Addvantage technologies group inc (AEY)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
Operating Activities
Net loss

-14,661

-1,717

-1,562

-1,485

-1,215

-1,038

-4,846

-1,506

-259

-706

-259

-66

10

217

-191

316

145

23

210

637

234

415

619

102

-894

165

340

235

296

797

-

-

-

-

-

-

-

-

Net income from discontinued operations

-

-

0

-1,426

-4

164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from continuing operations

-14,661

-1,717

-1,562

-58

-1,211

-1,203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-75

-616

26

-

-

-

-

-

-

-

-

-

-

-

-

Net income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

619

177

-277

139

-

-

-

-

-

-

-

-

-

-

-

-

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

244

183

110

109

114

32

40

-101

99

98

-177

110

114

103

109

109

108

95

109

100

100

98

101

98

84

75

-

-

-

-

-

-

-

-

-

-

-

-

Amortization

262

264

272

272

272

266

313

313

313

313

313

313

328

311

206

206

206

206

206

206

206

206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

459

-76

446

-

467

598

740

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

67

53

78

89

89

88

88

107

89

86

87

Provision for excess and obsolete inventories

-

-

604

0

49

28

-384

500

-100

161

-125

149

117

166

501

150

150

150

150

150

150

150

150

151

140

160

594

150

140

160

228

150

100

102

101

102

101

102

Deferred income tax provision

-

-

-

-

-

-

-

-160

-130

345

-

-132

-21

-4

177

-66

44

2

-161

-47

-70

-63

-128

-60

-35

-53

-10

-53

72

-24

211

-2

31

-6

385

180

-25

-7

Share based compensation expense

88

17

46

46

51

54

33

46

36

38

45

43

45

41

50

47

49

45

54

59

63

62

77

72

30

31

41

42

41

41

48

80

70

0

44

28

33

2

Charge for lower of cost or net realizable value for inventories

-

-

-

-

-

-

26

192

15

11

7

67

18

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from disposal of property and equipment

-

-

-

-

-

-

0

-6

1

6

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from equity method investment

18

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

116

-49

-654

537

1,084

452

-572

291

-61

-267

-929

704

119

-195

-1,560

188

1,681

-425

-1,463

-601

1,321

-1,313

2,564

-589

453

-76

655

-792

-12

119

-102

-194

231

-1,127

-2,745

173

-466

2,146

Unbilled revenue

-1,018

-11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable\payable

-1

15

-152

86

-20

-69

-133

100

-2

-2

152

-265

5

-119

533

-227

161

136

-129

7

0

-220

-333

-90

555

-169

259

-24

37

-409

322

-134

118

-247

185

-182

-60

203

Inventories

-630

536

-208

676

859

262

-514

882

-151

245

894

758

430

-650

432

59

-1,083

-475

-733

-136

1,814

489

-1,013

936

-140

2,405

16

198

-232

-873

-957

-717

744

-1,600

-2,931

863

1,452

-1,280

Prepaid expenses and other assets

154

-45

-

-

318

79

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-85

92

-38

-

-69

84

-29

110

-85

167

-26

34

-78

81

-20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

3

0

-3

-

0

0

0

0

0

1

0

-

-

-

-

-

-

-

-

0

0

0

-2

0

0

-5

0

-86

-39

39

12

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

3

-53

71

-28

22

-22

94

-75

45

80

-112

38

Accounts payable

186

-542

-2,125

1,217

1,587

-499

1,211

-1,325

896

86

-148

533

195

179

-625

427

184

28

-970

-1,727

1,938

-336

-348

-1,398

108

1,560

-518

23

105

261

72

-685

673

-1,298

-573

987

-1,356

538

Accrued expenses and other liabilities

-292

-108

-

-

-107

150

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-30

193

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107

-

-

-

-

-

-

-

-

Accrued expenses

-

-

-

-

-

-

-

561

-167

-243

-

459

-87

-278

-59

404

-55

-323

-389

-93

114

-83

785

38

345

-331

107

-310

456

-348

164

-24

200

-550

253

47

6

-506

Other liabilities

-

-

-

-

-

-

-

15

15

20

-

18

44

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities – continuing operations

