Fte networks, inc. (FTNW)
CashFlow / Quarterly
Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
Cash flows from operating activities:
Net loss

-10,843

-12,027

-13,558

-10,164

-85,570

2,550

-5,093

-3,970

-3,045

-1,032

-1,058

-1,099

546

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,720

-509

219

-3,803

-1,524

-567

-804

-397

-1,834

-1,635

Amortization of deferred financing costs

-

-

-

2,584

-

-

-

960

397

109

109

109

72

-

-

-

0

156

167

232

83

83

69

15

Extinguishment loss

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Forbearance incentive expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-317

388

456

407

316

155

151

138

141

138

127

109

96

45

22

31

-

-

-

-

-

-

-

-

Amortization of debt discount

-

5,557

13,264

5,107

-

1,242

3,120

46

55

55

54

54

36

0

0

0

-

0

0

48

47

48

37

0

Amortization of intangible assets

1,245

2,253

2,253

2,253

3,652

3,014

2,310

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax income taxes

-

122

-77

563

-

0

0

0

-

-

-

-

-

-

-

-

-

14

15

15

15

14

15

15

Provision for bad debts

-

2,599

0

0

-

0

266

34

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Change in warrant valuation

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Provision for obsolete inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

-5

10

15

15

15

Provision for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

276

13

1

27

323

101

37

Change in fair value of warrant derivative liability

-

0

0

0

-

-2,033

-1,021

2,200

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock incentive expense to investor

-

-

-

-

-

-

-

-

-

-

-

35

-

-

-

-

-

-

-

-

-

-

-

-

Payment in-kind interest-debt on notes payable

1,213

-537

1,188

303

982

167

446

0

83

84

82

80

48

0

0

0

0

0

0

0

0

-85

130

26

Payment in kind interest - note payable

-

393

-186

297

-

0

-84

84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment in-kind interest on related party notes payable

427

429

439

435

1,310

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation

16,755

467

748

468

2,673

-300

1,756

214

446

-18

190

0

0

473

-50

50

0

185

247

251

214

305

227

276

Stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

342

-

-

-

-

-

-

-

-

-

-

-

Gain on lease termination costs

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

109

111

112

-33

125

126

132

Amortization of original issue discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Gain on extinguishment of debt

-

-

-

-

-

-

-

-

-

-

-

-

3,431

-

-

-

0

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-1,614

3,119

-1,429

11,922

15,962

16,485

11,030

2,931

24

2,926

1,398

1,254

231

-687

-950

470

887

2,013

-633

-83

-1,204

1,662

-546

-193

Cost and estimated earnings in excess of billings on uncompleted contracts

-

2,155

-2,346

-6,673

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

3,389

-529

745

-376

-1,862

971

-61

484

185

313

-186

474

-4

1,131

229

-43

-59

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

40,663

-7,024

-6,845

9,326

17,568

7,675

5,544

274

-2,710

336

215

349

1,076

2,288

551

979

199

-

-

-

-

-

-

-

Due to related party

67

-594

763

-211

-352

189

-36

90

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Billings in excess of costs and estimated earnings on uncompleted contracts

-

-

-

-11,788

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Litigation Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

70

-110

-

-

-

-

-

-

-

-

Inventory

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

-5

95

-39

1

-16

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-559

233

219

1,093

-685

260

100

Accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

185

64

-812

1,083

-241

-33

-575

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-352

-817

1,380

-

-528

101

1,029

Net cash provided by operating activities

27,520

-6,489

2,116

-5,293

8,918

-6,042

4,498

-3,414

-4,746

-3,218

-1,527

-2,088

-1,437

-

-

-

-

-242

-1,324

524

199

-188

-761

-556

Cash flows from investing activities:
Net cash (used in) provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

586

13

-399

-

-

-

-

-

-

-

Purchase of property and equipment

-2,582

1,154

1,518

541

-295

1,640

1,419

972

848

-114

99

14

94

19

-118

70

153

0

30

85

23

0

60

35

Proceeds Investments / Restricted Cash

-

-

-

-

-

-

-

-

-

-

-620

-2,252

3,003

0

0

0

0

-

-

-

-

-

-

-

Net cash used in investing activities

2,582

-1,154

-1,518

-541

295

-1,640

-16,253

-972

-809

205

521

2,237

-3,097

-

-

-

-

0

-30

-85

-23

0

-60

-35

Cash flows from financing activities:
Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

118

-70

-153

-

-

-

-

-

-

-

Payments on factor line of credit, net

-

-

-

-

-

-

-

-

-

-

-

-

-600

-123

-75

-184

0

-

-

-

-

-

-

-

Payments on senior secured notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

