Durect corp (DRRX)
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

-9,948

-4,231

-1,990

-7,227

-7,130

-7,299

-2,715

-7,011

-8,297

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-8,114

-

-8,832

-9,014

-7,852

-5,845

-6,487

-5,478

-4,853

-5,940

-7,092

-5,478

-3,600

-5,100

-6,024

-5,145

-5,183

-5,499

-4,803

-4,327

30,829

-2,138

-5,025

-5,245

-6,357

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

62

67

71

71

82

92

-59

113

108

104

109

112

112

107

103

105

101

83

82

116

144

139

152

155

155

177

-131

254

258

276

259

224

205

441

216

235

284

Stock-based compensation

414

399

849

423

437

1,159

539

639

661

676

701

563

665

632

616

697

710

694

692

624

650

782

797

775

726

816

814

851

945

1,033

1,041

1,070

1,176

1,374

1,750

1,734

1,783

Amortization of debt issuance cost

112

98

92

90

89

-79

177

28

23

16

15

15

16

15

21

34

34

34

29

18

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization on investments

-42

-45

-18

-8

-16

-4

-39

-25

-16

-20

-4

23

42

44

65

53

54

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating lease liabilities

21

110

26

29

50

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Realized gain from sale of marketable equity security, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

117

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-606

-9,880

10,051

-79

464

151

141

-354

-557

196

795

-691

922

-95

-606

133

-500

-47

368

-342

121

-323

169

168

-241

975

-638

445

-599

84

-516

-317

-533

403

-245

-526

100

Inventories

-75

19

-48

257

-11

2

449

9

89

90

118

252

-320

186

125

150

91

69

222

123

165

-159

473

1,046

9

375

554

93

-341

201

218

-50

-16

365

-130

311

124

Prepaid expenses and other assets

1,343

489

-365

-877

-33

116

263

-105

-259

178

-76

594

419

742

-858

-472

-68

1,751

168

-231

368

257

26

-1,313

176

498

-54

-365

-449

1,240

-290

-263

-315

15

476

-1,443

-147

Accounts payable

-29

608

-511

79

344

437

257

104

-729

-538

275

645

-948

592

177

323

-292

488

144

-236

-131

-71

426

-495

425

214

-249

-62

-952

1,000

82

88

-659

31

242

122

-102

Accrued and other liabilities

-2,800

-

184

104

792

-

853

-274

1,396

-

743

934

220

-

326

-570

827

-

1,027

705

-729

-

464

809

-285

-

1,003

353

626

774

32

-29

-699

-

-

-

-2,529

Contract research liabilities

-537

1,564

885

-285

84

30

665

-10

-114

106

-1,403

1,344

4

228

-14

115

-121

-55

226

97

-51

86

103

-33

-127

143

46

-283

-60

11

43

-236

-696

-999

203

-820

868

Deferred revenue

465

-

-

-

-

-14

0

0

-479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-4,682

18,986

-9

-

-153

460

-215

-69

-295

-407

376

1,920

-64

-63

-64

-64

-64

-63

-400

272

-78

-78

-35,436

-1,842

416

-2,027

-2,013

Total adjustments

-2,912

8,208

20,779

1,218

1,474

1,200

1,688

1,075

1,609

-15,667

-3,399

22,421

-1,003

1,448

3,001

1,300

1,467

-161

1,263

1,221

-493

2,974

2,443

1,247

886

1,218

2,103

877

1,806

1,860

2,068

1,669

-35,245

-2,144

4,060

1,224

-1,761

Net cash used in operating activities

-12,860

3,977

18,789

-6,009

-5,656

-6,099

-1,027

-5,936

-6,688

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,735

-2,658

-4,416

-4,282

-965

-3,996

-8,143

Cash flows from investing activities
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-9,117

-

-5,831

-7,714

-6,385

-6,006

-5,224

-4,257

-5,346

-2,966

-4,649

-4,231

-2,714

-3,882

-3,921

-4,268

-3,377

-

-

-

-

-

-

-

-

Purchases of property and equipment

137

74

0

15

66

20

32

17

24

-12

64

11

6

114

11

10

12

31

141

44

9

35

78

89

2

3

12

28

26

180

48

44

18

139

1,421

651

256

Purchases of available-for-sale securities

4,545

14,560

17,257

15

34

2,695

58

5,094

1,741

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,842

13,514

5,132

9,511

6,968

14,566

2,995

1,835

19,037

4,540

6,060

12,898

715

1,408

5,382

6,825

4,126

7,183

7,021

6,544

9,318

7,422

7,036

Proceeds from maturities of available-for-sale securities

14,435

1,995

1,009

-3

1,696

3,100

2,000

4,818

4,300

2,099

1,923

9,376

7,234

3,850

8,073

8,182

10,479

10,909

11,839

10,628

7,243

4,017

3,782

5,675

2,820

4,225

6,155

5,360

5,840

3,822

8,976

6,456

10,098

12,350

13,250

12,469

9,103

Proceeds from sales of short-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

7,228

-

2,220

-5,342

5,335

1,367

4,730

-3,982

4,417

2,147

-15,333

1,046

-3,242

-8,676

5,428

3,924

432

-

-

-

-

-

-

-

-

Net cash provided by investing activities

9,753

-12,639

-16,248

-33

1,596

385

1,910

-293

2,535

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,802

-771

3,059

6,016

2,511

4,396

1,811

Cash flows from financing activities
Payments on equipment financing obligations

1

1

1

1

4

-1

4

3

3

4

4

3

3

3

4

6

6

6

5

6

4

6

4

5

2

2

3

2

2

3

2

1

2

1

1

1

12

Net proceeds from issuances of common stock

761

2,711

243

15,345

61

-1,676

0

4,245

14,211

1,889

5,063

4,277

760

3,173

2,001

17,245

1,326

1,664

138

12,246

242

-315

4,733

108

92

10,523

65

85

2

-

-

-

-

-

-

-

-

Term loan amendment cost

-

-

-

-

-

909

0

0

105

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,673

4,183

270

-1,806

-601

4,001

-691

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuances of common stock through exercise of options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

737

Net cash provided by financing activities

760

3,860

242

15,344

57

-859

-4

4,242

14,103

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

48

-2

131

-1

256

725

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

757

-

938

17,239

1,320

2,833

-107

12,240

238

78

4,729

19,889

90

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in Cash, cash equivalents, and restricted cash

-2,347

-4,802

2,783

9,302

-4,003

-6,573

879

-1,987

9,950

-5,912

4,882

26,133

-1,132

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,704

-5,866

-

1,569

-261

-2,945

4,910

2,129

-3,381

-1,359

1,865

1,545

656

-5,607

Supplementary disclosure of non-cash financing information
Fully vested options issued to settle accrued liabilities

-

0

0

0

994

0

0

0

1,860

0

0

0

1,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets obtained in exchange for operating lease obligations

-

0

0

0

7,329

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-