Adesto technologies corporation (IOTS)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Cash flows from operating activities:
Net loss

-7,918

-7,568

-4,310

-7,060

-6,883

-8,397

-5,058

-1,102

-165

-997

-1,751

-2,775

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,078

-4,272

-1,540

-

-1,076

-1,766

-2,277

Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation expense

1,623

1,635

1,364

1,075

1,105

940

720

443

629

1,067

982

824

835

879

820

809

590

85

70

42

Depreciation and amortization

1,000

800

800

600

692

625

562

500

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

360

340

304

303

255

199

230

280

346

396

431

Amortization of intangible assets

1,788

1,789

1,788

1,788

1,752

1,138

687

294

295

309

309

309

308

309

309

309

309

309

309

309

Amortization of debt discount

-

-

405

401

-

-

266

19

18

19

21

24

40

384

104

118

149

138

191

26

Deferred income taxes

-152

-69

-76

-75

279

-428

-36

1

-

-

-

-

-

-

-

-

-35

2

4

3

Gain on sale of equipment

-

-

-

-

0

0

0

18

-

-

-

-

-

-

-

-

-

-

-

-

Gain from settlement with former foundry supplier

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,962

-

-

-

-

Changes in fair value of earn-out liability

0

0

0

320

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,429

441

72

9

Changes in assets and liabilities:
Accounts receivable

6,579

9,888

805

9

-1,495

4,514

4,792

3,520

-142

-245

2,993

-49

1,103

-846

437

-1,119

2,026

123

1,782

611

Inventories

3,680

1,574

-1,874

-1,992

1,094

383

3,894

1,740

1,551

-98

65

-886

-2,725

-1,227

555

1,211

387

1,402

-501

-1,373

Prepaid expenses and other current assets

237

-328

-448

301

-590

-1,058

-54

163

594

-151

-159

194

-1,142

-845

363

-137

-517

544

520

457

Other non-current assets

-81

87

-90

-176

-

-

-

129

-41

177

55

79

-

-

-

-

-

-

-

-

Accounts payable

3,358

1,954

1,213

545

-660

1,411

4,298

125

1,095

-281

1,482

225

-2,547

-1,228

875

-684

222

1,136

-720

1,228

Accrued compensation and benefits

920

197

67

57

337

966

-84

205

482

-42

388

187

258

-241

335

354

-144

-24

51

75

Accrued expenses and other current liabilities

1,902

1,429

-1,128

756

-1,897

-1,210

2,241

147

288

-149

-105

24

-35

277

199

270

-

-

-230

163

Price adjustments and other revenue reserves

-1,468

729

-441

1

-383

798

-141

4,545

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

-410

-284

-184

-303

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-116

-116

-115

-110

-107

-107

-107

-101

-

-

-

-

-

-

-

-

Net cash used in operating activities

-6,823

-5,417

1,020

-631

-4,597

-7,341

-5,226

-515

1,027

496

-1,395

-317

-

-

-

-

-

-

-

-

Cash flows from investing activities:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-525

-2,785

-2,051

-

-894

-3,568

296

Acquisition of property and equipment

1,999

1,177

741

600

577

527

1,811

293

814

395

1,054

605

123

1,259

749

350

171

281

76

31

Investment in unconsolidated affiliate

111

236

106

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-2,110

-1,413

-847

-604

565

-29,572

-36,652

-293

-1,498

-395

-1,054

-605

-

-

-

-

-

-

-

-

Cash flows from financing activities:
Proceeds from exercise of stock options and employee stock purchase plan

90

784

127

570

17

532

-48

329

142

253

128

258

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,259

-749

-350

-

-281

-76

-31

Tax withholdings related to net share settlement of restricted stock units

360

84

53

85

52

317

0

55

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving line of credit

-

-

-

-

-

-

-

1,500

3,171

5,970

10,083

11,374

-

-

-

-

-

-

-

-

Payments on revolving line of credit

-

-

-

-

0

0

0

1,500

3,671

5,957

9,994

11,283

-

-

-

-

-

-

3,665

608

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-13

-

-

-

-

-

-

-

-

Payments on term loan

0

34,617

438

437

-

-

-

-

11,455

1,636

1,637

1,636

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-7,762

37,213

-379

48

-326

42,523

20,393

274

36

-1,466

16,882

-1,287

-

-

-

-

-

-

-

-

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

753

-369

-248

203

173

-276

-122

2

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash, cash equivalents and restricted cash

-15,942

30,014

-454

-984

-4,185

5,334

-21,607

-532

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

11,000

1,500

1,500

-

0

5,700

900

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

9,040

-1,477

-1,500

-

2

5,546

-1,508

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-18

-20

-18

-

40

14

-175

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-2,222

-

7,238

-5,031

-3,919

17,752

-1,133

1,916

-1,418

Supplemental disclosures of other cash flow information:
Cash paid for interest expense

0

916

985

981

1,023

984

656

137

135

171

190

199

-

-

-

-

-

-

-

-

Cash paid for interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

207

15

272

-

203

154

164

Supplemental disclosures of non-cash investing and financing information:
Purchase of property and equipment included in accounts payable

-260

-56

523

165

374

-99

-807

1,065

73

-59

187

219

-

-

-

-

-

-

-

-