Optimizerx corp (OPRX)
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 INCOME (LOSS)

-2,203,931

-1,984,780

-1,570,942

406,617

6,529

-109,914

244,928

280,509

-189,179

-237,059

-622,787

-361,501

-882,682

-352,750

-242,605

-591,932

-351,916

-414,650

87,936

-157,225

-111,201

230,883

-294,543

-199,638

-762,095

122,426

-141,528

-23,750

-224,438

28,416

-106,174

-76,061

-300,734

-93,143

-1,087,504

-560,183

-379,932

Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation, amortization and non-cash lease expense

519,669

536,859

320,055

235,572

190,301

153,084

54,472

54,473

54,473

111,633

70,973

70,972

70,973

81,316

52,640

51,060

50,268

91,946

82,667

79,669

79,668

81,937

66,575

56,922

58,906

49,229

48,225

48,226

48,111

47,017

46,735

47,329

46,023

55,166

30,049

30,050

30,050

Amortization of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

666,667

125,000

125,000

Stock-based compensation

754,512

852,360

469,539

408,087

530,312

1,278,069

347,774

426,755

468,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

110,707

0

Stock issued for board service

100,000

-

-

-

106,034

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in Fair Value of Contingent Consideration

-

-

-

-

-148,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock issued for services

-

-

-

-

-

-

-360,383

-89,945

-28,875

-

-

-

-

-

-

200,619

106,384

-717,020

102,600

281,471

79,591

-1,364,476

464,318

1,067,192

-439,838

215,825

-349,723

38,900

0

-

-

-

-

-

-

-

-

Stock and options issued for services

-

-

-

-

-

-

-

-

-

-

205,159

162,430

129,444

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in:
Stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

58,250

120,054

-

-

-

-

Accounts receivable

1,643,495

-71,719

-266,109

2,521,611

-1,554,953

1,055,124

-345,695

1,665,315

414,508

661,109

282,958

-385,528

-253,074

8,593

215,459

-231,881

-506,685

107,346

821,685

104,878

-286,840

540,904

349,970

98,128

-400,330

362,802

854,996

-279,016

-43,871

19,928

-117,602

-409,589

355,412

-350,125

18,355

198,811

-112,911

Prepaid expenses and other assets

-

-

-

-

-

-

-13,788

23,695

-64,015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

2,099,448

-

-

-

44,201

-

-

-

-

-279,878

-411,847

798,572

67,761

-21,939

-24,513

72,717

-16,068

-16,173

10,420

38,077

10,206

-19,950

6,074

30,164

34

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-54,261

-23,383

35,822

-23,266

11,793

57,314

5,033

-63,201

59,033

-96,280

61,467

Accounts payable

55,105

-230,713

183,679

-173,025

173,810

208,512

-11,482

43,070

-323,419

61,531

-508,199

373,515

161,228

177,817

-3,329

-350

-380,115

37,267

2,741

9,052

-37,241

79,282

-271,363

137,275

66,439

14,286

162,303

-44,536

1,993

46,217

-169,734

1,138

-159,640

88,572

-45,121

50,117

210,735

Revenue share payable

-1,021,811

49,849

296,153

-832,338

776,514

-1,145,532

231,058

-95,664

279,328

573,397

-6,568

77,364

673,730

-312,159

-409,670

-308,217

852,792

-358,639

-805,974

-27,693

339,459

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenue share payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

