IRIDEX CORP IRIX Cash Flow

Iridex corp (IRIX)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Mar'18	Dec'17	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
Operating activities:
Net loss
-7,416	-8,813	-10,108	-11,397	-12,258	-12,813	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-16,102	-13,680	-11,713	-460	653	329	474	8,800	8,848	9,797	10,038	1,686	1,726	1,844	2,231	2,061	786	707	1,438	1,982	3,076	3,649	2,610	0	0	0
Less income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,608	0	0	0	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-170	0	0	0	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
645	688	710	768	802	809	-	815	836	844	-	858	847	774	713	648	594	561	544	522	502	469	432	420	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of earn-out liability
-	47	102	221	194	149	-	232	254	264	-	260	131	123	109	95	220	6	8	5	826	1,099	1,167	1,258	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
1,183	1,703	1,685	2,200	1,990	1,803	-	2,081	1,929	1,958	-	1,922	1,908	1,857	1,991	1,821	1,440	1,133	784	895	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less income from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
(Loss) income from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	533	516	450	410	0	0	0
Change in fair value of earn-out liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Change in fair value of earn-out liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Stock-based compensation cost recognized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	622	425	402	388	430	556	496	478	0	0	0
Provision for doubtful accounts
42	25	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	98	86	50	37	17	61	117	116	111	33	-24	-23	-24	-12	0	0	0
Changes in operating assets and liabilities:
Provision for inventory reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts receivable
-1,383	271	327	907	1,984	1,159	-	1,044	83	-2,466	-	-2,162	-484	-1,310	-309	865	282	1,234	1,317	1,007	231	110	1,386	1,078	1,885	1,148	718	1,926	364	340	1,000	-38	-82	473	-905	82	0	0	0
Inventories
-444	-545	258	26	-454	-463	-	-1,650	-2,118	-2,251	-	-2,091	-2,009	-753	586	537	1,494	1,970	1,288	1,987	1,580	418	-4	-1,486	-450	757	1,655	2,514	2,456	1,401	1,109	1,376	915	786	1,249	1,027	0	0	0
Prepaid expenses and other current assets
-76	-145	105	-52	94	54	-	-179	165	113	-	50	-554	-72	143	64	559	-55	-164	-124	118	29	-141	-66	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	703	753	737	75	0	0	0
Other long-term assets
-49	-47	-35	16	13	49	-	168	124	95	-	63	-39	-58	-73	-84	-97	-88	-62	-57	-54	-64	-78	-82	5	-21	-10	16	14	110	115	88	0	0	0	-	-	-	-
Other long term assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Accounts payable
-899	76	-126	-51	420	788	-	688	463	32	-	-270	-608	-1,414	-752	-229	-87	1,134	172	465	717	52	754	-520	-235	-565	490	173	548	434	-264	525	-236	530	126	66	0	0	0
Accrued compensation
173	-563	-337	-241	-196	503	-	-54	234	172	-	113	764	408	286	774	263	280	-116	-291	-191	241	1	-28	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Accrued compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Accrued expenses
-228	-752	-447	-36	-73	614	-	707	495	730	-	25	115	32	7	478	160	33	17	-36	-90	308	476	17	63	144	-519	171	278	-85	103	-756	-681	-139	-459	285	0	0	0
Accrued warranty
-311	-324	-319	-350	-408	-875	-	150	260	466	-	1,132	0	0	0	-	42	90	99	134	-10	14	27	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-566	-415	-323	-333	23	-295	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued warranty
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-56	-68	-93	-103	-104	-103	-81	-51	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	132	36	116	113	46	113	65	141	129	201	218	36	-10	-99	-177	-83	12	0	0	0
Other long-term liabilities
-	-	-	-	-	87	-	118	227	215	-	125	119	82	65	65	47	55	63	67	47	28	-115	-20	0	0	0	-	-	-	9	21	27	-65	26	26	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,292	-144	-44	850	-684	-593	1,000	2,976	3,986	4,014	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-5,569	-7,913	-9,775	-10,133	-11,095	-10,025	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-302	-1,138	-19	943	1,736	2,251	0	0	0
Investing activities:
Acquisition of property and equipment
129	128	174	177	233	440	-	424	513	508	-	575	812	1,131	1,314	1,062	936	654	567	875	827	812	857	568	617	652	470	380	319	292	291	394	373	341	288	203	0	0	0
Payment on earn-out liability
-	381	403	400	391	387	-	392	390	390	-	382	385	394	394	406	408	377	423	423	426	431	461	459	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-414	-509	-577	-577	-624	-827	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-616	-722	-614	-578	-449	-278	0	0	0
Financing activities:
Payment on earn-out liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,708	-1,468	-1,344	-1,031	-990	-1,298	-1,253	-1,243	-1,318	-1,027	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	2,263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
-	-	-	-	-	98	-	146	224	237	-	377	387	511	627	709	930	826	785	1,027	1,066	1,266	1,659	1,501	1,600	1,530	1,551	1,495	1,117	895	482	445	355	370	445	321	0	0	0
Taxes paid related to net share settlements of equity awards
65	156	169	143	149	194	-	215	217	203	-	333	294	268	359	99	99	100	14	606	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of legal costs in connection with tender offer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Payment of legal costs in connection with tender offer
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Net cash (used in) provided by financing activities
-65	-156	-330	10,368	10,401	10,379	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,251	-2,390	-350	-173	-89	-327	0	0	0
Effect of foreign exchange rate changes
12	37	-95	-70	-29	-40	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-6,036	-8,541	-10,777	-412	-1,347	-513	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	59	79	952	1,430	1,563	2,797	3,089	4,610	4,665	3,643	2,596	627	426	2,451	2,615	2,693	2,835	705	543	534	648	0	0	0
Net cash (used in) provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,344	15,364	752	-501	-934	-1,417	-2,576	-2,392	-3,515	-3,128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	695	724	630	-238	797	0	0	0
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,632	0	0	0	-	0	0	0
Net cash used in financing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Effect of foreign exchange rate changes from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	34	34	34	-1	0	0	0
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,362	5,390	5,296	4,428	796	0	0	0
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	13,073	13,344	13,752	-636	-682	-2,608	-3,308	-2,829	-659	-847	-141	-1,047	-643	2,388	1,543	355	-280	-2,275	1,112	4,407	5,488	5,626	2,442	0	0	0
Supplemental disclosure of cash flow information:
Cash paid during the year for Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	31	30	26	27	21	20	33	35	-501	-490	-542	-536	-104	-128	-122	-145	525	991	504	522	0	0	0
Supplemental disclosure of non-cash activities:
Transfer of inventory to property and equipment
98	67	108	186	123	166	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0
Accrual for unsettled repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-