HARVARD BIOSCIENCE INC HBIO Cash Flow

Harvard bioscience inc (HBIO)

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
Cash flows from operating activities:
Net Loss
-4,516	550	-2,620	-247	-2,370	2,862	-256	-1,464	-4,064	999	-417	-381	-1,066	-1,320	-1,638	-713	-636	-17,140	-847	349	-1,401	-19	633	1,022	719	-756	-982	-188	96	1,202	-131	770	529	738	29	1,369	1,676
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation
484	490	525	434	538	949	423	556	495	308	350	353	306	359	364	424	385	588	388	405	364	340	305	308	300	308	328	305	357	340	308	305	317	307	331	331	307
Amortization of intangible assets
1,427	1,457	1,423	1,436	1,430	1,401	1,468	1,412	1,150	617	622	604	599	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	623	729	690	680	682	666	678	793	739	618	587	634	635	600	676	679	681	680	713	678	730	706	689	621
Amortization of deferred financing costs
98	98	98	98	91	134	53	182	276	8	7	10	19	19	16	28	28	28	28	15	15	15	16	15	15	17	14	15	0	-15	23	22	22	22	23	22	22
Stock-based compensation expense
793	-	-	-	591	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
-	-	-	-	-	-	486	734	1,012	896	933	808	863	901	943	899	754	706	777	692	580	622	615	472	447	670	763	588	649	948	958	718	697	799	854	658	552
Gain on sale of Denville
-	-	-	-	-	0	0	24	1,227	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for allowance for doubtful accounts
4	-106	26	20	348	22	-146	144	5	-110	-15	31	-15	250	15	7	37	-10	0	-3	6	-33	-4	-57	27	103	27	11	31	-8	-17	-6	0	67	-15	2	13
Other non-cash charges
166	-	-	-	-4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receivable for the earn-out related to discontinued assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	101	139	200	1,344	0	0	0	-	-	-	-
(Gain) loss on sales of fixed assets
-	-	-	-	-	-	-	3	0	-	-	-	-	-	-	-	-	0	-14	8	-19	818	-12	-72	76	1	0	0	-1	-4	26	-1	3	-16	20	0	15
Non cash restructuring charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6	-15	-64	0	0	-2	-16	-102	-	-	-23	-21	-	-	-	-	-	-	-	-
Non cash restructuring (credit) charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-13	0	-	-	-	-
Amortization Of Catalog Costs
-	-	-	-	-	-	-	8	6	11	11	11	9	7	7	3	3	1	0	2	6	10	13	11	13	17	28	24	32	45	33	35	71	81	81	81	64
Deferrred Income Taxes
-	-	-	-	-	-	162	1,258	-1,354	-1,584	0	0	0	-734	451	0	4	16,140	3	-772	-255	1,153	140	84	35	-729	-411	-870	-431	-103	-307	-217	-104	-555	-527	162	71
Changes in operating assets and liabilities:
Accounts receivable
-5,149	3,337	-1,124	-350	-2,331	3,710	-1,911	1,142	-149	804	-875	285	-410	1,579	-1,186	-1,422	463	2,094	-2,890	2,251	-115	178	263	-143	437	512	-683	-368	103	687	-1,630	-893	682	1,678	-621	-177	-1,112
Inventories
1,413	-2,625	-844	-1,207	1,416	-442	27	-1,340	-799	-60	639	-331	300	-513	-830	306	-211	-87	68	484	758	407	1,337	1,360	-48	-2,148	-705	499	433	-313	-55	-315	-491	-1,755	648	1,055	1,757
Other current assets
767	-	-	-	-536	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
1,322	-	-	-	-118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in other receivables and other assets
-	-	-	-	-	-	-	-23	-650	-461	133	-96	526	-84	-123	402	463	-1,162	167	91	149	-96	-398	869	-5	5	242	516	257	818	-89	142	54	-372	228	-526	743
Increase (decrease) in accounts payable
-	-	-	-	-	-	-2,240	452	1,346	-132	-83	-383	-320	372	-326	220	-2,679	2,542	-2,416	1,661	790	623	97	373	-24	-26	-302	440	-153	291	-539	-215	-442	-252	22	-397	696
Accrued income taxes
6	228	-230	-741	380	401	555	-517	173	177	91	54	-110	-37	-44	-37	-77	51	33	-94	-301	-162	-100	-32	25	-83	10	690	-294	234	1	51	-73	-253	-229	-131	69
Other current liabilities
1,411	-	-	-	-76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-256	-	-	-	-116	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in accrued expenses
-	-	-	-	-	-	-	-1,738	850	94	452	-711	-571	575	283	-1,468	1,481	535	-1,386	-12	-648	141	-537	540	-489	232	334	-358	639	-143	-124	-422	204	59	187	-93	-1,521
