Identiv, Inc. INVE Cash Flow

Identiv, inc. (INVE)

CashFlow / TTM

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net loss
-2,383	-1,151	1,300	-56	-3,217	-4,703	-9,871	-10,617	-9,776	-8,152	-4,682	-4,391	-5,457	-13,703	-31,694	-38,120	-43,333	-39,220	-26,400	-23,117	-17,544	-17,903	-13,865	-35,515	-36,011	-35,798	-33,128	-16,184	-51,918	-53,568	-56,817	-52,145	-14,944	-10,221	0	0	0
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Gain on sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	459	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Re-measurement of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-120	-1,299	-1,303	-6,836	-6,716	-4,833	-5,517	-1,958	-1,983	0	0	0
Depreciation and amortization
3,578	3,583	3,509	3,356	3,279	3,167	3,033	2,937	2,862	2,752	2,759	2,906	2,904	3,170	3,437	3,320	3,315	3,148	2,963	2,988	2,992	3,015	3,255	3,406	3,738	3,981	3,969	4,093	5,084	5,563	6,143	6,699	5,946	5,581	0	0	0
Loss on extinguishment of debt, net
-	-	-	-	-	-	-	-	-	-788	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest on contractual payment obligation
41	53	164	187	209	229	208	234	282	305	341	387	381	399	473	478	507	536	398	407	420	432	614	609	627	652	673	699	728	745	0	0	0	-	-	-	-
Accretion of interest to related party liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Interest on financial liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Re-measurement of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Stock-based compensation expense
2,603	2,650	2,728	2,742	2,698	2,646	2,551	2,512	2,524	2,480	2,513	2,712	2,496	2,842	3,212	3,478	4,362	4,667	4,867	4,277	3,205	2,163	1,322	1,081	1,190	1,465	1,463	1,724	1,179	1,208	1,280	971	1,537	1,227	0	0	0
Amortization of debt issuance costs
51	52	99	147	253	337	470	609	693	807	795	729	660	811	343	587	666	408	747	546	481	2,099	2,276	2,327	2,323	728	0	0	0	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-331	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of acquisition:
Accounts receivable
4,582	2,754	3,937	2,321	2,238	68	1,387	1,281	1,084	2,786	1,468	1,628	311	1,437	-1,323	-715	-1,186	-5,450	-1,204	-2,834	-2,699	1,472	-2,011	2,201	1,217	-1,024	4,411	529	1,932	3,135	-1,490	-1,280	203	-2,140	0	0	0
Inventories
3,501	2,278	417	-700	-639	959	-1,655	-34	-1,312	-484	1,241	-1,316	-2,586	-3,285	-3,042	1,287	5,094	5,858	6,845	3,016	529	710	-173	67	1,284	1,804	-22	1,690	335	-484	953	-353	-1,742	-1,923	0	0	0
Prepaid expenses and other assets
-81	-569	464	1,160	717	1,297	149	134	178	275	369	-177	-556	-441	-613	-2,625	115	-196	666	2,619	10	168	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Prepaid expenses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,375	-257	517	635	769	-409	-403	-526	0	0	0
Accounts payable
2,164	2,756	1,608	630	-1,122	-1,819	-3,624	-2,985	-2,082	-222	1,186	1,034	2,349	-191	1,003	-1,136	-1,548	-1,890	-725	-931	-3,936	115	-2,922	2,725	3,162	1,354	-483	727	-459	-433	3,265	1,255	-24	-2,112	0	0	0
Contractual payment obligation liability
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment obligation liability
-	-	-	-	-	-1,230	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment obligation liability
-	-	-	-	-	-	-	-	-	-	-	-1,198	-1,190	-1,185	-1,226	-1,167	-1,161	-1,157	-992	-986	-981	-973	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-1,118	-11	-203	-466	-1,200	-1,449	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liability to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,827	-1,805	-1,827	-1,818	-1,052	-1,088	-1,050	-1,042	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-445	-430	-277	320	1,023	1,009	981	392	-153	-199	-1,306	-1,233	-1,217	-646	167	-340	-48	766	190	1,447	832	-291	0	0	0
Accrued expenses and other liabilities
-429	-1,775	-3,944	-2,705	-2,885	-1,419	120	-674	-2,057	-2,705	-2,792	-3,658	-3,528	-550	-717	1,670	3,947	920	728	375	-1,135	-1,540	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	914	50	-652	-1,813	-541	-3,045	-1,230	-2,010	0	0	0
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash (used in) provided by operating activities
-4,771	427	-815	-195	-4,172	-5,196	-5,658	-7,604	-6,465	-7,711	-5,087	-2,681	29	-6,217	-12,339	-20,391	-27,131	-23,003	-19,319	-14,005	-10,631	-11,733	-9,603	-5,555	-5,583	-2,428	-7,564	-7,281	-11,331	-12,866	-6,738	-8,240	-7,047	-4,868	0	0	0
Cash flows from investing activities:
