LUNA INNOVATIONS INC LUNA Cash Flow

Luna innovations inc (LUNA)

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
Cash flows (used in)/provided by operating activities
Net Income (Loss) Attributable to Parent
3,100	5,342	4,136	11,754	11,981	11,004	10,499	17,408	16,119	14,614	14,485	-1,716	-2,265	-2,369	5,238	4,882	3,484	2,317	-6,482	-6,425	-5,172	5,994	4,857	4,987	4,951	-803	632	1,026	1,735	-1,384	-1,150	-688	-702	-1,392	0	0	0
Adjustments to reconcile net (loss)/income to net cash (used in)/provided by operating activities
Depreciation and amortization
2,565	2,503	2,154	1,761	1,527	1,218	1,182	1,395	1,877	2,526	3,195	3,606	3,730	3,713	3,668	3,494	3,231	2,457	1,665	1,095	570	607	715	782	909	935	988	1,053	1,036	1,092	1,234	1,280	1,419	1,462	0	0	0
Share-based compensation
1,427	1,544	1,422	1,136	876	627	584	605	639	715	671	716	771	860	943	1,017	1,112	1,124	1,127	1,102	1,059	1,019	1,023	1,051	1,098	1,181	1,367	1,572	1,741	1,882	1,935	1,914	1,898	2,261	0	0	0
Bad debt expense
552	538	0	0	0	-	-	-	-	99	90	295	335	305	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Loss from discontinued operations, net of tax
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,381	9,036	9,080	9,046	3,391	0	0	0	-	-	-	-	-	-	-	-
Deferred taxes
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from release of valuation allowance
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tax benefit from utilization of loss from current year operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,148	1,497	1,463	1,451	1,507	0	0	0	-	-	-	-	-	-	-	-
Change in assets and liabilities
Accounts receivable
2,564	2,248	4,421	4,004	4,957	6,240	5,032	1,803	901	-1,152	243	1,967	1,445	3,568	2,910	1,872	3,210	2,040	749	543	305	281	206	-625	-390	-1,533	-2,550	-945	-1,804	1,101	-179	495	-361	-1,711	0	0	0
Contract assets
-91	448	910	837	1,412	761	957	319	-33	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventory
1,091	722	48	646	1,385	967	643	1,213	1,659	1,902	2,722	1,151	-120	-492	-2,138	-1,566	-210	252	1,391	1,395	512	56	-337	-293	-189	9	205	250	252	10	4	-372	-259	224	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-50	129	114	114	79	-513	-513	-513	-478	321	321	321	321	0	0	0
Other current assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Accounts payable and accrued expenses
-1,364	591	-819	-2,522	2,190	-461	929	-255	-887	-896	38	747	-178	564	-141	211	-2,046	16	-486	-198	2,474	311	898	-539	-193	396	-1,288	298	-894	-724	-101	-1,248	35	-288	0	0	0
Contract liabilities
778	1,245	1,666	832	812	-986	-1,906	-1,838	-1,664	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-178	-545	-522	-638	-629	0	0	0	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred credits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net cash (used in)/provided by operating activities
2,899	4,798	1,220	545	828	-3,308	-3,110	-1,507	-1,689	915	967	297	1,208	-399	438	755	-6,231	-5,087	-6,137	-6,454	-1,680	-2,714	-3,417	-3,589	-2,950	-1,787	-891	-331	-122	-396	1,759	408	1,932	3,088	0	0	0
Cash flows provided by/(used in) investing activities
Acquisition of property and equipment
399	540	615	594	472	386	730	754	1,324	1,352	970	1,011	1,529	1,509	1,756	1,954	830	710	443	170	205	255	224	252	204	186	290	316	316	371	280	277	330	327	0	0	0
Intangible property costs
300	270	289	325	322	374	380	362	475	495	565	564	521	490	447	487	457	367	291	237	137	252	263	245	367	253	280	314	188	224	206	203	351	347	0	0	0
Proceeds from sale of discontinued operations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,927	11,515	11,515	5,547	5,110	0	0	0	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Gross
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by/(used in) investing activities
-99	-19,814	-23,887	-9,126	-9,000	10,037	13,665	26,910	26,228	26,181	26,493	-1,573	-2,050	-2,000	6,794	6,554	8,084	8,294	-360	-33	5,625	10,419	11,027	11,016	4,974	4,670	3,951	3,891	4,017	-595	-487	-481	-682	-675	0	0	0
Cash flows provided by/(used in) financing activities
Payments on finance lease obligations
46	40	40	35	40	46	46	51	53	52	51	50	49	56	64	72	80	77	73	70	67	66	65	63	60	57	54	52	51	50	50	49	49	42	0	0	0
Payments of debt obligations
250	625	1,083	1,541	1,750	1,833	1,833	1,833	1,833	1,833	1,871	1,871	1,871	1,871	1,750	1,666	6,795	6,712	6,712	6,712	1,500	1,500	1,500	1,625	1,625	1,500	1,625	1,500	1,500	1,625	1,375	1,374	6,953	6,867	0	0	0
Purchase of treasury stock
-	-	-	-	-	466	1,370	1,455	1,437	1,131	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of options and warrants
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of options and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	81	96	44	69	0	0	0	-	-	-	-
Proceeds from the exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of options and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by/(used in) financing activities
-1,055	-2,437	-3,063	-1,173	-690	-1,249	-1,924	-2,401	-3,202	-2,917	-2,129	-2,241	-2,253	-2,261	-1,140	-1,015	51	140	-842	-674	-1,534	-1,366	-1,364	-1,495	-1,405	-1,445	-1,597	-1,455	-1,507	-1,605	-1,383	-1,353	-889	-690	0	0	0
Net increase/(decrease) in cash and cash equivalents
1,743	-17,454	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-	-	-	-	-	-	-	-	21,336	24,179	25,331	-3,516	-3,095	-4,661	6,093	6,295	1,905	3,347	-7,340	-7,162	2,410	6,338	6,245	5,932	619	1,438	1,462	2,103	2,387	-2,598	-111	-1,426	361	1,722	0	0	0
Supplemental disclosure of cash flow information
Cash paid for interest
7	18	36	58	90	117	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	270	290	308	319	312	258	187	139	64	64	87	91	148	173	178	222	232	255	297	273	294	195	239	0	0	0
Cash paid for income taxes
1,160	1,160	2,555	2,507	1,826	1,828	344	345	379	377	71	76	36	233	224	235	234	40	169	152	152	150	0	0	0	14	0	0	0	-	-	-	6	10	0	0	0
Non-cash investing and financing activity:
Non-cash investing and financing activities
Contingent liability for business combination
0	900	940	915	900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock Dividends, Income Statement Impact
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend on preferred stock, 19,823 shares of common stock issuable for the three months ended March 31, 2019
202	285	0	0	0	-	-	-	-	146	127	123	118	105	95	85	80	85	120	101	109	112	83	109	108	102	0	0	0	-	-	-	-	-	-	-	-
Dividend on preferred stock, 79,292 shares of common stock issuable at each of December 31, 2011, 2012 and 2013
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	127	114	119	127	0	0	0
Capital expenditures funded by capital lease borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	274	0	0	0