Professional diversity network, inc. (IPDN)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities:
Loss from continuing operations

-2,792

-13,167

-21,576

-

-

-

-

-

Net loss

-

-

-

-4,108

-38,255

-3,658

-1,436

2,371

Adjustments to reconcile net loss from continuing operations to net cash used in operating activities - continuing operations:
Depreciation and amortization

703

2,599

3,007

3,323

3,650

1,084

281

-

Depreciation and amortization expense

-

-

-

-

-

-

-

112

Deferred tax benefit

-177

-1,182

-1,928

-1,289

1,919

-3,062

-380

0

Amortization of right-of-use asset

151

-

-

-

-

-

-

-

Accretion of lease liability

10

-

-

-

-

-

-

-

Impairment charge

-

8,047

14,611

-

-

-

-

-

Loss (gain) on litigation settlement

-

-

-

1,240

0

-

-

-

Gain on lease cancellation

-

-

-

423

0

-

-

-

Gain on bargain purchase of business

-

-

-

-

-

429

0

-

Goodwill impairment charge

-

-

-

0

27,140

0

-

-

Stock-based compensation expense

224

799

900

264

446

565

0

-

Cash paid for interest

-

-

-

-

0

0

0

0

Working capital adjustment to note payable

-

-

-

-

32

0

-

-

Increase in goodwill resulting from NAPW legal settlement

-

-

-

-

133

0

-

-

Common stock issued in connection with acquisition of NAPW

-

-

-

-

-

35,272

0

-

Fair value of options issued in connection with acquisition of NAPW

-

-

-

-

-

556

0

-

Fair value of warrants issued in connection with acquisition of NAPW

-

-

-

-

-

294

0

-

Promissory note issued in connection with acquisition of Global Outreach

-

-

-

-

-

1,389

0

-

IPO costs in accounts payable

-

-

-

-

-

-

-

107

Deferred revenue in accounts receivable

-

-

-

-

-

-

-

500

Conversion of notes payable to equity

-

-

-

-

-

-

1,643

0

Reduction of additional paid-in capital for deferred IPO costs

-

-

-

-

-

-

1,342

0

Change in fair value of stock to be issued

-

-

-

-

-

-

415

0

Amortization of deferred financing costs

-

-

-

1,527

0

-

-

-

Fair value of warrants issued to advisor in connection with acquisition

-

-

-

-

-

138

0

-

Amortization of prepaid license fees

-

-

-

112

225

112

0

-

Amortization of premium on short-term investments, net

-

-

-

-

76

86

0

-

Amortization of customer deposits

-

-

-

112

225

112

0

-

Change in fair value of warrant liability

-

-

-

-401

93

-8

330

0

Loss on sale of marketable securities, net

-

-

-

-

-

-

-7

-5

Amortization of discount/premium on investments

-

-

-

-

-

-

-

0

Provision for bad debts

-

-

-

-

-

-

-

49

Loss on sale of property and equipment

-

-

-

-

-34

0

4

0

(Recovery) provision for bad debt

-0

54

36

0

70

0

-

-

Write-off of security deposit

-

170

-

-

-

-

-

-

Write off of accounts payable

375

-

-

-

-

-

-

-

Write-off of property and equipment

1

51

-

-

-

-

-

-

Payment of lease obligations

164

-

-

-

-

-

-

-

Write off property and equipment

-

-

-

-

191

0

-

-

Gain on settlement of debt

-

-

-

148

20

-

-

-

Write off of note payable

-

-

-

-

-

0

-

-

Interest added to notes payable

-

-

-

-

-

-

16

102

Accretion of debt discount

-

-

-

-

7

2

138

70

Changes in operating assets and liabilities, net of effects of discontinued operations:
Accounts receivable

