TARONIS TECHNOLOGIES, INC. MNGA Cash Flow

Taronis technologies, inc. (MNGA)

CashFlow / Quarterly

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 from Operations
Net Loss
-8,263	-5,374	-6,162	-4,909	-3,612	-3,495	-3,019	-3,876	-3,125	-2,241	-1,781	-6,630	-4,067	-5,150	-1,621	-3,339	-2,215	-2,119	-2,197	-2,216	-1,905	-1,634	-1,396	-1,831	-1,470	-1,451	-1,564	-2,177	-2,098	-2,166	-694	-	-	-	-
Adjustments to reconcile net loss to cash used in operating activities:
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-366	-499	-215
Depreciation and amortization
611	557	432	75	408	420	159	146	166	193	167	143	177	175	153	139	141	139	136	106	104	102	62	64	113	139	167	174	108	97	71	30	17	19	15
Accretion of debt discount
-	-	-	13	53	70	45	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of debt discount
-	-	-	-	-	-	-	-	-	-	103	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
14	4	18	235	-22	60	105	-	-1,528	1,779	102	-	-235	427	49	98	100	83	226	399	380	373	358	285	394	385	399	353	672	1,021	5	331	95	259	101
Common stock and warrants issued for services
2,604	2,197	1,856	1,281	933	791	412	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for slow moving spare parts
-	-	-	-	-	-	-	0	0	25	25	-95	145	25	100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks issued for Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Provision for bad debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	-	-	-	-	-	-	-	-
Gain on sale and disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	12	-917	-263	126	5	-	0	0	-483	-0	0	0	-0	-	0	0	0	-	-	-	-	-	-	-	-
Amortization of right-of-use assets
-	-	212	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock and warrants issued for services
-	-	-	-	-	-	-	-	-	-	326	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	175	137	425	382	255	451	697	214	153	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	50	10	6	5	15	0	4	-0	1	5	-12	-5	12	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	-39	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	382	20	-23	-23	-13	-23	-62	-23	16	-23	-123	76	-23	-23	-23	-23	-123	-23	-23	-73
Non-cash interest, amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liability
-	-	-	-	-	-	-	0	0	1,423	831	577	-1,404	240	956	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	729	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Waiver of related party expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	5	5
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-645	221	294	130
Changes in operating assets:
Accounts receivable
-576	525	202	-64	246	-219	-76	-153	139	-106	67	47	79	-6	-14	61	86	8	-24	67	-74	-6	22	-1	0	-15	23	-10	5	75	30	-2	11	-0	2
Inventory
227	-109	-135	252	-420	-139	5	-2	-106	11	133	-73	-13	156	-23	35	71	-8	-12	-233	155	26	-10	122	-20	-111	73	-753	894	126	37	234	18	365	245
Prepaid and other current assets
283	362	-16	-378	317	112	-263	-106	-8	-45	131	-307	-63	178	98	-220	38	-36	238	-100	167	113	73	-34	-42	46	27	106	-2	0	0	2	0	0	-30
Accounts payable
-889	37	444	447	-589	1,029	-303	152	340	329	525	27	-378	393	-51	-29	214	-73	153	7	-3	-6	-75	67	31	-449	97	-170	165	258	-46	-136	24	77	-52
Accrued Expenses
749	382	-80	-131	619	-658	-128	316	109	163	111	-45	-170	212	-224	337	63	57	10	-305	70	25	-90	222	91	-54	-12	-196	115	21	16	-86	115	63	1
Payments on lease liabilities
-259	-261	-248	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
-	-	-	-	-	-44	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-5,438	-2,674	-3,577	-3,049	-2,369	-1,579	-2,394	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,365	-960	-954	-1,957	-967	-738	-1,424	-381	-755	-565
Deferred revenue and customer deposits
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total adjustments to net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	772	602	1,044	758	984	496	273	1,132	871	85	604	1,223	141	1,199	-43	432	-15	-256	-349
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-1,546	-2,184	-2,424	-1,616	-2,414	-1,420	-1,442	-1,516	-1,153	-1,458	-920	-1,137	-1,122	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities
Deposit on acquisition
0	0	550	-	-	-	1,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash acquired in acquisition of businesses
-0	0	69	-	-	54	15	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for acquisitions
0	0	6,500	3,499	0	2,000	1,767	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for noncompete agreements
0	0	-2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
1,201	162	3,503	789	857	-498	588	113	-3	96	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of intangibles
2,246	6	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	12	-190	211	14	22	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	661	578	406	32	139	105	285	63	10	-158	-40	158	56	2,196	1,591	846	401	-638	0	49	14
Security deposit
-31	0	1,174	-209	79	-0	-69	9	0	-10	0	0	0	1	-4	-2	0	0	0	0	0	0	0	-	-6	0	-0	-	-2	0	0	-	-	-	-
Principle payments on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Offering cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-3,480	-169	-11,311	-5,880	-777	-2,134	-3,382	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-158	-56	-2,193	-1,593	-846	-401	-509	0	-49	-14
