Bk technologies corp (BKTI)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Operating activities
Net loss

-1,192

-1,309

238

-247

-1,318

-1,348

650

946

-443

-4,276

600

1,318

-1,268

92

719

1,365

513

212

212

79

538

-179

655

672

475

26

514

197

405

336

884

1,246

-401

135

915

-855

-688

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

0

0

0

0

0

-4

-1

0

0

0

0

Inventories allowances

38

82

63

30

19

-7

0

0

-31

128

-28

16

33

81

35

21

43

84

11

-66

25

0

9

0

0

20

72

23

13

61

27

-73

52

41

55

17

35

Deferred tax benefit

0

-462

-252

191

-355

-373

17

284

-106

-1,516

253

221

-121

146

362

355

255

-26

106

43

205

-6

379

376

126

-48

263

211

74

-175

446

771

-279

-368

0

0

0

Depreciation and amortization

320

323

321

319

256

219

263

228

211

215

256

242

229

224

262

242

214

217

254

225

218

255

315

318

297

356

379

371

369

380

334

324

317

353

355

353

351

Share-based compensation expense

30

38

42

37

31

29

28

17

21

21

18

14

2

7

16

14

12

24

17

9

7

10

11

13

12

6

3

2

31

4

5

3

15

41

40

41

50

Restricted stock unit compensation expense

21

20

11

33

41

42

38

39

34

35

35

6

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on investment in securities

-306

-

-258

-148

592

-

-191

-55

-1,146

-

670

617

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of property, plant and equipment

-

-

-

-

-

-

-

-

-

-1

10

0

-104

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Trade accounts receivable

626

4,607

-2,222

48

-676

-2,080

424

-725

2,184

-5,660

1,719

2,025

-160

-1,458

321

-1,333

3,127

-1,806

832

-2,363

2,481

-2,128

-1,708

754

2,695

-2,548

255

4,400

-2,934

2,547

942

-3,428

2,037

-888

-739

130

1,242

Inventories

-2,538

-5,337

1,256

1,125

715

6,630

-2,092

-2,537

929

-1,765

414

58

785

5,002

-2,579

-1,105

785

-5,916

1,506

723

-537

-664

1,409

-581

-710

3,435

-1,357

-288

-148

-1,090

-1,088

1,351

-437

31

717

369

-1,471

Prepaid expenses and other current assets

69

1,278

-340

-412

143

-2,498

770

111

-12

1,204

-40

-159

-368

2,931

-85

-1,239

64

-1,808

33

856

-241

-209

350

226

-368

-1,462

369

-150

237

22

45

-429

-27

-21

108

29

61

Other assets

-28

-36

27

5

-1

84

-8

-16

-7

-32

-13

20

5

-10

24

-8

-9

56

-11

3

-14

89

-15

-12

-10

29

10

-26

9

8

-137

9

9

9

11

12

11

Lease liability

23

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-474

-1,544

13

644

602

2,099

-38

-1,321

-1,116

195

2,904

226

673

-838

-1,749

415

1,860

-317

712

384

103

-445

136

22

740

12

0

-804

610

-1,419

389

766

-360

282

-453

-1,334

508

Accrued compensation and related taxes

-226

111

-163

260

-951

362

37

327

-76

114

-105

74

-912

254

127

477

199

-245

444

-348

39

-60

284

100

143

-95

61

-226

-446

-61

342

291

106

-49

23

-103

141

Accrued warranty expense

-149

-142

-50

-18

-88

112

19

-32

58

194

135

214

196

64

68

0

-20

21

55

48

30

32

32

7

21

11

8

-11

17

44

-20

-12

8

-50

11

8

12

Note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-18

-17

-18

53

0

-

-

-

-

Deferred revenue

424

23

507

121

296

175

381

301

281

36

58

18

-24

12

52

8

-24

-1

14

5

-19

-32

46

87

-26

-68

-69

-77

-66

3

14

40

1

38

34

64

128

Customer deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-987

-2,518

3,507

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued other expenses and other current liabilities

-77

-33

65

223

-68

-122

-560

18

-203

1,039

-252

-30

233

-32

-33

46

20

-23

10

38

-74

44

27

37

-45

-46

43

9

-18

-65

36

140

-263

57

105

11

-57

Net cash provided by (used in) operating activities

915

-3,485

2,332

975

-2,308

2,645

1,932

4,029

-3,318

-2,041

1,114

-242

-1,117

2,415

1,204

4,490

2,612

-2,992

-525

1,198

-617

671

1,881

1,283

136

427

1,997

1,431

-1,865

578

2,201

1,048

777

-389

1,182

-1,258

323

Investing activities
Purchases of property, plant and equipment

131

154

839

633

829

329

498

426

143

56

125

128

319

46

386

507

455

211

536

240

102

214

155

191

137

130

120

38

50

26

211

119

19

17

17

63

118

Investment in securities

-

-

-

-

-

-

0

408

3,333

-

0

0

0

-

0

0

481

-

2,761

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of available-for-sale securities

-

-

-

-

-

0

0

0

8,335

823

922

897

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized software

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

51

139

150

204

160

0

0

-

-

-

-

Net cash used in investing activities

-131

-154

-839

-633

-829

-329

-498

-834

4,859

767

797

769

-319

-46

-386

-507

-936

-211

-3,297

-240

-102

-214

-155

-191

-137

-130

-171

-177

-200

-230

-371

-119

-19

-17

-17

-63

-118

Financing activities
Cash dividends paid

252

-

255

254

256

-

271

271

273

-

275

1,242

1,235

-

1,236

1,236

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

243

238

253

213

337

2,129

537

259

357

243

188

120

97

79

61

22

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

0

0

0

0

2

0

0

0

0

0

0

0

183

0

20

10

0

16

0

35

41

0

18

28

98

18

0

34

0

1

0

2

20

0

0

0

0

Repayment of debt

-19

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,500

Repayment of revolving credit line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,800

500

0

1,200

Net cash used in financing activities

-514

-510

-83

-467

-591

-2,397

-808

-530

-630

-517

-463

-1,362

-1,149

-80

-1,277

-1,248

0

16

0

35

41

0

18

28

98

18

0

34

0

1

0

2

20

-1,800

-500

0

300

Net change in cash and cash equivalents

270

-4,149

1,410

-125

-3,728

-81

626

2,665

911

-1,791

1,448

-835

-2,585

2,289

-459

2,735

1,676

-3,187

-3,822

993

-678

457

1,744

1,120

97

315

1,826

1,288

-2,065

349

1,830

931

778

-2,206

665

-1,321

505

Supplemental disclosure
Cash paid for interest

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

1

0

3

0

17

28

27

35

Cash paid for income taxes

-

-

-

-

-

-

-

-

0

0

0

0

0

47

3

0

0

0

0

25

0

0

0

0

0

0

0

0

0

30

0

1

61

0

0

0

0

Cash paid for interest

5

8

2

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash financing activity
Restricted stock units issued

-

-

-

-

-

-

0

140

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cashless exercise of stock options and related conversion of net shares to stockholders' equity

-

-

-

-

-

-

-

-

0

0

0

0

27

0

0

4

0

4

0

9

6

0

0

1

1

0

0

9

0

0

0

0

4

0

6

0

0