Marchex inc (MCHX)
CashFlow / TTM
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
Operating Activities:
Net loss

-27,618

-4,042

-4,265

-3,507

-3,051

-2,678

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-16,388

-83,899

-84,066

-77,063

-71,199

18,461

26,721

26,033

4,527

-15,362

-19,090

-19,056

3,921

2,587

1,817

-33,122

-35,146

-34,396

-35,196

126

1,922

1,668

2,959

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and depreciation

8,411

8,167

7,364

5,743

4,108

2,598

1,885

2,248

2,564

2,791

3,003

2,981

3,069

3,194

3,383

3,520

3,660

3,661

3,645

3,648

3,626

4,105

4,587

5,338

6,071

6,683

7,253

7,554

7,848

8,457

9,164

9,868

10,539

9,473

0

0

0

Impairment of goodwill

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of intangibles assets from acquisitions

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition and disposition related costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

132

0

0

0

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gain on sales and disposals of intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,774

4,601

4,266

6,195

6,296

7,743

9,517

8,971

9,421

0

0

0

Allowance for doubtful accounts and advertiser credits

1,936

428

255

197

83

399

-112

-22

78

226

926

1,561

1,728

1,682

1,072

713

622

321

1,257

1,114

787

1,528

1,240

1,466

2,050

1,722

1,364

1,110

1,308

1,780

2,369

2,306

1,881

1,203

0

0

0

Deferred income taxes

-2,392

-1,733

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,390

25,334

3,100

2,587

1,968

16,720

15,719

16,589

16,586

1,678

2,172

1,478

1,895

0

0

0

Accretion of interest and other expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

362

0

0

0

-

-

-

-

Stock-based compensation

3,659

3,147

2,855

2,734

2,634

3,040

3,432

3,892

4,191

4,597

6,437

7,054

9,574

10,183

9,462

10,032

9,197

10,025

10,688

11,363

11,814

11,903

11,387

10,731

10,228

9,264

10,158

11,505

13,707

15,696

16,173

16,411

15,540

15,143

0

0

0

Acquisition-related costs (benefit)

