GenMark Diagnostics, Inc. GNMK Cash Flow

Genmark diagnostics, inc. (GNMK)

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
Operating activities:
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-13,917	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-7,008	-10,287	-11,675	-13,308	-12,080	-11,563	-10,993	-16,521	-11,423	-	-	-	-	-12,678	-12,057	-12,908	-12,958	-8,782	-11,394	-12,152	-9,869	-8,612	-9,658	-11,210	-8,783	-10,632	-10,817	-8,019	-4,175	-4,693	-6,253	-5,599	-5,558	-5,436	-6,312	-5,580	-6,642
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
1,799	1,875	1,777	1,804	1,812	1,807	1,774	1,767	1,740	1,506	1,357	1,237	1,217	1,177	948	891	900	905	868	835	797	786	703	593	574	618	876	538	498	280	342	312	264	378	326	333	289
Net amortization (accretion) of premiums/discounts on investments
-12	-1	36	77	21	32	32	36	42	43	-34	11	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred debt issuance costs
596	-	450	450	366	-	142	293	290	-	398	342	151	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net accretion of premiums/discounts on investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	128	31	53	73	-577	183	196	198	-133	70	63	0	-	-	-	-	-	-	-	-
Amortization of deferred debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	108	77	92	-	83	67	49	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of investment in preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-446	0	223	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
5,620	3,206	3,129	3,167	2,544	2,802	3,096	3,075	2,724	3,784	2,784	2,794	2,808	2,448	2,248	2,138	2,402	2,648	2,524	2,484	2,339	1,318	1,529	1,560	1,389	1,196	1,040	960	697	843	476	527	506	233	412	752	475
Provision for bad debt
29	245	47	46	0	-	-	-	-	-37	19	23	9	0	-10	-6	29	25	0	0	0	-	-	-	-	1	2,411	280	29	21	-27	10	-28	-71	-1	120	-48
Non-cash inventory adjustments
434	978	756	263	634	365	252	360	449	412	346	248	317	14	28	17	75	-1,161	24	141	402	-67	60	238	219	1,104	129	143	403	-1,045	1,303	-104	-636	89	305	124	-1
Other non-cash adjustments
-79	-	50	141	-16	-	-49	-97	84	-	-67	-38	-85	-	1	68	-49	-	-6	-5	20	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
8,979	6,577	3,727	-2,365	-2,355	1,675	2,704	-935	-2,566	2,827	-3,067	237	1,558	3,969	-313	-21	-1,385	1,426	1,888	-886	-445	2,181	580	-448	-283	505	340	343	1,202	2,059	-161	242	-72	303	83	-3	37
Inventories
-920	1,063	4,084	1,256	131	-1,433	4,200	-879	526	5,699	7,376	555	-3,118	2,402	1,354	195	-501	2,266	-1,226	-120	366	438	399	-439	-169	1,097	-1,536	221	1,531	-1,282	1,541	-382	-757	294	1,050	424	-26
Prepaid expenses and other assets
-51	-	73	784	0	-	-44	420	-760	-	886	97	-216	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	356	-792	256	216	-507	244	554	-107	-144	-222	369	116	24	16	57	-165	-105	-68	138	-1,811
Accounts payable
-1,558	1,156	1,488	-100	-1,043	2,019	-1,555	-492	-1,361	4,025	1,666	-313	-2,821	3,189	-373	672	617	-399	854	-437	-775	403	183	-52	-449	773	880	-439	129	-179	538	481	-112	-132	-933	775	668
Accrued compensation
-550	-479	2,084	-15	-2,475	6	1,906	139	-992	189	718	-26	-1,144	441	612	130	989	-1,033	806	688	-919	40	382	1,365	10	922	184	701	-856	940	594	465	-188	957	-70	244	-152
Other current and non-current liabilities
1,108	647	-141	-131	-126	467	-134	-301	-321	20	-789	219	-343	1,055	-270	345	-42	650	-256	-17	-22	594	-872	-158	-101	317	-363	-518	20	874	685	576	-738	-	-	-	-
Other current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,322	-1,112	521
Net cash used in operating activities
-7,605	-9,355	-9,955	-7,435	-8,181	-3,612	-12,463	-10,385	-6,052	-12,817	-12,438	-12,602	-15,565	-10,478	-9,664	-9,452	-6,043	-8,235	-7,822	-7,593	-8,265	-7,340	-8,713	-7,135	-6,384	-6,296	-4,172	-7,224	-6,104	-3,760	-3,738	-3,249	-5,496	-5,205	-6,016	-4,903	-3,090
Investing activities:
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-85	-251	-249	-	-	-	-	-	-	-	-
Payments for intellectual property licenses
-	-	-	-	-	-	-	-	-	-	-	-	-	700	0	0	800	0	0	0	550	0	350	0	0	-6	543	0	345	21	567	0	739	-	-	-	-
Purchases of property and equipment
952	899	726	134	333	1,515	136	459	465	999	1,281	647	1,888	1,895	2,701	1,438	966	888	625	1,832	411	2,027	1,073	1,477	1,149	997	1,105	1,165	1,003	557	1,390	1,512	17	204	563	424	185
