Falcon minerals corp (FLMN)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Cash flow from operating activities:
Net income

4,509

4,352

6,357

8,902

11,303

14,592

15,598

17,003

53,914

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-0

-3

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of royalty interests in oil and natural gas properties

3,674

-

-

-

3,511

-

-

-

-

-

-

-

-

Depreciation of property and equipment

26

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of assets

-

-

-

-

-

0

0

108

41,274

-

-

-

-

Unrealized (gain) loss on hedging activities

-

-

-

-

-

0

557

-1,614

-94

-

-

-

-

Amortization of royalty interests in oil and natural gas properties

-

-

-

-

-

3,783

4,675

5,283

4,795

-

-

-

-

Accretion of asset retirement obligation

-

-

-

-

-

0

2

2

3

-

-

-

-

Amortization of debt issuance costs

161

161

161

160

161

161

157

14

125

-

-

-

-

Amortization of right-of-use assets

117

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

724

718

970

761

99

-

-

-

-

-

-

-

-

Deferred income taxes

444

119

350

986

966

-

-

-

-

-

-

-

-

Interest earned on marketable securities held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

0

0

Unrealized gain on marketable securities held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

0

0

Changes in operating assets and liabilities
Accounts receivable

-2,041

-141

-539

-4,096

1,393

-815

-2,332

760

505

-

-

-

-

Prepaid expenses

-86

-110

-256

194

-170

-338

660

93

-137

7

1,062

0

0

Accounts payable and accrued expenses

-985

229

573

201

680

353

-3,964

-2,900

2,112

-

-

-

-

Other liabilities

-139

-

32

15

429

0

659

448

-1,254

-

-

-

-

Accounts payable and accrued expenses

-

-

-

-

-

-

-

-

-

-

-

0

3

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash provided by operating activities

10,658

8,969

12,445

17,889

15,926

21,084

18,152

20,503

18,147

-

-

-

-

Cash flows from investing activities:
Purchase of property and equipment

14

50

0

337

205

-

-

-

-

-

-

-

-

Additions to oil and natural gas properties

-

-

-

-

-

0

169

117

237

-

-

-

-

Proceeds from the sale of assets

-

-

-

-

-

0

0

109

121,021

-

-

-

-

Acquisition of oil and natural gas properties

2,101

1,858

903

10,295

9,705

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) investing activities

-2,115

-1,908

-903

-10,632

-9,910

-1,215

2,751

-8

120,784

-

-

-

-

Cash flows from financing activities:
Distributions to partners

-

-

-

-

-

0

36,253

0

107,535

-

-

-

-

Proceeds from credit facility

10,000

-

7,000

9,000

14,000

-

-

-

-

-

-

-

-

Repayments of long-term debt

7,250

4,500

5,500

1,000

6,500

17,000

0

0

27,000

-

-

-

-

Dividends paid

6,205

6,204

6,893

8,025

9,171

-

-

-

-

-

-

-

-

Distributions to non-controlling interests

5,400

5,401

6,346

7,397

8,559

-

-

-

-

-

-

-

-

Distribution equivalent rights paid

42

40

43

56

15

-

-

-

-

-

-

-

-

Proceeds from issuance of Class B common stock to initial stockholder

-

-

-

-

-

-

-

-

-

-

-

0

25

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

25

Net cash used in financing activities

-8,897

-7,145

-11,782

-7,478

-10,245

-25,458

-43,385

0

-134,535

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-354

-

-

-

-4,229

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

20,495

4,396

-22,666

25,114

-24

25

Supplemental disclosure of cash flow information:
Cash paid for interest

519

490

489

374

493

589

300

427

518

-

-

-

-

Non-cash investing and financing activities:
Accounts payable related to property and equipment

-

-

-

-

337

-

161

28

40

-

-

-

-

Right-of-use assets obtained in exchange for operating leases

1,547

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

381

-

-

-

-

-

-

-

-

Accrued bonus paid in stock

113

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs included in accrued offering costs

-

-

-

-

-

-

-

-

-

-

-

127

43

Change in value of common stock subject to redemption

-

-

-

-

-

-

-

-

-

-

-

0

0