Perma fix environmental services inc (PESI)
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)

1,194

896

1,739

258

-702

-2,604

186

581

96

184

-2,122

-1,386

-806

109

-1,691

-8,398

-4,013

-292

907

-305

-2,237

783

1,871

11

-3,969

-31,379

-807

-938

-2,915

-632

-533

-1,069

-945

-120

6,011

2,520

-321

Less: loss on discontinued operations, net of taxes (Note 9)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-223

55

-472

2,371

-266

-

-

-

-

-

-

-

-

-

-

-

-

Loss from discontinued operations (net of taxes of $0)

-114

-117

-157

-115

-152

-172

-132

-206

-157

-156

-145

-160

-131

-108

-191

-264

-167

-

-

-

-

-

-

-

-

-

-

-42

27

-229

61

60

138

-

-

-

-212

Income (loss) from continuing operations, net of taxes

1,308

1,013

1,896

373

-550

-2,432

318

787

253

340

-1,977

-1,226

-675

217

-1,500

-8,134

-3,846

259

1,284

408

-2,014

728

2,343

-2,360

-3,703

-30,035

-568

-980

-2,888

-861

-472

-1,009

-807

-41

4,421

2,552

-533

Adjustments to reconcile income (loss) from continuing operations to cash provided by operating activities :
Depreciation and amortization

346

374

327

318

323

360

364

359

372

409

1,106

1,133

1,155

1,179

1,190

912

884

896

912

943

966

958

973

1,098

1,211

283

1,267

1,289

1,287

1,368

1,349

1,361

1,392

1,313

1,171

1,176

1,156

Interest on finance lease with purchase option

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance/debt discount costs

68

69

72

59

8

-

-

-

-

-

-

9

9

9

13

28

123

55

123

21

22

21

22

22

21

-

-

-

0

0

0

2

10

-

-

-

83

Amortization of fair value of customer contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-255

-621

-422

-511

-1,213

-881

-1,062

-

-

-

-

Amortization of debt issuance costs

-

-

-

-

-

-

-

-

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of fair value of customer contracts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Deferred tax expense

3

-22

19

-11

18

236

-1,380

14

22

-773

35

35

35

33

35

-3,166

36

311

36

35

36

449

30

30

30

1,429

-432

-204

-1,432

1,003

-385

-326

-526

234

482

1,447

-220

(Recovery of) provision for bad debt reserves

-60

239

110

6

31

44

14

-5

13

377

4

98

-17

22

15

-359

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Recovery of bad debt reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-406

-6

13

-34

280

17

3

-9

11

-358

38

5

74

7

1

42

-

-

-

-28

Recovery of bad debt reserves

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

3

-9

11

-358

38

5

74

7

1

42

-

-

-

-28

Loss on disposal of plant, property, and equipment

-31

-

-

-

-

12

9

17

8

11

0

1

0

14

-12

1

-5

57

23

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of common stock for services

48

59

60

62

60

58

66

65

60

64

58

55

48

60

62

61

55

62

80

70

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-35

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation

44

50

45

36

48

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreign exchange loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

-2

1

-10

12

-3

0

0

0

Loss on disposal of plant, property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

0

-18

3

0

-

-

-

-

Issuance of common stock for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

55

52

50

49

53

62

51

51

-

-

-

54

Stock-based compensation

-

-

-

-

-

-

-

-

46

48

55

18

23

29

24

17

28

30

16

13

33

36

15

1

-18

46

25

3

51

56

37

34

64

-

-

-

116

Changes in operating assets and liabilities of continuing operations:
Accounts receivable

-3,012

2,636

3,144

412

-363

-521

2,239

1,308

-3,165

-474

205

1,737

-1,983

-1,210

-49

1,332

-1,143

804

-1,158

1,055

267

-1,247

-694

3,188

-534

-4,552

843

644

-704

-1,868

-2,030

-3,491

1,460

-15,638

2,191

1,279

5,043

Unbilled receivables

2,204

-1,261

3,087

2,842

211

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled receivables

-

-

-

-

-

-

-

-

65

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unbilled receivables

-

-

-

-

-

-

-

-

-

-

709

-288

1,133

-326

-622

643

-1,829

-820

-22

-1,502

170

1,360

2,039

-1,548

755

-1,616

-350

982

-2,464

-390

-4,632

1,724

1,908

848

-2,867

905

-583

Prepaid expenses, inventories and other assets

449

-423

-219

-413

132

-660

-499

-425

-348

347

-256

-429

392

-645

-436

-1,221

-568

666

-256

-455

4

-440

251

-779

-181

-280

-474

-530

-548

482

-1,681

-710

-936

-512

-315

-555

-112

Accounts payable, accrued expenses and unearned revenue

-1,275

1,852

-1,338

-1,283

105

-1,748

-939

193

1,729

-179

-1,795

1,856

-975

1,318

828

495

546

253

1,088

982

1,334

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable, accrued expenses and unearned revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