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-	0	0	400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-22	-207	-279	-321	-671	-600	-428	-65	249	-3,143	-496	-78	-32	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities
Common shares issued for the exercise of warrants
-	-	-	-0	0	0	0	0	0	0	7	43	39	13	0	5,151	-18	1,462	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares issued for the exercise of warrants
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds for common stock issued for cash
7,645	2,484	17,840	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,496	93	536	8,056	-	-	-	-	303	5,846	535	3,231	3,256	500	500	0
Finance lease payments
-60	-22	-22	-15	-15	-1	-12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on notes payable
-	-	-	244	133	107	256	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	27	33	67	0	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease payments
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payables
-	-	-	-	-	-	-	-	-	-	-1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds on related party notes and advances
-	-	-	-	0	0	22	-50	232	107	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes Payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments to Stockholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	-41
Repayment of related party notes
-	-	-	-11	46	-7	80	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	-3	13	-	-	-	-
Net proceeds on issuance of series C preferred stock units, net of costs
-0	0	449	3,933	3,742	3,580	7,619	-	1,034	75	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Issuance costs
137	110	1,119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of series C & E preferred
-	-	-3,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock issued for Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	6	2,826	37	3,569	-16	5,171	1	1,480	-17	4,496	93	536	8,056	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
7,819	4,133	13,646	9,499	3,835	2,757	7,294	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	303	5,842	328	3,217	3,215	508	530	-41
Net increase in cash
-1,099	1,289	-1,242	569	688	-955	1,516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase/(decrease) in cash
-	-	-	-	-	-	-	492	12	27	-1,562	433	-2,665	1,630	-3,102	3,150	-1,869	-101	-921	-105	-1,324	-678	6,900	-362	-452	578	-1,017	-2,844	2,292	-1,484	2,078	-	-	-	-
Supplemental disclosure of cash flow information Cash paid during the period for:
Interest
-	-	-	90	-0	39	56	0	-5	0	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	126	-274	-621
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	9	12	-	11	8	8	8	0	0	0	0	0	0	0	2	0	0	0	0	0	0	0
Supplemental disclosures of non-cash investing and financing activities:
Reclassification of derivative liability to equity
-	-	-	-	-	-	-	-855	855	-855	427	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0
Liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-8,264	192	2,675	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of common stock issued in Green Arc Supply acquisition
-	-	-	-	-	0	1,259	-	-	-	-	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series C preferred stock into shares of common stock
-	-	-	437	767	-37	1,045	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares issued for debt
-	-	-	-	-	-	-	-	-	-	57	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series E preferred stock into shares of common stock
-	-	-	-0	0	0	380	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series F preferred stock into shares of common stock
-	-	-	0	418	-418	556	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend in connection with the issuance of Series C Preferred stock
-	-855	-3,007	-437	-415	852	-2,097	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NG Enterprises Inc [Member]
Assets acquired
-	-	-	0	-0	0	916	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-0	0	0	148	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Green Arc Supply, L.L.C. [Member]
Assets acquired
-	-	-	268	0	-268	2,667	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	0	-0	0	154	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trico Welding Supplies, Inc [Member]
Assets acquired
-	-	-	560	0	-560	3,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	506	0	-506	1,612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Paris Oxygen Company [Member]
Assets acquired
-	-	-	-	-	-	1,340	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Latex Welding Supply, Inc [Member]
Assets acquired
-	-	-	-	-	-	1,526	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United Welding Specialties of Longview, Inc [Member]
Assets acquired
-	-	-	-	-	-	815	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tyler Welders Supply [Member]
Assets acquired
0	0	1,619	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
0	0	652	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cylinder Solutions, Inc [Member]
Assets acquired
0	0	375	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
0	0	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Complete Cutting & Welding Supplies, Inc [Member]
Assets acquired
-0	0	1,083	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-0	0	316	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-