ENSYNC, INC. ESNC Cash Flow

Ensync, inc. (ESNC)

CashFlow / TTM

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
-12,193	-13,324	-477	-1,976	-3,701	-4,441	-19,483	-18,972	-19,161	-18,262	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-11,163	-12,147	-12,452	-15,147	-15,771	-15,265	-13,920	-9,717	-9,019	-8,090	-8,449	0	0	0
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of property, plant and equipment
229	288	342	373	424	483	535	624	627	679	692	676	698	644	631	628	733	736	826	905	800	798	908	894	947	929	0	0	0	-	-	-	-
Depreciation of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Amortization of customer intangible assets
-	-	-	-	-	-	-	-	-	93	46	14	6	0	0	42	226	411	593	732	732	732	732	734	753	745	739	690	487	310	0	0	0
Equity in loss of investee company
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	779	0	0	0	-	-	-	-	-	-	-	-
Amortization of discounts and debt issuance costs on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	29	29	29	14	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation, net
1,021	1,142	1,387	1,692	2,308	2,145	1,935	1,866	1,390	1,274	1,000	873	1,043	1,263	1,668	1,710	1,054	962	665	477	833	785	1,239	1,355	1,522	1,586	1,182	1,200	1,063	866	0	0	0
Equity in loss of investee company
-273	-307	-431	-354	-291	-217	-244	-176	-171	-242	-147	-255	-460	-495	-871	-717	-622	-657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for inventory reserve
356	354	5	59	96	182	132	78	38	-102	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property, plant and equipment
14	73	131	70	63	1	8	8	8	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on investment in investee company
-	-	-	-	-	-	-	-	-	-	-	-	-	1,257	1,257	1,257	1,257	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest accreted on note receivable
7	10	18	12	12	12	6	12	12	12	12	12	12	9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of long-lived assets
0	447	447	447	447	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities
Accounts receivable
-187	-254	1,275	40	-232	297	199	290	301	59	-197	-1,753	-1,655	-937	-75	1,228	1,395	604	435	821	624	-33	-520	-810	253	-308	-470	-216	-1,291	-19	0	0	0
Inventories
-498	-907	-493	-213	642	794	-128	-755	-448	569	1,019	1,418	978	-154	-2,206	-1,764	-1,556	-1,219	848	282	1,113	-96	-777	-107	-2,079	-1,326	-495	-1,245	-228	-163	0	0	0
Costs and estimated earnings in excess of billings
271	440	248	2,299	592	87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaids and other current assets
-120	478	-469	256	-1,544	-1,756	-892	-1,785	-298	154	209	251	468	145	261	79	41	85	-1	819	321	51	-18	-755	-292	-130	-78	185	66	92	0	0	0
Refundable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	91	19	-28	73	46	210	213	34	48	-147	-148	28	-20	22	-117	-221	-164	0	0	0
Deferred PPA project costs
-	-	-	-	-	-5,690	1,730	1,730	2,406	7,580	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	4	-585	419	-21	419	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred PPA project costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Project assets
-	-	-	-	-	-	-	-	-1,711	1,003	7,091	5,603	2,198	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-613	655	934	1,314	1,041	-82	44	-841	-946	-487	29	943	855	467	-77	-265	-518	18	-1,314	-604	-857	-1,328	201	-529	294	937	666	712	399	-48	0	0	0
Billings in excess of costs and estimated earnings
132	-280	39	50	125	456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-119	-127	140	-48	-536	227	7	253	246	-749	-1,578	-1,649	-1,652	-1,473	1,069	1,338	1,541	1,872	-19	-419	-395	-467	417	755	526	618	-312	-186	68	-59	0	0	0
Customer deposits
-	-	-	-	-	-	-	-	-815	-975	447	609	946	436	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation and benefits
-	-	-	-	-	-	-	-	18	21	-225	44	-39	40	1,183	542	102	30	-1,075	-445	-29	-170	58	10	62	45	-119	-107	-52	-159	0	0	0
Deferred revenue
288	116	116	0	0	422	422	422	422	13,290	13,290	13,290	13,290	0	-2,168	-1,652	-1,607	-1,453	1,769	791	1,433	878	-496	-234	-876	-213	705	936	1,045	842	0	0	0
