Harvard bioscience inc (HBIO)
CashFlow / TTM
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'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash flows from operating activities:
Net Loss

-6,833

-4,687

-2,375

-11

-1,228

-2,922

-4,785

-4,946

-3,863

-865

-3,184

-4,405

-4,737

-4,307

-20,127

-19,336

-18,274

-19,039

-1,918

-438

235

2,355

1,618

3

-1,207

-1,830

128

979

1,937

2,370

1,906

2,066

2,665

3,812

0

0

0

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation

1,933

1,987

2,446

2,344

2,466

2,423

1,782

1,709

1,506

1,317

1,368

1,382

1,453

1,532

1,761

1,785

1,766

1,745

1,497

1,414

1,317

1,253

1,221

1,244

1,241

1,298

1,330

1,310

1,310

1,270

1,237

1,260

1,286

1,276

0

0

0

Amortization of intangible assets

5,743

5,746

5,690

5,735

5,711

5,431

4,647

3,801

2,993

2,442

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

2,722

2,781

2,718

2,706

2,819

2,876

2,828

2,737

2,578

2,474

2,456

2,545

2,590

2,636

2,716

2,753

2,752

2,801

2,827

2,803

2,746

0

0

0

Amortization of deferred financing costs

392

385

421

376

460

645

519

473

301

44

55

64

82

91

100

112

99

86

73

61

61

61

63

61

61

46

14

23

30

52

89

89

89

89

0

0

0

Stock-based compensation expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

-

-

-

-

-

-

3,128

3,575

3,649

3,500

3,505

3,515

3,606

3,497

3,302

3,136

2,929

2,755

2,671

2,509

2,289

2,156

2,204

2,352

2,468

2,670

2,948

3,143

3,273

3,321

3,172

3,068

3,008

2,863

0

0

0

Gain on sale of Denville

-

-

-

-

-

1,251

1,251

1,251

1,227

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for allowance for doubtful accounts

-56

288

416

244

368

25

-107

24

-89

-109

251

281

257

309

49

34

24

-7

-30

-34

-88

-67

69

100

168

172

61

17

0

-31

44

46

54

67

0

0

0

Other non-cash charges

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Receivable for the earn-out related to discontinued assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

440

1,784

1,683

1,544

1,344

0

0

0

-

-

-

-

(Gain) loss on sales of fixed assets

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-25

793

795

715

810

-7

5

77

0

-5

21

20

24

12

6

7

19

0

0

0

Non cash restructuring charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-85

-79

-66

-18

-120

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

Non cash restructuring (credit) charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Amortization Of Catalog Costs

-

-

-

-

-

-

-

36

39

42

38

34

26

20

14

7

6

9

18

31

40

47

54

69

82

101

129

134

145

184

220

268

314

307

0

0

0

Deferrred Income Taxes

-

-

-

-

-

-

-1,518

-1,680

-2,938

-1,584

-734

-283

-283

-279

16,595

16,147

15,375

15,116

129

266

1,122

1,412

-470

-1,021

-1,975

-2,441

-1,815

-1,711

-1,058

-731

-1,183

-1,403

-1,024

-849

0

0

0

Changes in operating assets and liabilities:
Accounts receivable

-3,286

-468

-95

-882

610

2,792

-114

922

65

-196

579

268

-1,439

-566

-51

-1,755

1,918

1,340

-576

2,577

183

735

1,069

123

-102

-436

-261

-1,208

-1,733

-1,154

-163

846

1,562

-232

0

0

0

Inventories

-3,263

-3,260

-1,077

-206

-339

-2,554

-2,172

-1,560

-551

548

95

-1,374

-737

-1,248

-822

76

254

1,223

1,717

2,986

3,862

3,056

501

-1,541

-2,402

-1,921

-86

564

-250

-1,174

-2,616

-1,913

-543

1,705

0

0

0

Other current assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in other receivables and other assets

-

-

-

-

-

-

-

-1,001

-1,074

102

479

223

721

658

-420

-130

-441

-755

311

-254

524

370

471

1,111

758

1,020

1,833

1,502

1,128

925

-265

52

-616

73

0

0

0

Increase (decrease) in accounts payable

-

-

-

-

-

-

-574

1,583

748

-918

-414

-657

-54

-2,413

-243

-2,333

-892

2,577

658

3,171

1,883

1,069

420

21

88

-41

276

39

-616

-905

-1,448

-887

-1,069

69

0

0

0

Accrued income taxes

-737

-363

-190

595

819

612

388

-76

495

212

-2

-137

-228

-195

-107

-30

-87

-311

-524

-657

-595

-269

-190

-80

642

323

640

631

-8

213

-274

-504

-686

-544

0

0

0

Other current liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in accrued expenses

