DIGITAL ALLY INC DGLY Cash Flow

Digital ally inc (DGLY)

CashFlow / Quarterly

Mar'20	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
Cash Flows From Operating Activities:
Net loss
-2,334,110	-3,426,984	-2,985,825	-387,730	-3,205,174	-5,327,849	-4,665,580	-2,962,890	-2,588,232	-4,399,673	-3,493,306	-2,326,523	-2,032,955	-4,276,900	-3,255,579	-2,865,084	-2,313,125	-2,693,629	-2,141,163	-792,388	-6,410,712	-901,115	-6,402,558	-988,089	-871,499	-1,638,648	-905,836	-67,151	113,695	-487,099	270,040	-2,558,659	804,729	-6,407,356	162,918	1,134,903	1,147,289
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation and amortization
72,941	102,967	80,215	97,853	109,116	104,358	120,427	129,486	145,906	174,570	181,741	166,981	158,636	143,543	134,724	143,795	152,018	74,984	144,082	166,726	161,977	89,351	134,635	129,069	115,250	106,926	105,289	111,324	105,460	149,516	150,423	177,920	194,231	301,819	348,106	204,913	207,265
Secured convertible note payable expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,114	341,514	0	224,438	0	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation expense
311,677	396,118	405,579	585,195	725,198	515,429	669,481	594,227	493,519	770,927	478,863	115,756	387,033	389,053	422,246	355,236	425,830	545,548	479,084	329,201	269,200	257,729	262,598	183,419	130,847	142,123	268,476	191,521	103,492	139,995	139,995	120,796	120,641	203,163	192,221	216,060	227,788
Interest expense related to stock conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	33,020	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory obsolescence
285,130	808,605	-323,857	208,638	162,856	898,527	136,809	-175,411	-262,127	573,050	91,448	6,920	319,364	544,461	-13,431	128,490	137,989	190,476	90,236	132,118	189,003	-11,595	168,800	151,042	31,618	-40,655	44,084	-66,834	-53,212	20,592	-193,750	1,596	1,710	-200,058	-172,265	33,644	152,283
Change in warrant derivative liabilities
-	-	-	-	-	0	9,799	310,195	-889	1,087	-3,628	-13,114	-605	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of discount on unsecured promissory notes
86,867	-	-	-	-	0	0	11,465	36,192	117,000	288,895	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of secured convertible notes
412,445	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,224	0	-7,221	0	0	9,020	0	-	-	-	-	-	-	-	-	-	-22,355	-13,392	0	-	-	-	-
Change in derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,075	21,282	16,533	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165,722	-83,528	-4,440,376	97,142	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of secured convertible notes
-	-	-	-	-	-	-1,466,468	-842,783	12,807	-79,597	-6,952	229,599	-155,857	0	0	0	0	-8,868,766	8,868,766	0	-4,434,383	-309,728	-464,030	-2,808	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of proceeds investment agreement
307,000	-83,000	-177,000	-2,961,000	-137,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-5,000	-10,160	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
(Increase) decrease in:
Accounts receivable - trade
467,469	-684,375	183,347	-70,203	-145,637	-158,230	-52,395	662,774	-583,199	117,927	-262,668	-1,272,649	877,142	1,666	-313,913	-53,773	-488,702	188,023	-557,348	594,478	108,877	-158,496	1,282,610	-262,704	357,653	-933,641	359	-922,549	719,797	-372,456	391,658	-750,140	682,140	1,094,014	101,670	286,173	429,647
Accounts receivable - other
44,033	46,101	-32,339	66,017	52,539	3,458	-78,125	143,507	-25,046	-96,273	-9,142	3,811	98,896	51,806	87,564	58,551	932	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable - other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,293	39,058	-50,967	-707	13,278	13,455	-46,988	-21,273	68,293	73,886	-38,491	617,598	-629,149	27,092	17,629	81,588	22,389	138,451	-1,035
Inventories
142,604	-292,696	-734,193	5,354	159,129	526,910	-337,320	-614,763	-728,682	-738,228	-162,040	615,003	440,449	-281,504	692,663	-473,455	-215,650	-1,783,159	307,527	1,944,436	1,551,340	1,049,955	-176,963	495,004	168,853	-92,230	-96,662	1,131,606	-307,581	-162,321	-8,400	237,615	-508,474	116,426	732,093	1,274,310	919,000
Notes receivable - current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,000	-	-	-	0	-	-	-	-
Prepaid expenses
