Biomerica inc (BMRA)
CashFlow / TTM
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10
Cash flows from operating activities:
Net loss

-2,637,812

-2,455,632

-2,447,616

-2,393,060

-2,275,347

-1,919,092

-1,710,509

-1,465,828

-1,144,031

-1,125,681

-1,060,203

-908,561

-1,788,423

-1,619,284

-1,482,869

-1,499,787

-31,032

-13,217

-184,477

-331,410

-405,611

-261,884

-267,214

-215,660

-340,512

-402,665

77,603

536,957

547,043

764,101

722,283

548,435

590,422

482,380

287,425

157,447

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities
Depreciation and amortization

129,563

139,437

154,223

162,905

174,851

181,481

181,728

186,601

195,496

202,358

215,074

219,219

221,455

227,020

226,526

232,422

235,159

243,495

248,729

253,275

251,079

235,857

220,218

207,033

200,921

203,238

212,776

216,708

214,737

204,275

191,243

180,124

167,998

165,800

157,771

147,810

0

0

0

Change in provision for allowance on accounts receivable

5,794

5,794

2,751

15,415

16,401

13,244

5,749

7,566

-13,109

27,317

49,430

41,724

59,139

21,511

5,059

-9,063

-8,551

-4,526

-11,305

-12,532

-103,398

-107,064

-105,946

-85,730

11,347

3,004

4,484

2,539

39,748

52,218

62,196

80,987

0

0

0

-

-

-

-

Inventory reserve

4,735

-23,294

7,905

6,300

15,327

44,423

8,336

7,613

-4,171

-7,006

-6,539

-16,505

2,131

13,092

17,268

27,150

-13,330

-21,429

-39,096

-18,222

-21,550

-21,455

-8,096

-35,591

-6,713

-4,869

-27,602

3,891

-6,642

-8,289

13,933

-7,841

9,280

5,722

-3,994

1,227

0

0

0

Gain on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-665

1,865

1,865

1,865

1,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock option expense

197,627

177,076

148,990

151,224

154,060

22,975

22,174

18,473

22,645

25,114

25,938

21,727

-707

13,828

15,033

15,153

29,822

10,774

9,295

10,016

6,063

11,926

11,135

11,003

14,713

21,746

21,746

20,865

0

0

0

-

-

-

-

-

-

-

-

Reduction (increase)_ in deferred rent liability

-36,716

-35,707

-34,689

6,615

8,693

7,138

13,557

15,787

18,014

24,674

21,134

8,070

-4,990

-18,605

-30,003

-28,073

-26,145

-24,216

-22,286

-20,406

-18,524

-16,643

-15,834

-13,799

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Amortization of right-of-use asset

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Increase (decrease) in deferred rent liability

-36,716

-35,707

-34,689

6,615

8,693

7,138

13,557

15,787

18,014

24,674

21,134

8,070

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Increase in deferred rent liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Accounts receivable

