MAM SOFTWARE GROUP, INC. MAMS Cash Flow

Mam software group, inc. (MAMS)

CashFlow / Quarterly

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
908,000	890,000	704,000	1,211,000	958,000	1,217,000	-79,000	1,114,000	2,437,000	678,000	250,000	1,213,000	1,388,000	596,000	738,000	830,000	750,000	721,000	925,000	609,000	-72,000	659,000	393,000	692,000	793,000	812,000	784,000	624,000	1,802,000	484,000	1,079,000	731,000	737,000	451,000	663,000	437,000
Adjustments to reconcile net income to net cash provided by operating activities:
Bad debt expense
82,000	107,000	61,000	15,000	12,000	72,000	-7,000	12,000	-48,000	94,000	117,000	120,000	54,000	57,000	112,000	34,000	-20,000	39,000	40,000	40,000	344,000	91,000	33,000	26,000	98,000	-30,000	-15,000	20,000	-4,000	23,000	22,000	10,000	55,000	4,000	6,000	22,000
Depreciation and amortization
153,000	124,000	122,000	126,000	133,000	138,000	141,000	142,000	165,000	120,000	124,000	128,000	-	178,000	183,000	153,000	121,000	120,000	132,000	226,000	265,000	251,000	249,000	266,000	290,000	285,000	284,000	290,000	300,000	300,000	297,000	301,000	295,000	275,000	271,000	268,000
Amortization of debt issuance costs
7,000	8,000	8,000	9,000	9,000	10,000	11,000	11,000	19,000	96,000	12,000	12,000	13,000	14,000	5,000	0	-	-	-	-	0	0	0	1,000	2,000	2,000	3,000	4,000	5,000	6,000	6,000	8,000	9,000	9,000	27,000	57,000
Gain on settlement of derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	58,000	0	73,000	0	0	0	0	-	-	-	-
Change in fair value of derivative liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-23,000	-42,000	-206,000	49,000	-95,000	126,000	150,000	24,000	-175,000	-112,000	-52,000
Fair value of stock issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37,000	44,000	-	-	-	-
Gain on settlement of liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-118,000	118,000	0	13,000	119,000	96,000	0	0	-	-	-	-
Deferred income taxes
269,000	-213,000	-19,000	-46,000	-217,000	-1,000	560,000	184,000	-1,528,000	0	3,000	2,000	377,000	13,000	-30,000	-1,000	27,000	-1,000	-7,000	-13,000	21,000	-13,000	-16,000	-18,000	-4,000	-19,000	-13,000	-54,000	-22,000	-11,000	-20,000	-24,000	0	-132,000	-132,000	-132,000
Stock-based compensation expense
460,000	139,000	183,000	181,000	163,000	170,000	134,000	97,000	97,000	78,000	116,000	84,000	158,000	83,000	101,000	41,000	59,000	154,000	201,000	148,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of stock issued for services and compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	53,000	91,000	80,000
Fair value of stock issued for services and compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	179,000	93,000	136,000	73,000	112,000	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Accounts receivable
-139,000	537,000	-308,000	198,000	254,000	326,000	260,000	-652,000	-4,000	501,000	-703,000	592,000	929,000	249,000	57,000	-354,000	213,000	380,000	-833,000	955,000	-481,000	841,000	-427,000	590,000	-13,000	-262,000	370,000	52,000	223,000	-21,000	523,000	-443,000	357,000	360,000	-324,000	385,000
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	6,000	-49,000	104,000	9,000	-203,000	116,000	123,000	-45,000	-62,000	2,000	-16,000	65,000	-33,000	20,000	-58,000	-84,000	16,000	45,000	28,000	-15,000	-7,000	6,000	-10,000	-85,000
Prepaid expenses and other assets
31,000	228,000	-224,000	91,000	56,000	343,000	-147,000	7,000	147,000	163,000	-91,000	-213,000	389,000	48,000	-21,000	-458,000	-71,000	112,000	400,000	-175,000	-173,000	28,000	-282,000	-102,000	124,000	766,000	105,000	38,000	308,000	-229,000	124,000	30,000	-156,000	292,000	7,000	252,000