39,722	-95,933	47,755	191,637	-191,772	-59,303	298,739	9,720	-100,360	-242,624	-195,053	-19,828	264,510	-231,603	-377,119	131,788	293,077	37,568	-412,201	328,181	277,687	-117,616	142,207	-50,876	41,403	-11,795	-30,682	354,598	-196,904	97,009	-75,492	-27,613	48,970	21,316	-53,387	-14,489	85,826
Operating lease right of use assets
28,010	-	-	-	113,325	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
12,752	128,247	14,504	91,197	41,803	12,697	74,065	18,924	36,020	-26,810	-36,732	-5,027	-78,303	-30,079	17,901	-7,305	-35,123	-15,970	-5,627	60,605	43,171	-9,196	-6,133	-4,220	8,846	-3,801	-19,569	37,705	-10,736	-22,778	-137,811	8,814	8,183	2,544	13,446	-14,919	-7,792
Increase (decrease) in:
Accounts payable
-34,915	264,772	217,593	233,913	839,108	-654,097	-1,523,341	-24,454	-143,663	460,933	-586,685	1,093,805	-230,363	677,812	345,040	9,890	48,677	-433,949	-727,905	599,819	-474,681	1,083,117	-202,311	-21,495	110,414	144,812	-39,073	389,615	-574,410	432,381	187,684	-103,329	156,435	-417,134	-95,244	-577,178	-1,220,441
Accrued expenses
112,769	-231,601	15,248	-598,738	-419,695	930,420	64,135	-605,069	472,640	78,444	114,745	-195,179	-300,310	294,736	212,778	49,022	49,866	-240,324	-220,339	259,828	27,209	-86,973	-159,665	57,317	-136,201	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes payable
-	101	1,900	0	244	-15	-52	0	-6,385	-2	2,148	1,403	-456	0	4,004	-2,645	-4,450	2,182	0	0	3	-315	-316	0	-30	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations
109,172	-	-	-	32,164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract liabilities
-137,486	17,945	130,415	-83,838	164,272	56,238	-27,027	-314,365	113,606	-	136,204	-218,581	-254,220	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-4,401	4,401	-1,878	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,544	128,633	-61,336	175,116	-282,149	68,445	-150,519	43,632	143,223
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,245	-150	-900	2,641	30	0	-17,000	9,771	-4,600	0	-9,750
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	294,958	76,356	252,066	120,849	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	195,148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	171,196	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-30,021	30,021	0	0	-764
Net cash used in operating activities
-2,044,452	-953,415	-1,440,405	2,919,967	-1,650,520	-4,934,365	-2,555,425	-943,882	-578,185	-590,905	-2,389,396	-482,279	-2,892,273	-1,176,290	-2,159,659	-1,606,318	-960,634	-654,813	-1,406,942	-1,951,856	-3,673,158	527,998	-2,347,472	-599,604	-753,734	-	-	-	-	524,651	11,537	-564,726	-412,434	-63,828	760,692	470,694	-222,039
Unearned income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-507,083	-106,773	-127,406	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities:
Purchases of furniture, fixtures and equipment
1,666	125,429	4,879	14,428	59,277	8,078	5,602	12,896	15,950	5,963	12,155	271,971	32,625	56,030	149,937	88,017	46,690	175,728	23,098	102,819	121,418	273,346	57,276	62,861	40,449	24,562	28,535	60,191	162,180	236,496	55,661	28,371	68,509	-108,577	100,527	39,660	89,368
Additions to intangible assets
28,997	10,949	24,298	1,395	25,489	31,969	17,666	24,196	30,859	14,720	76,042	23,498	39,225	10,774	28,452	34,739	26,072	48,451	111,331	22,668	13,440	56,397	-33,950	15,107	39,333	28,901	28,794	1,225	2,605	4,003	11,598	10,955	0	6,146	1,647	19,900	2,430
Release of cash in accordance with secured convertible note
-	-	-	-	-	-	0	0	-500,000	0	0	0	0	-	-	-	-	-	-	0	-1,500,000	0	1,500,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-30,663	-136,378	-29,177	-15,823	-84,766	-540,047	53,000	-37,092	453,191	-20,683	-88,197	-295,469	-71,850	-566,804	-178,389	-122,756	-72,762	-224,179	-134,429	-125,487	1,365,142	-329,743	-860,826	-77,968	-79,782	-	-	-	-	-240,499	-729,759	-39,326	-68,509	102,431	-102,174	-59,560	-91,798
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-57,329	-61,416	-164,785	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities:
Proceeds from unsecured promissory note payable, related party
289,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from unsecured promissory note payable
