CINEDIGM CORP. CIDM Cash Flow

Cinedigm corp. (CIDM)

CashFlow / Quarterly

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'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Cash flows from operating activities:
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-15,197	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-2,162	-3,088	-5,039	-	-3,272	-3,487	-3,283	-	-5,924	-7,465	-5,152	-9,658	-481	-483	-4,575	-42,509	-1,976	-23,074	-11,319	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,344	-10,663	-	-10,382	-5,167	-6,988	-	-1,784	-2,611	-133	-5,777	-10,640	-230	-6,393	-7,262	-4,080	-10,835	-7,059
Adjustments to reconcile net loss to net cash provided by operating activities:
Gain on disposal of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-4,606	846	64	0	0	622	0
Depreciation and amortization of property and equipment and amortization of intangible assets
2,183	2,203	2,769	3,325	3,471	3,471	3,484	3,592	3,608	5,040	5,752	33,440	7,666	9,227	9,987	43,196	10,891	10,890	10,816	10,405	10,862	10,855	11,261	10,806	10,717	9,792	9,700	9,571	9,894	9,343	9,255	9,188	9,420	10,202	10,218	9,960	9,470	9,015	8,882
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on termination of capital lease
-	-	-	-	-	-	-	-	-	-	-	2,535	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	0	-62	-2	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	89	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of capitalized software costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-206	-422	-314	-336	-302	-277	-250	-265	-130	-152	-212	-65	-199	-197	-175
Amortization of debt issuance costs included in interest expense
220	249	523	511	500	467	410	462	505	581	487	2,688	673	819	666	2,463	625	616	587	501	456	449	437	445	367	278	288	449	550	549	572	517	598	491	521	515	505	500	520
Provision for doubtful accounts
-5	56	270	224	113	1,067	65	-589	631	949	0	1,213	-	-	-	789	0	0	339	0	-378	78	94	1,102	33	132	62	264	72	78	76	210	538	-65	88	-	-	-	-
Recovery for inventory reserve
-26	-301	-133	-43	-57	36	-28	-719	-390	188	529	376	5	164	130	900	0	500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory reserve
-26	-301	-133	-43	-57	36	-28	-719	-390	188	529	376	5	164	130	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	104
Stock-based compensation and expenses
178	178	11	812	361	317	86	65	1,567	330	317	1,726	344	742	278	1,832	351	401	672	677	447	422	651	444	793	540	737	447	513	528	791	1,172	778	988	480	597	307	675	686
Change in fair value of interest rate derivatives
-	-	-	-	-	-	-	-30	-44	-43	-40	-142	-169	38	27	-40	34	-68	2	-160	-106	84	-259	-117	38	-71	829	206	349	255	421	171	597	219	-787	-	-	-	-
Change in fair value of interest rate swaps
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-199	318	-987	-458
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,891	5,033
Realized loss on restricted available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-25	-92	-16	-27	-22	-22
Accretion and PIK interest expense added to note payable
362	432	395	392	414	413	489	441	300	152	410	1,034	409	138	134	1,677	416	559	565	583	594	591	631	635	624	604	472	1,850	2,353	2,494	2,456	1,812	1,777	1,741	1,708	1,674	1,641	1,609	1,578
Debt conversion expense and loss on extinguishment of notes payable
-	-	-	-	-	-	-	-	-	-	-	-5,415	-	-	-	-931	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-931	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-4,448
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-560	-1,252	-1,018	678	631	31	-167	-343	0	0	-	-	-	-
Accretion of note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	585	776	465	608	609	608	608	585
Benefit from deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-5,019	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities;
Accounts receivable
10,231	-711	-3,807	-3,159	8,172	-1,095	-5,067	-490	12,110	-13,144	-13,346	2,186	17,402	-3,063	2,121	-5,988	5,980	8,925	-3,363	-13,250	-2,176	37,044	-19,301	-5,009	12,887	1,605	3,496	-6,956	5,461	1,981	-1,346	1,556	5,019	1,299	2,536	238	5,303	-468	1,789
Inventory
-35	-306	-194	-2	-51	21	-179	-739	-389	196	195	-511	-391	-122	29	-286	-133	359	-131	-327	-448	1,215	-294	1,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled revenue
-298	-339	-17	390	-686	-1,176	-2,991	2,052	79	-536	-451	85	-1,216	133	-96	505	1,367	-835	-134	276	1,254	-1,678	-394	-917	1,565	-2,075	-3,103	1,939	326	-1,172	1,310	-744	-1,493	3,693	-531	260	-10	-1,766	1,497
Prepaids and other current assets
-2,242	89	2,534	-1,491	721	-461	-1,429	-551	-1,663	187	-907	-1,873	-1,437	296	510	-3,653	300	-263	-1,024	-9,412	-624	9,324	-471	3,463	-11,002	405	1,314	-130	1,049	2,159	1,930	67	199	-291	179	1,802	-1,114	1,584	202
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,136	-241	599	-	-434	-85	188	614	-1,314	415	-378	-1,166	-104	-2,670	-60
Accounts payable and accrued expenses
9,016	-1,147	4,145	1,178	11,734	-8,467	-4,985	5,650	2,707	-50	-11,623	5,932	18,027	-5,618	3,517	-8,901	8,272	3,084	-4,518	-29,918	-2,259	37,782	-20,115	2,930	-1,111	1,903	7,216	-3,508	3,870	5,667	-2,907	3,771	6,017	1,318	415	2,209	-276	707	-703
