Nxt-id, inc. (NXTD)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash Flows from Operating Activities
Net Income (Loss)

-11,789

-7,089

-8,264

-12,752

-13,076

-7,076

-1,544

-194

Loss from discontinued operations

-3,432

-5,761

-

-

-

-

-

-

Loss on sale of Discontinued Operations

-5,988

-

-

-

-

-

-

-

Loss from Discontinued Operations

-

-

284

-

-

-

-

-

Income (Loss) from Continuing Operations

-2,368

-1,328

-8,549

-

-

-

-

-

Adjustments to reconcile net income (loss) to net cash used in operating activities of continuing operations:
Depreciation

74

143

159

260

183

12

0

0

Stock based compensation

607

989

2,489

1,113

1,513

792

311

30

Stock issued in connection with exchange note maturity date extension

-

-

673

0

-

-

-

-

Amortization of debt discount

217

85

1,799

648

1,093

26

18

0

Amortization of intangible assets

761

761

761

318

0

-

-

-

Inducement fees

-

-

-

-

755

-

-

-

Inducement fees

-

-

-

-

-

2,212

0

-

Non - cash charge for bad debt allowance

-

-

-132

0

-

-

-

-

Non-cash charge for modification of warrant terms

-

345

285

-

-

-

-

-

Non-cash charge for modification of convertible exchange notes

-

-

-

0

-

-

-

-

Non-cash charge for modification of warrant terms

-

-

37

0

-

-

-

-

Non-cash charge for modification of convertible exchange notes

-

-

191

-

-

-

-

-

Non-cash charge for modification of warrant terms

-

-

37

0

-

-

-

-

Loss on extinguishment of debt

-2,343

-68

-

-

-

-

-

-

Loss on extinguishment of debt

-

-

-

-272

-635

0

-

-

Amortization of deferred debt issuance costs

656

291

1,149

631

35

0

-

-

Amortization of discount on contingent consideration

-

-

171

91

0

-

-

-

Change in fair value of contingent consideration

85

1,498

1,497

0

-

-

-

-

Non-cash inventory charge

-

-

-

48

999

0

-

-

Deferred taxes

365

-29

-145

-190

0

-

-

-

Change in fair value of derivative liabilities

-

-

-

-

-

-412

73

-

Unrealized (loss) gain on change in fair value of derivative liabilities

-

-

-

-2,299

444

-

-

-

Realized gain on change in fair value of derivative liabilities

-

-

-

-

47

0

-

-

Stock issued related to waiver of installment provisions

-

-

-

-

139

-

-

-

Stock issued related to waiver of installment provisions

-

-

-

-

-

0

-

-

Other

-

-

-

-44

-69

0

-

-

Unrealized loss on change in fair value of derivative liabilities

-

-

-

-

-

-

-

0

Changes in operating assets and liabilities:
Accounts receivable

-208

-135

-81

721

0

-

-

-

Inventory

432

164

-404

1,055

2,407

353

6

0

Prepaid expenses and other current assets

-68

-216

212

362

-400

910

3

0

Accounts payable

787

362

-566

120

1,352

268

244

-

Accounts payable

-

-

-

-

-

-

-

64

Accrued expenses

-233

-488

970

1,842

306

141

65

0

Customer deposits

-

-

-

6,060

-129

138

0

-

Total Adjustments

4,608

1,278

7,177

11,865

4,456

1,915

703

94

Net Cash Provided by Operating Activities of Continuing Operations

2,240

-50

-1,371

-

-

-

-

-

Net Cash Provided by (Used in) Operating Activities of Continuing Operations

-

-

-

-950

-8,620

-5,161

-840

-

Net Cash Used in Operating Activities

-

-

-

-

-

-

-

-99

Cash flows from Investing Activities
Pay down of contingent consideration

181

3,156

1,500

-

-

-

-

-

Net proceeds received from sale of discontinued operations

-2,955

-

-

-

-

-

-

-

Restricted cash

-

-

-

-1,494

1,506

28

0

-

Acquisition, net of cash acquired

-

-

89

17,390

0

-

-

-

Purchase of equipment

23

10

46

39

381

137

-

-

Purchase of equipment

-

-

-

-

-

-

-6

-1

Net Cash Provided by (Used in) Investing Activities of Continuing Operations

-

-

-

-15,934

-1,888

-166

-6

-

Net Cash Used in Investing Activities of Continuing Operations

2,750

-3,166

-1,635

-

-

-

-

-1

Cash Flows from Financing Activities
Proceeds received from issuance of Series A preferred stock, net

