IRADIMED CORPORATION IRMD Cash Flow

Iradimed corporation (IRMD)

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
Operating activities:
Net income
9,554	9,630	8,096	8,041	7,307	6,303	4,780	2,572	1,574	499	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,478	8,785	8,324	7,529	5,396	3,766	3,014	2,050	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Change in allowance for doubtful accounts
46	31	17	18	28	15	28	11	10	-7	-16	-27	-11	12	6	-21	-24	3	-130	-50	-202	-108	0	0	0
Change in provision for excess and obsolete inventory
55	48	118	153	171	111	129	119	137	69	45	31	12	94	34	95	117	51	0	0	0	-	-	-	-
Depreciation and amortization
1,200	1,242	1,221	947	1,064	1,105	1,182	1,506	1,449	1,308	1,216	1,465	1,182	955	1,353	823	816	807	213	200	179	149	0	0	0
Excess tax benefit on the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-603	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefit on the exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Stock-based compensation
2,041	1,854	1,708	1,756	1,730	1,764	2,081	2,490	2,494	2,454	1,788	1,068	1,827	1,841	2,094	2,233	1,336	1,220	1,133	973	836	724	0	0	0
Deferred income taxes, net
688	596	-153	-58	-38	144	-346	20	97	150	702	254	567	570	560	299	37	16	71	376	263	167	0	0	0
Impairment of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	0	0	0	-	-	-	-
Loss on maturities of investments
-	10	-1	-30	-32	-28	-22	-1	-1	-6	-10	-43	-82	-83	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
569	3,114	1,722	1,914	2,077	446	1,739	205	-241	201	-795	-1,824	-919	-75	1,071	1,507	1,103	1,906	2,123	1,933	1,295	-130	0	0	0
Inventory
103	-123	433	314	299	121	318	263	167	334	585	1,205	1,326	1,483	1,242	833	674	308	748	651	873	847	0	0	0
Prepaid expenses and other current assets
359	487	524	158	819	407	1,016	1,636	1,214	1,161	656	1,146	880	702	1,157	679	711	615	108	81	123	154	0	0	0
Other assets
226	171	65	-74	-78	-65	26	32	35	13	36	88	109	117	178	127	116	113	20	19	15	15	0	0	0
Accounts payable
-492	149	124	269	489	34	14	-170	-283	-523	-319	-583	-538	1	75	245	443	376	276	268	228	201	0	0	0
Accrued payroll and benefits
199	363	425	222	243	289	372	234	175	477	142	46	129	-252	160	11	198	43	215	193	240	589	0	0	0
Other accrued taxes
40	463	-1	-10	52	23	18	-24	-85	-9	-123	67	97	88	167	7	4	-35	-17	-20	-16	-14	0	0	0
Warranty reserve
15	7	37	14	3	13	-8	20	6	19	10	3	29	6	-24	-23	-24	6	0	0	0	-	-	-	-
Deferred revenue
670	700	365	-161	374	-5	478	688	732	944	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,414	-4	190	501	295	792	609	186	0	0	0
Prepaid income taxes
-605	-3	303	-1,613	-1,960	-1,252	-1,097	1,135	53	-155	-42	-218	-127	917	1,400	1,639	1,946	1,775	685	172	967	-48	0	0	0
Net cash provided by operating activities
10,764	10,232	9,826	7,415	6,457	7,376	5,234	6,414	5,184	3,415	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Investing activities:
Net cash (used in) provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,024	-	4,181	3,077	3,179	2,585	0	0	0
Purchases of investments
-	-	-	-	-	-	-	-	-	2,693	2,029	3,550	5,585	4,992	0	0	0	-	-	-	-	7,951	0	0	0
Proceeds from maturity of investments
-	3,687	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturity of investments
-	-	-	-	-	-	-	-	-1,244	-	-2,995	-4,542	-5,775	-4,575	0	0	0	-	-	-	-	-	-	-	-
Purchases of property and equipment
451	368	274	241	273	228	273	469	573	775	886	767	821	780	652	601	457	298	272	486	619	583	0	0	0
Capitalized intangible assets
171	117	82	64	45	36	33	46	49	49	184	185	454	743	591	577	304	16	13	10	19	22	0	0	0
Net cash (used in) provided by investing activities
2,413	3,201	3,340	2,612	1,861	1,515	-1,073	-1,752	-750	-1,023	-105	37	-1,086	-1,941	-1,199	-1,385	-937	-61	-8,235	-8,191	-8,335	-8,302	0	0	0
Financing activities:
Proceeds from stock option and warrant exercises
-	-	-	-	-	1,239	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
0	-	-	-	0	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Taxes paid for the net share settlement of equity awards
584	473	442	442	327	309	129	128	118	158	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefits credited to equity
-	-	-	-	-	-	-	-	-	-	-	-	-	603	1,400	1,832	1,672	1,728	0	0	0	-	-	-	-
Purchases of treasury stock
-	-	-	-	-	-	-	-	-	-	-	-	-	9,969	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
1,774	2,020	1,771	1,062	1,272	929	1,131	-132	-1,797	-1,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
14,951	15,454	14,938	11,091	9,591	9,821	5,292	4,530	2,636	492	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of officer note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	0
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,353	-	1,469	13,280	13,020	12,709	0	0	0
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,733	-	-2,584	8,166	7,864	6,992	0	0	0
Supplemental disclosure of cash flow information:
Right-of-use asset recognized in exchange for new lease obligation
-	3,182	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating and short-term lease payments recorded within cash flow from operating activities
428	428	384	426	423	418	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,861	-	0	0	0	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0