Identiv, inc. (INVE)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash flows from operating activities:
Net loss

-1,151

-4,703

-8,152

-13,703

-39,220

-17,903

-35,798

-53,568

-10,221

-10,174

-14,179

Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Gain on sale of discontinued operations

-

-

-

-

-

459

4,821

-

-

-

-

Earn-out consideration

-

-

-

-

-

3,510

-

-

-

-

-

Gain on sale of discontinued operations

-

-

-

-

-

-

-

-

-

220

383

Deferred income taxes

-

-

-

-

-

-

-120

-6,716

-1,983

-159

-2,056

Depreciation and amortization

3,583

3,167

2,752

3,170

3,148

3,015

3,981

5,563

5,581

4,696

1,061

Loss on extinguishment of debt, net

-

-1,369

-788

-

-

-

-

-

-

-

-

Impairment of goodwill and long-lived assets

-

-

-

-

8,771

-

27,584

51,869

-

-

-

Accretion of interest on contractual payment obligation

53

229

305

399

536

432

652

745

748

772

-

Re-measurement of contingent consideration

-

-

-

-

-

-

-

-5,657

510

-

-

Accretion of interest to related party liability

-

-

-

-

-

-

-

-

-

-

525

Interest on financial liabilities

-

-

-

-

-

-

-

-

-

79

-

Re-measurement of contingent consideration

-

-

-

-

-

-

-

-

-

221

-

Stock-based compensation expense

2,650

2,646

2,480

2,842

4,667

2,163

1,465

1,208

1,227

2,352

347

Amortization of debt issuance costs

52

337

807

811

408

2,099

728

93

-

-

-

Modification of equity awards

-

-

-

-

-

350

-

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-331

-17

-7

-364

-74

-

-

1,417

Pension charges

-

-

-

-

-

-

246

289

136

-19

-

Changes in operating assets and liabilities, net of acquisition:
Impairment of intangibles

-

-

-

-

-

-

-

-

-

-

647

Loss and impairment on equity investments

-

-

-

-

-

-

-

-

-

-

-2,244

Accounts receivable

2,754

68

2,786

1,437

-5,450

1,472

-1,024

3,135

-2,140

4,400

-4,855

Inventories

2,278

959

-484

-3,285

5,858

710

1,804

-484

-1,923

2,053

-1,483

Prepaid expenses and other assets

-569

1,297

275

-441

-196

168

-745

-

-

-

-

Income taxes receivable

-

-

-

-

-

-

-

-

-

-148

-811

Prepaid expenses and other assets

-

-

-

-

-

-

-

635

-526

371

-331

Accounts payable

2,756

-1,819

-222

-191

-1,890

115

1,354

-433

-2,112

3,307

25

Payment obligation liability

-1,267

-1,230

-1,192

-

-

-

-

-

-

-

-

Payment obligation liability

-

-

-

-1,185

-1,157

-973

-1,175

-

-

-

-

Deferred revenue

-11

-1,449

5

-

-

-

-

-

-

-

-

Liability to related party

-

-

-

-

-

-

-

-1,818

-1,042

-1,081

-516

Liability for consumer cards

-

-

-

-

-

-

-

-182

-

-

-

Deferred revenue

-

-

-

-430

1,009

-199

-646

766

-291

1,054

-

Accrued expenses and other liabilities

-1,775

-1,419

-2,705

-550

920

-1,540

3,793

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-1,813

-2,010

-1,971

722

Income taxes payable

-

-

-

-

-

-

-

-

-

-539

-171

Net cash used in operating activities from continuing operations

-

-

-

-

-

-

-

-

-

-8,358

-5,671

Net cash used in operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-941

-258

Net cash (used in) provided by operating activities

427

-5,196

-7,711

-6,217

-23,003

-11,733

-2,428

-12,866

-4,868

-9,299

-5,929

Cash flows from investing activities:
Capital expenditures

289

1,346

967

549

341

1,311

2,074

3,241

1,728

758

727

Purchase of unsecured convertible notes

50

-

-

-

-

-

-

-

-

-

-

Proceeds (net cash disposed of) related to sale of businesses

-

-

-

-

-

-1,395

2,289

-

-

-

-

Acquisition of business, net of cash acquired

1,287

2,027

-

-

-

-

-

-572

5,154

-3,881

-

Proceeds on sale of investment

142

-

-

-

-

-

-

-

-

-

-

Net cash (paid for) acquired from acquisitions

-

-

-

-

-

-

-

-

-

-

10,892

Proceeds from sale of assets, net

-

-

-

-

-

-

-

-

-

-

2,087

Sales and maturities of short-term investments

-

-

-

-

-

-

-

-

-

1,015

-

Net cash used in investing activities

-1,484

-3,373

-967

-549

-341

84

-4,363

-2,669

-6,882

4,138

-9,532

Cash flows from financing activities:
Proceeds from issuance of debt, net of issuance costs

