DYNATRONICS CORP DYNT Cash Flow

Dynatronics corp (DYNT)

CashFlow / TTM

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	Dec'10	Sep'10
Cash flows from operating activities:
Net loss
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,902,261	-2,706,635	-2,463,961	-2,472,822	-2,250,337	-346,333	-300,072	-122,435	-271,142	-298,530	-197,899	-101,010	-44,371	144,672	88,230	-6,421	-23,535	-70,713	164,111	185,617	270,888	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization of property and equipment
-774,105	-810,302	-839,098	-887,013	-322,250	-439,287	-542,413	-673,566	-105,530	-164,630	-121,454	-242,542	100,470	-12,920	-228,093	-229,930	-194,383	-286,553	-316,226	-350,959	-434,857	-394,043	-416,428	-433,014	-432,872	-432,562	-432,621	-435,366	-429,272	-821,511	-612,682	-404,374	-200,862	396,034	386,026	370,726	0	0	0
Amortization of intangible assets
-724,389	-724,385	-724,175	-724,384	-552,333	-530,258	-528,757	-638,360	339,250	143,745	-16,052	-95,005	18,242	0	-30,680	-30,680	-37,071	-37,659	-41,138	-44,637	0	0	0	-	-	-	-	-	-	-	-	-	-12,677	63,922	73,565	83,206	0	0	0
Amortization of other assets
35,423	39,625	39,664	40,635	50,354	54,961	512	74,568	88,884	105,386	198,176	124,774	105,166	53,269	51,372	51,372	51,372	83,858	51,372	51,372	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of capital lease assets
-	-	-	-	-	-	-	-	251,934	251,934	251,934	251,934	251,934	251,935	251,934	251,934	314,917	251,933	251,933	230,939	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of property and equipment
-	-	-	-	-	-	-	20,438	-3,504	-1,699	-2,240	-15,754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-147,901	-157,184	-120,546	-142,559	-118,335	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation
348,717	388,940	386,784	300,649	228,317	237,425	226,630	254,758	459,874	434,009	427,479	419,925	294,612	277,256	253,110	203,889	97,271	62,083	63,929	66,372	174,316	140,429	106,244	70,871	101,743	99,039	93,532	86,639	-93,080	-156,475	-117,172	-76,099	-32,390	64,350	60,815	56,098	0	0	0
Change in deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,735,648	-848,691	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in deferred income tax assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	22,608	141,834	226,839	166,706	157,323	83,375	99,248	209,325	0	0	0
Change in allowance for doubtful accounts receivable
-13,962	102,000	268,317	280,800	299,272	191,855	23,398	20,033	78,928	61,768	39,980	6,717	-92,814	9,744	9,881	28,394	26,012	-73,512	-73,721	-92,089	-91,543	-96,000	-96,000	-96,000	-117,000	-138,000	-159,000	-180,000	-162,000	-252,000	-180,000	-108,000	-54,000	108,000	108,000	108,000	0	0	0
Change in allowance for inventory obsolescence
284,262	298,221	290,530	319,836	165,144	29,234	-36,433	-55,652	-142,479	6,033	35,592	13,021	0	0	0	-	-	-	-	-	-	-	-	-120,000	-206,460	-206,460	-206,460	-206,460	-120,000	-240,000	-180,000	-120,000	-60,000	90,000	90,000	90,000	0	0	0
Amortization deferred gain on sale/leaseback
-150,449	-150,449	-150,449	-150,448	-150,448	-150,448	-150,448	-150,448	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization deferred gain on sale/leaseback
-150,449	-150,449	-150,449	-150,448	-150,448	-150,448	-150,448	-150,448	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of earn-out liability
0	0	0	375,000	375,000	375,000	375,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in provision for inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,954	8,592	-23,190	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred gain on sale/leaseback
-	-	-	-	-	-	-	-	-	-	-	-	-150,448	-150,448	-150,448	-150,448	-150,448	-150,448	-150,448	-137,910	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
Trade accounts receivable and other receivables
209,763	43,957	1,551,385	646,380	668,254	783,546	-352,983	-292,090	-265,637	-109,910	-783,363	-81,321	297,942	-390,092	-269,948	-152,765	-458,228	-130,677	-78,086	-264,617	-32,367	-40,940	6,634	-3,081	609,410	611,468	275,269	224,895	-21,791	-366,132	-409,036	-100,512	-366,426	-74,387	9,540	-11,878	0	0	0
Inventories
180,310	-650,243	-315,337	-458,936	1,096,490	959,923	491,925	491,356	-493,928	239,980	283,871	-269,977	-460,889	-209,783	110,681	367,320	798,457	542,653	564,500	712,871	-1,060	467,733	113,742	129,705	-256,165	-682,145	-371,186	-515,416	-190,288	-870,502	-764,150	-570,782	-431,146	141,058	160,525	-28,985	0	0	0
Prepaid expenses
-57,555	-210,681	223,066	146,593	14,284	362,909	-180,333	-181,865	-270,025	-233,352	-160,778	-110,224	5,424	-99,626	63,842	16,894	546,561	308,935	67,573	-265,968	-351,091	-228,727	-119,464	216,324	-440,690	-315,204	-356,563	-281,855	-207,960	-383,333	-176,808	-148,607	-62,018	78,101	-2,059	-16,659	0	0	0
Other assets
-126,392	-20,845	-16,413	-24,603	-44,078	-46,631	95,612	-44,567	81,903	-99,106	-266,445	-107,486	-236,641	-11,938	-9,183	-8,191	71,206	34,010	62,177	-278,258	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax receivable