Capital expenditures
361	289	914	1,234	1,344	1,346	915	920	984	967	810	472	355	549	213	272	416	341	705	1,177	1,218	1,311	1,777	1,674	1,768	2,074	2,988	2,647	2,329	3,241	2,540	2,575	2,843	1,728	0	0	0
Proceeds from sale of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of business, net of cash acquired
-	1,287	1,930	1,930	1,930	2,027	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-572	0	0	0	-	-	-	-
Net cash used in investing activities
-269	-1,484	-2,844	-3,164	-3,274	-3,373	-2,299	-2,304	-2,368	-967	-810	-472	-355	-549	-213	-272	-416	-341	-705	-1,068	-1,109	84	-2,671	-2,677	-2,771	-4,363	-2,292	-2,647	-2,329	-2,669	-2,664	-4,762	-7,425	-6,882	0	0	0
Cash flows from financing activities:
Proceeds from issuance of debt, net of issuance costs
8,960	6,260	10,287	12,535	13,848	21,801	27,241	33,944	41,150	53,035	0	0	0	-	-	-	-	-	-	-	-	16,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt
2,948	3,610	6,746	12,973	18,633	28,214	39,548	43,235	47,679	58,741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of notes payable
-	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,755	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net share settlement of restricted stock units
887	890	854	893	734	668	685	901	871	777	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock under stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	0	0	0	-	-	-	-	132	132	219	219	341	0	0	0	-	-	-	-
Proceeds from issuance of common stock under employee stock purchase plan and options and warrants exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for acquisition of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	0	0	0	-	-	-	-
Payments on financial liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,354	9,805	9,336	9,925	3,744	3,410	2,085	1,678	1,420	285	790	829	879	0	0	0
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,915	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net cash provided by (used in) financing activities
5,138	-227	668	-3,337	370	808	6,795	9,589	17,039	17,956	0	0	0	-	-	-	-	2,131	-100	32,299	31,495	41,909	0	0	0	-	-	-	-	5,542	-2,239	-1,763	17,577	17,861	0	0	0
Effect of exchange rates on cash
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Effect of exchange rates on cash
-	-	-	-	-	-	-	-	-	-	-	129	72	-564	499	584	684	1,333	414	1,095	1,302	1,176	274	-716	-1,202	-1,176	-910	-461	144	132	212	485	306	329	0	0	0
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,250	-2,648	-7,854	-9,861	-11,429	-14,280	3,411	6,440	0	0	0
Net increase (decrease) in cash
-	-	-	-	-	-	-	0	0	-	6,558	8,566	-1,073	-7,551	-12,233	-21,444	-24,132	-19,880	-19,710	18,321	21,057	31,436	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental Disclosures of Cash Flow Information:
Interest paid
840	857	929	943	1,679	1,787	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	1,635	1,615	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid, net
230	220	225	198	164	179	153	166	138	140	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash investing and financing activities:
Warrants issued as debt issuance costs in connection with debt agreement
-	-	-	-	-	-	-	-	-	2,319	2,512	2,656	2,656	569	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued in connection with business combinations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,041	0	0	0	-	-	-	-
Common stock issued to acquire share of noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,216	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock option grants issued in connection with stock bonus and incentive plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99	161	161	179	672	0	0	0
Property and equipment included in accounts payable and accruals
-	-	-	-	-	-	-	-	-	-	-	-	-	32	365	434	471	333	39	-29	-39	30	-152	-152	-32	157	585	566	625	382	0	0	0	-	-	-	-
Leasehold improvements funded by lease incentives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	508	0	0	0	-	-	-	-	-	-	-	-
Common stock issued for acquisition of business, net
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	428	0	0	0	-	-	-	-	420	518	538	773	1,628	0	0	0
Promissory notes issued in acquisition of business
-	-	-	-	-	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock
Common stock issued for acquisition of business, net
-	1,635	4,132	4,132	4,473	5,132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-