Adesto technologies corporation (IOTS)
CashFlow / TTM
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

-26,856

-25,821

-26,650

-27,398

-21,440

-14,722

-7,322

-4,015

-5,688

0

0

0

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-7,646

-

0

0

0

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

5,697

5,179

4,484

3,840

3,208

2,732

2,859

3,121

3,502

3,708

3,520

3,358

3,343

3,098

2,304

1,554

787

0

0

0

Depreciation and amortization

3,200

2,892

2,717

2,479

2,379

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

1,307

1,202

1,061

987

964

1,055

1,252

1,453

0

0

0

Amortization of intangible assets

7,153

7,117

6,466

5,365

3,871

2,414

1,585

1,207

1,222

1,235

1,235

1,235

1,235

1,236

1,236

1,236

1,236

0

0

0

Amortization of debt discount

-

-

0

1,507

-

-

322

77

82

104

469

552

646

755

509

596

504

0

0

0

Deferred income taxes

-372

59

-300

-260

-184

0

0

0

-

-

-

-

-

-

-

-

-26

0

0

0

Gain on sale of equipment

-

-

-

-

18

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain from settlement with former foundry supplier

-

-

-

-

-

-

-

-

-

-

-

-

1,962

0

0

0

-

-

-

-

Changes in fair value of earn-out liability

320

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in fair value of preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-907

0

0

0

Changes in assets and liabilities:
Accounts receivable

17,281

9,207

3,833

7,820

11,331

12,684

7,925

6,126

2,557

3,802

3,201

645

-425

498

1,467

2,812

4,542

0

0

0

Inventories

1,388

-1,198

-2,389

3,379

7,111

7,568

7,087

3,258

632

-3,644

-4,773

-4,283

-2,186

926

3,555

2,499

-85

0

0

0

Prepaid expenses and other current assets

-238

-1,065

-1,795

-1,401

-1,539

-355

552

447

478

-1,258

-1,952

-1,430

-1,761

-1,136

253

410

1,004

0

0

0

Other non-current assets

-260

0

0

0

-

-

-

320

270

0

0

0

-

-

-

-

-

-

-

-

Accounts payable

7,070

3,052

2,509

5,594

5,174

6,929

5,237

2,421

2,521

-1,121

-2,068

-2,675

-3,584

-815

1,549

-46

1,866

0

0

0

Accrued compensation and benefits

1,241

658

1,427

1,276

1,424

1,569

561

1,033

1,015

791

592

539

706

304

521

237

-42

0

0

0

Accrued expenses and other current liabilities

2,959

-840

-3,479

-110

-719

1,466

2,527

181

58

-265

161

465

711

0

0

0

-

-

0

0

Price adjustments and other revenue reserves

-1,179

-94

-25

275

4,819

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current liabilities

-1,181

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-457

-448

-439

-431

-422

0

0

0

-

-

-

-

-

-

-

-

Net cash used in operating activities

-11,851

-9,625

-11,549

-17,795

-17,679

-12,055

-4,218

-387

-189

0

0

0

-

-

-

-

-

-

-

-

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

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-9,474

-

0

0

0

Acquisition of property and equipment

4,517

3,095

2,445

3,515

3,208

3,445

3,313

2,556

2,868

2,177

3,041

2,736

2,481

2,529

1,551

878

559

0

0

0

Investment in unconsolidated affiliate

457

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-4,974

-2,299

-30,458

-66,263

-65,952

-68,015

-38,838

-3,240

-3,552

0

0

0

-

-

-

-

-

-

-

-

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

1,571

1,498

1,246

1,071

830

955

676

852

781

0

0

0

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-878

-

0

0

0

Tax withholdings related to net share settlement of restricted stock units

582

274

507

454

424

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from revolving line of credit

-

-

-

-

-

-

-

20,724

30,598

0

0

0

-

-

-

-

-

-

-

-

Payments on revolving line of credit

-

-

-

-

1,500

5,171

11,128

21,122

30,905

0

0

0

-

-

-

-

-

-

0

0

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Payments on term loan

35,492

0

0

0

-

-

-

-

16,364

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

29,120

36,556

41,866

62,638

62,864

63,226

19,237

15,726

14,165

0

0

0

-

-

-

-

-

-

-

-

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

339

-241

-148

-22

-223

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

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

12,634

24,391

-289

-21,442

-20,990

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments on term loan

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8,200

-

0

0

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

25,149

-

0

0

0

Effect of exchange rates on cash and equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-181

-

0

0

0

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-1,673

-

16,040

7,669

14,616

17,117

0

0

0

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

2,882

3,905

3,973

3,644

2,800

1,912

1,099

633

695

0

0

0

-

-

-

-

-

-

-

-

Cash paid for interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

629

-

0

0

0

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

372

1,006

963

-367

533

232

272

1,266

420

0

0

0

-

-

-

-

-

-

-

-