OCUGEN, INC. HSGX Cash Flow

Ocugen, inc. (HSGX)

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
Cash flows from operating activities
Net loss
-3,943	12,382	-19,973	-6,338	-6,312	-5,956	6,347	-3,777	-14,833	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-7,081	9,063	-9,315	-8,038	-7,918	-8,349	-8,078	-7,633	-7,964	920	-11,974	-8,302	-3,437
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation expense
18	-	-	-	14	-	-	-	172	356	389	395	394	406	405	432	430	432	414	397	371	244	169	160	153
Non-cash interest expense
14	-	-	-	695	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
47	-	-	-	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of discount of investments
-	-	-	-	-	-	-	-	-	-30	2	-25	-1	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent and lease incentive
-	-	-	-	-	-	-	39	-853	136	137	136	134	133	135	132	133	131	131	-13	73	788	-112	-61	-74
Stock-based compensation
-	-	-	-	-	-	-	407	403	340	369	372	492	468	433	336	311	374	362	257	235	191	168	112	76
Change in fair value of warrant liability
-	-	-	-	-	-	-	-3,501	8,753	809	269	135	269	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash consulting expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9	-	-	-	-
Change in fair value of derivative liability
0	-	-	-	-776	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,572	2,986	-2,289	1,738
Stock-based compensation expense
222	-	-	-	415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77	79	-80	-38
Changes in assets and liabilities:
Prepaid expenses and other assets
-227	691	701	-336	-49	-188	-296	23	664	-64	-46	9	122	-28	-149	-116	145	-44	-532	68	33	54	316	99	-243
Accounts payable and accrued expenses
-1,225	-	-	-	1,723	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease obligations
-47	-	-	-	-102	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and accrued lease obligations, net
-	-	-	-	-	-	-	-187	375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	845	586	-88	-791	-269	299	-77	-103	56	-311	295	-476	-844	-1,819	33	2,166	-207	34
Accounts payable due to Intrexon Corporation
-	-	-	-	-	-	-	-	-	0	0	0	-360	225	-134	9	31	-42	139	-112	226	-	-	-	-
Accrued expenses due to Intrexon Corporation
-	-	-	-	-	-	-	-	-	-	-	-	-	238	514	385	357	-772	877	1,117	317	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	538	-1,609	1,102	125	400	-1,103	613	210	293	-463	1,313	-521	-920	-104	54	-47	879	-238
Deferred revenue
-	-	-	-	-	-	-	0	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-4,686	-8,743	3,399	-8,881	-2,667	-2,786	-6,917	-5,213	3,286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-7,345	-5,893	-5,459	-6,543	-7,841	-6,997	-6,882	-7,466	-8,689	-4,678	-2,795	-5,446	-5,019
Purchase of property and equipment
52	-	-	-	10	0	-2,656	1,479	1,255	144	57	38	37	3	3	282	32	131	498	405	915	1,744	1,384	73	120
Proceeds from maturities of marketable securities
-	-	-	-	-	-	-	0	900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	0	-2	0	8,006	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-52	-20	-2,446	120	-10	0	1,756	-1,479	-355	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Payment of equity issuance costs
-	-	-	-	-	-	635	0	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock subscription
-	-	-	-	-	-	-	0	5,732	-	-	-	-	-	-	-	-	0	0	0	4,738	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-8,043	-3	-3	-282	-32	-131	-498	-405	-915	-1,744	-1,384	-73	-120
Repayments of Debt
-	-	-	-	-	-	-	45	133	146	146	145	146	146	146	145	146	146	146	101	13	-	-	-	-
Financing lease principal payments
5	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
5	-	-	-	85	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of debt
500	-	-	-	1,450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs associated with Initial Public Offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,045	804	404	235
Proceeds from exercise of stock options
-	-	-	-	-	-	-	0	2	-	-	-	-	-	-	-	1	-	-	-	-	-	-	-	-
Net cash provided by financing activities
488	907	25,612	-2,812	1,358	1,930	-197	-43	5,495	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of changes in exchange rate on cash
0	-	-	-	-0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-146	-190	27,530	-146	-145	-147	-119	-88	4,725	61,691	-339	9,935	-235
Net decrease in cash, cash equivalents and restricted cash
-4,250	-7,856	26,566	-11,573	-1,319	-855	-5,358	-6,735	8,426	-3,717	236	-5,812	-15,534	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-6,086	22,068	-6,971	-8,018	-7,275	-7,499	-7,959	-4,879	55,269	-4,518	4,416	-5,374
Purchases of property and equipment in accounts payable and accrued expenses
-	-	-	-	-	-	-	-51	905	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Public offering costs in accounts payable
-	-	-	-	-	-	-	-	106	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use asset related to operating leases (Note 8)
0	-	-	-	427	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-