OBLONG, INC. GLOW Cash Flow

Oblong, inc. (GLOW)

CashFlow / Quarterly

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
Accrued preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	-	5,000	5,000	5,000	-	5,000	5,000	5,000	-	-185,000	105,000	105,000	-	0	0	0	-	-	-	-
Cash flows from Operating Activities (Net of business combinations):
Net loss
-5,648,000	-640,000	-875,000	-598,000	-2,724,000	-1,470,000	-1,689,000	-1,285,000	-61,000	7,104,000	-590,000	-668,000	-512,000	-1,705,000	-604,000	-712,000	-926,000	-714,000	-269,000	-234,000	-2,120,000	198,000	1,000	-834,000	-1,525,000	-551,000	-150,000	-1,985,000	1,223,000	-592,000	248,000	172,000	284,000	36,000	17,000	32,000
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
860,000	145,000	157,000	159,000	159,000	179,000	185,000	232,000	251,000	451,000	460,000	459,000	450,000	455,000	507,000	547,000	582,000	538,000	560,000	555,000	758,000	623,000	666,000	688,000	709,000	693,000	700,000	758,000	784,000	436,000	425,000	440,000	-	-	-	-
Bad recovery
-	-	-	4,000	-	-	-	-	-6,000	-6,000	10,000	4,000	-	-	0	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	408,000	297,000	276,000
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,000	-15,000	93,000	26,000	-38,000	70,000	31,000	21,000	58,000	53,000	6,000	-15,000
Bad debt expense
-	-	-	-	4,000	-9,000	9,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-107,000	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt (recovery) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Debt Issuance Costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,000	18,000	19,000	23,000	23,000	22,000	22,000	23,000	22,000	22,000	734,000	121,000	60,000	61,000	89,000	4,000	14,000	15,000	16,000	15,000	16,000	15,000
Amortization of debt discount
90,000	0	0	0	165,000	0	0	104,000	-	0	-18,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	619,000	39,000	39,000	30,000	31,000	0	0	0	-	-	-	-
Loss on impairment/disposal of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-141,000	-104,000	-435,000	-	-2,000	1,000	-11,000	-34,000	-13,000	12,000	0
Stock-based compensation
43,000	14,000	24,000	29,000	95,000	111,000	109,000	50,000	81,000	97,000	116,000	164,000	181,000	220,000	216,000	312,000	244,000	233,000	223,000	113,000	154,000	156,000	57,000	233,000	342,000	171,000	82,000	608,000	230,000	229,000	140,000	79,000	53,000	34,000	70,000	77,000
Impairment charges
-	20,000	453,000	0	-	975,000	1,525,000	650,000	-	1,707,000	5,000	0	-	-	-	-	-	4,000	9,000	125,000	-	0	77,000	101,000	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax benefit
-	-	-	-	-	-	-	-	-	284,000	-27,000	-27,000	-	-37,000	-37,000	-37,000	-170,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Accounts receivable
-510,000	-382,000	45,000	67,000	-11,000	-97,000	188,000	80,000	-145,000	-323,000	45,000	2,000	-90,000	-399,000	-590,000	36,000	-312,000	-310,000	-198,000	281,000	-431,000	77,000	-17,000	-564,000	218,000	700,000	-351,000	-388,000	-88,000	-75,000	509,000	64,000	-77,000	-158,000	-62,000	213,000
Prepaid expenses and other current assets
-130,000	-98,000	-145,000	72,000	81,000	-81,000	-149,000	-19,000	-52,000	-169,000	-102,000	60,000	83,000	40,000	336,000	-34,000	-36,000	110,000	-154,000	-187,000	83,000	360,000	172,000	6,000	-187,000	-153,000	-60,000	-93,000	279,000	-15,000	101,000	-49,000	-67,000	-80,000	9,000	91,000
Other assets
-419,000	-26,000	-26,000	-24,000	7,000	0	0	0	-	-	-	-	-	-	-	-	-36,000	48,000	1,000	-28,000	-30,000	9,000	-42,000	-8,000	-492,000	293,000	-5,000	-10,000	-44,000	-16,000	50,000	-12,000	0	-5,000	42,000	1,000
Accounts payable
-73,000	116,000	101,000	-15,000	-138,000	57,000	-6,000	-28,000	136,000	90,000	-47,000	83,000	-39,000	9,000	-318,000	38,000	-470,000	207,000	-778,000	206,000	-115,000	-915,000	483,000	-179,000	-590,000	427,000	-43,000	-293,000	52,000	-8,000	246,000	-259,000	-207,000	-300,000	-612,000	168,000
Accrued expenses and other liabilities
-405,000	136,000	-559,000	136,000	192,000	59,000	-311,000	-139,000	-204,000	228,000	-38,000	56,000	-46,000	-229,000	26,000	-78,000	-	-56,000	244,000	-116,000	-	704,000	-481,000	44,000	-	-	-	-	-	-	-	-	-	-	-	-
Accrued sales taxes and regulatory fees
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-207,000	207,000	-	-	-	-	-	-	-	-	-	-	-	133,000	-41,000	187,000	-482,000	-57,000	-161,000	-165,000	93,000	-351,000
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,000	0	28,000	-11,000	-7,000	-16,000	-69,000
Accrued sales taxes and regulatory fees
-	-	-	-	-	-	-	-	-	-43,000	13,000	-55,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-50,000	0	25,000	-1,000	41,000
