Advaxis, Inc. ADXS Cash Flow

Advaxis, inc. (ADXS)

CashFlow / TTM

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
-37,286	-16,612	-25,022	-29,181	-33,206	-66,515	-71,178	-89,786	-96,845	-93,435	-91,876	-75,737	-70,792	-73,556	-64,433	-61,509	-59,842	-47,031	-37,695	-29,912	-18,371	-16,525	-20,687	-16,503	-19,466	-19,986	-14,570	-16,079	-13,412	-12,069	-12,957	-6,212	-13,237	-8,115	0	0	0
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Stock compensation
1,622	2,002	2,561	4,050	4,796	6,983	9,129	21,545	25,534	27,836	28,796	19,435	19,054	23,472	24,964	25,998	28,774	21,431	16,602	12,814	5,948	5,365	6,042	4,122	5,778	4,545	3,372	3,327	1,216	1,146	1,053	962	854	795	0	0	0
Settlement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	434	666	764	629	629	396	265	0	0	0	-	-	-	-
Employee stock purchase plan expense
-	3	0	0	0	-	-	-	-	-	-	-	-	-	0	0	36	-	18	7	2	6	12	19	27	28	29	30	23	18	0	0	0	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85	107	104	79	78	0	0	14	0	0	0	0
Amortization of discount on convertible promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	241	470	1,029	1,553	1,358	1,436	941	482	0	0	0
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Non-cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	317	449	517	845	487	1,161	2,111	2,844	4,793	5,448	4,752	4,106	0	0	0
Net changes in fair value of derivative liabilities
143	2,589	0	0	0	-	-	-	-	20	32	39	29	69	262	288	264	-48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-614	-27	-26	-30	-3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (Gain) on change in value of warrants and embedded derivative
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,438	2,845	2,651	-1,504	-1,716	-902	1,767	6,630	8,648	15,345	6,761	9,763	0	0	0
Warrant expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	8	8	11	4	97	103	121	123	31	24	3	0	486	522	522	557	0	0	0
Abandonment of intangible assets
1,092	1,104	1,248	1,099	1,148	1,047	631	530	458	315	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Value of penalty shares issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Depreciation expense
1,041	1,097	1,134	1,140	1,133	1,113	1,064	997	898	791	673	525	395	283	194	140	98	59	35	27	27	27	26	23	21	19	18	18	18	13	9	13	18	28	0	0	0
Amortization expense of intangible assets
381	386	390	392	391	388	379	366	348	330	308	286	269	252	238	226	216	206	197	189	182	175	0	0	0	-	-	-	0	0	272	224	108	33	0	0	0
Amortization of right-of-use asset
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net accretion of premiums
-	-	-	-	-	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease incentive obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of premium on held to maturity investments
-	-	-	-	-	-	-	-	-	-	-	-	214	252	279	224	143	60	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	156	153	151	148	142	139	135	132	0	0	0
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-0	-0	-0	-0	0	0	0
Gain on note retirement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-3,798	-3,796	-3,601	-3,455	334	-599	-1,337	-2,187	-2,525	-1,708	-1,159	-461	0	0	0
Change in operating assets and liabilities:
Accounts receivable
-	-1,664	-417	-350	928	153	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-1,346	103	-3,215	-1,607	302	-836	1,106	-1,982	1,405	1,972	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	152	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	155	-	164	144	36	151	146	253	15	18	28	18	-2	-11	-10	-85	-8	-1	0	0	0
Income taxes receivable
-	-	-	-	-	-4,453	0	-0	-0	1,903	-0	0	0	940	0	0	0	-121	0	0	0	1,731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Other receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-244	0	0	0
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	127	-	-25	-50	-75	0	0	0	0	-	0	0	0	5	5	5	5	2	0	0	0
Deferred expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	701	-	0	0	0	-	-	-	-	-4	-19	-33	-48	-57	-42	0	48	62	0	0	0
Other assets
0	-	-	-	-	-151	-1,316	-1,065	-1,172	-1,325	3,572	3,559	3,666	3,843	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-101	-101	92	38	0	0	0
Deferred expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	885	855	-599	-160	224	177	-737	-477	-1,055	-1,146	0	0	0
Accounts payable and accrued expenses
-4,132	-7,377	-1,169	-6,442	-7,211	-1,954	-2,236	-3,845	3,164	1,160	1,903	6,154	3,650	8,354	2,116	4,807	4,215	1,094	1,950	1,207	-448	-1,948	-5,160	-3,061	-2,287	-1,140	3,188	3,681	5,023	5,719	6,309	2,988	3,218	3,123	0	0	0
Deferred revenue
-	-18,665	-19,793	-20,922	-22,321	-5,809	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-11,781	26,237	29,288	32,714	36,255	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	50	67	83	99	116	193	211	229	245	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-31,966	-36,128	-40,234	-51,103	-61,345	-62,129	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,568	-5,490	-8,553	-8,898	-8,942	0	0	0
INVESTING ACTIVITIES
Interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-98	-91	-84	24	31	29	32	31	29	67	42	58	94	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-26,612	-24,164	-19,093	-17,673	-13,573	-16,084	-15,869	-12,853	-12,531	-8,713	0	0	0	-	-	-	-	-	-	-	-
