Channeladvisor corp (ECOM)
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'13
Cash flows from operating activities
Net income (loss)

2,007

5,420

1,729

-1,338

-2,329

607

-2,287

-2,764

-3,157

-461

-4,055

-3,985

-8,056

5,835

-2,552

-6,727

-4,563

-680

-4,791

-6,524

-8,956

-6,536

-9,004

-9,604

-9,370

-8,609

-4,293

-4,996

-2,730

Adjustments to reconcile net income (loss) to cash and cash equivalents provided by operating activities:
Depreciation and amortization

1,478

1,530

1,664

1,596

1,546

1,585

1,550

1,479

1,480

1,537

1,605

1,703

1,733

1,877

1,906

1,960

2,095

2,430

2,341

2,089

1,933

1,871

1,741

1,297

1,355

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

886

933

800

Bad debt expense

297

236

477

192

242

-45

504

343

189

456

158

118

-5

282

-149

106

289

-17

468

299

486

322

252

401

340

-

-

-

-

Bad debt expense (recovery)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14

Change in fair value of preferred stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

935

117

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-98

-146

-162

-141

Stock-based compensation expense

2,914

1,976

801

2,801

3,398

2,575

2,974

2,316

2,733

2,815

2,840

3,368

2,924

3,055

2,865

3,917

3,425

2,564

3,097

3,286

2,890

2,680

2,534

2,137

630

666

474

530

429

Deferred income taxes

220

18

161

163

189

120

183

85

105

-24

-1

89

66

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash rent expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

95

29

Other items, net

213

-75

149

-132

-60

184

277

171

219

216

219

213

221

106

239

260

270

-65

70

114

-34

-13

5

-121

9

-

-

-9

-7

Changes in assets and liabilities:
Accounts receivable

-291

646

-663

887

-1,231

1,817

1,099

1,037

-6,587

6,587

-483

3,818

-1,661

4,705

-2,825

494

-489

1,663

1,942

-655

2,883

2,010

-223

985

-1,365

3,414

1,614

185

-296

Prepaid expenses and other assets

-993

1,390

-673

-84

-1,525

285

-6,215

-3,178

-1,195

4,144

2,563

1,155

-2,348

3,846

400

275

-2,507

850

180

559

1,332

236

-72

1,095

-205

1,089

57

165

-285

Deferred contract costs

60

-

825

1,325

511

1,405

1,739

1,644

1,942

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued expenses

-981

-194

-955

1,935

-3,092

228

-5,766

-1,738

-3,660

5,293

-327

1,476

-1,200

4,948

-893

2,763

-3,121

1,684

1,167

-1,951

2,708

-1,041

1,489

-1,474

-1,683

3,445

1,289

1,001

-12

Deferred revenue

-1,204

-1,046

-1,255

-243

-839

-1,251

-188

-987

-1,339

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-28

1,969

1,101

-

-159

2,454

1,867

56

1,003

1,077

965

209

-23

1,562

699

244

1,391

607

2,229

Cash and cash equivalents provided by operating activities

5,742

5,494

2,984

3,110

1,420

128

70

-940

1,972

-792

-2,107

-448

351

2,205

3,204

3,444

2,718

3,345

1,093

-1,742

-4,155

-4,706

-2,721

-7,640

-6,468

-4,278

-1,643

-970

1,577

Cash flows from investing activities
Purchases of property and equipment

344

231

506

77

172

459

930

318

338

363

1,884

183

360

835

188

95

637

590

727

2,197

548

571

76

1,925

3,399

1,721

1,238

603

149

Payment of software development costs

672

749

679

782

511

315

289

166

124

69

65

102

57

13

44

51

100

61

37

-683

775

26

191

483

146

545

288

472

202

Cash and cash equivalents used in investing activities

-1,016

-980

-1,185

-859

-683

-774

-1,219

-484

-462

-432

-1,949

-2,462

-417

-848

-232

-146

-737

-651

-764

-1,514

-1,323

-8,631

-267

-2,408

-3,545

-2,266

-1,526

-1,075

-351

Cash flows from financing activities
Repayment of finance leases

7

-

455

1,456

446

-

255

1,507

330

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13,311

-252

-355

-312

Repayment of finance leases

-

-

-

-

-

-

-

-

-

254

147

1,852

587

17

616

1,408

55

-

1,239

11

342

-

315

434

300

-

-

-

-

Payment of deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

435

451

1,133

890

Proceeds from exercise of stock options

87

6

17

14

937

20

82

845

159

803

286

153

186

109

404

145

272

402

183

232

75

233

542

486

799

1,569

75

651

153

Payment of contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-102

-104

-132

0

0

0

0

-

-

-

-

-

-

-

-

Payment of statutory tax withholding related to net-share settlement of restricted stock units

-

-

-

-

-

829

561

1,555

14

146

87

817

1,677

309

181

844

1,060

151

26

562

0

-

-

-

-

-

-

-

-

Cash and cash equivalents provided by financing activities

80

-1,134

-2,370

-1,611

491

-958

-734

-2,217

-185

403

52

-2,516

-2,078

-217

-495

-2,211

-975

98

-1,082

-341

-267

-417

227

52

499

20,583

-628

85,258

-1,049

Effect of currency exchange rate changes on cash and cash equivalents

-242

-

-

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

4,564

-

-

-

1,231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of currency exchange rate changes on cash and cash equivalents

-

-

-

-

-

-101

-139

-196

2

65

303

-81

110

-451

-116

-388

191

-1,302

2,026

-1,580

267

-160

-77

152

70

80

35

-122

-84

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-2,022

-3,837

1,327

-

-3,701

-5,507

-2,034

-

2,361

699

1,197

-

1,273

-5,177

-5,478

-

-2,838

-9,844

-9,444

-

-3,762

83,091

93

Supplemental disclosure of cash flow information
Cash paid for interest

1

0

1

203

11

4

7

0

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

6

69

24

-

38

87

1

12

105

2

36

45

63

48

117

196

369

470

299

Cash paid for income taxes, net

144

-2

57

-8

15

32

23

42

16

45

7

130

14

5

20

41

49

-73

0

243

0

0

7

48

-2

3

22

3

64

Supplemental disclosure of noncash investing and financing activities
Accrued statutory tax withholding related to net-share settlement of restricted stock units

980

-

-1,883

812

2,277

-

-432

-882

1,949

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs included in accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35

-429

-13

550

Accrued capital expenditures

66

-20

-9

23

21

-293

284

14

63

26

-503

548

9

-206

247

10

182

563

0

0

0

-

-

-

258

-

-

-

0

Finance lease obligations entered into for the purchase of fixed assets

-

-

-

-

-

-

-

-

-

0

0

0

567

0

1,771

0

0

-

-

-

-

-

-

-

-

0

0

377

1,077