ITERIS, INC. ITI Cash Flow

Iteris, inc. (ITI)

CashFlow / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10
Cash flows from operating activities
Net loss
-2,068	-2,187	-1,572	-2,432	-2,464	-1,341	-1,579	-2,415	343	-984	-470	-3,368	-1,379	-41	-38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	797
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,442	-395	-192	-766	-98	-187	-19	50	238	661	460	56	1,097	550	676	360	747	1,310	97	-	-	-	-
Adjustments to reconcile net loss to net cash used in operating activities:
Right-of-use assets non-cash expense
538	349	423	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
5	-21	2	2	3	-25	2	721	-1,354	-32	5	-12	11	6	7	-15	9,199	-121	-204	-265	-423	-72	11	11	105	361	233	410	376	269	359	55	-114	282	63	150	-677	333	467
Depreciation of property and equipment
214	222	198	193	198	198	265	226	205	204	184	185	183	185	176	167	166	165	151	145	128	125	127	183	183	191	211	209	229	240	223	191	220	227	269	300	246	240	244
Stock-based compensation
654	793	602	601	530	503	522	456	448	428	449	258	232	262	224	230	233	113	83	124	89	86	99	47	89	96	68	59	77	76	67	94	62	87	88	96	100	95	91
Amortization of intangible assets
466	387	247	302	273	285	265	201	202	186	137	111	158	188	166	126	133	134	133	133	143	161	160	197	214	161	161	-	-	-	-	-	-	-	-	-	-	-	36
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	4	4	4	5	9	7	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	161	-	141	101	106	-	-	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	334	-	-	-	-	-	-	-	-
Change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-281	-375	17	-	-	-	-
Gain on sale of discontinued operation, net of tax
-	-	-	-	-	-	-	-16	95	77	86	83	87	135	56	51	57	54	52	56	56	46	49	49	10	0	30	-13	1,391	0	87	-	-	-	-	-	-	-	-
Loss on disposal of equipment
-	-	-	-	-	-	-	-1	-9	1	-7	0	-2	1	-13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable
1,210	-970	-450	2,624	-1,097	-1,126	3,662	-779	-1,431	-2,334	3,111	1,856	-16	-800	18	1,390	-1,075	1,273	447	198	-872	-558	89	1,706	485	-2,299	1,511	2,488	-78	-1,675	-870	1,471	-115	-501	971	65	-889	-516	288
Unbilled accounts receivable and deferred revenue, net
-807	289	660	-78	-1,420	97	944	52	371	397	-654	-674	-1,499	513	1,111	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net costs and estimated earnings in excess of billings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-399	-583	-95	-	163	-543	-954	387	618	900	-1,871	-713	980	351	-48	208	339	413	-58	381	-32	-68	220
Inventories
1,181	153	-527	-907	421	606	-125	-51	189	302	231	-503	-21	134	-513	109	-114	132	-36	289	506	322	-601	-122	647	-52	-392	-442	790	-253	-84	545	-157	-442	-25	207	252	178	316
Prepaid expenses and other assets
387	529	413	-287	-285	-365	35	1,184	-1,020	-84	613	133	85	-121	311	11	155	-196	437	-286	33	5	239	-662	-130	273	379	277	65	209	242	-198	-379	271	22	-96	99	-292	78
Accounts payable, accrued expenses, and other liabilities
6	483	8	1,006	210	-3,661	3,015	817	987	-3,879	2,990	2,082	1,524	9	-33	1,882	-1,530	1,267	-1,173	1,736	-413	463	-70	1,681	-47	517	-1,463	1,579	401	-657	-862	-90	-118	-164	661	395	-81	-692	1,183
Net cash used in operating activities
-2,198	25	-188	-1,680	1,131	-3,253	-2,026	-383	2,636	-2,436	-85	529	2,095	747	-468	-1,778	-862	537	-2,007	1,227	-448	1,308	1,490	923	-843	3,174	20	884	-674	2,020	963	-1,176	841	612	391	1,032	1,145	1,253	1,916
Cash flows from investing activities
Purchases of property and equipment
89	160	116	-125	219	163	229	91	184	256	548	171	96	109	292	183	188	162	323	128	515	228	115	96	105	106	145	337	90	275	113	42	122	108	65	116	49	148	101
Purchases of investments
5,613	1,072	20,179	0	0	374	3,705	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of investments
8,500	1,250	1,925	1,795	2,680	2,631	357	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized software development costs
26	306	216	334	115	129	82	1,102	1,084	443	307	598	111	205	256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	130	67	104	32	31	73	54	-	-	-	-	-	-	-	-
Cash paid in business acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	840	0	137	-	-	-	-
Net proceeds from sale of discontinued operation
-	-	-	0	0	0	107	109	142	123	137	131	276	29	59	-	-	-	-	43	1	0	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by investing activities
2,772	-5,869	-18,586	1,586	2,346	1,965	-3,552	-6,403	-1,126	-576	-718	-638	69	-285	-489	-589	2	-68	-323	-85	-514	-228	-17	-122	-235	-173	-249	-88	970	-348	-167	-172	-962	11,338	-202	-1,232	-49	-148	-101
Cash flows from financing activities
Payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	634	458	957	457	458	482	957	458	457
Deferred payment for prior business combination
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	112	0	0	0	106
Repurchases of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	459	735	257	12	244	350	0	0	37	302	1,144	649	242	442	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
9	67	14	23	11	10	41	-	-	-	-	430	24	200	14	-	-	-	-	-	-	-	-	85	0	158	27	9	93	25	125	22	0	60	3	38	0	0	19
Proceeds from ESPP purchases
204	0	172	12	188	0	165	-	-	-	160	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of costs
0	0	26,751	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
197	67	26,937	-8	198	6	206	135	371	376	160	429	4	165	14	15	104	-228	-735	-257	-348	-231	-350	85	-250	-319	-275	-1,832	-556	-244	-951	-1,470	-1,203	-547	-567	-444	-957	-458	-544
Increase (decrease) in cash and cash equivalents
771	-5,777	8,163	-102	3,675	-1,282	-5,372	-6,651	1,881	-2,636	-643	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	2,168	627	-943	-2,352	-756	241	-3,065	885	-1,310	849	1,123	886	-1,328	2,682	-504	-1,036	-260	1,428	-155	-2,818	-1,324	11,403	-378	-644	139	647	1,271
Supplemental cash flow information:
Interest
-	-	-	-	-	-	-	-	-	-	-	0	5	4	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	4	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for: Income taxes
8	12	42	3	-61	13	49	2	40	32	56	114	5	0	47	0	139	0	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental schedule of non-cash investing and financing activities:
Lease liabilities arising from obtaining right-of-use assets
62	52	43	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-