Restricted cash established with letter of credit agreement
-	-	-	-	-	-	-	-	-	-587	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investment securities
-	-	-	-	-	12,487	10,238	16,448	37,138	71,177	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of held-to-maturity investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	50,723	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of short-term investment securities
-	-	-	-	-	58,891	84,601	92,678	83,848	63,930	68,101	68,252	54,602	50,530	20,649	3,430	2,450	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	54	98	202	298	1,425	1,411	2,383	3,494	3,449	4,637	4,825	3,904	3,222	2,659	1,701	1,418	972	316	10	0	24	49	49	49	24	0	0	91	91	91	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
958	1,227	1,129	1,089	1,569	1,416	1,345	1,555	1,445	1,173	1,583	1,377	1,137	1,226	899	944	791	821	652	563	603	415	358	395	242	274	249	177	222	304	0	0	0	-	-	-	-
Net cash used in investing activities
-884	-1,198	-1,219	7,707	30,583	43,563	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-396	-408	-388	-347	-296	0	0	0
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-50,482	-47,449	-969	-573	-603	-439	-407	-441	-289	-295	0	0	0	-	-	-	-	-	-	-	-
FINANCING ACTIVITIES
Net proceeds of issuance of common stock
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds of issuance of common stock
0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	119,733	94,549	37,870	29,953	14,580	39,247	39,271	27,411	27,438	0	0	0	-	0	0	0	0	0	0	0
Proceeds from convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,968	4,892	3,284	2,584	3,282	7,976	8,928	9,803	8,351	0	0	0
Repayment of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	52	0	0	0	-	-	-	-
(Increase) in deferred offering expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	62	0	0	0	-	-	-	-
Cash paid for deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66	21	3	0	0	0	0	0	25	0	0	0
Principal payments on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	250	-4,312	-1,960	-1,380	0	0	0	0
Proceeds from Officer Loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	85	85	113	74	0	0	0	-	-	-	-
Repayment of officer loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	193	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from issuance of Preferred Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	264	1,342	0	0	0
Payment on cancellation of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0
Warrant exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	614	627	2,717	2,956	2,342	0	0	0	-	-	-	-	94	94	94	0	411	411	1,108	1,496	1,085	0	0	0
Proceeds from employee stock purchase plan
8	20	49	60	57	52	52	44	112	171	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax withholdings paid related to net share settlement of equity awards
-	-	-	-	-	87	90	132	354	357	362	292	53	61	-286	791	1,238	1,375	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee tax withholdings paid on equity awards
-	15	31	217	276	474	788	1,624	1,882	1,878	0	0	0	-	-	-	-	1,388	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax shares sold to pay for employee tax withholdings on equity awards
-	14	36	198	274	460	717	1,501	1,712	1,854	0	0	0	-	-	-	-	1,169	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee tax withholdings paid on equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax shares sold to pay for employee tax withholdings on equity awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
34,296	24,571	42,797	27,248	36,562	39,197	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,868	4,089	8,020	9,729	10,227	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
1,446	-12,755	1,344	-16,148	5,800	20,631	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	105,187	120,569	95,056	36,613	28,796	13,579	38,425	39,859	28,779	29,561	0	0	0	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-88,851	0	0	0	-	-	-	28,092	48,954	74,993	18,366	14,618	-2,945	22,148	26,563	15,959	20,551	-5	1,004	-588	-1,096	-1,808	-922	482	988	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for taxes
-	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	50	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SUPPLEMENTAL DISCLOSURE OF NON-CASH AND FINANCING ACTIVITIES
Amounts accrued for offering costs
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses from consultants settled with common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses settled with common stock
-	-	-	-	-	-	-	-	-	75	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts Payable from consultants settled with Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sale of treasury shares pending settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment included in accounts payable and accrued expenses
-	-	-	-	-	-	37	-52	7	66	414	537	478	362	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability reclassified into equity
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-