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

3,452

8,006

2,063

1,943

-428

2,640

6,835

548

1,413

-396

-11,586

-7,390

-7,462

-6,142

-973

-1,030

-1,619

-2,535

-15

-181

269

1,132

942

2,133

2,132

2,033

1,063

-813

-535

65

330

1,163

319

-1,177

0

0

0

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

21,315

20,346

19,527

18,712

17,442

15,804

15,334

15,134

15,250

15,596

16,126

16,514

16,331

15,937

13,309

10,810

8,729

6,730

6,378

6,194

5,780

5,345

5,012

4,537

4,350

4,189

4,202

4,083

3,877

3,636

3,150

2,727

2,346

2,085

0

0

0

Loss on disposal of assets

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of business

-

-

-

-

-

-

-

-

-

-1,058

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangibles

9,825

9,925

9,128

8,228

7,128

5,928

6,094

6,345

6,670

6,995

7,019

7,086

6,971

7,272

5,583

3,858

2,345

412

378

374

332

295

255

223

223

223

224

223

224

182

0

0

0

-

-

-

-

Amortization of debt issue costs

310

390

473

550

579

542

502

463

443

440

3,295

3,358

3,425

3,497

0

0

0

-

-

-

-

66

79

50

49

49

45

43

41

38

39

38

38

40

0

0

0

Non-cash stock-based compensation

10,047

10,000

9,534

7,450

7,470

6,955

5,777

7,346

6,935

6,441

0

0

0

-

-

-

-

-

-

-

-

641

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash operating lease expense

6,515

5,635

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation  options, restricted stock and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

-

-

-

-

263

79

331

296

153

263

187

186

173

0

0

0

Provision for bad debts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,652

6,449

4,379

2,318

2,242

1,926

2,155

2,437

2,875

3,224

2,940

2,797

2,585

2,705

2,955

3,053

3,261

3,193

2,812

2,567

0

0

0

Stock-based compensation - warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation - options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

