Audioeye inc (AEYE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-7,783

-5,019

-5,607

-9,578

-7,209

-9,750

-2,882

-1,166

-1,744

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

722

551

538

570

534

416

359

137

13

Amortization of debt discounts

-

-

862

600

26

1

12

-

-

Bad debt expense

-

-

3

0

-

-

-

-

2

Non-cash interest expense associated with derivative warrants

-

-

39

0

-

-

-

-

-

Option, warrant, restricted stock unit and performance stock unit expense

1,216

825

1,750

1,085

1,075

1,844

1,241

31

0

Impairment loss on non-marketable securities

-

-

-

50

0

-

-

-

-

Bad debt expense

-

-

-

-

-

108

0

-

-

Loss on conversion of accounts receivable to marketable securities

-

-

-

-

-

36

-

-

-

Change in fair value of derivative liabilities

-

-

-155

-2,758

187

0

-

-

-

Amortization of deferred commission

240

103

0

-

-

-

-

-

-

Amortization of debt issuance costs

82

175

-

-

-

-

-

-

-

Unrealized loss on marketable securities

-0

-0

-0

-2

-10

-10

-

-

-3

Noncash operating lease expense

214

0

-

-

-

-

-

-

-

Stock issued for services

-

-

25

63

682

918

-

-

-

Realized loss on marketable securities

-

-

-

-

-

-

-19

12

-

Change in fair value of warrant liability

-98

0

13

0

-

-

-

-

-

Loss on settlement of debt

0

-267

-15

-1,664

0

-

-

-

-

Changes in operating assets and liabilities:
Patent impairment expense

-

-

-

-

-

-

-

-

147

Accounts receivable

2,945

66

64

21

-238

-139

603

4

-1

Deferred costs

298

293

0

-

-

-

-

-

-

Related party receivable

-

-

-

-

-10

-72

66

3

13

Other current assets

148

-17

47

-21

-49

90

-

-

-

Fees and interest incurred on debt

-

-

-

-

-

-

-

-

280

Accounts payable and accruals

879

11

-160

151

-566

384

53

241

-58

Operating lease liabilities

179

3

-

-

-

-

-

-

-

Deferred revenue

2,497

1,795

-

-

-

-

-

-

-

Billing in excess of costs

-

-

-

-

-123

123

-54

-

-

Deferred rent

-

-

0

-14

0

-

-

-

-

Deferred revenue

-

-

847

325

60

0

-

-

-

Related party payables

-14

-9

6

-48

-75

-14

522

431

398

Net cash used in operating activities

-5,615

-1,643

-1,622

-2,340

-

-

-1,398

-303

-957

CASH FLOWS FROM INVESTING ACTIVITIES:
Deferred revenue

-

-

-

-

-

-

-

-41

-13

Net cash (used in) operating activities

-

-

-

-

-5,474

-5,801

-

-

-

Purchase of equipment

55

10

41

0

-

-

-

-

-

Purchase of domain name

0

10

0

-

-

-

-

-

-

Cash (paid for) computer equipment

-

-

-

-

-

-

-

-

0

Cash paid for intellectual property

-

-

-

42

43

48

11

2

102

Investment in non-marketable securities held in related party

-

-

-

-

-

50

-

-

-

Software development costs

307

404

383

0

233

388

-

-

-

Net cash used in investing activities

-363

-425

-424

-42

-

-

-11

-2

-102

CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of common stock and warrants for cash

