Neogenomics, inc. (NEO)
CashFlow / Quarterly
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'11
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss

-6,978

6,296

2,143

1,991

-2,424

353

2,023

-380

644

4,548

-4,264

485

-1,165

-6,642

-68

413

155

-1,473

-125

-176

-761

1,047

-291

274

102

857

900

273

3

-113

-976

551

603

152

-143

-293

-893

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation

6,240

5,146

4,848

5,081

5,271

4,327

4,033

3,811

3,633

3,857

3,833

3,927

3,979

4,387

4,221

3,744

3,585

1,759

1,722

1,663

1,586

1,407

1,538

1,249

1,151

1,074

1,063

1,062

990

1,087

944

856

749

601

521

475

488

Loss on disposal of assets

-17

-

-47

-248

-156

-

-172

-113

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of business

-

-

-

-

-

-

-

-

-

0

-1,058

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangibles

2,500

2,425

2,400

2,500

2,600

1,628

1,500

1,400

1,400

1,794

1,751

1,725

1,725

1,818

1,818

1,610

2,026

129

93

97

93

95

89

55

56

55

57

55

56

56

56

56

14

-

-

-

-

Amortization of debt issue costs

70

67

73

100

150

150

150

129

113

110

111

109

110

2,965

174

176

182

-

-

-

-

0

41

13

12

13

12

12

12

9

10

10

9

10

9

10

11

Non-cash stock-based compensation

2,186

2,273

3,275

2,313

2,139

1,807

1,191

2,333

1,624

629

2,760

1,922

1,130

-

-

-

-

-

-

-

-

75

320

157

89

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash operating lease expense

2,021

2,411

1,006

1,077

1,141

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation  options, restricted stock and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,634

703

-

887

619

401

-

-

-

-

126

-125

73

189

-58

127

38

46

52

51

37

33

Provision for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,749

2,771

2,663

469

546

701

602

393

230

930

884

831

579

646

741

619

699

896

839

827

631

515

594

Stock-based compensation - warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation - options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