6,260

21,801

53,035

-

4,000

16,000

-

6,882

-

-

-

Repayments of debt

3,610

28,214

58,741

-

-

-

-

-

-

-

-

Repayments of notes payable

2,000

-

-

-

-

-

-

-

-

-

-

Payment of debt issue costs

-

-

-

-

-

601

-

-

-

-

-

Proceeds from issuance of common stock, net of issuance costs

-

-

12,560

-

-

35,755

9,640

-

-

-

-

Taxes paid related to net share settlement of restricted stock units

890

668

777

221

-

-

-

-

-

-

-

Proceeds from issuance of Series B preferred stock, net of issuance costs

-

7,876

11,879

-

-

-

-

-

-

-

-

Proceeds from capital raise, net of issuance costs

-

-

-

-

-

-

-

-

18,212

11,532

-

Proceeds from issuance of common stock under stock plans

-

-

-

-

46

904

132

341

-

-

-

Cash paid for acquisition of noncontrolling interest

-

-

-

-

-

-

-

500

-

-

-

Payments on financial liabilities

-

-

-

-

-

8,354

3,744

1,420

879

53

-

Repurchase of common stock

-

-

-

-

1,915

1,795

-

-

-

-

-

Other

-

-

-

-

-

-

-326

-

-

-

-

Proceeds from exercise of stock options

13

13

-

-

-

-

-

-

-

-

-

Changes in bank line of credit, net

-

-

-

-

-

-

-

239

-605

98

-

Net cash provided by (used in) financing activities

-227

808

17,956

-221

2,131

41,909

5,702

5,542

17,861

11,577

-

Effect of exchange rates on cash

-199

-425

-

-

-

-

-

-

-

-

-

Net decrease in cash

-1,483

-8,186

-

-

-

-

-

-

-

-

-

Effect of exchange rates on cash

-

-

658

-564

1,333

1,176

-1,176

132

329

-453

-253

Taxes paid

-

-

-

-

104

353

243

115

50

91

792

Net (decrease) increase in cash

-

-

9,936

-

-

-

-

-9,861

6,440

5,963

-15,714

Net increase (decrease) in cash

-

-

-

-7,551

-19,880

31,436

-2,265

-

-

-

-

Supplemental Disclosures of Cash Flow Information:
Interest paid

857

1,787

2,661

-

-

-

-

-

-

-

-

Interest paid

-

-

-

1,615

1,400

1,528

1,951

1,495

1,049

865

487

Taxes paid, net

220

179

140

167

-

-

-

-

-

-

-

Cash received for income taxes

-

-

-

-

-

-

-

129

83

14

-1,078

Non-cash investing and financing activities:
Cancelation of holdback shares in connection with acquisition

340

-

-

-

-

-

-

-

-

-

-

Warrants issued as debt issuance costs in connection with debt agreement

-

-

2,319

569

-

-

-

-

-

-

-

Liability settled in common stock

-

-

255

-

-

-

-

-

-

-

-

Common stock issued to settle earn-out obligation

-

-

-

-

3,510

-

-

-

-

-

-

Common stock issued in connection with business combinations

-

-

-

-

-

-

-

3,041

3,024

41,254

23,785

Common stock issued to acquire share of noncontrolling interest

-

-

-

-

1,216

-

-

1,168

8

199

-

Stock option grants issued in connection with stock bonus and incentive plans

-

-

-

-

-

68

48

99

672

-

-

Property and equipment included in accounts payable and accruals

-

-

66

32

333

30

157

382

979

-

-

Cancellation of reacquired warrants

-

-

1,282

-

-

-

-

-

-

-

-

Dividends earned on Series B preferred stock

1,042

833

-

-

-

-

-

-

-

-

-

Issuance of shares to non-employees

-

12

-

-

-

-

-

-

-

-

-

Liquidation of subsidiary with noncontrolling interest

170

-

-

-

-

-

-

-

-

-

-

Net assets and liabilities of discontinued operations

-

-

-

-

-

-

8,466

-

-

-

-

Leasehold improvements funded by lease incentives

-

-

-

-

-

-

508

-

-

-

-

Common stock issued for acquisition of business, net

-

-

-

-

-

428

55

420

1,628

174

-

Conversion of stock options in connection with business combinations

-

-

-

-

-

-

-

-

-

3,007

-

Common stock issued in connection with contingent consideration

-

-

-

-

-

-

-

128

316

-343

-

Common stock issued to affiliates for conversion of loan

-

-

-

-

-

-

-

-

-

291

-

Promissory notes issued in acquisition of business

-

2,000

-

-

-

-

-

-

-

1,990

-

Fair value of contingent consideration in connection with business combinations

-

-

-

-

-

-

-

-

5,060

298

-

Common Stock
Common stock issued for acquisition of business, net

1,635

5,132

-

-

-

-

-

-

-

-

-