Inseego corp. (INSG)
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 income (loss)

-50,805

-40,110

-31,254

-11,594

-7,554

-8,143

-7,796

-32,428

-37,786

-45,840

-69,366

-74,127

-64,783

-60,568

-47,549

-49,840

-56,367

-52,294

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-37,019

-63,859

-60,467

-89,266

-77,758

-41,327

-40,725

-24,892

0

0

0

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization

19,487

18,426

15,939

13,622

13,285

13,733

13,740

13,931

14,082

14,274

14,315

14,482

14,534

14,053

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,003

5,760

6,479

7,408

8,064

8,446

8,764

8,949

9,364

9,909

10,654

12,337

13,833

15,154

16,953

17,868

0

0

0

Amortization of acquisition-related inventory step-up

-

-

-

-

-

-

-

-

-

-

-

-

-

1,829

5,161

5,340

5,875

4,097

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on goodwill and intangible assets impairments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Provision for bad debts, net of recoveries

500

715

710

626

553

555

1,168

1,200

1,749

1,618

2,026

1,734

1,348

1,136

456

599

352

422

-39

-66

15

86

1,118

1,663

1,810

1,936

1,405

733

557

439

20

5

56

40

0

0

0

Loss on impairment of abandoned product line, net of recoveries

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for excess and obsolete inventory, net of recoveries

704

980

210

300

529

1,040

2,017

2,578

2,523

1,674

1,553

1,876

1,917

3,257

2,813

2,297

2,148

1,043

1,159

648

3,408

3,382

4,308

5,554

4,459

4,344

4,249

4,350

2,657

2,843

1,776

685

820

689

0

0

0

Share-based compensation expense

7,798

7,302

7,153

7,634

5,053

4,876

4,484

3,713

3,537

3,748

4,093

4,245

4,613

4,588

6,560

6,699

6,626

6,350

5,199

4,322

3,901

3,588

2,211

2,793

2,971

3,443

4,939

5,732

6,615

7,500

7,335

7,154

6,522

5,983

0

0

0

Amortization of debt discount and debt issuance costs

9,026

9,772

9,773

9,772

9,772

9,772

9,771

10,087

10,378

10,283

9,952

9,306

8,683

8,447

8,446

8,446

6,804

4,692

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of inducement shares issued in Notes Exchange

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of assets

-

-

-

-

-

-

-

-

-

-

-196

-2,317

4,663

4,742

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of purchased intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49,521

0

0

0

-

-

-

-

Deferred income taxes

-578

-598

5

3

0

14

306

328

294

319

940

389

129

196

-629

-102

194

106

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Unrealized foreign currency transaction loss (gain), net

-

-

-

-

-

-

-

-

-

316

319

-1,499

-2,379

-3,513

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized foreign currency transaction loss, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from equity based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-334

-220

-534

-317

-231

-462

0

0

0

-

-

-

-

Other

-206

-840

-2,144

-1,737

-1,128

-2,022

-3,220

-2,155

-2,407

-1,684

222

131

-167

-270

-408

-1,120

-619

-225

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

4,923

-377

-4,243

-2,481

7,032

6,883

8,014

-1,934

-10,872

-5,638

-2,349

-2,186

-2,863

-11,616

-21,305

-15,050

-11,249

-4,760

2,576

4,385

351

-15,688

-18,225

-12,282

-11,684

-730

8,677

-7,718

-5,716

6,242

-13,931

6,759

5,953

-26,437

0

0

0

Inventories

-13,649

3,077

15,741

19,548

22,085

11,437

-1,162

-3,679

-5,421

-3,020

3,279

12,707

6,411

3,159

6,242

-528

1,760

3,960

3,974

4,226

14,427

13,392

5,422

2,679

-602

-6,879

-5,253

-6,318

-10,428

-420

-10,845

-9,891

-11,279

-122

0

0

0

Prepaid expenses and other assets

2,198

901

3,707

838

-10

-3,251

-3,255

-1,847

-4,136

3,239

-2,984

863

2,029

-869

2,929

-1,445

-609

-2,683

4,277

3,808

3,669

2,403

-2,980

-2,289

-1,874

489

2,168

-405

-683

1,237

1,061

1,599

719

-3,661

0

0

0

Accounts payable

-14,584

-12,996

-120

4,881

22,248

9,646

-1,819

-7,020

-24,142

-730

1,220

16,585

16,557

-7,825

-4,396

-13,487

-17,649

-11,187

-9,332

-7,367

7,610

10,036

-16,569

-21,072

-19,768

-19,237

7,507

4,758

-8,394

-10,433

-15,460

-14,197

-1,050

-24,293

0

0

0

Accrued expenses, income taxes, and other

1,147

1,271

-2,249

-4,625

-1,151

-3,037

-6,315

-2,821

-10,802

-8,744

-6,622

-6,887

1,340

3

1,261

-1,903

-3,726

866

4,409

-1,905

2,889

-4,798

-9,778

-3,584

-7,317

-4,733

3,660

3,439

1,224

3,638

0

0

0

-

-

-

-

Accrued expenses, income taxes, and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by (used in) operating activities

-12,638

-17,999

-12,894

-12,723

-2,418

-1,765

-3,654

-733

-15,779

-14,576

-21,421

-18,751

-3,418

-6,579

-588

-8,524

-26,141

-26,936

-33,080

-36,484

-28,795

-16,267

0

0

0

-

-

-

-9,773

-29,879

2,335

-7,466

16,771

-1,531

0

0

0

Cash flows from investing activities:
Installment payments related to past acquisitions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85,991

