Glu mobile inc (GLUU)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net income/(loss)

-8,273

10,790

-5,089

2,507

663

-1,322

-256

-4,415

-7,206

-39,567

-11,669

-23,570

-22,764

-17,214

-43,728

-17,948

-8,550

-2,958

158

-5,509

1,124

1,379

10,404

-3,768

133

-3,523

-7,968

-2,921

-5,497

-7,067

-3,563

-2,988

-6,841

-10,019

-6,158

-1,752

-3,172

Adjustments to reconcile net income/(loss) to net cash used in operating activities:
Impairment and amortization of intangible assets

-

-

-

-

-

2,017

4,167

1,468

1,467

1,535

2,363

3,171

3,262

2,811

7,321

2,336

2,324

2,336

2,391

2,466

2,561

2,561

1,465

568

681

1,121

1,311

1,573

1,569

1,568

1,520

1,427

1,248

2,047

2,705

703

817

Amortization of loan agreement costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

0

32

40

Non-cash foreign currency translation loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

148

-149

-227

-126

-290

-981

-347

-31

-136

-131

-158

137

129

263

-460

205

-373

-116

344

363

198

Stock-based compensation

6,382

4,461

4,080

2,035

6,807

7,062

5,879

5,343

6,308

4,424

3,575

3,523

3,541

3,667

3,090

2,961

3,545

3,469

3,056

3,032

2,129

2,134

1,954

4,566

2,979

1,584

720

736

1,245

1,826

-2,878

3,038

3,836

1,370

838

505

397

Depreciation

1,343

1,072

1,065

1,025

1,063

968

950

961

976

748

827

830

790

802

769

720

656

705

718

732

706

669

617

607

620

682

633

661

731

696

554

556

562

543

470

406

427

Non-cash restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

333

-89

-

0

0

0

-

-

-

-

Impairment of prepaid royalties and minimum guarantees

-

-

-

-

-

612

0

0

99

26,067

464

0

792

123

29,836

105

43

-

-

-

-

37

80

110

30

0

435

0

0

-

-

-

-

0

160

0

371

Non-cash lease expense

996

1,013

926

643

766

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

888

-

-

-

1,252

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

-115

1,896

135

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

490

-570

-2,120

300

-

-

-

-

-1,670

0

531

304

56

-31

-47

29

90

-954

386

645

-

-

-

-

Other non-cash adjustments

-487

58

-223

513

-504

-99

-27

-123

-846

-17

1,847

115

-368

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

156

-142

-152

-24

16

-13

5

19

-19

139

155

6

-30

236

-11

101

Changes in operating assets and liabilities:
Accounts receivable

13,491

-15,553

4,746

5,426

7,356

-10,626

29

3,821

-252

480

1,915

5,091

5,575

3,229

-284

-2,209

-1,138

-7,937

1,587

534

-7,592

-1,582

14,088

-4,686

1,375

7,053

823

-1,945

609

-2,605

-1,090

56

1,209

2,060

-3,726

406

1,324

Prepaid royalties

6,310

-205

-762

208

370

88

-74

-1,012

1,945

4,460

3,696

-1,495

12,207

536

11,428

-517

5,228

6,388

14,741

1,060

9,587

61

4,970

-2

180

-

-

-

-

-

-147

-228

-79

-

105

-439

-928

Deferred royalties

1

-410

592

1,072

-597

122

-69

767

15

355

-153

1,031

-145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred platform commission fees

