Electromed, Inc. ELMD Cash Flow

Electromed, inc. (ELMD)

CashFlow / Quarterly

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 income
653,274	1,185,056	1,014,556	1,078,613	352,926	380,518	157,161	953,975	376,491	419,756	80,951	946,495	647,945	443,860	191,172	337,223	466,625	1,067,692	340,962	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	487,428	291,873	112,070
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	377,529	290,456	-1,004,383	-239,262	-335,405	-416,011	-430,966	-411,191	-71,108	-178,585	95,098	24,554	245,539	-	-	-	-
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
150,802	168,044	150,938	277,115	197,525	165,091	164,856	180,629	166,078	165,649	164,070	162,896	161,738	156,294	155,781	157,171	151,072	152,929	154,849	154,081	150,698	153,184	155,341	157,690	150,577	136,151	122,923	115,122	112,777	116,939	114,979	108,382	106,458	103,238	90,552	89,194	84,416	83,326	78,684
Amortization of finite-life intangible assets
30,644	30,256	29,963	30,912	29,865	30,013	29,850	28,435	28,556	28,352	28,258	28,605	28,850	30,289	30,674	30,866	30,543	30,598	30,674	24,980	36,277	30,762	30,892	33,123	31,847	31,616	31,619	31,978	31,835	32,265	33,969	32,964	30,833	30,193	30,006	30,002	29,064	29,063	25,721
Amortization of debt issuance costs
-	-	-	0	0	979	979	978	979	2,197	2,197	2,196	1,655	4,872	4,344	4,344	4,345	4,663	4,664	4,664	4,663	4,941	4,942	4,941	4,942	5,822	2,314	2,315	2,314	3,014	3,363	3,363	3,395	2,769	3,297	3,685	185	14,185	13,408
Share-based compensation expense
232,300	234,304	209,954	194,601	228,725	243,511	257,234	258,618	217,808	195,863	190,385	105,569	139,279	125,426	109,208	69,298	44,301	70,015	39,149	31,754	40,085	23,422	15,089	8,407	8,407	25,954	39,460	43,623	45,797	45,065	41,317	38,561	34,936	31,055	31,053	26,773	43,136	43,360	42,900
Deferred income taxes Changes in operating assets and liabilities:
9,000	15,000	3,000	-292,000	24,000	156,000	-153,000	-338,000	29,000	-20,000	-30,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment Changes in operating assets and liabilities:
0	-319	-975	-	-	-	-	-	-	-	-	-	-	-	-	-1,789	-21,550	7,848	-24,965	-67,414	-93,384	-120,908	-18,824	-104,717	-5,932	-10,044	-18,134	-5,285	-21,123	-18,105	-3,915	-24,897	-13,144	-1	-9,864	-10,467	-10,105	-3,268	-2,385
Changes in operating assets and liabilities:
Accounts receivable
572,182	-523	-41,299	484,334	338,242	391,551	-265,393	1,167,008	458,763	29,289	-376,479	1,016,333	648,531	241,330	432,128	300,706	407,353	446,076	-61,514	130,362	-240,406	267,171	-125,578	17,340	-571,008	-948,420	-1,024,688	-184,001	-527,098	-690,346	-435,371	-240,703	386,857	304,239	807,361	360,561	1,383,768	801,058	470,716
Contract assets
-43,968	182,997	11,966	152,046	61,995	-54,025	59,493	-35,256	23,565	-7,753	397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-5,596	-99,071	118,519	-99,350	-36,935	-106,980	349,439	134,055	-193,320	-51,536	-118,187	-37,296	11,736	-46,702	100,596	127,206	-70,165	223,438	67,144	-329,756	167,372	-8,706	7,702	-315,319	284,081	834,512	52,628	-761,851	242,417	-406,248	-87,140	-19,521	14,303	233,832	307,845	190,992	129,761	100,159	-35,730
Prepaid expenses and other assets
25,884	-178,360	102,147	85,913	23,555	-132,345	-381,357	358,203	118,465	-184,814	180,740	-99,004	56,186	-19,546	12,500	-41,628	80,554	-164,773	106,930	-148,395	174,015	-112,911	80,750	-98,218	-173,042	-59,288	270,260	-516,782	359,826	84,665	187,706	198,848	76,082	61,441	77,186	43,776	154,335	-101,003	96,234
Income tax receivable
202,575	156,000	50,489	-	-	-	-	-	-	-	226,582	0	-2,896	-131,500	-58,289	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable
0	0	-288,511	288,511	0	-156,640	-240,750	397,390	-84,110	84,110	-156,524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