Deferred revenue
-591	-65	-410	-412	-332	-286	-589	-405	-574	-498	-645	-2,648	-674	-607	-794	-2,425	-709	-337	-618	-876	-689	-666	-591	-588	3,860	-332	-604	-1,189	538	781	-742	-82	-1	1,487	426	7,199	124	732	729
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52	-327	364	-	-116	-79	-95	-252	-68	0	0	-	-	-	-
Net cash provided by operating activities
1,519	-216	4,015	4,755	4,776	-3,758	5,315	8,301	-6,364	15,834	4,626	31,699	10,760	7,100	6,752	25,504	10,452	2,521	2,105	-2,294	8,958	123	2,424	15,977	6,657	7,282	9,678	5,378	8,763	13,258	1,970	10,187	12,066	10,393	7,292	14,794	4,430	8,887	1,964
Cash flows from investing activities:
Purchases of businesses, net of cash acquired of $6,873 in 2013
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,127	-	-	-	-	-	-	-	-
Contributions from noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of New Video Group, Inc., net of cash acquired of $6,873
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Purchases of property and equipment
367	-252	252	349	213	661	194	394	186	118	227	481	133	90	152	1,381	362	469	580	368	583	289	331	442	296	477	141	2,122	561	1,786	2,007	-521	3,495	9,789	3,632	10,723	26,837	3,940	1,806
Purchases of intangible assets
10	0	0	442	107	1	3	3	3	0	0	5	1	3	1	8	2	0	3	2	2	2	4	5	4	0	0	3	7	13	9	12	10	15	10	12	27	6	0
Additions to capitalized software costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	372	483	399	583	431	731	769	957	590	776	515	1,163	397	72	182	136	78	176
Net cash used in investing activities
-377	252	-252	-791	-320	-662	-197	-397	-189	-118	-227	-486	-134	-93	-153	-1,389	-364	-469	-583	-370	-585	2,287	-818	-1,846	-48,383	-906	-874	-3,894	-1,525	-2,389	3,558	-115	-6,338	-8,641	-2,221	-9,339	-25,712	-2,767	-3,249
Cash flows from financing activities:
Payment of notes payable
1,557	8,363	5,493	6,055	8,580	1,709	8,250	3,354	23,333	8,066	6,976	53,088	17,349	13,767	10,999	59,934	9,924	10,024	28,796	12,724	7,203	14,253	14,862	14,311	10,125	12,909	8,610	195,124	10,141	11,648	15,594	-21,366	9,903	11,520	7,584	8,464	7,895	6,382	12,905
Proceeds under revolving credit agreement
1,224	0	0	2,822	574	4,000	3,000	-	-	-	-	0	2,700	716	-5,744	-2,367	6,800	0	-9,167	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales/maturities of restricted available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	9,477	-278	0	1,186	1,495	1,464	1,541	1,512	1,598
Purchase of restricted available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150	250	250	4,026
Change in restricted cash balances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	-	-	-	0	-2	0	0	2	-264	3	5	-1,161
Capital contributions from noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	39	1	0	38	1,166	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of convertible note and notes payable
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	64,000	0	0	64,000	-	-	-	-	-	-	-	-	195,649	0	1,670	1,799	-	-	-	-	0	0	0	170,775
Repurchase of Class A common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,440	0	0	11,440	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net repayments under revolving credit agreement
-	-	-	-	-	-	-	-	-	-	-	2,328	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	62	30	154,902
Repayment of Credit Facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	471	-	-	-	-
Proceeds from issuance of convertible note and notes payable
-	-	-	-	-	-	-	-	-	-	-	5,525	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,247	3,800	4,848	27,728	3,520	1,505
Repurchase of Class A common stock
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	2,667	0	0	2,667	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of Class A common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	0	11,002	1	0	7,014	56	0	200	500	441
Net proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on capital leases
-	-	-	-	-	-	-	0	8	28	30	224	29	84	81	501	70	153	149	146	147	151	147	136	116	35	31	19	46	44	42	55	14	53	30	16	15	14	85
Payments of debt issuance costs
-	-	-	-	-	-	-	211	274	129	167	2,035	306	572	914	3,658	74	-37	3,618	729	0	0	0	-	-	-	-	-	-	-	-	-	-	137	147	54	1,039	168	4,726
Change in restricted cash balances
-	-	-	-	-	-	-	-	-	-	-	7,983	-	-	-	-2,232	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs associated with issuance of Class A common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	0	2	70	360	1,560	174	0	8	0	89	1,024	3	61	385	0	9	13	18	26
Net cash used in financing activities
-333	-2,513	-5,493	-3,233	-3,006	2,291	-5,250	-7,170	14,110	-15,847	-7,173	-44,128	-8,207	-6,975	-17,700	-17,633	-2,814	-12,336	8,726	-7,931	-8,525	-9,406	-15,079	17,221	48,200	-7,598	-8,641	-5,357	-10,187	-10,111	-3,859	-8,843	-6,946	4,637	-4,376	-3,743	18,904	-2,592	77
Net change in cash and cash equivalents
809	-2,477	-1,730	731	1,450	-2,129	-132	734	7,557	-131	-2,774	-12,915	2,419	32	-11,101	6,482	7,274	-10,284	10,248	-10,595	-152	-6,996	-13,473	31,352	6,474	-1,222	163	-3,873	-2,949	758	1,669	1,229	-1,218	6,389	695	1,712	-2,378	3,528	-1,208