Gsi technology inc (GSIT)
CashFlow / Quarterly
Dec'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'11Dec'10Sep'10Jun'10
Cash flows from operating activities:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-819

-347

-917

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss)

-4,620

-1,768

-125

-102

2,262

-351

-1,646

265

-1,528

-1,740

-1,512

-1,349

348

626

260

-

-

-

-

-

148

-950

-1,446

-5,400

-734

386

-441

950

844

1,132

920

829

991

1,664

3,272

3,412

5,838

5,247

4,379

Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Allowance for doubtful accounts and other

-25

2

-9

-1

-4

16

28

-19

-20

-1

-1

1

0

2

1

0

0

-6

3

3

-6

6

-11

10

-1

2

-16

16

0

-21

21

-36

-68

-11

110

5

0

0

-1

Provision for excess and obsolete inventories

124

47

89

321

80

116

678

395

427

291

448

97

158

248

85

258

255

271

388

155

290

266

356

437

1,116

19

507

233

253

175

116

56

48

117

475

28

610

267

227

Non-cash lease expense

147

143

172

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

352

362

365

381

375

369

329

307

323

319

306

343

368

397

424

422

386

318

333

339

363

421

510

495

488

504

494

528

576

633

638

606

586

680

739

734

722

678

660

Stock-based compensation

629

642

651

580

592

552

542

549

535

508

478

518

429

487

443

463

414

499

474

544

389

571

573

584

516

563

565

590

566

560

562

539

532

514

511

408

428

430

446

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,339

217

24

-126

190

-137

-48

122

-

-

-

-

-

-

-

-

Windfall tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

313

123

-226

-177

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108

189

-40

-

565

-494

-310

Windfall tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-2

-5

-

-16

-5

-53

-

-

-

-

Windfall tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-219

-116

-50

Amortization of premium on investments

0

6

8

11

14

9

2

-4

-22

-24

-23

-22

-19

-8

-25

-32

-32

-52

-93

-115

-138

-153

-187

-202

-201

-219

-220

-223

-259

-241

-292

-308

-311

-317

-320

-276

-186

-164

-185

Changes in assets and liabilities:
Accounts receivable

-2,115

115

27

-822

317

1,008

1,596

-285

173

-811

-188

-709

-1,748

-371

1,703

-1,176

2,503

-3,278

1,169

2,738

-2,314

-1,122

709

-806

-757

-472

27

1,595

25

-1,866

-76

2,230

-4,431

-2,973

706

3,214

-3,274

1,648

4,217

Inventory

-400

-371

-133

57

817

187

272

-853

-1,252

14

-12

65

423

1,643

494

-11

-938

233

650

-492

109

1,143

534

-599

-849

-972

-1,125

-1,146

-1,900

368

539

-3,743

-2,467

1,584

667

-1,084

-116

4,225

4,051

Prepaid expenses and other assets

311

230

523

-75

-148

339

28

-2

-266

-243

394

-389

179

-240

347

-466

212

-756

908

-1,072

-2,116

583

-249

-607

-475

318

-282

-1,582

-360

-365

-216

15

-500

2,940

144

577

393

-163

1,152

Accounts payable

-788

250

-190

-484

-81

411

202

308

-416

-53

350

-500

-1,072

1,132

-447

285

-1,510

-750

1,534

35

-804

97

-1,243

1,855

-726

283

-346

123

-110

-146

-1,474

2,478

-2,231

-1,511

1,247

-1,770

-3,017

3,395

632

Accrued expenses and other liabilities

1,883

423

-1,775

685

-807

1,841

-266

396

-1,008

650

-1,221

971

-1,083

2,022

-999

197

-84

-349

-1,845

1,335

-349

791

-966

-275

-879

199

98

1,355

243

603

-1,362

228

-263

-272

65

2,189

-312

-156

1,302

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-415

600

-365

-354

388

87

-1,167

207

554

-839

-558

1,135

