Liqtech international inc (LIQT)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
Cash Flows from Operating Activities:
Net Income

308

39

-258

-1,836

-2,246

-3,814

-3,674

-4,231

-5,160

-4,460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,886

-3,327

-4,767

-2,188

-4,228

-4,505

-3,499

-3,082

-3,126

-4,375

-4,922

-4,846

0

0

0

-

-

-

-

-

-

-

-

Adjustments to reconcile net income to net cash provided by (used in) operations:
Net Loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-37

874

1,433

998

0

0

0

Depreciation and amortization

1,598

1,343

879

772

709

648

827

866

897

939

1,115

1,211

1,285

1,378

1,384

1,422

1,447

1,444

1,421

1,448

1,518

1,630

1,733

1,786

1,749

1,689

1,608

1,576

1,569

1,515

1,448

1,321

1,432

1,379

0

0

0

Stock-based compensation

210

197

197

180

166

116

122

140

161

178

201

289

364

435

490

484

463

369

464

338

425

573

637

934

1,505

1,316

1,074

830

119

120

201

188

156

123

0

0

0

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

1,437

69

59

77

80

0

0

0

-

-

-

-

72

888

1,015

996

1,078

0

0

0

-

-

-

0

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

72

888

1,015

996

1,078

0

0

0

-

-

-

0

Reserve for obsolete inventory

-

-

-

-

-

-

-

-

-

-206

669

705

694

802

230

217

283

174

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in deferred tax asset / liability

0

-

-

-

-

-

-

-

-

-

-

-

-

-3,856

-3,646

-3,411

-2,630

250

1,017

1,323

1,010

1,206

1,457

1,586

1,695

1,623

1,727

1,512

1,230

993

68

-18

-202

-177

0

0

0

Loss/(Gain) on sale of equipment

-

-

-

-

-

-

-

-

-

-24

28

6

6

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-292

0

-0

-193

73

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in accounts receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,490

797

1,280

1,016

-1,898

-658

-877

468

876

-985

-698

-2,392

-1,474

-2,029

-2,405

-519

-226

2,966

3,593

0

0

0

Accounts receivable

4,730

4,364

3,466

7,015

1,567

183

1,131

81

98

241

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

704

443

481

131

-596

-239

-615

-668

-435

-564

336

773

484

1,147

1,125

332

1,082

175

-654

-833

-1,359

-712

-918

302

793

434

993

1,062

879

1,161

1,620

1,349

1,823

1,094

0

0

0

Contract assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other receivables

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposits

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

0

-

-

0

0

-

-

-39

16

-41

-48

62

73

57

94

10

-28

-49

-103

-63

-84

15

90

145

158

-28

-172

-77

-185

-134

141

116

-707

293

0

0

0

Accounts payable

-2,414

2,117

2,130

3,193

3,467

347

-816

-542

-415

-487

-515

472

943

-1,192

227

27

115

1,118

-1,293

-3,372

-3,645

-2,682

-1,004

224

-651

-702

36

-8

-14

-737

-1,518

-639

1,069

1,961

0

0

0

Accrued expenses

838

1,471

1,404

2,052

932

-692

-586

-1,566

-934

80

1,408

1,598

1,293

1,018

15

-889

275

-24

-31

-71

-2,179

-2,152

-661

275

1,374

1,626

-56

-67

-1,028

-352

231

400

1,150

653

0

0

0

Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract liabilities

0

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term contracts

-

-

-

-

-

-

-

-

-

-

333

335

-134

1,807

-632

-523

309

-1,171

579

174

-149

-591

-474

-363

-341

-330

0

0

0

-

-

-

-

-

-

-

-

Total Adjustments

-5,925

-4,586

-4,336

-3,816

-792

-99

-778

-585

594

1,144

13,720

13,611

13,689

16,834

3,627

2,214

3,783

97

269

371

-2,696

-2,651

-491

402

2,382

2,705

3,531

2,562

2,032

2,295

-1,200

-157

-355

-993

0

0

0

Net Cash used in Operating Activities

-5,616

-4,546

-4,594

-5,653

-3,039

-3,914

-4,452

-4,816

-4,565

-3,315

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,077

5

0

0

0

Net Cash Used by Operating Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,113

-984

-2,090

-3,959

-4,133

-6,195

-5,733

-3,617

-3,972

-2,540

-2,141

0

0

0

-

-

-

-

-

-

-

-

Cash Flows from Investing Activities:
Purchase of property and equipment

3,438

2,542

543

423

288

178

188

149

138

137

339

374

380

373

296

503

536

576

675

415

406

456

426

548

645

628

840

1,078

979

1,491

1,669

1,504

1,840

1,572

0

0

0

Proceeds from sale/recovery of property and equipment

-

-

-

-

-

-

-

-

-

14

12

10

10

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of other intangible assets

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net Cash used in Investing Activities

-4,598

-3,700

-1,666

-415

-280

-170

-187

-146

-135

-123

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,208

-1,201

-1,743

-1,178

-1,017

-1,245

-946

0

0

0

Purchase of Long-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

23

135

133

223

254

0

0

0

-

-

-

-

Net Cash Used by Investing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-520

-552

-592

-675

-2,290

-2,281

-2,331

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities:
Payments on finance lease obligation

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net payments on financing lease obligation

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

Net proceed (payments) on lines of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,272

226

0

0

0

Net payments on capital lease obligation

-

-

-

-

-

-

-

-

-

-

-

212

176

175

159

157

131

223

255

249

286

223

182

176

149

170

194

192

272

208

250

336

301

202

0

0

0

Payments on loans payable

-

-

-

-

-

-

-

-

-

54

11

12

17

26

21

17

12

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

-

14,650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided (Used) by Financing Activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Net Cash provided by (used in) Financing Activities

14,492

14,627

14,825

14,966

6,155

6,017

8,310

8,243

4,123

4,104

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-192

-428

5,001

5,973

6,160

6,795

1,742

0

0

0

Loss on Currency Translation

0

-

-

-

0

-

-

-

-

611

160

157

-426

-1

-357

-655

-82

-1,576

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-549

-327

0

0

0

Gain (Loss) on Currency Translation

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in Cash, Cash Equivalents and Restricted Cash

3,697

6,007

7,774

8,864

1,773

1,289

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on Currency Translation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

117

125

0

0

0

-

-

-

-

-

-

-

-

Change in Cash and Cash Equivalents

-

-

-

-

-

-

-

-

-

1,277

290

643

-801

-161

-2,109

-2,464

-1,763

-4,483

-4,388

1,836

-649

969

5,173

-800

613

1,010

-2,147

-3,100

-3,436

2,840

3,312

4,900

6,078

473

0

0

0

Supplemental Disclosures of Cash Flow Information:
Interest Paid

1

8

-5

34

11

44

77

86

91

45

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

32

45

51

55

66

57

53

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Income Taxes

-

-

-

-

-

-

-

-

-

0

0

0

0

0

1

1

1

0

0

0

0

1

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

Supplemental Disclosures of Non-Cash Investing and Financing:
Non-cash compensation

210

197

197

180

166

116

122

140

161

178

201

289

364

435

490

484

463

369

464

338

425

573

637

934

1,505

1,316

1,074

830

119

120

201

188

156

123

0

0

0

Total

-

-

-

-

-

-

-

-

-

-

-

-

364

435

482

484

463

369

-5,603

338

425

573

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-