Cadiz inc (CDZI)
CashFlow / TTM
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
Cash flows from operating activities:
Net loss

-42,782

-29,528

-30,210

-29,006

-27,562

-26,273

-25,318

-25,070

-32,608

-33,864

-33,513

-32,696

-24,771

-26,339

-26,831

-27,621

-27,966

-24,013

-21,903

-20,504

-19,029

-18,881

0

0

0

-

-

-22,442

-22,565

-19,574

-18,518

-17,887

-17,032

-16,837

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation

278

265

264

260

258

258

256

261

269

274

285

289

290

292

291

290

282

270

262

253

251

254

0

0

0

-

-

-

321

350

377

372

369

365

0

0

0

Amortization of debt discount and issuance costs

0

-

0

0

0

-

3,817

3,795

3,894

3,644

3,291

3,000

2,532

3,739

4,233

3,760

3,362

1,635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

633

571

407

248

1,352

2,345

3,060

3,733

3,123

2,803

2,640

2,499

2,372

0

0

0

Interest expense added to loan principal

9,396

10,031

10,044

9,974

9,895

9,767

9,631

9,506

9,592

9,269

8,121

7,982

7,612

7,636

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense added to lease liability

1,319

1,272

1,231

1,190

1,149

1,111

1,073

1,036

1,000

964

930

896

861

755

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on equity method investments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense added to loan principal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

3,484

3,431

3,350

3,261

0

0

0

Loss on early extinguishment of debt and debt refinancing

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,250

0

0

0

-

-

-

-

-

-

-

-

-835

0

0

0

-

-

-

-

-

-

-

-

Interest expense added to loan principal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt conversion and extinguishment of debt

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on debt conversions

-

-

-

-

-

-175

-85

-60

-59

-58

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt conversion expense

-

197

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gain on derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

0

0

0

Compensation charge for stock and share option awards

1,690

562

533

491

490

473

627

610

593

2,304

2,349

2,458

2,947

1,296

1,369

1,365

1,021

1,116

1,253

1,526

1,307

1,077

578

124

107

516

552

604

663

383

621

815

1,309

2,376

0

0

0

Unrealized loss on warrant derivative liabilities

0

-

-

-

-

-1,522

-2,407

1,749

2,092

2,608

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

17

11

-13

2

21

2

50

56

-46

-3

-10

-8

46

-148

-217

-37

-31

-52

-247

-148

-232

-52

174

154

257

31

-16

-77

-93

121

228

142

-236

-138

0

0

0

Prepaid expenses and other current assets

-20

-22

-12

-32

-50

-3

10

88

39

-2,980

-2,930

185

101

3,082

2,962

-394

-262

-37

-58

117

176

-4

80

-177

-169

-54

-739

-729

-963

-200

708

778

1,142

305

0

0

0

Other assets

173

186

187

186

198

-73

185

185

186

444

185

71

185

185

186

300

185

186

186

158

187

186

184

98

64

2,744

2,914

3,057

3,069

109

-177

-11

43

-63

0

0

0

Accounts payable

7

-68

-195

456

37

-98

476

-5

35

-79

-273

233

349

130

106

-378

-111

9

-31

402

528

-533

-379

-148

-421

43

225

540

468

128

180

-1,035

179

304

0

0

0

Accrued liabilities

-1,180

-729

86

398

206

-181

428

-4,479

-209

-1,877

-3,551

4,153

-1,629

2,374

2,656

-809

996

77

269

695

85

-426

-331

335

-587

339

-873

-848

471

273

0

0

0

-

-

-

-

Increase in deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

-

-

-

-

Increase (decrease) in accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in operating activities

-14,052

-13,708

-14,253

-12,646

-12,291

-12,193

-11,384

-12,018

-11,768

-10,466

-10,830

-9,560

-10,669

-9,514

-9,545

-12,041

-11,412

-12,568

-11,065

-8,912

-8,323

-10,121

-11,630

-11,773

-13,479

-15,767

-15,857

-15,887

-14,102

-11,400

-10,339

-10,764

-9,548

-7,514

0

0

0

Cash flows from investing activities:
Contributions to equity-method investments

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to property, plant and equipment and water programs

4,887

1,599

1,896

1,617

1,389

1,726

1,593

1,772

1,392

1,006

671

161

116

0

555

666

887

906

0

0

0

-

-

-

-

167

1,944

2,535

3,136

3,226

2,486

2,889

3,287

4,140

0

0

0

Increase in other assets (restricted cash)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

0

0

0

-

-

-

-

Net cash used in investing activities

-7,031

-2,503

-3,896

-3,617

-3,389

-3,726

-1,593

-1,772

-1,392

-1,006

-671

-161

-116

0

-555

-666

-887

-906

0

0

0

-

-

-

-

-167

-1,579

-2,170

-2,971

-3,289

-2,914

-3,317

-3,515

-4,140

0

0

0

Cash flows from financing activities:
Net proceeds from issuance of stock

15,427

19,395

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Up-front payment related to lease liability

-

-

-

-

-

-

-

-

-

-

-

-

-

12,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

27,390

0

0

0

-

-

-

-

-

-

-

-

Debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

960

97

102

102

0

0

0

0

-

-

-

-

1,243

0

0

0

-

-

-

-

-

-

-

-

Principal payments on long-term debt

60

59

58

57

56

56

55

51

44,923

44,923

44,065

44,496

54

10,554

11,414

10,988

10,553

42

30

18

11

11

11

11

12

11

11

11

8

10

11

12

16

16

0

0

0

Net cash provided by (used in) financing activities

15,367

19,336

15,754

15,507

23,338

15,447

14,589

14,593

12,330

12,330

23,663

23,237

18,089

18,996

7,598

8,019

854

-42

14,493

14,505

14,512

14,512

9,879

9,879

9,878

26,136

21,204

21,260

21,263

5,004

11,174

15,117

17,113

17,113

0

0

0

Net (decrease) increase in cash, cash equivalents and restricted cash

-5,716

3,125

-2,395

-756

7,658

-472

1,612

803

-830

858

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

9,482

-2,502

-4,688

-11,445

-13,516

3,030

5,295

6,098

4,319

-1,776

-1,908

-3,601

10,202

3,768

3,203

4,190

-9,685

-2,079

1,036

4,050

5,459

0

0

0