Greenlane holdings, inc. (GNLN)

CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18
Cash flows from operating activities:
Net (loss) income (including amounts attributable to non-controlling interests)

-39,824

-38,126

-29,300

-25,851

-5,888

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

2,705

2,456

2,208

1,930

1,489

0

0

0

Debt issuance costs on convertible notes

-

-

0

0

-

-

0

0

Debt issuance costs on convertible notes

-

-

0

0

-

-

-

-

Equity-based compensation expense

8,020

0

0

0

-

-

-

-

Deferred IPO offering costs

-

-

-

0

-

-

-

-

Change in fair value of convertible notes

-12,063

0

0

0

-

-

-

-

Provision for doubtful accounts

352

521

1,095

993

658

0

0

0

Provision for slow moving or obsolete inventory

1,215

-10

-200

12

-36

0

0

0

Loss from equity method investments in associated entities

-

-

-

-

-234

0

0

0

Other

-32

0

0

0

-

-

-

-

Changes in operating assets and liabilities, net of the effects of acquisitions:
Accounts receivable, net

-635

-750

6,070

5,541

4,993

0

0

0

Vendor deposits

1,503

2,242

1,406

917

5,579

0

0

0

Inventories

12,954

14,416

25,400

7,643

11,941

0

0

0

Other current assets

1,993

-416

894

712

709

0

0

0

Accounts payable

-11,261

-22,661

9,987

-6,152

2,664

0

0

0

Accrued expenses

3,132

739

-1,976

4,201

3,692

0

0

0

Payments of operating leases

-

0

0

0

-

-

-

-

Net cash used in operating activities

-36,903

-42,036

-25,928

-18,003

-13,578

0

0

0

Cash flows from investing activities:
Acquisitions, net of cash acquired

1,159

1,283

-91

-90

-785

0

0

0

Purchases of property and equipment, net

2,020

11,633

11,401

11,187

10,897

0

0

0

Purchase of intangible assets, net

53

16

76

63

29

0

0

0

Investment in equity securities

500

0

0

0

-

-

-

-

Net cash used in investing activities

-3,732

-13,507

-11,961

-11,735

-10,216

0

0

0

Cash flows from financing activities:
Deferred offering costs paid

3,523

0

0

0

-

-

-

-

Proceeds from issuance of convertible notes

8,050

0

0

0

-

-

-

-

Payment of debt issuance costs

1,734

0

0

0

-

-

-

-

Payments on long-term debt

-

-

-

-

565

0

0

0

Proceeds from notes payable

-

-

-

-

8,500

0

0

0

Payments on notes payable

169

0

0

0

-

-

-

-

Proceeds from line of credit, net

-

-

-

-4,365

-611

0

0

0

Increase in finance lease obligations

-

-

-

-

-

-

-

0

Payments of finance lease obligations

107

112

130

127

122

0

0

0

Redemption of Class A and Class B units of Greenlane Holdings, LLC

3,018

0

0

0

-

-

-

-

Member distributions

898

1,520

1,521

643

1,630

0

0

0

Net cash provided by financing activities

80,979

104,867

105,699

29,446

29,132

0

0

0

Effects of exchange rate changes on cash

88

101

126

-29

-77

0

0

0

Net increase in cash

40,432

49,425

67,936

-322

5,261

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for interest

975

3,748

3,314

3,744

3,182

0

0

0

Cash paid during the period for income taxes

498

0

0

0

-

-

-

-

Cash paid for amounts included in the measurement of operating lease liabilities

1,119

0

0

0

-

-

-

-

Operating cash flows for finance leases

-

0

0

0

-

0

0

0

Financing cash flows for finance leases

-

0

0

0

-

0

0

0

Non-cash investing activities and financing activities:
Redeemable Class B Units issued for acquisition of a subsidiary, net of issuance costs

6,514

6,664

6,664

6,664

8,890

0

0

0

Deferred offering costs included in "Accounts payable" and "Accrued expenses and other current liabilities"

0

0

0

0

-

-

-

-

Leased assets obtained in exchange for new finance lease liabilities

86

0

0

0

-

-

-

0

Leased assets obtained in exchange for new operating lease liabilities

5,573

0

0

0

-

-

-

-