Durect corp (DRRX)
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

-23,396

-20,578

-23,646

-24,371

-24,155

-25,322

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-34,771

-

-31,543

-29,198

-25,662

-22,663

-22,758

-23,363

-23,363

-22,110

-21,270

-20,202

-19,869

-21,452

-21,851

-20,630

-19,812

16,200

19,561

19,339

18,421

-18,765

0

0

0

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

271

291

316

186

228

254

266

434

433

437

440

434

427

416

392

371

382

425

481

551

590

601

639

356

455

558

657

1,047

1,017

964

1,129

1,086

1,097

1,176

0

0

0

Stock-based compensation

2,085

2,108

2,868

2,558

2,774

2,998

2,515

2,677

2,601

2,605

2,561

2,476

2,610

2,655

2,717

2,793

2,720

2,660

2,748

2,853

3,004

3,080

3,114

3,131

3,207

3,426

3,643

3,870

4,089

4,320

4,661

5,370

6,034

6,641

0

0

0

Amortization of debt issuance cost

392

369

192

277

215

149

244

82

69

62

61

67

86

104

123

131

115

100

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net amortization on investments

-113

-87

-46

-67

-84

-84

-100

-65

-17

41

105

174

204

216

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating lease liabilities

186

215

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

117

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

-514

556

10,587

677

402

-619

-574

80

-257

1,222

931

-470

354

-1,068

-1,020

-46

-521

100

-176

-375

135

-227

1,071

264

541

183

-708

-586

-1,348

-1,282

-963

-692

-901

-268

0

0

0

Inventories

153

217

200

697

449

549

637

306

549

140

236

243

141

552

435

532

505

579

351

602

1,525

1,369

1,903

1,984

1,031

681

507

171

28

353

517

169

530

670

0

0

0

Prepaid expenses and other assets

590

-786

-1,159

-531

241

15

77

-262

437

1,115

1,679

897

-169

-656

353

1,379

1,620

2,056

562

420

-662

-854

-613

-693

255

-370

372

136

238

372

-853

-87

-1,267

-1,099

0

0

0

Accounts payable

147

520

349

1,117

1,142

69

-906

-888

-347

-566

564

466

144

800

696

663

104

265

-294

-12

-271

285

570

-105

328

-1,049

-263

68

218

511

-458

-298

-264

293

0

0

0

Accrued and other liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

2,756

1,785

1,403

78

0

0

0

-

-

-

0

Contract research liabilities

1,627

2,248

714

494

769

571

647

-1,421

-67

51

173

1,562

333

208

-75

165

147

217

358

235

105

29

86

29

-221

-154

-286

-289

-242

-878

-1,888

-1,728

-2,312

-748

0

0

0

Deferred revenue

0

-

-

-

-

-493

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

0

0

168

-

23

-119

-986

-395

1,594

1,825

2,169

1,729

-255

-255

-255

-591

-255

-269

-284

-35,320

-37,434

-36,940

-38,889

-5,466

0

0

0

Total adjustments

27,293

31,679

24,671

5,580

5,437

5,572

-11,295

-16,382

4,964

2,352

19,467

25,867

4,746

7,216

5,607

3,869

3,790

1,830

4,965

6,145

6,171

7,550

5,794

5,454

5,084

6,004

6,646

6,611

7,403

-29,648

-33,652

-31,660

-32,105

1,379

0

0

0

Net cash used in operating activities

3,897

11,101

1,025

-18,791

-18,718

-19,750

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14,091

-12,321

-13,659

-17,386

0

0

0

Cash flows from investing activities
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-30,025

-

-25,936

-25,329

-21,872

-20,833

-17,793

-17,218

-17,192

-14,560

-15,476

-14,748

-14,785

-15,448

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment

226

155

101

133

135

93

61

93

87

69

195

142

141

147

64

194

228

225

229

166

211

204

172

106

45

69

246

282

298

290

249

1,622

2,229

2,467

0

0

0

Purchases of available-for-sale securities

36,377

31,866

20,001

2,802

7,881

9,588

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,999

35,125

36,177

34,040

26,364

38,433

28,407

31,472

42,535

24,213

21,081

20,403

14,330

17,741

23,516

25,155

24,874

30,066

30,305

30,320

0

0

0

Proceeds from maturities of available-for-sale securities

17,436

4,697

5,802

6,793

11,614

14,218

13,217

13,140

17,698

20,632

22,383

28,533

27,339

30,584

37,643

41,409

43,855

40,619

33,727

25,670

20,717

16,294

16,502

18,875

18,560

21,580

21,177

23,998

25,094

29,352

37,880

42,154

48,167

47,172

0

0

0

Proceeds from sales of short-term investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

178

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

7,930

-

3,580

6,090

7,450

6,532

7,312

-12,751

-7,723

-15,382

-26,205

-5,444

-2,566

1,108

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by investing activities

-19,167

-27,324

-14,300

3,858

3,598

4,537

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13,106

10,815

15,982

14,734

0

0

0

Cash flows from financing activities
Payments on equipment financing obligations

4

7

5

8

10

9

14

14

14

14

13

13

16

19

22

23

23

21

21

20

19

17

13

12

9

9

10

9

8

8

6

5

5

15

0

0

0

Net proceeds from issuances of common stock

19,060

18,360

13,973

13,730

2,630

16,780

20,345

25,408

25,440

11,989

13,273

10,211

23,179

23,745

22,236

20,373

15,374

14,290

12,311

16,906

4,768

4,618

15,456

10,788

10,765

10,675

0

0

0

-

-

-

-

-

-

-

-

Term loan amendment cost

-

-

-

-

-

1,014

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26

2,046

1,864

903

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuances of common stock through exercise of options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by financing activities

20,206

19,503

14,784

14,538

3,436

17,482

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

239

176

384

1,111

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

22,514

-

22,330

21,285

16,286

15,204

12,449

17,285

24,934

24,786

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in Cash, cash equivalents, and restricted cash

4,936

3,280

1,509

-395

-11,684

2,269

2,930

6,933

35,053

23,971

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

3,273

3,833

713

2,299

-746

-1,330

2,707

-1,541

0

0

0

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

-

994

994

994

994

1,860

1,860

1,860

1,860

1,600

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

-

7,329

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-