321,947

-547,150

-1,147,346

377,909

119,612

-

-

-

-

-

-

-

-

Accrued interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-45,000

15,000

15,000

Accrued expenses and other liabilities

-154,473

340,878

-260,977

522,478

-1,034,454

365,952

-14,010

278,884

-404,291

519,388

238,272

138,994

-230,975

245,866

-125,597

159,909

1,107

-38,022

35,154

-21,000

5,392

17,609

7,850

-146,042

134,042

12,000

75,500

-75,500

-6,000

0

700

0

-66,700

72,500

-43,200

15,700

9,300

Deferred revenue

-88,576

-535,890

346,513

123,567

35,199

-202,686

-31,837

-11,761

207,727

-221,932

-307,820

-292,862

943,193

-379,526

98,858

-177,977

618,224

-66,110

-43,101

82,775

133,308

71,817

-197,610

-191,597

211,248

213,000

-29,348

-38,152

31,520

-262,522

34,698

73,923

-127,452

190,305

-12,310

-22,840

-50,270

NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES

-3,738,826

-1,499,937

-969,059

-81,769

889,969

932,761

1,078,653

-431,471

-787,388

5,210

-788,945

-398,860

-297,236

-

-

108,710

-286,087

27,072

241,866

159,480

86,692

272,772

-179,377

-376,472

226,727

829,641

409,434

-112,946

6,499

1,633

-249,966

-247,696

-128,004

82,855

-378,885

-133,918

-91,561

CASH FLOWS USED IN INVESTING ACTIVITIES:
Purchase of equipment

15,937

26,260

13,718

33,891

13,848

11,231

10,538

8,790

3,803

12,933

4,711

8,453

16,146

93,017

65,608

5,302

14,507

1,547

499

0

0

-

-

-

-

-

-

-

-

0

0

806

1,424

13,100

0

0

0

Development costs

-

-

-

-

-

-

-

-

32,763

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Development costs

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Patent rights

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

5,973

1,295

-7,631

4,633

1,475

3,042

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Development and integration costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Web development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

54,649

22,950

19,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Patent rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33,297

112,310

0

68,646

-30,368

0

0

0

0

-

-

-

-

Web development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75,975

85,780

62,280

0

0

-

-

-

-

-

-

-

-

Website site development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-21,490

-32,235

-67,355

-71,565

-45,240

-37,610

NET CASH USED IN INVESTING ACTIVITIES

-15,937

-9,520,629

-13,718

-1,033,891

-13,848

-5,607,051

-10,538

-32,678

-36,566

104,235

-40,529

-89,803

-16,146

-

-

-90,188

-15,802

6,084

-59,781

-24,425

-22,842

-85,893

-110,227

-104,560

-109,272

-198,090

-62,280

-7,910

-30,368

0

5,085

-22,296

-33,659

-85,504

-71,565

-45,240

-37,610

CASH FLOWS PROVIDED BY FINANCING ACTIVITIES:
Proceeds from issuance of common stock, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,204,968

0

0

10,000,000

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

112,152

-

-

-

343,785

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering costs related to issuance of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Redemption of common stock

-

-

-

-

-

-

-

-

-

-

-

-

-

0

449,500

0

357,415

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

1,204,968

-

-

-

-

-

-

-

-

-

-

-

-

Equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

Purchase of common and preferred stock and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-6,000,000

-

0

0

0

-

-

-

-

-

-

-

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

112,152

113,279

206,324

21,518,140

343,785

-

-

-

-

0

0

-390,000

0

-

-

0

-357,415

0

4,346,446

0

0

0

0

0

2,795,032

0

0

0

0

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-3,642,611

-10,907,287

-776,453

20,402,480

1,219,906

-4,608,968

1,519,138

7,705,245

-823,954

109,445

-829,474

-878,663

-313,382

-539,991

7,855

18,522

-659,304

33,156

4,528,531

135,055

63,850

186,879

-289,604

-481,032

2,912,487

631,551

134,260

92,038

-23,869

1,633

-244,881

-269,992

-161,663

-60,149

49,550

-179,158

-129,171

SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

959,166

0

0

0

1,278,094

CASH AND CASH EQUIVALENTS - END OF PERIOD

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-269,992

797,503

-60,149

49,550

-179,158

1,148,923

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

163

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

41,974

0

0

0

Cash paid for income taxes

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Non-cash effect of cumulative adjustments to accumulated deficit

-

-

-

-

3,229

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NON-CASH INVESTING AND FINANCING ACTIVITIES:
Non-cash effect of cumulative adjustments to accumulated deficit

-

0

0

0

3,229

-

-

0

142,027

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities arising from right of use assets

-

-465,250

0

465,250

207,559

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash issuance of shares to WPP, plc

-

-

-

-

-

-

0

0

447,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued for future services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

270,462

0

0

0

-

-

-

-

-

-

-

-

Stock warrants issued for equity issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Cashless exercise of stock warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Common stock issued as deferred stock compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Common stock issued to satisfy dividends related to preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

250,000

0

250,000