Novagold resources inc (NG)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13
Operating activities:
Net loss

-6,595

-7,867

-8,056

-5,515

-6,323

-6,294

-88,625

-9,631

-8,215

-10,018

-10,393

-8,462

-10,143

-7,350

-7,381

-9,138

-9,977

-7,168

-6,301

-9,184

-9,299

-7,103

-12,009

-10,681

-10,691

-19,189

-19,962

-9,833

-13,776

Adjustments:
Share-based compensation

1,761

1,551

1,552

1,542

1,531

1,916

1,920

1,942

1,949

2,178

2,141

2,049

3,925

1,817

1,869

1,869

4,708

1,758

1,673

728

5,329

1,746

1,886

1,907

4,658

3,531

1,791

1,440

5,542

Interest expense on promissory note

1,760

-

-

-

1,798

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity loss – Donlin Gold

-1,568

-3,829

-3,141

-2,198

-1,323

-1,538

-2,514

-2,905

-1,841

-3,050

-3,165

-2,772

-2,232

-1,608

-2,192

-2,822

-2,197

-2,390

-2,457

-3,939

-2,622

-2,980

-5,709

-3,616

-3,621

-

-10,106

-6,238

5,483

Accretion of notes receivable

824

824

805

796

795

-

265

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest expense on promissory note

-

-

1,887

1,861

-

-

1,657

1,593

1,494

-

1,361

1,307

1,213

1,152

1,155

1,153

1,091

1,042

1,045

1,026

995

-

-

-

-

-

-

-

-

Write-down of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,161

-

0

Foreign exchange (gain) loss

378

-21

-782

1,209

-386

152

-205

-2

-116

-

-851

-

-

450

4

-797

525

415

1,141

-247

3,462

2,167

173

-1,101

2,449

1,607

29

974

7,838

Accretion of convertible notes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

430

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

9

9

-

9

8

10

8

10

9

10

Deferred income tax expense

173

168

169

167

167

51

-6

24

11

-

-

-

-

-

-

-

-

-16

10

-6

10

-

1

44

-50

-

0

-

0

Net loss from discontinued operations, net of tax (Note 4)

-

-

0

-

-

-70

-80,582

-394

-253

-

-612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other operating adjustments

12

-

-

-

-40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in discontinued operations (note 14)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net change in operating assets and liabilities (Note 13)

974

-

-

-

1,197

-

-

-

-

-

-

-

-

-

-

-

-

-

-521

-18

1,403

-

-1,525

-2,436

1,367

441

-1,210

338

2,019

Write-down of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

426

-

-

0

0

-

-

-

-

-

Gain on deconsolidation of Galore Creek

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Loss on derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-115

-

-12

3,667

-3,276

Other

-

-

186

11

-

-

302

21

32

-

-74

232

-133

-155

-16

221

-217

-29

27

-261

26

2,770

-1,379

-1,095

-1,575

7,192

-1,497

-947

-4,027

Withholding tax on share-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

4,275

-

0

0

-827

1,272

0

0

-636

0

0

-34

-585

Other assets

-

-

-225

396

-

-

-235

-73

11

-

154

-492

27

1,112

-915

-306

-634

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts payable and accrued liabilities

-

-

-29

-203

-

-

-33

222

-194

-

29

-93

-17

515

703

264

-1,806

-

-

-

-

-

-

-

-

-

-

-

-

Accrued payroll and related benefits

-

-

947

601

-

-

656

647

-1,854

-

635

630

-1,537

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-3,497

-843

-373

-1,761

-3,150

-2,438

-1,462

-1,850

-4,642

-640

-1,679

-1,537

-4,221

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-535

-2,148

-7,736

-

-1,755

-2,536

-5,622

-2,447

-1,673

-474

-5,214

-5,195

-2,204

-6,212

-5,880

Investing activities:
Proceeds from term deposits

35,000

53,000

40,000

11,000

115,000

6,000

20,000

21,000

15,000

51,900

5,000

55,000

40,000

10,000

5,000

45,000

40,000

270,000

-40,000

-50,000

-45,000

375,000

-50,000

-60,000

-50,000

-

0

-

-

Purchases of term deposits

35,000

35,000

0

11,000

108,000

0

120,000

17,000

15,000

41,000

0

46,900

45,000

5,000

5,000

45,000

35,000

0

40,000

45,000

40,000

50,000

45,000

55,000

50,000

-

110,000

-

0

Additions to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

22

-

0

-

0

Funding of Donlin Gold

2,600

3,476

3,840

2,909

897

1,105

2,332

3,736

1,734

2,553

3,062

3,113

2,640

777

2,742

3,130

2,063

20,183

-2,757

-3,934

-2,528

28,936

-3,799

-5,569

-3,622

-2,791

-7,037

-5,872

-3,093

Other

-

-

0

-

-

0

0

0

13

0

0

0

28

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Acquisitions, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Proceeds from sale of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided from (used in) investing activities of continuing operations

-

-

36,160

-2,909

-

4,895

-102,332

264

-1,747

-

1,938

-

-

4,223

-2,742

-3,130

2,937

-

-2,757

1,066

2,472

2,045

1,201

-569

-3,644

-2,844

-117,037

-5,872

-3,093

Net cash provided from (used in) investing activities of discontinued operations (Note 4)

-

-

0

-

-

4,644

99,279

-832

-643

-

-477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash provided from (used in) investing activities

-2,600

14,507

36,160

-2,909

6,103

9,539

-3,053

-568

-2,390

7,021

1,461

4,987

-7,668

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing activities:
Withholding tax on share-based compensation

1,652

0

0

0

1,197

-

0

-

-

0

0

0

196

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from share issuance, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

54,359

Proceeds from debt issuance, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Repayment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

15,829

-

-

0

0

-

6,350

0

72,821

0

Proceeds from non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net cash used in financing activities

-1,652

0

0

0

-1,197

-

0

-

-

0

0

0

-196

-

-

-

-

-827

0

-15,829

0

0

0

0

0

-6,350

0

-72,821

54,359

Net cash used in investing activities of discontinued operations

-

-

-

-

-

-

-

-

-

-

-477

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Effect of exchange rate changes on cash and cash equivalents

-101

4

108

-121

17

-53

-6

-36

9

-68

236

-66

50

-107

-11

83

6

2

-197

38

-218

-117

-13

50

-82

-69

-17

-44

-126

Net change in cash and cash equivalents

-7,850

13,668

35,895

-4,791

1,773

7,048

-4,521

-2,454

-7,023

6,313

18

3,384

-12,035

1,819

-3,288

-5,195

-4,793

-3,256

-4,709

-17,261

-3,368

-519

-485

-993

-8,940

-14,458

-119,258

-84,949

45,260

Non-cash transactions:
Notes receivable from the sale of Galore Creek (Note 5)

-

-

0

-

-

-

88,398

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-