67,334	98,670	95,936	112,252	-66,977	-105,923	-109,327	-106,391	5,614	3,241	5,550	5,543	-270,898	6,761	440	2,895	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Change in Prepaid income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	907,570	20,248	20,248	16,092	16,092	23,615	23,615	85,904	62,556	27,771	0	0	0	-	-	-	-
Accounts payable and accrued expenses
-942,605	-2,326,227	-417,963	3,062	-652,072	1,106,241	-734,674	-950,754	-448,992	-444,087	-175,318	46,708	-1,246,779	-1,581,689	-1,215,924	-285,377	584,180	214,263	505,782	-79,022	-99,375	668,604	121,497	327,297	-216,328	-383,947	-237,167	-299,185	233,077	-431,849	-313,347	-265,073	230,011	995,009	449,840	447,997	0	0	0
Net cash provided by operating activities
1,322,674	2,114,186	2,196,967	325,676	2,209,182	212,689	424,329	761,802	-669,124	198,082	-1,062,917	-1,528,328	-617,845	-135,461	26,540	-534,977	-502,973	-394,082	-1,260,043	-1,065,508	-740,240	-756,565	229,804	506,522	620,171	633,035	592,147	643,106	375,758	2,982	166,896	35,812	373,024	1,128,852	1,262,662	1,608,369	0	0	0
Cash flows from investing activities:
Purchase of property and equipment
348,924	355,379	264,015	224,111	236,675	210,880	244,197	242,911	84,735	165,552	116,769	117,876	315,975	212,226	209,182	195,946	61,342	67,219	61,432	66,333	110,448	151,110	169,809	176,958	135,087	87,001	99,536	100,438	0	0	0	-	-	-	-730,327	-534,001	0	0	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	12,160	12,160	10,355	10,905	32,000	0	0	0	-	-	-	-	3,800,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-348,924	-355,379	-264,015	-224,111	-236,675	-209,075	-9,305,959	-9,293,768	-18,251,681	-18,334,303	-9,221,953	-9,201,965	-283,975	-180,226	-177,182	-195,946	-61,342	-67,219	-61,432	3,733,667	3,689,552	3,648,890	3,630,191	-176,958	-135,087	-86,656	-99,191	-100,093	64,831	-171,632	-246,497	-328,707	-735,904	-549,479	-550,799	-531,501	0	0	0
Cash flows from financing activities:
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,341	0	0	0	-	-	-	-
Principal payments on long-term debt
174,321	170,184	170,574	164,002	161,458	161,284	150,823	146,263	216,947	136,457	136,179	152,668	75,568	149,746	147,712	125,638	131,176	128,684	134,193	784,405	826,612	878,534	923,696	323,633	321,879	317,280	401,569	418,386	434,651	450,403	377,240	371,339	364,283	370,746	375,753	380,061	0	0	0
Principal payments on finance lease liability
292,477	284,234	266,602	252,738	232,219	213,680	205,843	194,955	191,134	188,487	185,877	183,302	180,764	178,260	175,792	173,358	170,956	168,589	169,630	161,793	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of acquisition holdbacks
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in line of credit
1,575,054	-329,250	47,194	254,602	-1,749,185	-1,594,623	-2,073,714	4,114,102	0	0	0	-	-	-	-	-1,909,919	-1,879,077	-789,375	-454,252	-1,611,290	-1,793,716	-2,153,901	-2,444,530	24,819	-201,492	-116,277	-56,733	-1,207	0	0	0	-	-	-	503,180	-184,555	0	0	0
Purchase and retirement of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	401,408	419,575	720,461	720,461	519,053	0	0	0
Net cash used in financing activities
141,588	-1,750,336	-1,894,495	-1,541,651	-3,055,707	-3,132,432	3,770,113	9,973,377	17,065,566	20,122,824	14,964,220	10,018,815	3,176,108	-152,714	-1,061,269	-2,228,861	1,301,287	2,395,848	2,724,421	925,008	-2,740,272	-3,111,110	-3,402,826	-298,814	-523,371	-533,190	-557,935	-519,226	-488,444	319,379	24,278	186,254	333,214	-516,735	-559,899	-1,075,720	0	0	0
Net change in cash and cash equivalents and restricted cash
-	-	38,457	-	-	-	-5,111,517	1,441,411	-1,855,239	1,986,603	4,679,350	-711,478	2,274,288	-468,401	-1,211,911	-2,959,784	736,972	1,934,547	1,402,946	3,593,167	209,040	-218,785	457,169	30,750	-38,287	13,189	-64,979	23,787	-47,855	150,729	-55,323	-106,641	-29,666	62,638	151,964	1,148	0	0	0
Supplemental disclosure of cash flow information:
Cash paid for interest
486,190	506,645	523,247	515,634	520,057	504,813	467,965	412,455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	269,072	307,644	356,525	378,179	365,519	324,314	273,336	201,421	229,181	232,571	239,679	245,143	253,940	259,794	265,739	266,254	266,864	263,491	265,519	271,857	282,350	298,941	0	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	356,151	0	0	0	-	-	-	-	-	-	-	-	2,100	-37,317	100	9,096	12,100	0	0	0
Supplemental disclosure of non-cash investing and financing activity:
Capital lease - building
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,800,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends paid or to be paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividend, in common stock, issued or to be issued
0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory reclassified to demonstration equipment
0	0	0	239,106	239,106	239,106	239,106	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance lease obligations incurred to obtain ROU assets
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations incurred to obtain ROU assets
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
8% Preferred stock dividend paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued severance paid in common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-