Chembio diagnostics, inc. (CEMI)
CashFlow / Quarterly
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
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS:
CASH FLOWS FROM OPERATING ACTIVITIES:
Cash received from customers and grants

6,061

8,506

11,796

9,758

7,869

7,991

9,565

6,207

6,039

9,721

6,328

5,169

3,751

5,018

3,751

4,057

4,118

11,705

6,194

5,808

6,465

7,072

4,422

5,368

7,035

8,773

8,006

6,778

6,220

5,635

4,655

7,485

6,034

5,875

4,906

3,697

5,855

Cash paid to suppliers and employees

10,951

10,469

10,764

12,072

12,349

12,237

12,034

8,993

8,358

7,576

8,052

6,762

7,636

6,063

5,577

5,224

6,811

7,328

6,612

7,033

7,408

5,739

7,042

7,255

7,687

7,081

8,227

6,033

6,164

5,826

5,488

5,848

5,884

5,157

4,272

4,332

4,292

Operating cash flows for operating leases

165

-

168

23

281

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amount of cash out flows from finance lease, associated with operating activities.

4

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The amount of interest and tax expenses, net.

-592

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest received, net

-

-

-

-

-

-

-

25

1

-2

3

7

13

15

5

1

2

0

0

0

1

1

1

1

1

2

1

0

1

2

2

1

1

5

-0

0

1

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

1

2

2

2

13

0

-0

4

Net cash used in operating activities

-5,651

-2,657

688

-2,331

-4,754

-4,250

-2,452

-2,760

-2,317

2,142

-1,720

-1,584

-3,871

-

-

-

-

-

-

-

-

-

-

-

-650

1,693

-218

745

57

-190

-833

1,636

149

709

632

-633

1,560

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,690

-

-418

-1,224

-941

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH FLOWS FROM INVESTING ACTIVITIES:
Patent application costs

45

-49

274

27

45

0

0

0

0

-

-

-

-

-

-

-

-

100

0

0

450

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of businesses, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of RVR Diagnostics Sdn Bhd, net of cash acquired

-

-

-

-

-

-

-

-

-

0

0

0

850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of and deposits on fixed assets

1,033

934

1,491

544

532

1,065

151

208

41

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

223

223

444

-6

242

46

Acquisition of and deposits on fixed assets

-

-

-

-

-

-

-

-

-

-

233

305

250

-

-6

57

28

-

43

27

406

-

543

450

66

-

350

208

207

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28

-

-43

-27

-856

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-1,078

-984

-1,765

-426

-577

-6,556

-151

-208

-41

-237

-233

-305

-1,100

-

-

-

-

-

-

-

-

-

-

-

-66

-89

-380

-208

-207

-157

-267

-223

-223

-444

6

-242

-46

CASH FLOWS FROM FINANCING ACTIVITIES:
Payments of tax withholding on stock award

145

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on note payable

67

45

44

62

29

48

15

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from option exercises

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from option exercises

-

-

-

-

-

0

0

0

71

-

-

-

-

-

-

-

-

0

0

0

0

-0

0

83

153

-0

0

13

17

21

13

42

42

7

1

237

41

Financing cash flows for finance leases

10

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Expenses from sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-104

0

16

87

0

0

0

0

-

-

-

-

Proceeds from credit line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of credit line

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of common stock, net

-

-

-

-

-

16,541

0

0

10,934

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of license obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-13

