Dpw holdings, inc. (DPW)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities:
Net loss

-32,982

-10,895

-1,122

-

-

-

-

-

-

Net loss:

-

-

-

-1,096

-658

-632

-329

1,124

487

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation

2,447

193

161

-

139

110

111

73

-

Amortization

459

60

0

-

-

-

-

-

-

Depreciation and amortization

-

-

-

214

-

-

-

-

-

Interest expense - debt discount

11,191

4,688

34

0

-

-

-

-

-

Impairment loss on intangible assets

700

-

-

-

-

-

-

-

-

Accretion of original issue discount on notes receivable - related party

-2,004

-453

-2

0

-

-

-

-

-

Accretion of original issue discount on notes receivable

175

-

-

-

-

-

-

-

-

Interest expense on conversion of promissory notes to common stock

-

13

0

-

-

-

-

-

-

Deferred taxes

-

-225

-

-

-

-

-

-

-

Impairment of investment in Telkoor

-

-

-

110

175

376

218

-

-

Deferred taxes

-

-

0

-

-

-

-

-

-

Provision for bad debts

-

-32

32

0

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

57

Amortization of intangible asset

-

-

-

-

106

96

97

96

33

Stock-based compensation

4,719

1,831

543

226

246

104

132

103

-

Realized (gains) losses on sale of digital currencies

127

-

-

-

-

-

-

-

-

Realized (gains) losses on sale of marketable securities

-175

-

-

-

-

-

-

-

-

Unrealized gains on equity securities

77

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Write down of inventory

-

-

68

9

13

46

45

36

-

Stock compensation related to options granted to non-employees

-

-

-

-

-1

-

-

-

-

Stock compensation related to options granted to employees

-

-

-

-

-

-

-

-

82

Stock compensation related to options granted to non-employees

-

-

-

-

-

2

-10

32

3

Accounts receivable

-2,754

-285

311

-288

-581

-750

-472

-567

-889

Accounts receivable, related party

3,713

173

-77

0

-

-

-

-

-

Accrued revenue

-1,353

-

-

-

-

-

-

-

-

Digital currencies

1,633

-

-

-

-

-

-

-

-

Inventories

-13

-100

-209

-57

-49

-238

-326

611

-738

Prepaid expenses and other current assets

-1,210

763

119

14

15

28

42

-86

84

Other investments, related party

-

-335

0

-

-

-

-

-

-

Other assets

232

70

11

0

-

-

-

-

-

Accounts payable and accrued expenses

6,850

1,515

322

-

-

-

-

-

-

Accounts payable, related parties

-12

69

0

-

-

-

-

-

-

Accounts payable

-

-

-

-258

-221

365

-427

-378

351

Advances from customers and deferred revenues

-

-

-

0

253

144

-406

-286

144

Other current liabilities

959

74

-239

-65

-

-

-

-

-

Net cash (used in) provided by operating activities

-

-

-

-529

-

-

-

-

-

Net cash used in operating activities

-10,422

-4,116

-358

-

669

71

197

842

-386

Cash flows from investing activities:
Purchase of property and equipment

8,919

402

85

306

119

216

154

270

86

Sale of investment

-

-

-

0

-

-

-

-

-

Net cash used in investing activities

-

-

-

-306

-

-

-

-

-

Proceeds from sale of property and equipment

-

16

0

-

-

-

-

-

-

Loss on disposition of asset

22

-

-

-

-

-

-

-

-

Purchase of intangible asset

3

50

0

-

-

-

-

-

480

Purchase of Power Plus

-

377

-

-

-

-

-

-

-

Purchase of Enertec

4,936

-

-

-

-

-

-

-

-

Purchase of Power-Plus

-

-

0

-

-

-

-

-

-

Cash received on acquisitions

293

110

0

-

-

-

-

-

-

Sale of investment

-

-

90

-

-

-

-

-

-

Decrease in long term deposits

-

-

-

-

-

-

-

-

0

Investments - related party

1,244

3,200

1,034

0

-

-

-

-

-82

Related party investment in real property

1,969

-

-

-

-

-

-

-

-

Investment in real property

-

300

-

-

-

-

-

-

-

Investments in warrants and common stock - related party

2,672

-

-

-

-

-

-

-

-

Investments in marketable equity securities

858

1,485

-

-

-

-

-

1,007

-

Sales of marketable equity securities

2,188

63

0

-

-

-

-

-

-

Sales of digital currencies

64

-

-

-

-

-

-

-

-

Investment in real property

-

-

0

-

-

-

-

-

-

Investments - others

25

-

0

-

-

-

-

-

-

Loans to related parties

-

44

0

-

-

-

-

-

-

Proceeds from loans to related parties

12

35

0

-

-

-

-

-

-

Investments in debt and equity securities

2,571

3,039

0

-

-

-

-

-

-

Net cash used in investing activities

-20,618

-8,673

-1,029

-

-119

-216

-154

-1,277

-484

Cash flows from financing activities:
Gross proceeds from sales of common stock and warrants

