CATASYS, INC. CATS Cash Flow

Catasys, inc. (CATS)

CashFlow / TTM

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'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows used in operating activities
Net loss
-30,333	-25,659	-18,415	-14,205	-12,915	-14,212	-15,452	-14,180	3,945	-13,605	-12,435	-16,767	-35,412	-17,936	-15,321	-15,388	-11,255	-7,223	-10,155	-2,885	-29,745	-27,346	0	0	0	-11,643	-12,686	-14,756	-9,540	-8,119	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation expense
6,458	5,210	2,979	3,894	2,752	2,056	2,298	1,059	666	465	365	507	650	697	697	709	743	1,397	1,235	1,062	866	51	0	0	0	2,190	3,468	3,913	4,139	4,394	0	0	0
Depreciation
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	344	332	292	246	170	161	148	141	130	123	121	122	125	124	118	113	0	0	0	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-41	0	0	0
Warrants issued for services
-	-	-	-	-	86	183	157	221	252	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on conversion of convertible note
-	-	-	-	-	-	-	-	-	-1,356	-1,356	-1,356	-926	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment on derivative liability
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment on derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,098	2,761	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-100	100	44	282	190	100	83	20	-6,949	-1,778	-3,187	-4,612	2,860	-2,093	-1,423	-1,007	-8,963	-11,665	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued for consulting services
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	289	310	326	338	349	0	0	0
Amortization of debt discount and issuance costs included in interest expense
-	-	-	-	-	-	-	-	-	3,082	4,313	7,326	7,057	4,651	3,831	1,928	2,540	2,324	2,166	1,056	1,460	2,771	0	0	0	4,793	4,912	5,101	3,031	2,978	0	0	0
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	590	308	261	189	47	-9	-45	-49	10	0	0	0	-	-	-	-	-4	-6	-7	1	10	0	0	0
Deferred rent
0	-26	-50	-92	-95	-91	-88	-67	-83	-81	-78	-64	-67	-70	-38	-55	-50	-44	-110	-101	-25	70	0	0	0	-	-	-	-	-17	0	0	0
Fair value adjustment on warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2,724	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Accounts payable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leases liabilities
596	684	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid and other current assets
852	246	165	258	329	311	56	23	-242	-54	2	-152	162	-155	-151	-144	-176	-17	28	-5	22	-37	0	0	0	-	-	-	-95	-24	0	0	0
Deferred revenue
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	3,728	2,925	1,623	1,389	184	-198	-98	77	1,677	1,948	1,762	1,329	566	24	-170	-180	0	0	0	219	0	0	0	-	-	-	-
(Gain) or loss on disposition of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	0	0
Receivables
-619	2,233	-119	1,436	2,390	871	1,965	509	389	49	128	339	842	509	527	680	518	111	-54	-243	-496	16	0	0	0	58	0	0	0	-	-	-	-
Unbilled receivables
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other accrued liabilities
-	-	-	-	-	-	1,381	1,819	222	517	447	683	1,354	916	772	801	659	882	710	684	403	94	0	0	0	237	98	438	636	535	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used by operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities
-17,141	-16,901	-14,386	-10,695	-9,517	-8,574	-9,083	-7,993	-9,169	-7,368	0	0	0	-	-	-	-	-	-5,494	-5,053	-4,620	-5,273	0	0	0	-6,151	-6,259	-6,056	-6,322	-6,839	0	0	0
Cash flows used in investing activities
Proceeds from sales of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	0	0	0
Purchase of property and equipment
0	-	-	-	0	-	-	-	-	448	278	207	145	106	191	117	109	107	19	45	43	65	0	0	0	-	-	-	-	18	0	0	0
Deposits and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-16	-103	-16	-16	0	87	0	34	-53	0	0	0	-	-	-	-	-	-	-	-
Deposits and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-3	-5	-87	-33	0	0	0
Restricted Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash used in investing activities
0	-	-	-	0	-	-	-	-	-413	0	0	0	-	-	-	-93	-107	-106	-45	-77	-12	0	0	0	-16	-2	-4	-19	-43	0	0	0
Cash flows provided by financing activities
Proceeds from the issuance of common stock and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Proceeds from prom issuance of bridge loan, related party
-	-	-	-	-	-	-	-	-	1,300	1,600	-585	515	300	0	0	0	-	-	0	0	-	-	-	-	-	-	-	0	-	-	-	-
Debt issuance costs
2,708	2,813	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from warrant exercise
1,048	1,128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from options exercise
3,461	1,894	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustment on warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	656	0	0	0	-	-	-	-
Capital lease obligations
-	-	-	-	-	-	13	16	17	19	44	-15	23	54	52	104	61	24	14	16	19	20	0	0	0	12	12	17	27	40	0	0	0
Net cash provided by financing activities
27,860	27,349	25,777	12,497	9,805	7,303	7,151	4,660	10,596	11,709	0	0	0	-	-	-	6,146	5,483	4,293	4,109	4,058	4,857	0	0	0	8,549	7,704	6,616	3,836	3,048	0	0	0
Net increase in cash and restricted cash
10,705	10,448	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	5,083	9,170	29	-65	1,618	-100	178	208	-1,307	-989	-639	-428	0	0	0	2,382	1,443	556	-2,505	-3,834	0	0	0
Supplemental disclosure of cash flow information:
Interest paid
678	870	1,330	1,118	192	363	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	61	48	47	44	65	41	43	48	5	14	0	0	0	107	103	86	20	28	0	0	0
Non cash financing and investing activities:
Issuance of stock and warrants
-	-	-	-	-	86	183	157	221	252	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant issued in connection with A/R facility
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of warrant liability to equity upon adoption of ASU 2017-11
0	86	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants issued in connection with revolving loan
0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock options exercise in transit
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued for investor relations services
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants issued for investor relations services
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Beneficial conversion feature related to financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253	409	409	386	306	0	0	0
Property and equipment acquired through capital leases and other financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	0	0	0
Revolving Loan
Proceeds from debt
5,000	7,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2024 Notes
Proceeds from debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-