Icad inc (ICAD)
CashFlow / Quarterly
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 flow from operating activities:
Net loss

-11,812

-3,348

-2,956

-3,530

-3,717

-3,344

-1,365

-1,027

-3,281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-457

-

-2,675

-1,575

-2,533

-2,402

-402

-27,786

-1,857

-96

274

-997

-190

-4,410

-589

-1,882

-727

-2,702

-1,465

-2,943

-2,264

-2,227

-25,637

-5,411

-4,312

Adjustments to reconcile net loss to net cash used for operating activities:
Amortization

79

94

94

94

95

97

97

97

92

100

130

131

133

230

253

253

247

203

203

588

774

958

564

375

373

433

431

430

430

432

426

523

523

524

523

523

524

Depreciation

70

77

78

73

69

71

76

82

96

197

240

271

287

309

331

340

342

341

343

411

485

436

388

223

209

178

163

182

183

190

235

225

241

264

267

251

295

Bad debt provision

119

-

-

-

-

124

0

16

85

1

10

-3

37

44

31

0

102

42

153

156

32

-

-

-

-

0

0

0

35

-

-

-

-

-

-

-

-

Inventory obsolescence reserve

-

-

-

-

-

-

-

-5

-2

1,003

5

31

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

464

313

340

304

212

318

414

382

391

583

503

1,601

969

659

446

552

650

534

537

620

444

352

360

281

325

294

307

294

307

265

283

233

215

220

100

316

268

Amortization of debt discount and debt costs

40

40

30

40

39

41

27

38

64

-

-

-

-

-10

-9

-2

-2

4

14

23

300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-341

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,723

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain from acquisition settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and debt costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

384

341

183

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt discount and debt costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

176

214

198

-

263

271

227

-

-

-

-

Interest on settlement obligations

-

-

-

-

-

-

-

-

-

0

0

13

13

13

23

23

23

22

32

47

45

45

55

54

52

52

62

77

75

75

97

104

112

-

-

-

-

Deferred tax expense

1

-

-

-

-

1

0

-5

-8

-

-

-

-

-

-

-

-

-

-

-

118

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on indemnification asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-60

508

250

43

Loss (gain) from change in fair value of warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-699

-1,136

2,932

-624

571

-431

-

-

-

-

-

-

-

-

Gain from change in fair value of warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

599

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

0

0

0

-12

-

-

-

-

-1

0

-8

-1

0

-2

-21

-102

-

-

-

-

-4

0

-24

-25

-31

-76

-16

-51

0

43

-58

-6

Gain on sale of MRI assets

-

-

-

-

-

-

-

-

-

0

0

0

2,158

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of convertible debentures

7,464

1,331

900

1,915

2,525

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on settlement obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

