Misonix inc (MSON)
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'11Dec'10Sep'10
Operating activities
Net loss

-11,226

-7,227

-2,979

-7,386

-6,822

-2,994

-9,011

-7,612

0

0

0

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (income) from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

16

16

16

16

-72

-74

-75

-74

-1,488

-1,183

112

-97

411

108

-1,373

-1,345

0

0

0

Net loss from operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

5,304

2,866

2,835

2,393

1,126

-1,788

-2,662

-3,774

-2,846

-1,075

-651

233

-608

-1,310

-1,391

-2,066

-2,104

0

0

0

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

2,930

2,322

1,757

1,663

1,560

1,517

1,467

1,427

1,349

1,262

1,167

1,066

1,143

1,230

1,420

1,651

1,708

1,721

1,573

1,439

1,269

1,140

1,071

978

925

879

834

785

0

0

0

-

-

-

-

-

-

-

-

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Depreciation and amortization and other non-cash items

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

715

671

636

502

0

0

0

Bad debt expense (recovery)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-69

-62

-59

-13

0

0

0

Bad debt expense (recovery)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-13

0

0

0

Disposals of property, plant and equipment

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax expense

-

-

-

-

-

-

5,524

5,243

4,490

4,359

-1,194

-939

-429

-347

-379

-502

-3,152

-3,103

-3,041

-2,892

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

1,678

1,581

1,676

2,336

2,436

2,663

3,008

2,628

2,550

2,472

1,937

1,086

1,070

984

1,102

1,629

1,519

1,352

1,193

1,107

950

855

766

696

641

592

533

488

443

394

359

342

334

323

307

285

0

0

0

Release of valuation allowance on deferred tax assets

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

-

-

-

-

-

-

-6

-

-

-

20

18

2

24

1

8

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred lease liability

-

-

-

-

-

-

-

-

-

-

-

-0

-2

-4

-6

-9

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-17

-17

-40

-36

-36

-52

-71

-95

-95

-57

-16

-18

0

0

0

Deferred lease liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-5

-3

-1

0

0

0

0

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Deferred lease liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-10

-12

-14

-14

0

0

0

Accounts receivable

3,336

1,759

1,772

176

980

1,488

1,437

167

121

556

312

1,263

225

-338

118

-641

583

484

366

712

517

606

423

706

139

602

247

-124

846

496

856

1,112

412

26

277

127

0

0

0

Inventories

10,178

7,666

5,267

3,182

2,220

1,760

865

1,410

1,617

1,595

1,686

873

649

1,091

1,824

2,823

3,086

2,632

1,577

1,259

1,096

1,550

1,404

1,033

771

72

346

-92

-526

113

396

538

816

415

427

796

0

0

0

Prepaid expenses and other current assets

823

715

222

223

86

528

315

-72

330

-16

28

404

71

62

228

186

179

228

123

129

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease and other assets

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible and other assets

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-435

-335

-466

-234

0

0

0

Accounts payable, accrued expenses and other current liabilities

923

442

3,696

3,101

2,081

2,730

505

-601

737

-140

567

1,917

627

839

1,019

630

445

584

-375

-412

-125

51

111

-382

-54

71

847

895

333

7

-1,121

-431

-194

147

995

1,003

0

0

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in operating activities

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

336

-27

-850

-1,418

-1,263

-337

-522

-993

0

0

0

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-316

-423

1,148

1,916

2,371

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investing activities
Acquisition of property, plant and equipment

400

409

508

683

605

742

577

375

608

440

466

490

300

311

495

471

533

488

395

345

233

-35

101

72

-82

691

497

533

754

324

322

474

431

821

810

644

0

0

0

Payments for assets acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

259

0

0

0

-

-

-

-

Additional patents

139

159

139

162

172

182

189

165

159

127

166

224

246

241

195

132

86

70

97

104

133

137

129

129

114

111

93

82

0

0

0

-

-

-

-

-

-

-

-

Cash from acquisition of Solsys Medical, LLC

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing continuing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-604

-620

-886

-820

-778

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by investing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,115

0

0

0

Additional patents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Payments for assets acquisition (note 10)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net cash provided by (used in) investing activities

4,985

4,955

4,876

-846

-587

-733

-575

-349

-768

-406

-471

-553

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

-818

-397

-525

-806

-787

-1,287

-1,922

-1,609

0

0

0

Financing activities
Proceeds from notes payable

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock registration and investment bank fees

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments of short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

0

0

0

Principal payments on capital lease obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

13

13

13

0

0

0

Proceeds from exercise of stock options

1,227

1,701

988

1,393

1,459

978

695

336

258

417

389

333

341

182

53

189

318

743

789

723

677

482

437

484

497

456

486

369

0

0

0

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

189

318

743

789

723

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

0

-

236

40

-6

-10

-13

-24

-97

-190

0

0

0

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

267

261

266

266

266

258

175

174

175

2,131

2,017

1,838

1,628

-1,313

-1,365

-663

-230

0

0

0

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

0

0

0

Net increase (decrease) in cash and cash equivalents

30,713

4,230

3,537

-3,137

-3,297

-1,929

-1,205

-577

453

-663

1,927

2,507

3,499

3,208

-1,144

-574

-552

1,262

2,147

2,583

3,261

3,262

2,944

1,233

-443

-1,821

-2,009

-466

160

158

455

-608

-1,653

-1,540

-3,206

-3,019

0

0

0

Supplemental disclosure of cash flow information:
Cash paid for:
Interest

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes

6

64

70

77

71

13

8

0

1

9

8

10

9

11

66

140

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of inventory to property, plant and equipmment for consignment of product

-

-

-

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of inventory to property, plant and equipment for consignment of product

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock issued for the acquisition of Solsys Medical, LLC

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock registration fees not paid

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalization of consigned product

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1

2

5

0

0

0

Income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

27

32

27

32

22

21

20

20

26

16

11

48

0

0

0