Everspin technologies inc (MRAM)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16
Cash flows from operating activities
Net loss

-1,732

-3,080

-3,663

-3,670

-4,256

-3,480

-5,628

-7,369

-1,277

-4,381

-5,446

-5,187

-6,086

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,416

-4,540

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

409

397

421

483

393

381

340

356

373

354

327

278

232

228

218

184

196

Loss on disposal of property and equipment

-

0

0

0

-20

-

-

-

-

-

-

-

-

0

0

0

-80

Stock-based compensation

805

1,157

895

798

704

604

722

717

625

537

672

408

431

621

309

100

111

Non-cash gain on warrant revaluation

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of redeemable convertible preferred stock warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-340

-11

-67

46

Change in fair value of derivative liability

-

-

-

-

-

-

-

-

-

-

-

-

-

0

533

273

-8

Non-cash interest expense

73

71

66

72

81

89

86

100

100

109

69

60

59

117

283

517

266

Compensation expense related to vesting of common stock to GLOBALFOUNDRIES

-

-

-

-

-

44

247

225

237

248

508

461

255

214

-691

922

520

Changes in operating assets and liabilities:
Accounts receivable

521

231

-296

-118

-1,540

1,940

485

-4,189

5,580

-142

3

1,037

-513

844

-404

1,213

-392

Amounts due from related parties

-

-

-

-

-

-

-

-

-

-

-

-

37

-133

117

-791

729

Inventory

81

-455

-646

-695

562

-385

631

-52

-888

1,243

1,044

829

755

616

681

-377

-27

Prepaid expenses and other current assets

-21

317

-266

-107

-93

252

-789

18

617

-140

-272

163

-211

-267

620

39

468

Other assets

-

-

-

-

-

-

-

116

20

12

0

0

11

0

24

1

-4

Accounts payable

-1,067

-316

974

499

-955

-38

-191

-1,264

1,315

1,142

-175

-853

695

-258

-369

1,838

-871

Accrued liabilities

-435

-766

-537

-720

-187

-3,587

2,249

2,334

257

-973

1,029

-13

93

-148

-88

-667

959

Lease liabilities

-21

-28

-29

-23

-20

-

-

-

-

-

-

-

-

-

-

-

-

Amounts due to related parties

-

-

-

-

-

-

-

-

-

-

-

-

717

-5,412

762

769

1,428

Deferred income on shipments to distributors

-

-

-

-

-

-

-

-

-

-430

560

120

-357

-

-

-

-

Shipping term reversal

-

-

-

-

-

0

0

0

-39

-

-

-

-

-

-

-

-

Deferred income on shipments to distributors

-

-

-

-

-

-

-

-

-

-

-

-

-

181

3

43

160

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-42

-83

125

-229

Net cash used in operating activities

-2,555

-2,661

-665

-1,641

-3,149

-7,794

-2,366

-775

-3,738

-4,367

-3,231

-7,250

-4,040

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,640

Cash flows from investing activities
Purchases of property and equipment

64

295

105

236

225

401

1,166

103

244

900

466

1,234

470

444

169

360

67

Net cash used in investing activities

-64

-295

-105

-236

-225

-401

-1,166

-103

-244

-900

-466

-1,234

-470

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-67

Cash flows from financing activities
Proceeds from exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

Proceeds from the issuance of common stock, net of offering costs

-

-

-

-

-

0

-85

0

24,609

-

-

-

-

-

-

-

-

Proceeds from convertible promissory notes-related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,500

0

5,000

Proceeds from debt

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,500

Payments on debt

-

0

1,840

1,500

1,500

-

-

-

-

0

0

7,629

727

-

-

-

-

Payments of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

25

0

15

Payments on finance lease obligation

2

3

3

2

3

3

2

3

3

-

-

-

-

-

-

-

-

Payments on capital lease obligation

-

-

-

-

-

-

-

-

-

0

0

0

7

19

50

74

55

Proceeds from exercise of stock options and purchase of shares in employee stock purchase plan

-

104

28

137

13

139

1,332

723

309

375

363

846

9

-

-

-

-

Proceeds from issuance of common stock in at-the-market offering, net of issuance costs

2,084

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

2,082

2,663

277

-1,365

-1,490

136

2,245

-280

24,915

375

363

5,168

-725

-

-

-

-

Net decrease in cash and cash equivalents

-537

-293

-493

-3,242

-4,864

-8,059

-1,287

-1,158

20,933

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,439

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,732

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-3,316

-5,235

-

-

-

-

Supplementary cash flow information:
Interest paid

99

107

116

122

135

134

137

122

111

71

108

117

171

-

-

-

-

Operating cash flows paid for operating leases

486

429

427

421

416

-

-

-

-

-

-

-

-

-

-

-

-

Financing cash flows paid for finance leases

2

3

3

2

3

-

-

-

-

-

-

-

-

-

-

-

-

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

Non-cash investing and financing activities:
Purchase of property and equipment in accounts payable and accrued liabilities

-

24

6

7

20

-172

156

-46

73

-648

204

-405

965

-

-

-

-

Bonus settled in shares of common stock

315

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-