TARONIS TECHNOLOGIES, INC. MNGA Cash Flow

Taronis technologies, inc. (MNGA)

CashFlow / TTM

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
-24,710	-20,059	-18,179	-15,036	-14,003	-13,515	-12,262	-11,024	-13,778	-14,721	-17,629	-17,469	-14,178	-12,326	-9,295	-9,871	-8,748	-8,438	-7,953	-7,152	-6,767	-6,333	-6,150	-6,318	-6,665	-7,292	-8,007	-7,136	0	0	0	-	-	-	-
Adjustments to reconcile net loss to cash used in operating activities:
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Depreciation and amortization
1,676	1,473	1,336	1,063	1,134	891	664	673	670	682	664	650	646	610	575	558	525	488	450	376	334	343	380	484	594	589	548	452	308	217	139	84	0	0	0
Accretion of debt discount
-	-	-	183	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of debt discount
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
273	236	292	378	0	0	0	-	0	0	0	-	340	676	332	508	809	1,089	1,379	1,511	1,398	1,412	1,424	1,465	1,533	1,810	2,446	2,053	2,031	1,454	692	787	0	0	0
Common stock and warrants issued for services
7,940	6,269	4,862	3,418	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for slow moving spare parts
-	-	-	-	-	-	-	50	-45	100	100	175	270	125	100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks issued for Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Provision for bad debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Gain on sale and disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-1,042	-1,049	0	0	0	-	-484	-484	-483	-0	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Amortization of right-of-use assets
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock and warrants issued for services
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,120	1,201	1,515	1,787	1,619	1,517	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	71	36	26	24	19	5	11	-5	-11	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	355	-39	-83	-122	-122	-93	-93	-153	-53	-93	-93	6	-93	-193	-193	-193	-243	0	0	0
Non-cash interest, amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liability
-	-	-	-	-	-	-	2,255	2,832	1,428	245	370	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	729	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Waiver of related party expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Changes in operating assets:
Accounts receivable
86	909	165	-113	-202	-309	-196	-52	147	87	188	105	120	127	141	131	137	-23	-38	8	-60	14	5	6	-2	2	93	100	108	114	38	10	0	0	0
Inventory
235	-412	-442	-301	-556	-242	-91	35	-34	57	202	45	154	240	75	86	-182	-99	-64	-62	293	118	-19	64	-811	103	341	304	1,293	417	656	864	0	0	0
Prepaid and other current assets
250	284	34	-211	60	-265	-423	-28	-229	-284	-60	-94	-6	94	-119	20	140	268	418	253	319	109	42	-2	138	178	131	104	0	2	2	-27	0	0	0
Accounts payable
40	339	1,332	584	289	1,219	519	1,348	1,222	503	567	-9	-65	527	61	265	302	84	150	-78	-18	17	-425	-252	-490	-356	351	207	241	100	-80	-86	0	0	0
Accrued Expenses
919	789	-250	-299	148	-360	461	701	339	58	107	-228	154	388	233	468	-173	-166	-197	-299	228	248	167	245	-173	-149	-73	-43	66	66	108	93	0	0	0
Payments on lease liabilities
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue and customer deposits
-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-14,740	-11,671	-10,576	-9,393	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,238	-4,839	-4,616	-5,086	-3,511	-3,299	-3,127	0	0	0
Deferred revenue and customer deposits
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total adjustments to net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,177	3,389	3,283	2,513	2,887	2,775	2,364	2,694	2,785	2,054	3,168	2,520	1,728	1,571	116	-190	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-7,771	-8,639	-7,875	-6,894	-6,794	-5,532	-5,570	-5,048	-4,669	-4,638	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Investing Activities
Deposit on acquisition
0	0	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash acquired in acquisition of businesses
0	0	263	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for acquisitions
9,999	10,000	12,000	7,267	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for noncompete agreements
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
5,657	5,314	4,653	1,737	1,061	201	795	250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of intangibles
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	66	48	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,679	1,157	684	563	594	465	201	-124	-30	15	2,370	4,001	4,690	5,035	2,201	610	-186	-573	0	0	0
Security deposit
933	1,044	1,044	-199	19	-60	-70	-0	-10	-10	1	-2	-5	-5	-7	-2	0	0	0	0	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Principle payments on notes payable
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Offering cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-20,841	-18,138	-20,103	-12,174	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,002	-4,691	-5,035	-3,351	-1,757	-960	-573	0	0	0
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-831	-1,480	-1,872	-2,021	-1,765	-844	-3,387	-3,456	-3,469	-3,751	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash Flows from Financing Activities
Common shares issued for the exercise of warrants
-	-	-	0	1	0	0	7	51	90	103	95	5,203	5,146	6,595	6,595	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares issued for the exercise of warrants
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds for common stock issued for cash
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,182	0	0	0	-	-	-	-	9,917	12,869	7,523	7,487	4,256	0	0	0
Finance lease payments
-121	-75	-55	-44	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on notes payable
-	-	-	741	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of assets
-	-	-	-	-	-	129	121	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital lease payments
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payables
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds on related party notes and advances
-	-	-	-	-27	204	311	289	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Notes Payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Repayments to Stockholder
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Repayment of related party notes
-	-	-	107	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Net proceeds on issuance of series C preferred stock units, net of costs
4,382	8,125	11,705	18,875	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock Issuance costs
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of series C & E preferred
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock issued for Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	6,439	6,416	8,761	8,726	6,637	6,635	5,960	6,051	5,108	13,182	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
35,099	31,115	29,739	23,386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,693	12,605	7,270	7,472	4,212	0	0	0
Net increase in cash
-482	1,304	-940	1,818	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase/(decrease) in cash
-	-	-	-	-	-	-	-1,029	-1,088	-3,766	-2,163	-3,703	-986	-189	-1,922	258	-2,997	-2,453	-3,030	4,791	4,534	5,407	6,664	-1,254	-3,735	-991	-3,054	41	0	0	0	-	-	-	-
Supplemental disclosure of cash flow information Cash paid during the period for:
Interest
-	-	-	186	96	90	50	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	36	25	16	8	0	0	0	1	4	4	3	2	0	0	0	0	0	0	0
Supplemental disclosures of non-cash investing and financing activities:
Reclassification of derivative liability to equity
-	-	-	-	-	-	-	-427	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	-	-	-	0	0	0	0	0	0	0	0	0
Liabilities assumed
-	-	-	-	-	-	-	-	-	-	-	-5,396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value of common stock issued in Green Arc Supply acquisition
-	-	-	-	-	0	0	-	-	-	-	114	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series C preferred stock into shares of common stock
-	-	-	2,212	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common shares issued for debt
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series E preferred stock into shares of common stock
-	-	-	380	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of Series F preferred stock into shares of common stock
-	-	-	556	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deemed dividend in connection with the issuance of Series C Preferred stock
-	-4,716	-3,007	-2,097	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NG Enterprises Inc [Member]
Assets acquired
-	-	-	916	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	148	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Green Arc Supply, L.L.C. [Member]
Assets acquired
-	-	-	2,667	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	154	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trico Welding Supplies, Inc [Member]
Assets acquired
-	-	-	3,612	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	1,612	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Paris Oxygen Company [Member]
Assets acquired
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Latex Welding Supply, Inc [Member]
Assets acquired
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
United Welding Specialties of Longview, Inc [Member]
Assets acquired
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tyler Welders Supply [Member]
Assets acquired
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cylinder Solutions, Inc [Member]
Assets acquired
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Complete Cutting & Welding Supplies, Inc [Member]
Assets acquired
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities assumed
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-