EVOLVING SYSTEMS INC EVOL Cash Flow

Evolving systems inc (EVOL)

CashFlow / TTM

Mar'20	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	Dec'11	Sep'11	Jun'11	Mar'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-8,610	-9,695	-24,295	-23,529	-16,388	-14,787	874	1,084	2,027	2,516	4,121	4,303	3,981	3,435	3,234	2,863	2,863	3,296	3,812	4,921	5,817	5,608	4,810	4,051	3,284	3,806	4,440	4,758	5,979	5,564	5,881	22,847	32,134	32,309	0	0	0
Income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,264	0	0	0
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-955	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation
215	190	170	129	113	121	195	230	232	250	210	212	233	259	242	282	295	314	351	328	296	246	210	179	164	155	0	0	0	-	-	-	-	-	-	-	0
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	268	0	0	0	-	-	-	-
Amortization of intangible assets
936	938	941	949	965	970	975	961	906	860	814	784	783	783	782	610	438	266	95	95	96	95	87	63	136	211	296	396	399	400	398	400	481	560	0	0	0
Amortization of debt issuance costs
1	6	5	16	10	9	11	8	13	13	15	20	20	32	33	31	29	14	10	12	13	15	17	16	17	18	0	0	0	-	-	-	-	11	0	0	0
Amortization of operating leases - right of use assets
415	414	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
259	331	375	402	466	702	846	971	1,027	742	547	377	264	259	286	303	304	317	321	360	402	401	369	335	301	288	287	279	268	264	314	390	468	573	0	0	0
Accretion of discount on marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	0	-	-	-	-
Foreign currency transaction (income) loss, net
214	-455	495	606	637	810	-70	-607	-1,051	-1,136	-612	-697	-924	-552	-296	-279	318	-6	-240	189	-38	-9	-64	-356	-92	-39	98	89	-53	-106	0	0	0	-	-	-	-
Bad debt expense, net of recoveries
-	100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized foreign currency transaction (gains) and losses, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Provision for deferred income taxes
665	330	-830	-717	-780	-946	-321	-574	-556	-491	-341	-121	-90	-24	-1,116	-1,168	-1,129	-1,123	-292	-329	-334	-282	-506	-411	-289	-257	-470	-238	-253	-340	336	342	-171	-550	0	0	0
Change in operating assets and liabilities:
Contract receivables
-2,146	-858	-2,311	-978	-3,039	-2,473	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract receivables
-	-	-	-	-	-	-	-	-	-	-	1,195	-2,569	-643	-3,074	466	2,250	-2,202	4,280	929	218	3,398	-30	372	399	1,514	689	627	2,489	310	2,282	2,517	-503	-855	0	0	0
Unbilled work-in-progress
-1,006	-1,839	-815	-1,873	-1,375	-1,803	-1,330	-721	-772	1,032	1,030	1,467	161	-204	874	-675	-1,128	-721	-2,523	499	3,625	2,977	4,030	2,357	-679	-2,444	-1,471	-628	2,272	3,652	1,918	1,666	-318	-176	0	0	0
Prepaid and other assets
7	231	770	532	1,036	25	-1,656	-2,548	-2,777	-1,983	-769	385	486	182	326	262	194	120	530	344	221	214	75	170	203	28	-71	-70	-872	-468	-472	111	471	417	0	0	0
Accounts payable and accrued liabilities
-1,056	-700	1,064	359	-266	-1,326	-4,073	-4,036	-2,718	-1,905	-685	1,430	315	276	-1,169	-1,557	-669	-2,305	346	298	97	985	-459	142	-732	-204	-482	-1,000	-985	-461	-1,668	-2,746	-1,758	-1,913	0	0	0
Income taxes receivable
533	-12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned revenue
-458	-49	-66	-567	-2,101	-1,244	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease obligations - operating leases
396	406	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unearned revenue
-	-	-	-	-	-	-	-	-	-	-	-527	-445	687	361	488	-1,803	-1,404	159	-983	397	-888	471	1,239	2,360	3,543	445	998	-139	-1,894	1,034	956	138	511	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,265	-	2,755	2,741	2,758	-400	0	0	0	-	-	-	-	-	-	-	-	-1,364	0	0	0
Net cash provided by operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,277	0	0	0
Net cash used in operating activities
1,093	1,079	311	105	396	2,567	3,636	6,231	5,004	3,458	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,279	-2,292	-180	4,913	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment
310	383	446	411	268	185	57	121	89	80	0	0	0	-	-	-	-	198	504	606	569	588	338	277	345	270	0	0	0	-	-	-	-	90	0	0	0
Restricted cash - Escrow deposit for acquisition for BLS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-53	0	0	0	-	-	-	-	2	0	0	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,494	-582	-545	-564	0	0	0	-	-	-	-	-	-	-	-	20,743	0	0	0
Net cash used in investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-670	0	0	0
Net cash used in investing activities
-310	-383	-446	-411	-268	-185	-55	-6,057	-6,025	-6,016	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	20,073	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on notes payable
3,856	4,243	3,709	3,457	3,069	2,788	2,288	2,025	2,025	2,025	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease payments
-	-	-	-	-	-	-	-	-	1	2	3	5	5	5	6	5	5	5	5	6	8	9	8	7	5	3	2	7	12	19	16	12	10	0	0	0
Payments of the revolving line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from term loans
-	-	-	-	-	-	-	-	-	-	-	-	-	6,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for debt issuance costs
-	-	-	-	-	-	-	-	-	-	20	21	21	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of stock
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock cash dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,143	5,119	5,115	4,995	4,883	0	0	0	-	-	-	-	44,841	42,551	43,097	23,909	2,170	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,082	1,465	1,390	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of stock
-	-	-	-	-	-	-	-	-	-	-	-	-	67	292	290	304	300	129	210	209	300	433	531	567	494	496	393	471	630	1,394	1,566	2,118	1,997	0	0	0
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,124	-	5,574	-3,828	-3,327	-3,201	0	0	0	-	-	-	-	-	-	-	-	-1,436	0	0	0
Net cash used in financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	0	0	0
Net cash used in financing activities
-3,856	-4,243	-4,084	-3,832	-3,444	-3,163	-2,264	2,732	2,750	2,737	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-41,258	-41,949	-23,055	-1,438	0	0	0
Effect of exchange rate changes on cash and cash equivalents
117	-109	-52	155	204	-49	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-2,956	-3,656	-4,271	-3,983	-3,112	-830	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-896	-1,067	-471	-538	-92	-343	-402	-453	-254	161	410	998	431	177	-32	61	-42	193	330	-246	-114	-59	0	0	0
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	3,848	-786	-2,469	-4,342	-7,374	-1,381	-1,567	-2,122	-1,368	-4,004	-2,742	-996	946	4,941	1,328	3,337	-2,315	-25,446	-17,198	-6,234	-3,229	23,489	0	0	0
Supplemental disclosure of cash and non-cash transactions:
Interest paid
314	327	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0
Income taxes paid
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid
-	-	-	-	-	-	-	684	1,071	1,504	1,799	1,628	1,631	1,270	1,788	1,692	1,589	2,089	1,163	1,151	871	182	51	10	65	69	146	125	529	712	2,259	2,458	1,995	1,854	0	0	0
Common stock dividends declared, not yet paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	3,757	22,924	22,569	23,961	43,078	23,921	23,901	0	0	0
Property and equipment purchased and included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Supplemental non-cash amounts of lease liabilities arising from obtaining right of use assets
-	1,609	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock related to acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment purchased and included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0
Unrealized gain on investments, related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-