Global Eagle Entertainment Inc. ENT Cash Flow

Global eagle entertainment inc. (ENT)

CashFlow / TTM

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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net Income (Loss) Attributable to Parent
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-57,194	-98,979	-88,844	-113,869	-114,741	-59,188	-61,644	-62,732	-42,803	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization of property and equipment and intangibles
-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	33,192	-	36,498	36,860	35,543	30,850	20,734	12,415	5,692	1,229	0	0	0
Amortization of content library
6,648	7,638	9,339	11,252	11,678	13,908	13,958	13,591	15,813	19,874	19,787	18,159	14,932	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest expense, net
29,381	28,304	27,472	26,537	21,546	16,957	12,147	7,114	6,449	4,951	4,088	2,872	1,916	1,702	1,046	1,062	903	482	317	120	23	0	0	0	-	-	-	-	9,629	0	0	0
Stock-based compensation
6,343	8,392	10,565	10,462	12,817	13,370	10,610	9,377	7,585	6,686	9,328	10,530	10,747	10,048	8,395	7,754	8,235	7,830	7,580	8,001	8,067	9,119	7,749	6,656	4,536	2,795	2,342	1,678	1,641	0	0	0
Tax effect of Second Lien Notes' beneficial conversion feature
2,688	2,688	2,688	2,688	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-14,389	-14,389	-14,389	-14,389	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill, Impairment Loss
-	-	-	-	-	-	-	-	167,000	142,000	142,000	142,000	64,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from equity method investments
-	-	-	-	-	-	-	-	6,798	4,900	4,900	2,445	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
9,980	-42,145	-43,253	-45,342	-46,310	-12,724	-12,975	-12,802	-12,424	5,675	5,969	5,368	3,829	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-463	-508	-901	-1,217	-528	-373	90	534	-443	502	475	-453	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest income on subscriptions receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss (gain) disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
FX effect on intercompany borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Change in fair value of derivatives
1,066	1,316	1,126	471	97	551	944	1,154	3,510	10,205	11,198	22,570	25,515	16,054	12,987	16,849	11,938	6,356	2,980	9,537	-6,955	-56,299	-48,813	-75,043	-63,961	-10,931	-12,916	-8,032	-3,576	0	0	0
Gain on sale of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Provision for bad debt
4,616	3,041	2,859	1,946	1,227	-924	-386	1,867	2,788	6,203	5,534	2,856	2,624	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Warrants for common stock issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred Income Tax Expense (Benefit)
-3,933	-175	-623	-683	-7,905	-24,037	-23,541	-23,792	-16,913	-3,615	-59,808	-59,403	-60,369	-59,883	-965	-4,021	-6,452	-1,865	-10,124	-7,253	-5,068	-14,604	-5,642	-5,266	-4,904	1,576	-1,532	-1,201	0	0	0	0
Other
-1,379	-55	261	-373	1,299	1,721	2,128	2,535	2,944	3,686	2,954	2,222	1,488	459	169	74	-96	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-4,788	2,495	-8,755	10,661	-8,974	-9,449	-14,358	-20,808	-4,159	4,229	18,358	19,103	8,032	436	-1,992	-5,344	5,879	13,759	20,435	34,652	26,386	20,030	8,794	-1,557	2,803	1,577	4,020	2,023	3,883	0	0	0
Inventories
-6,069	-4,405	5,704	5,958	11,620	11,938	8,569	4,784	5,637	2,872	-735	76	-2,123	127	468	6,685	1,580	1,538	-782	-2,293	3,557	58	5,726	6,594	3,054	10,618	6,218	2,598	1,215	0	0	0
Prepaid expenses
-2,351	-4,210	-8,636	4,376	-4,687	-3,319	560	-4,588	-4,172	0	0	0	-	-	-	-688	1,272	-2,572	-5,171	-2,696	449	8,562	13,965	10,277	7,648	2,217	1,012	3,707	1,793	0	0	0
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	356	0	0	0
Content library
3,824	4,818	5,706	6,896	8,876	11,667	11,389	11,761	15,539	21,370	22,583	21,401	18,614	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current assets
9,805	13,467	16,251	12,951	4,386	2,451	1,520	-4,675	1,064	-7,518	-7,775	-3,295	-2,695	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
7,649	23,325	434	-17,806	-26,012	-13,262	17,189	19,662	7,880	932	-47,346	450	14,854	4,198	40,730	8,028	4,183	-15	12,188	15,213	19,641	18,547	8,082	-4,510	-22,508	-25,065	-26,200	-21,367	-7,422	0	0	0
Deferred revenue
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-9,192	-11,871	-12,891	-9,080	-6,808	-3,380	-3,134	1,579	3,040	2,510	3,151	6,329	5,396	5,779	5,384	2,899	1,447	1,060	-886	0	0	0
Other liabilities
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	0
Other liabilities
-	-	-	-	-	-	-	-	-3,536	675	-3,151	-1,170	-790	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Operating Activities
