ENSYNC, INC. ESNC Cash Flow

Ensync, inc. (ESNC)

CashFlow / Quarterly

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 loss
-2,854	-3,644	-3,083	-2,611	-3,985	9,202	-4,582	-4,336	-4,724	-5,839	-4,070	-4,526	-3,826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,289	-2,714	-3,216	-2,942	-3,273	-3,019	-5,911	-3,566	-2,767	-1,675	-1,707	-2,868	-1,838	-2,034
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,593	-3,519	-2,240	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property, plant and equipment
38	49	58	82	97	104	89	133	156	155	178	136	208	169	162	159	154	156	158	263	158	246	237	158	156	356	223	211	137	-	-	-	-
Depreciation of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	86
Amortization of customer intangible assets
-	-	-	-	-	-	-	-	-	46	31	8	6	0	0	0	0	0	42	184	184	182	180	184	184	182	182	203	176	176	133	0	0
Equity in loss of investee company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	128	118	456	76	-	-	-	-	-	-	-	-
Amortization of discounts and debt issuance costs on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	14	14	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation, net
314	346	195	165	435	591	499	782	272	380	430	306	156	106	302	477	376	511	344	-178	284	214	156	177	236	668	273	344	300	264	291	207	103
Equity in loss of investee company
-15	77	-246	-88	-50	-46	-170	-25	23	-72	-101	-20	-47	22	-209	-225	-82	-353	-55	-130	-117	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory reserve
57	296	0	3	54	-52	53	40	140	-102	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property, plant and equipment
11	-64	61	6	70	-6	0	0	8	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on investment in investee company
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,257	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest accreted on note receivable
0	1	2	3	3	8	-3	3	3	2	2	3	3	2	2	3	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
0	0	0	0	447	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	0	0	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities
Accounts receivable
-197	-1,297	1,095	212	-265	232	-139	-60	264	135	-48	-49	21	-122	-1,603	47	739	740	-299	214	-51	571	85	18	-709	84	-204	1,082	-1,271	-76	49	6	0
Inventories
324	67	-117	-773	-84	482	162	82	68	-441	-464	389	1,085	8	-65	-50	-47	-2,042	376	156	290	25	-189	987	-919	-656	481	-985	-166	174	-267	30	-100
Costs and estimated earnings in excess of billings
335	280	-2,051	1,707	504	87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaids and other current assets
-447	50	200	75	151	-897	925	-1,724	-60	-33	32	-237	392	21	75	-20	69	137	-106	-58	113	49	714	-556	-156	-19	-23	-92	5	32	240	-212	31
Refundable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	74	5	4	6	2	-41	105	-20	166	-38	-72	-7	-28	-39	104	-56	15	-180	0	0
Deferred PPA project costs
-	-	-	-	-	0	0	-516	-5,174	7,420	0	159	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	0	4	304	-304	-589	1,009	-137	137	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred PPA project costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project assets
-	-	-	-	-	-	-	-	-516	-6,087	1,488	3,404	2,198	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-264	-422	-319	393	1,003	-142	60	119	-119	-16	-825	14	339	500	88	-73	-48	-43	-99	-327	488	-1,376	611	-581	18	153	-120	242	661	-117	-74	-69	213
Billings in excess of costs and estimated earnings
81	136	-11	-74	-331	456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-175	79	-202	179	-184	348	-392	-307	579	128	-146	-314	-416	-700	-217	-318	-238	1,843	51	-114	92	-49	-348	-89	20	835	-11	-318	111	-94	114	-62	-16
Customer deposits
-	-	-	-	-	-	-	-	196	-1,029	165	-148	35	394	327	188	-474	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation and benefits
-	-	-	-	-	-	-	-	66	126	-142	-32	70	-120	127	-115	149	1,022	-513	-555	77	-83	115	-139	-64	146	67	-88	-81	-18	80	-32	-188
