ACCELERATE DIAGNOSTICS, INC. AXDX Cash Flow

Accelerate diagnostics, inc. (AXDX)

CashFlow / TTM

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	Oct'12	Sep'12	Jun'12	Mar'12	Dec'11	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10
Cash flows from operating activities:
Net loss
-83,893	-84,305	-85,161	-86,825	-89,235	-88,326	-82,430	-77,408	-70,640	-64,028	-63,868	-64,091	-65,500	-66,374	-63,402	-57,289	-51,675	-45,498	-41,100	-38,728	-34,628	-30,933	-27,328	-22,310	-17,935	-15,282	-11,787	-9,726	-7,072	-4,823	-6,545	-5,416	-2,010	-1,182	-1,006	-876	-378	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
2,731	2,602	2,674	2,715	2,643	2,561	2,350	2,233	2,235	2,196	2,201	2,249	2,314	2,351	2,333	2,200	1,998	1,782	1,475	1,261	1,009	817	631	464	384	286	192	112	41	6	3	2	2	2	2	2	2	0	0	0
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	0	0	11	-	10	10	11	10	23	38	54	71	75	77	77	77	83	76	121	166	164	139	192	191	191	254	253	0	0	0
Amortization of investment discount
251	427	608	795	820	621	385	39	-224	-326	-421	-470	-458	-374	-292	-212	-178	-188	-645	-492	-374	-269	153	48	-18	-76	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Equity-based compensation
13,420	12,618	11,355	11,689	12,217	14,422	15,439	15,494	16,320	13,933	13,154	12,304	10,304	8,775	8,984	8,124	8,417	8,388	8,285	8,878	9,521	9,624	8,550	7,154	5,151	3,828	2,780	2,138	1,008	608	677	509	348	380	350	353	90	0	0	0
Provision for bad debt expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount and issuance costs
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on equity investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized gain on sale of investments
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-38	-	-	-	16	3	-14	0	0	0
Realized gain on sale of investments, interest and dividends reinvested
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-9	-	-	-	0	0	-	-	-	-
Other expense, impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	-
(Increase) decrease in assets:
Accounts receivable
1,281	1,362	1,202	88	885	-86	329	1,141	509	1,912	952	513	479	-43	-583	26	-15	-1	783	135	84	54	-1,462	-701	-726	-739	655	-67	-44	-17	754	761	-2	430	418	494	411	0	0	0
Inventory
3,823	3,655	2,303	2,106	3,873	4,223	5,886	6,556	5,521	7,759	7,079	5,537	4,155	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	30	-	-	0	2	2	2	0	0	0
Prepaid expense and other
741	752	357	141	302	250	279	532	991	459	-204	-225	-1,182	-1,121	74	294	1,655	1,241	1,355	1,327	1,061	166	-334	-267	-601	114	-100	-103	-69	6	-8	13	-3	2	8	0	-1	0	0	0
Other current assets
-	-	-	-	-	-	-	-	-	-	0	0	-761	-	102	1,232	577	12	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in liabilities:
Accounts payable
805	988	564	-478	-298	-748	181	742	1,489	1,064	-986	-320	-1,460	-1,242	761	64	657	329	479	711	1,377	1,336	1,026	679	600	205	-272	258	-73	215	26	85	20	-0	0	-7	2	0	0	0
Accrued liabilities, and other
-1,012	-1,327	-671	-345	-1,097	1,426	-202	865	1,333	596	1,729	836	709	1,619	97	1,345	1,232	827	1,355	540	337	80	318	-201	-278	-356	-1,216	169	299	133	736	796	13	-5	4	2	1	0	0	0
Accrued interest
0	0	0	157	191	1,262	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and income
-105	54	47	69	173	-904	-928	-942	-996	36	37	35	6	-92	31	30	31	100	176	174	172	168	226	266	785	781	536	488	-18	-18	-22	-22	83	96	88	89	-10	0	0	0
Deferred compensation
47	-34	2	9	21	32	26	26	25	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	90	-198	-110	-91	-48	78	95	0	0	0
Net cash used in operating activities
-62,886	-64,794	-65,255	-65,901	-71,193	-67,756	-66,678	-63,072	-56,345	-55,746	-55,299	-53,412	-55,672	-53,408	-50,493	-46,856	-41,368	-35,126	-30,031	-27,337	-22,075	-18,785	-16,741	-13,378	-11,148	-9,749	-8,096	-6,312	-5,483	-3,418	-1,810	-1,338	-1,467	-155	25	390	448	0	0	0
