FINJAN HOLDINGS, INC. FNJN Cash Flow

Finjan holdings, inc. (FNJN)

CashFlow / Quarterly

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
-4,189	-5,938	-2,580	-1,970	-6,002	-7,900	-7,619	7,038	29,219	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-4,237	-2,830	15,950	-	-3,302	899	-1,163	-	-4,700	-2,641	-4,202	-	676	-4,392	-725	-	-	-	-	-	-	-	-	-	-	-	-
Net Loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,376	-1,191	-767	-	601	-2,935	2,968	-9,587	-5,996	-548	-1,848
Adjustments to reconcile net loss to net cash used in operating activities:
Loss on discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-121	1,142	-1,278	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
513	513	513	515	497	500	497	474	329	558	232	13	12	21	15	13	14	15	9	19	7	-354	115	121	132	92	112	37	0	-	-	-	-	-	-	-	-
Non-cash lease expense
100	134	125	141	100	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-	-	-	-	-	0	1,046	293	2,106	-687	-1,530	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-26	133	23	2,582	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
266	274	197	251	246	369	471	435	318	202	222	210	209	190	229	311	142	124	187	100	355	477	353	280	338	-	64	465	0	-	-	-	-	-	-	-	-
Net effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-32	-44	102	-1	-14
Net Increase Cash and Cash Equivalents
-	-	-	-	-	-	-	-	-	-	-6,489	13,450	12,756	2,115	-5,666	12,167	-1,039	-1,055	-4,749	-3,100	-2,500	-2,867	-169	-2,990	-1,049	-2,572	-1,371	-828	-62,194	63,224	7,283	-6,594	-178	-734	-838	1,004	-2,216
Supplemental Disclosures of Cash Flow Information:
Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	25,325	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Accretion of Preferred Stock
-	-	-	-	-	-	0	0	925	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment in exchange for finance agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-13	15	-	-	-	-	-	-	-	-	-	-	-	-
Dividend of investments to parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	12,784	-	-	-	-	-	-	-	-
Changes in accounts receivable, adoption of ASC606
570	-5,900	5,900	0	-2,550	-1,300	-1,300	2,600	-2,606	2,606	-9	7	-1,064	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-3,225	-	-	-	2,337	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization expense of intangible assets and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165	286	228	361	321
Depreciation and amortization of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	77	80	79	50
Amortization of discount and premium on investments
-13	-31	-76	-75	-79	1,483	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	733	-	-	-	1,998
Deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	-2	-	0	0	0	-	-	-	-	-	-	-	-
Common stock issued as compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,115	2,358	-801
Changes in operating assets and liabilities:
Provision for losses on accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-75
Interest expense in relation to issuance of convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	451	0	0	0	268
Gain on change in fair value of obligations to issue shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-	-	-	-
Gain on change in fair value of obligations to issue shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	67
Gain on settlement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	225
Loss on debt modification
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-201	-	-	-	-
Loss on abandonment of asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-123	-	-	-	-
Gain on change in fair value of derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,494	-1,128	-2,297	6,851	2,397
Accounts receivable
570	-5,900	5,900	0	-2,550	-1,300	-1,300	2,600	-2,606	2,606	-9	7	-1,064	1,066	0	0	0	0	0	-55	-1,961	-81	1,880	203	1	-57	-207	112	0	-90	90	-219	219	-238	-463	468	-63
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	19	27	-	-15	16	0	-	-111	23	-23	47	18	-135	217
Prepaid expenses and other assets
3,157	-1,646	-105	-3,774	-767	3,762	2,233	118	-84	-100	132	128	-8	103	-4	-95	-38	406	23	153	-47	-32	-44	25	64	-97	71	108	0	-41	44	-84	84	-270	23	-98	148
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-31	-	65	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-86	324	-6	0	0	0	1	0	0	8	-4	0	-1	1	4	-7	7	-25,325	-	-	-	-	-	-	-	-
Lease liability
-131	-129	-124	-122	-110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-437	-	-	-	162	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Lease, Payments
