Cutera inc (CUTR)
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

-16,542

-12,348

-36,553

-34,798

-36,958

-30,770

18,403

25,464

28,983

29,993

11,326

6,782

3,606

2,577

414

-2,187

-2,847

-4,440

-8,115

-9,794

-10,646

-10,612

-9,265

-8,297

-6,194

-4,747

-3,392

-2,616

-3,444

-6,548

-8,512

-10,483

-11,473

-10,061

0

0

0

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

10,505

9,832

8,637

7,090

6,776

7,157

7,011

6,377

5,403

5,110

4,684

4,257

3,776

3,713

3,749

4,223

4,455

4,084

3,988

3,924

3,635

3,299

3,038

2,806

2,915

3,110

3,196

3,257

3,242

3,160

3,136

3,221

3,759

3,907

0

0

0

Depreciation of tangible assets

0

-

0

0

0

-

0

0

1,022

-

999

990

990

982

1,007

1,048

1,099

1,186

1,259

1,298

1,332

1,336

1,320

1,318

1,315

1,304

1,393

1,484

1,583

1,606

1,340

1,086

823

637

0

0

0

Amortization of contract acquisition costs

2,942

2,915

2,699

2,424

2,151

1,834

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax assets

-

-

-

-

-

-17,438

22,185

22,002

21,398

18,678

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

1,082

590

1,027

751

1,168

1,257

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

59

127

81

417

506

241

222

-34

-179

-51

-20

14

-53

-7

24

-26

188

282

197

358

215

206

422

286

306

243

69

-37

-67

-87

-241

142

77

107

0

0

0

Changes in assets and liabilities:
Accounts receivable

-2,394

2,509

-1,195

3,548

629

117

6,725

4,420

2,009

4,229

7,886

7,004

6,676

4,899

2,721

2,290

801

536

181

1,321

3,814

1,460

1,359

77

-207

857

-355

1,334

2,303

3,690

3,804

2,993

1,243

1,000

0

0

0

Inventories

10,282

5,907

2,720

-3,249

-4,320

-768

7,594

13,225

15,307

13,805

7,250

2,211

2,197

2,899

2,999

1,181

1,620

1,090

2,373

3,491

2,215

1,982

685

-488

-1,451

-2,108

-2,056

-2,204

-2,343

-1,167

1,266

2,869

4,614

4,281

0

0

0

Other current assets and prepaid expenses

39

1,762

1,696

1,115

3,739

1,070

755

615

-1,320

591

375

116

360

432

311

774

-26

-241

-282

-492

-1,016

-239

48

-4

507

-345

-354

-598

-475

-859

-1,370

-1,668

-1,539

-2,604

0

0

0

Other long-term assets

2,883

3,355

3,061

2,928

1,283

2,754

2,294

1,571

2,135

-6

-63

-67

-30

-4

52

97

57

23

379

336

341

37

-335

-333

-341

-73

-169

-191

-96

-89

24

539

458

486

0

0

0

Accounts payable

4,267

1,406

819

698

2,131

4,277

7,516

6,450

5,117

4,404

2,522

1,541

519

639

624

-845

-285

-1,124

-59

1,569

372

1,263

618

-402

322

-287

-197

231

-513

-466

146

19

1,129

1,277

0

0

0

Accrued liabilities

2,057

7,157

5,296

4,323

1,479

-3,781

411

3,486

5,275

9,345

7,332

5,768

3,562

3,461

3,029

2,600

2,710

2,687

2,579

2,849

403

1,650

1,121

-304

599

-371

-1,891

-1,888

-2,020

-177

1,721

2,054

2,662

2,970

0

0

0

Extended warranty liabilities

-902

-1,160

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-140

-105

-70

-35

140

0

0

0

-

-82

-165

-246

-329

-319

-308

-299

-289

-288

-289

-287

-285

-269

-247

-232

-218

-201

-171

-91

-62

0

0

0

-

-

-

0

Deferred revenue

-122

1,656

2,154

2,052

2,286

1,305

963

1,319

1,124

1,557

1,013

279

-746

-826

-1,227

-1,162

-1,863

-2,319

-2,376

-1,373

303

1,410

2,751

3,302

3,078

3,114

2,880

2,647

2,617

1,915

708

38

-809

-895

0

0

0

Income tax liabilities

-

-301

-259

-293

15

15

0

0

0

-

-

-

-

-14

-23

-23

-40

37

36

36

49

37

82

-181

-202

-304

-402

-144

-149

-66

-18

-25

-10

1

0

0

0

Net cash used in operating activities

