Cutera inc (CUTR)
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
Cash flows from operating activities:
Net loss

-12,414

-2,088

-2,628

588

-8,220

-26,293

-873

-1,572

-2,032

22,880

6,188

1,947

-1,022

4,213

1,644

-1,229

-2,051

2,050

-957

-1,889

-3,644

-1,625

-2,636

-2,741

-3,610

-278

-1,668

-638

-2,163

1,077

-892

-1,466

-5,267

-887

-2,863

-2,456

-3,855

Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation

1,980

2,828

3,178

2,519

1,307

1,633

1,631

2,205

1,688

1,487

997

1,231

1,395

1,061

570

750

1,332

1,097

1,044

982

961

1,001

980

693

625

740

748

802

820

826

809

787

738

802

894

1,325

886

Depreciation of tangible assets

360

-

369

404

411

-

305

290

254

-

258

244

248

249

249

244

240

274

290

295

327

347

329

329

331

331

327

326

320

420

418

425

343

154

164

162

157

Amortization of contract acquisition costs

717

746

757

722

690

530

482

449

373

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax asset

15

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax assets

-

-

-

-

-

-20,945

183

587

2,737

18,678

0

-17

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

590

-57

666

-117

98

380

390

300

187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

35

72

-96

48

103

26

240

137

-162

7

-16

-8

-34

38

18

-75

12

69

-32

139

106

-16

129

-4

97

200

-7

16

34

26

-113

-14

14

-128

270

-79

44

Changes in assets and liabilities:
Accounts receivable

-5,306

-1,723

-1,031

5,666

-403

-5,427

3,712

2,747

-915

1,181

1,407

336

1,305

4,838

525

8

-472

2,660

94

-1,481

-737

2,305

1,234

1,012

-3,091

2,204

-48

728

-2,027

992

1,641

1,697

-640

1,106

830

-53

-883

Inventories

3,020

-121

7,153

230

-1,355

-3,308

1,184

-841

2,197

5,054

6,815

1,241

695

-1,501

1,776

1,227

1,397

-1,401

-42

1,666

867

-118

1,076

390

634

-1,415

-97

-573

-23

-1,363

-245

-712

1,153

1,070

1,358

1,033

820

Other current assets and prepaid expenses

-807

339

809

-302

916

273

228

2,322

-1,753

-42

88

387

158

-258

-171

631

230

-379

292

-169

15

-420

82

-693

792

-133

30

-182

-60

-142

-214

-59

-444

-653

-512

70

-1,509

Other long-term assets

207

747

856

1,073

679

453

723

-572

2,150

-7

0

-8

9

-64

-4

29

35

-8

41

-11

1

348

-2

-6

-303

-24

0

-14

-35

-120

-22

81

-28

-7

493

0

0

Accounts payable

1,919

-1,455

2,699

1,104

-942

-2,042

2,578

2,537

1,204

1,197

1,512

1,204

491

-685

531

182

611

-700

-938

742

-228

365

690

-455

663

-280

-330

269

54

-190

98

-475

101

422

-29

635

249

Accrued liabilities

-6,567

2,257

1,121

5,246

-1,467

396

148

2,402

-6,727

4,588

3,223

4,191

-2,657

2,575

1,659

1,985

-2,758

2,143

1,230

2,095

-2,781

2,035

1,500

-351

-1,534

1,506

75

552

-2,504

-14

78

420

-661

1,884

411

1,028

-353

Extended warranty liabilities

-234

-233

-167

-268

-492

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

0

0

0

-140

35

35

35

35

-

0

-1

1

-82

-83

-82

-82

-72

-72

-73

-72

-71

-73

-71

-70

-55

-51

-56

-56

-38

-21

24

-27

-

-

-

3

Deferred revenue

-1,253

749

-386

768

525

1,247

-488

1,002

-456

905

-132

807

-23

361

-866

-218

-103

-40

-801

-919

-559

-97

202

757

548

1,244

753

533

584

1,010

520

503

-118

-197

-150

-344

-204

Income tax liabilities

-

0

0

-306

5

42

-34

2

5

-

-

-

-

4

7

30

-55

-5

7

13

22

-6

7

26

10

39

-256

5

-92

-59

2

0

-9

-11

-5

15

2

Net cash used in operating activities

-11,966

3,977

-2,275

4,034

-7,953

8,427

-1,616

3,544

-10,047

6,682

3,715

7,675

-3,785

4,741

1,603

-308

-4,044

3,889

-614

1,380

-6,014

468

-1,262

-2,520

-972

2,815

-294

1,850

-858

3,691

-267

-851

-4,873

585

-3,481

-767

-1,505

Cash flows from investing activities:
Acquisition of property, equipment and software

