LIGHTPATH TECHNOLOGIES INC LPTH Cash Flow

Lightpath technologies inc (LPTH)

CashFlow / TTM

Mar'20	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
Cash flows from operating activities
Net income (loss)
-1,551	-2,719	-3,472	-2,680	-1,725	-147	259	1,060	8,231	7,105	7,780	7,703	1,670	2,345	712	1,414	715	29	706	-715	-245	-468	-811	-313	-659	-309	33	215	0	0	0	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to cash provided by operating activities
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,060	-917	-947	-1,601	0	0	0
Depreciation and amortization
3,510	3,540	3,494	3,464	3,452	3,461	3,461	3,403	3,332	3,187	2,635	2,080	1,479	976	916	847	754	651	589	537	514	517	571	666	755	829	828	813	867	960	1,087	1,124	1,115	1,057	946	912	0	0	0
Interest from amortization of debt costs
18	114	115	117	118	23	21	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	316	0	0	0
Loss (gain) on disposal of property and equipment
113	249	185	77	96	-39	-58	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	19	19	20	0	0	0
Interest from amortization of debt costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	0	0	0	-	-	-	-	3	4	3	3	3	3	13	36	118	0	0	0
Warrants issued to consultant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	0	-	-	-	-
Loss on disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-0	0	0	-0	-0	-2	-2	-2	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation on stock options & RSU, net
350	375	399	394	390	385	375	373	355	370	367	394	406	385	395	348	335	321	295	284	274	267	350	356	364	367	277	268	266	262	268	272	287	280	260	246	0	0	0
Provision for doubtful accounts receivable
7	1	-5	-6	-8	9	-11	-16	0	0	0	-	-	-	-	-0	-2	-2	-15	-15	-16	-28	-14	-8	-12	12	8	2	12	-1	10	10	6	-4	-18	-15	0	0	0
Change in operating lease liabilities
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
-	-	-	-	-	-	-	194	204	952	462	467	485	-924	377	52	864	1,631	41	464	-653	-628	-58	-93	687	334	129	14	0	0	0	-	-	-	-	-	-	-	-
Change in fair value of Sellers Note
-	-	-	-	-	-	-	-396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent amortization
-	-	-	-	-	-	-	81	80	72	77	89	74	91	31	-35	-78	-130	-107	-16	40	106	160	143	160	156	152	125	113	107	102	118	274	213	157	105	0	0	0
Inventory write-offs to reserves
-	-	-	-	-	-	-	-	-	-	-	90	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax benefit
378	378	270	-28	-733	-939	-831	-533	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Trade accounts receivables
418	1,184	281	833	217	478	-12	-618	-301	-155	537	1,042	1,549	1,641	572	650	749	595	836	560	-37	50	31	337	205	-64	-76	-3	-149	574	22	311	371	-125	213	13	0	0	0
Other receivables
-4	-70	-31	306	-55	10	-22	15	11	-37	-49	-160	-140	-70	-35	-40	-23	-8	-34	53	100	-55	-58	-153	-189	-33	7	312	302	287	246	10	20	0	0	30	0	0	0
Inventories
380	668	1,620	1,405	1,932	1,103	1,015	1,330	1,078	983	481	318	512	742	1,021	916	422	224	-49	-22	588	601	977	1,106	673	631	490	257	146	276	173	-109	115	-331	-597	-484	0	0	0
Prepaid expenses and other assets
-409	-515	-694	-392	94	467	776	685	429	255	-102	-151	2	-125	414	415	159	96	-129	-1	8	-27	95	91	83	140	-26	-46	-94	-80	-11	-82	96	-46	89	194	0	0	0
Accounts payable and accrued liabilities
-436	1,117	1,226	883	784	178	-831	-178	-249	-182	800	846	1,161	1,541	1,068	724	500	-342	-19	90	161	712	684	794	283	11	89	-83	-174	36	-197	166	363	372	663	446	0	0	0
Deferred rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-35	-280	1	0	37	0	0	0	-	-	-	-
Net cash provided by operating activities
2,255	1,747	1,160	411	-27	602	664	2,618	4,740	5,075	5,732	4,999	3,220	2,021	1,550	1,525	1,983	1,520	1,079	82	-626	-262	-440	-88	494	428	828	556	243	58	267	405	258	296	254	94	0	0	0