888

Payment of loan obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

133

12

12

14

14

-

-

-

-

Payment of capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4

10

6

6

6

5

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-223

-23

18,609

-62

-29

16,493

-15

0

11,006

0

134

0

0

-

-

-

-

-

-

-

-

-

-

-

153

-0

0

5,509

-203

9

1

23

17

-299

266

218

-853

Effect of exchange rate changes on cash

-79

68

-168

-46

208

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

DECREASE IN CASH AND CASH EQUIVALENTS

-7,033

-3,596

17,363

-2,866

-5,153

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

19

13

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock

-

-

-

-

-

16,541

0

0

10,934

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

8,667

1,918

-1,819

-1,890

-4,971

-1,617

10,732

-1,218

-2,719

4,274

-461

-1,251

-1,798

941

-3,162

-2,251

-563

1,604

-599

6,046

-353

-338

-1,099

1,435

-56

-34

906

-657

660

RECONCILIATION OF NET LOSS TO NET CASH USED IN OPERATING ACTIVITIES:
NET LOSS

-4,999

-3,888

-3,783

-3,186

-2,816

-3,170

-2,314

-1,728

-652

-1,998

-584

-2,173

-1,615

-2,557

-2,138

-8,347

-303

-648

-437

-664

-646

-495

-270

-145

-224

-261

716

-240

317

491

-292

308

433

5,680

475

194

-142

Adjustments:
Depreciation and amortization

733

249

916

394

355

239

216

223

222

265

237

295

477

263

295

288

291

390

315

319

345

202

192

171

172

161

163

141

140

118

134

139

129

116

104

104

112

Share based compensation

-37

424

506

376

347

333

74

127

97

88

87

73

135

83

74

92

53

66

72

86

109

110

118

147

70

47

62

83

138

77

61

44

134

53

79

28

27

Change in deferred tax liability

-138

-111

-22

-107

-272

-78

0

0

0

-

-

-

-

0

0

5,962

-162

-567

-142

-233

-227

-164

-13

-82

-142

99

322

-117

153

205

-173

182

256

-5,155

0

0

0

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-34

28

0

-95

95

10

0

0

-15

Changes in assets and liabilities:
Accounts receivable

1,216

-1,768

-2,356

151

208

-558

907

3,073

1,727

-3,683

1,097

-1,009

2,297

-824

-371

-317

2,473

-7,091

647

607

-78

51

2,892

2,053

-1,222

-913

1,611

-1,384

423

2,282

351

-1,496

713

350

1,015

-83

-2,234

Inventories

1,332

899

-661

-773

1,992

1,522

-371

547

1,378

-811

241

1,239

419

-91

-54

98

-194

567

-771

83

60

-336

-103

474

415

-558

-101

1,246

113

-549

-103

434

406

-287

-329

1,325

242

Prepaid expenses and other current assets

105

39

27

-498

366

-879

781

-66

282

-400

89

-88

114

98

83

56

-102

-58

15

93

140

31

-108

25

19

198

-21

-24

7

-3

-30

-18

73

86

-25

38

-29

Deposits and other assets

-15

70

-234

192

62

0

0

67

-67

535

-14

-8

0

0

0

-1

0

0

0

-0

0

68

-9

-51

271

0

2

0

0

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

1,009

1

128

-1,056

485

-1,152

788

1,678

1,285

-475

114

305

237

424

-119

292

-385

-1,650

-289

351

-556

1,126

23

527

-1,041

374

5

739

-114

617

46

-441

292

443

350

383

-443

Deferred revenue

418

-112

-280

318

-222

-337

100

560

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer deposits and deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

365

-474

8

-

45

300

-155

-340

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,690

-

-418

-1,224

-941

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-275

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in operating activities

-5,651

-2,657

688

-2,331

-4,754

-4,250

-2,452

-2,760

-2,317

2,142

-1,720

-1,584

-3,871

-

-

-

-

-

-

-

-

-

-

-

-650

1,693

-218

745

57

-190

-833

1,636

149

709

632

-633

1,560

Supplemental disclosures for non-cash investing and financing activities:
Value of deposits on manufacturing equipment transferred to fixed assets in noncash transactions during the period.

-

-

-

-

-

-11

11

198

58

-36

36

157

16

-49

6

28

15

0

0

0

20

539

4

43

16

224

1

86

208

47

125

32

23

0

0

0

0

Amount of right-of-use assets and deferred rent obtained from new operating lease liabilities in noncash transactions during the period.

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The amount of measurement period acquisition adjustment to accounts receivable.

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Refers to accrual of contingent earn out payment during the period.

-

-

-

-

-

-

-

-

-

0

0

0

148

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock for net assets of business acquired

-

-

-

-

-

-

-

-

-

0

0

0

1,682

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-