Other long-term liabilities
-	-	-	-	-	145	137	137	137	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-10,010	-10,162	-10,702	-13,568	-12,822	-7,214	-9,094	-10,340	-16,065	-12,885	-11,337	-7,511	-2,442	-11,167	-11,090	-8,179	-7,604	-5,686	-4,710	-6,864	-6,485	-10,258	-11,577	-12,796	-12,713	-9,724	-6,800	-6,228	-6,000	-6,250	0	0	0
Cash flows from investing activities
Cash paid for business combination
-	-	-	-	-	-	-	-	-	225	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for business combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-60	-60	-8	-8	-9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Release of restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for property and equipment
364	288	34	53	37	46	64	405	416	406	407	134	409	427	420	314	45	51	71	85	74	137	156	431	1,133	1,647	2,574	2,739	2,427	1,750	0	0	0
Repayments of bank loans and notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from issuance of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,300	0	0	0
Repayments of long term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	348	990	923	929	1,620	1,484	1,606	1,654	3,591	3,374	3,308	3,243	0	0	0	-	-	-	-
Proceeds from sale of property, plant and equipment
2,240	2,299	2,261	80	68	8	15	9	9	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments from note receivable
14	20	30	24	18	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
1,889	2,030	2,257	50	49	-25	-48	-335	-346	-572	-573	-351	-626	-567	-561	-464	-204	-61	-20	214	-74	-137	-1,968	-2,441	-4,474	-4,988	-4,163	-4,606	-2,502	-1,975	0	0	0
Cash flows from financing activities
Payment of financing costs
-	-	-	-	-	-	-	-	-	261	807	807	807	545	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of long term debt
641	726	762	336	334	332	325	323	321	319	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of debenture notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	517	0	0	0
Proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	13,300	13,300	13,300	13,300	0	0	0	0	3,000	3,000	3,000	3,000	0	0	0	750	2,197	2,197	4,737	4,477	3,030	0	0	0
Preferred stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	96	96	90	0	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
2,678	96	2,192	2,192	2,215	2,095	0	0	0	6,800	6,800	6,800	6,800	14,837	14,837	29,069	29,069	14,231	14,635	2,903	2,903	4,648	16,330	16,995	18,882	17,138	0	0	0	-	-	-	-
Common stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	1,148	1,193	2,342	2,342	1,194	1,149	34	34	177	1,503	1,776	1,888	1,810	484	176	222	0	0	0	0
Contribution of capital from noncontrolling interest
0	1	1	1	1	0	0	8	8	53	53	51	51	13	0	0	0	-	0	0	4	5	1,542	1,542	3,084	3,083	0	0	0	-	-	-	-
Net cash provided by financing activities
1,998	-666	1,394	1,820	1,952	1,833	-260	71	5	19,890	18,669	18,338	18,332	12,139	13,310	25,742	25,803	15,010	15,676	5,197	5,085	3,730	15,109	15,623	19,757	19,601	9,961	11,932	9,797	9,892	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	0	-0	-0	0	-0	0	-14	-13	-7	-6	11	4	1	-2	-5	-24	-1	-19	-6	39	-36	-15	-28	-49	9	0	0	0
Net decrease in cash and cash equivalents
-6,122	-8,798	-7,050	-11,695	-10,819	-5,406	-9,404	-10,604	-16,405	6,431	6,759	10,460	15,250	396	1,651	17,109	17,998	9,264	10,943	-1,458	-1,497	-6,666	1,542	378	2,608	4,852	-1,017	1,069	1,245	1,674	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for interest
31	40	46	47	52	51	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	47	80	92	104	114	82	101	115	147	190	176	183	173	238	266	265	278	223	267	216	188	0	0	0
Supplemental noncash information:
Right of use asset obtained in exchange for new operating lease
880	937	929	1,040	0	122	178	102	143	41	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for discounted notes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,187	2,187	4,715	4,456	3,529	0	0	0
Issuance of common stock as consideration for equity issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	683	0	0	0