BIOLIFE SOLUTIONS INC BLFS Cash Flow

Biolife solutions inc (BLFS)

CashFlow / TTM

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'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
-	-	-	-	-	-	-	-	-	-	-	-	-	-8,041	-5,877	-5,902	-5,333	-4,995	-4,589	-4,160	-3,893	-3,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-1,657	-16,797	-24,883	-29,451	-25,005	1,815	266	-1,641	3,228	-2,515	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,111	-1,153	-1,369	-1,659	-1,559	-1,685	-1,623	-1,956	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation
718	466	386	358	338	324	323	327	327	339	351	360	365	368	364	358	351	343	327	304	279	258	249	251	250	247	242	228	201	169	136	110	100	97	0	0	0
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	1	1	1	0	0	0
Stock-based compensation
3,043	2,295	2,023	1,752	1,519	1,443	1,374	1,313	1,313	1,270	1,150	1,017	960	776	758	755	624	511	382	278	211	229	255	269	232	248	237	206	236	216	206	201	203	235	0	0	0
Amortization of deferred rent related to lease incentives
-	0	0	95	-	126	126	127	-	127	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash lease expense
-512	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense – finance type lease
-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	210	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock to be issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Write off of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	27	41	55	56	60	64	65	78	181	89	86	74	0	0	0
Amortization of deferred rent related to lease incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
-	-	-	-	-	-	-	-	-	156	249	343	311	218	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from equity method investment in SAVSU
-739	-1,048	-799	-760	-672	-660	-836	-919	-919	-1,005	-707	-489	-229	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred rent related to lease incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	126	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease incentives received from landlord, net of amortization of deferred rent related to lease incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	-157	-151	25	52	183	200	848	861	0	0	0	-	-	-	-
Accretion and amortization on available for sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-10	-26	-51	-90	-126	-143	-138	-98	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities
Accounts receivable, trade, net
290	718	1,511	1,883	2,024	1,346	993	-16	-16	-172	42	-110	-129	264	518	474	339	27	17	242	-474	-107	601	-414	1,101	409	-228	139	-504	-53	-339	36	-115	-208	0	0	0
Inventories
3,777	2,328	2,728	2,223	1,662	1,049	352	24	24	89	324	226	161	290	120	589	775	869	1,065	643	945	544	-185	85	-339	-235	440	197	87	-150	-374	-407	-316	-95	0	0	0
Prepaid expenses and other current assets
-	0	0	110	-	128	148	30	-	181	-1	12	82	-73	-71	82	39	-15	126	-14	39	23	65	116	55	117	-17	-107	-133	-84	-32	-10	9	-28	0	0	0
Accounts payable
768	23	-215	611	-11	591	313	-36	-36	21	-356	-98	129	233	302	501	65	194	559	204	-12	-392	-671	-871	-345	4	-223	510	519	459	753	184	257	286	0	0	0
Accrued compensation and other current liabilities
-	0	0	296	-	358	239	149	-	292	-163	-391	-379	-410	-77	159	218	-145	17	64	65	7	186	55	-70	278	3	58	180	227	87	75	-39	-59	0	0	0
Accrued interest
-	-	-	-	-	-	-	-	-	152	210	274	181	97	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent
-	-	-	-	-	-	-8	-5	-	-65	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest, related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	742	742	742	740	733	0	0	0	-	-	-	-
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	27	31	34	45	36	87	71	49	39	-8	10	23	0	21	56	54	76	0	0	0	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,214	-5,259	-4,973	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest, related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-109	-114	-277	-124	-20	-20	138	-20	-20	0	0	0
Net cash provided by operating activities
1,213	2,801	2,474	3,102	2,348	2,565	1,830	1,166	1,166	605	0	0	0	-	-	-	-	-	-	-	-	-3,162	-2,386	-1,701	-621	146	236	248	803	854	493	239	-760	-989	0	0	0
Cash flows from investing activities
Sales of available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investment in equity investment SAVSU
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,409	1,409	2,229	8,294	7,952	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Sales/maturities of available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	1,650	2,892	3,992	6,617	7,067	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	2	2	2	2	0	0	0
Costs associated with internal use software development
-	-	-	-	-	-	-	-	-	-	-	-	-	1,113	1,246	1,481	1,836	1,283	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
675	517	706	615	500	391	126	147	147	144	104	122	153	143	160	161	119	134	446	563	612	589	248	108	221	236	214	354	1,138	1,151	1,208	1,073	127	93	0	0	0
Net cash used in investing activities
-27,018	-13,158	-18,144	-6,615	-6,500	-6,391	-1,126	-147	-147	-144	0	0	0	-	-	-	-	-	-	-	-	-8,135	-8,094	-6,174	-221	-236	-214	-353	-1,137	-1,150	-1,205	-1,070	-124	-91	0	0	0
Cash flows from financing activities
Proceeds from note payable
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	0	25	325	475	700	950	920	1,095	0	0	0
Payments on equipment loan
-	0	0	13	-	10	9	16	-	13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on finance lease obligations
-	0	0	14	-	13	13	14	-	11	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,282	3,594	4,239	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock options
1,181	-9,822	-7,790	563	508	14,917	12,562	3,931	3,988	3,978	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received in advance of issuance of stock on warrant exercises
-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of preferred stock dividends
-	-	-	-	436	412	319	212	212	106	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	82	108	83	80	131	50	50	50	0	0	0	0	0	0	-	-	-	-
Deferred costs paid related to potential stock issuance
-	-	-	-	-	-	-	-	-	43	67	67	121	111	86	86	20	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,353	355	368	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of common stock, net of expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,596	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,596	-819	21,121	28,304	28,146	33,375	11,147	3,723	3,724	4,796	0	0	0	-	-	-	-	-	-	-	-	13,679	13,676	13,701	13,621	50	50	25	325	475	700	950	920	1,095	0	0	0
Net increase (decrease) in cash and cash equivalents
-24,209	-11,176	5,451	24,791	23,994	29,550	11,851	4,741	4,742	5,257	1,461	996	627	-767	-982	-2,577	-1,309	-365	-923	-2,005	-9,867	2,382	3,195	5,826	12,778	-40	71	-79	-9	179	-12	119	35	13	0	0	0
Costs incurred for capitalized internal use software not paid as of quarter end (amounts are included in liabilities)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities
Purchase of property and equipment not yet paid
29	0	0	0	-	-	-	-	-	22	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs from issuance of warrants (See Note 7)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Conversion of notes payable and related party accrued interest to equity, net of unamortized deferred finance costs (See Note 1)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,180	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Costs incurred for capitalized internal use software not paid as of quarter end (amounts are included in liabilities)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Option exercises for which cash not yet received as of quarter end
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock issued for services in prior period included in liabilities at prior year-end
-	-	-	-	36	36	36	36	36	36	35	35	35	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of warrant liabilities to equity upon exercise
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equipment with debt
-	-	-	-	18	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred costs related to security issuance not yet paid as of quarter end
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-