-1,927

-1,082

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

384

218

308

0

0

0

-

-

-

-

Change in certain assets and liabilities:
Accounts receivable, net

3,852

1,910

-1,270

-270

-1,773

-254

-1,359

-466

-2,080

-3,836

-5,761

-8,279

-8,029

-4,017

-3,210

-4,499

-824

-999

-6,412

-3,072

-6,315

-2,536

3,955

2,056

8,537

5,732

6,667

9,123

-822

-2,948

-1,496

-1,430

1,528

6,965

0

0

0

Refundable taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-16

-

43

24

48

34

20

-72

-225

-167

-751

-666

19

100

-1,770

-2,098

-3,049

-4,006

0

0

0

Prepaid expenses, other current assets and other assets

-547

-1,007

-816

-74

487

-76

283

-282

-509

-48

-560

-487

-700

-274

8

-230

77

-699

-406

143

233

104

-98

-231

-72

338

-145

-928

-1,669

-1,884

544

1,350

2,016

1,618

0

0

0

Accounts payable

724

1,149

-82

614

95

618

-37

36

159

-1,963

-2,659

-4,461

-4,724

-2,611

-4,090

-3,638

-2,703

-4,085

-8,299

-6,418

-8,300

-2,199

5,244

1,588

7,523

3,513

4,777

5,709

1,367

-550

-3,770

-3,447

-3,983

-1,542

0

0

0

Accrued expenses and other current liabilities

912

807

57

473

12

-211

-553

-907

-1,188

-1,763

-1,596

-752

450

1,219

574

176

-1,403

-1,008

-896

-840

-833

-480

-42

-509

715

-39

266

107

-1,189

-1,704

-2,002

-1,541

301

1,195

0

0

0

Deferred revenue and deposits

-2,692

-724

354

2,080

2,733

1,087

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue and deposits

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-343

27

20

-143

-433

-264

-883

-177

729

86

726

221

-49

55

69

50

79

211

163

112

210

0

0

0

Other non-current liabilities

-

-120

-88

-77

-87

3

67

197

215

43

-155

-407

-543

-528

-513

-491

-473

-456

-442

-424

-372

-375

-301

-298

-257

-59

-198

-157

-178

-344

-91

62

141

185

0

0

0

Net cash provided by (used in) operating activities

-2,244

5,094

7,832

8,274

7,654

5,051

4,062

4,053

5,591

1,692

896

-1,640

-2,280

-3,669

-2,120

5,663

4,286

12,753

16,302

15,489

20,541

22,419

24,226

21,808

19,533

13,596

11,798

11,122

18,088

19,901

19,264

20,492

18,217

16,782

0

0

0

Investing Activities:
Cash paid for sale of Archeo assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of property and equipment

2,032

1,673

1,549

1,581

1,119

1,651

1,868

1,689

2,329

1,562

1,666

1,530

740

986

1,078

1,584

3,502

4,107

4,591

4,960

3,446

3,265

2,862

2,506

2,903

3,041

3,088

3,148

2,939

2,879

3,628

3,437

3,771

3,971

0

0

0

Cash received in connection with acquisitions

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of intangible assets and changes in other non-current assets

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sales of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

0

0

0

Proceeds from sales of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,775

4,601

4,268

6,207

6,319

7,778

9,561

9,035

9,474

0

0

0

Purchases of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

15

14

16

20

30

51

78

94

106

217

215

230

249

154

177

145

130

120

91

108

101

103

0

0

0

Intangible asset deposit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Net cash used in investing activities

-10,049

-9,683

-35,854

-35,822

-35,937

-36,563

-2,444

-2,276

-2,340

-1,577

-1,684

-1,542

-755

-1,224

-587

-1,612

22,224

21,822

20,580

21,014

-3,248

-3,178

-2,728

-666

328

1,647

2,394

1,055

2,638

3,320

4,061

6,023

-10,129

-10,392

0

0

0

Financing Activities:
Excess tax benefit related to stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

355

384

218

308

0

0

0

-

-

-

-

Deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholding related to restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

297

0

0

0

-

-

-

-

1,080

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Tax withholding related to restricted stock awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Repurchase of Class B common stock for treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,822

0

0

0

-

-

-

-

119

206

507

1,088

1,651

4,489

4,323

6,589

6,159

0

0

0

Common stock dividends payments

-

-

-

-

-

21,911

0

0

0

-

-

-

-

-

-

-

-

1,685

2,541

3,398

3,398

3,330

0

0

0

-

-

-

-

9,376

3,551

2,971

2,971

2,938

0

0

0

Proceeds from exercises of stock option

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,754

0

0

0

Proceeds from exercises of stock options, issuance and vesting of restricted stock and employee stock purchase plan, net

1,699

1,885

1,884

1,761

300

136

194

181

150

125

33

37

116

350

396

501

506

339

366

1,010

2,992

4,248

6,134

6,182

4,335

3,008

1,017

205

-16

8

0

0

0

-

-

-

-

Proceeds from employee stock purchase plan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

52

45

39

36

38

33

26

26

0

0

0

Net cash provided by financing activities

1,699

1,885

1,884

1,761

-5,373

-27,448

-27,390

-27,403

-21,761

125

-110

-166

-496

-312

-954

-2,705

-3,565

-5,452

-8,598

-7,022

27,839

29,879

34,003

35,066

1,565

-261

-24,575

-27,008

-44,921

-44,734

-23,279

-21,275

-6,842

-6,275

0

0

0

Net increase (decrease) in cash and cash equivalents

-10,594

-2,704

-26,138

-25,787

-33,656

-58,960

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-3,348

-3,531

-5,205

-3,661

1,346

22,945

29,123

28,284

29,481

45,132

49,120

55,501

56,208

21,426

14,982

-10,383

-14,831

-24,195

-21,513

46

5,240

1,246

115

0

0

0

Supplemental disclosure of cash flow information:
Cash received (paid) during the period for income taxes, net of refunds

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

34

73

94

117

-2,154

-2,154

-2,180

-2,994

0

0

0

Cash paid for operating leases

1,576

1,693

1,664

1,599

1,535

1,405

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-