Loop industries, inc. (LOOP)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Mar'15Feb'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
Cash Flows from Operating Activities
Net loss

-3,757

-3,850

-3,342

-3,554

-7,554

-2,913

-3,538

-3,529

-3,634

-6,703

-2,175

-1,523

-1,574

-749

-825

-964

-698

-743

-1,056

-338

-9

-287

-4

20

-1

-4

-6

-5

-1

-3

-9

-8

-7

-4

-6

-1

-12

-2

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization (Notes 4 and 5)

245

219

201

164

136

155

110

101

86

98

91

90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation (Note 13)

858

876

803

930

823

970

1,005

1,185

1,223

4,403

697

222

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest (Note 10)

-

98

98

117

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

86

62

93

65

71

8

2

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

15

9

22

41

7

7

7

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of the fair value of common shares issued for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

178

178

178

-

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of shares issued for services and settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

20

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrants issued for services

-

-

-

-

-

-

-

-

-

-

-

-

-

32

32

41

404

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on revaluation of warrants (Note 10)

-16

0

0

8

-65

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt accretion (Note 10)

-

549

452

583

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred financing costs (Note 10)

-

19

19

46

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on conversion of convertible notes (Note 10)

465

0

36

-268

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cost of reverse merger

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Valued added tax and tax credits receivable

-39

85

35

-158

-301

19

-5

53

-215

-48

-37

82

-183

195

-69

-36

-60

-90

-35

-33

-

-33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-136

75

-72

49

-731

87

119

239

527

0

-15

0

-72

0

24

11

-37

4

2

1

-0

5

0

0

-0

0

0

0

0

0

0

-0

0

0

-1

0

5

0

Accounts payable and accrued liabilities

-1

331

-1,380

-5

203

133

571

-221

820

343

189

468

-4

-62

-56

-78

34

272

26

16

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from majority stockholder

-

-

-

-

-

-

-

-

-

0

-35

-324

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued officer compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

45

45

45

-7

45

97

45

-7

30

0

3

-0

-2

-

-0

-1

-5

-

-3

7

-0

3

-6

5

2

Intellectual property obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-212

-

212

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from controlling stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

-

-

-

-

-

68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-2,272

-1,584

-3,148

-2,087

-2,107

-1,546

-1,737

-2,171

-2,216

-1,905

-1,285

-983

-754

-436

-795

-846

231

-257

-762

-319

-17

192

-3

23

-2

-7

-2

-6

-2

-8

-6

-12

-0

-5

-3

-7

-2

-0

Cash Flows from Investing Activities
Investment in a joint venture (Note 8)

0

350

0

500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to property, plant and equipment (Note 4)

791

444

732

470

464

389

452

585

2,436

105

112

55

100

165

168

79

513

989

81

13

-

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to intangible assets (Note 5)

4

13

57

24

58

28

59

6

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of intellectual property

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

445

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-796

-807

-789

-995

-522

-418

-512

-592

-2,524

-105

-112

-55

-100

-165

-168

-79

-513

-989

-81

-13

-

-457

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Flows from Financing Activities
Proceeds from sales of common shares and exercise of warrants, net of share issuance costs (Note 12)

-1,057

0

35,143

5,130

-25

0

0

0

8,466

189

1,142

5,897

-

-

-

-

0

0

30

2,207

-

475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Share issuance costs (Note 11)

-

0

243

863

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

12

13

13

13

13

12

13

13

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of advances from majority stockholder

-

-

-

-

-

-

-

-

-

-44

-28

278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances from issuable common shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

10

4

-

-

-

-

Stock subscriptions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,988

1,988

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Repayment of advances from majority stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

192

427

-3

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from related party loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

-

5

4

0

9

0

0

0

0

0

0

0

0

0

0

0

0

Common stock issued for cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

1,335

-13

34,887

4,253

4,817

2,537

-13

-13

9,481

178

1,225

5,618

292

-45

1,751

1,988

-1,999

421

2,222

2,207

15

475

5

4

0

9

0

0

0

0

-0

1

10

4

13

21

0

0

Effect of exchange rate changes

-40

-34

10

-32

17

138

-174

-17

-30

-110

21

39

-119

49

-12

-63

-6

110

-10

-24

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash

-1,773

-2,439

30,959

1,138

2,205

710

-2,437

-2,794

4,709

-1,943

-151

4,618

-

-

775

997

-2,249

-715

1,328

1,849

-2

209

1

28

-2

2

-2

-6

-2

-8

-6

-11

10

-1

10

14

-2

-0

Supplemental Disclosure of Cash Flow Information:
Income tax paid

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

322

15

16

14

12

15

13

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax paid

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

Reclassification of value added tax and other receivables to advances from majority stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fair value of common stock issued for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

356

-

534

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Liabilities assumed upon reverse merger

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-