(Decrease) increase in deferred revenue
-	-	-	-	-	-	-280	1,780	429	-4	71	-64	92	-216	-159	156	32	-38	-58	-139	355	66	-2	-7	-29	3	-124	152	115	-106	4	-63	117	124	-134	-35	76
Increase (decrease) in other liabilities
-	-	-	-	-	-	-	-1,724	-247	-2,017	6	1	0	720	11	19	-23	-1,470	80	-368	-28	-925	0	128	-39	-675	6	128	-131	572	-134	-197	-163	381	-151	-627	-99
Other long-term liabilities
-705	-	-	-	-143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities
2,871	2,220	3,158	657	2,010	2,593	-1,434	1,277	448	-939	2,131	475	-610	1,727	3,440	942	-726	1,764	-78	-484	-497	1,263	602	1,414	1,072	1,249	1,431	804	576	1,406	2,503	2,548	1,605	2,643	1,210	1,651	1,144
Cash flows from investing activities:
Additions to property, plant and equipment
241	438	355	280	143	95	257	141	493	213	240	239	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-603	201	-5,258	658	2,684	-1,044	-781	-480	-462	-282	-533	-504	-231	-354	-618	-541	-313	-297	-354	-286	-422	-444
Additions to catalog costs
-	-	-	-	-	-	0	-11	-13	0	0	-9	-30	0	-24	-14	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-98	-14	-15	-125
Proceeds from sales of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-9	15	0	1,065	-2	-35	113	0	63	3	0	-3	33	0	3	4	3	-1	19
Acquisition, net of cash acquired
-	-	-	-	-	540	0	595	67,413	0	0	0	0	-	-	-	-	0	0	0	4,545	12,653	0	0	0	-	-	-	-	15	0	485	2,378	300	5,165	0	0
Disposition, net of cash sold
-	-	-	-	-	0	0	24	15,730	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-241	-456	-361	740	-152	-627	-257	-723	-52,189	-201	-240	-248	-228	892	-542	-617	205	-680	-667	-581	-5,589	-12,369	-482	-497	-169	-458	1,268	-285	-354	-698	-508	-798	-2,672	-748	-5,462	-438	-550
Cash flows from financing activities:
Proceeds from issuance of debt
-	-	-	-	-	-100	2,300	1,500	67,000	500	250	1,000	1,000	1,000	1,000	1,000	1,000	1,000	750	750	3,300	0	2,200	0	0	2,501	0	10,000	2,049	0	0	0	500	0	0	0	0
Repayments of debt
4,829	600	2,600	3,920	4,583	251	2,700	3,200	14,047	1,200	950	1,439	1,113	2,312	2,113	2,012	2,613	2,250	1,250	2,000	2,850	1,750	1,250	1,250	1,250	1,250	750	750	0	-	-	-	-	5	803	-1	901
Payments of debt issuance costs
-	-	-	-	-	39	39	0	1,928	0	0	0	0	-	-	-	-	0	0	32	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid for issuance of stock
-242	-	-	-	-421	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
-	-	-	-	-	-	3,141	1,161	219	261	-24	78	-155	102	89	104	-113	89	89	1,482	382	651	414	682	319	1,331	291	446	1,553	1,826	59	135	267	118	122	327	0
Net cash used in financing activities
-5,071	-429	-658	-1,533	-5,004	-354	2,702	-539	51,244	-439	-724	-361	-268	-1,210	-1,024	-908	-1,726	-1,161	-411	200	832	-1,099	1,364	-568	-931	-12,479	-751	9,696	3,602	-524	-740	-566	767	113	-681	328	-901
Effect of exchange rate changes on cash
-12	-	-	-	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	26	-382	755	1,476	-55	259	109	-1,158	-160	-371	88	731	-156	236	-849	-395	-1,184	248	94	528	885	134	-756	212	375	-393	248	-329	-577	118	691
Decrease in cash and cash equivalents
-2,453	-	-	-	-3,143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash and cash equivalents
-	-	-	-	-	-	-	-367	258	-103	1,112	125	-997	251	1,714	-544	-2,569	654	-1,312	-629	-6,103	-12,600	300	597	66	-11,160	2,833	10,349	3,068	396	1,630	791	-52	1,679	-5,510	1,659	384
Supplemental disclosures of cash flow information:
Cash paid for interest
1,237	1,270	1,365	1,455	1,406	1,478	1,061	1,504	944	183	156	183	164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
110	-37	112	205	94	268	38	281	-489	109	100	-529	333	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	152	156	118	194	229	198	252	175	240	299	190	268	358	262	204	68	166	135	139	137	147	181	122	188
Cash paid for income taxes, net of refunds
-	-	-	-	-	-	-	-	-	-	-	-	-	203	273	281	171	338	313	-38	350	392	-237	255	433	235	238	400	606	377	209	443	490	660	307	667	600