Cvd equipment corp (CVV)
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 income/(loss)

-2,492

-6,327

-5,633

-7,998

-7,936

-5,201

-1,690

2,208

4,795

5,261

4,446

2,965

1,212

-149

-527

368

2,199

3,204

-451

-404

-1,537

-2,473

236

-1,060

-388

-560

-798

-179

-732

435

2,303

3,362

3,819

3,779

0

0

0

Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities
Stock-based compensation

445

572

712

893

915

939

958

921

938

932

909

865

830

775

738

726

718

750

701

632

573

515

638

594

541

461

253

237

216

234

249

264

298

290

0

0

0

Depreciation and amortization

1,094

1,042

1,114

1,151

1,142

1,141

1,068

993

934

867

819

806

805

813

808

807

819

826

843

848

823

797

764

739

713

646

547

525

505

515

624

611

599

597

0

0

0

Deferred income tax (benefit)/expense

-

1,425

-878

-1,250

-952

-495

-43

399

537

831

960

685

-11

-435

1,128

973

1,295

1,633

-2,005

-1,615

-1,498

-1,483

-699

-906

-714

-1,396

-846

-572

-725

-178

486

421

513

433

0

0

0

Provision for bad debts

-

-

-

-

-

-

-

-

-

2

-51

-53

-14

-16

-23

-22

-62

-30

58

62

70

-58

-618

-1

-23

75

616

-5

5

6

8

4

7

6

0

0

0

(Increase)/decrease in operating assets
Accounts receivable

1,134

-1,519

484

-656

-6,875

2,006

-1,471

869

934

1,453

-3,155

-5,972

4,641

-2,500

2,082

1,236

-4,799

-3,402

477

2,589

6,238

3,521

-1,372

183

-2,087

-1,556

1,870

936

2,742

858

1,870

-952

-2,701

760

0

0

0

Contract assets

664

-844

36

-3,659

-2,630

-7,039

-1,906

2,287

1,975

5,800

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Costs and estimated earnings in excess of billings on contracts in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,038

647

-469

874

2,136

-72

735

1,516

920

261

-1,700

-1,064

-1,152

-930

-1,035

-570

-680

1,232

3,796

837

1,752

0

0

0

Inventories

-54

-152

-982

-715

-984

-1,103

310

128

568

260

-37

6

-452

290

-596

-1,119

-1,516

-1,855

-1,566

-1,096

-253

344

2,114

2,264

2,050

1,754

181

89

-249

-464

-504

-545

-343

-760

0

0

0

Tax receivable

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

0

-

0

0

0

-

181

-129

-255

-68

22

349

394

68

85

-105

10

-27

-105

-68

-77

-51

26

17

20

53

-27

-444

-41

41

-382

406

9

14

0

0

0

Other assets

-

-

-

-

-

552

8

191

137

10

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase/(decrease) in operating liabilities
Accounts payable

-42

-177

-230

-77

-324

-461

-130

-125

65

431

3,335

1,737

799

435

-4,367

-3,746

-1,914

-1,374

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses

-144

315

-71

-344

-1,018

-1,235

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current maturities of long term debt

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract liabilities

-518

309

-85

-108

-821

70

13

-2,705

-3,137

-4,796

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Billings in excess of costs and estimated earningson contracts in progress

-

-

-

-

-

-

-

-

-

-

-

-

-

5,262

8,377

4,792

-2,472

-1,328

208

338

2,105

1,075

539

16

134

-223

-80

-273

-677

-1,211

-1,797

-5,645

-5,796

-636

0

0

0

Accrued litigation settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,925

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

2,372

969

383

-624

-77

167

311

928

-1,553

134

348

71

1,996

-230

-84

-152

-145

-181

-89

37

155

284

58

-236

-457

-130

94

366

414

-754

81

-244

-456

989

0

0

0

Total adjustments

1,970

6,898

1,327

4,429

8,829

5,710

5,700

-2,004

-4,214

-7,640

-2,427

5,569

5,243

9,001

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by operating activities

-521

570

-4,306

-3,569

893

509

4,010

204

581

-2,379

2,019

8,535

6,456

8,852

3,081

3,703

5,366

1,733

2,782

1,699

-3,410

1,545

1,497

-451

492

-1,067

-2,437

-996

-3,223

-182

-423

-3,584

1,676

4,187

0

0

0

Cash flows from investing activities:
Release of restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-400

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

2,671

2,688

2,395

2,698

2,170

2,537

2,529

1,711

1,410

889

688

529

365

112

78

115

157

248

434

477

598

617

654

903

1,245

2,071

3,485

5,546

5,161

11,796

10,148

7,829

7,749

204

0

0

0

Deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-322

0

0

0

-

-

-

-

Net cash used in investing activities

-2,671

-2,688

-2,395

-2,497

-2,032

-2,537

-16,951

-16,324

-15,968

-15,320

-1,197

-1,026

-674

-410

124

287

43

-47

-224

-268

-389

-208

-244

-697

2,580

1,555

121

-1,546

-3,347

-9,670

-8,012

-7,444

-8,797

-1,564

0

0

0

Net proceeds from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

102

148

109

109

75

29

246

249

286

680

-8,860

572

473

0

0

0

Proceeds from mortgage payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,000

0

0

0

-

-

-

-

Payments of long-term debt

660

657

751

748

742

743

558

472

390

300

300

90

195

300

300

580

580

580

685

720

720

720

720

720

2,984

3,037

3,089

3,140

926

848

771

2,710

2,546

2,697

0

0

0

Net cash used in financing activities

-660

-657

-751

-748

-742

-743

9,952

10,039

10,143

10,233

-277

-67

267

162

162

-118

-580

-580

-685

-668

-668

-617

-571

-610

-2,875

-2,961

-3,059

-2,894

-676

5,437

5,907

5,911

15,513

9,264

0

0

0

Net decrease in cash and cash equivalents

-3,853

-2,775

-7,453

-6,815

-1,881

-2,771

-2,988

-6,080

-5,243

-7,466

543

7,440

6,048

8,603

3,367

3,872

4,829

1,106

1,872

762

-4,468

719

681

-1,759

197

-2,473

-5,375

-5,436

-7,247

-4,415

-2,528

-5,116

8,391

11,887

0

0

0

Supplemental disclosure of cash flow information:
Income taxes paid

-

-

-

-

-

472

295

595

801

601

701

403

1

101

101

427

427

427

427

100

98

0

0

0

1

0

-3

121

339

451

762

637

619

813

0

0

0

Interest paid

368

365

473

462

459

463

374

278

170

71

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalization of right to use Asset

-

84

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

87

92

96

101

105

109

147

120

139

163

156

215

225

204

181

168

161

182

0

0

0