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

-38,697

-25,090

-12,574

-14,792

-15,854

-18,119

-20,294

-22,979

-28,789

-32,522

-34,821

-36,088

0

0

0

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

15,958

12,706

9,708

9,150

8,820

8,496

7,997

7,755

7,530

7,325

7,146

6,516

0

0

0

Stock-based compensation expense

24,016

20,309

16,420

14,101

12,082

10,477

9,347

8,763

9,731

9,706

9,148

8,375

0

0

0

Partial release of valuation allowance

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Change in fair value of preferred stock warrant

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Other

320

342

381

342

-538

-125

8

265

1,031

674

640

554

0

0

0

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

594

2,225

2,030

1,739

1,171

988

1,901

2,561

2,573

3,996

4,254

3,842

0

0

0

Deferred commissions

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

2,380

2,531

2,543

1,871

1,930

1,170

799

638

1,137

1,402

184

526

0

0

0

Other assets

-

-

-

-

-

-

-

132

57

-82

-151

-148

0

0

0

Accounts payable

-773

-1,177

2,760

1,965

1,805

860

820

92

44

591

86

722

0

0

0

Accrued expenses and other liabilities

5,266

4,940

1,517

2,307

261

2,104

1,833

2,631

2,480

2,780

4,144

2,743

0

0

0

Deferred revenue

1,574

1,096

1,020

1,351

1,896

2,301

2,712

2,775

2,783

3,744

3,174

2,556

0

0

0

Deferred rent

517

660

557

573

446

294

265

133

153

179

192

268

0

0

0

Net cash provided by (used in) operating activities

-1,925

1,823

10,132

11,110

5,752

3,987

-165

-3,896

-8,829

-12,864

-14,728

-18,574

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment

7,996

7,123

7,413

6,850

6,906

8,502

8,860

8,591

8,261

7,049

7,525

9,784

0

0

0

Additions to internally developed software

2,318

3,065

3,006

1,963

0

0

0

-

-

-

-

-

-

-

-

Acquisition of business, net of cash acquired

152,015

152,015

15,446

1,700

1,450

5,588

5,588

4,138

4,138

0

0

3,000

0

0

0

Change in restricted cash and deposits

-

-

-

-

-

-

-

-

-

-

-

-788

0

0

0

Net cash used in investing activities

-333,431

-162,203

-25,865

-10,513

-9,367

-14,327

-14,448

-12,729

-12,534

-7,184

-7,652

-12,131

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercise of equity awards

10,603

13,369

11,131

10,040

7,361

7,593

8,732

6,626

5,011

677

493

194

0

0

0

Proceeds from employee stock purchase plan

4,261

607

3,734

3,238

3,238

5,998

2,871

3,040

0

0

0

-

-

-

-

Payment related to shares withheld for taxes

4,532

3,996

2,494

1,704

0

0

0

-

-

-

-

-

-

-

-

Repayment on financing and capital lease obligations

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Payment of financing obligations related to Lymber and HealCode acquisitions

1,511

764

532

511

429

278

479

466

459

441

393

316

0

0

0

Payments of deferred offering cost

-

-

-

-

-

-

-

-

-

-

-

3,380

0

0

0

Other

0

0

0

-33

-33

-33

-33

-33

-33

-33

-33

-73

0

0

0

Net cash provided by financing activities

264,165

262,387

145,355

145,296

142,530

146,136

11,091

9,167

7,441

1,106

91,722

89,518

0

0

0

Effect of exchange rate changes on cash and cash equivalents

-47

-4

145

262

109

86

12

-83

100

6

10

-83

0

0

0

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-71,238

102,003

129,767

146,155

139,024

135,882

-3,510

-7,541

-13,822

-18,936

69,352

58,730

0

0

0

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

323

321

349

355

252

310

246

226

197

135

101

77

0

0

0

Cash paid for interest

1,209

1,217

1,231

1,244

1,256

1,273

1,288

1,302

1,310

1,311

1,246

934

0

0

0

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

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

Stock Issued

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Accretion of redeemable convertible preferred stock to redemption value

-

-

-

-

-

-

-

-

-

-

-

9,862

0

0

0

Deemed dividendpreferred stock modification

-

-

-

-

-

-

-

-

-

-

-

1,748

0

0

0

Reclassification of restricted stock award liability to common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Property and equipment acquired with financing obligations and leases

-

-

-

-

-

-

-

-

-

-

-

1,089

0

0

0

Unpaid equipment purchases

1,277

2,420

2,635

1,396

850

-976

-1,566

778

1,077

1,868

1,143

448

0

0

0

Acquisition consideration held back to satisfy potential indemnification claims

0

-250

-250

500

500

1,500

1,500

750

0

0

0

-

-

-

-