Great Elm Capital Group, Inc. GEC Cash Flow

Great elm capital group, inc. (GEC)

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	Dec'10	Sep'10
Cash flows from operating activities:
Net loss
-11,918	-2,027	-3,278	-1,048	4,201	-4,276	-2,009	-2,532	-4,388	-1,202	-3,384	-891	-2,797	-8,134	-3,415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations
-	-	-	-50	3,879	-25	-68	-	-	-	-	-105	0	210	2,098	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,217	-	-9,647	-10,961	-12,118	24,343	-9,431	-7,293	-7,186	-8,709	-12,184	-11,610	-15,110	31,853	-9,537	-10,390	2,641	-19,960	-10,824	-4,535	71
(Income) loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,621	-10,139	-7,381	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,236
Loss on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-750	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
2,934	3,092	3,118	2,642	2,891	2,710	990	562	249	133	180	-	-	-	-	11	12	12	28	27	28	26	26	26	24	24	23	20	19	99	144	401	862	1,176	1,572	1,728	1,785	1,717	1,666
Stock-based compensation
-267	208	293	34	102	169	673	823	918	927	1,757	744	569	468	182	1,193	288	276	272	-778	562	514	467	-751	940	465	445	463	4,476	787	509	4,225	2,961	634	585	548	656	618	661
Unrealized (gain) loss on investments
-9,794	-826	-983	865	807	-3,639	905	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest and amortization of debt issuance costs
251	237	234	234	241	208	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on fixed asset disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2	-	10	-4	6	12	42	297	100	131	161	187	212	237	267	290	315
Amortization of premiums/discounts on investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-3	-9	-15	-28	-27	-28	-54	-53	-16	-69	-147	-237	-300	-262	-204	-264	-307	-284	-293	-338	-346
Realized gain on sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	-	-	-	0	0	34	-115	-	-	-	-	-	-	-	-	-	-	-	-
Gain on change in fair value of consultant incentive award obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	22	294	-	-550	386	409	-	-	-	-	-	-	-	-	-	-	-	-
In kind interest payments on note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,141	1,106	1,070	1,038	1,005	975	943	914	885	858	831	796	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount and issuance costs
-	-	-	-	-	-	-	-	-	-	-	0	0	570	2,232	128	115	184	165	146	129	117	103	93	78	68	87	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on investments at fair value
-	-	-	-	-	-	-	-	-	-	354	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash expense, net
-391	-385	-294	-725	-359	-52	-34	-	0	0	-55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of equipment held for rental
227	200	185	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
0	-940	-195	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery of (provision for) doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	-270	-197	183	-45	28	185
Changes in operating assets and liabilities:
Related party receivable
-201	32	-81	-333	-285	931	-230	-804	-2,057	2,040	894	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
358	-278	-390	753	961	647	450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-88	-	-	-	-	9,253	-9,432	-10,029	14,516	-3,353	2,730	-11,157	2,411
Inventories
-3	209	208	-297	194	-111	152	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial licensing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-84	-83	-228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid assets, deposits, and other assets
409	100	312	181	-8	-649	701	-28	-46	-216	407	-40	-210	-17	348	-704	122	-178	296	-60	-125	-107	255	-327	-314	141	90	-1,165	33	-1,215	-1,193	4,359	-1,330	-9,603	-231	-757	-4,821	-1,231	741
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-	389	-	-392	-3,029	737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	-413	1,367	-1,988	484	-154	1,156	161	296	-1,541	-52	-388	-3,274	-1,869	2,536	1,308	158	1,163	-2,525	1,646	2,945	-2,278	437
Operating leases
-382	-383	-306	-704	-355	15	-31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Related party payable
0	-72	-733	688	-34	143	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued liabilities and other liabilities
1,595	908	945	-467	-65	-817	1,699	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-46	-	-	-	970	291	-28	-5	-412	-275	472	-1,131	-1,559	-1,481	-626	-1,584	-24	11,562	-1,412	734	-98
Fee share obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-20,032	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenues
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,251	-1,251	-1,251	-	-	-	-	-	-	-	-	6,302	-3,927	-4,886	-4,694	1,389	-3,656	-8,905	2,698
Accrued restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-130	-126	-	-148	-165	-176	-2,360	-4,425	-2,588	-3,697	-3,694	-4,836	-3,190	-1,440	-3,125	-4,009	-3,360	-3,388
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-13	0	-253	-253	-80	115	263	0	-17,251	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities - continuing operations
1,438	2,025	1,121	18	563	1,050	-353	-795	231	-1,166	-1,950	-164	-2,695	-3,380	-2,710	2,873	-1,675	-1,150	-332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities - discontinued operations
-	-	-	5	1,501	-25	-68	-	-	-	-	-581	0	6,755	-7,716	-7,986	-10,570	-7,953	-7,787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
1,438	2,025	1,121	23	2,064	1,025	-421	-805	76	-1,166	-1,950	-745	-2,695	3,375	-10,426	-5,113	-12,245	-9,103	-8,119	-10,147	-9,787	-9,936	-30,103	78,648	-6,746	-8,128	10,502	-7,624	-32,248	-15,238	-14,834	-20,417	-9,033	3,276	-17,454	-4,126	-11,473	-3,021	-2,865