-8,900	-12,645	-29,311	-80,388	-74,110	-65,590	-50,498	-36,116	-67,537	-74,739	-99,832	-76,275	-39,300	-26,128	17,977	27,210	21,855	669	-5,938	-24,276	-23,395	-17,640	-16,444	-18,695	-54,143	-59,210	-70,720	-68,126	-39,280	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment
20,291	27,716	32,421	37,290	43,451	45,850	56,578	70,056	74,994	87,356	79,482	71,019	54,173	35,427	33,253	21,338	20,653	17,553	10,015	9,693	9,074	7,683	8,268	13,253	11,477	10,268	7,933	2,612	2,432	0	0	0
Issuance of loan to related party
-	-	-	-	-	-	-	-	-	-	-	-	4,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of loan to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from Row 44 Merger
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	159,305	159,227	159,227	159,227	0	0	0	0
Cash received from AIA Stock Purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,135	22,136	22,136	22,136	0	0	0	0
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from sale of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH USED IN INVESTING ACTIVITIES
-20,291	-27,716	-32,421	-37,290	-43,451	-45,850	-56,578	-68,806	-73,744	-70,517	-154,290	-148,948	-134,562	-129,661	-97,826	-84,040	-80,895	-80,271	-11,247	-10,342	-9,723	-41,895	-52,168	-53,299	129,840	165,344	177,867	178,751	-2,432	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of Second Lien Notes and equity warrants
-	-	-	-	-	-	-	-	0	-1,339	485,000	485,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	10,000	0	0	0
Issuance costs
3,772	3,772	0	0	6,968	8,599	10,002	15,582	20,927	19,296	17,893	12,313	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	-	416,206	416,206	3,806	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of revolving credit facility
83,850	80,650	48,835	101,585	80,585	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-term Debt
-	-	0	-150,000	-	-	0	0	-	-	-	-	-	-	-	-	0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	0
Proceeds from borrowings on revolving credit facility
73,150	72,650	91,250	74,500	56,600	31,485	28,000	28,000	78,000	105,615	77,500	77,500	27,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,379	15,378	9,512	0	0	0	0
Repayments of indebtedness
-	0	0	80,495	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	1,056	-	2,945	2,912	6,852	9,669	9,384	9,227	8,736	5,637	3,616	3,606	10	13	0	0	0
Proceeds from the exercise of common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from the exercise of common stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Payment of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	0	0	-	-	0	0	-	-	-	-
Other financing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-339	-475	-570	-228	-362	-18	59	88	0	0	0	0	-	-	-	-
Proceeds from borrowings from related party
7,350	7,350	7,350	7,350	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
NET CASH PROVIDED BY FINANCING ACTIVITIES
13,519	18,114	30,584	-33,129	105,563	84,719	81,952	153,328	123,826	142,974	119,602	124,056	13,898	-6,361	-5,966	-1,310	84,558	87,601	84,032	61,133	-28,031	171,359	173,851	187,296	181,011	-21,194	-19,878	15,370	34,990	0	0	0
Effects of exchange rate changes on cash and cash equivalents
-	-	-	0	-	-	-	0	-	0	0	1,038	-	251	72	32	386	418	321	222	1	0	0	0	-	-	-	-	0	0	0	0
Net decrease in cash and cash equivalents
-15,493	-21,896	-30,768	-150,487	-11,913	-26,526	-24,946	48,831	-16,810	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-161,899	-85,743	-58,108	25,904	8,417	67,168	26,737	-61,148	111,720	105,144	115,302	256,708	84,940	87,269	125,995	-6,722	0	0	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Issuance of common stock in exchange for warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Cash paid for taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash paid for Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchases of property, plant and equipment held in accounts payable
239	586	-703	6,538	4,057	-1,424	-7,820	-19,110	9,390	0	0	0	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Paid-in-Kind Interest
-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing of purchased satellite transponders included in property and equipment
8,500	8,500	8,500	8,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of AIA through issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Notes payable and accrued interest converted into preferred stock and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Reclassification of sponsor warrants due to waiver
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Reclassification of MLBAM warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Property and equipment purchased with warrants for common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0