Cash flows from investing activities
Purchase of property and equipment
1,763	1,904	1,518	1,931	1,709	1,797	1,776	2,517	3,292	3,250	3,247	2,223	1,788	1,408	1,233	1,131	928	889	670	688	1,135	1,435	2,060	1,982	1,788	1,551	1,151	1,097	719	574	452	628	794	819	967	908	0	0	0
Proceeds from sale of equipment
553	752	638	683	316	110	95	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0	0
Net cash used in investing activities
-1,209	-1,152	-880	-1,248	-1,392	-1,686	-1,681	-2,517	-3,292	-3,250	-15,024	-14,000	-13,565	-13,185	-1,227	-1,125	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-781	-799	-947	-887	0	0	0
Cash flows from financing activities
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	0	0
Proceeds from sale of common stock from employee stock purchase plan
21	29	29	38	41	50	50	48	48	29	29	19	19	24	24	22	0	0	0	-	-	18	9	7	7	7	7	8	8	9	9	13	14	15	15	12	0	0	0
Deferred costs associated with equity financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Costs associated with conversion of debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	0
Proceeds from exercise of warrants, net of costs
-	-	-	-	-	-	-	534	655	1,082	664	705	0	0	0	-	-	-	-	-	-	-	-	1,539	0	0	0	-	-	-	0	-	-	-	-	231	0	0	0
Payments on loan payable
-581	-6,392	-6,612	-6,831	-7,050	-4,889	-4,802	-4,716	0	0	0	-	-	-	-	-51	0	-145	-152	-113	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of finance lease obligations
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on capital lease obligations
98	175	242	342	334	335	334	287	248	223	211	193	176	158	137	131	139	118	87	59	17	6	6	7	7	6	5	3	0	0	0	-	-	-	-	-	-	-	-
Deferred costs associated with equity financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Payments on capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Net cash used in financing activities
-974	-1,018	-1,194	-1,401	-1,578	-2,171	-1,475	-1,313	-801	452	13,881	14,208	14,085	14,035	351	236	280	588	898	962	1,117	484	419	1,704	1,541	1,322	1,063	-212	1,382	1,681	1,630	1,610	1	-73	-22	230	0	0	0
Effect of exchange rate on cash and cash equivalents
-330	59	47	335	1,252	162	-34	-364	-1,090	-224	-114	-30	228	306	559	626	461	482	255	91	80	53	-11	-1	-26	-22	-22	-35	6	17	22	37	57	76	61	27	0	0	0
Change in cash and cash equivalents and restricted cash
-259	-363	-866	-1,903	-1,746	-3,093	-2,526	-1,576	-443	2,053	4,474	5,176	3,968	3,178	1,233	1,264	1,802	1,707	1,563	446	-564	-1,160	-2,092	-368	221	177	717	-788	913	1,182	1,467	1,425	-464	-499	-653	-535	0	0	0
Supplemental disclosure of cash flow information:
Interest paid in cash
384	416	457	500	508	497	599	546	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes paid
550	408	336	406	121	187	178	386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	37	35	29	27	18	13	10	3	0	0	0	0	1	1	3	3	1	3	2	2	2	0	0	0
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	118	4	2	5	3	2	1	1	1	2	2	2	2	2	2	2	4	4	4	7	6	4	0	0	0
Convertible debentures converted into common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	832	0	0	0
Accrued deferred costs associated with equity financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0
Prepaid interest on convertible debentures through the issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87	87	87	87	87	87	87	87	0	0	0	0
Purchase of equipment through capital lease arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-
Reclassification of warrant liability upon exercise
-	-	-	-	-	-	-	685	869	1,294	676	694	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-