23,884

2,035

541

0

-

-

-

-

-

Net cash provided by financing activities

-

-

-

0

-

-

-

-

-

Repurchase of common stock

57

-

-

-

90

-

-

-

-

Proceeds from issuance of Series A Convertible Preferred Stock

33

-

0

-

-

-

-

-

-

Proceeds from issuance of Series B and C Convertible Preferred Stock

-

1,540

-

-

-

-

-

-

-

Financing cost in connection with sales of equity securities

2,107

297

0

-

-

-

-

-

-

Proceeds from stock option exercises

97

557

0

-

-

-

-

-

-

Proceeds from warrant exercises

867

2,245

0

-

-

-

-

-

-

Proceeds from convertible notes payable

11,550

2,918

0

-

-

-

-

-

-

Payments on convertible notes payable

-

-

0

-

-

-

-

-

-

Proceeds from convertible notes payable, net - related party

-

-

488

-

-

-

-

-

-

Proceeds from notes payable - related party

-

350

250

0

-

-

-

-

-

Proceeds from notes payable

12,994

857

0

-

-

-

-

-

-

Proceeds from short-term advances - related party

136

-

0

-

-

-

-

-

-

Proceeds from short-term advances

762

2,439

0

0

-

-

-

-

-

Payments on short-term advances

646

-

-

-

-

-

-

-

-

Payments on notes payable - related party

-0

-

-

-

-

-

-

-

-

Payments on short-term advances - related party

-13

245

-

-

-

-

-

-

-

Payments on notes payable

12,133

190

0

-

-

-

-

-

-

Payments on convertible notes payable

2,362

157

-

-

-

-

-

-

-

Proceeds from advances on future receipts

3,350

2,889

0

-

-

-

-

-

-

Payments on advances on future receipts

5,505

1,526

0

-

-

-

-

-

-

Payments of preferred dividends

-

35

0

-

-

-

-

-

-

Financing cost in connection with sales of debt securities

-

122

0

-

-

-

-

-

-

Payments on revolving credit facilities, net

313

524

0

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-14

38

58

Net cash provided by financing activities

30,537

13,223

1,279

-

-90

-

-14

38

58

Effect of exchange rate changes on cash and cash equivalents

-72

49

-137

-34

-46

20

15

59

-40

Net decrease in cash and cash equivalents

-575

481

-245

-869

414

-125

44

-338

-852

Supplemental disclosures of cash flow information:
Cash paid during the period for interest

760

271

0

-

-

-

-

-

-

Non-cash investing and financing activities:
Cancellation of convertible note payable into shares of common stock

2,446

2,497

-

-

-

-

-

-

-

Cancellation of convertible note payable, related party into shares of common stock

-

530

0

-

-

-

-

-

-

Issuance of common stock for conversion of debt

-

-

0

-

-

-

-

-

-

Cancellation of short term advances into shares of common stock

2,554

-

-

-

-

-

-

-

-

Cancellation of short term advances, related party into shares of common stock

45

-

-

-

-

-

-

-

-

Cancellation of short term advances, related party into shares of Series B Preferred Stock

250

-

-

-

-

-

-

-

-

Payment of debt with digital currency

739

-

-

-

-

-

-

-

-

Purchase of assets with digital currency

250

-

-

-

-

-

-

-

-

Payment of accounts payable with digital currency

449

-

-

-

-

-

-

-

-

Issuance of common stock for prepaid services

50

-

-

-

-

-

-

-

-

Cancellation of notes payable - related party into shares of common stock

-

369

-

-

-

-

-

-

-

Cancellation of notes payable into shares of common stock

-

2,204

0

-

-

-

-

-

-

Cancellation of note payable - related party into series B convertible preferred stock

-

500

0

-

-

-

-

-

-

Issuance of common stock for domain name

-

31

-

-

-

-

-

-

-

Cancellation of convertible note payable - related party into shares of common stock

-

-

0

-

-

-

-

-

-

Issuance of common stock for domain name

-

-

0

-

-

-

-

-

-

Issuance of common stock for prepaid services

-

410

0

-

-

-

-

-

-

Cancellation of short term advances into shares of common stock

2,554

-

-

-

-

-

-

-

-

Cancellation of short term advances, related party into shares of common stock

45

-

-

-

-

-

-

-

-

In connection with the Company's acquisition of Microphase Corporation, equity instruments were issued and liabilities assumed during 2017 as follows:
Fair value of assets acquired

7,907

-

-

-

-

-

-

-

-

Equity instruments issued

-1,451

-

-

-

-

-

-

-

-

Non-controlling interest

-945

-

-

-

-

-

-

-

-

Liabilities assumed

5,511

-

-

-

-

-

-

-

-

Reclassification of property and equipment to inventory

-

-

-

-

16

-

-

-

-

Income taxes paid

-

-

-

-

-

-

2

41

-

Unrealized gain on available for sale marketable securities (Telkoor)

-

-

-

-

-

-

473

-473

-