-

-

-

-

0

-

-

-

Proceeds received from issuance of Series A preferred stock, net

-

-

-

1,869

-

-

-

-

Proceeds received from issuance of Series B preferred stock, net

-

-

-

4,090

0

-

-

-

Proceeds received from short-term promissory note

-

-

-

400

0

-

-

-

Revolver pay down, net

-

-

-

13,906

0

-

-

-

Proceeds from exercise of common stock warrants

-

425

-

-

-

-

-

-

Pay down of short-term debt

638

212

773

1,726

0

-

-

-

Proceeds received in connection with issuance of common stock and warrants, net

3,214

-

13,291

-

-

-

-

-

Repayment of term debt with Sagard Capital

16,000

-

-

-

-

-

-

-

Fees paid in connection with Revolver facility maturity date extension

-

-

-

0

-

-

-

-

Fees paid in connection with equity offerings

-

-

-

51

0

-

-

-

Proceeds received from issuance of convertible exchange notes, net

-

-

594

-

-

-

-

-

Revolver borrowings, net

-

-12,000

-3,000

-

-

-

-

-

Proceeds received in connection with issuance of common stock and warrants, net

-

-

-

-

-

5,754

588

0

Proceeds received in connection with issuance of common stock and warrants, net

-

-

-

0

5,114

0

51

158

Proceeds received from issuance of convertible exchange notes, net

-

-

-

1,400

0

-

-

-

Pay down of contingent consideration

-

-

-

0

-

-

-

-

Term loan borrowings, net of deferred debt issue costs

14,670

14,906

-

-

-

-

-

-

Term loan repayment

3,191

-

-

-

-

-

-

-

Fees paid in connection with Revolver facility maturity date extension

-

-

450

-

-

-

-

-

Fees paid in connection with equity offerings

-55

-54

-74

-

-

-

-

-

Payment of Series A preferred stock dividends

-

-

-

123

0

-

-

-

Proceeds from convertible notes payable

-

-

-

-

2,962

0

75

75

Proceeds from exercise of common stock warrants

-

-

-

-

650

1,470

300

0

Proceeds received in connection with issuance of warrants

-

-

-

-

-

-1

-

-

Proceeds received in connection with issuance of warrants

-

-

-

-

-

-

0

-

Capital contributions-founders

-

-

-

-

-

-

-

-4

Proceeds from advances made by officer

-

-

-

-

-

-

64

0

Repayments of advances made by officer

-

-

-

-

-

-

64

0

Net Cash (Used in) Provided by Financing Activities of Continuing Operations

-

-

-

19,765

8,726

7,225

1,014

-

Net Cash (Used in) Provided by Financing Activities of Continuing Operations

-2,001

3,063

9,587

-

-

-

-

237

Net (Decrease) Increase in Cash and Restricted Cash from Continuing Operations

2,989

-153

6,580

-

-

-

-

-

Cash Flows from Discontinued Operations:
Cash used by operating activities of discontinued operations

-2,844

-3,894

-4,236

-

-

-

-

-

Cash used in investing activities of discontinued operations

-21

-13

-6

-

-

-

-

-

Net Cash Used by Discontinued Operations

-2,866

-3,908

-4,243

-

-

-

-

-

Net (Decrease) Increase in Cash and Restricted Cash

122

-4,062

2,336

2,880

-1,782

1,897

167

135

Interest

2,013

3,153

3,396

930

-

-

-

-

Interest

-

-

-

-

0

0

0

0

Taxes

11

13

4

8

1

0

0

0

Non-cash financing activities:
Equipment purchases on payment terms

-

-

19

0

18

0

-

-

Fees incurred in connection with revolving credit facility

-

-

-

256

0

-

-

-

Accrued fees incurred in connection with equity offerings

71

77

157

0

222

0

-

-

Issuance of common stock in connection with accelerated installments of notes payable

