Energy focus, inc/de (EFOI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net loss

-7,373

-9,100

-11,300

-16,887

8,780

-5,845

-2,361

-5,709

-6,055

-8,517

-11,015

Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent

-

-

-

-12

-691

-1,599

3,546

-

-

-

-1,201

Net loss

-

-

-

-16,875

9,471

-4,246

-5,907

-

-

-

-9,814

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Loss on impairment

0

0

200

857

0

0

608

672

-

156

-

Depreciation

326

522

681

805

266

184

615

637

589

790

987

Stock-based compensation

616

908

807

1,360

813

532

201

200

426

878

624

Stock-based compensation reversal

0

0

270

0

0

-

-

-

-

-

-

Settlement of acquisition obligations

-

-

-

-

-

-

892

-

-56

-

-

Valuation of equity instruments

-

-

-

-

-

-

-

-

-

-1,812

-

Provision for doubtful accounts receivable

-5

-9

-194

156

39

2

-32

147

115

44

45

Provision for slow-moving and obsolete inventories

-

-

-

-

-

194

146

-

-

-

-

Increase (Decrease) In Inventory Reserves

-14

-17

1,400

-3,281

-1,739

-

-

-

-

-

-

Provision for warranties

78

51

196

170

255

-

-

-

-

-

-

Provision for warranties

-

-

-

-

-

49

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

0

419

649

1,073

-

Amortization of discounts on the Iliad Note

6

-

0

-

-

2,815

443

236

574

349

-

Amortization of loan discounts and origination fees

-102

-4

0

0

-40

-140

-159

-113

-

-

-

Change in estimate of contingent liabilities

-

-

-

-

-

-

12

-102

-411

-

-

Gain on dispositions of property and equipment

-24

-2

-203

-38

-3

-2

-6

3

11

22

-44

Changes in operating assets and liabilities:
Accounts receivable

131

-1,403

-2,240

-4,313

7,493

1,466

-

-

-

-

906

Inventories

-1,876

2,356

-5,151

5,018

2,602

4,956

-

-

-

-

-

Prepaid and other assets

-611

538

-161

123

-146

-1,641

-

-

-

-

-

Accounts receivable, inventories, and other assets

-

-

-

-

-

-

73

3,158

-3,411

1,694

-

Accounts payable

-2,214

2,047

-1,759

-4,035

135

5,328

-849

-107

-1,976

5,409

-1,225

Accrued and other liabilities

-542

240

-613

-1,389

1,674

-444

-

-

-

-

-

Deferred revenue

-12

25

5

-93

-40

62

-680

-311

16

1,215

104

Total adjustments

749

2,316

5,393

322

-5,025

4,083

-336

-1,257

3,438

10,010

-327

Net cash used in operating activities

-

-

-

-16,553

4,446

-163

-6,243

-

-

-

-10,141

Net cash provided by (used in) operating activities

-6,624

-6,795

-5,874

-

-

-

-

-6,966

-2,617

1,493

-10,562

Cash flows from investing activities:
Cash paid for acquisition of subsidiary

-

-

-

-

-

-

-

-

-

-

1,500

Proceeds from the sale of property and equipment

-

-

-

-

-

-

-

-

19

50

-

Acquisitions of property and equipment

132

57

162

1,624

2,242

194

174

332

256

332

182

Proceeds from the sale of property and equipment

3

246

97

27

0

130

0

3

-

-

-

Net cash (used in) provided by investing activities

-

-

-

-1,597

-2,242

-64

-174

-

-

-

-1,682

Net cash used in investing activities

-129

189

-65

-

-

-

-

-329

-237

-282

-917

Proceeds from warrants exercised

-

-

-

-

2,503

0

0

-

-

-

-

Proceeds from issuances of common stock, net

-

-

-

-

23,574

5,952

0

4,801

408

669

3,508

Proceeds from exercise of stock options and purchases through employee stock purchase plan

0

28

130

455

346

58

48

25

53

8

-

Principal payments under finance lease obligations

3

-

-

-

-

-

-

-

-

-

-

Common stock withheld in lieu of income tax withholding on vesting of restricted stock units

110

62

49

0

0

-

-

-

-

-

-

Payments on other borrowings

-

-

-

-

13

223

304

886

892

-

-

Proceeds from other borrowings

-

-

-

-

-

-

-

-

-

-

620

Net proceeds from (payment on) credit line borrowings

-1,400

2,219

0

0

-453

453

-1,590

889

701

-

-1,776

Loan origination fees

208

0

0

-

-

-

-

-

-

-

-

Common stock withheld to satisfy exercise price and income tax withholding on option exercises

-

-

-

309

0

-

-

-

-

-

-

Common stock withheld to satisfy exercise price and income tax withholding on option exercises

-

-

-

-

-

0

-

-

-

-

-

Proceeds from the Iliad Note

1,115

0

0

-

-

-

6,124

1,500

605

1,150

-

Proceeds from convertible notes

1,700

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

1,094

2,185

81

146

25,957

6,240

4,278

6,329

875

1,827

1,924

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

2,352

Effect of exchange rate changes on cash

16

-5

-10

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and restricted cash

-5,643

-4,426

-5,868

-

-

-

-

-

-

-

-

Classification of cash and restricted cash:
Net decrease in cash and cash equivalents

-5,643

-4,426

-5,868

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

16

-5

-10

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

5

0

0

-

-

-

-

-

Net cash used in continuing operations

-

-

-

-17,999

28,161

6,013

-2,139

-

-

-

-

Operating cash flows, net

-

-

-

-12

-691

-604

3,279

-

-

-

-421

Investing cash flows, net

-

-

-

-

181

0

-38

-

-

-

765

Financing cash flows, net

-

-

-

-

-446

136

0

-

-

-

-428

Net cash used in discontinued operations

-

-

-

-12

-956

-468

3,241

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

11

8

7

49

Net decrease in cash and cash equivalents

-

-

-

-18,011

27,205

5,545

1,102

-955

-1,971

3,045

-9,506

Supplemental information:
Cash paid in year for interest

215

4

2

5

-

-

-

-

-

-

-

Cash paid in year for interest

-

-

-

-

84

305

482

186

328

171

98

Cash paid in year for income taxes

15

7

14

51

200

0

0

-

-

-

-

Fully depreciated assets disposed of

-

-

-

-

-

-

2,623

2

1,050

1,548

1,149

Non-cash charge to write-off of remaining unamortized discount on convertible debt

-

-

-

-

-

2,287

204

-

-

-

-

Conversion of subordinated convertible debt

-

-

-

-

-

6,145

1,500

-

-

-

-

Fair value of assets acquired

-

-

-

-

-

-

-

-

-

-

4,700

Cash paid for the members' interest

-

-

-

-

-

-

-

-

-

-

1,500

Liabilities incurred and common stock issued

-

-

-

-

-

-

-

-

-

-

-3,200