proceeds from issuance of Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	264	1,077
Payment on cancellation of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Warrant exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	614	12	2,090	239	0	-	-	-	-	0	0	94	0	0	0	0	411	0	696	388	0
Proceeds from employee stock purchase plan
2	1	2	3	14	30	13	0	9	30	5	67	67	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholdings paid related to net share settlement of equity awards
-	-	-	-	-	0	47	33	7	3	89	255	9	8	18	16	17	-339	1,096	463	155	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee tax withholdings paid on equity awards
-	0	2	2	11	16	188	61	209	330	1,024	318	204	-	-	-	-	1,388	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax shares sold to pay for employee tax withholdings on equity awards
-	0	1	2	11	22	163	78	197	279	947	288	338	-	-	-	-	1,169	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee tax withholdings paid on equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	533	695	698	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax shares sold to pay for employee tax withholdings on equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	541	1,014	336	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
9,739	14	15,490	9,053	14	18,240	-59	18,367	2,649	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	664	1,217	240	1,747	884	5,148	1,948	2,245
Net increase (decrease) in cash, cash equivalents and restricted cash
1,793	-9,392	8,049	996	-12,408	4,707	-9,443	22,944	2,423	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the balance sheets that sum to the total of the same such amounts shown in the statements of cash flows:
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	191	-	-	-	235	25,107	57,672	22,172	15,616	-405	-771	14,355	400	24,441	662	3,276	1,181	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	8,887	-15,011	-27,542	-55,184	-	-	-	-7,891	-30,580	51,201	15,362	12,971	-4,541	-5,425	11,615	-4,592	20,552	-1,010	1,010	-0	-5	-0	-582	-508	-717	886	821	-2
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for taxes
-	0	0	0	50	0	0	0	50	0	0	0	50	0	0	0	50	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SUPPLEMENTAL DISCLOSURE OF NON-CASH AND FINANCING ACTIVITIES
Amounts accrued for offering costs
109	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses from consultants settled with common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses settled with common stock
-	-	-	-	-	-	-	-	-	0	0	0	75	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts Payable from consultants settled with Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	339	0	3	-	-	-	-	-	-	-	-	-	-	-	-
Sale of treasury shares pending settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment included in accounts payable and accrued expenses
-	-	-	-	-	-	0	0	57	-20	-89	59	115	328	34	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability reclassified into equity
2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-