-

-

-

-

-

-

-

-342

685

-736

-255

-424

-1,181

871

831

-838

618

-1,511

-1,905

-1,056

-504

-345

-254

617

-281

847

472

14

-50

-485

-283

28

357

-1,368

0

0

0

(Decrease) increase in deferred revenue

-

-

-

-

-

-

1,925

2,276

432

95

-117

-347

-127

-187

-9

92

-203

120

224

280

412

28

-35

-157

2

146

37

165

-50

-48

182

44

72

31

0

0

0

Increase (decrease) in other liabilities

-

-

-

-

-

-

-

-3,982

-2,257

-2,010

727

732

750

727

-1,463

-1,394

-1,781

-1,786

-1,241

-1,321

-825

-836

-586

-580

-580

-672

575

435

110

78

-113

-130

-560

-496

0

0

0

Other long-term liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

8,906

8,045

8,418

3,826

4,446

2,884

-648

2,917

2,115

1,057

3,723

5,032

5,499

5,383

5,420

1,902

476

705

204

884

2,782

4,351

4,337

5,166

4,556

4,060

4,217

5,289

7,033

8,062

9,299

8,006

7,109

6,648

0

0

0

Cash flows from investing activities:
Additions to property, plant and equipment

1,314

1,216

873

775

636

986

1,104

1,087

1,185

890

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,002

-1,715

-2,960

1,517

379

-2,767

-2,005

-1,757

-1,781

-1,550

-1,622

-1,707

-1,744

-1,826

-1,769

-1,505

-1,250

-1,359

-1,506

0

0

0

Additions to catalog costs

-

-

-

-

-

-

-24

-24

-22

-39

-39

-63

-68

-34

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-252

0

0

0

Proceeds from sales of property, plant and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

1,071

1,078

1,028

1,141

76

141

179

66

63

33

30

33

40

10

9

25

0

0

0

Acquisition, net of cash acquired

-

-

-

-

-

68,548

68,008

68,008

67,413

0

0

0

0

-

-

-

-

4,545

17,198

17,198

17,198

12,653

0

0

0

-

-

-

-

2,878

3,163

8,328

7,843

5,465

0

0

0

Disposition, net of cash sold

-

-

-

-

-

15,754

15,754

15,754

15,730

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-318

-229

-400

-296

-1,759

-53,796

-53,370

-53,353

-52,878

-917

176

-126

-495

-62

-1,634

-1,759

-1,723

-7,517

-19,206

-19,021

-18,937

-13,517

-1,606

144

356

171

-69

-1,845

-2,358

-4,676

-4,726

-9,680

-9,320

-7,198

0

0

0

Cash flows from financing activities:
Proceeds from issuance of debt

-

-

-

-

-

70,700

71,300

69,250

68,750

2,750

3,250

4,000

4,000

4,000

4,000

3,750

3,500

5,800

4,800

6,250

5,500

2,200

4,701

2,501

12,501

14,550

12,049

12,049

2,049

500

500

500

500

0

0

0

0

Repayments of debt

11,949

11,703

11,354

11,454

10,734

20,198

21,147

19,397

17,636

4,702

5,814

6,977

7,550

9,050

8,988

8,125

8,113

8,350

7,850

7,850

7,100

5,500

5,000

4,500

4,000

2,750

0

0

0

-

-

-

-

1,708

0

0

0

Payments of debt issuance costs

-

-

-

-

-

2,006

1,967

1,928

1,928

0

0

0

0

-

-

-

-

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid for issuance of stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net proceeds from issuance of common stock

-

-

-

-

-

-

4,782

1,617

534

160

1

114

140

182

169

169

1,547

2,042

2,604

2,929

2,129

2,066

2,746

2,623

2,387

3,621

4,116

3,884

3,573

2,287

579

642

834

567

0

0

0

Net cash used in financing activities

-7,691

-7,624

-7,549

-4,189

-3,195

53,053

52,968

49,542

49,720

-1,792

-2,563

-2,863

-3,410

-4,868

-4,819

-4,206

-3,098

-540

-478

1,297

529

-1,234

-12,614

-14,729

-4,465

68

12,023

12,034

1,772

-1,063

-426

-367

527

-1,141

0

0

0

Effect of exchange rate changes on cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

1,875

1,794

2,435

1,789

-845

-950

-1,580

-1,601

288

292

899

-38

-1,164

-2,192

-2,180

-1,237

-314

1,755

1,641

791

475

-35

-562

442

-99

-1,051

-540

-97

0

0

0

Decrease in cash and cash equivalents

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in cash and cash equivalents

-

-

-

-

-

-

-

900

1,392

137

491

1,093

424

-1,148

-745

-3,771

-3,856

-7,390

-20,644

-19,032

-17,806

-11,637

-10,197

-7,664

2,088

5,090

16,646

15,443

5,885

2,765

4,048

-3,092

-2,224

-1,788

0

0

0

Supplemental disclosures of cash flow information:
Cash paid for interest

5,327

5,496

5,704

5,400

5,449

4,987

3,692

2,787

1,466

686

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes

390

374

679

605

681

98

-61

1

-809

13

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

620

697

739

873

854

865

966

904

997

1,115

1,078

1,092

892

700

573

508

577

558

604

587

638

0

0

0

Cash paid for income taxes, net of refunds

-

-

-

-

-

-

-

-

-

-

-

-

-

928

1,063

1,103

784

963

1,017

467

760

843

686

1,161

1,306

1,479

1,621

1,592

1,635

1,519

1,802

1,900

2,124

2,234

0

0

0