Luna innovations inc (LUNA)
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'11
Cash flows (used in)/provided by operating activities
Net Income (Loss) Attributable to Parent

-1,116

2,146

1,230

840

1,126

939

8,848

1,067

148

435

15,757

-221

-1,355

306

-445

-770

-1,459

7,914

-801

-2,168

-2,627

-885

-744

-915

8,540

-2,022

-613

-952

2,785

-586

-220

-242

-334

-353

242

-256

-1,024

Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities
Depreciation and amortization

679

668

668

548

617

320

275

314

307

284

488

797

956

954

898

921

939

908

724

659

165

116

154

134

202

224

222

260

228

277

286

244

284

419

332

382

327

Share-based compensation

226

403

419

377

343

282

133

117

94

238

154

151

170

194

200

206

258

277

275

300

271

280

250

257

230

284

278

304

313

470

483

473

454

523

462

457

817

Bad debt expense

14

538

0

0

0

-

-

-

-

59

0

11

29

50

205

50

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

0

11

-

2

14

24

Loss from discontinued operations, net of tax

-1,436

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

288

-277

-330

9,701

-56

-233

-364

4,046

-

-

-

-

-

-

-

-

Deferred taxes

-127

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from release of valuation allowance

0

-

-

-

1,889

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax benefit from utilization of loss from current year operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-289

274

375

787

59

240

363

843

-

-

-

-

-

-

-

-

Change in assets and liabilities
Accounts receivable

-737

10

2,951

340

-1,053

2,183

2,534

1,293

229

975

-694

391

-1,824

2,370

1,030

-130

298

1,712

-7

1,207

-871

421

-213

970

-896

346

-1,046

1,205

-2,039

-669

558

346

866

-1,950

1,233

-510

-483

Contract assets

-111

-657

384

292

429

-195

311

867

-221

0

-326

513

-187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

897

649

-88

-366

528

-24

509

372

110

-348

1,080

818

352

471

-490

-453

-20

-1,174

81

902

443

-35

85

20

-13

-429

129

124

185

-233

174

126

-57

-239

-202

239

426

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9

-3

-18

-18

170

-18

-18

-53

-422

-18

-18

-18

377

-18

-18

-18

Other current assets

287

-

56

-23

41

-

-317

-31

-133

-

-55

-269

-55

-

75

-70

376

-

37

427

-68

-

242

40

-112

-

-67

-86

127

-

42

-10

-139

-

151

111

-89

Accounts payable and accrued expenses

-760

704

2,200

-3,509

1,196

-705

497

1,202

-1,456

685

-687

570

-1,464

1,619

21

-355

-721

913

374

-2,613

1,341

410

662

60

-821

997

-775

406

-231

-687

811

-786

-60

-65

-335

496

-384

Contract liabilities

-318

498

981

-383

149

919

147

-403

-1,650

0

215

-229

13

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

96

-53

37

-259

-270

-30

-77

-250

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-39

-174

92

-

82

-105

-49

-

12

-161

-138

-

-

-

-

-

-

-

-

-

-

-

-

Deferred credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-277

-581

684

Net cash (used in)/provided by operating activities

-302

3,713

-31

-480

1,597

135

-707

-196

-2,540

333

895

-378

64

386

226

532

-1,544

1,224

543

-6,454

-401

174

226

-1,681

-1,435

-528

54

-1,041

-272

367

614

-832

-546

2,524

-736

691

609

Cash flows provided by/(used in) investing activities
Acquisition of property and equipment

74

40

94

190

215

114

74

68

129

458

97

638

157

76

138

1,156

138

322

337

31

18

55

64

67

67

25

92

18

50

128

118

19

104

37

115

71

102

Intangible property costs

91

77

55

75

61

97

91

72

113

103

73

185

133

172

73

142

101

129

113

112

11

54

59

12

126

65

42

134

11

92

75

7

48

75

73

155

44

Proceeds from sale of discontinued operations

600

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,968

4,958

588

0

0

4,522

-

-

-

-

-

-

-

-

Payments to Acquire Businesses, Gross

0

-

0

0

19,004

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by/(used in) investing activities

435

-117

-150

-266

-19,280

-4,190

14,610

-140

-242

-561

27,855

-821

-290

-249

-211

-1,299

-239

8,544

-451

230

-29

-110

-123

5,889

4,764

497

-134

-152

4,460

-221

-194

-26

-152

-112

-188

-227

-146

Cash flows provided by/(used in) financing activities
Payments on finance lease obligations

13

13

12

7

7

13

7

11

13

13

13

12

12

12

12

12

20

20

20

19

17

17

16

16

16

16

14

13

13

13

12

12

12

12

12

12

5

Payments of debt obligations

0

0

0

250

375

458

458

458

458

458

458

458

458

496

458

458

458

375

375

5,587

375

375

375

375

375

375

500

375

250

500

375

375

375

250

374

5,953

288

Purchase of treasury stock

-

-

-

-

-

0

0

160

306

903

84

143

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of options and warrants

1,198

-

70

182

185

-

415

817

22

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

35

58

1

-14

50

6

26

-

-

-

-

Proceeds from the exercise of options

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

80

2

-

44

4

169

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132

Net cash provided by/(used in) financing activities

1,185

-3

-1,941

-295

-197

-629

-51

186

-755

-1,304

-528

-614

-470

-517

-639

-626

-478

604

-514

440

-389

-377

-347

-418

-222

-375

-478

-329

-261

-527

-337

-380

-360

-305

-306

83

-161

Net increase/(decrease) in cash and cash equivalents

1,318

3,591

-2,123

-1,042

-17,880

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-3,538

-1,532

28,223

-1,814

-696

-380

-624

-1,393

-2,262

10,374

-422

-5,783

-820

-313

-244

3,788

3,107

-406

-558

-1,524

3,926

-381

82

-1,239

-1,059

2,105

-1,232

547

301

Supplemental disclosure of cash flow information
Cash paid for interest

1

1

3

1

12

19

25

33

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

58

61

68

81

78

79

80

75

23

7

32

0

24

30

36

57

49

35

80

67

72

77

55

88

-26

122

Cash paid for income taxes

0

425

47

687

0

1,820

-0

6

1

336

0

40

0

30

4

1

197

21

16

0

2

150

0

0

0

0

0

0

14

-

-

-

5

0

0

0

10

Non-cash investing and financing activity:
Non-cash investing and financing activities
Contingent liability for business combination

0

-40

25

15

900

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Preferred Stock Dividends, Income Statement Impact

-

-

-

-

-

-

-

-

64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividend on preferred stock, 19,823 shares of common stock issuable for the three months ended March 31, 2019

0

0

112

89

83

-

-

-

-

49

33

29

34

30

28

24

21

21

18

20

26

55

0

27

29

26

26

26

23

-

-

-

-

-

-

-

-

Dividend on preferred stock, 79,292 shares of common stock issuable at each of December 31, 2011, 2012 and 2013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

34

26

34

32

20

32

41

Capital expenditures funded by capital lease borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

274