-232

-1,346

3,971

1,861

-1,109

759

412

2,768

1,477

707

1,107

3,583

3,479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

128

789

1,238

327

-397

-1,280

134

1,017

-1,216

347

572

1,690

1,542

-3,321

753

-234

634

-2,685

1,419

1,171

-1,954

414

9,859

-2,214

1,064

2,382

-238

-289

129

-1,126

784

433

268

-1,733

382

611

-886

Accounts payable and other accrued liabilities

7,494

-6,297

-4,261

6,396

7,252

-7,662

946

2,244

-6,237

-1,318

4,584

3,276

-1,319

2,526

714

219

-259

-760

-934

-212

-54

2,480

-3,926

-1,471

-1,381

3,041

-1,434

1,190

550

-616

723

496

-1,189

-359

-427

1,145

243

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

-163

100

-

-

-

-

-

-

-

-

-204

15

152

-120

-82

-341

-54

18

-110

-39

-13

-15

Accrued compensation

-1,829

3,583

148

-64

-10,303

4,707

2,635

3,719

-13,768

5,051

462

6,540

-3,959

2,331

1,344

3,498

-2,596

1,583

-4,439

1,837

-2,620

2,535

-254

2,563

415

1,446

1,029

-490

-1,075

-1,357

68

910

-921

545

95

831

-493

Accrued royalties

-2,939

-1,743

2,474

-1,082

-678

-1,327

2,338

-71

-1,887

706

2,646

17

756

-693

2,607

-730

-1,129

-3,175

2,127

-1,431

-2,591

728

9,449

-55

109

34

-541

-511

-477

-71

-474

-70

-518

-619

-329

-1,146

-1,308

Deferred revenue

-803

-4,487

13,296

6,380

-3,296

2,533

1,385

9,169

4,860

3,011

4,533

13,247

11,748

10,939

-818

2,492

-362

-3,031

2,929

566

-6,672

3,154

19,147

-5,941

2,450

7,678

419

-1,477

-121

432

-619

497

370

6,652

482

234

735

Accrued restructuring

-

-

-

-

-

-

-

-

-

-

425

-313

755

-110

-588

970

-342

-

-

-

-

-

-

-

-

0

-116

-378

333

-114

-423

-85

-261

-410

-307

-358

-500

Other long-term liabilities

1

-342

-35

32

-20

253

6

3

46

4,604

-151

-163

-327

-88

-30

-6

-57

-1,056

-258

-97

-37

-144

-8,442

27

-39

-420

124

-2,807

28

79

-834

-2,230

-74

-2,513

-335

-92

-56

Operating lease liabilities

901

5,224

-726

-2,251

775

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-16,852

24,936

3,356

9,277

-2,388

18,877

17,645

12,229

-16,465

5,099

-925

-3,395

-29,015

-182

-9,792

1,980

-11,790

2,639

-7,818

-1,174

-5,112

19,331

2,475

4,974

3,794

1,941

-5,893

-1,884

-3,742

-1,621

-2,556

1,572

-4,144

-4,257

108

-457

-2,121

Cash flows from investing activities:
Purchase of property and equipment

4,830

1,838

1,318

990

1,137

1,450

297

605

1,010

7,693

2,900

338

413

1,368

796

298

608

1,213

533

506

499

1,375

680

444

793

1,394

543

427

358

274

591

863

286

736

619

875

478

Proceeds from divestiture of Moscow studio

-

-

-

-

-

0

0

1,000

1,726

-

-

-

-

-

-

-

-

-2

282

1,283

351

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in Plain Vanilla Corp and Dairy Free Games, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,500

7,000

-

-

0

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of intangible assets (including purchase of intangible assets from a related party of $0, $0, and $2,500 for the year ended December 31, 2018, December 31, 2017, and December 31, 2016, respectively)

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

-

0

0

55

100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

200

-

0

0

0

-

-

-

-

Net cash used in investing activities

-4,830

-1,838

-1,318

-1,045

-1,237

-1,450

-297

395

716

-8,293

-4,559

-1,148

-413

-38,006

-1,154

-2,462

-10,108

-3,712

-323

-1,789

-1,100

-1,805

-22,797

-793

-793

-1,647

-543

-2,157

-558

-274

322

-5,863

-286

-736

9,723

-875

-478

Cash flows from financing activities:
Payments on line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,288

MIG loan payments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

698

Proceeds from exercise of stock options and purchases under the ESPP

11,231

2,321

2,197

469

2,978

1,150

3,770

3,055

1,303

2,500

850

3

778

8

1,135

-100

1,129

89

1,049

2,710

1,601

190

1,913

584

4,660

724

567

164

818

136

1,237

117

1,096

121

521

1,045

306

Taxes paid related to net share settlement of equity awards

1,720

771

1,220

2,461

3,956

1,484

1,844

2,814

955

1,455

673

859

381

803

301

724

577

615

536

1,549

318

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock warrants and issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

300

365

10

0

2,003

0

783

0

92

1,742

2,495

0

469

75

75

139

405

2,417

750

Excess tax benefit from stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-71

101

63

14

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from public offering, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-211

15,872

Net cash provided by/(used in) financing activities

9,511

1,550

977

-1,992

-978

-334

1,926

241

348

4,045

177

-856

397

-7,347

579

-569

552

-596

896

126,763

1,307

-267

3,482

30,297

5,443

495

14,873

1,906

3,313

136

1,706

192

1,171

260

926

3,251

13,942

Effect of exchange rate changes on cash

-174

-40

-68

-47

-36

-40

-11

-145

-57

-26

-17

-50

-69

-64

-155

-195

87

-138

-56

167

-324

-615

-348

24

14

49

90

20

-92

33

47

-311

-11

76

-288

93

182

Net decrease in cash, cash equivalents and restricted cash

-12,345

24,608

2,947

6,193

-4,639

17,053

19,263

12,720

-15,458

825

-5,324

-5,449

-29,100

-45,599

-10,522

-1,246

-21,259

-1,807

-7,301

123,967

-5,229

16,644

-17,188

34,502

8,458

838

8,527

-2,115

-1,079

-1,726

-481

-4,410

-3,270

-4,657

10,469

2,012

11,525

Supplemental disclosures of cash flow information
Common stock issued for property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

189

-

0

0

0

-

-

-

-

Common stock issued as contingent consideration earned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,071

180

1,499

2,071

0

0

0

2,263

-

-

-

-

-

-

-

-