New Age Beverages Corp NBEV Cash Flow

New age beverages corp (NBEV)

CashFlow / TTM

Mar'20	Dec'19	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	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-99,837	-89,835	-26,596	-19,414	-11,100	-12,135	-14,367	-11,343	-5,479	-3,536	-202	441	-4,052	-3,633	0	0	0	-769	-1,249	-1,335	-1,111	-928	-330	0	0	0
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization expense
-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	199	169	139	119	103	103	0	0	0
Depreciation and amortization
8,402	8,759	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
4,458	6,388	6,423	5,922	5,443	2,533	3,118	2,629	2,108	1,731	0	0	0	-	-	-	-	-	-	-	-	-	20	0	0	0
Deferred income tax benefit
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) from change in fair value of derivatives
-425	371	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion and amortization of debt discount and issuance costs
964	1,937	2,391	2,374	1,893	780	284	-14	-29	99	2	155	166	46	0	0	0	-	-	-	-	-	-	-	-	-
Amortization of stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Gain (loss) from sale of property and equipment
-157	6,365	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	0	0
Make-whole premium on early payment of Siena Revolver
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-	-	-	63	9	30	0	0	0	0	-	-	-	-	-	-	-	-	-
Change in fair value of earnout obligations
0	-	-	-	-	-100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expense for make-whole premium
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable
1,411	501	440	4,184	-927	-1,286	-577	-275	1,433	2,301	2,582	1,196	-1,067	-1,157	0	0	0	1	-13	13	14	11	39	0	0	0
Inventories
-8,330	-2,792	-770	690	5,525	3,374	-166	1,937	1,169	299	3,296	177	-1,200	-623	0	0	0	-30	-49	-39	-25	-14	-22	0	0	0
Prepaid expenses, deposits and other
-865	-902	5,040	4,580	1,389	1,777	-1,268	686	462	470	1,514	317	101	-192	0	0	0	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	0	-89	-117	-125	-122	0	0	0
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-25	66	31	18	63	-16	0	0	0
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Due to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts payable
-1,999	907	875	-4,695	-18	-3,583	-2,942	3,251	1,429	-189	-988	-2,390	-3,147	0	0	0	0	94	134	124	48	130	105	0	0	0
Other accrued liabilities
-8,831	7,583	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred lease incentive obligation
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in lease liability
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-39,121	-31,801	-29,506	-12,890	-27,905	-21,831	-11,287	-8,158	-5,423	-8,411	-10,403	-5,448	-2,044	975	0	0	0	0	-	-	-	0	-	-	-	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of equipment
0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	45	67	61	64	27	5	0	0	0
Repair obligations
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures for property and equipment
6,665	5,357	3,247	1,921	963	744	24	212	478	563	650	461	195	47	0	0	0	379	651	615	92	349	23	0	0	0
Net proceeds from sale of land and building in Japan:
Related to sale of property
-	35,873	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repair obligation
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Security deposit under sale leaseback arrangement
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of assets of Maverick Brands, LLC
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-7,453	29,429	2,842	1,505	6,091	-29,438	-132	-322	8,311	6,227	7,003	6,438	-10,695	-8,547	0	0	0	-384	-584	-554	-437	-309	-18	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on borrowings
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	17	25	65	78	94	103	0	0	0
Proceeds from borrowings
-	61,288	61,594	46,639	46,076	9,526	0	0	0	-	-	-	-	-	-	-	-	110	0	0	30	105	85	0	0	0
Proceeds from issuance of common stock
0	-	-	-	-	-	-	-	-	15,399	15,638	15,638	15,638	0	0	0	0	-	-	-	-	-	-	-	-	-
Proceeds from deferred lease financing obligation
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	200	0	0	0	-	-	-	-	-	-	-	-	-
Issuance of stock for cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0
Repayment of notes payable and capital lease payments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	17	25	65	78	94	103	0	0	0
Proceeds from exercise of stock options
210	624	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on borrowings
0	-	-	-	-	-	6,212	1,913	5,240	15,610	9,835	18,449	13,122	2,753	0	0	0	-	-	-	-	-	-	-	-	-
Net factoring advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-110	0	0	0	-	-	-	-	-	-	-	-	-
Proceeds from convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Debt issuance costs paid
758	951	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for deferred offering costs
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for make-whole premium
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
-20,288	19,394	68,050	96,901	134,083	96,401	39,455	8,414	-3,328	1,940	3,724	-716	13,124	8,057	0	0	0	763	323	833	849	628	531	0	0	0
Effect of foreign currency translation changes
-239	1,693	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
-67,101	18,715	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SUMMARY OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH:
NET CHANGE IN CASH
-	-	-	-	-	-	-	-	-440	-244	323	274	383	485	0	0	0	242	-329	82	222	173	381	0	0	0
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for interest
891	719	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	31	34	28	28	0	0	0
Cash paid for income taxes
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for amounts included in the measurement of operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in payables for debt discount and issuance costs
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets acquired in exchange for operating lease liabilities
0	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Cash paid under right-of-use operating lease obligations
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Principal payment
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Make-whole premium
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of mortgage from proceeds from sale of land and building
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted stock granted for prepaid compensation
-	500	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in payables for: Debt discount and issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in payables for: Capital expenditures
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs paid from proceeds of borrowings
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in payables for capital expenditures
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt discount due to preferred stock issued with notes payable and related party debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Debt discount due to common stock issued with notes payable and related party debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-
Issuance of common stock for prepaid consulting services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131	731	902	788	788	188	0	0	0
Transfer of deposit on equipment to property and equipment for equipment placed in service
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-104	118	-69	303	223	0	0	0	0