Globalscape inc (GSB)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating Activities:
Net income (loss)

13,267

3,654

1,371

3,585

4,526

3,026

3,840

-1,800

635

881

1,400

Items not involving cash at the time they are recorded in the statement of operations:
Provision (recoveries) for doubtful accounts receivable

63

-88

17

182

-7

445

29

68

-62

-

-

Bad debt expense

-

-

-

-

-

-

-

-

-

121

-60

Depreciation and amortization

1,746

2,173

2,144

2,045

1,553

883

908

1,217

790

852

724

Loss on disposition of assets

-

-

-

-

-

-

-

-

-

-

-85

Share-based compensation

2,415

1,269

1,566

1,014

711

521

666

915

1,003

1,006

1,021

Amortization of debt issuance costs

70

0

-

-

-

-

-

-

-

-

-

Deferred taxes

-98

-4

-

-

-

-

-

-

-

-

-

Deferred taxes

-

-

399

-110

-248

968

-948

-377

-352

-698

-424

Excess tax deficiency from exercise of share based compensation

-

-

-

-24

58

-227

-156

-28

-13

97

-

Affiliated entity asset impairment

-

-

-

-

-

-

0

3,264

0

-

-

TappIn intangible asset impairment and earnout liability elimination

-

-

-

-

-

-

-128

-1,303

0

-

-

Other

-

-

-

-

-

-74

0

-

0

-

-

Subtotal before changes in operating assets and liabilities

17,463

7,004

5,497

6,740

6,477

6,144

4,523

2,012

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

645

644

-346

532

-7

2,619

444

60

78

1,083

70

CoreTrace receivable

-

-

-

-

-

-

0

150

463

298

-

Prepaid and other current assets

-155

216

144

20

23

139

-77

187

-108

187

12

Deferred revenue

2,018

-813

-395

1,177

708

4,004

1,027

2,141

690

1,483

2,225

Accounts payable

-74

-1,080

970

91

-272

456

223

-159

341

-66

-197

Accrued expenses

384

-457

68

-290

303

693

-455

-43

1

628

203

Operating lease right-of-use asset

-170

0

-

-

-

-

-

-

0

-23

5

Other assets

-43

-191

-161

185

-40

-44

103

11

-

-

-

Accrued interest receivable

-

-

261

163

69

-

-

-

-

-

-

Deferred compensation

-

-

-

-

-

-

-

-

-

-

-216

Operating lease liabilities

-175

0

24

18

82

-8

-2

9

252

106

19

Other long-term liabilities

-93

-59

-

-

-

-

-

-

-

-

-

Income tax payable (receivable)

-1,907

970

-530

229

-233

-112

-315

292

-52

40

-17

Net cash provided by operating activities

17,339

4,896

5,736

7,065

7,020

8,463

4,531

3,844

2,826

2,711

4,676

Investing Activities:
Proceeds from sale of property and equipment

-

-

-

-

-

-

-

-

-

0

1

Software development costs capitalized

1,074

1,276

1,926

1,538

1,967

2,847

899

330

0

-

-

Purchase of property and equipment

64

162

286

226

152

252

139

213

201

184

530

Redemption of certificates of deposit

0

15,794

0

-

-

-

-

-

-

-

-

Purchase of certificates of deposit

-

-

-

12,116

0

-

-

-

-

-

-

Purchase of property and equipment

-

-

-

-

-

-

500

1,500

9,190

-

-

Investment in CoreTrace

-

-

-

-

-

-

-

-

-

-

2,278

Purchase of short-term investments

-

-

-

-

-

-

-

-

-

350

1,705

Purchase of long-term investments

-

-

-

-

-

-

0

60

3,000

-

-

Interest reinvested in short and long term investments

-

-

-

-

-

63

62

0

0

-

-

Redemption of short-term investments

-

-

-

-

-

-

-

-

-

1,555

500

Net cash used in investing activities

-1,138

14,356

-2,212

-13,880

-2,119

-3,162

-1,600

-2,103

-12,391

1,021

-4,012

Financing Activities:
Proceeds from exercise of stock options

4,604

522

471

1,120

508

2,243

890

70

352

232

43

Stock option cash settlement

-445

0

-

-

-

-

-

-

-

-

-

Purchase of Treasury Stock

375

21,260

0

-

-

-

-

-

-

-

-

Credit facility funding

49,646

0

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

1,771

0

-

-

-

-

-

-

-

-

-

Tax deficiency (benefit) from stock-based compensation

-

-

-

-24

58

-227

-156

-28

-13

97

-

Notes payable principle payments

625

0

-

-

-

4,386

1,338

1,276

0

-

-

Proceeds from note payable

-

-

-

-

-

-

-

-

7,000

-

-

Dividends paid

71,706

924

1,307

1,271

940

1,028

951

1,289

0

-

-

Net cash used in financing activities

-20,672

-21,662

-836

-175

-374

-3,398

-1,555

-2,523

7,339

329

43

Net increase in cash

-4,471

-2,410

-

-

-

-

-

-

-

-

-

Net increase in cash

-

-

2,688

-6,990

4,527

1,903

1,376

-782

-2,226

4,061

707

Supplemental disclosure of cash flow information:
Cash paid during the period for:
Interest

335

0

0

0

0

117

234

294

0

-

0

Income tax payments (refunds)

3,203

253

1,649

-

-

-

-

-

-

-

-

Supplemental disclosure of noncash activities:
Right-of-use assets obtained in exchange for operating lease obligations

3,075

0

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

1,638

2,146

565

1,161

271

1,225

1,128

764

Noncash - TappIn earn out

-

-

-

-

-

-

-

-

6,997

-

-