Ensync, inc. (ESNC)
CashFlow / Yearly
Jun'18Jun'17Jun'16Jun'15Jun'14Jun'13Jun'12Jun'11
Cash flows from operating activities
Net loss

-13,324

-4,441

-18,262

-

-

-

-

-

Net loss

-

-

-

-12,811

-9,513

-12,452

-13,920

-8,449

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property, plant and equipment

288

483

679

644

736

798

929

349

Amortization of customer intangible assets

8

68

93

0

411

732

745

310

Equity in loss of investee company

-

-

-

-

-

779

197

-

Payment of interest with common stock

-

-

-

-

-

-

66

0

Amortization of discounts and debt issuance costs on notes payable

-

-

-

-

14

14

1,069

-

Impairment and other equipment charges

-

-

-

-

-

-

-

219

Stock-based compensation, net

1,142

2,145

1,274

1,263

962

785

1,586

866

Impairment of PPA project costs

-

-

1,890

0

-

-

-

-

Equity in loss of investee company

-307

-217

-242

-495

-657

-

-

0

Provision for inventory reserve

354

182

-102

-

-

-

-

53

Gain on sale of property, plant and equipment

73

1

0

-

-

-

-

-

Gain on investment in investee company

-

-

-

1,257

0

-

-

-

Interest accreted on note receivable

10

12

12

9

0

-

-

-

Allowance for note receivable

162

0

-

-

-

-

-

80

Gain on termination of SPI Supply Agreement

0

13,290

0

-

-

-

-

-

Impairment of long-lived assets

447

0

-

-

-

-

-

-

Non-cash expense attibuted to accretion of note payable

-

-

-

-

-

45

0

-

Changes in assets and liabilities
Amortization of discounts and debt issuance costs on notes payable

-

-

-

-

-

-

-

0

Accounts receivable

-254

297

59

-937

604

-33

-308

-19

Inventories

-907

794

569

-154

-1,219

-96

-1,326

-163

Costs and estimated earnings in excess of billings

440

87

0

-

-

-

-

-

Prepaids and other current assets

478

-1,756

154

145

85

51

-130

92

Refundable income taxes

-

-

-

91

46

48

-20

-164

Deferred PPA project costs

0

-5,690

7,580

0

-

-

-

-

Other assets

86

4

419

0

-

-

-

-

Project assets

-

-

1,003

0

-

-

-

-

Accounts payable

655

-82

-487

467

18

-1,328

937

-48

Billings in excess of costs and estimated earnings

-280

456

0

-

-

-

-

-

Accrued expenses

-127

227

-749

-1,473

1,872

-467

618

-59

Customer deposits

-

-

-975

436

-

-

-

-

Accrued compensation and benefits

-

-

21

40

30

-170

45

-159

Deferred revenue

116

422

13,290

0

-1,453

878

-213

842

Other long-term liabilities

16

145

0

-

-

-

-

-

Net cash used in operating activities

-10,162

-7,214

-12,885

-11,167

-5,686

-10,258

-9,724

-6,250

Cash flows from investing activities
Cash paid for business combination

-

-

225

0

-

-

-

-

Change in restricted cash

-

-

-60

-9

9

-

-

-

Expenditures for property and equipment

288

46

406

427

51

137

1,647

1,750

Payment of deferred financing costs

-

-

-

-

0

-

-

-

Proceeds from issuance of notes payable

-

-

-

-

-

938

2,465

1,300

Repayments of long term debt

-

-

-

-

929

1,654

3,243

-

Proceeds from sale of property, plant and equipment

2,299

8

0

0

-

-

-

-

Payments from note receivable

20

12

0

-

-

-

-

-

Issuance of note receivable

-

-

-

150

-

-

-

-

Issuance of note receivable

-

-

-

-

0

-

-

-

Acquisition of business, net of cash acquired

-

-

-

-

-

-

-

225

Investment in investee company

-

-

-

-

-

-

3,281

0

Deposits of restricted cash

-

-

-

-

-

-

60

-

Net cash provided by (used in) investing activities

2,030

-25

-572

-567

-61

-137

-4,988

-1,975

Cash flows from financing activities
Payment of financing costs

-

-

261

545

-

-

-

-

Repayments of long term debt

726

332

319

1,018

-

-

-

-

Proceeds from equipment financing

-

-

331

-

-

-

-

-

Payments for finance leases

-

-

13

0

-

-

-

-

Repayments of bank loans and notes payable

-

-

-

-

-

-

-

-450

Notes payable issuance costs

-

-

-

-

-

-29

-227

0

Proceeds from issuance of debenture notes payable

-

-

-

-

-

-

-

517

Proceeds from issuance of preferred stock

-

-

13,300

0

3,000

0

2,197

3,030

Preferred stock issuance costs

-

-

-

-

96

0

-

-

Net proceeds from issuance of common stock

96

2,095

6,800

14,837

14,231

4,648

17,138

5,495

Proceeds from the exercise of stock options

0

69

0

-

-

-

-

-

Payments of tax withholding related to stock-based compensation

38

0

-

-

-

-

-

-

Common stock issuance costs

-

-

-

1,148

1,194

177

1,810

0

Contribution of capital from noncontrolling interest

1

0

53

13

-

5

3,083

0

Contribution of capital from noncontrolling interest

-

-

-

-

0

-

-

-

Net cash provided by financing activities

-666

1,833

19,890

12,139

15,010

3,730

19,601

9,892

Effect of exchange rate changes on cash and cash equivalents

0

0

-0

-7

1

-1

-36

9

Net decrease in cash and cash equivalents

-8,798

-5,406

6,431

396

9,264

-6,666

4,852

1,674

Supplemental disclosures of cash flow information:
Cash paid for interest

40

51

-

-

-

-

-

-

Cash paid for interest

-

-

47

114

147

173

278

188

Supplemental noncash information:
Right of use asset obtained in exchange for new operating lease

937

122

41

0

-

-

-

-

Asset retirement obligation

-

-

18

-

-

-

-

-

Asset retirement obligation

-

-

-

0

-

-

-

-

Cash received for income tax credit

-

-

-

-

133

198

223

634

Conversion of debenture notes payable to common stock

-

-

-

-

-

-

1,184

-

Inventory transferred to assets held for lease

-

-

-

-

-

355

0

-

Interest deferred and added to principal balance of note payable

-

-

-

-

-

44

0

-

Conversion of debenture notes payable to common stock

-

-

-

-

-

-

-

0

Conversion of debenture notes payable to Series A preferred stock

-

-

-

-

-

-

-

524

Issuance of common stock for discounted notes receivable

-

-

-

-

-

-

2,187

3,529

Issuance of warrants as consideration for equity issuance costs

-

-

-

-

-

-

1,024

-

Issuance of common stock as consideration for equity issuance costs

-

-

-

-

-

-

-

683

Issuance of warrants as consideration for equity issuance costs

-

-

-

-

-

-

-

0

Redemption of preferred stock with notes receivable - common stock

-

-

-

-

-

-

6,436

0

Conversion of cash settled RSUs to stock settled RSUs

-

-

-

-

-

-

-

315

Issuance of warrants for purchase of property and equipment

-

-

-

-

-

-

-

11