100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock purchase warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	579,227	1,554,662	5,887	1,778,487	1,840	0	-	-	-	-	-	-	-	-	-	-	-	-
Secured convertible debenture issuance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,114	341,514	0	224,438	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from subordinated notes payable
-	-	-	-	-	-	0	0	250,000	608,500	300,000	700,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of common stock in underwritten public offering
2,502,136	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from secured convertible notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000,000	0	0	0	0	-	-	-	-	-	-	-	-
Principal payment on subordinated notes payable
100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payment on secured convertible notes
747,180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock upon exercise of warrants
-	-	-	-	-516,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligations
-	-	-	-	-	0	0	0	8,492	8,374	8,255	8,139	8,024	7,911	7,798	9,253	9,866	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,074	23,560	23,061	22,569	22,089	21,619	21,159	17,099	16,236	41,095	4,723	2,338	0	-	-	-	-
Net cash provided by financing activities
2,043,956	176,543	2,410,852	-4,952,000	516,000	984,169	9,619,635	1,281,588	241,508	350,126	1,968,677	691,861	-8,024	3,810,519	11,257	-9,253	-9,866	-9,690	8,683,194	475,993	1,530,588	-30,787	5,413,912	-20,729	1,753,473	-	-	-	-	-41,095	-4,723	-2,338	0	927,500	0	-75,000	0
Net decrease in cash and cash equivalents
-31,159	-913,250	941,270	-2,047,856	-1,219,286	-4,490,243	7,117,210	300,614	116,514	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	718,413	-17,099	-16,236	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-261,462	-508,916	-85,887	-2,972,147	2,067,425	-2,326,791	-1,738,327	-1,043,262	-888,682	7,141,823	-1,601,350	-777,428	167,468	2,205,614	-698,301	919,957	91,520	154,001	-185,288	-308,427	243,057	-722,945	-606,390	-480,943	966,103	658,518	336,134	-313,837
Supplemental disclosures of cash flow information:
Cash payments for interest
119,835	-	-	-	-	0	1,195,278	100,201	72,082	72,121	85,152	80,435	551	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	895	755	1,241	14,723	50,761	111,285	73,798	52,169	82,791	55,938	53,741	54,201	53,826	53,896	58,031	51,215	50,631	50,000	51,927	20,000	19,484	20,625
Cash payments for income taxes
-	-101	-1,900	0	5,756	15	52	0	6,385	2	-2,147	8,597	456	0	3,496	2,645	4,450	-6,012	0	0	8,197	315	316	0	10,030	-	-	-	-	-	-	-	-	-	-	-	-
Cash payments for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	238	2,360	150	1,175	516	-30	0	17,000	4,416	0	0	0
Supplemental disclosures of non-cash investing and financing activities:
Restricted common stock grant
530	0	0	0	522	-1	301	100	84	0	322	0	200	90	0	130	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted common stock forfeitures
23	-	-	-	2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impact of Adoption of ASC 842 - obtaining right of use asset for lease liability
-	-	-	-	500,751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted common stock forfeitures
-	-	-	-	-	-	4	4	26	-45	0	0	9	-5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted common stock grant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	87	0	0	117	75	0	0	100	0	-	-	-	-	-	-	-	-
Issuance of common stock upon conversion of secured convertible notes
1,343,360	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	655	7,740,179	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts allocated to common stock purchase warrants in connection with issuance of unsecured promissory note payable
20,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts allocated to common stock purchase warrants in connection with proceeds from subordinated notes payable
-	-	-	-	-	0	0	0	47,657	830,422	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of stock purchase warrants with convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,038,032	0	355,873	-87	87	0	0	-	-	-	-	-	-	-	-
Conversion of secured convertible note into common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of demonstration equipment from inventory to equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-76,614	0	510,931