Lianluo smart ltd (LLIT)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Cash flows from operating activities
Net loss

-5,136

-9,860

-10,362

-25,033

2,003

3,216

3,125

4,561

Net loss from discontinued operations

0

-251

-3,663

-26,003

2,900

-

-

-

Net loss from continuing operations

-5,136

-9,609

-6,698

969

-897

-

-

-

Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation

479

947

1,055

1,408

239

314

144

0

Depreciation and amortization

1,328

1,232

525

174

216

552

450

365

Loss from disposal of inventories

0

-202

0

-

-

-

-

-

Loss from warrant redemption

0

1,091

0

-

-

-

-

-

Change in fair value of warrants liability

229

-527

-390

-

-

-

-

-

Loss on disposal of equipment and intangible assets

0

-18

0

-

-

-

-

-

Depreciation from prepaid expenses

-

-

-

0

-

-

-

-

Loss from disposal of inventories

-

-

-

0

-

-

-

-

Loss from warrant redemption

-

-

-

0

-

-

-

-

Loss on disposal of equipment and intangible assets

-

-

-

0

-

-

-

-

Loss on disposal of equipment

-

-

-

-

-

0

-

3

Change in fair value of warrants liability

-

-

-

2,866

-346

-180

-

-

Loss on disposal of equipment

-

-

-

-

-

-

0

-

Change in fair value of warrants liability

-

-

-

-

-

-

221

-318

Change in deferred tax assets

-

-

-

-125

2

0

0

-

(Recovery from) provision for doubtful accounts: accounts receivable

-46

-139

10

35

0

-

-

-

(Recovery from) provision for doubtful accounts: other receivables and prepayments

32

-41

-1

-

-

-

-

-

Provision for doubtful accounts (recovery gain from doubtful accounts) - other receivables

32

-41

-1

27

0

-

-

-

(Recovery from) provision for doubtful accounts: advances to suppliers - third parties

0

-1

0

326

0

-

-

-

Provision (Recovery of) for doubtful accounts

-

-

-

-

-

-

749

-

Provision for doubtful accounts

-

-

-

-

-

594

0

-18

Change in warranty obligation

-130

141

-120

-209

0

0

-

-

(Recovery from) provision for inventory obsolescence

-73

2,450

16

106

0

0

-

-5

Impairment loss for intangible assets

-

-

-

-

-

0

-

-

Provision for warranty reserve

-

-

-

-

-

-

37

122

Deferred tax benefit

-

-

-

-

-

-

-118

0

Changes in assets and liabilities:
Decrease in accounts receivable

-115

-115

-32

-1,695

-2,366

-344

3,797

2,202

(Increase) decrease in advances to suppliers - third parties

341

-547

-1,011

-3,752

0

1,730

1,413

3,609

(Increase) decrease in advances to suppliers - related party

-194

-680

-623

1,498

4,004

-

-

-

(Increase) decrease in other receivables and prepayments

71

-13

-1,588

437

-2,265

1,617

-642

1,665

(Increase) decrease in inventories

2,007

-1,185

-41

3,713

171

-931

-842

4,042

Increase in other taxes receivable

281

0

0

-95

34

-563

-2,630

2,156

Decrease (increase) in long-term prepaid expenses

0

-290

148

141

-

-

-

-

(Decrease) increase in accounts payable

-24

51

-24

-41

72

4

3

-64

(Decrease) increase in due to related parties - Trade

-0

107

-40

-0

-

-

-

-

Increase (decrease) in advances from customers

206

63

-18

-256

278

-56

33

94

Increase (decrease) in accrued expenses and other current liabilities

119

-1,315

1,336

-38

85

52

14

-5

Decrease in other taxes payable

0

-113

-12

45

-325

-1,644

-6,285

3,334

Net cash used in operating activities from continuing operations

-5,408

-2,609

-1,211

-440

434

1,704

-3,161

-

Net cash used in operating activities from discontinued operations

0

-165

-1,133

4,577

-635

-

-

-

Net cash used in operating activities

-5,408

-2,775

-2,344

4,137

-200

-

-

-4,977

Cash flows from investing activities
Proceeds from sale of equipment

-

-

-

-

-

-

-

10

Capital expenditures and other additions

40

636

27

2,053

8

11

153

887

Loan to a related party

3,000

2,000

0

0

-

-

-

-

Repayment from a related party

3,000

2,000

0

0

-

-

-

-

Considerations paid to BTL

146

0

0

-

-

-

-

-

Available-for-sale investments

1,500

0

0

-

-

-

-

-

Purchases of intangible assets

-

-

-

3,353

0

2,715

-

-

Software Copyrights

-

-

-

-

-

-

0

-

Advances to related parties

-

-

-

-

-

-

2

-

Net cash used in investing activities from continuing operations

-1,686

-636

-27

-5,406

-8

-2,726

-155

-

Net cash used in investing activities from discontinued operations

0

0

-0

-5,791

-1,122

-

-

-

Advances to related parties

-

-

-

-

-

-

-

1

Net cash used in investing activities

-1,686

-636

-27

-11,197

-1,130

-

-

-878

Cash flows from financing activities
Loans from related parties

1,480

733

3,867

0

0

-

-

-

Repayments of related party loans

0

2,858

1,603

0

0

-

-

-

Proceeds from bank loans

0

0

4,008

2,944

2,503

2,373

1,542

0

Repayments of bank loans

0

1,505

4,810

2,948

2,502

1,580

1,533

0

Capital contributed by non-controlling interest

-

-

-

-

329

0

0

-

Net proceeds from option exercises

0

10

36

194

0

0

-

-

Payment of warrant redemption

0

1,116

0

0

-

-

-

-

Net proceeds from issuance of common stock, net of issuance costs

1,492

18,412

0

6,066

0

0

-

9,944

Net cash provided by financing activities from continuing operations

2,972

13,675

1,498

6,256

-

792

9

-

Net cash provided by financing activities from discontinued operations

0

0

0

0

-

-

-

-

Net cash provided by financing activities

2,972

13,675

1,498

6,256

330

-

-

9,944

Effect of exchange rate fluctuations on cash and cash equivalents

139

-96

-229

-61

87

39

1,079

684

Net (decrease) increase in cash and cash equivalents

-3,983

10,168

-1,103

-865

-912

-189

-2,228

4,771

Supplemental cash flow information
Income tax paid

0

0

0

-

-

-

-

-

Interest paid

3

128

196

-

-

-

-

-

Income tax paid

-

-

-

188

688

1,416

1,906

24

Interest paid

-

-

-

176

159

149

82

70

Uncollected option exercise proceeds recorded as other receivable

-

-

-

-

11

0

0

-