130

254

-

230

153

105

28

78

86

93

Changes in assets and liabilities, net
Accounts receivable, net

5,722

3,082

1,041

7,383

5,795

-2,476

1,929

2,637

-2,299

-2,296

1,635

514

5,741

-2,855

-580

6,195

3,809

285

972

348

1,610

2,782

-1,972

468

1,492

3,757

299

1,025

2,335

2,640

1,384

1,540

3,628

1,356

842

1,478

1,550

Inventories

5,348

1,772

3,899

-936

1,019

-90

-68

-617

41

1,386

833

-513

-283

301

407

212

225

545

-449

821

-21

-353

267

613

-298

233

330

93

-214

-47

380

215

109

107

16

168

24

Prepaid assets

-270

-779

630

133

250

-77

-1,639

208

1,990

-909

561

-601

1,321

-

880

201

401

-

-

-

42

-

-

-

-

-

-

-

-

-

-

-

-

-

54

49

-389

Prepaid lease asset

3,316

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-1

-63

25

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

16

-

-1,516

1,632

265

-

772

819

158

-

109

135

-6

-

-

-

-

3,760

-141

130

-1

118

-59

158

-192

612

332

-47

35

-35

37

-91

-7

-

-

-17

19

Accounts payable, accrued and other liabilities

1,191

-11,471

8,916

-10,880

4,434

3,977

385

2,260

6,782

-7,014

5,325

-2,105

-692

-4,766

-205

1,296

2,180

5,901

43

1,037

-1,078

636

-664

2,731

-237

844

673

770

-1,419

794

170

179

300

1,311

-316

1,338

-666

Net cash (used in) provided by operating activities

-6,933

3,359

18,634

-4,721

6,097

15,453

8,381

6,640

14,312

5,759

7,436

6,528

-1,686

-241

9,623

5,036

7,059

2,121

2,375

2,684

-787

986

3,166

4,273

1,025

-505

2,199

1,863

-1,330

1

-509

1,081

-1,065

1,239

-116

490

-1,544

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment

4,708

6,076

7,316

3,441

3,196

3,219

2,148

4,277

4,666

3,523

2,303

4,857

3,007

2,208

1,903

2,424

1,001

533

502

338

842

1,053

753

1,083

883

525

878

369

239

352

1,226

760

277

559

213

54

71

Purchases of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

24

-24

1,037

-

-

-

-

Business acquisition

37,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-41,708

-6,076

-7,316

-3,042

-3,196

-128,596

-2,148

-4,277

-4,666

-3,523

-2,303

-4,857

-3,007

-1,173

-1,903

-2,424

-1,001

-73,473

-502

-338

-842

-1,054

-6,582

-1,083

-883

-525

-878

-369

-239

-352

-1,250

-736

-1,314

-559

-213

-54

-71

CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of equipment financing obligations

1,598

-

-

-

1,797

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment to revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

10,044

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances on revolving credit facility

-

-

-

-

-

-

-

-

-

0

-2,501

-9

5,006

-

-

-

-

-

-

-

-

0

-1,990

-2,875

583

1,545

-458

-996

-4,268

423

1,642

-293

2,788

-574

653

-33

410

Repayment of revolving credit facility

-

-

-

-

-

-

-

-

-

0

-1,878

946

932

-

-

-

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of equipment and other loans

-

-

-

-

-

1,789

1,760

1,620

1,394

1,298

1,372

1,491

1,263

1,419

1,263

1,239

1,372

1,203

1,079

912

921

949

1,017

843

772

738

674

624

570

550

533

549

555

433

393

376

377

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

0

0

200

-

-

-

-

Repayment of term loan

1,250

2,500

0

94,782

1,968

1,313

-4,088

937

6,338

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, net

3,465

1,070

2,071

3,813

4,248

2,488

947

5,105

483

565

845

671

505

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equity offering, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

134

9,167

-

122

307

74

306

86

72

3,018

Issuance of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

312

1,105

1,053

1,298

336

220

270

109

516

1,336

166

598

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt issue costs

-

-

-

-

-

-

-

-

-

-

-

0

112

-

-

-

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

617

-3,158

137

162,004

483

4,547

102,785

-8,124

-7,249

-1,670

-3,854

-1,775

3,204

-14,996

-571

-82

-10,222

60,806

-859

-642

-812

-609

32,759

-3,552

409

935

-1,028

-1,486

4,329

181

1,231

-535

2,507

-701

346

-337

3,051

Effects of foreign exchange rate changes on cash and cash equivalents

-

-

-

-

-

-33

-13

23

-45

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and restricted cash

-48,024

-5,875

11,455

154,241

3,384

-108,629

109,005

-5,738

2,352

610

1,279

-104

-1,489

-16,410

7,149

2,530

-4,164

-10,546

1,014

1,704

-2,441

-

-

-

551

-95

293

8

2,760

-170

-528

-190

128

-21

17

99

1,436

Supplemental disclosure of cash flow information:
Interest paid

1,136

480

1,117

1,482

1,696

1,789

2,019

1,307

1,396

1,276

1,306

1,316

1,257

1,430

1,302

1,275

1,416

239

255

205

212

211

272

244

254

230

220

221

274

299

280

279

250

216

175

170

174

Income taxes paid, net

2

3

81

227

8

45

-125

42

7

12

170

97

5

62

6

15

207

5

0

15

5

7

0

11

159

-2

2

0

17

-

-

-

-

0

0

0

0

Supplemental disclosure of non-cash investing and financing information:
Deemed dividends on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,840

1,840

1,840

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of preferred stock beneficial conversion feature

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,727

3,726

3,727

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of customer list through issuance of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,945

-

-

-

-

NON-CASH INVESTING AND FINANCING ACTIVITIES
Equipment acquired under financing obligations

0

618

963

699

2,003

0

3,836

378

3,355

2,488

683

659

1,898

1,150

2,322

2,412

173

436

977

875

2,525

1,060

1,503

1,628

1,693

1,561

414

1,021

381

-63

705

966

1,174

1,695

732

382

141

Property and equipment included in accounts payable

1,844

224

-160

-205

1,175

89

-705

616

660

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-