Mindbody, inc. (MB)
CashFlow / Quarterly
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss

-17,237

-16,891

-1,691

-2,878

-3,630

-4,375

-3,909

-3,940

-5,895

-6,550

-6,594

-9,750

-9,628

-8,849

-7,861

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

5,589

5,307

2,648

2,414

2,337

2,309

2,090

2,084

2,013

1,810

1,848

1,859

1,808

1,631

1,218

Stock-based compensation expense

7,622

7,402

4,816

4,176

3,915

3,513

2,497

2,157

2,310

2,383

1,913

3,125

2,285

1,825

1,140

Partial release of valuation allowance

0

0

2,133

-

0

0

0

-

-

-

-

-

-

-

-

Change in fair value of preferred stock warrant

-

-

-

-

-

-

-

-

-

-

-

-

0

-125

150

Other

1

-36

30

325

23

3

-9

-555

436

136

248

211

79

102

162

Changes in operating assets and liabilities net of effects of acquisitions:
Accounts receivable

-892

-426

1,012

900

739

-621

721

332

556

292

1,381

344

1,979

550

969

Deferred commissions

3,714

3,269

2,674

-

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

673

697

1,036

-26

824

709

364

33

64

338

203

532

329

-880

545

Other assets

-

-

-

-

-

-

-

65

78

10

-21

-10

-61

-59

-18

Accounts payable

1,370

-3,536

1,089

304

966

401

294

144

21

361

-434

96

568

-144

202

Accrued expenses and other liabilities

-679

4,366

-463

2,042

-1,005

943

327

-4

838

672

1,125

-155

1,138

2,036

-276

Deferred revenue

621

433

321

199

143

357

652

744

548

768

715

752

1,509

198

97

Deferred rent

28

174

160

155

171

71

176

28

19

42

44

48

45

55

120

Net cash provided by (used in) operating activities

-2,391

-5,175

55

5,586

1,357

3,134

1,033

228

-408

-1,018

-2,698

-4,705

-4,443

-2,882

-6,544

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment

1,947

2,011

1,969

2,069

1,074

2,301

1,406

2,125

2,670

2,659

1,137

1,795

1,458

3,135

3,396

Additions to internally developed software

27

296

1,043

952

774

237

0

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

0

136,569

15,196

250

0

0

1,450

0

4,138

0

0

0

0

0

3,000

Change in restricted cash and deposits

-

-

-

-

-

-

-

-

-

-

-

0

0

-8

-780

Net cash used in investing activities

-173,076

-138,876

-18,208

-3,271

-1,848

-2,538

-2,856

-2,125

-6,808

-2,659

-1,137

-1,930

-1,458

-3,127

-5,616

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercise of equity awards

1,343

1,340

3,499

4,421

4,109

-898

2,408

1,742

4,341

241

302

127

7

57

3

Proceeds from employee stock purchase plan

2,255

0

2,006

0

-1,399

3,127

1,510

0

1,361

0

1,679

-

-

-

-

Payment related to shares withheld for taxes

638

2,963

790

141

102

1,461

0

-

-

-

-

-

-

-

-

Repayment on financing and capital lease obligations

-866

500

750

-

110

211

0

-

-

-

-

-

-

-

-

Payment of financing obligations related to Lymber and HealCode acquisitions

997

132

121

261

250

-100

100

179

99

101

87

172

81

53

10

Payments of deferred offering cost

-

-

-

-

-

-

-

-

-

-

-

118

658

2,341

263

Other

0

0

0

0

0

0

-33

0

0

0

-33

0

0

0

-73

Net cash provided by financing activities

3,775

252,217

3,844

4,329

1,997

135,185

3,785

1,563

5,603

140

1,861

-163

-732

90,756

-343

Effect of exchange rate changes on cash and cash equivalents

-29

-79

-2

63

14

70

115

-90

-9

-4

20

93

-103

0

-73

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-171,721

108,087

-14,311

6,707

1,520

135,851

2,077

-424

-1,622

-3,541

-1,954

-6,705

-6,736

84,747

-12,576

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for income taxes

44

91

45

143

42

119

51

40

100

55

31

11

38

21

7

Cash paid for interest

305

297

297

310

313

311

310

322

330

326

324

330

331

261

12

SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Earnout in business combination deemed part of total purchase consideration

0

0

0

-

0

0

5,142

-

0

0

0

-

-

-

-

Stock Issued

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,500

Accretion of redeemable convertible preferred stock to redemption value

-

-

-

-

-

-

-

-

-

-

-

0

0

4,403

5,459

Deemed dividendpreferred stock modification

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,748

Reclassification of restricted stock award liability to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

88

Property and equipment acquired with financing obligations and leases

-

-

-

-

-

-

-

-

-

-

-

245

0

-514

1,358

Unpaid equipment purchases

-262

9

1,798

-268

881

224

559

-814

-945

-366

2,903

-515

-154

-1,091

2,208

Acquisition consideration held back to satisfy potential indemnification claims

0

0

0

0

-250

0

750

0

750

0

0

-

-

-

-