AEMETIS, INC. AMTX Cash Flow

Aemetis, inc. (AMTX)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Operating activities:
Net loss
-12,052	-7,654	-7,226	-13,930	-10,667	-12,311	-6,649	-6,222	-11,105	-9,039	-8,217	-5,987	-8,527	-1,445	-4,095	-4,983	-5,113	-6,453	-5,755	-6,287	-8,643	-3,740	464	2,722	7,687	3,258	-8,289	-9,592	-9,814	-6,837	20,668	-9,747	-8,364	-2,213	-5,450	-6,368	-4,263
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Share-based compensation
310	144	144	196	290	198	202	317	264	301	196	195	409	174	172	284	117	244	161	380	153	177	157	159	131	175	905	387	293	200	207	207	70	-43	116	51	53
Stock issued for services
-	-	-	-	-	0	0	0	22	118	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
1,090	1,097	1,103	1,096	1,138	1,123	1,158	1,149	1,150	1,151	1,173	1,152	1,146	1,147	1,170	1,178	1,175	1,170	1,172	1,193	1,195	1,195	1,184	1,150	1,152	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,153	1,153	1,165	-	1,211	419	344	255	341	354	189
Debt related fees and amortization expense
1,290	-	946	1,396	1,223	-	719	919	4,757	-	1,265	1,164	1,683	-	1,425	1,489	1,355	-	1,258	2,405	1,723	-	741	2,502	2,118	-	2,020	5,470	2,876	-	-	-	1,296	887	670	1,582	1,483
Intangibles and other amortization expense
12	12	12	12	12	35	35	35	35	294	34	31	33	31	32	31	32	33	32	32	32	31	31	32	32	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of Series A preferred units
960	748	589	471	449	44	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	232	956	-	11,385	0	0	-	-	-	-
Loss on sale/disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	48	126	-	-	-	-	-	-	-	-
Deferred tax benefit
-215	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangibles and other amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	124	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-26	-162	-	0	0	0	-	-	-	-
Gain on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-330	0	-1,231	0	-115	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of stock appreciation rights
0	0	-140	25	35	-101	-44	0	0	-3	0	-2	5	-59	22	-4	16	3	-16	-12	-29	-54	-17	71	48	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	33
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	-238	38	0	0	401	0
Changes in operating assets and liabilities:
Accounts receivable
-384	-3,396	1,651	1,735	973	-409	-91	-338	-241	83	1,270	231	-569	553	322	-262	-210	-1,060	100	503	385	832	-384	-1,478	-468	783	-2,700	2,704	700	-5,721	2,717	488	-598	-613	882	-1,488	-96
Inventories
-1,075	3,054	-521	-2,215	173	-1,867	1,324	514	750	-86	-249	3,203	-498	-709	887	321	-2,003	1,100	-1,613	846	117	-655	247	915	-50	-886	802	-309	182	907	-939	-136	908	712	-2,048	-1,910	-477
Prepaid expenses
117	237	-33	22	-373	-141	-498	-389	-664	-282	-410	179	142	110	36	-118	0	-411	-267	59	-490	743	-549	99	18	135	-107	-244	202	-327	-32	198	13	-71	-223	238	-117
Other assets
-428	440	715	-781	220	36	210	-243	377	384	-58	100	-1	-1,065	-1,449	1,046	578	930	-49	117	-19	-154	-55	-3	399	-	-	-	-	-	-	-	-	-	-	-	29
Accounts payable
1,074	-2,428	725	-51	2,755	-792	871	829	1,299	1,073	367	1,443	-303	-782	1,826	-1,193	-1,948	2,501	-403	-638	560	-571	-128	1,273	-1,453	-	-	-	-	-	-	-	-	-	-	-	1,307
Accrued interest expense and fees
5,440	4,761	4,971	4,100	4,201	4,012	2,994	2,560	2,897	2,721	3,265	2,849	1,977	538	667	2,296	2,947	2,354	2,647	2,378	2,421	2,457	295	227	145	-	-	-	-	-	-	-	-	-	-	-	536
Other liabilities
931	-	793	6,322	-550	-	-90	-1,621	876	-	958	494	181	-	-83	265	501	-	-208	29	563	-	-1,976	-689	1,178	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	898	-581	-	-159	235	113	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,592	-2,590	-	-521	1,636	1,048	-	-	-	-
Accrued interest expense and fees, net of payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,388	2,422	-	-3,253	1,979	2,216	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	710	397	-	-350	5	-39	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56
Net cash provided by (used in) operating activities
610	-908	105	876	-2,107	-2,152	-1,749	-1,578	-27	-2,332	-1,512	-2,374	-2,470	-73	1,351	-1,624	717	2,026	717	-1,841	-1,688	-1,418	2,723	8,033	11,254	4,403	-299	-1,831	-3,956	-4,452	-7,498	-2,029	-2,950	810	-851	-1,264	59
Investing activities:
Capital expenditures
2,372	3,525	4,015	440	598	1,576	727	775	996	435	170	467	44	150	79	92	308	49	7	1	14	131	1,367	220	247	847	354	46	29	78	622	634	32	50	477	331	1,708
Proceeds from the sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	775	0	400	-	-	-	-	-	-	-	-
Proceeds from sale of land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,121	0	-	-	-	-
Net cash used in investing activities
-2,372	-3,525	-4,015	-440	-598	-1,576	-727	-775	-996	-435	-170	-467	-44	-150	-79	-92	-308	-49	-7	-1	-14	-230	-1,367	-121	-247	-522	421	-46	371	204	-17,122	486	-32	-50	-475	1,266	-1,708
Financing activities:
Proceeds from borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,755	4,452	11,717	32,807	2,640	0	-	-	-	-
Repayments of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,728	1,259	4,867	7,686	1,075	200	-	-	-	-
Proceeds from borrowings
-	-	-	-	-	-	-	-	-	1,652	2,313	7,790	3,043	12,048	4,529	3,229	777	-	3,528	5,427	20,032	-	6,104	1,006	960	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings