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	70	0	231	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deposits and other non-current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25	-55	14	10	-9
Accounts payable
-	-	-	-	-	-	-302	-13,171	11,461	-	-727	-1,445	3,145	-274	936	-985	-39	72	669	152	-348	21	703	157	378	7	-447	268	-2,159	1,468	1,109	-1,065	227	58	-56	-354	-612
Accounts payable - related parties
-75	75	13	-25	-138	51	99	-12	-87	-	-	2	-65	75	-5	-3	4	9	0	-10	-82	87	0	-6	4	-2	0	0	0	-	-	-	-	-	-	-	-
Accrued expenses
262	-1,953	-664	1,162	1,321	-589	-913	-1,206	1,799	799	137	-682	-783	-466	-665	2,517	-4	13	-361	-44	42	-32	-72	382	240	-37	212	-521	0	20	47	-55	55	-77	10	-61	-180
Accrued income taxes
-	-	-	-	-	-	-5,041	-3,898	8,939	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
66	-	-1,402	104	118	-	-982	131	355	-	117	-2	-13	-	-	-	-	-	-	-	-	-	-	-17	-3	-	0	0	0	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	-	-	-
Net cash used in operating activities
-4,108	-1,079	-8,889	2,969	-2,886	-7,955	-13,544	-12,611	59,711	7,774	-6,083	-4,956	19,851	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,316	3,124	-3,176	-744	-550	-804	-2,104	-2,259
Total Adjustments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	282	-	-15	3	27,484	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,799	2,851	-1,039	-	-4,224	-3,793	-2,443	5,116	-222	-2,583	-1,007	4,020	-1,361	-1,194	-28,251	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Patent costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	14	2	11
Purchase of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	495	-	-	-	-
Purchase of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	-	-	-
Purchase of fund investment
-	-	-	-	-	-	350	0	550	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of marketable securities
3,010	5,387	6,562	8,850	3,763	11,303	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Redemptions and maturities of marketable securities
7,500	4,800	5,150	6,600	1,797	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11	54	133	77	1	1	-23	42	-	-	-	-	-2	2	0	0	138	123	212	725
Leasehold improvements
0	-	6	408	31	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from fund investment
-	-	-	-	-	-	-	-	-	-	0	0	-127	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
4,490	2,951	-1,618	-3,158	-1,997	-11,303	-350	-1,000	-550	0	-2,000	0	127	0	-309	-250	0	-261	-554	693	-77	674	-1	-477	-42	-	-	-	-	-811	1,097	-1,099	-501	-139	-137	-214	-737
Cash flows from financing activities
Redemption of Preferred shares
-	-	-	-	-	0	0	0	19,890	1	0	6,555	7,222	200	2,593	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of loan from former parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33,943	-	-	-	-	0	0	0	125
Proceeds from exercise of stock options
20	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	5	29	0	20	8	54	70	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from short-term notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,157	0	-255	-5,165	920
Deferred financing costs for short-term notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	-	-	-	-
Net cash provided by financing activities
20	0	0	0	0	127	22	-1,815	-19,890	0	1,594	18,406	-7,222	-200	-2,558	9,566	0	5	29	0	20	8	54	70	0	-1	0	-204	-33,943	-4,330	3,111	-2,351	1,100	0	0	3,325	795
Net increase (decrease) in cash and cash equivalents
402	1,872	-10,507	-189	-4,883	-19,131	-13,872	-15,426	39,271	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in deferred tax, adoption of ASC-606 (see NOTE 1)
-3,225	-	-	-	2,337	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	5	10	8	4
Fair value of derivatives issued in conjunction with debt and equity financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,713	0	0	3,398	1,268
Discount on convertible note issued in connection with financings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,261	-	-	-	-
Equipment acquired through assumption of accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-121	-182	1,000
Reclassification of warrant liability to equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,650
Common stock issued as settlement of discontinued operations obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,344
Accounting Standards Update 2014-09
Changes in accounts receivable, adoption of ASC606
-	-	-	-	-	0	0	0	2,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
-	-	-	-	-	0	0	0	2,550	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-