230

467

208

251

65

274

633

477

104

412

233

141

69

226

174

40

97

43

25

271

407

344

107

44

239

24

187

132

174

158

47

34

277

330

24

217

180

Business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

5,091

0

0

0

0

Disposal of property and equipment

-

-

-

-

-

-

-

-

-

0

13

15

25

3

11

6

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of marketable investments

-

-

-

-

-

0

0

0

13,044

24,486

2,400

1,499

5,255

2,855

1,102

3,251

1,800

1,900

11,892

2,003

5,376

853

6,820

1,481

3,200

3,470

7,133

4,475

500

5,203

8,566

7,066

10,729

3,601

7,156

6,200

4,241

Proceeds from maturities of marketable investments

6,800

3,250

1,850

6,400

3,200

-

-

-

-

6,200

14,800

10,777

14,035

5,675

9,550

6,610

3,975

6,894

7,674

9,170

12,180

4,655

3,095

11,925

7,240

9,715

10,115

5,150

11,050

8,564

14,610

8,700

11,135

12,850

6,649

16,311

12,125

Purchase of marketable investments

3,930

4,383

4,284

2,434

1,586

6,484

0

0

4,390

16,800

18,293

9,891

15,972

13,749

9,941

7,604

6,399

8,810

2,625

3,395

8,867

7,607

8,689

11,059

16,791

12,946

6,658

16,770

20,473

18,949

16,328

10,094

13,442

16,876

14,130

17,347

14,778

Net cash provided by investing activities

2,640

-1,600

-2,617

3,735

1,549

-4,758

4,920

2,061

8,550

13,474

-1,313

2,259

3,274

-5,442

548

2,223

-721

-59

16,916

7,507

8,282

-2,443

1,119

2,303

-6,590

123

10,403

-7,277

-9,097

-5,340

6,801

5,638

3,054

-755

-313

4,947

1,408

Cash flows from financing activities:
Repurchase of common stock

-

-

-

-

-

-

-

-

-

21,391

6,735

4,341

2,700

0

2,008

2,586

279

3,469

18,872

13,194

4,550

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and employee stock purchase plan

201

1,294

437

1,032

131

796

565

2,405

633

869

695

2,120

1,751

3,313

3,848

2,206

744

1,525

1,046

2,506

6,002

592

655

415

2,096

589

819

64

3,717

855

12

214

586

315

180

123

742

Taxes paid related to net share settlement of equity awards

2,234

81

180

80

490

158

307

376

2,288

137

165

383

784

17

45

323

233

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on finance lease obligations

183

-

-

-

131

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease obligation

-

-

-

-

-

121

128

112

122

97

92

94

88

95

91

57

70

55

48

34

61

35

37

39

33

37

30

24

36

-

-

-

-

-

-

-

-

Net cash used in financing activities

-2,216

1,060

103

741

-490

517

130

1,917

-1,777

-20,756

-6,297

-2,698

-1,821

3,201

1,704

-760

162

-3,017

-17,874

-10,722

1,391

401

618

376

2,063

-1,856

-6,834

40

3,681

861

12

214

586

316

185

139

742

Net decrease in cash and cash equivalents

-11,542

3,437

-4,789

8,510

-6,894

4,186

3,434

7,522

-3,274

-600

-3,895

7,236

-2,332

2,500

3,855

1,155

-4,603

813

-1,572

-1,835

3,659

-1,574

475

159

-5,499

1,082

3,275

-5,387

-6,274

-788

6,546

5,001

-1,233

146

-3,609

4,319

645

Supplemental disclosure of non-cash items:
Repurchase of common stock acquired but not settled

-

-

-

-

-

-

-

-

-

-

-

-

207

-

-

57

27

-

604

-656

656

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets acquired under capital lease

-

-165

0

711

192

0

77

249

284

108

0

177

80

221

215

314

51

234

51

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-