Adynxx, inc. (ALQA)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities:
Net loss

-8,417

-25,707

-28,243

-26,017

-25,445

-21,976

-4,905

-13,853

-3,098

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

1,881

5,415

4,162

2,867

1,080

674

647

632

624

Amortization of deferred lease incentive

21

45

42

8

-

-

-

-

-

Amortization of deferred lease incentive

-

-

-

-

-8

-0

0

-

-

Loss on disposal of property and equipment

-89

-2

-

-

0

-19

0

-

-

Lease incentive

-

-

267

0

-

-

-

-

-

Impairment charges

0

10,300

10,895

0

-

-

-

-

-

Deferred income tax expense

0

-743

-715

-1,718

14

9

11

11

0

(Recovery)/Provision for doubtful accounts

13

122

38

108

0

-

-

-

-

Reserve for note receivable

0

-650

1,020

0

-

-

-

-

-

(Recovery) Provision for excess and slow moving inventory

-8

68

-

-

-

-

-

-

-

Provision for excess and slow moving inventory

-

-

-58

58

-75

58

17

-0

0

Stock-based compensation expense

1,004

2,020

4,863

8,634

10,534

4,204

1,425

1,678

531

Deferred rent

2

2

84

0

-

-

-

-

-

Accrued interest receivable

0

0

19

0

-

-

-

-

-

Amortization of debt issuance and discount costs

254

824

841

565

0

-

-

-

-

Loss on early extinguishment of debt

1,706

182

321

-

-

-

-

-

-

Warrant modification expense

0

803

0

-

-

-

-

-

-

Loss on early extinguishment of debt

-

-

-

0

-

-

-

-

-

Impairment of in process research and development

-

-

-

-

-

8,100

0

-

-

Impairment of Goodwill

-

-

-

-

-

-

-

9,386

-

Stock issued for services rendered

-

-

-

-

195

87

250

0

20

Changes in fair value of warrant liability

26

-692

-841

-2,095

43

-

-

-

-

Change in value of warrant liability

-

-

-

-

-

-1,833

0

-

-

Fair value adjustment of contingent consideration liability

0

35

-10,065

-1,474

231

0

-

-

-

Gain on sale of assets

5,488

1,696

3,311

-

-

-

-

-

-

Gain on sale of assets

-

-

-

0

-

-

-

-

-

Warrants Issued For Services

-

-

-

-

-

-

-

0

-

Change in Value of Warrant Liability

-

-

-

-

-

-

-

4

7

Fair value of rent provided by related party

-

-

-

-

-

-32

0

-

-

Deferred Rent

-

-

-

-

-

-

-

0

-

Changes in operating assets and liabilities:
Accounts receivable

-3,153

621

281

780

800

47

41

-55

-97

Due from Employees

-

-

-

-

-

-

-

0

-

Inventory

120

-792

112

1,438

437

241

106

101

19

Prepaid expenses and other assets

31

-550

-207

257

387

-105

133

7

58

Accounts payable

-1,354

-1,004

-26

572

937

173

320

-

-

Goodwill

-

-

-

-

-

-

-

-

0

Accrued expenses and other liabilities

-2,399

-629

2,680

-639

826

977

208

45

156

Net proceeds from issuance of notes payable

-

-

-

-

-

-

50

-

-

Net Cash Provided by (Used in) Financing Activities

-

-

-

46,302

20,301

16,727

2,052

-

-

Net cash used in operating activities

-9,710

-10,672

-18,335

-

-

-

-

-2,196

-1,713

Cash flows from investing activities:
Deferred revenue

-

-

-

-

-

-

39

-39

39

Net Cash Used in Operating Activities

-

-

-

-21,622

-13,291

-4,769

-1,966

-

-

Proceeds from sale of assets

29,000

3,411

4,103

0

-

-

-

-

-

Payment for distribution rights

-

-

-

-

333

66

-

-

-

Payment for distribution rights

-

-

-

-

-

-

0

-

-

Purchase of improvements and equipment

0

179

893

423

6

51

86

-

-

Acquisition of business, net of cash acquired

-

-

-

14,948

1,999

0

-

-

-

Issuance of note

-

-

-

0

-

-

-

-

-

Issuance of bridge loan

0

350

1,000

-

-

-

-

-

-

Release of escrow deposit

300

0

-

-

-

-

-

-

-

Proceeds from bridge loan

0

1,000

0

-

-

-

-

-

-

Cash Acquired from Acquisition

-

-

-

-

-

-

-

-

1,793

Decrease in Restricted Cash

-

-

-

-

-

-

-

-362

362

Purchase of Equipment and Parts Not Placed In Service

-

-

-

-

-

-

