On track innovations ltd (OTIV)
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'13
Cash flows from continuing operating activities
Loss from continuing operations

-658

-1,600

-1,174

-849

-1,552

-863

-226

-399

-400

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from continuing operations

-

-

-

-

-

-

-

-

-

-

-573

86

-782

-1,868

206

-598

-784

-1,159

-2,162

-2,049

-2,122

-2,318

-2,262

-2,308

-3,014

-4,121

2,627

-2,625

-2,809

Adjustments required to reconcile net loss to net cash provided by continuing operating activities:
Stock-based compensation related to options issued to employees and others

12

29

6

44

46

54

65

62

53

16

64

84

90

65

69

78

27

94

37

152

180

233

206

280

156

88

106

56

57

Gain on sale of property and equipment, net

-

0

326

0

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

0

0

5

-12

-90

11

0

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

15

28

25

Accrued interest and linkage differences, net

156

-12

30

6

12

-

-

7

-14

-35

-6

21

26

-37

36

-62

7

3

-72

40

2

-32

-63

15

-7

60

175

-159

90

Depreciation and amortization

307

319

308

323

320

350

298

345

335

294

295

302

281

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

294

309

308

306

301

319

298

304

311

317

331

201

378

275

281

Deferred tax benefits, net

-15

0

-1

-14

-10

-117

-79

-157

-124

-202

16

12

9

-215

28

16

16

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Change in accrued severance pay, net

-8

-43

22

15

29

-38

9

-25

-3

-27

-2

46

28

-31

-1

-5

-146

-70

-19

0

-20

20

-106

-31

25

-174

-2,834

-137

-20

Deferred tax, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-35

18

-19

27

-1

-91

-43

-119

1

3

3

(Increase) decrease in trade receivables, net

697

-70

-322

69

-1,323

259

-326

-165

-886

311

-1,338

1,574

-423

1,848

261

-226

1,341

-135

-1,403

901

-1,383

-220

-1,916

1,868

-192

1,005

125

1,001

-1,366

Decrease in other receivables and prepaid expenses

-142

167

202

-333

-264

-605

504

-216

-33

403

525

-324

234

-365

231

-213

-2

-261

241

-343

-31

-457

170

-25

163

45

13

430

-1,820

Decrease (increase) in inventories

-274

-1,063

-526

948

457

192

37

309

35

-820

663

-296

343

352

344

-244

-346

-637

557

211

-501

-205

585

-209

313

-242

-539

528

264

(Decrease) increase in trade payables

-917

-1,013

-79

162

423

-1,826

304

-450

-117

-33

-215

297

-693

607

734

-285

575

-1,743

719

14

-288

-823

-581

1,132

-316

502

730

1,373

-2,786

Increase (decrease) in other current liabilities

584

315

-45

-354

-186

41

377

-477

-51

180

78

-1,424

569

696

45

-273

-180

131

75

267

-148

-511

246

-1,064

46

1,400

-4,112

-462

-298

Net cash (used in) provided by continuing operating activities

-1,132

-

-673

-1,363

186

-

518

-1,053

591

-

-183

-1,579

-678

-2,283

586

-13

-1,184

-1,321

-345

-2,124

-168

-2,216

-961

-3,232

-3,011

-1,973

-2,586

-3,306

-2,721

Cash flows from continuing investing activities
Purchase of property and equipment and intangible assets

168

722

212

58

163

289

53

92

322

372

62

63

35

126

46

56

83

398

654

352

111

1,233

138

104

98

169

1,020

1,454

141

Proceeds from sale of property, plant and equipment

-

0

1,092

0

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

1

0

5

0

157

11

0

Change in short-term investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,785

901

-

-

-

-

-

757

42

518

103

905

4,617

924

Change in short-term investments, net

-1,508

391

-212

1,196

-6

-300

-22

-9

-1,164

1,144

-417

-849

-1,651

-

-

-

-

-

-

-1,347

-816

-

-

-

-

-

-

-

-

Investment in capitalized certification costs

-

-

-

-

-

-

5

74

13

-

28

69

88

49

41

44

54

47

86

61

6

-

-

-

-

-

-

-

-

Change in short-term investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,032

32

402

2,000

1

29

52

243

Purchase of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Proceeds from restricted deposit for employee benefits

-

0

0

0

10

-

-

-

-

0

0

0

44

0

142

0

0

-

-

-

-

-

-

-

-

0

3,084

0

306

Net cash provided by (used in) continuing investing activities

1,340

-

1,056

-1,374

-137

-

7

-140

829

-

329

729

1,572

-539

1,820

-1,489

764

1,162

1,270

653

699

-8,574

588

-464

-1,575

-67

3,097

3,122

846

Cash flows from continuing financing activities
Increase in short-term bank credit, net

160

-186

-111

2,375

372

-105

-3,369

-113

33

-263

-285

101

112

731

206

-205

286

361

-1,592

701

108

-204

-36

357

-142

1,204

48

-2,271

-54

Proceeds from long-term bank loans

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

27

764

270

446

0

23

17

0

12

390

1,396

1,372

26

Repayment of long-term bank loans

5

9

28

114

119

85

631

204

144

163

95

152

222

213

830

275

263

141

202

175

229

208

375

228

208

93

622

321

280

Proceeds from issuance of shares, net of issuance costs

200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

225

321

408

55

184

Proceeds from exercise of options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

2

-

37

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

Net cash provided by continuing financing activities

355

-

-139

2,261

253

-

-4,000

-283

-111

-

-370

-38

-108

658

-587

-480

50

984

-1,524

972

-121

10,055

260

215

-113

1,822

1,230

-1,165

-124

Cash flows from discontinued operations
Net cash used in discontinued operating activities

-334

53

-93

-73

-1,231

-86

547

45

244

2,397

-15

-3

-68

652

31

-105

-109

-148

-408

0

-25

-307

-61

-390

-874

-1,670

-853

-1,082

2,214

Net cash provided by discontinued investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

140

203

2,010

-61

408

0

387

0

783

230

0

695

9,942

-23

-37

-24

Net cash used in discontinued financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-154

-156

-107

-248

-474

Total net cash used in discontinued operations

-334

53

-93

-73

-1,231

2,664

547

45

244

2,397

-15

-3

-68

792

234

1,905

-170

260

-408

387

-25

476

169

-390

-333

8,116

-983

-1,367

1,716

Effect of exchange rate changes on cash and cash equivalents

-135

280

-330

110

-57

-56

101

-351

63

227

-3

224

239

-319

68

-160

143

-54

-34

3

-167

-278

-282

-75

130

26

87

-21

-91

Increase (decrease) in cash, cash equivalents and restricted cash

94

-853

-179

-439

-986

299

-2,827

-1,782

1,616

251

-242

-667

957

-1,691

2,121

-237

-397

1,031

-1,041

-109

218

-537

-226

-3,946

-4,902

7,924

845

-2,737

-374

Supplementary cash flows activities:
Cash paid during the period for:
Interest paid

23

34

25

15

4

9

30

41

41

36

66

46

28

72

30

65

53

38

71

77

69

83

86

71

76

56

120

27

83

Income taxes paid

31

-37

14

104

69

-

-

-

-

30

1

13

17

27

0

0

0

-

-

-

-

-

-

-

-

24

0

0

170

Supplemental disclosures of non-cash flow information
Payables due to purchase of property and equipment and intangible assets

174

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-