Income tax receivable
-	-	-	100,000	-1,000	-3,000	-1,000	-169,000	-14,000	5,000	14,000	-357,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-36,000	354,000	-284,000	152,000	-535,000	901,000	-190,000	-205,000	-143,000	-141,000	-4,000	24,000	41,000	156,000	383,000	-795,000	716,000	354,000	-492,000	21,000	114,000	43,000	-440,000	231,000	145,000	150,000	28,000	-224,000	35,000	136,000	-164,000	208,000	-21,000	185,000	192,000	-391,000
Accrued expenses and other liabilities
317,000	257,000	-527,000	-440,000	312,000	199,000	-210,000	-87,000	363,000	500,000	-2,000	-347,000	-403,000	223,000	-115,000	-693,000	387,000	214,000	43,000	-909,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales tax payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	-147,000	80,000	-	-	-	-	-	-	-	-	-	-	-216,000	274,000	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	466,000	-125,000	-172,000	-106,000	619,000	-380,000	-224,000	789,000	-465,000	-180,000	79,000	-1,408,000	901,000
Sales taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-52,000	34,000	28,000	28,000	-10,000	-33,000	-213,000	57,000	-1,000	-	-	-	-
Income tax payable
-391,000	258,000	-148,000	-55,000	226,000	-268,000	232,000	126,000	593,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150,000	72,000	16,000	6,000
Accrued payroll and related expenses
-	-	-	-	-	-	-	-	-	-	-	-	9,000	232,000	-335,000	277,000	-186,000	-300,000	-432,000	505,000	574,000	-106,000	-300,000	286,000	118,000	23,000	-188,000	191,000	-	-	-	-	-	-	-91,000	-54,000
Deferred revenue
-228,000	551,000	34,000	233,000	23,000	326,000	390,000	32,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	117,000	459,000	44,000	196,000	341,000	223,000	-50,000	-36,000	-273,000	24,000	-248,000	246,000	-105,000	204,000	56,000	-49,000	191,000	229,000	41,000	-60,000	-63,000	-99,000	58,000	-3,000	-105,000	39,000	45,000	-371,000
NET CASH PROVIDED BY OPERATING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	852,000	613,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY OPERATING ACTIVITIES
1,074,000	1,710,000	766,000	997,000	1,296,000	2,098,000	870,000	2,240,000	1,460,000	1,215,000	1,440,000	1,410,000	-	-	-	-	-	722,000	325,000	218,000	2,032,000	826,000	1,032,000	543,000	1,807,000	1,229,000	756,000	388,000	1,631,000	1,143,000	522,000	1,361,000	810,000	697,000	67,000	323,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment
40,000	16,000	20,000	30,000	31,000	19,000	18,000	42,000	8,000	41,000	23,000	24,000	136,000	20,000	37,000	14,000	62,000	20,000	10,000	262,000	82,000	-113,000	199,000	56,000	81,000	147,000	34,000	30,000	10,000	-1,000	66,000	29,000	18,000	56,000	20,000	5,000
Capitalized software development costs
-3,000	3,000	151,000	416,000	244,000	434,000	234,000	630,000	593,000	617,000	770,000	749,000	750,000	664,000	712,000	633,000	513,000	498,000	498,000	231,000	115,000	272,000	7,000	129,000	330,000	49,000	8,000	0	-	-	-	-	0	1,000	-1,000	14,000
NET CASH USED IN INVESTING ACTIVITIES
-37,000	-19,000	-171,000	-446,000	-275,000	-453,000	-252,000	-672,000	-601,000	-658,000	-793,000	-773,000	-	-	-	-	-	-518,000	-508,000	-493,000	-197,000	-159,000	-206,000	-185,000	-411,000	-196,000	-42,000	-30,000	-34,000	-9,000	-66,000	-29,000	-18,000	-57,000	-19,000	-19,000
CASH FLOWS FROM FINANCING ACTIVITIES:
Common stock surrendered to pay for tax withholding