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,849	0	0	14,797	0	-146	15,161	13,039	23,349	32,635	6,358	13,848	-	-	-	-	-	-	-	-
Purchases of marketable securities
14,613	-	7,295	7,426	12,014	-	5,163	15,722	7,900	-	46,029	10,496	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of marketable securities
-	-	-	-	-	-	-	-	-	0	0	0	13,896	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of marketable securities
2,900	5,175	16,080	3,000	7,800	9,800	13,900	24,600	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	223	-	0	1,998	5,499	-	1,000	1,250	2,000	-	-	-	-	-	-	-	-
Maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-10,500	-3,500	-14,350	-	-8,800	-20,200	-7,250	-	-800	0	0	-	0	0	-5,000	-	-	-	-
Net cash used in investing activities
-12,665	-1,124	8,059	-4,560	-4,547	7,292	8,601	8,419	9,635	13,537	-43,410	-7,743	12,708	6,618	-29,655	680	-1,766	8,963	9,875	1,668	-1,185	17,773	7,523	5,560	-1,439	-21,197	-32,398	-6,022	-12,947	1,673	-6,551	-1,512	4,244	-210	-5,926	-789	-185
Financing activities:
Proceeds from issuance of common stock, net of offering costs
2,160	11,184	2,373	464	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayment of borrowings
23	23	-70	24	35,116	24	23	23	22	1,725	5,159	958	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings
0	20,000	0	0	50,000	7,098	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayment of borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	5	5	5	5	5	4	42	60	145	274	287	376	1,087	254	267	-	-	-	-
Proceeds from borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments associated with debt issuance
100	50	0	0	3,588	0	0	0	20	0	0	167	20	60	0	20	10	0	0	18	700	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,000
Proceeds from stock option exercises
103	25	0	2	430	0	0	5	17	74	43	82	88	205	155	7	345	3	92	672	222	330	21	155	25	32	86	173	105	-	-	-	-	-	-	-	-
Net cash provided by financing activities
2,140	30,562	2,443	442	11,726	7,600	-23	517	-25	-1,219	-5,414	95,621	62	553	29,052	10,424	330	453	87	1,076	9,517	764	16	524	-17	-58	81,008	65	-182	-34	-559	45,179	-267	-313	-580	32,155	2,000
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
31	-	-	-	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	1	-1	62	-34	92	-4	-27	14	-27	-1	-4	7	-8	-3	11	-9	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	11,281	-3,886	-1,387	3,524	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash, cash equivalents, and restricted cash
-18,099	-	-	-	-982	-	-	-	-	-	-	-	-2,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,268	1,648	-7,472	1,173	2,137	-4,838	58	11,197	-1,174	-1,051	-7,840	-27,551	44,438	-13,181	-19,233	-2,121	-10,848	40,418	-1,519	-5,681	-12,516	26,463	-1,275
Non-cash investing and financing activities:
Transfer of systems to property and equipment from inventory
21	1,354	670	471	351	-788	1,521	387	569	8,323	-1,904	-1,949	415	29	192	4	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment purchased with capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	109	-	-	-	-
Transfer of systems from property and equipment into inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	79	48	100	43	59	54	144	205	172	54	99	14	63	47	-	-	-	-
Property and equipment costs incurred but not paid included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-87	-319	321	161
Property and equipment included in accounts payable
874	-	129	-18	36	-	578	21	147	-	-383	530	183	-	452	303	285	-	-55	-515	818	-	-149	-509	1,022	-	-212	187	333	-	-58	-421	728	-	-	-	-
Supplemental cash flow information:
Cash paid for income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	5	-	25	0	13	-	-6	-2	17	-3	1	18	8	13	2	6	0	-	-	-	-	-	-	-	-
Cash received for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	-	60	87	109	-	228	271	284	-	-	-	-	-	-	-	-	-	-	-	-
Cash received for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	202	136	75	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	347	369	353	224	184	-35	290	244	73	2	14	3	1	2	3	7	7	-	-	-	-	-	-	-	-
Cash paid for income taxes, net
19	70	-19	60	44	32	20	80	33	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
1,541	1,056	1,053	1,076	761	511	514	495	508	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intellectual property acquisitions included in other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-106	0	103	453	-	-	-	-	-	-	-	-