PERMA FIX ENVIRONMENTAL SERVICES INC PESI Cash Flow

Perma fix environmental services inc (PESI)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net income (loss)
4,087	2,191	-1,309	-2,862	-2,539	-1,741	1,047	-1,261	-3,228	-4,130	-4,205	-3,774	-10,786	-13,993	-14,394	-11,796	-3,703	-1,927	-852	112	428	-1,304	-33,466	-36,144	-37,093	-36,039	-5,292	-5,018	-5,149	-3,179	-2,667	3,877	7,466	8,090	0	0	0
Less: loss on discontinued operations, net of taxes (Note 9)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,731	1,688	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss from discontinued operations (net of taxes of $0)
-503	-541	-596	-571	-662	-667	-651	-664	-618	-592	-544	-590	-694	-730	0	0	0	-	-	-	-	-	-	-	-	-	-	-183	-81	30	0	0	0	-	-	-	0
Income (loss) from continuing operations, net of taxes
4,590	2,732	-713	-2,291	-1,877	-1,074	1,698	-597	-2,610	-3,538	-3,661	-3,184	-10,092	-13,263	-13,221	-10,437	-1,895	-63	406	1,465	-1,303	-2,992	-33,755	-36,666	-35,286	-34,471	-5,297	-5,201	-5,230	-3,149	-2,329	2,564	6,125	6,399	0	0	0
Adjustments to reconcile income (loss) from continuing operations to cash provided by operating activities :
Depreciation and amortization
1,365	1,342	1,328	1,365	1,406	1,455	1,504	2,246	3,020	3,803	4,573	4,657	4,436	4,165	3,882	3,604	3,635	3,717	3,779	3,840	3,995	4,240	3,565	3,859	4,050	4,126	5,211	5,293	5,365	5,470	5,415	5,237	5,052	4,816	0	0	0
Interest on finance lease with purchase option
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance/debt discount costs
268	208	0	0	0	-	-	-	-	-	-	40	59	173	219	329	322	221	187	86	87	86	0	0	0	-	-	-	2	12	0	0	0	-	-	-	0
Amortization of fair value of customer contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,298	-1,809	-2,767	-3,027	-3,667	0	0	0	-	-	-	-
Amortization of debt issuance costs
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of fair value of customer contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred tax expense
-11	4	262	-1,137	-1,112	-1,108	-2,117	-702	-681	-668	138	138	-3,063	-3,062	-2,784	-2,783	418	418	556	550	545	539	1,519	1,057	823	-639	-1,065	-1,018	-1,140	-234	-1,003	-136	1,637	1,943	0	0	0
(Recovery of) provision for bad debt reserves
295	386	191	95	84	66	399	389	492	462	107	118	-339	-314	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery of bad debt reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-433	253	276	266	291	22	-353	-318	-304	-241	124	87	124	0	0	0	-	-	-	0
Recovery of bad debt reserves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	-353	-318	-304	-241	124	87	124	0	0	0	-	-	-	0
Loss on disposal of plant, property, and equipment
0	-	-	-	-	46	45	36	20	12	15	3	3	-2	41	76	75	80	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for services
229	241	240	246	249	249	255	247	237	225	221	225	231	238	240	258	267	282	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-35	-35	-35	-35	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
175	179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign exchange loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-13	1	0	-1	9	-3	0	0	0
Loss on disposal of plant, property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17	-15	0	0	0	-	-	-	-
Issuance of common stock for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	221	206	204	214	215	217	0	0	0	-	-	-	0
Stock-based compensation
-	-	-	-	-	-	-	-	167	144	125	94	93	98	99	91	87	92	98	97	85	34	44	54	56	125	135	147	178	191	0	0	0	-	-	-	0
Changes in operating assets and liabilities of continuing operations:
Accounts receivable
3,180	5,829	2,672	1,767	2,663	-139	-92	-2,126	-1,697	-515	-1,251	-1,505	-1,910	-1,070	944	-165	-442	968	-1,083	-619	1,514	713	-2,592	-1,055	-3,599	-3,769	-1,085	-3,958	-8,093	-5,929	-19,699	-15,478	-10,708	-7,125	0	0	0
Unbilled receivables
6,872	4,879	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unbilled receivables
-	-	-	-	-	-	-	-	-	-	1,228	-103	828	-2,134	-2,628	-2,028	-4,173	-2,174	6	2,067	2,021	2,606	-370	-2,759	-229	-3,448	-2,222	-6,504	-5,762	-1,390	-152	1,613	794	-1,697	0	0	0
Prepaid expenses, inventories and other assets
-606	-923	-1,160	-1,440	-1,452	-1,932	-925	-682	-686	54	-938	-1,118	-1,910	-2,870	-1,559	-1,379	-613	-41	-1,147	-640	-964	-1,149	-989	-1,714	-1,465	-1,832	-1,070	-2,277	-2,457	-2,845	-3,839	-2,473	-2,318	-1,494	0	0	0
Accounts payable, accrued expenses and unearned revenue
-2,044	-664	-4,264	-3,865	-2,389	-765	804	-52	1,611	-1,093	404	3,027	1,666	3,187	2,122	2,382	2,869	3,657	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable, accrued expenses and unearned revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,075	3,849	6,431	4,428	8,347	9,451	11,631	0	0	0	-	-	-	0
Cash provided by (used in) continuing operations
-452	-4,023	-1,474	-942	-184	2,578	1,782	4,490	1,693	1,089	2,753	1,784	2,752	1,063	-1,088	1,552	4,762	1,744	3,543	3,717	306	661	1,593	-2,416	-1,924	-1,696	-1,750	2,350	3,315	-2,487	4,462	11,398	16,824	23,977	0	0	0
Cash used in discontinued operations