3,780	-36,723	22,487	8,367	7,349	-13,340	4,069	7,211	5,204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings
3,645	-35,558	21,821	8,142	5,759	-10,674	4,068	4,159	4,222	-8,889	2,300	4,539	2,050	10,865	5,781	1,167	1,143	-	4,961	5,766	13,173	-	6,696	11,444	9,581	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings under unsecured and subdebt term notes and working capital lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,859	-	-	-	-
Proceeds from borrowing under secured debt facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,750
Repayments of borrowing under secured debt facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayments of borrowings under unsecured and subdebt notes and working capital facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,161	1,156	898	-	-	-	-
Issuance of common stock for services, option and warrant exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	0	21	0	1	4	0	-	-	-	-	1	0	0	0	-	-	-	-
GAFI proceeds from borrowings
0	-	1,019	0	24	-	1,500	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
GAFI repayments of borrowings
0	-	0	109	55	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Series A preferred units financing
1,285	-	1,475	250	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings under unsecured short term notes and working capital lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayments of borrowings under unsecured working capital facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	538
Net cash provided by financing activities
1,420	4,166	4,494	-134	1,559	4,856	1,501	3,052	982	1,308	2,823	3,251	993	1,183	-1,252	2,062	-366	-4,294	-1,431	-339	6,880	-3,580	-591	-10,434	-8,621	-45	992	2,110	3,193	4,441	24,572	1,560	2,761	-584	921	316	1,212
Effect of exchange rate changes on cash and cash equivalents
-11	4	-15	5	1	-8	-26	-23	6	138	-59	26	266	-126	41	-80	-1	84	-88	-3	-1	66	-51	-16	6	-23	-126	-160	153	20	22	-26	84	-138	60	2	-7
Net cash and cash equivalents for period
-353	-263	569	307	-1,145	1,120	-1,001	676	-35	-1,321	1,082	436	-1,255	834	61	266	42	-2,233	-809	-2,184	5,177	-5,162	714	-2,538	2,392	3,813	988	73	-239	213	-25	-8	-137	36	-345	320	-444
Supplemental disclosures of cash flow information, cash paid:
Cash paid for interest, net of capitalized interest of $88 and $64 for the three months ended March 31, 2020 and 2019, respectively
54	640	137	978	721	890	1,487	1,872	1,341	1,217	602	269	1,004	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	456	86	-	111	104	141	-	1,942	2,163	2,646	-	772	1,162	134	-	1,544	248	297	210	554	153	102
Interest payments to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	-0	93	-	94	0	0
Income taxes paid
8	8	0	0	0	0	0	0	6	0	0	0	6	0	0	0	6	0	0	0	6	0	0	0	6	0	0	0	6	0	-0	0	4	0	0	0	3
Supplemental disclosures of cash flow information, non-cash transactions:
Subordinated debt extension fees added to debt
340	0	340	0	340	0	340	0	340	0	340	0	340	0	340	0	340	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options applied to accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	21	0	0	0	16	0	0	0	0	-	-	-	-	-	-	-	-
Payment of principal and interest through the issuance of stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	363
Fair value of warrants issued to subordinated debt holders
93	0	95	0	67	0	170	0	65	0	147	0	174	1	250	0	328	0	419	0	668	0	1,206	0	95	0	0	132	995	0	-916	225	690	0	1,452	0	0
TEC debt extension, waiver fees, promissory notes fees added to debt
29	500	0	0	1,102	0	250	344	3,661	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures in accounts payable
2,289	-	-439	1,043	839	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities arising from obtaining right-of-use assets
0	-	0	0	1,181	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures purchased on financing
5,652	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock added to TEC promissory note
-	-	-	-	-	-	-	-	-	-	0	0	451	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TEC promissory notes fees added to notes
-	-	-	-	-	-	-	-	-	-	0	1,020	149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer between debt and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	438	0	0	0	0	-	-	-	-	-	-	-	-
Stock issued in connection with services and interest on debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	209	506	0	0	0	0	-	-	-	-	-	-	-	-
Repurchase of common stock on agent advance sub debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	400	2,296	5,522	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Senior debt extension and waiver fees added to debt
-	-	-	-	-	-	-	-	-	-	600	0	3,846	0	0	0	4,940	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of principal, fees and interest paid in stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	405	1,450	339	1,422	-2,656	12,612	972	957	-	-	-	-
Warrant liability transferred to equity upon exercise
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,007	0	0	0	0	-	-	-	-
Settlement of accounts payable through transfer of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	66	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-