-

-

-

3,294

350

-

-

-

Issuance of common stock in connection with conversion of interest on convertible notes

-

-

-

291

0

-

-

-

Recognition of liability in connection with warrant exercise

-

-

-

-

-

3,450

-

-

Recognition of liability in connection with warrant issuance

-

-

-

-

-

-

0

-

Reclassification of warrant liability to additional paid-in capital in connection with warrant modification

-

-

-

-

-

4,589

0

-

Issuance of common stock in connection with accelerated installments of note payable

-

-

-

-

-

171

-

-

Reclassification of conversion feature liability in connection with note modification

-

-

-

1,702

0

98

44

-

Issuance of common stock in connection with conversion of Series A preferred stock and related dividends

-

-

338

2,563

0

-

-

-

Common Stock issued in connection with management incentive plans

216

-

6,075

0

-

-

-

-

Issuance of common stock in connection with convertible exchange notes maturity date extension

-

-

673

-

-

-

-

-

Issuance of warrants issued in connection with debt refinancing

-

706

-

-

-

-

-

-

Accrued Series C Preferred Stock dividends

25

25

25

-

-

-

-

-

Exchange of short-term promissory note for Series A preferred stock

-

-

-

400

0

-

-

-

Issuance of common stock in connection with conversion of Series B preferred stock and related dividends and liquidated damages

216

-

6,075

0

-

-

-

-

Accrued Series A Preferred Stock dividends

-

-

-

92

0

-

-

-

Accrued Series B Preferred Stock dividends

-

-

-

490

0

-

-

-

Accrued Series C Preferred Stock dividends

-

-

-

0

-

-

-

-

Non cash consideration paid for LogicMark acquisition

-

-

-

9,900

-

-

-

-

Conversion feature in connection with note payable issuance

-

-

-

-

-

-

-

0

Retirement of common stock by officers

-

-

-

-

-

0

0

0

Common Stock issued in connection with management incentive plans

-

-

-

0

333

0

-

-

Additional convertible notes issued in connection with exchange of April 24, 2015 notes for December 8, 2015 notes

-

-

-

0

500

0

-

-

Issuance of common stock in connection with conversion of dividends on Series A preferred stock

-

-

-

-

0

-

-

-

Non cash consideration paid for LogicMark acquisition

-

-

-

9,900

-

-

-

-

Current assets, including cash acquired

-

-

-

0

0

-

-

-

Property and equipment

-

-

-

0

0

-

-

-

Goodwill

-

-

-

0

-

-

-

-

Goodwill

-

-

-

0

-

-

-

-

Accounts payable and accrued liabilities

-

-

-

0

0

-

-

-

Customer deposits

-

-

-

0

-

-

-

-

Customer deposits

-

-

-

0

-

-

-

-

Deferred taxes

-

-

-

0

-

-

-

-

Net Assets Acquired

-

-

-

0

0

-

-

-

Less: cash paid to acquire Fit Pay

-

-

-

-

0

-

-

-

Less: cash paid to acquire Fit Pay

-

-

-

0

-

-

-

-

Non cash consideration

-

-

-

0

0

-

-

-

Goodwill and other intangible assets

-

-

-

0

0

-

-

-

Note payable issued to seller

-

-

-

0

0

-

-

-

Common stock issued to sellers

-

-

-

-

0

-

-

-

Series C preferred stock issued to sellers

-

-

-

0

-

-

-

-

Common stock and warrants issued to sellers

-

-

-

0

-

-

-

-

Earn-out provision

-

-

-

0

0

-

-

-

Non-cash consideration

-

-

-

0

0

-

-

-

Issuance of warrants in connection with offering (Note 8)

-

-

-

-

-

-

1,531

0