0

5,609

1,550

2,129

325

2,682

3,231

-

-

Repayments of notes payable

-

-

-

-

-28

-

-

-

-4

Borrowings on related party debt

-

-

-

-

-

-

224

12

-

Borrowings on convertible debt

-

-

-

-

-

0

532

1,017

-

Net cash provided by financing activities

-

-

-

-

5,765

6,113

-

-

-

Issuance of convertible note payable-related party

0

50

0

-

-

-

-

-

1,087

Collection of stock subscription receivable

-

-

-

-

-1,175

0

-

-

-

Issuance of preferred stock for cash

-

-

-

-

1,750

0

-

-

-

Issuance of convertible notes payable

0

174

862

0

2,500

-

-

-

-

Proceeds from exercise of warrants

2,231

10

-

-

-

-

-

-

-

Proceeds from exercise of warrants

-

-

210

0

43

3,643

47

-

-

Net cash (used in) investing activities

-

-

-

-

-277

-486

-

-

-

Payments on related party loans

-

-

-

-

-

35

-

2

-

Payments on debt

-

-

-

-

-

178

218

742

-

Repurchase of treasury stock

-

-

-

-

-

-

573

-

-

Proceeds from exercise of options

24

20

0

-

-

-

-

-

-

Repayments of finance leases

47

14

23

24

-

-

-

-

-

Net advance to affiliates

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) financing activities

2,209

5,850

2,598

2,105

-

-

3,245

285

1,083

Net decrease in cash

-3,769

3,781

-

-

-

-

-

-

-

Net increase in cash

-

-

551

-277

14

-174

1,835

-20

23

Warrants issued for accrued salary

-

-

-

-

-

-

1,022

-

-

Warrants issued for accounts payable

-

-

-

-

-

-

51

-

-

Repayment of related party payables with common stock

-

-

-

-

-

-

50

-

-

Treasury stock purchased in exchange for reduction of accounts receivable

-

-

-

-

-

-

50

-

-

Forgiveness of related party debt and accrued interest

-

-

-

-

-

-

-

84

0

Accounts payable paid by related party loan

-

-

-

-

-

-

-

50

0

Gain on troubled debt restructuring with related party

-

-

-

-

-

-

-

-

121

Interest reclassed to principal

-

-

-

-

-

-

-

-

74

Acquisition of non controlling interest

-

-

-

-

-

-

-

14

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest paid

5

3

0

0

-

-

-

-

-

Capital contribution paid by related party

-

-

-

-

-

-

-

-

0

Interest paid

-

-

-

-

4

11

12

2

9

Income taxes paid

-

-

0

0

0

0

-

-

-

Non cash investing and financing activities:
Right-of-use assets and operating lease obligations recognized during the year

483

0

-

-

-

-

-

-

-

Debt issuance costs

219

0

-

-

-

-

-

-

-

Reclassify fair value of liability warrants from liability to equity upon exercise

-

-

758

0

-

-

-

-

-

Debt discount originated from derivative feature of warrants attached to note

-

-

50

0

-

-

-

-

-

Repayment of related party debt with common stock

-

-

-

-

-

-

224

-

-

Common stock issued for cashless exercise of options and warrants

-

-

-

-

-

0

-

-

-

Notes payable acquired from related party

-

-

-

-

-

-

-

-

0

Beneficial conversion feature and warrants issued with convertible notes

-

-

-

0

-

-

-

-

-

Common stock issued in settlement of convertible notes payable and accrued interest

0

225

865

1,078

0

-

-

-

0

Debt discount originated from issuance of warrant attached to notes payable

0

175

812

-

-

-

-

-

-

Warrants issued in settlement of convertible notes and accrued interest

-

-

-

3,205

0

-

-

-

-

Restricted stock units issued in payment of accrued compensation

-

-

14

72

-

-

-

-

-

Debt discount for warrants issued with debt

-

-

-

-

627

0

13

-

-

Warrant issued for cancellation of common stock

-

-

-

-

0

0

-

-

-

Accounts receivable converted to marketable securities

-

-

-

-

-

-

-

-

7

Deemed dividend beneficial conversion feature on convertible preferred stock

-

-

-

-

594

-

-

-

-

Deemed dividend on Series A Convertible preferred stock

-

-

-

-

-

0

-

-

-

Warrants issued for accrued salary

-

-

-

-

-

21

-

-

-

Common stock issued for subscription receivable

-

-

-

-

-

1,175

-

-

-

Conversion of accounts receivable to marketable securities

-

-

-

-

-

60

-

-

-

Payment of related party debt in exchange for available for sale securities

-

-

-

-

-

-

10

-

-

Common stock issued for cashless exercise of warrants and options

-

-

0

0

-

-

1,709

1,296

-

Common stock issued on conversion of preferred stock

-

-

0

0

-

-

-

-

-

Equipment acquired through finance leases

61

95

0

-

-

-

-

-

-

Warrants issued in settlement of convertible notes payable and accrued interest

-

-

-

3,205

-

-

-

-

-

Reclassify fair value of warrant liabilities to equity upon adoption of ASU 2017-11

-

-

6

280

0

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

-

0

Accounting Standards Update 2016-02 [Member]
Right-of-use assets and operating lease obligations recognized during the year

568

0

-

-

-

-

-

-

-

Accounting Standards Update 2017-11 [Member]
Reclassify fair value of warrant liabilities to equity upon adoption of ASU 2017-11

0

2,984

-

-

-

-

-

-

-