Oxford immunotec global plc (OXFD)
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 operating activities
Net loss

-6,027

-1,620

717

590

-1,496

141,060

-3,484

-6,471

-10,326

8,800

-16,847

-16,766

-8,072

-4,858

-3,996

-6,446

-7,049

-6,390

-4,483

-7,294

-6,311

-6,692

-6,095

-6,234

-3,153

-3,328

-3,181

-954

-1,201

Less: Net loss from discontinued operations, net of tax

-817

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss from continuing operations

-5,210

-

-

-

-1,496

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Net income (loss) from discontinued operations, net of tax

-

-

-

-

-

108,378

2,774

-738

-2,140

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income (loss) from continuing operations

-

-

-

-

-

32,682

-6,258

-5,733

-8,186

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net loss from continuing operations to net cash used in operating activities:
Depreciation and amortization expense

466

402

451

430

470

709

296

316

341

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for inventory

355

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash rent expense

48

69

66

53

59

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash interest

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-740

990

1,003

-

862

624

581

609

597

483

453

503

479

409

351

238

306

262

295

Change in fair value of contingent purchase price consideration

-

-

-

-

-

-

-

-

-

0

-880

-238

-2,357

-1,380

60

57

55

54

52

49

47

-

-

-

-

-

-

-

-

Accretion and amortization of loan fees

-

-

-

-

-

-

-

-

140

140

140

140

149

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Share-based compensation expense

957

939

983

846

845

957

947

843

1,760

1,542

1,369

1,434

1,326

1,074

1,368

1,355

1,104

903

994

713

875

762

734

760

265

63

52

13

12

Loss on change in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

12

10

-

-

-

-

Loss on disposal of property and equipment

-

-

-

-

-

-31

-1

-40

-43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-87

212

1,268

-1,239

-279

-

-

-

-

3,866

207

-2,471

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts receivable, net

94

-2,423

1,991

3,795

900

2,099

305

671

315

-2,670

-822

907

3,573

-7,017

5,562

1,641

1,456

-305

-79

173

627

1,831

276

-3,624

3,828

-2,425

-111

1,666

233

Inventory, net

753

480

102

223

2,021

1,788

-520

-557

304

1,281

-1,288

969

806

704

-1,272

564

1,490

731

1,126

-507

-457

102

1

599

512

1,419

997

351

41

Prepaid expenses and other assets

469

-3,360

1,116

-859

1,717

-477

-588

-203

1,061

32

30

-1,014

1,406

4,240

-300

-749

-128

910

-890

-855

1,733

709

-570

-1,150

1,605

-1,564

2,245

-674

874

Accounts payable

1,814

-685

519

-336

142

-1,393

-851

-5,441

-2,690

1,003

-7,569

542

522

-6,091

-226

299

-1,308

593

719

-429

480

-399

-908

-1,084

2,282

-1,249

1,607

-481

606

Accrued liabilities

-2,568

-4,273

-296

238

-762

274

3,567

1,306

-1,895

-2,164

-199

4,296

-1,424

1,187

2,802

2,131

-3,051

1,820

2,139

1,081

-2,298

1,447

1,654

835

-3,240

1,705

1,844

686

-1,288

Other liabilities, net

-

-

-

-

-

-4,139

109

-237

58

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income

25

-156

-39

3

85

-

-

-

-

-

-

-

-

-134

1

-10

-1,496

8

-950

703

-11

381

-631

-133

955

-609

893

304

-1

Net cash used in operating activities from continuing operations

-5,532

183

882

-2,654

-5,574

-11,205

-868

-7,937

-12,109

-

-

-

-

-

-

-3,446

-13,982

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-5,701

-14,638

-

-

-

-

-3,672

-704

-3,505

-8,668

-6,606

-4,436

-1,260

-8,475

111

-1,491

-1,514

-2,725

Cash flows from investing activities
Purchases of property and equipment

605

929

209

378

142

466

1,495

2,807

582

560

-2,193

1,627

1,301

-1,495

738

882

731

959

884

374

1,208

447

1,098

888

581

267

1,008

282

252

Purchases of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

337

0

0

17

-

-

-

-

Change in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-112

0

0

-200

0

0

0

-57

0

-72

0

-153

Net cash used in investing activities from continuing operations

-605

-929

-209

-378

-142

-466

-1,495

-2,807

-582

-

-

-

-

-

-

-882

-731

-

-885

-418

-1,008

-784

-2,814

-888

-541

-

-

-

-

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-1,614

-1,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-936

-260

-99

Cash flows from financing activities
Proceeds from issuance of ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

-8

53,770

-

-

-

-

-

-

-

-

Proceeds from exercise of share options

1

109

594

1,533

1,799

544

1,883

730

84

66

187

249

59

61

3

1

11

-

-

-

-

-

-

-

-

-

-

-

-

Payments of tax withheld on exercises of options and vesting of restricted share units

155

0

69

10

145

118

0

109

156

9

0

17

186

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of ordinary shares

7,732

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments on capital lease

-

-

-

-

-

3

19

19

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in loans payable

-

-

-

-

-

-

-

-

-

-

-250

217

-21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred ordinary shares

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

9

2,933

Proceeds from exercise of share options and warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

-

4

8

1

5

0

9

8

Payments on loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19

-

30

35

42

26

66

31

42

6,008

20

19

21

Net cash provided by (used in) financing activities from continuing operations

-7,886

-3,558

-2,800

1,523

1,654

-31,682

1,864

602

-91

-

-

-

-

-

-

-19

-8

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flows of continuing operations

-14,023

-4,304

-2,127

-1,509

-4,062

-43,353

-499

-10,142

-12,782

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash flows from discontinued operations
Net operating cash flows provided by discontinued operations

147

-

-

-

-

7,951

5,721

879

178

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net investing cash flows used in discontinued operations

-

-

-

-

-

158,745

-768

-1,223

-536

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net financing cash flows used in discontinued operations

-

-

-

-

-

-38

-3

-4

-3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash flows of discontinued operations

147

-

-

-

-

166,658

4,950

-348

-361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

449

-148

-

-

-

-

-8

-26

-37

53,732

-25

-62

-23

-41

63,300

-20

4,499

2,920

Effect of exchange rate changes on cash, cash equivalents, and restricted cash

-909

1,292

-882

-718

736

-717

-558

-493

57

-48

-57

446

110

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash, cash equivalents, and restricted cash

-14,785

-3,012

-3,009

-2,227

-3,326

122,588

3,893

-10,983

-13,086

22,589

31,030

-6,420

-15,977

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-447

-419

-263

-277

-272

303

-194

-427

-456

316

193

520

1,046

86

-1,049

Net increase (decrease) in cash and cash equivalents, excluding restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26,641

-4,766

-14,984

-4,768

-1,887

-3,657

43,862

-7,842

-7,768

-1,855

-8,864

63,459

-1,401

2,811

-953