516

364

297

285

0

0

0

Changes in assets and liabilities, net
Accounts receivable, net

17,228

17,301

11,743

12,631

7,885

-209

-29

-323

-2,446

5,594

5,035

2,820

8,501

6,569

9,709

11,261

5,414

3,215

5,712

2,768

2,888

2,770

3,745

6,016

6,573

7,416

6,299

7,384

7,899

9,192

7,908

7,366

7,304

5,226

0

0

0

Inventories

10,083

5,754

3,892

-75

244

-734

742

1,643

1,747

1,423

338

-88

637

1,145

1,389

533

1,142

896

-2

714

506

229

815

878

358

442

162

212

334

657

811

447

400

315

0

0

0

Prepaid assets

-286

234

936

-1,333

-1,258

482

-350

1,850

1,041

372

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Prepaid lease asset

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-41

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other current assets

0

-

0

0

0

-

0

0

610

-

0

0

0

-

-

-

-

3,748

106

188

216

25

519

910

705

932

285

-10

-54

-96

0

0

0

-

-

0

0

Accounts payable, accrued and other liabilities

-12,244

-9,001

6,447

-2,084

11,056

13,404

2,413

7,353

2,988

-4,486

-2,238

-7,768

-4,367

-1,495

9,172

9,420

9,161

5,903

638

-69

1,625

2,466

2,674

4,011

2,050

868

818

315

-276

1,443

1,960

1,474

2,633

1,667

0

0

0

Net cash (used in) provided by operating activities

10,339

23,369

35,463

25,210

36,571

44,786

35,092

34,147

34,035

18,037

12,037

14,224

12,732

21,477

23,839

16,591

14,239

6,393

5,258

6,049

7,638

9,450

7,959

6,992

4,582

2,227

2,733

25

-757

-492

746

1,139

548

69

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment

21,541

20,029

17,172

12,004

12,840

14,310

14,614

14,769

15,349

13,690

12,375

11,975

9,542

7,536

5,861

4,460

2,374

2,215

2,735

2,986

3,731

3,772

3,244

3,369

2,655

2,011

1,838

2,186

2,577

2,615

2,822

1,809

1,103

897

0

0

0

Purchases of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,037

0

0

0

-

-

-

-

Business acquisition

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-58,142

-19,630

-142,150

-136,982

-138,217

-139,687

-14,614

-14,769

-15,349

-13,690

-11,340

-10,940

-8,507

-6,501

-78,801

-77,400

-75,314

-75,155

-2,736

-8,816

-9,561

-9,602

-9,073

-3,369

-2,655

-2,011

-1,838

-2,210

-2,577

-3,652

-3,859

-2,822

-2,140

-897

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of equipment financing obligations

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment to revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advances on revolving credit facility

-

-

-

-

-

-

-

-

-

2,496

0

0

0

-

-

-

-

-

-

-

-

-4,282

-2,737

-1,205

674

-4,177

-5,299

-3,199

-2,496

4,560

3,563

2,574

2,834

456

0

0

0

Repayment of revolving credit facility

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayment of equipment and other loans

-

-

-

-

-

6,563

6,072

5,684

5,555

5,424

5,545

5,436

5,184

5,293

5,077

4,893

4,566

4,115

3,861

3,799

3,730

3,581

3,370

3,027

2,808

2,606

2,418

2,277

2,202

2,187

2,070

1,930

1,757

1,579

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

0

0

0

-

-

-

-

Repayment of term loan

98,532

99,250

98,063

93,975

130

4,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, net

10,419

11,202

12,620

11,496

12,788

9,023

7,100

6,998

2,564

2,586

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from equity offering, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

809

773

538

3,482

0

0

0

Issuance of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

3,768

3,792

2,907

2,124

935

1,115

2,231

2,127

2,616

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Payments of debt issue costs

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

159,600

159,466

167,171

269,819

99,691

91,959

85,742

-20,897

-14,548

-4,095

-17,421

-14,138

-12,445

-25,871

49,931

49,643

49,083

58,493

-2,922

30,696

27,786

29,007

30,551

-3,236

-1,170

2,750

1,996

4,255

5,206

3,384

2,502

1,617

1,815

2,359

0

0

0

Effects of foreign exchange rate changes on cash and cash equivalents

-

-

-

-

-

-68

9

22

-1

44

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and restricted cash

111,797

163,205

60,451

158,001

-1,978

-3,010

106,229

-1,497

4,137

296

-16,724

-10,854

-8,220

-10,895

-5,031

-11,166

-11,992

-10,269

0

0

0

-

-

-

757

2,966

2,891

2,070

1,872

-760

-611

-66

223

1,531

0

0

0

Supplemental disclosure of cash flow information:
Interest paid

4,215

4,775

6,084

6,986

6,811

6,511

5,998

5,285

5,294

5,155

5,309

5,305

5,264

5,423

4,232

3,185

2,115

911

883

900

939

981

1,000

948

925

945

1,014

1,074

1,132

1,108

1,025

920

811

735

0

0

0

Income taxes paid, net

313

319

361

155

-30

-31

-64

231

286

284

334

170

88

290

233

227

227

25

27

27

23

177

168

170

159

17

0

0

0

-

-

-

-

0

0

0

0

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of preferred stock beneficial conversion feature

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of customer list through issuance of restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,945

0

0

0

-

-

-

-

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

2,280

4,283

3,665

6,538

6,217

7,569

10,057

6,904

7,185

5,728

4,390

6,029

7,782

6,057

5,343

3,998

2,461

4,813

5,437

5,963

6,716

5,884

6,385

5,296

4,689

3,377

1,753

2,044

1,989

2,782

4,540

4,567

3,983

2,950

0

0

0

Property and equipment included in accounts payable

1,703

1,034

899

354

1,175

660

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-