-96

175

267

-340

-835

-371

-756

18

Prepaid expenses and other current assets

-54

-76

-486

545

30

-38

28

-

Incremental direct costs

12

-124

-277

-

-

-

-

-

Incremental direct costs

-

-

-

-600

123

-30

0

-

Prepaid license fee

-

-

-

-

-

450

0

-

Accounts payable

-431

693

-786

-1,053

-475

-2,547

-46

157

Accrued expenses

-14

-205

262

127

154

-1,629

85

-169

Deferred revenue

-563

-1,392

-1,481

-

-

-

-

-

Deferred rent

-

42

-3

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

63

Deferred revenue

-

-

-

-4,481

-2,139

174

524

0

Deferred rent

-

-

-

10

19

25

0

-

Customer deposits

-

-

-

-

-

450

0

-

Other liabilities

-

-

-

-

426

0

-

-

Other liabilities

-

-52

19

30

-

-

-

-

Other assets

-

-

-

-

-

-10

0

-

Net cash used in operating activities - continuing operations

-3,289

-3,601

-6,435

-

-6,164

-8,789

-

-

Net cash provided by operating activities - discontinued operations

-3,183

-104

230

-

-

-

-

-

Net cash used in operating activities

-6,473

-3,705

-6,205

-6,664

-

-

-415

2,617

Cash flows from investing activities:
Proceeds from maturities of short-term investments

-

-

-

500

5,547

10,240

242

150

Purchases of short-term investments

-

-

-

-

925

15,525

0

-

Cash paid for acquisition, net of cash acquired

-

-

-

-

-

3,110

135

0

Costs incurred to develop technology

2

119

182

0

419

180

354

358

Purchases of property and equipment

0

0

-

-

-

-

-

-

Purchases of property and equipment

-

-

153

5

84

37

38

20

Security deposit

-

-

4

-

-

-

-

-

Cash paid to purchase technology

-

-

-

-

-

-

200

0

Proceeds from the sale of property and equipment

-

-

-

-

9

0

6

0

Security deposits

-

-

-

163

-12

0

11

-2

Net cash used in investing activities - continuing operations

-3

-120

-363

-

4,114

-8,614

-

-

Net cash used in investing activities - discontinued operations

57

192

-2

-

-

-

-

-

Net cash provided used in investing activities

54

72

-343

657

-

-

-469

-230

Cash flows from financing activities:
Proceeds from the sale of common stock

6,614

2,921

3,063

17,063

5,235

0

-

-

Proceeds from short-term loan - related party

400

500

-

-

-

-

-

-

Repayment of note payable - related party

400

-

-

-

-

-

-

-

Exercise of warrants

-

-

-

687

0

-

-

-

Distributions to members

-

-

-

-

-

-

200

2,900

Proceeds from IPO, net of offering costs

-

-

-

-

-

-

19,474

0

Payment of offering costs

-

-

144

3,530

670

-

509

697

Merchant reserve

-

-

666

-

-

-

-

-

Repurchase of common stock

-

-

-

3,000

0

25

11

0

Proceeds from line of credit - related party

292

-

-

2,159

0

-

-

-

Repayment of line of credit - related party

292

-

-

2,159

0

-

-

-

Net cash provided by financing activities - continuing operations

6,614

3,421

-

-

2,600

187

-

-

Net cash provided by financing activities - discontinued operations

288

-

-

-

-

-

-

-

Payment of deferred financing costs related to Master Credit Facility

-

-

-

744

0

-

-

-

Payment of offering costs

-

-

-

-

-

0

-

-

Repayment of note payable

-

-

-

300

1,336

0

-

176

Merchant reserve

-

-

666

-

-400

667

0

-

Merchant reserve

-

-

-

166

-

447

0

-

Shares repurchased on vesting of restricted stock

-

-

-

-5

-

-

-

-

Shares repurchased on vesting of restricted stock

-

-

-

-

211

0

-

-

Payments of capital leases

-

-

-

0

15

7

0

-

Net cash provided by financing activities

6,903

3,421

3,585

10,004

-

-

18,753

-3,773

Effect of exchange rate fluctuations on cash and cash equivalents

42

49

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

527

-162

-

-

-

-

-

-

Effect of exchange rate fluctuations on cash and cash equivalents

-

-

33

0

-

-

-

-

Net decrease in cash and cash equivalents

-

-

2,929

3,998

551

-17,217

17,868

-1,386

Supplemental disclosures of other cash flow information:
Cash paid for income taxes

-

-

-

19

0

0

0

0

Cash paid for income taxes

8

67

-

37

-

-

-

-

Cash paid for interest

18

-

1

-

-

-

-

-