-6,230

-2,217

2,233

2,892

2,402

308

-1,437

3,894

8,025

14,287

12,346

10,234

2,251

1,992

1,140

-1,077

611

-1,359

-4,780

-5,428

-9,328

-4,286

-1,939

-971

3,399

3,513

4,389

4,416

1,715

-2,300

-5,406

-8,620

-8,536

-5,168

0

0

0

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

1,156

991

798

1,223

1,449

1,488

1,626

1,226

890

855

669

610

509

537

354

205

436

746

1,047

1,129

902

734

414

494

582

517

651

511

413

516

688

665

848

751

0

0

0

Business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,091

5,091

5,091

5,091

0

0

0

0

Disposal of property and equipment

-

-

-

-

-

-

-

-

-

53

56

54

45

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of marketable investments

-

-

-

-

-

13,044

37,530

39,930

41,429

33,640

12,009

10,711

12,463

9,008

8,053

18,843

17,595

21,171

20,124

15,052

14,530

12,354

14,971

15,284

18,278

15,578

17,311

18,744

21,335

31,564

29,962

28,552

27,686

21,198

0

0

0

Proceeds from maturities of marketable investments

18,300

14,700

0

0

0

-

-

-

-

45,812

45,287

40,037

35,870

25,810

27,029

25,153

27,713

35,918

33,679

29,100

31,855

26,915

31,975

38,995

32,220

36,030

34,879

39,374

42,924

43,009

47,295

39,334

46,945

47,935

0

0

0

Purchase of marketable investments

15,031

12,687

14,788

10,504

8,070

10,874

21,190

39,483

49,374

60,956

57,905

49,553

47,266

37,693

32,754

25,438

21,229

23,697

22,494

28,558

36,222

44,146

49,485

47,454

53,165

56,847

62,850

72,520

65,844

58,813

56,740

54,542

61,795

63,131

0

0

0

Net cash provided by investing activities

2,158

1,067

-2,091

5,446

3,772

10,773

29,005

22,772

22,970

17,694

-1,222

639

603

-3,392

1,991

18,359

23,643

32,646

30,262

14,465

9,261

-5,611

-3,045

6,239

-3,341

-5,848

-11,311

-14,913

-1,998

10,153

14,738

7,624

6,933

5,287

0

0

0

Cash flows from financing activities:
Repurchase of common stock

-

-

-

-

-

-

-

-

-

35,167

13,776

9,049

7,294

4,873

8,342

25,206

35,814

40,085

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and employee stock purchase plan

2,964

2,894

2,396

2,524

3,897

4,399

4,472

4,602

4,317

5,435

7,879

11,032

11,118

10,111

8,323

5,521

5,821

11,079

10,146

9,755

7,664

3,758

3,755

3,919

3,568

5,189

5,455

4,648

4,798

1,667

1,127

1,295

1,204

1,360

0

0

0

Taxes paid related to net share settlement of equity awards

2,575

831

908

1,035

1,331

3,129

3,108

2,966

2,973

1,469

1,349

1,229

1,169

618

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on finance lease obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease obligation

-

-

-

-

-

483

459

423

405

371

369

368

331

313

273

230

207

198

178

167

172

144

146

139

124

127

0

0

0

-

-

-

-

-

-

-

-

Net cash used in financing activities

-312

1,414

871

898

2,074

787

-20,486

-26,913

-31,528

-31,572

-7,615

386

2,324

4,307

-1,911

-21,489

-31,451

-30,222

-26,804

-8,312

2,786

3,458

1,201

-6,251

-6,587

-4,969

-2,252

4,594

4,768

1,673

1,128

1,301

1,226

1,382

0

0

0

Net decrease in cash and cash equivalents

-4,384

264

1,013

9,236

8,248

11,868

7,082

-247

-533

409

3,509

11,259

5,178

2,907

1,220

-4,207

-7,197

1,065

-1,322

725

2,719

-6,439

-3,783

-983

-6,529

-7,304

-9,174

-5,903

4,485

9,526

10,460

305

-377

1,501

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Assets acquired under capital lease

-

738

903

980

518

610

718

641

569

365

478

693

830

801

814

650

336

285

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-