19,000	-26,000	-18,000	-9,000	-	-	-	0	-1,000	0	0	-149,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquisition, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	453,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH USED IN INVESTING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-749,000	-1,100,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock for treasury
27,000	15,000	268,000	39,000	-	-	-	0	-	-	-	-	0	0	0	161,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of contingent consideration
0	0	0	86,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement of outstanding warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80,000	169,000	0	475,000	0	0	0	0	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-17,000	17,000	845,000	0	0	0	0	242,000	630,000	759,000	-	-	-	0	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	0	9,119,000	150,000	250,000	229,000	0	10,500,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
527,000	527,000	477,000	317,000	475,000	634,000	267,000	400,000	400,000	9,417,000	609,000	655,000	474,000	476,000	0	0	-	-	-	-	0	0	71,000	254,000	196,000	132,000	261,000	136,000	195,000	191,000	191,000	193,000	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	28,000	8,000	7,000	14,000	0	0	0	-	-	-	-	-	-	-	-
NET CASH USED IN FINANCING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,678,000	-161,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,456,000	676,000
NET CASH USED IN FINANCING ACTIVITIES
-535,000	-568,000	-763,000	-451,000	-531,000	-658,000	-267,000	-400,000	-391,000	-411,000	-484,000	-554,000	-	-	-	-	-	-45,000	-170,000	-17,000	-845,000	28,000	-63,000	-247,000	-262,000	-543,000	-891,000	-1,370,000	-1,754,000	-860,000	-390,000	-193,000	-273,000	-184,000	813,000	-676,000
Effect of exchange rate changes
-132,000	107,000	-129,000	-66,000	-111,000	-5,000	21,000	10,000	-27,000	41,000	136,000	-241,000	-163,000	-32,000	11,000	-321,000	354,000	-337,000	-286,000	-344,000	142,000	2,000	141,000	103,000	43,000	-122,000	2,000	75,000	-322,000	138,000	93,000	-373,000	0	240,000	-153,000	23,000
Net change in cash and cash equivalents
370,000	1,230,000	-297,000	34,000	379,000	982,000	372,000	1,178,000	441,000	187,000	299,000	-158,000	-1,101,000	332,000	-4,564,000	-969,000	1,238,000	-178,000	-639,000	-636,000	1,132,000	697,000	904,000	214,000	1,177,000	368,000	-175,000	-937,000	-479,000	412,000	159,000	766,000	519,000	696,000	708,000	-349,000
Supplemental disclosures of cash flow information
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,000	0	3,000	23,000	25,000	22,000	36,000	37,000	51,000	13,000	57,000	45,000	151,000	47,000	169,000	286,000
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	252,000	236,000	67,000	283,000	180,000	220,000	222,000	256,000	238,000	353,000	115,000	344,000	368,000	352,000	363,000	285,000
Supplemental disclosures of non-cash investing and financing activities:
Issuance of stock options in settlement of accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	40,000	-	-	-	-	-	-	-	-
Issuance of stock options in settlement of accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62,000	123,938	62	-	-	-	-
Issuance of stock options in settlement of accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	134,000	0
Issuance of common stock in settlement of accrued liabilities
0	34,000	0	49,000	0	64,000	17,000	31,000	-17,000	80,000	14,000	77,000	0	0	0	93,000	0	0	-103,000	103,000	0	0	0	16,000	0	0	0	11,000	0	0	0	106,000	0	0	70,000	0
Treasury stock retired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	0	38,000	755,000	845,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Treasury stock retired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,242,000	73,000	0	0	0	-	-	-	-