Cash flows from investing activities:
Acquisition of business, net of cash acquired
-	-	-	6,343	214	-254	41,821	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of equipment held for rental
1,837	1,469	2,078	2,425	2,083	1,939	401	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of equipment held for rental
350	375	669	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset Acquisition
-	-	-	-	-	-	-	-	-	-	13	-	-	-	-	-	0	7	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	11	1	50	-	-	-	-	0	-7	141	389	-	-	-	-
Settlement related to discontinued operations sold in 2008
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	12,000	-	-	-	-
Payments to vendors related to the sale of discontinued operation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,893	-	-	-	-	-	-	-	-
Purchases of property and equipment
65	509	17	154	423	195	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,569	1,066
Proceeds from sale of property and equipment
0	0	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of discontinued operations, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,236
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,504	3,500	-3	68,336	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5,653	4,361	15,011	14,294	5,586	981	17,770	10,992	6,150	11,329
Proceeds from sales and maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,707	8,003	10,000	10,000	10,000	10,000	10,000	10,000	9,464	7,643	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities - continuing operations
-1,552	-1,603	-1,389	-8,044	-2,720	-1,880	-42,259	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales and maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,190	-	11,678	12,342	7,418	12,400	29,688	10,202	13,130
Purchases of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	948	-	-	-	-	2,555	9,443	5,232	825
Proceeds from sales and maturities of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5	-	1	4	3	-	-	-	-
Net cash used in investing activities
-1,552	-1,603	-1,389	-8,044	-2,720	-1,880	-42,259	-2	-2,353	0	-13	-	-	-	-	30,000	0	3,700	7,975	10,000	10,000	9,970	10,000	3,486	6,489	9,466	-60,743	10,544	15,621	8,707	4,993	31,207	2,290	6,619	-5,949	-4,083	10,201	-2,476	2,146
Cash flows from financing activities:
Proceeds on revolving line of credit
-	-	-	400	370	300	5,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on revolving line of credit
0	1,550	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long term debt
545	529	524	587	519	478	485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from note payable to seller
-	-	-	3,355	0	0	16,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on related party notes payable
-808	-354	-961	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on equipment financing
819	666	580	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from equipment financing
1,074	406	858	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt financing costs
-	-	-	58	0	0	430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payment on related party note payable
-	-	-	-	-	-	-	-	-	-	-	-	250	28,717	7,871	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, gross
-	-	-	136	6	0	1,409	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	12,500	-	-	-	1,271	-	517	65	119	573	454	531	70
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-1	79	941	184	1,339	107	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt and equity issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	5	1,183	284	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	9	52	46	32	62	40	76	90	93	56	70	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities - continuing operations
30,260	-1,893	-1,707	1,542	-2,098	-491	22,549	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
30,260	-1,893	-1,707	1,542	-2,098	-491	22,549	-	-	-	-	-9	-446	14,135	-7,871	-35	-9	-52	-46	-33	-48	-41	3	851	86	100	12,253	36,451	254	7	1,271	1,093	517	175	119	752	454	752	70
Net increase (decrease) in cash, cash equivalents and restricted cash
30,146	-1,471	-1,975	-6,479	-2,754	-1,346	-20,131	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
942	1,403	2,240	774	1,619	1,673	471	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-1,963	-	-	-12,570	-18,297	-	-12,254	-5,455	-190	-180	165	-7	-20,100	82,985	-171	1,438	-37,988	39,371	-16,373	-6,524	-8,570	11,883	-6,226	10,070	-23,284	-7,457	-818	-4,745	-649
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	69	2,028	1,222	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities
Assumption of borrowings in connection with acquisition
-	-	-	0	0	0	9,275	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of non-controlling interests in subsidiary in connection with acquisition
-	-	-	-1	0	0	7,265	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock issued to seller in acquisition
-	-	-	0	0	0	5,266	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration issued in connection with acquisition
-	-	-	116	0	-380	1,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	43	75	884	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability settled with common stock issuance
-	-	-	-	-	-	-	0	0	0	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities and right of use assets arising from operating leases
347	62	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-