BLONDER TONGUE LABORATORIES INC BDR Cash Flow

Blonder tongue laboratories inc (BDR)

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
Cash Flows From Operating Activities:
Net (loss) earnings
-2,080,000	-3,842,000	-1,334,000	-891,000	5,325,000	-742,000	-199,000	-335,000	-63,000	256,000	-153,000	-231,000	-256,000	-338,000	-642,000	73,000	-288,000	-2,136,000	-1,958,000	-1,262,000	-1,415,000	-672,000	584,000	347,000	-1,161,000	-992,000	-688,000	-660,000	-482,000	-3,185,000	91,000	-583,000	-1,480,000	-150,000	-50,000	105,000	-316,000
Adjustments to reconcile net earnings (loss) to cash used in operating activities:
Gain on building sale
-	0	0	0	7,175,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation expense
118,000	140,000	162,000	168,000	149,000	100,000	162,000	147,000	84,000	94,000	140,000	73,000	79,000	80,000	52,000	32,000	45,000	58,000	51,000	50,000	57,000	59,000	60,000	60,000	66,000	68,000	68,000	65,000	71,000	74,000	79,000	43,000	62,000	68,000	70,000	74,000	19,000
Depreciation
35,000	38,000	42,000	39,000	52,000	77,000	78,000	78,000	79,000	79,000	79,000	77,000	86,000	104,000	103,000	113,000	120,000	123,000	124,000	122,000	121,000	121,000	119,000	110,000	110,000	109,000	111,000	116,000	117,000	123,000	127,000	133,000	122,000	106,000	105,000	94,000	86,000
Amortization
56,000	58,000	57,000	53,000	48,000	49,000	49,000	54,000	57,000	57,000	60,000	103,000	101,000	121,000	125,000	142,000	144,000	184,000	230,000	187,000	217,000	220,000	237,000	237,000	261,000	229,000	200,000	215,000	217,000	230,000	238,000	234,000	231,000	222,000	198,000	174,000	156,000
Reversal of provision for inventory reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	158,000	46,000	-124,000	48,000	1,027,000	1,008,000	-13,000	31,000	367,000	38,000	-14,000	83,000	285,000	0	0	0	808,000	177,000	222,000	215,000	92,000	39,000	38,000	106,000
Recovery of bad debt expense
-	-	-22,000	0	-4,000	61,000	-76,000	0	-50,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of deferred loan costs
15,000	45,000	36,000	36,000	37,000	36,000	36,000	36,000	36,000	39,000	105,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash interest expense
-	-145,000	0	0	-1,000	-16,000	-5,000	-8,000	-19,000	-19,000	-18,000	-17,000	-194,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of right of use assets
-190,000	-769,000	-1,000	106,000	-58,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,000	15,000	6,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in derivative liability
-	-	-	-	-	-	-	-	-	0	0	0	-142,000	111,000	-122,000	-72,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery of bad debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46,000	-	-	-	-	-	-	-	-	-	-	-	-
Recovery of bad debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-321,000	233,000	-844,000	1,230,000	-794,000	72,000	965,000	-703,000	-301,000	-5,000	282,000	-10,000	81,000	20,000	-192,000	-706,000	719,000	311,000	-89,000	-81,000	-69,000	-276,000	-1,806,000	2,118,000	-872,000	370,000	138,000	-134,000	-594,000	-1,130,000	-212,000	737,000	-938,000	509,000	85,000	781,000	-537,000
Inventories
-829,000	22,000	437,000	1,245,000	57,000	40,000	-59,000	126,000	205,000	-212,000	347,000	170,000	-63,000	21,000	-300,000	-468,000	-109,000	-948,000	-685,000	-611,000	451,000	1,227,000	-183,000	-475,000	-300,000	-504,000	-1,011,000	-668,000	-359,000	-315,000	12,000	-354,000	-283,000	-535,000	-125,000	-456,000	757,000
Prepaid and other current assets
213,000	-124,000	47,000	-230,000	276,000	188,000	148,000	-19,000	186,000	17,000	70,000	-172,000	161,000	-34,000	2,000	-131,000	161,000	-7,000	-75,000	-570,000	278,000	-51,000	133,000	-57,000	168,000	-456,000	-2,000	-12,000	205,000	-238,000	49,000	21,000	462,000	-184,000	-52,000	-133,000	339,000
Other assets
13,000	193,000	26,000	-2,000	782,000	-300,000	0	-3,000	1,000	-2,000	71,000	-36,000	-12,000	259,000	55,000	-3,000	0	-13,000	79,000	-7,000	30,000	-107,000	-8,000	-7,000	-9,000	-9,000	-9,000	-22,000	-26,000	-7,000	-8,000	-9,000	53,000	-4,000	-397,000	406,000	14,000
Change in lease liability
-188,000	-	-	-	-107,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued compensation and other accrued expenses
88,000	1,786,000	151,000	1,448,000	-1,087,000	939,000	-224,000	227,000	434,000	-716,000	55,000	-107,000	57,000	276,000	36,000	-1,393,000	679,000	-401,000	448,000	-1,035,000	1,317,000	-395,000	-607,000	820,000	59,000	268,000	-157,000	-61,000	-285,000	-423,000	-428,000	402,000	1,398,000	-1,022,000	-100,000	124,000	544,000
Net cash used in operating activities
