Akoustis technologies, inc. (AKTS)
CashFlow / Yearly
Jun'19Jun'18Jun'17Jun'16Mar'16Jun'15Mar'15Jul'14Apr'14
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-29,248

-21,739

-9,833

-5,406

-3,710

-1,221

-446

-

-

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

2,497

1,263

-

-

-

-

-

-

-

Amortization of debt discount

1,984

205

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-26

-6

Depreciation

-

-

102

34

26

8

5

-

-

Amortization of intangibles

-

-

7

3

2

1

1

-

-

Stock based compensation

7,240

5,491

4,631

849

639

231

6

-

-

Non-cash interest payments

1,017

-

-

-

-

-

-

-

-

(Gain)/Loss on disposal of assets

-50

45

-

-

-

-

-

-

-

Impairment on assets held for sale

-

350

-

-

-

-

-

-

-

Change in fair value of derivative liabilities

150

54

-877

-968

-106

1

0

-

-

Loss on disposal of fixed assets

-

-

0

-

-

-

-

-

-

Change in fair value of contingent real estate liability

-

-

0

-

-

-

-

-

-

Change in fair value of contingent real estate liability

785

501

-

-

-

-

-

-

-

Bargain purchase

-

-

1,725

0

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-

-

0

-

-

-

-

-

-

Accounts receivable

70

215

-

-

-

-

-

-

-

Inventory

36

-131

48

43

13

-

30

-

-

Prepaid expenses

42

147

103

-4

40

59

19

-

-

Other current assets

420

441

42

0

-

-

-

-

-

Other assets

-

-

0

-

-

-

-

-

-

Other assets

250

1

-

-

8

8

2

-

-

Accounts payable and accrued expenses

710

1,258

572

275

207

70

52

-

-

Change in other long-term liabilities

-

-

0

-

-

-

-

-

-

Change in other long-term liabilities

-

-117

-

-

-

-

-

-

-

Deferred revenue

65

-38

-

-

-

-

-

-

-

Deferred revenue

-

-

14

0

-

-

-

-

-

Net Cash Used in Operating Activities

-17,668

-14,200

-5,548

-3,312

-

-

-

-26

-6

Net Cash Used In Operating Activities

-

-

-

-

-2,789

-980

-433

-

-

CASH FLOWS FROM INVESTING ACTIVITIES:
Cash paid for machinery and equipment

4,750

6,942

1,625

160

143

80

71

-

-

Cash received from sale of assets held for sale

33

-

-

-

-

-

-

-

-

Cash paid for acquisition of STC-MEMS

-

-

2,846

0

-

-

-

-

-

Cash paid for intangibles

174

73

60

43

36

31

28

-

-

Borrowings from promissory note

-

-

-

-

0

30

30

-

-

Repayment of promissory note

-

-

-

-

0

30

30

-

-

Net Cash Used in Investing Activities

-4,891

-7,015

-4,531

-203

-

-

-

-

-

Net Cash Used In Investing Activities

-

-

-

-

-179

-111

-99

-

-

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock

28,959

13,200

15,384

3,332

5,011

4,276

35

27

9

Proceeds from issuance of preferred stock

-

-

-

-

0

0

530

-

-

Proceeds from the exercise of warrants

70

75

171

10

0

0

0

-

-

Proceeds received from convertible notes, net

8,867

13,125

-

-

0

655

655

-

-

Net Cash Provided By Financing Activities

-

-

-

-

5,011

4,931

1,220

-

-

Proceeds from loans

-

-

-

-

-

-

-

-

0

Net Cash Provided by Financing Activities

37,896

26,400

15,556

3,342

-

-

-

27

9

Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash

15,337

5,185

5,476

-174

2,042

3,839

687

0

2

SUPPLEMENTARY CASH FLOW INFORMATION:
Cash Paid During the Period for:
Income taxes

-

-

0

0

0

0

0

-

-

Interest

443

-

0

0

-

-

-

-

-

Conversion of convertible notes into common stock

-

-

-

-

655

655

0

-

-

Reclassification of derivative liability to additional paid in capital

-

-

-

-

0

0

0

-

-

SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Interest

-

-

-

-

0

0

0

-

-

Warrants issued for stock issuance costs

-

646

-

-

-

-

-

-

-

Stock compensation payable

93

3

-

-

-

-

-

-

-

Derivative liability of convertible notes

-

-

0

-

-

-

-

-

-

Stock compensation payable

-

-

654

146

101

33

5

-

-

Warrants issued for stock issuance costs

-

-

991

165

206

206

0

-

-

Reclassification of derivative liability to additional paid in capital

-

-

2,200

0

-

-

-

-

-

Contingent liability

-

-

1,730

0

-

-

-

-

-

Reclassification of fixed assets to assets held for sale, net

33

683

0

-

-

-

-

-

-

Vesting of restricted shares

648

522

-

-

-

-

-

-

-

Common stock issued in payment of note interest

1,021

-

-

-

-

-

-

-

-

Debt issuance costs included in accounts payable and accrued expenses

-30

30

0

-

-

-

-

-

-

Intrinsic value of beneficial conversion feature

3,951

1,809

0

-

-

-

-

-

-