Evolving systems inc (EVOL)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-32

-1,379

-217

-6,982

-1,117

-15,979

549

159

484

-318

759

1,102

973

1,287

941

780

427

1,086

570

780

860

1,602

1,679

1,676

651

804

920

909

1,173

1,438

1,238

2,130

758

1,755

18,204

11,417

933

Income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,313

18,319

12,470

1,162

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

442

-115

-1,053

-229

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

50

40

61

64

25

20

20

48

33

94

55

50

51

54

57

71

77

37

97

84

96

74

74

52

46

38

43

37

37

-

-

-

-

-

-

-

88

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

72

79

73

-

-

-

-

Amortization of intangible assets

235

234

232

235

237

237

240

251

242

242

226

196

196

196

196

195

196

195

24

23

24

24

24

24

23

16

0

97

98

101

100

100

99

99

102

181

178

Amortization of debt issuance costs

1

2

-8

6

6

1

3

0

5

3

0

5

5

5

5

5

17

6

3

3

2

2

5

4

4

4

4

5

5

-

-

-

-

0

0

0

11

Amortization of operating leases - right of use assets

76

108

113

118

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

58

68

70

63

130

112

97

127

366

256

222

183

81

61

52

70

76

88

69

71

89

92

108

113

88

60

74

79

75

59

66

68

71

109

142

146

176

Accretion of discount on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

5

-

-

-

-

Foreign currency transaction (income) loss, net

408

-638

250

194

-261

312

361

225

-88

-568

-176

-219

-173

-44

-261

-446

199

212

-244

151

-125

-22

185

-76

-96

-77

-107

188

-43

60

-116

46

-96

-

-

-

-

Bad debt expense, net of recoveries

-

-13

-26

76

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized foreign currency transaction (gains) and losses, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

110

Provision for deferred income taxes

366

379

-25

-55

31

-781

88

-118

-135

-156

-165

-100

-70

-6

55

-69

-4

-1,098

3

-30

2

-267

-34

-35

54

-491

61

87

86

-704

293

72

-1

-28

299

-441

-380

Change in operating assets and liabilities:
Contract receivables

-1,283

1,078

-2,705

764

5

-375

-1,372

-1,297

571

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract receivables

-

-

-

-

-

-

-

-

-

-

-

2,925

-1,128

92

-694

-839

798

-2,339

2,846

945

-3,654

4,143

-505

234

-474

715

-103

261

641

-110

-165

2,123

-1,538

1,862

70

-897

-1,890

Unbilled work-in-progress

800

-1,690

203

-319

-33

-666

-855

179

-461

-193

-246

128

1,343

-195

191

-1,178

978

883

-1,358

-1,631

1,385

-919

1,664

1,495

737

134

-9

-1,541

-1,028

1,107

834

1,359

352

-627

582

-625

494

Prepaid and other assets

334

-279

19

-67

558

260

-219

437

-453

-1,421

-1,111

208

341

-207

43

309

37

-63

-21

241

-37

347

-207

118

-44

208

-112

151

-219

109

-111

-651

185

105

472

-291

131

Accounts payable and accrued liabilities

-80

-163

-923

110

276

1,601

-1,628

-515

-784

-1,146

-1,591

803

29

74

524

-312

-10

-1,371

136

576

-1,646

1,280

88

375

-758

-164

689

-499

-230

-442

171

-484

294

-1,649

-907

504

139

Income taxes receivable

587

-520

275

191

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

-34

-726

-1,091

1,393

375

-743

-1,592

-141

1,232

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease obligations - operating leases

77

90

126

103

87

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unearned revenue

-

-

-

-

-

-

-

-

-

-

-

716

-554

-639

-50

798

578

-965

77

-1,493

977

598

-1,065

-113

-308

1,957

-297

1,008

875

-1,141

256

-129

-880

1,787

178

-947

-507

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,501

3,692

-655

-

-244

308

2,835

-144

-258

325

-323

-

-

-

-

-

-

-

-

-834

-1,444

283

631

Net cash provided by operating activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

472

-246

83

5,968

Net cash used in operating activities

-283

509

18

849

-297

-259

-188

1,140

1,874

810

2,407

-87

328

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,768

-

1,881

-1,746

1,506

-362

-1,690

366

6,599

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment

22

74

36

178

95

137

1

35

12

9

65

3

3

-

-

-

-

7

33

87

71

313

135

50

90

63

74

118

15

-

-

-

-

5

27

19

39

Restricted cash - Escrow deposit for acquisition for BLS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-51

-2

-

-

-

-

0

-1

0

3

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,047

-87

-71

-289

-135

-50

-90

-

-

-

-

-

-

-

-

4,766

16,038

-19

-42

Net cash used in investing activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-82

-243

-340

-5

Net cash used in investing activities

-22

-74

-36

-178

-95

-137

-1

-35

-12

-7

-6,003

-3

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-

-

-

-

4,684

15,795

-359

-47

CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on notes payable

394

1,559

1,015

888

781

1,025

763

500

500

525

500

500

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease payments

-

-

-

-

-

-

-

-

-

0

0

0

1

1

1

2

1

1

2

1

1

1

2

2

3

2

1

1

1

0

0

6

6

7

-3

2

4

Payments of the revolving line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

10,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for debt issuance costs

-

-

-

-

-

-

-

-

-

-

1

0

19

0

2

0

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of stock

-

-

-

-

-

-

-

-

-

-

4

18

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock cash dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,299

1,285

1,284

1,275

1,275

1,281

1,164

1,163

-

-

-

-

2,842

2

19,726

22,271

552

548

538

532

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

86

569

469

341

11

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of stock

-

-

-

-

-

-

-

-

-

-

-

-

-

2

12

30

23

227

10

44

19

56

91

43

110

189

189

79

37

191

86

157

196

955

258

709

75

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,289

-1,270

-3,996

-

8,679

-1,283

-1,171

-651

-723

-782

-1,045

-

-

-

-

-

-

-

-

312

-607

-680

-461

Net cash used in financing activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

0

-1

-3

Net cash used in financing activities

-394

-1,559

-1,015

-888

-781

-1,400

-763

-500

-500

-501

4,233

-482

-513

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

-

84

-19,575

-22,081

314

-607

-681

-464

Effect of exchange rate changes on cash and cash equivalents

229

-51

-26

-35

3

6

181

14

-250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-470

-1,175

-1,059

-252

-1,170

-1,790

-771

619

1,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

86

-649

-165

-168

-85

-53

-232

278

-336

-112

-283

477

79

137

305

-90

-175

-72

398

-193

60

65

-178

-61

115

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-102

673

1,029

2,248

-4,736

-1,010

-844

-784

1,257

-1,196

-1,399

-30

-1,379

66

347

1,912

2,616

-3,547

2,356

-3,740

-20,515

4,701

13,320

-735

6,203

Supplemental disclosure of cash and non-cash transactions:
Interest paid

61

81

86

86

74

-

-

-

122

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

17

1

1

Income taxes paid

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes paid

-

-

-

-

-

-

-

7

150

184

343

394

583

479

172

397

222

997

76

294

722

71

64

14

33

-60

23

69

37

17

2

473

220

1,564

201

10

79

Common stock dividends declared, not yet paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1,298

-

-

-

-

-

-

-

-

-

-

0

913

22,003

-19,159

19,167

558

23,395

-42

10

538

Property and equipment purchased and included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

-

-

-

-

-

-

-

-

Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets

-

0

0

0

1,609

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock related to acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

19

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment purchased and included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-24

29

-

-

-9

20

Unrealized gain on investments, related party

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

-

-

-

-