9,063

9,063

9,063

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property, plant and equipment

6,760

6,621

4,571

3,658

1,440

1,338

988

998

1,198

1,789

2,301

2,390

1,908

1,439

1,854

1,855

2,312

1,975

1,236

1,125

1,351

1,753

1,476

2,527

2,672

5,011

5,606

4,716

6,261

4,579

5,080

5,740

5,745

5,987

0

0

0

Proceeds from the sale of property, plant and equipment

630

517

489

568

169

144

180

101

220

253

419

666

572

629

438

191

161

46

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to capitalized software development costs and purchases of intangible assets

22,620

22,109

18,313

10,742

6,427

3,040

2,110

2,438

2,539

2,839

3,079

3,097

3,114

2,915

3,025

2,251

1,589

1,157

512

655

655

431

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,262

34,583

36,347

36,825

44,216

47,497

43,563

37,259

36,992

0

0

0

Marketable securities maturities / sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23,975

27,679

36,326

44,302

40,897

50,921

49,153

44,381

46,696

43,889

39,307

34,752

74,922

0

0

0

Net cash used in investing activities

-28,750

-28,213

-22,395

-13,832

-7,698

-4,234

-2,918

-3,335

-3,517

-4,375

-4,961

-4,646

4,310

5,035

7,655

8,006

-88,678

-97,087

-93,727

-85,620

4,983

20,432

0

0

0

-

-

-

1,191

-2,203

-8,753

-10,180

-8,536

31,659

0

0

0

Cash flows from financing activities:
Proceeds from Issuance of Preferred Stock and Preference Stock

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the issuance of short-term debt, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20,300

22,400

24,000

21,000

14,000

0

0

0

-

-

-

-

Principal repayments of short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,566

9,331

11,856

17,824

17,734

19,969

22,444

16,178

14,000

0

0

0

-

-

-

-

Proceeds from Warrant Exercises

8,803

17,542

10,639

10,639

10,639

0

0

0

0

-

-

-

-

-

-

-

-

8,644

8,644

8,644

8,644

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net repayment of DigiCore bank and overdraft facilities

-878

-1,047

-1,409

-1,639

-1,270

-1,453

-659

-865

-210

-76

-495

-304

-768

-840

616

1,626

1,425

1,581

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments under finance lease obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings from revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-3,758

-5,158

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Payoff of acquisition-related assumed liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,633

0

0

0

-

-

-

-

-

-

-

-

46

0

0

0

-

-

-

-

Principal payments under finance lease obligations

-

-

-

-

-

977

750

774

844

876

794

915

871

903

1,010

738

561

288

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Principal payments on mortgage bond

-

-

-

-

-

316

313

312

303

288

281

270

256

240

234

171

113

59

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash relating to short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

Taxes paid on vested restricted stock units, net of proceeds from stock option exercises

1,685

1,996

987

1,791

1,657

1,752

1,309

784

661

-506

-469

-368

-84

692

1,118

1,021

932

1,007

-189

-222

-538

-821

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Excess tax benefits from stock options exercised

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided by financing activities

43,160

27,469

18,357

28,153

28,420

17,667

18,748

13,369

28,666

30,366

30,073

15,719

-2,629

-1,291

103

1,351

113,998

119,167

117,256

131,386

21,470

10,908

0

0

0

-

-

-

5,217

1,120

930

1,060

1

-305

0

0

0

Effect of exchange rates on cash

-3,170

-259

-731

-166

-2,538

-1,851

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash, cash equivalents and restricted cash

-1,398

-19,002

-17,663

1,432

15,766

9,817

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Taxes paid on vested restricted stock units, net of proceeds from stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

Effect of exchange rates on cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-139

159

-224

-205

-288

-427

-393

-294

-115

-131

-147

-88

-124

-144

-105

-123

-143

-63

-98

-230

-169

-129

0

0

0

Net decrease in cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-1,876

-2,676

6,946

628

-1,109

-5,283

-9,944

8,988

-2,457

14,942

2,025

-15,938

-6,445

-13,133

1,797

9,666

-3,508

-31,025

-5,586

-16,816

8,067

29,694

0

0

0

Supplemental disclosures of cash flow information:
Cash paid (received) during the year for:
Interest

8,220

9,296

10,268

10,607

10,630

10,642

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

114

67

71

65

47

20

16

17

2

6

7

8

0

0

0

Income taxes

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

7,996

7,296

7,132

7,137

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

939

662

769

477

672

897

897

663

440

159

146

117

115

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosures of non-cash activities:
Supplemental disclosures of non-cash activities:
Transfer of inventories to rental assets

3,684

3,748

3,667

3,433

3,622

3,973

4,736

5,369

5,811

5,943

6,738

5,999

6,023

5,568

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures financed through accounts payable

2,628

2,926

301

3,681

3,891

1,680

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for operating leases liabilities

5,357

4,694

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial fair value of warrant liability recorded upon issuance of Series C preferred and common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

386

0

0

0

Preferred Stock issued in extinguishment of term loan accrued interest

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt discount and issuance costs extinguished in notes conversion

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inseego Notes conversion to equity

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Novatel Wireless Notes conversion to equity

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock under amended earn-out agreement

-

-

-

-

-

-

-

-

-

2,638

2,638

2,638

2,638

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additional debt discount on exchange of convertible senior notes

-

-

-

-

-

-

-

-

-

3,600

3,600

3,600

3,600

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

145

128

159

121

63

125

110

104

18

-1

132

112

0

0

0