Addvantage technologies group inc (AEY)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
Operating Activities
Net loss

-5,302

-7,319

-98

294

1,497

-6

1,669

1,250

2,536

4,186

3,019

Net income from discontinued operations

-1,267

-1,536

2,357

-

-

-

-

-

-

-

-

Net loss from continuing operations

-4,035

-5,783

-2,455

-

-

-

-

-

-

-

-

Net loss from discontinued operations

-

-

-

-

-

-666

-

-

-

-

-

Net income from continuing operations

-

-

-

-

-

659

-

-

-

-

-

Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Depreciation

367

136

151

421

408

360

-

-

-

-

-

Amortization

1,085

1,253

1,267

825

825

481

-

-

-

-

-

Allowance for doubtful accounts

-

-

-

-

50

0

-

-

-

26

129

Depreciation and amortization

-

-

-

-

-

-

330

356

370

398

411

Provision for excess and obsolete inventories

681

175

307

951

600

601

1,044

580

407

805

970

Deferred income tax provision (benefit)

-

1,328

-463

-

-

-

-

-

-

-

-

Deferred income tax provision

-

-

-

157

-341

-276

-15

234

533

-3

-40

Share based compensation expense

199

155

175

192

239

212

167

201

109

84

121

Charge for lower of cost or net realizable value for inventories

656

246

126

73

12

-

-

-

-

-

-

Loss from disposal of property and equipment

251

1

-

2

-30

0

5

-114

1

-7

-8

Restructuring charge

-

449

-

0

-

-

-

-

-

-

-

Goodwill impairment charge

-

-

-

0

-

-

-

-

-

-

-

Gain from equity method investment

135

-258

-

-184

0

0

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

1,419

-609

-300

-115

-2,057

2,351

-29

-1,193

-892

732

2,375

Unbilled revenue

2,253

-

-

-

-

-

-

-

-

-

-

Income tax receivable\payable

-157

-37

-226

603

-342

-38

-137

59

146

114

-4

Inventories

1,590

462

1,434

-1,067

1,433

2,188

-891

-2,530

-1,896

-4,950

-458

Prepaid expenses and other assets

205

-25

-19

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

165

17

14

-

-

-

-

-

Other assets

-

-

-

1

3

0

-2

-5

-74

-0

1

Prepaid expenses

-

-

-

-

-

-

-7

18

52

-14

1

Accounts payable

180

868

760

15

-1,096

-78

-128

-1,238

-403

228

-743

Accrued expenses and other liabilities

477

36

132

-

-

-

-

-

-

-

-

Deferred revenue

97

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-34

-451

838

-95

-210

-199

244

-50

Other liabilities

-

-

-

47

120

-

-

-

-

-

-

Net cash used in operating activities – continuing operations

-5,988

-666

-884

-

-

-1,716

-

-

-

-

-

Net cash provided by operating activities – discontinued operations

1,179

4,492

3,873

-

-

280

-

-

-

-

-

Net cash used in operating activities

-4,808

3,825

2,988

3,540

2,843

-1,436

4,034

4,939

6,016

10,097

5,722

Investing Activities
Acquisition of net operating assets of a business

1,264

-

6,643

178

0

9,630

-

-

-

-

-

Proceeds from sale of business

753

-

-

-

-

-

-

-

-

-

-

Loan repayment from equity method investee

-184

208

-2,389

2,773

0

-

-

-

-

-

-

Investments in and loans to equity method investee

-

-

-

-

-

0

-

-

-

-

-

Distributions from equity method investee

-

-

-

-

-

0

-

-

-

-

-

Acquisition of net operating assets, net of cash acquired

-

-

-

-

-

-

-

-

549

-

-

Purchases of property and equipment

601

127

140

319

172

43

211

97

23

77

58

Disposals of property and equipment

452

13

-

2

0

-

-

-

-

-

-

Net cash provided by (used in) investing activities – continuing operations

-475

-322

-4,394

-

-

-9,674

-

-

-

-

-

Net cash provided by investing activities – discontinued operations

7,075

10

-47

-

-

3,413

-

-

-

-

-

Additions of land and buildings

-

-

-

-

-

-

-

110

1,475

19

11

Disposals of machinery and equipment

-

-

-

-

-

-

12

-

43

22

36

Net cash provided by investing activities

6,599

-312

-4,442

-4,269

-1,172

-6,261

-198

-207

-2,004

-74

-32

Financing Activities
Change in bank line of credit

-500

500

-

0

-

-

-

-

-

-

-

Guaranteed payments for acquisition of business

-

-

-

1,000

1,000

0

-

-

-

-

-

Proceeds from note payable

-

-

4,000

0

0

5,000

-

-

-

-

-

Guaranteed payments for acquisition of business

667

667

1,000

-

-

-

-

-

-

-

-

Payments on financing lease obligations

64

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

16

0

0

-

-

-

-

-

-

Net change in bank revolving line of credit

-

-

-

-

-

-

-

-

-

-

-2,789

Payments on notes payable

1,496

4,005

1,881

873

846

492

184

10,371

1,814

1,984

1,863

Purchase of treasury stock

-

-

-

-

-

-

479

113

-

-

352

Proceeds from stock options exercised

-

-

-

-

-

-

3

1

6

-

-

Net cash provided by (used in) financing activities – continuing operations

-2,728

-4,172

1,101

-

-

-

-

-

-

-

-

Net cash used in financing activities – discontinued operations

-597

-184

-184

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-3,325

-4,356

917

-873

-846

4,507

-660

-10,483

-1,807

-1,984

-5,005

Net increase (decrease) in cash and cash equivalents and restricted cash

-1,535

-843

-535

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-1,602

824

-3,190

3,175

-5,752

2,204

8,039

684

Supplemental cash flow information:
Cash paid for interest

126

220

360

195

245

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

126

26

1,164

704

814

944

Cash paid for income taxes

-172

-59

-61

597

944

-

-

-

-

-

-

Cash paid for income taxes

-

-

-

-

-

62

971

622

1,344

2,767

1,934

Deferred guaranteed payments for acquisition of business

-

-

1,836

0

0

2,744

-

-

-

-

-

Promissory note from disposition of business

6,375

-

-

-

-

-

-

-

-

-

-

Note receivable from disposition of net operating assets

-

-

-

0

-

-

-

-

-

-

-