111

111

104

Changes in operating assets and liabilities:
Accounts receivable

-2,610

1,806

1,273

-585

984

298

-103

-936

-1,262

1,412

1,372

257

433

505

-1,294

278

-1,690

-951

870

-2,414

723

-1,825

630

2,095

-60

-796

2,320

633

521

-736

2,381

-1,106

437

-1,653

1,629

-48

686

Inventory

-149

224

129

268

403

-324

-182

-102

72

-214

-136

34

-238

-564

-70

-71

223

624

425

610

383

183

162

-96

74

-112

62

168

-346

257

-98

174

-254

-92

-248

-694

-415

Prepaid and other current assets

72

-129

-114

-398

347

-171

90

-32

-59

150

528

-622

-85

21

105

347

31

0

262

-177

112

-37

122

-66

-30

-19

182

-100

63

-254

-214

-105

104

-173

-81

-93

99

Accounts payable

-317

735

-472

243

330

281

0

-667

177

16

400

-768

137

265

-181

-140

40

36

-246

-362

15

395

-276

830

-799

-18

-463

756

-215

-291

838

213

55

-1,282

52

-200

55

Accrued expenses

-439

145

1,021

-598

414

1,269

434

-1,395

186

-482

434

-465

8

231

767

251

-940

-156

-102

-240

-1,562

154

718

17

-593

190

714

-110

-1,403

397

119

-382

-1,909

-10

-555

674

-822

Deferred revenue

-113

178

-146

122

-46

-600

-744

592

298

366

-51

-165

-483

-201

-1,144

-198

-1,038

-881

775

-2,393

431

-1,049

635

-79

-119

900

-75

593

592

-6

1,041

35

-258

-121

610

251

523

Total adjustments

10,396

1,013

588

2,939

1,904

1,799

506

205

2,640

2,463

4,618

992

-1,154

1,700

1,776

533

612

527

154

28,177

1,689

3,448

1,914

326

-1,475

6,160

-1,873

2,330

-442

3,128

1,183

2,488

-1,629

1,549

23,301

1,969

626

Net cash used for operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-1,611

-

-899

-1,042

-1,921

-1,875

-248

391

-168

3,352

2,188

-671

-1,665

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for operating activities

-1,416

-2,335

-2,368

-591

-1,813

-1,545

-859

-822

-641

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,169

-

-282

-455

-3,893

-678

-2,336

-3,442

-3,686

Cash flow from investing activities:
Additions to patents, technology and other

1

2

1

6

1

6

5

2

2

3

0

0

2

4

5

1

2

3

1

25

11

-9

15

29

15

144

5

17

2

67

0

0

3

-

-

-

-46

Additions to property and equipment

155

85

75

108

28

194

47

38

22

28

32

77

253

89

25

90

133

43

90

265

534

584

165

263

202

29

236

177

97

200

190

244

31

30

42

109

82

Acquisition of VuComp M-Vu CAD

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of MRI assets

-

-

-

-

-

-

-

-

-

0

0

0

2,850

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used for) provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

2,595

-

-30

-91

-141

-46

-91

-1,990

-545

-575

-3,662

-292

-217

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for investing activities

-156

-87

-76

-114

-29

-200

-52

-40

-24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-99

-

-190

-244

-34

-34

-51

-155

-36

Cash flow from financing activities:
Issuance of common stock for cash, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-29

28,243

-

-

-

-

-

-

-

-

-

-

-

-

Stock option exercises

196

4

1

220

1,175

-

-

-

-

22

27

11

19

10

178

0

10

17

22

36

291

92

323

6

287

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments of capital lease obligations

-

6

4

3

3

4

3

3

3

-

-

-

-

150

234

246

316

352

352

479

214

342

248

33

32

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayment of debt financing

-4,638

-

-

-

-200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from debt financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

14,325

-

-

-

-

Principal repayment of debt financing, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

11,250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of line of credit

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from debt financing

7,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid related to restricted stock issuance

-

-

-

-

-

50

67

6

57

90

29

77

45

49

0

20

45

0

3

24

60

0

9

0

101

3

0

18

7

1

0

4

9

60

2

-21

26

Debt issuance costs

43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used for financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-26

-

-56

-266

-351

-335

-333

-467

-11,233

-4,000

66

-2,581

28,397

-

-

-

-

-

-

-

-

-

-

-

-

Payment for Xoft

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

59

1,209

Net cash provided by financing activities

515

308

304

8,957

972

7,120

-70

-9

-60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

-

0

-4

14,316

0

-2

-38

-1,235

Decrease in cash and equivalents

-1,057

-2,114

-2,140

8,252

-870

5,375

-981

-871

-725

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Decrease) increase in cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-

958

-

-985

-1,399

-2,413

-2,256

-672

-2,066

-11,946

-1,223

-1,408

-3,544

26,515

1,671

-2,703

239

-1,275

158

-472

-703

10,389

-712

-2,389

-3,635

-4,957

Supplemental disclosure of cash flow information:
Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

3

-

13

21

29

37

50

60

411

294

275

585

483

499

612

553

499

-

-

-

-

-

-

-

-

Interest paid

122

239

69

253

82

79

76

72

67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Taxes paid

26

10

6

19

8

9

7

12

23

8

7

16

29

2

16

17

32

27

8

55

38

32

45

24

56

-39

84

8

25

-

-

-

-

-18

6

0

52

Issuance of stock upon conversion of debentures

21,164

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for new operating lease liabilities

69

464

1,734

0

907

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-