-109,360

28,194

-152,425

670,126

-63,757

218,749

-27,859

-252,505

72,678

-58,328

127,709

132,261

211,041

-10,387

-239,644

-151,159

-20,001

604,149

414,215

-348,667

-343,771

-364,724

-220,995

490,316

669,805

-685,089

-465,720

-326,317

476,537

429,670

849,913

534,428

-405,259

811,222

144,023

261,769

0

0

0

Inventories

112,056

52,557

5,786

-21,387

141,956

332,796

425,285

457,269

131,260

-61,459

-65,482

-150,475

-279,746

-343,181

-241,455

-137,131

-24,027

226,015

189,885

243,378

150,907

68,861

80,654

158,960

226,390

94,661

-56,908

-245,960

-5,068

122,551

4,703

27,706

-35,945

-132,491

145,259

3,815

0

0

0

Prepaid expenses and other

-56,133

-9,732

-71,101

-98,007

0

0

0

-

-

218,747

79,582

82,179

109,947

31,980

-42,861

-50,774

-28,010

-45,993

35,692

60,780

-10,914

-26,003

-38,754

-93,106

-83,241

25,075

-33,309

-14,022

-67,831

37,544

-127,847

-26,863

-59,097

-78,767

48,891

-49,860

0

0

0

Reduction in lease liability

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

414,676

580,042

395,589

343,994

318,511

182,939

129,376

319,169

37,620

214,664

155,732

10,445

184,847

73,826

-112,147

-30,581

207

-4,287

197,169

-29,136

-51,662

81,006

-78,374

103,563

68,507

-43,518

-120,096

-5,454

-110,167

69,106

63,784

-90,460

31,302

-146,218

-105,609

-121,757

0

0

0

Accrued compensation

12,289

22,792

15,589

16,977

26,953

22,280

27,880

32,986

32,731

-1,461

4,939

4,324

4,236

42,208

47,917

40,748

29,409

30,599

15,539

17,631

10,103

2,036

-93,571

-93,813

-97,389

-91,841

-47,036

21,135

32,156

68,171

147,012

48,785

0

0

0

-

-

0

0

Net cash used in operating activities

-1,789,242

-1,608,965

-1,495,535

-2,244,039

-1,579,757

-1,811,935

-1,806,161

-1,174,217

-1,185,646

-778,317

-775,640

-722,858

-403,106

-91,631

-85,071

-208,782

-281,624

-1,014,519

-744,765

-405,481

-328,284

61,871

-342,361

-862,273

-954,905

256,891

687,361

1,394,037

1,540,318

468,120

369,793

147,412

366,049

327,530

635,980

328,803

0

0

0

Cash flows from investing activities:
Increase in intangibles

47,681

53,045

59,550

69,974

0

0

0

-

-

-

0

-

-

-

-

3,636

969

968

8,852

14,179

0

0

0

-

-

-

-

-

-

-

-

50,000

76,501

76,500

125,275

125,275

0

0

0

Purchases of property and equipment

55,914

54,380

65,227

101,137

128,991

130,504

148,454

130,347

74,555

123,326

116,059

96,085

117,391

88,944

85,876

91,556

71,845

30,143

12,508

10,503

0

0

0

-

-

-

200,666

257,121

278,680

357,893

190,511

164,798

192,917

126,337

173,979

141,084

0

0

0

Proceeds from sales of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,900

3,100

3,100

3,100

1,200

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-103,595

-107,425

-124,777

-171,111

-175,217

-162,441

-170,978

-130,347

-74,555

-123,326

-116,059

-96,085

-120,102

-91,655

-89,512

-95,192

-72,814

-31,111

-26,687

-22,782

-186,056

-219,565

-275,574

-282,530

-125,076

-98,560

-200,666

-257,121

-177,052

-281,265

-113,883

-113,170

-434,742

-368,161

-464,578

-431,683

0

0

0

Net cash flows from financing activities:
Proceeds from sales of common stock, net

1,131,197

1,147,559

1,709,679

1,776,575

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

118,628

95,518

137,943

121,790

91,812

88,847

44,273

27,436

37,345

114,961

158,766

157,728

210,677

156,194

102,387

109,936

43,461

16,363

13,936

9,560

22,355

36,990

37,688

35,275

28,375

47,295

52,274

51,514

0

0

0

-

-

-

-

-

-

-

-

Increase in intangibles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on line of credit or equipment loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

43,000

54,742

66,664

35,390

46,949

46,633

45,795

45,109

0

0

0

Net cash provided by financing activities

3,373,801

1,452,139

1,856,684

1,907,427

2,087,258

2,292,420

1,490,648

1,294,307

323,078

114,961

158,766

157,728

1,206,655

1,152,172

1,099,290

1,105,914

43,461

16,363

19,263

9,560

22,355

186,990

181,436

185,275

428,375

297,295

302,274

258,514

59,704

42,047

24,126

55,400

64,551

36,367

37,205

37,891

0

0

0

Effect of exchange rate changes in cash

-7,167

-9,674

-12,511

-10,395

-11,379

-10,940

-10,804

-10,302

-7,555

-6,656

-3,098

-2,248

-884

-716

-953

-1,322

-1,567

-1,803

-1,524

-2,115

-2,016

-2,807

-1,986

-1,143

-1,381

-2,436

-2,986

-2,976

-2,751

-501

-1,211

-1,570

-1,462

-1,865

-821

-947

0

0

0

Net increase (decrease) in cash and cash equivalents

1,473,797

-273,925

223,861

-518,118

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-944,678

-793,338

-736,031

-663,463

682,563

968,170

923,754

800,618

-312,544

-1,031,070

-753,713

-420,818

-494,001

26,489

-438,485

-960,671

-652,987

453,190

785,983

1,392,454

1,420,219

228,401

278,825

88,072

-5,604

-6,129

207,786

-65,936

0

0

0

Cash paid during the period for:
Interest

-

-

-

47

47

47

84

37

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

282

392

293

131

167

138

175

156

138

79

159

160

142

80

-5

-6

302

988

993

1,371

1,585

1,623

2,992

4,205

5,641

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

0

-

-

-

-

Non-cash Investing and Financing Activities:
Establishment of Right-of-Use Asset per ASC 842

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Establishment of Lease Liability per ASC 842

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-