563,751	-177,379	-250,011	208,807	119,797	-179,854	-151,314	591,196	105,765	-115,667	-38,157	-14,017	483,735	412,925	-1,220,113	290,191	555,109	322,400	-171,273	64,326	245,756	-240,940	314,901	-486,618	-222,942	246,137	161,138	-82,935	80,058	272,254	-347,226	237,624	46,893	-302,337	-40,754	317,404	-26,042	160,314	194,943
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	503,361	855,556	311,430	950,025	507,111	369,434	954,644	1,047,198	-111,651	389,658	741,983	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
888,694	1,394,557	629,042	1,417,921	351,364	517,755	302,834	570,426	341,991	1,201,656	328,127	385,219	767,190	1,254,581	-1,215,869	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,088,380	114,014	-	-146,485	-710,039	-822,835	-139,598	-1,039,572	-174,825	-61,109
Cash Flows From Investing Activities
Expenditures for property and equipment
83,033	265,069	404,773	1,133,153	75,108	111,908	10,429	146,899	151,152	133,165	95,011	192,925	158,721	217,655	49,462	278,138	75,516	80,284	101,006	143,576	93,849	129,091	156,669	268,850	335,283	142,129	148,915	309,484	225,018	285,102	197,020	55,353	117,231	403,655	215,311	150,859	107,203	110,709	97,544
Expenditures for finite-life intangible assets
66,561	20,192	10,707	14,481	14,515	7,008	21,786	17,732	17,780	2,602	7,436	8,254	15,613	23,024	21,494	16,825	9,962	3,961	13,829	101,322	-51,073	41,753	9,320	-	-	-	-	1,106	7,550	1,019	27,073	37,055	2,496	900	21,750	10,594	0	452,284	196,332
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-85,478	-84,245	-114,835	-244,898	-42,776	-170,844	-165,989	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-149,594	-285,261	-415,480	-1,145,884	-89,623	-118,916	-32,215	-164,631	-168,932	-135,767	-102,447	-201,179	-174,334	-240,679	-70,956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-286,121	-224,093	-	-119,727	-404,555	-237,061	-146,641	-107,203	-562,993	-293,876
Cash Flows From Financing Activities
Net payments on revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-500,000
Principal payments on long-term debt including capital lease obligations
-	-	-	0	0	1,090,099	12,902	12,773	12,886	12,644	12,397	12,274	12,417	11,538	12,518	12,350	12,351	12,188	11,858	11,698	11,885	11,558	11,231	1,311,080	11,284	50,814	19,250	17,266	15,891	111,070	109,801	110,674	109,534	79,086	109,970	108,855	111,405	110,280	105,428
Proceeds from sales of common stock and warrant exercises
-	-	13,040	-	-	-	33,568	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock upon exercise of options
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of deferred financing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	2,058	0	4,659
Net cash provided by (used in) financing activities
-12,513	62,896	13,040	0	63,028	-934,846	20,666	-12,773	49,526	-12,644	-12,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-86,321	-86,111	-85,670	425,946	-62,463	-116,685	5,760,031
Net increase (decrease) in cash
-	1,172,192	226,602	-	-	-536,007	291,285	393,022	222,585	1,053,245	213,283	171,766	580,439	997,492	-1,299,343	189,243	405,532	745,603	184,737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from option/warrants exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,800	-	-	-	-
Proceeds from sales of 1.9 million shares of common stock, net of offering costs of $1,236,287
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-6,405	6,370,118
Proceeds from subscription notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	22,500	-	-	-	-
Net increase in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	777,424	730,274	-464,148	159,194	573,818	-1,386	-500,666	-476,939	-219,880	309,500	-352,533	-1,200,705	-1,145,566	139,707	-1,209,238	-854,503	5,405,046