Irhythm technologies, inc. (IRTC)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Net loss

-55,383

-54,568

-53,538

-46,541

-47,511

-50,378

-45,577

-41,316

-35,554

-29,740

-24,537

-22,088

-20,080

-20,903

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

4,400

3,400

2,900

2,500

2,352

2,300

2,197

2,065

1,850

1,600

1,025

767

639

568

0

0

0

Stock-based compensation

21,690

26,241

23,859

20,751

17,938

16,329

14,262

12,783

10,971

9,752

7,644

5,313

3,491

1,871

0

0

0

Amortization of debt discount and issuance costs

15

37

125

116

172

210

181

257

260

260

164

254

253

251

0

0

0

Accretion of discounts on investments, net of premium amortization

828

884

890

976

963

907

778

586

477

352

0

0

0

-

-

-

-

Change in fair value of preferred stock warrant liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

2,123

0

0

0

Non-cash interest expense

-

-

-

-

-

-

-

-

-

1,550

1,534

1,513

1,495

1,481

0

0

0

Provision for doubtful accounts and contractual allowances

28,420

24,647

24,437

20,691

19,179

16,448

12,887

11,446

10,130

9,222

7,229

6,786

5,420

4,686

0

0

0

Amortization of operating lease right-of-use assets

9,265

8,953

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

26,322

28,725

29,464

28,394

28,603

21,747

18,989

18,006

14,659

12,471

9,960

8,409

8,729

8,515

0

0

0

Inventory

1,723

1,974

1,179

607

648

380

1,006

937

701

293

-358

-225

-225

245

0

0

0

Prepaid expenses and other current assets

553

696

1,349

1,641

2,387

1,568

829

724

408

795

759

871

502

863

0

0

0

Other assets

6,369

4,732

2,416

1,530

505

-269

-645

-666

-288

467

1,186

1,244

1,351

1,235

0

0

0

Accounts payable

3,102

5,604

213

727

425

-192

143

214

374

634

203

715

-1,394

305

0

0

0

Accrued liabilities

2,596

6,002

12,926

6,817

7,417

10,501

7,673

6,035

4,653

5,757

5,037

4,426

4,746

3,380

0

0

0

Deferred rent

-

-

-

-

-

105

0

0

0

-

-

-

-

-

-

-

-

Deferred revenue

-147

28

-270

536

163

-15

255

85

119

291

54

198

606

441

0

0

0

Operating lease liabilities

-5,204

-5,241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-27,066

-21,863

-21,376

-26,251

-32,996

-29,093

-28,443

-27,134

-21,772

-14,911

-12,126

-10,687

-13,562

-16,651

0

0

0

Cash flows from investing activities
Purchases of property and equipment

22,157

20,457

10,133

7,422

5,777

5,180

4,598

3,668

3,496

3,562

3,593

3,814

3,278

2,763

0

0

0

Purchases of available-for-sale investments

164,308

165,915

165,089

95,493

97,312

93,133

113,656

116,411

103,444

129,829

0

0

0

-

-

-

-

Sales of available-for-sale investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Maturities of available-for-sale investments

114,700

95,600

96,788

114,039

136,189

126,493

137,630

143,911

123,411

98,707

0

0

0

-

-

-

-

Net cash provided by investing activities

-55,742

-89,274

-72,472

17,086

39,062

34,142

19,376

23,832

16,471

-34,684

-90,557

-97,451

-97,203

-68,166

0

0

0

Cash flows from financing activities
Proceeds from issuance of common stock

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Proceeds from issuance of common stock, net

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock in connection with follow-on public offering, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Tax withholding upon vesting of restricted stock awards

6,492

5,288

7,350

5,896

5,861

3,877

0

0

0

-

-

-

-

-

-

-

-

Payments of deferred issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash used in financing activities

111,221

111,576

111,137

6,078

5,562

6,303

5,983

6,203

6,100

6,532

117,260

115,413

112,103

111,252

0

0

0

Net increase in cash and cash equivalents

28,413

439

17,289

-3,087

11,628

11,352

-3,084

2,901

799

-43,063

14,577

7,275

1,338

26,435

0

0

0

Supplemental disclosures of cash flow information
Interest paid

1,627

1,644

4,759

5,153

5,689

6,065

2,950

2,923

1,962

1,550

1,530

1,128

1,494

1,591

0

0

0

Non-cash investing and financing activities
Property and equipment costs included in accounts payable and accrued liabilities

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for new operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering costs included in accounts payable and accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

188

0

0

0