Cerus corporation (CERS)
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
Operating activities
Net loss

-16,466

-16,923

-17,967

-17,562

-18,792

-16,205

-14,192

-13,282

-13,885

-11,486

-13,418

-17,083

-18,598

-13,501

-14,376

-18,166

-16,863

-14,756

-15,680

-15,972

-9,460

-20,182

-10,759

-7,589

-225

-5,860

-20,501

-6,724

-10,252

-1,716

-3,460

-1,907

-8,834

-7,735

2,260

-6,409

-5,098

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

706

622

-127

1,532

376

336

321

375

413

452

455

435

469

423

430

488

476

470

394

392

443

426

374

290

325

335

127

116

167

162

180

194

208

225

177

251

269

Stock-based compensation

3,754

3,700

3,595

3,139

2,878

2,815

2,671

2,593

2,315

2,347

2,391

2,470

2,147

2,099

2,104

2,086

1,776

1,818

1,733

1,705

1,474

1,389

1,478

1,340

946

853

861

841

713

630

695

674

542

464

463

451

472

Non-cash operating lease cost

-300

-

-

-

-353

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of available-for-sale securities

-267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in valuation of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,132

-1,109

2,707

-6,296

6,555

-1,738

-3,491

-9,034

-1,704

21,190

686

-5,073

-2,145

873

3,674

-4,461

-3,336

5,439

-339

-1,278

Non-cash interest expense

119

43

96

50

197

356

355

268

269

269

-3

90

195

197

217

303

300

278

91

75

64

-

-

-

0

-

-

-

-4

-35

5

4

6

-5

-93

44

49

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

-40

0

-56

-9

9

0

0

-

4

7

9

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

7

5

7

10

0

9

9

-5

5

6

1

7

6

7

6

7

7

6

7

-

-

0

0

-

-

-

-

Non-cash tax expense from realized gain on available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-456

934

768

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investment in marketable equity securities

