Gold resource corp (GORO)
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'13
Cash flows from operating activities:
Net income

-3,121

174

2,978

1,798

882

858

-781

3,754

5,457

-5,671

4,581

864

4,376

-3,612

1,594

5,608

797

-2,334

-469

812

5,053

2,146

-2,044

7,809

7,125

1,151

-1,830

-1,374

7,387

Adjustments to reconcile net income to net cash from operating activities:
Deferred income taxes

-4,650

1,849

-184

380

895

-34

667

-1,546

412

11,958

1,936

-199

1,296

-1,805

-1,373

1,108

515

6,655

-3,124

1,596

6

-

-

-

-

-

-

-

-

Depreciation and amortization

7,535

8,018

7,379

4,121

3,800

4,073

3,710

3,734

3,652

4,396

3,875

4,064

2,663

3,245

3,314

3,173

2,856

2,766

2,583

2,291

1,457

1,444

1,212

1,085

810

735

703

535

653

Reclamation and remediation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

28

29

Stock-based compensation

470

351

367

878

336

407

605

249

236

315

494

183

200

243

511

68

418

179

1,380

847

1,066

1,104

1,891

1,173

783

1,621

2,306

2,178

1,512

Currency exchange (gain) loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-535

127

-137

-

-

-336

119

Impairment loss on gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,565

178

Unrealized loss (gain) on investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

702

100

702

-

-

-

-

Other operating adjustments

-1,780

-8

-607

165

128

-1,829

-342

-1,270

906

-893

-244

259

-407

-829

-182

105

608

-402

-1,495

-691

-286

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-4,320

562

2,170

1,115

2,771

1,676

-299

85

-1,242

-780

2,388

-483

1,129

-1,783

368

1,138

586

-1,530

1,163

-6,771

6,043

-4,590

-97

-380

4,176

-3,101

1,819

-7,973

4,887

Inventories

3,495

727

-1,625

2,420

6,324

2,480

-557

-386

1,283

1,852

-104

1,388

-339

81

-747

838

566

-719

-46

471

724

-1,788

2,686

-608

-496

-1,474

1,869

579

-942

Prepaid expenses and other current assets

-175

62

-1,408

124

-221

27

397

861

-868

1,406

128

-1,237

151

410

-1,081

272

-394

-1,130

1,321

-448

24

424

-921

677

-1,110

1,400

1,477

573

1,677

Other non-current assets

-921

721

870

2,052

-40

2

2

-69

-65

43

-11

-24

-1

-15

-23

-15

-26

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other accrued liabilities

-802

3,453

-5,834

2,961

3,222

-2,047

-1,028

1,838

2,726

-1,683

995

746

1,578

-805

-1,203

-2,386

815

-1,712

4,366

-343

1,046

-2,101

-1,164

-1,118

1,551

-594

-1,596

-268

1,910

Accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,288

213

1,469

IVA taxes payable/receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,893

846

-1,216

Mining royalty and income taxes payable, net

1,844

1,838

1,384

-2,544

-784

534

-2,613

-3,304

1,489

4,443

-240

-738

-578

1,005

1,434

2,587

-331

-3,193

735

-4,008

-1,255

-1,651

319

6,369

5,219

2,700

-2,375

-6,344

263

Total adjustments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,228

-

-

-

-

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,730

-

5,031

8,597

868

11,357

-1,459

15,402

12,353

-

-

-

-

Net cash provided by operating activities

4,977

13,646

6,663

1,755

-648

1,435

1,359

5,504

13,958

12,130

9,484

5,017

9,002

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,316

4,536

6,444

Cash flows from investing activities:
Capital expenditures

6,929

10,308

7,728

12,652

8,786

13,991

10,977

7,776

7,332

5,050

9,564

4,756

6,062

2,503

2,361

4,589

5,687

4,848

9,894

7,006

4,937

7,374

3,086

3,248

4,190

812

778

1,431

3,682

Proceeds from the sale of equity investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

425

161

163

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48

196

321

485

Proceeds from conversion of gold and silver bullion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

69

199

384

664

Purchase of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,805

0

0

0

231

Other investing activities

-1

0

-1

0

-1

-1

-1

-2

-2

-8

78

109

78

-13

318

-1

-2

95

-12

-21

-7

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,522

-

-9,882

-6,985

-4,930

-6,048

-1,342

-3,240

-5,987

-

-

-

-

Net cash used in investing activities

-6,928

-10,308

-7,727

-12,652

-8,785

-13,990

-10,976

-7,774

-7,330

-5,042

-9,642

-4,865

-6,140

-

-

-

-

-

-

-

-

-

-

-

-

-

-775

-1,368

-3,734

Cash flows from financing activities:
Proceeds from the exercise of stock options

-

0

0

0

98

0

137

880

244

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

100

-

-

-

-

Repayments of capital leases

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

182

424

378

378

373

372

370

368

366

365

-

-

-

-

Proceeds from issuance of stock

10,350

0

2,642

11,001

10,806

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

657

547

327

314

303

289

289

286

285

285

284

284

284

852

275

272

271

1,626

1,625

1,626

1,625

1,626

1,625

1,626

1,617

4,840

4,798

6,394

9,482

Repayment of loans payable

216

215

212

198

187

172

143

141

140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of finance leases

109

-

107

103

101

-

96

96

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

9,368

-870

1,996

10,386

10,313

3,760

-391

357

-274

-475

-350

-285

-284

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,685

-1,743

-9,482

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-695

-

-2,003

-1,999

-1,997

-1,996

-1,993

-1,992

-1,882

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-127

-149

-114

-77

-115

-44

-36

-59

-127

-55

-70

-96

-105

36

-3

0

-10

-10

-64

-34

-38

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

7,290

2,319

818

-588

765

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-37

18

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

-

6,227

-

-578

-229

2,473

-2,899

3,801

2,939

-2,497

-1,283

-6,918

-421

-6,097

2,741

-4,827

10,170

4,484

-2,661

-12,780

1,388

-6,754

Supplemental Cash Flow Information
Interest expense paid

32

36

42

37

42

37

46

45

49

41

11

0

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

-

17

24

24

10

43

11

85

-

-

-

-

Income and mining taxes paid

197

0

846

2,688

209

246

524

5,568

730

338

395

1,021

1,348

0

0

0

256

1,050

1,143

2,082

5,239

-

-

-

-

3,162

1,343

6,327

3,496

Non-cash investing activities:
Change in capital expenditures in accounts payable

-950

-708

1,372

-3,517

2,303

-633

3,017

1,111

-193

531

-3,818

3,833

495

-104

5

-1,155

-1,614

-

-

-

-

-

-

-

-

-

-

-

-

Change in estimate for asset retirement costs

435

696

838

176

462

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment purchased through loan payable

-

0

0

0

330

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equipment purchased under capital lease

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

300

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued for the acquisition of mineral rights

-

-

-

-

-

-

-

-

-

0

0

0

1,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-