SemiLEDs Corp LEDS Cash Flow

Semileds corp (LEDS)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)
-1,710	-2,904	-3,565	-3,816	-3,284	-3,572	-2,981	-2,523	-3,783	-3,800	-4,104	-15,612	-17,289	-18,685	-21,304	-12,119	-11,902	-12,262	-13,318	0	0	0	-37,151	-42,114	-41,870	-44,638	-51,388	-50,106	-51,236	-49,949	-38,914	-33,935	-27,789	-16,138	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
960	1,036	1,093	1,059	1,023	1,024	998	1,013	1,029	999	1,096	2,326	3,512	4,545	5,526	5,179	5,061	4,978	4,969	0	0	0	7,018	7,263	7,786	8,317	8,609	8,802	8,810	8,677	8,224	7,683	7,243	6,663	0	0	0
Stock-based compensation expense
118	141	149	157	183	160	141	-81	-91	-34	25	290	346	423	382	496	664	884	1,289	0	0	0	2,053	2,091	2,217	2,020	1,999	1,977	2,301	2,616	2,511	2,861	2,329	1,785	0	0	0
Bad debt expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	355	315	416	1,071	0	0	0	-	-	-	-	-	-	-	-
Provisions for inventory write-downs
751	690	743	768	594	661	695	874	1,389	1,516	1,506	1,455	1,507	1,286	1,542	1,445	1,579	1,624	1,400	0	0	0	2,581	2,755	2,701	3,226	3,078	2,751	2,866	3,148	6,607	7,024	6,647	5,793	0	0	0
Equity in loss from unconsolidated entities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-29	-56	0	0	0	-229	-281	-237	-249	-8,916	-11,015	-12,168	-13,619	-5,999	-4,931	-4,430	-3,126	0	0	0
Gain on disposals of long-lived assets, net
79	79	288	0	0	0	-	-	-	-	149	0	0	0	-	-	-	-	221	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income recognized on patents assignment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	51	51	51	51	51	51	51	51	0	0	0	-	-	-	-
Changes in :
Accounts receivable
-330	530	427	293	465	-1,086	-801	-916	-748	-245	202	209	-76	-357	-1,042	-858	-1,513	149	165	0	0	0	570	-555	-1,103	-1,650	-545	1,600	689	773	-1,590	-5,803	-4,596	-1,992	0	0	0
Inventories
1,108	697	987	532	269	295	-393	-234	-26	169	205	139	-300	-180	-380	-438	-439	-1,770	-1,430	0	0	0	2,778	3,550	2,451	579	-2,281	-4,834	-2,864	445	2,475	8,350	8,998	8,132	0	0	0
Prepaid expenses and other
50	61	145	111	-42	107	-129	-329	-297	-610	-351	-339	-544	-354	-281	-185	-92	-145	-531	0	0	0	-71	423	21	-43	-246	18	-634	-369	319	367	-180	854	0	0	0
Accounts payable
-655	-67	-185	2	498	45	-84	38	-133	-450	-191	-807	-585	-535	-85	489	-79	391	-624	0	0	0	-657	1,613	-662	292	-62	-1,158	-412	421	607	-1,250	61	-595	0	0	0
Accrued expenses and other current liabilities
315	-133	66	-121	-177	286	114	209	214	-292	-641	-456	-1,430	-1,311	-671	-709	422	327	54	0	0	0	-16	357	-346	-363	-2,738	-1,292	-2,293	-2,190	2,638	1,115	3,060	3,131	0	0	0
Net cash used in operating activities
-1,762	-2,604	-3,546	-3,778	-3,317	-2,383	-1,177	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-3,622	-3,997	-3,439	-3,506	-2,069	-2,415	-4,525	0	0	0	-18,427	-16,606	-16,639	-14,461	-15,035	-15,254	-15,565	-15,771	-12,562	-13,332	-7,075	-2,050	0	0	0
Purchases of property, plant and equipment
222	153	127	167	274	271	341	248	193	176	150	303	426	548	821	942	1,033	1,314	1,574	0	0	0	1,994	2,084	1,530	2,716	3,851	4,513	7,430	11,569	15,323	18,937	19,030	21,462	0	0	0
Proceeds from sales of property, plant and equipment
69	70	502	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment
-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of investment
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,831	0	0	0	-	-	-	-	-	-	-	-
Proceeds from return of investment in unconsolidated entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250	0	0	0	-	-	-	-	-	-	-	-
Placement of refundable deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,873	0	0	0	-	-	-	-	-	-	-	-
Payments related to acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments for development of intangible assets
9	9	3	0	0	0	-	-	-	-	25	18	33	35	54	59	52	54	49	0	0	0	377	289	390	429	432	445	384	368	358	377	340	270	0	0	0
Other investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-26	0	0	0	0	0	0	-	-	-	-	-17	10	51	142	125	0	0	0
Net cash used in investing activities
-162	-3,092	-2,628	-2,021	-1,537	1,791	1,213	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Net cash provided by (used in) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-60	-202	-535	-558	-957	-889	-1,140	0	0	0	-5,628	-5,586	3,740	2,180	-6,854	-7,339	-18,544	-20,533	-16,850	-20,817	-21,295	-23,640	0	0	0
Repayments of long-term debt
2,370	2,350	2,330	324	325	330	331	338	338	328	323	360	532	707	1,065	1,300	1,581	1,776	1,808	0	0	0	2,214	2,078	1,771	1,453	1,189	967	958	948	951	977	935	883	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	73	88	86	61	82	0	0	0
Proceeds from line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	3,752	0	0	0
Payments on line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170	170	170	1,623	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
3,415	4,034	4,054	2,875	2,874	-330	-331	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash balances included in current assets held for sale
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
177	-81	79	243	-244	94	132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	2,853	5,678	5,320	1,700	1,419	-1,776	-1,808	0	0	0	-1,281	100	2,331	1,024	171	-253	-1,839	-181	-2,224	-2,495	91,977	94,621	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-409	-121	-124	-122	179	-174	-368	0	0	0	53	-283	-630	301	140	356	1,314	94	189	383	476	1,168	0	0	0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	602	-211	-1,427	-2,448	-393	-1,238	1,358	1,222	-2,486	-1,428	-5,254	-7,841	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET DECREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25,283	-22,375	-11,198	-10,956	-21,578	-22,490	-34,634	-36,391	-31,447	-36,261	64,083	70,099	0	0	0
NONCASH INVESTING AND FINANCING ACTIVITIES:
Accrual related to property, plant and equipment
90	135	56	-39	-34	-45	67	132	103	148	217	131	309	196	257	31	-90	375	522	0	0	0	-959	-626	-1,062	511	2,767	4,246	4,153	3,142	3,732	1,465	628	2,168	0	0	0
Issuance of common shares in a subsidiary to noncontrolling interests
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment included in other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	884	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrual related to acquisition of business
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-