-

-

-

-

-

-

-

-

-

0

0

3,448

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

1,283

2,380

1,070

-324

5,004

-1,724

-912

899

-1,926

1,939

2,544

2,349

-1,285

-573

2,292

1,063

-1,708

148

222

271

-340

-1,873

2,888

-465

-1,182

-900

1,157

1,135

289

494

225

-1,297

-1,074

1,313

363

-380

8

Inventories

2,226

-1,416

3,482

1,691

2,286

237

415

-234

-1,224

292

2,037

-625

388

349

114

830

488

-2,021

-858

-2,332

1,220

-3,665

-779

2,528

-1,117

468

4

-283

1,624

502

301

470

2,467

-2,771

-455

746

3,081

Other assets

-1,119

89

-59

348

-2,165

20

1,137

112

1,475

-1,486

1,083

-1,014

310

-973

81

-648

213

-577

-63

-855

116

-1,205

2,410

-314

764

-132

338

418

-910

-343

1,992

-110

124

-72

218

-326

193

Accounts payable

-2,308

2,012

-224

632

2,597

2,663

2,866

276

-122

-1,535

2,937

887

198

1,699

-340

907

995

-781

1,091

-4,660

484

582

1,070

-444

-2,181

1,598

-959

1,148

-3,299

1,486

2,192

-642

-530

900

-902

-549

2,001

Accrued liabilities and other non-current liabilities

-4,356

2,672

2,033

1,399

-4,809

1,587

3,905

1,894

-1,340

851

-20

267

-1,724

1,072

716

181

-639

1,734

1,163

-50

-1,488

-4,110

1,985

2,038

-1,295

-2,327

3,458

905

85

-248

1,456

-911

1,674

136

200

-21

-651

Manufacturing and development obligations

-

0

-6,250

80

-118

-79

-39

-312

164

80

181

343

76

-310

-2,176

-158

-924

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred product revenue

572

9

-104

-98

265

-35

-143

30

186

-249

281

-80

313

-751

117

137

52

232

-298

233

23

-110

294

-13

98

70

-42

-21

97

-639

580

-61

86

37

-49

-38

-87

Net cash used in operating activities

-19,802

-8,561

-22,217

-12,882

-22,178

-7,095

-4,896

-8,930

-10,325

-10,035

-12,853

-12,999

-16,348

-9,711

-16,251

-14,524

-13,043

-8,785

-11,860

-14,733

-15,751

-8,634

-11,741

-9,611

-9,825

-6,529

-6,092

-5,689

-8,352

-2,875

-1,752

-5,386

-3,904

-1,082

-3,513

-5,979

-5,058

Capital expenditures

452

475

1,944

3,201

3,315

520

479

93

52

-1

1

168

185

204

241

75

43

161

236

266

59

73

604

590

839

223

260

154

26

-16

34

61

2

41

47

19

51

Purchases of investments

68,520

9,151

7,028

26,728

1,000

248

4,991

18,521

56,941

18,609

29,434

10,591

10,158

11,051

1,200

20,016

50,544

12,146

8,278

1

69,982

11,174

11,315

3,032

460

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities and sale of investments

18,787

19,027

19,000

25,500

17,500

7,995

6,000

11,752

12,250

14,000

17,101

22,447

16,018

29,950

14,000

14,000

5,500

35,201

35,000

18,044

4,400

7,610

7,006

5,999

4,300

1,631

0

0

0

0

0

87

200

169

156

123

218

Proceeds from sales of certain other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

13

0

-

1

-4

2

-145

0

86

4

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

161

-47

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-50,185

9,401

10,028

-4,429

13,185

7,227

530

-6,862

-44,743

-4,608

-12,334

11,688

5,675

18,695

12,559

-6,091

-45,087

23,009

26,485

17,616

-65,594

-3,662

-4,863

2,377

3,001

424

-29,423

-167

-26

14

-35

30

196

273

109

18

163

Financing activities
Net proceeds from equity incentives

1,193

356

1,584

560

710

698

2,238

3,617

1,295

7

369

1,630

422

358

1,803

209

698

6,158

1,137

4,473

999

1,323

7,410

1,434

1,425

1,089

404

39

152

51

55

149

77

1

122

10

10

Net proceeds from public offerings

67,695

-

-

-

-

5,735

10,184

11,553

57,564

11,357

9,196

9,614

30

-25

7,599

21,746

-7,199

-27

3

-203

75,527

11,639

3,002

3,816

31

10,444

-190

-331

51,502

3,403

947

264

9,612

9,273

0

0

0

Net payment on revolving line of credit

204

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,482

0

526

-

1,044

175

0

-

-

-

-

Proceeds from loans

-

0

0

0

39,433

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of debt

-

24

35

35

31,010

34

34

33

32

32

17,663

659

1,271

31

531

28

32

28

29

28

28

28

27

3,294

125

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

68,684

9,484

13,066

11,804

9,133

6,399

12,388

15,137

58,827

11,332

21,902

10,645

-879

302

8,871

7,529

7,865

6,103

1,111

14,242

76,498

12,934

10,385

11,804

1,331

11,235

1,669

-5,106

50,845

2,896

1,781

574

9,660

11,545

998

-471

-454

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

-1,303

10,324

877

-5,507

140

6,531

8,022

-655

3,759

-3,311

-3,285

9,334

-11,552

9,286

5,179

-13,086

-50,265

20,327

15,736

17,125

-4,847

638

-6,219

4,570

-5,493

5,130

-33,846

-10,962

42,467

35

-6

-4,782

5,952

10,736

-2,406

-6,432

-5,349

Payments on debt, revolving line of credit and landlord provided leasehold incentives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

4,814

1,335

-

265

31

29

29

4,034

481

464

Supplemental disclosure of cash flow information:
Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

126

121

83

69

689

152

114

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

-