Digital turbine, inc. (APPS)
CashFlow / Yearly
Mar'19Mar'18Mar'17Mar'16Mar'15Mar'14Mar'13Mar'12Mar'11
Cash flows from operating activities
Net loss

-

-

-

-

-24,647

-18,704

-14,161

-30,707

-9,384

Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

-4,302

-19,697

-19,138

-24,492

-

-

-

-

-

Adjustments to reconcile net income from continuing operations to net cash provided by / (used in) operating activities:
Loss on disposal of discontinued operations, net of taxes

-

-

-

-

-

820

-

-

-

Gain on disposal of discontinued operations, net of taxes, net of impact of foreign currency translation

-

-

-

-

-

-

-

-

-4,215

Depreciation and amortization

2,766

2,660

2,606

7,873

2,108

1,856

646

429

638

PIK Interest

-

-

-

-

-

-

151

575

-

Change in allowance for doubtful accounts

383

299

48

-495

698

0

22

-

-

Amortization of debt discount and debt issuance costs

798

1,018

1,256

470

34

-

-

-

-

Loss on extinguishment of debt

-

-

-

-

-

-

-

2,004

-

Amortization of debt discount

-

-

-

-

-

187

1,420

9,709

644

Accrued interest

-

-

-

-

77

109

290

-

-

Finance costs

-

-

-

-

-

1,173

-

1,194

-

Fair value of financing costs related to conversion options

-

-

-

-

-

-470

-

-1,255

-

Allowance for doubtful accounts

-

-

-

-

-

-

-

12

307

Stock-based compensation

2,011

2,655

3,362

5,095

5,850

1,938

487

-

326

Stock-based compensation for services rendered

520

323

398

867

490

2,755

3,079

-

-

Change in fair value of convertible note embedded derivative liability

-1,008

-7,559

475

0

0

-

-

-

-

Revaluation of contingent liability

-

-

-

-

-

-

83

-

-

Change in fair value of warrant liability

4,875

3,208

-147

0

0

811

22

4,447

-

Gain (Loss) on Extinguishment of Debt

-431

-1,785

-293

0

0

-

-

-

-

Warrants issued for services

-

-

-

-

-

406

555

-

-

Stock issued as settlement of debt with a supplier

-

-

-

-

-

-24

-

-

-

Settlement of debt with a supplier

-

-

-

-

-

51

-337

-1,393

-

Revaluation of contingent liability

-

-

-

-

-

-603

-

-

-

Impairment of intangible assets

0

0

757

0

0

154

1,119

5,288

6,028

Stock issued for settlement of liability

-

-

-

283

0

0

-

-

-

Loss on disposal of leasehold improvements

-

-

-

-

-

-

-41

-

-

(Increase) / decrease in assets:
Restricted cash transferred from operating cash

-

-

-

-200

0

200

-

-

-

Accounts receivable

6,040

7,071

3,882

5,097

406

734

260

-1,521

-3,303

Deposits

-

-

-

35

63

-523

510

-

-

Deferred tax assets

-556

244

-148

418

-3,156

0

-

-

-

Deferred financing costs

-

-

-

-

-

0

-

-

-

Prepaid expenses and other current assets

430

336

-104

21

142

2,566

-377

-176

-160

Increase / (decrease) in liabilities:
Accounts payable

-4,983

8,108

4,434

3,380

-379

-893

513

637

-497

Accrued license fees and revenue share

7,973

5,221

-4

2,713

2,988

737

-421

-34

-625

Accrued compensation

-525

2,445

385

-1,100

325

650

110

211

-166

Accrued interest

-

-

-

12

-

-

-

-

-

Other current liabilities

-253

52

-1,287

-806

-4,589

3,229

75

-556

-224

Other non-current liabilities

182

-695

-116

0

0

-

-

-

-

Net cash provided by operating activities - continuing operations

4,970

7,290

-11,258

-11,571

-

-

-

-

-

Net cash used in operating activities - discontinued operations

-3,701

-324

4,594

4,502

-

-

-

-

-

Net cash provided by / (used in) operating activities

1,269

6,966

-6,664

-7,069

-14,500

-7,807

-6,865

-1,829

-1,909

Cash flows from investing activities
Capital expenditures

2,314

1,992

1,418

1,549

67

207

12

17

88

Settlement of contingent liability

-

-

-

-

49

0

-

-

-

Cash used in acquisition of assets

-

-

-

-

2,125

0

-

-

-

Proceeds from sale of cost method investment in Sift

0

0

999

0

0

0

-

-

-

Net cash proceeds from cost method investment in Sift

-

-

-

875

0

-

-

-

-

Net cash used in investing activities - continuing operations

-2,314

-1,992

-419

-674

-

-

-

-

-

Net cash used in investing activities - discontinued operations

0

-142

-177

0

-

-

-

-

-

Cash used in acquisition of subsidiary

-

-

-

-

-

1,287

3,416

-

-

Cash acquired with acquisition of subsidiary

-

-

-

-

1,363

513

59

-

-

Transaction costs

-

-

-

-

-

-

-

-

906

Cash remaining with disposed subsidiary

-

-

-

-

-

-

-

-

641

Net cash used in investing activities

-2,314

-2,134

-596

-674

-878

-981

-3,369

-17

-1,635

Cash flows from financing activities
Cash received from issuance of convertible notes

0

0

16,000

0

0

-

-

-

-

Proceeds from short-term borrowings

0

2,500

0

0

-

-

-

-

-

Repayment of debt obligations

-

-

-

-

-

-3,657

-

-

-

Payment of debt issuance costs

0

346

2,383

0

0

-

-

-

-

Options and warrants exercised

734

687

11

51

136

0

-

-

-

Warrants exercised

-

-

-

0

375

0

-

-

-

Repayment of debt obligations

1,650

1,098

11,000

600

0

-

-

-

-

Proceeds from new convertible debt

-

-

-

-

-

-

-

7,000

2,500

Stock issued for cash in stock offering, net

-

-

-

12,627

0

33,297

2,550

2,700

-

Net cash provided by financing activities

-916

1,743

2,628

12,078

511

29,640

2,550

9,700

2,500

Effect of exchange rate changes on cash

-31

-4

-119

-173

131

-196

34

100

-2

Net change in cash

-1,992

6,571

-4,751

-

-

-

-

-

-

Net change in cash

-

-

-

4,162

-14,736

20,656

-7,650

7,954

-1,046

Supplemental disclosure of cash flow information
Interest paid

383

1,071

1,406

-

-

-

-

-

-

Interest paid

-

-

-

1,101

0

0

-

-

1,763

Taxes paid

-

-

-

-

-

-

34

119

226

Supplemental disclosure of non-cash financing activities
Conversion of convertible note and interest to shares of common stock

-

-

-

-

-

-

-

8,852

-

Issuance of warrants with convertible debenture

-

-

-

-

-

-

-

4,636

-

Beneficial conversion feature associated with convertible debenture

-

-

-

-

-

-

-

8,915

1,496

Reclassify derivative liability to additional paid in capital

-

-

-

-

-

-

-

13,786

-

Contingency earn out on acquisition of subsidiary, net of discount

-

-

-

-

-

238

841

-

-

Common stock of the Company issued for pending acquisition of an asset

-

-

-

-

-

-

533

-

-

Common stock of the Company issued for extinguishment of debt

10,582

14,632

0

0

75,035

4,449

788

-

-

Cashless exercise of options to purchase common stock of the Company

-

-

-

-

-

854

-

-

-

Cashless exercise of warrants to purchase common stock of the Company

144

10

0

566

0

5,914

474

-

-