350

-103

2,035

793

1,124

2,479

32

4,712

2,228

4,659

-

-

-

-2,958

Cash provided by (used in) continuing operations

3,424

-1,019

-2,141

-716

-147

1,530

-1,609

42

2,615

734

1,099

-2,755

2,011

2,398

130

-1,787

322

247

2,770

1,423

-2,696

2,046

2,944

-1,988

-2,341

2,978

-1,065

-1,496

-2,113

2,924

3,035

-531

-7,915

9,873

9,971

4,895

-762

Cash used in discontinued operations

-151

-201

-125

-152

-182

-150

-146

-141

-181

-183

-180

-145

-139

-249

-252

-274

-184

-1,629

-435

-566

-232

-134

-432

-2,388

861

-684

-169

-28

-139

-464

-86

-185

-187

-1,792

-710

30

-61

Cash provided by (used in) operating activities

3,273

-1,220

-2,266

-868

-329

1,380

-1,755

-99

2,434

551

919

-2,900

1,872

2,149

-122

-2,061

138

-1,382

2,335

857

-2,928

1,912

2,512

-4,376

-1,480

2,294

-1,234

-1,524

-2,252

2,460

2,949

-716

-8,102

8,081

9,261

4,925

-823

Cash flows from investing activities:
Purchases of property and equipment

896

722

501

88

224

330

548

306

248

239

84

94

22

332

76

19

9

285

73

144

121

89

42

120

213

571

198

59

116

0

25

181

206

308

306

972

717

Proceeds from sale of plant, property, and equipment

1

1

-31

31

1

13

8

18

8

23

0

7

0

14

28

1

1

100

27

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment to finite risk sinking fund

-

-

-

-

-

-

-

-

-

-

-

-

-35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in restricted cash, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1,500

-40

40

0

0

Payment to finite risk sinking fund

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

16

13

10

7

8

33

-7

-7

-8

-9

-9

-9

-10

-9

-7

-1,892

-12

-13

-13

-1,892

Cash used in investing activities of continuing operations

-895

-721

-532

-57

-223

-317

-540

-288

-240

-216

-84

-52

-57

-349

-79

-47

-24

-

-

-

-

-101

1,262

-85

-220

-579

-207

-576

-125

-

-

-

-

-16,723

-359

-985

-2,609

Cash provided by investing activities of discontinued operations

13

21

56

19

25

13

18

19

17

17

18

17

17

16

17

51

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,315

5,511

-114

-21

Cash used in investing activities

-882

-700

-476

-38

-198

-304

-522

-269

-223

-199

-66

-35

-40

-333

-62

4

-24

-201

-9

-154

-128

-

-

-

-

-

-

-

-

-10

82

-185

-598

-14,408

5,152

-1,099

-2,630

Cash flows from financing activities:
Repayments of revolving credit borrowings

24,204

21,273

14,562

12,655

11,161

13,169

12,858

14,015

14,033

13,987

12,224

10,080

12,675

15,299

14,629

12,741

13,853

15,789

17,998

17,215

14,263

5,745

30,604

16,042

14,253

-

-

-

-

-

-

-

-

-

-

-

-

Borrowing on revolving credit

23,883

21,594

14,562

11,651

11,526

12,525

14,141

14,015

14,033

13,987

12,224

7,837

11,115

13,839

15,006

15,109

14,022

17,831

16,621

17,354

15,808

5,745

29,213

15,400

16,286

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock upon exercise of options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3

4

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Release of proceeds for stock subscription for Perma-Fix Medical S.A. previously held in escrow

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

64

0

971

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from finance leases

-

0

285

0

120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayment of long term debt - related party

-

-

-

-

-

-

-

-

-

-

-

-

-

0

250

375

375

375

375

375

375

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

25

26

0

71

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of common stock upon exercise of option

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments of finance lease liabilities

101

98

73

57

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowing of revolving credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-820

683

988

0

-643

643

0

0

-3,066

-2,324

3,371

Principal repayments of long term debt

418

627

107

306

304

305

304

306

304

305

305

305

304

309

310

312

577

578

578

577

587

611

616

618

618

614

733

730

719

701

697

982

1,152

8,566

639

1,475

649

Proceeds from finite risk financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

565

-

0

0

685

Payment of finite risk financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-189

-188

-63

-

-

-

-

Cash provided by (used in) financing activities of continuing operations

-

-

-

-

-

-

-

-

-

-

-

-2,548

-1,864

-1,794

-53

1,681

-790

-

-

-

-

204

-2,128

-1,260

1,415

-1,465

1,447

-47

269

-826

-1,529

-527

-650

7,749

-3,705

-3,799

3,407

Principal repayment of long-term debt for discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8

-9

-9

-9

-9

-9

-9

-9

-9

-9

-9

-8

-8

-94

-28

-27

Cash (used in) provided by financing activities

-834

-

-

1,043

137

-

-

-275

-304

-

-

-

-

-

-

-

-

-

-

-

586

196

-2,137

-1,269

1,406

-1,474

1,438

-56

260

-835

-1,538

-536

-658

7,741

-3,799

-3,827

3,380

Effect of exchange rate changes on cash

-32

3

1

9

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

-

-4

-5

7

4

3

-4

3

-43

39

-42

0

19

-82

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and finite risk sinking fund (restricted cash)

1,525

-1,980

-2,866

146

-384

100

-1,310

-651

1,903

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash

-

-

-

-

-

-

-

-

-

-

-

-

-29

18

-234

-419

-637

-563

957

-87

-2,552

2,007

1,637

-3

-294

241

-3

-2,156

-2,117

1,615

1,493

-1,437

-9,358

1,414

10,614

-1

-73

Supplemental disclosure:
Interest paid

112

138

100

96

88

75

58

61

54

66

58

92

102

115

105

104

100

499

127

145

132

109

157

197

144

174

187

198

155

205

238

260

219

144

154

246

163

Income taxes paid

30

77

47

25

96

0

0

64

96

41

5

0

12

0

16

20

5

0

66

40

10

11

0

12

18

0

6

79

25

9

0

0

470

1,500

481

43

27

Non-cash investing and financing activities:
Equipment purchase subject to finance lease

82

-

-

-

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-