-629	-660	-609	-630	-619	-618	-651	-685	-689	-647	-713	-785	-914	-959	-2,339	-2,522	-2,814	-2,862	-1,367	-1,364	-3,186	-2,093	-2,643	-2,380	-20	-1,020	-800	-717	-874	-922	-2,250	-2,874	-2,659	-2,533	0	0	0
Cash provided by (used in) operating activities
-1,081	-4,683	-2,083	-1,572	-803	1,960	1,131	3,805	1,004	442	2,040	999	1,838	104	-3,427	-970	1,948	-1,118	2,176	2,353	-2,880	-1,432	-1,050	-4,796	-1,944	-2,716	-2,550	1,633	2,441	-3,409	2,212	8,524	14,165	21,444	0	0	0
Cash flows from investing activities:
Purchases of property and equipment
2,207	1,535	1,143	1,190	1,408	1,432	1,341	877	665	439	532	524	449	436	389	386	511	623	427	396	372	464	946	1,102	1,041	944	373	200	322	412	720	1,001	1,792	2,303	0	0	0
Proceeds from sale of plant, property, and equipment
2	2	14	53	40	47	57	49	38	30	21	49	43	44	130	129	128	127	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment to finite risk sinking fund
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,500	-1,540	-1,500	-1,500	0	0	0	0
Payment to finite risk sinking fund
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	46	38	58	41	27	11	-31	-33	-35	-37	-37	-35	-1,918	-1,920	-1,924	-1,930	-1,930	0	0	0
Cash used in investing activities of continuing operations
-2,205	-1,533	-1,129	-1,137	-1,368	-1,385	-1,284	-828	-592	-409	-542	-537	-532	-499	0	0	0	-	-	-	-	856	378	-1,091	-1,582	-1,487	0	0	0	-	-	-	-	-20,676	0	0	0
Cash provided by investing activities of discontinued operations
109	121	113	75	75	67	71	71	69	69	68	67	101	84	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,691	0	0	0
Cash used in investing activities
-2,096	-1,412	-1,016	-1,062	-1,293	-1,318	-1,213	-757	-523	-340	-474	-470	-431	-415	-283	-230	-388	-492	0	0	0	-	-	-	-	-	-	-	-	-711	-15,109	-10,039	-10,953	-12,985	0	0	0
Cash flows from financing activities:
Repayments of revolving credit borrowings
72,694	59,651	51,547	49,843	51,203	54,075	54,893	54,259	50,324	48,966	50,278	52,683	55,344	56,522	57,012	60,381	64,855	65,265	55,221	67,827	66,654	66,644	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Borrowing on revolving credit
71,690	59,333	50,264	49,843	52,207	54,714	56,176	54,259	48,081	45,163	45,015	47,797	55,069	57,976	61,968	63,583	65,828	67,614	55,528	68,120	66,166	66,644	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock upon exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Release of proceeds for stock subscription for Perma-Fix Medical S.A. previously held in escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	64	64	1,035	1,035	971	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from finance leases
-	405	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayment of long term debt - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,375	1,500	1,500	1,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	122	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock upon exercise of option
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments of finance lease liabilities
329	272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowing of revolving credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	851	1,028	988	0	0	-2,423	-5,390	-2,019	0	0	0
Principal repayments of long term debt
1,458	1,344	1,022	1,219	1,219	1,219	1,219	1,220	1,219	1,219	1,223	1,228	1,235	1,508	1,777	2,045	2,310	2,320	2,353	2,391	2,432	2,463	2,466	2,583	2,695	2,796	2,883	2,847	3,099	3,532	11,397	11,339	11,832	11,329	0	0	0
Proceeds from finite risk financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Payment of finite risk financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Cash provided by (used in) financing activities of continuing operations
-	-	-	-	-	-	-	-	-	-	-	-6,259	-2,030	-956	0	0	0	-	-	-	-	-1,769	-3,438	137	1,350	204	843	-2,133	-2,613	-3,532	5,043	2,867	-405	3,652	0	0	0
Principal repayment of long-term debt for discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-35	-36	-36	-36	-36	-36	-36	-36	-35	-34	-119	-138	-157	0	0	0
Cash (used in) provided by financing activities
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-2,624	-1,804	-3,474	101	1,314	168	807	-2,169	-2,649	-3,567	5,009	2,748	-543	3,495	0	0	0
Effect of exchange rate changes on cash
-19	19	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	2	9	10	6	-41	-5	-43	-46	16	-105	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and finite risk sinking fund (restricted cash)
-3,175	-5,084	-3,004	-1,448	-2,245	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash
-	-	-	-	-	-	-	-	-	-	-	-	-664	-1,272	-1,853	-662	-330	-2,245	325	1,005	1,089	3,347	1,581	-59	-2,212	-4,035	-2,661	-1,165	-446	-7,687	-7,888	1,233	2,669	11,954	0	0	0
Supplemental disclosure:
Interest paid
446	422	359	317	282	248	239	239	270	318	367	414	426	424	808	830	871	903	513	543	595	607	672	702	703	714	745	796	858	922	861	777	763	707	0	0	0
Income taxes paid
179	245	168	121	160	160	201	206	142	58	17	28	48	41	41	91	111	116	127	61	33	41	30	36	103	110	119	113	34	479	1,970	2,451	2,494	2,051	0	0	0
Non-cash investing and financing activities:
Equipment purchase subject to finance lease
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-