Emagin corp (EMAN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash and Cash Equivalents, Period Increase (Decrease) [Abstract]
Cash flows from operating activities:
Net loss

-4,298

-9,542

-7,783

-8,049

-4,105

-5,257

-14,067

2,252

4,966

-1,140

-2,271

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

2,046

1,989

2,070

1,641

1,530

1,181

905

368

170

86

82

Change in fair value of common stock warrant liability

-1,474

-2,194

-1,089

-

-

-

-

-

-

-

-

Impairment of Consumer Night Vision Business inventory

-

1,270

-

-

-

-

-

-

-

-

-

Impairment of Consumer Night Vision Business tooling

-

76

-

-

-

-

-

-

-

-

-

Amortization of deferred financing and waiver fees

-

-

-

-

-

-

-

-

-

-

362

Reduction in provision for doubtful accounts

-

-

-

-

-543

582

-86

-36

-106

-270

-273

Amortization of bond premium

-

-

-

-

-

-

20

36

-

-

-

Increase in inventory reserve

-

-

-

185

1,253

202

24

65

-49

-

-

Deferred tax benefit

-

-

-

-

-

-

-

-

-

-9,056

-

Stock-based compensation

551

610

628

771

606

1,025

2,082

2,482

2,907

1,821

1,110

Amortization of operating lease right-of-use assets

538

-

-

-

-

-

-

-

-

-

-

Loss on sale of asset

-

-

-

-1

-12

-8

9

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-8,881

716

-891

-

-

Changes in operating assets and liabilities:
Loss on disposal of asset

-

-

-

-

-

-

-

-

-2

-

-

Amortization of common stock issued for services

-

-

-

-

-

-

-

-

-

65

233

Gain on settlement

-

-

-

-

-

-

-

-

-

-

38

Change in the fair value of warrant liability

-

-

-

-

-

-

-

-

-2,548

15,987

6,533

Accounts receivable

780

-1,342

1,694

-674

87

141

-922

-458

320

377

647

Unbilled accounts receivable

-69

-183

-995

-

-

-

-

-

-

-

-

Unbilled accounts receivable

-

-

-

-44

279

166

-

-

-

-

-

Inventories

250

2,632

1,205

3,719

567

1,355

235

528

806

-274

-195

Prepaid expenses and other current assets

255

-453

288

551

-155

-8

-

-355

231

110

-5

Deferred revenues

239

-727

320

-

-

-

-

-

-

-

-

Operating lease liabilities

-530

-

-

-

-

-

-

-

-

-

-

Advance payments

-

-

-

-

-

-81

83

-105

76

-

-

Advance payments

-

-

-

-

-

-

-

-

-

-110

-483

Deferred revenues

-

-

-

-51

-

265

6

-78

112

-212

74

Accounts payable, accrued expenses, and other current liabilities

-966

2,793

-100

438

764

-957

676

296

-1,648

1,998

285

Net cash used in operating activities

-

-

-

-8,616

-1,261

-4,686

-

-

-

-

-

Other current liabilities

-

-

-

-

-

-

-

-22

129

-

-

Other current liabilities

-

-

-

-

-

-

-

-

-

-662

93

Net cash used in operating activities

-5,110

-6,379

-8,146

-

-

-

-798

4,827

3,545

8,294

5,260

Cash flows from investing activities:
Intangible assets - patents

-

-

-

-

-

150

-

-

-

-

-

Non-cash equipment purchases

-

-

-

-

-

6

-

-

-

-

-

Purchase of equipment

1,110

2,296

1,355

1,437

1,189

1,479

1,927

2,483

2,861

2,348

718

Proceeds from sale of asset

-

-

-

-

-

8

15

-

-

-

-

Purchase of intangibles

-

-

-

-

-

140

-

-

-

-

-

Maturities of investments

-

-

-

-

750

8,250

14,000

7,995

4,850

-

-

Purchase of investments

-

-

-

-

-

2,000

12,000

10,307

6,995

4,500

3

Net cash used in investing activities

-

-

-

-1,437

-439

4,639

-

-

-

-

-

Net cash used in investing activities

-1,110

-2,296

-1,355

-

-

-

88

-4,795

-5,006

-6,848

-721

Cash flows from financing activities:
Borrowings (repayments) under revolving line of credit, net

2,891

-3,808

1,885

-

-

-

-

-

-

-

-

Borrowings under revolving line of credit, net

-

-

-

1,689

-

-

-

-

-

-

-

Proceeds from public offering, net

3,476

12,172

5,919

-

5,566

-

-

-

-

-

-

Proceeds from exercise of stock options and warrants

-

-

-

-

-

1,305

394

-

1,331

-

-

Payments made in financing of intangibles

-

-

-

-

150

-

-

-

-

-

-

Payments of debt issuance costs

-

-

158

-

-

-

-

-

-

-

-

Proceeds from warrant exercise, net

-

46

-

4,287

-

-

-

-

-

-

-

Proceeds from exercise of stock options

9

98

140

45

267

-

-

255

-

-

-

Net cash provided by financing activities

-

-

-

6,021

5,683

1,305

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

37

368

95

-

-

Cash dividends paid

-

-

-

-

-

-

-

3,105

-

-

-

Proceeds from exercise of stock options and warrants

-

-

-

-

-

-

-

-

-

1,055

5

Payments of debt and capitalized lease obligations

-

-

-

-

-

-

-

-

-

-

1,653

Net cash provided by financing activities

6,376

8,508

7,786

-

-

-

357

-3,218

1,236

1,055

-1,648

Net (decrease) increase in cash and cash equivalents

156

-167

-1,715

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-4,032

3,983

1,258

-353

-3,186

-225

2,501

2,891

Cash paid for interest

177

106

146

29

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

13

-

1

1

75

91

107

Cash paid for income taxes

-

-

-

1

-

-

101

-

115

164

138

Issuance of common stock for services charged to prepaid expenses

-

-

-

-

-

-

-

-

-

-

304

Issuance of 476,673 shares of common stock for cashless exercise of 581,895 warrants in 2011.

-

-

-

-

-

-

-

-

0

0

0

Conversion of 20 shares of Series B Convertible Preferred Stock for 26,666 shares of common stock in 2011.

-

-

-

-

-

-

-

-

0

0

0

Issuance of 49,685 shares of common stock for cashless exercise of 60,000 stock options in 2011.

-

-

-

-

-

-

-

-

0

0

0