Net cash used in operating activities
-2,585,000	300,000	-560,000	-408,000	-546,000	80,000	-217,000	-472,000	536,000	1,044,000	11,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	114,000	410,000	-68,000	365,000	635,000	340,000	-120,000	-103,000
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21,000	-29,000	-32,000	-30,000	-15,000	11,000	28,000
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-47,000	-46,000	358,000	-	413,000	367,000	602,000	-	314,000	712,000	534,000	-	458,000	1,090,000	264,000	114,000	410,000	-68,000	415,000	635,000	315,000	-119,000	-144,000
Cash flows from Investing Activities:
Proceeds on sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	11,000	12,000	0	0	0
Purchases of property and equipment
28,000	0	8,000	9,000	24,000	89,000	174,000	48,000	40,000	33,000	24,000	36,000	109,000	90,000	105,000	78,000	190,000	232,000	292,000	533,000	585,000	510,000	647,000	434,000	103,000	518,000	111,000	124,000	193,000	194,000	244,000	109,000	147,000	239,000	113,000	441,000
Proceeds from sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	3,000	-	0	4,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
2,166,000	0	-8,000	-9,000	-24,000	-89,000	-174,000	-48,000	-40,000	-33,000	-24,000	-36,000	-109,000	-90,000	-105,000	-78,000	-190,000	-232,000	-292,000	-530,000	-585,000	-510,000	-643,000	-434,000	-149,000	-518,000	-109,000	-124,000	-7,755,000	-194,000	-244,000	-98,000	-135,000	-239,000	-113,000	-441,000
Cash flows from Financing Activities:
Principal payments for capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,000	56,000	48,000	43,000	41,000	0	0	0
Costs of preferred stock exchange
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	5,000	-	106,000	0	0	-	-	-	-	-	-	-	-
Principal payments for capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	12,000	18,000	-	67,000	66,000	65,000	-	63,000	63,000	59,000	-	-	-	-	-	-	-	-
Principal payments under borrowing arrangements
0	0	0	0	0	0	0	1,832,000	264,000	341,000	0	0	-	-	-	-	-	-	-	-	100,000	47,000	53,000	49,000	-780,000	500,000	280,000	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	0	7,000	0	0	0	0
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	59,000	-157,000	24,000	0	133,000	-	199,000	0	0	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,000	298,000	118,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from preferred stock, net of expenses
-	0	0	0	-	0	0	1,527,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of treasury stock
0	16,000	34,000	1,000	1,000	91,000	-1,000	53,000	0	2,313,000	0	12,000	0	0	0	13,000	1,000	0	0	139,000	0	0	36,000	30,000	0	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
3,750,000	-16,000	-34,000	-1,000	-1,000	-91,000	1,000	-358,000	2,011,000	-669,000	0	-12,000	-12,000	0	-400,000	-13,000	374,000	-87,000	-315,000	-139,000	145,000	248,000	-154,000	-208,000	-96,000	-693,000	-343,000	-192,000	8,209,000	-255,000	-48,000	-36,000	-41,000	0	0	0
Increase (decrease) in cash and cash equivalents
3,331,000	284,000	-602,000	-418,000	-571,000	-100,000	-390,000	-878,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	2,507,000	342,000	-13,000	-30,000	-203,000	-137,000	-551,000	267,000	39,000	94,000	-240,000	-67,000	-215,000	52,000	-85,000	-108,000	243,000	-753,000	638,000	-52,000	568,000	-39,000	-360,000	231,000	459,000	101,000	-233,000	-544,000
Supplemental disclosures of cash flow information:
Cash paid during the period for interest
105,000	0	0	0	0	0	2,000	316,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	276,000	266,000	275,000	278,000	282,000	281,000	278,000	279,000	287,000	355,000	345,000	329,000	328,000	328,000	342,000	272,000	294,000	292,000	378,000	14,000	18,000	11,000	20,000	15,000	14,000	18,000
Non-cash investing and financing activities:
Settlement of liabilities with restricted stock and stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3,000	0	48,000
Accrued capital expenditure
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	20,000	48,000	-70,000	0	151,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Recognition of prepaid equity issuance costs as additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	0	134,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Reduction of debt in connection with severance obligations related to acquisition of Affinity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	240,000	-	0	0	0	-	-	-	-
Issuance of restricted stock to settle accrued 2013 bonuses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	165,000	-	-	-	0	-	-	-	-	-	-	-	-