Genasys inc. (LRAD)
CashFlow / Quarterly
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'11Dec'10
Operating Activities:
Net income

301

620

-77

638

1,178

1,045

-2,442

-80

460

-1,683

165

-528

298

-812

-513

276

-664

-380

8,955

-63

290

505

726

1,942

525

131

2,930

-1,108

-459

-100

1,239

200

-291

313

357

-683

5,704

-355

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

206

208

201

205

216

201

145

143

133

60

59

31

30

32

33

36

40

56

55

62

57

62

62

60

52

35

39

38

36

30

-

-

-

-

-

-

-

-

Less: Net income from discontinued operations (Note 16)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

1

0

81

Net income from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

371

-685

5,704

-436

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

22

22

31

35

48

Provision for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

-2

11

-3

-0

0

-0

-0

-

-

-

-

-

0

-80

56

Warranty provision

8

-19

22

18

23

20

-6

0

0

12

-70

-111

101

9

-

-

48

-22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

-20

21

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory obsolescence

-

-

-

-

-

-

-

-

-

-

-

-5

-181

0

158

-9

4

6

23

19

26

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-14

-20

7

-15

9

-

-

-

-

-

-

-

-

Warranty provision

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

-35

3

121

-14

Inventory obsolescence

33

94

21

-12

78

54

79

6

45

40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

75

-5

-183

-29

41

210

-261

162

-35

0

57

-38

Share-based compensation

295

158

171

257

171

133

151

148

145

138

172

301

177

464

149

148

160

147

157

152

177

131

96

147

191

149

154

191

184

205

207

199

138

139

115

96

97

113

Deferred income taxes

96

172

-105

118

274

283

-419

-73

158

2,708

950

-437

169

-486

676

-6

-546

-311

-8,339

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of operating lease right of use asset

147

145

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on impairment of patents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

81

0

0

5

23

7

0

10

1

0

18

1

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2,425

0

3,031

Accounts receivable, net

-81

2,286

-3,174

47

-1,934

5,916

-3,646

886

-385

-3

3,297

-856

1,761

-1,929

850

81

535

-174

-618

387

-140

-1,796

526

985

870

-3,061

3,791

-1,186

84

-3,249

3,418

-29

-606

-2,358

2,904

-197

407

-2,204

Inventories, net

893

320

-556

-1,905

-324

2,029

1,409

-32

228

43

-240

585

-152

327

-259

-29

-7

294

-127

534

195

493

-818

-710

121

752

-581

373

489

1,050

37

135

-14

366

-982

404

-2,454

2,968

Prepaid expenses and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

-107

-

-

-

-

Prepaid expenses and other

-26

-760

972

187

-381

-2,136

2,228

21

219

-393

124

-78

181

-80

14

-67

200

-118

-34

-93

223

-54

-25

-76

113

-491

537

67

42

-84

-294

95

-7

-15

-

-

-

-

Other assets

-

-

-

-

-

-

0

0

107

-46

-46

-46

-86

-46

-46

-46

-46

-46

-46

-46

-46

-46

-7

-46

-46

-46

-46

-46

-46

-46

-

-

-

-

-72

-62

582

10

Accounts payable

468

604

55

-419

-1,780

-66

-184

-126

-287

790

-685

515

207

500

-879

12

964

-226

-696

363

100

105

178

-465

548

-1,027

687

-329

447

-204

402

155

-158

-443

573

-391

-1,375

1,268

Accrued and other liabilities

-1,117

-1,918

515

-1,032

1,406

-957

209

574

366

-1,023

-

-

-

-

-

-

-

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty settlements

-

-

-

-

-

-

-31

20

19

3

-

-

-

-

-

-

23

0

8

5

19

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warranty settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-47

11

-0

5

10

-4

-

-

-

-

-

-

-

-

Warranty settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

-14

-11

-5

-15

Accrued and other liabilities

-

-

-

-

-

-

1,363

-443

311

311

-747

-229

530

-8

-482

-134

883

289

36

2,055

200

-2,817

1,082

1,294

383

182

235

-326

182

113

125

14

122

-2,392

-

-

-

-

Accrued liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,501

272

-1,262

822

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

394

184

-394

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

781

1,641

3,463

-2,001

Net cash (used in) provided by operating activities of discontinued operations (Note 17)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

35

-21

100

Net cash used in operating activities

-345

-1,780

7,441

3,297

4,209

-5,093

-902

-745

1,145

1,753

-1,657

-66

-370

1,428

-

-

-

-

-

-

-

-601

-

2,936

677

2,312

525

-760

-347

2,337

-452

609

58

-21

799

1,677

3,442

-1,900

Sales (purchases) of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-11

623

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investing Activities:
Purchases of marketable securities

1,373

639

1,204

972

1,444

874

1,712

805

729

1,673

603

530

302

1,470

-

-

-

-

-441

196

1,421

3,123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of marketable securities

1,382

588

603

1,307

1,333

982

1,855

933

273

2,128

558

528

319

1,555

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

15

86

39

3

261

38

459

76

35

54

10

114

43

13

-1

36

55

71

70

102

91

79

84

38

79

124

13

51

6

76

-

-

18

3

16

19

14

6

Patent costs paid

-

-

-

-

-

-

-

-

-

-

-

3

2

1

5

0

4

1

7

2

0

0

8

2

3

0

0

0

1

0

1

1

0

0

1

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

493

-48

-695

363

-300

-1,514

-3,203

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-7

-137

-640

331

-371

69

-501

51

-2,737

400

-48

-120

-29

69

-

-

-

-

-

-

-

-

-

-41

-82

-124

-13

-51

-8

-77

-48

-133

-19

-3

-17

-19

-15

-7

Financing Activities:
Proceeds from exercise of stock options

113

144

648

9

42

2

1,407

842

26

159

133

0

0

0

-

-

-

-

-

-

-

-

351

0

0

193

235

86

0

19

-

-

-

-

27

8

15

94

Repurchase of common stock

-

-

0

0

550

1,621

-

-

-

-

-

-

-

-

0

0

105

1,643

599

806

158

0

39

227

149

99

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-317

-741

-1,643

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-342

144

648

9

-524

-1,618

792

-30

-325

159

133

0

0

0

-

-

-

-

-

-

-

0

-

-227

-149

93

235

86

0

19

-

-

-

-

27

8

4,361

94

Effect of foreign exchange rate on cash

-3

14

-27

2

-14

-9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents, and restricted cash

-698

-1,759

7,422

3,641

3,299

-6,652

-668

-726

-1,916

2,313

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

1,497

-2,080

570

-606

-2,733

532

-1,364

-942

-3,804

2,694

2,668

445

2,281

747

-726

-355

2,279

-501

475

39

-25

808

1,665

7,788

-1,812

Change in unrealized loss on marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Noncash investing and financing activities:
Change in unrealized gain (loss) on marketable securities

-7

-3

1

9

10

-0

3

5

-8

-8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Initial measurement of operating lease right of use assets and liabilities

-

7,814

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

0

0

0

0

0

1

-40

-212

0

10

50

0

12

101

108