132

-237

39

-488

608

-97

-106

2

-1,175

-1,439

-457

493

616

-2,896

541

3,671

Net cash provided by (used in) operating activities

-94

121

-1,247

2,209

1,417

1,411

-2,031

1,670

-320

1,038

-1,323

721

913

3,525

-3,106

-

-

-

-2,457

-

3,651

193

-1,899

1,704

1,731

3,090

1,922

5,497

4,745

4,884

-415

5,705

5,957

-326

5,622

2,478

4,902

4,246

1,721

Cash flows from investing activities:
Purchase of investments

7,056

6,820

1,990

-

6,459

750

8,848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of investments

-

-

-

-

-

-

-

-

-

-

3,498

-

-

-

-

-

-

-

-

5,297

6,712

3,750

250

5,939

10,219

8,124

11,584

7,949

12,058

5,550

10,052

7,849

9,886

8,575

11,856

10,540

13,341

12,070

13,037

Maturities of short-term investments

8,516

5,250

4,860

2,750

7,373

1,250

6,800

5,640

3,000

6,250

1,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

5,500

8,952

3,148

-

7,000

7,335

7,000

4,945

9,881

20,277

4,596

4,500

3,801

9,728

10,383

10,773

5,393

6,230

11,050

7,206

11,909

2,500

11,712

7,500

8,509

15,195

4,551

Decrease in MikaMonu escrow deposit

-

-

-

-

-

-

-

12

743

0

479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

171

61

33

142

292

417

1,239

884

108

223

105

25

26

33

135

57

1,070

25

6

28

293

136

24

508

115

104

34

72

166

-27

174

943

141

595

0

148

2,680

178

1,294

Net cash provided by (used in) investing activities

2,289

-1,631

2,837

-1,642

1,372

83

-3,287

-1,727

2,135

4,277

-1,874

1,474

822

-491

3,013

-

-

-

6,994

-

2,876

16,391

4,322

-1,947

-6,533

1,500

-1,235

2,752

-6,831

707

824

-1,586

1,882

-6,670

-144

-3,188

-7,512

2,947

-9,780

Cash flows from financing activities:
Payment of MikaMonu escrow deposit

-

-

-

-

-

-

-

12

371

0

479

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock

-

-

-

-

-

-

-

-

-

-

-

0

494

2,712

3,906

2,943

1,009

621

2,453

2,906

690

25,517

913

-

-

-

-

0

471

1,340

1,815

1,866

4,252

219

0

-

-

-

-

Windfall tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-123

226

177

72

13

2

5

1

16

5

53

497

219

116

50

Proceeds from issuance of common stock under employee stock plans

480

799

2,350

1,400

316

690

1,503

570

858

252

1,811

1,046

451

244

273

0

242

260

316

33

256

347

316

380

680

1,224

797

203

296

136

222

7

221

117

1,159

1,946

1,647

524

481

Net cash provided by financing activities

52

799

2,350

1,399

-150

-30

1,503

558

487

252

1,332

1,046

-43

-2,468

-3,633

-

-

-

-2,137

-

-434

-25,170

-597

-277

-1,979

1,450

974

275

-162

-1,202

-1,588

-1,858

-4,015

-97

1,212

2,443

1,866

640

531

Net increase in cash and cash equivalents

2,247

-711

3,940

-

2,639

1,464

-3,815

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash and cash equivalents

-

-

-

-

-

-

-

501

2,302

5,567

-1,865

3,241

1,692

566

-3,726

-

-

-

2,400

-

6,093

-8,586

1,826

-520

-6,781

6,040

1,661

8,524

-2,248

4,389

-1,179

2,261

3,824

-7,093

6,690

1,733

-744

7,833

-7,528

Non-cash financing activities:
Purchases of property and equipment through accounts payable and accruals

-1

-5

30

-3

-103

-140

277

-151

209

-2

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

-40

-112

37

166

15

71

-113

301

13

-103

-58

409

Supplemental cash flow information:
Net cash paid for income taxes

92

107

111

0

18

-48

41

-

-

-

-

-2

2

83

1,256

0

175

35

-132

-797

-1,649

21

31

-

-

-

-

-2,612

11

17

331

93

40

3,010

113

800

1,530

2,420

77