646

305

2,707

0

0

0

0

Proceeds from issuance of notes payable, net

-20,310

7,262

7,292

6,406

-5,670

2,342

1,781

2,947

5,781

2,225

275

0

8,000

-

-

-

0

-

-

-

-

-

-

-

Payments on notes payable, capital leases and settlement notes

-19,807

6,807

3,550

11,431

-171

201

960

345

-121

245

182

263

2,194

-101

238

0

6

35

42

67

66

65

63

385

Proceeds from issuance of senior note payable, net

1,170

10

912

23

1,085

610

11,000

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes payable-related parties

-

-

-

-

-

-

-

-

-

-

-

-

62

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of senior notes payable, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

269

3,260

0

0

1,290

1,377

Proceeds from issuance of notes payable -related parties

-

-

-

-

-

-

-

-

-

-19

-79

-96

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of notes payable-related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-210

210

0

-

-

-

-

-

-

-

Payments on notes payable - related parties

-

-

-

725

-

-

-

0

102

12

-0

32

0

210

600

-600

-

0

0

0

0

0

0

940

Payment of deferred financing costs

-

-

-

-

-

-

-

-

-

473

21

0

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds for shares to be issued

-

6,232

-5,437

5,437

-

250

0

615

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayment of subscriptions receivable

-

-

-

-

-

-

-

-

-

-

-

-

-140

-

-

-

-600

-

-

-

-

-

-

-

Proceeds from sale of common stock

7,370

-5,733

5,533

200

3,312

0

7

19

925

1,703

0

0

0

-

-

-

-

-

-

-

-

-

-

-

Proceeds from notes payable - related party

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

0

0

0

0

310

Payment of deferred financing costs

162

121

177

80

521

0

-260

260

-

-

0

0

874

-

-

-

0

-

-

-

-

-

-

-

Proceeds from sale of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

0

0

160

0

344

263

0

Net cash (used in) provided by financing activities

-23,390

217

2,648

-170

3,275

3,001

19,588

2,976

6,688

3,217

927

-200

4,532

-

-

-

-

-681

222

646

-66

279

1,490

362

Net change in cash

-

-7,162

3,246

-6,004

-

-4,681

7,832

-1,409

1,403

-66

-79

-50

-2

-

-

-

-

-

-

-

-

-

-

-

Net (cash used) in provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-703

205

593

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105

-62

141

57

-43

-131

91

Net change in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

147

40

-818

-1,194

1,226

167

48

538

-138

Supplemental disclosure of cash flow information:
Cash paid for interest

3,033

1,011

172

867

-2,393

1,824

1,794

734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

184

459

264

106

-18

169

94

138

135

84

107

87

60

31

Cash paid for income taxes

-

-7

10

0

-

231

173

0

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

Non-cash investing and financing activities:
Common stock shares issued to settle legal matter

-

-28

0

300

-

111

1

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock shares issued for notes payable and other debt

-

-2,269

1,940

5,660

-

180

225

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes payable for the purchase of fixed assets

-

-

-

-

-

-

-

-

-204

163

466

164

-

696

327

195

94

-

-

-

-

-

-

-

Common stock shares issued for notes payable and other debt

-

-

-

-

-

-

-

-

-

888

10

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock shares issued to senior lender

-

0

0

0

-

-1

3,083

2,568

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock shares issued to board members

-

104

0

447

-

62

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes payable for the purchase of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

1,127

-

-

-

-

-

-

-

-

-

-

-

Common stock issued for legal settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Common stock issued for notes payable

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

Common stock issued for accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Issuance of notes to settle accrued litigation

-

-

-

-

-

-

-

-

-

0

0

146

288

200

0

0

0

-

-

-

-

-

-

-

Issuance of notes to settle accounts payables

-

-

-

-

-

-

-

-

-

597

-0

123

-

430

0

0

-

-

-

-

-

-

-

-

Preferred stock issued for notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Accrued dividends, preferred stock

-

20

20

20

-

20

20

20

-

-

-

19

19

19

19

19

19

-

-

-

-

-

-

-

Common stock shares issued to employees under employment agreement for future services

-

0

0

0

-

46

751

3,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred shares issued -Investors incentive

-

-

-

-

-

-

-

-

-

-155

154

0

-

-

0

0

-

-

-

-

-

-

-

-

Common shares issued to employees under employment agreement for future services

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Common stock shares issued to consultants for services to be rendered

-

674

-1,721

2,455

-

349

887

332

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common shares issued to consultants

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Cancellation of preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Repayment in kind of subscription receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

60

60

-

-

-

-

-

-

-

Unpaid subscription for preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

0

-983

-42

592

783

-

-

-

-

-

-

-

Preferred shares issued to settle rent obligations

-

-

-

-

-

-

-

-

-

-

-

-

25

-

-

-

-

-

-

-

-

-

-

-