-842,000	-1,535,000	-628,000	-1,351,000	-3,024,000	491,000	-1,223,000	814,000	505,000	13,000	-466,000	-20,000	236,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	498,000	56,000	1,254,000	-575,000	403,000	389,000	22,000
Net cash (used in) provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	293,000	487,000	-17,000	-442,000	673,000	-667,000	-362,000	-1,092,000	2,325,000	-3,000	385,000	520,000	418,000	512,000	411,000	-	-	-	-	-	-	-	-
Cash Flows From Investing Activities:
Purchases of property and equipment
6,000	58,000	148,000	47,000	10,000	9,000	25,000	33,000	14,000	38,000	56,000	26,000	18,000	-30,000	63,000	2,000	2,000	0	17,000	39,000	132,000	165,000	23,000	456,000	29,000	53,000	24,000	31,000	46,000	-4,000	25,000	59,000	22,000	-166,000	2,000	316,000	48,000
Proceeds on sale of building
-	0	0	0	9,765,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of licenses
-	12,000	20,000	20,000	1,000	-	-	-	-	2,000	35,000	0	25,000	0	10,000	5,000	4,000	5,000	4,000	443,000	1,000	185,000	60,000	94,000	215,000	474,000	40,000	162,000	171,000	183,000	219,000	104,000	70,000	18,000	222,000	276,000	156,000
Acquisition of R.L. Drake assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash (used in) provided by investing activities
-6,000	-45,000	-168,000	-67,000	9,754,000	-9,000	-40,000	-38,000	-14,000	-40,000	-91,000	-26,000	-43,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-114,000	-193,000	-7,082,000	148,000	-224,000	-592,000	-204,000
Acquisition of R.L. Drake assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	30,000	6,990,000	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	-73,000	-7,000	-6,000	-5,000	-21,000	-482,000	-133,000	-350,000	-83,000	-550,000	-244,000	-527,000	-64,000	-193,000	-217,000	-	-	-	-	-	-	-	-
Cash Flows From Financing Activities:
Net proceeds (repayments) of line of credit
365,000	4,505,000	803,000	0	-2,603,000	21,000	960,000	-507,000	-358,000	60,000	455,000	-74,000	-74,000	210,000	-318,000	-626,000	190,000	125,000	-308,000	1,152,000	426,000	269,000	-791,000	541,000	-25,000	90,000	-404,000	-156,000	-499,000	-	-	-	-	-	-	-	-
Borrowings from related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	400,000	100,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
10,000	-5,000	-26,000	5,000	3,058,000	62,000	63,000	63,000	63,000	64,000	60,000	62,000	44,000	3,493,000	-4,000	60,000	63,000	73,000	65,000	72,000	69,000	66,000	82,000	52,000	70,000	70,000	69,000	68,000	70,000	68,000	67,000	65,000	65,000	63,000	74,000	61,000	61,000
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	0	2,000	21,000
Net (repayment of) borrowings on line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,792,000	-	-	-	-
Borrowings on line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Borrowings of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-50,000	0	51,000	1,550,000	-231,000	0	231,000	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	217,000	-314,000	-686,000	527,000	152,000	-373,000	1,080,000	357,000	244,000	-861,000	489,000	-95,000	20,000	-473,000	-224,000	-569,000	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
355,000	1,783,000	953,000	2,000	-5,661,000	-19,000	915,000	-570,000	-421,000	-4,000	395,000	-136,000	-118,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-425,000	48,000	5,277,000	-291,000	-74,000	172,000	-40,000
Net (decrease) increase in cash
-493,000	203,000	157,000	-1,416,000	1,069,000	463,000	-348,000	206,000	70,000	-31,000	-162,000	-182,000	75,000	255,000	-94,000	-206,000	504,000	-295,000	279,000	-69,000	-138,000	-1,198,000	1,381,000	-64,000	46,000	13,000	-119,000	95,000	-375,000	283,000	-41,000	-89,000	-551,000	-718,000	105,000	-31,000	-222,000
Supplemental Cash Flow Information:
Cash paid for interest
49,000	22,000	14,000	10,000	76,000	96,000	93,000	91,000	89,000	82,000	81,000	80,000	57,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	148,000	75,000	76,000	76,000	76,000	80,000	75,000	66,000	59,000	68,000	66,000	56,000	63,000	62,000	73,000	66,000	54,000	111,000	87,000	69,000	39,000	44,000	55,000	45,000
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non cash investing and financing activities:
Capital expenditures financed by notes payable
3,000	0	0	0	5,000	0	0	7,000	8,000	0	10,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of subordinated convertible debt to common stock
-	1,000	0	0	140,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right of uses assets obtained by lease obligations
-	-	-	-	3,917,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-