Chart acquisition corp. (CACG)
CashFlow / Quarterly
Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12
Cash Flows from Operating Activities
Net Income

1,243,566

-637,926

-439,914

-579,955

26,002

-1,650,630

-869,718

-414,052

1,907,765

-55,076

-665

-2,414

-101

Adjustment to reconcile net income to net cash used in operating activities:
Change in Fair Value of Warrant Liability

-2,126,250

4,235

-791,735

-315,000

-472,500

1,417,500

393,750

236,250

-2,047,500

0

0

0

0

Change in operating assets and liabilities:
Prepaid Expenses

34,002

-34,002

0

41,354

40,898

49,856

49,869

-388,898

207,157

-5,236

0

0

0

Accounts Payable and Accrued Expenses

311,941

346,113

797,265

655,609

191,255

-78,996

227,862

-7,937

2,664

25,270

0

5,805

-5,805

Interest - net of interest expense on Trust Account

-1,456

-1,646

-495

-5,386

-6,118

-9,004

-10,089

-12,891

-14,916

-1,821

0

0

0

Interest withdrawn from Trust Account

-

-

-

-

-

0

0

0

0

-

-

-

-

Due to Affiliate

5,172

0

0

0

0

1

119

0

0

1,322

0

0

0

Due from Sponsor

-

-

-

-

-

0

0

0

0

-

0

0

0

Net Cash Used In Operating Activities

-533,025

-323,228

-386,472

-191,874

-220,463

-271,273

-236,014

-160,323

-344,228

-35,541

-665

3,391

-5,906

Cash Flows from Investing Activities
Proceeds from interest earned in Trust Account

3,263

-

-

-

52,861

-

-

-

-

-

-

-

-

Proceeds from sale of securities in Trust Account

35,583,850

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds deposited in Trust Account

-

-

-

-

-

0

0

0

0

75,000,000

0

0

0

Net Cash used in Investing Activities

35,587,113

0

-41,357

-11,504

52,861

0

27,807

-12,891

-14,916

-75,000,000

0

0

0

Cash Flows from Financing Activities
Proceeds from Sale of Common Stock to Sponsor

-

-

-

-

-

-

0

0

0

-

0

0

0

Proceeds from Public Offering

-

-

-

-

-

-

-

0

0

75,000,000

0

0

0

Proceeds from Issuance of Units to Sponsor

-

-

-

-

-

-

0

0

0

3,750,000

0

0

0

Proceeds from Note Payable, Affiliate of Sponsor

172,500

0

287,499

0

153,333

0

0

0

0

30,000

0

0

0

Principal Payments on Note Payable, Affiliate of Sponsor

-

-

-

-

-

-

0

0

0

30,000

0

0

0

Proceeds from Note Payable, Sponsor

277,500

0

462,501

0

246,667

0

0

0

0

-

0

0

0

Distribution of proceeds from Trust Account

35,583,850

-

-

-

0

-

-

-

-

-

-

-

-

Principal Payments on Note Payable, Sponsor

-

-

-

-

-

-

0

0

0

175,000

0

0

0

Payment of Offering Costs

-

-

-

-

-

0

16,920

0

0

2,422,327

21,580

5,399

9,783

Net Cash Provided by (Used In) Financing Activities

-35,133,850

0

750,000

0

400,000

0

-16,920

0

0

76,152,673

-21,580

-5,399

-9,783

Net (Decrease) increase in Cash

-79,762

-323,228

322,171

-203,378

232,398

-271,273

-225,127

-173,214

-359,144

1,117,132

-22,245

-2,008

-15,689

Supplemental Disclosure of Cash Flow Information:
Cash paid for state franchise tax

13,510

-

-

-

0

-

-

-

-

-

-

-

-

Supplemental Disclosure for Non-cash Financing Activities
Adjustment For Warrant Liability In Connection With The Public Offering

-

-

-

-

-

-

0

0

0

-

-

-

-

Adjustment for warrant liability in connection with the Public Offering

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred Underwriters' Fee

-

-

-

-

-

-

-

-

-

-

0

0

0

Accrued Expenses Included in Deferred Offering Costs

-

-

-

-

-

-

0

0

0

-

-5,000

14,552

448