Cash flows from investing activities:
Purchases of equipment
731	330	304	372	-259	998	1,753	2,025	4,031	2,966	2,163	1,968	957	2,409	3,363	3,580	4,139	3,656	5,884	4,822	3,555	1,933	-1,289	-468	59	1,158	886	739	563	-88	0	81	50	31	77	106	75	0	0	0
Purchase of marketable securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	0	-	-	-	0
Contribution to deferred compensation trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-75	-	-	16	16	-150	-75	0	0	0
Purchase of marketable securities
-	-	-	-	-	120,556	129,544	134,263	87,127	82,333	68,913	49,883	41,919	74,075	73,585	67,935	44,633	12,418	26,689	19,753	12,674	7,657	16,349	7,935	11,500	12,014	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of marketable securities
5,500	14,500	13,400	13,400	9,000	3,000	5,000	8,000	14,522	11,522	10,522	15,238	9,216	9,716	8,716	1,000	534	141	756	881	968	861	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of marketable securities
76,869	88,867	102,842	114,591	106,953	98,416	92,496	67,872	59,329	48,049	32,294	26,269	22,645	17,200	16,906	14,831	10,303	13,258	12,657	11,164	11,712	5,357	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
22,656	52,811	90,306	80,734	-7,814	-20,138	-33,801	-60,416	-17,307	-25,728	-28,260	-10,344	-11,015	-49,568	-51,326	-55,684	-37,935	-2,675	-3,218	-2,914	-1,673	-3,372	-4,851	-14,962	-13,435	-13,172	-12,112	-1,055	-879	-227	-228	-26	-72	-53	-57	-222	-150	0	0	0
Cash flows from financing activities:
Common stock issuance cost
-	-	-	-	-	-	-	-	-	-	-	-	-	814	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of options and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	19,912	0	0	0	-	-	-	-	-	-	-	-	-	-	-
Rights offering costs incurred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	13	50	87	124	147	288	215	143	107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of options
-901	1,458	1,752	2,195	3,148	583	82,969	83,160	83,089	83,821	5,195	4,820	3,313	1,497	1,127	573	767	805	735	520	259	923	1,185	1,522	21,699	20,969	20,614	20,277	100	100	0	-128	0	0	0	0	-	-	-	-
Proceeds from issuance of convertible note
-	-	-	-	-	171,500	171,500	171,499	150,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepayment of forward stock repurchase transaction
-	-	-	-	-	45,069	45,069	45,069	45,069	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	4,992	4,992	4,991	4,330	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
4,436	6,823	6,417	5,919	27,740	125,771	127,720	127,627	190,241	90,427	89,082	88,775	4,594	1,762	105,374	104,828	103,994	104,823	589	270	44,997	45,691	45,990	66,379	21,468	40,881	40,525	20,277	34,785	14,648	0	14,420	14,548	0	0	0	-	-	-	-
Effect of exchange rate on cash
-28	-86	-152	-93	-271	-130	-50	62	341	316	177	71	-23	-127	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in cash and cash equivalents
-35,822	-5,246	31,316	20,659	-51,538	37,747	27,191	4,201	116,930	9,269	5,700	25,090	-62,116	-101,341	3,540	2,288	24,642	67,022	-32,660	-29,981	21,249	23,534	24,398	38,039	-3,115	17,960	19,205	12,910	28,422	11,003	12,610	13,184	13,009	-15	162	362	492	0	0	0
Non-cash investing activities:
Non-cash investing activities:
Transfer of instruments from inventory to property and equipment
3,874	3,361	3,931	5,286	5,536	4,767	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental cash flow information:
Interest paid
4,288	4,288	4,288	4,145	4,145	2,001	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid, net of refunds
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid, net of refunds
-	-	-	-	-	651	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-