-1,999

-2,176

-1,193

-444

-2,454

-1,895

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

184

-894

-417

-589

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities – discontinued operations

-

-

0

1,020

192

-32

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

14

362

-105

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-1,999

-2,176

-1,193

575

-2,262

-1,927

1,421

1,122

1,098

183

704

368

125

1,791

-

-

55

1,018

1,712

95

-479

1,515

192

-879

-54

-694

243

844

677

2,269

2,065

1,136

-95

1,833

843

2,797

297

2,078

Investing Activities
Principal payments from promissory note

-

584

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of net operating assets of a business

-

-

0

0

764

500

-

-

-

-

0

0

0

6,643

0

0

0

178

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan repayment from equity method investee

-18

-22

-60

-20

-67

-37

-40

-10

218

41

-89

-72

-1,256

-970

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

55

99

144

317

138

1

-

-

-

-

-28

39

60

69

120

16

158

24

82

12

13

63

14

6

22

1

-

-

-

-

-4

38

2

60

2

7

6

7

Disposals of property and equipment

57

25

-

-

-

-

0

-10

0

23

-

1

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

20

531

669

154

-835

-464

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities – discontinued operations

-

-

0

725

1,339

5,010

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions of land and buildings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-3

89

24

-

-

-

-

Disposals of machinery and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-0

1

0

41

Net cash provided by investing activities

20

531

669

879

504

4,545

-51

10

-252

-18

1,069

34

196

-5,742

-

-

-1,579

-202

-26

-68

-1,013

-63

1,398

374

-8,033

-1

-

-

-

-

4

-35

-91

-85

-1,477

-555

-6

34

Financing Activities
Change in bank line of credit

1,800

1,700

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of loans to equity method investee

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guaranteed payments for acquisition of business

-

-

-

-

-

-

-

-

0

667

-

0

1,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from note payable

-

-

-

-

-

-

-

-

-

-

0

0

0

4,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Guaranteed payments for acquisition of business

0

667

0

0

0

667

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on financing lease obligations

95

77

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

0

0

0

15

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on notes payable

-

-

-500

750

-750

1,996

335

239

374

3,055

361

543

539

437

221

219

217

215

213

211

211

209

294

51

100

46

46

46

46

46

46

46

9,826

453

453

453

1,360

-453

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

411

68

-

-

-

-

-

-

-

-

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

5,335

955

-814

0

750

-2,663

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities – discontinued operations

-

-

0

0

-413

-184

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

5,335

955

-814

0

336

-2,847

-381

122

-374

-3,722

-1,545

-543

-539

3,546

-

-

-217

-215

-213

-211

-211

-209

-294

-51

4,899

-46

-46

-46

-453

-114

-46

-46

-9,938

-453

-

-

-

-

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

3,356

-689

-1,339

1,455

-1,421

-229

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-3,557

-

-140

-218

-404

-635

174

-1,742

600

1,472

-185

-1,704

1,243

1,296

-555

-3,188

-742

135

692

192

2,154

2,023

1,054

-10,125

1,294

-1,087

1,788

-155

1,659

Supplemental cash flow information:
Cash paid for interest

41

102

16

16

35

57

90

0

11

118

103

95

98

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43

63

46

-

50

51

53

46

49

25

5

6

6

6

6

7

6

991

159

168

174

177

185

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

142

-

-

-

-

30

5

27

0

572

103

296

0

362

166

42

51

317

327

586

113

Deferred guaranteed payments for acquisition of business

-

-

-

-

-

-

-

-

-

-

0

-61

0

1,897

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on interest rate swap

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

857

99

-

-47

134

237

Deferred tax provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

325

45

-

-18

231

-90

Unrealized gain on interest rate swap, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

532

54

-

-29

83

147