Deferred revenue
172	0	116	0	0	0	0	0	422	0	0	0	13,290	0	0	0	0	-2,168	516	45	154	1,053	-461	687	-400	-321	-199	45	263	597	31	153	60
Other long-term liabilities
-	-	-	-	-	7	0	0	137	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-2,640	-2,095	-2,186	-3,088	-2,792	-2,635	-5,052	-2,342	2,816	-4,516	-6,298	-8,066	5,996	-2,967	-2,472	-2,998	-2,728	-2,891	438	-2,422	-810	-1,915	-1,716	-2,043	-4,583	-3,234	-2,935	-1,959	-1,594	-310	-2,363	-1,731	-1,844
Cash flows from investing activities
Cash paid for business combination
-	-	-	-	-	-	-	-	-	0	0	0	225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for business combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	0	-60	0	0	0	-8	-0	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Release of restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for property and equipment
75	254	18	16	0	0	37	0	9	17	378	10	0	18	106	284	18	11	-0	15	24	31	14	3	87	50	289	706	601	977	454	394	-75
Repayments of bank loans and notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87	334	-114
Proceeds from issuance of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	782	0	0	517
Repayments of long term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	87	86	86	730	20	92	777	593	142	141	2,713	377	76	75	-	-	-	-
Proceeds from sale of property, plant and equipment
11	30	2,187	11	70	-6	5	0	9	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments from note receivable
0	2	6	6	6	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-64	-222	2,175	1	76	5	-31	0	0	-17	-318	-10	-225	-18	-97	-284	-167	-11	-0	-25	-24	28	235	-313	-87	-1,802	-237	-2,346	-601	-977	-680	-242	-75
Cash flows from financing activities
Payment of financing costs
-	-	-	-	-	-	-	-	-	0	0	0	261	545	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long term debt
0	47	509	84	84	83	83	82	82	77	81	80	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of debenture notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-782	0	143	1,156
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	0	0	0	13,300	0	0	0	0	0	0	0	3,000	0	0	0	0	0	0	750	1,447	0	2,540	490	0
Preferred stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	6	90	0	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
2,701	0	0	-22	119	2,095	0	0	0	0	0	0	6,800	0	0	0	14,837	0	14,231	0	0	403	2,500	0	1,744	12,085	3,165	1,887	0	-	-	-	-
Common stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,148	45	1,149	0	0	0	34	0	143	1,325	308	111	65	0	0	157	-157
Contribution of capital from noncontrolling interest
0	0	0	0	1	0	0	0	0	0	8	0	45	0	6	0	7	-	0	0	0	0	0	4	1	1,537	0	1,546	0	-	-	-	-
Net cash provided by financing activities
2,701	-47	-509	-146	37	2,013	-83	-14	-82	-80	249	-80	19,802	-1,301	-81	-87	13,610	-131	12,351	-26	2,816	535	1,871	-138	1,462	11,914	2,385	3,995	1,306	2,274	4,356	1,860	1,401
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	0	1	0	-0	-0	1	0	-2	0	-13	2	3	1	3	-4	0	-2	0	-22	23	-20	13	23	-52	0	0	2	6
Net decrease in cash and cash equivalents
-2	-2,365	-521	-3,232	-2,678	-616	-5,166	-2,356	2,734	-4,615	-6,366	-8,157	25,570	-4,287	-2,665	-3,367	10,717	-3,032	12,792	-2,478	1,982	-1,353	390	-2,518	-3,186	6,856	-773	-287	-942	986	1,313	-111	-512
Supplemental disclosures of cash flow information:
Cash paid for interest
2	7	10	11	11	13	11	15	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	7	12	12	15	40	23	24	24	9	42	39	56	52	28	46	46	116	56	45	59	61	100	-5	32
Supplemental noncash information:
Right of use asset obtained in exchange for new operating lease
-75	-47	-35	1,040	-19	-55	75	0	102	0	-0	41	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for discounted notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	746	1,440	0	2,527	487	514
Issuance of common stock as consideration for equity issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	389	294