-

124

-

Purchases of property and equipment

-

-

-

-

-

-

-

164

0

Purchase of Property and Equipment

-

-

-

-

-

-

-

-

-53

Net cash used in investing activities

29,300

3,882

2,210

-

-

-

-

73

1,377

Cash flows from financing activities:
Contingent purchase price payments

0

675

2,573

-

-

-

-

-

-

Net proceeds from bridge loan

1,712

0

-

-

-

-

-

-

-

Net Cash Used in Investing Activities

-

-

-

-15,371

-2,339

-118

-86

-

-

Contingent purchase price payments

-

-

-

0

-

-

-

-

-

Payments on term loan

14,135

1,618

1,748

0

-

-

-

-

-

Proceeds from issuance of convertible promissory notes - related party

-

-

-

-

-

1,221

300

-

-

Prepayment penalty

-

-

-

0

-

-

-

-

-

Fees paid on early extinguishment of debt

466

32

52

-

-

-

-

-

-

Net proceeds from issuance of common stock

0

5,849

0

32,197

14,372

15,797

2,002

990

1,550

Net proceeds from long-term debt

-

-

-

14,244

0

-

-

-

-

Net proceeds from issuance of preferred stock

-

-

-

-

-

930

0

-

-

Proceeds from the exercise of stock options

-

-

-

332

1,371

0

-

-

-

Proceeds from the exercise of warrants

-

-

-

-

5,225

0

-

-

-

Payment of withholding taxes related to stock-based employee compensation

2

133

2

471

668

0

-

-

-

Net cash provided by financing activities

-12,891

3,391

-4,375

-

-

-

-

990

1,550

Other supplemental disclosure:
Cash paid for interest

362

1,008

1,599

-

-

-

-

-

-

Non-cash investing and financing activities:
Net (Decrease) in Cash and Cash Equivalents

6,699

-3,399

-20,500

9,309

4,670

11,840

0

-1,133

1,214

Taxes

480

0

-

-

-

-

-

-

-

Interest

-

-

-

1,000

0

4

3

2

2

2016 Accrued bonus awarded in equity

0

374

0

-

-

-

-

-

-

Extinguishment of warrant liability due to cashless warrant exercise

-

-

-

31

672

-

-

-

-

2015 Accrued bonus awarded in equity

-

-

474

0

-

-

-

-

-

Leasehold improvements provided by landlord

-

-

-

-

-

101

0

-

-

Conversion of note payable to equity

-

-

-

-

-

-

50

-

-

Warrant issued to placement agent in connection with preferred stock

-

-

-

-

-

43

0

-

-

Warrant and beneficial conversion feature issued to investor as discount in connection with preferred stock

-

-

-

-

-

369

0

-

-

Preferred stock contingent beneficial conversion feature triggered due to price reset provision

-

-

-

-

-

89

0

-

-

Deemed dividend on preferred stock

-

-

-

-

-

462

0

-

-

Conversion of preferred stock into common stock

-

-

-

-

-

888

0

-

-

Cashless warrant exercise

-

-

-

-

-

-

0

-

-

2015 Bonus awarded in equity

-

-

-

-

307

0

-

-

-

Common stock issued for contingent purchase price payments

0

1,175

2,573

0

-

1,505

-

-

-

Warrant exchange

-

-

-

-

0

0

-

-

-

Current assets, excluding cash and cash equivalents

-

-

-

1,836

408

0

-

-

-

Improvements and equipment

-

-

-

-

0

-

-

-

-

Intangibles

-

-

-

31,952

2,683

0

-

-

8,100

Goodwill

-

-

-

17,066

3,674

0

-

-

9,386

Current Assets

-

-

-

-

-

-

-

-

1,808

Liabilities assumed

-

-

-

2,006

73

0

-

-

-11

Deferred tax liability

-

-

-

3,122

0

-

-

-

-

Contingent consideration

-

-

-

15,570

2,700

0

-

-

-

Issuance of common stock for acquisition

-

-

-

15,208

-

-

-

-

-

Issuance of common stock for acquisition

-

-

-

-

1,992

0

-

-

17,498

Common stock issued to related party for rent

-

-

-

-

-

-

-

0

-

Common Stock issued to a service provider for advertising

-

-

-

-

-

-

-

0

-

Common stock issued in a cashless exercise of warrants

-

-

-

-

-

-

-

2

-

Conversion of Notes Payable to Equity

-

-

-

-

-

-

-

0

-

Total purchase price

-

-

-

-

-

-

-

-

19,283

Less: Cash acquired

-

-

-

-

-

-

-

-

1,793

Total non-cash consideration

-

-

-

-

-

-

-

-

17,489