Profire energy, inc. (PFIE)
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'11Dec'10Sep'10Jun'10
OPERATING ACTIVITIES
Net income

-365

-1,554

921

985

1,668

831

1,659

1,714

1,876

1,318

1,217

1,312

600

608

74

-605

-764

478

778

-458

-468

1,917

2,078

2,220

-

-

-

-

548

-326

645

565

332

895

1,185

774

514

620

582

-91

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense

259

734

249

233

249

229

224

222

220

214

216

221

237

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of fixed assets

0

41

34

21

16

-3

44

11

64

0

14

46

2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,206

2,049

1,613

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-252

-252

-259

-253

-250

-225

-356

-536

-65

-182

-112

-78

-86

-81

-18

-335

58

52

66

45

43

43

26

24

21

17

Loss (Gain) on sale of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

0

-

0

18

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Common stock issued for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-136

-417

118

90

-

0

0

0

-

-

-

-

Bad debt expense

133

59

26

51

177

51

-6

77

63

115

26

75

45

481

-57

-151

-38

-17

18

-104

-

-

-

-

-

-

-

-

0

-79

0

9

46

0

0

0

-

-

-

-

Stock options issued for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-303

-143

-12

-341

-137

-187

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

Stock awards issued for services

66

32

-391

682

66

142

55

279

581

192

276

190

181

-

-

-

-

-

-

-

-

-

-

-351

-1,433

180

-117

-63

-17

-235

66

20

20

20

20

20

15

10

10

10

Changes in operating assets and liabilities:
Accounts receivable

-1,314

-721

-639

49

-654

-1,096

733

-1,294

746

566

917

1,357

-249

1,900

-607

770

2,431

115

165

2,402

2,123

2,925

-2,890

-3,071

-514

27

-2,605

-170

-852

-192

22

-472

-5,347

1,063

1,832

401

-402

2,300

-1,046

251

Income taxes receivable/payable

107

224

370

-1,027

-234

503

358

-1,382

591

200

-487

759

568

386

-35

-541

-207

-

-124

-129

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-537

80

120

-1,174

-656

-445

1,788

1,211

863

-712

-1,281

247

399

-5,387

1,007

1,075

16

-975

814

786

-938

-2,899

-1,446

-187

322

-848

-1,613

-1,110

-35

-2,944

1,658

-207

-272

-300

360

-491

90

669

-98

-46

Prepaid expenses

-168

597

550

-203

239

-158

287

-10

-104

-43

-112

239

-33

242

-155

7

28

62

-243

-18

265

-145

-177

-23

14

15

-33

-27

-0

-4

46

-33

-9

0

-0

0

-2

6

1

-6

Deferred tax asset/liability

-114

305

13

81

123

-34

-69

203

-111

127

-4

-84

-49

-318

92

-15

-217

-

40

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in deferred tax asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

325

-158

79

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

-1,837

507

971

383

-499

-1,598

1,231

473

-198

1,008

-127

215

500

-289

-304

535

478

-254

-555

181

2,134

498

-1,901

-428

441

377

-1,001

104

295

-827

-123

-80

-370

659

111

98

281

-440

180

-24

Changes in income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

1,927

-202

-1,246

-297

-320

-257

-612

244

311

-205

26

-99

123

36

294

-718

674

-255

36

Net Cash Provided by Operating Activities

271

311

2,094

2,699

2,608

1,829

599

1,670

1,452

3,367

1,579

800

1,964

538

1,108

736

1,552

638

2,274

2,866

-513

-161

292

1,067

691

1,090

-712

958

-679

80

-686

915

960

379

-74

338

434

-196

-606

154

INVESTING ACTIVITIES
Proceeds from sale of equipment

0

41

35

21

18

-0

59

19

139

0

28

81

30

0

0

16

42

-3

67

52

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of investments

-387

981

-1,366

-461

-647

-1,016

1,244

-852

484

-534

935

-566

500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of fixed assets

525

1,355

1,879

985

443

655

87

949

234

396

33

128

52

11

7

0

0

33

16

12

225

2,221

2,572

1,147

2,005

264

356

33

76

216

107

150

276

210

-18

1,018

17

45

58

88

Net Cash Provided by (Used in) Investing Activities

-138

-2,357

-2,710

-2,591

222

360

-1,272

-77

-579

138

-940

519

-522

446

-11,150

16

42

-37

51

40

-227

-2,962

-2,572

-1,147

-2,005

-264

-322

-33

-62

-216

-107

-150

-276

-210

18

-1,018

-17

-45

-58

-88

FINANCING ACTIVITIES
Value of equity awards surrendered by employees for tax liability

-148

-57

-0

-41

-143

0

-0

-652

-83

-17

-4

-20

0

-30

0

0

-0

0

-15

-23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash received in exercise of stock options

2

0

8

0

0

0

0

99

74

111

0

0

0

-

-

0

-

-

-

0

130

63

55

78

4,214

70

48

0

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

0

493

916

0

1,333

670

0

4,000

0

186

279

2,522

318

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal paid towards lease liability

19

20

21

16

15

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Used in Financing Activities

-165

-571

-928

-57

-1,492

-670

-0

-4,552

-9

-92

-284

-2,542

-318

-3,336

-261

0

-0

0

-15

-23

130

16

16,526

78

0

4,403

48

0

-

0

0

0

-

-

-

-

0

0

0

0

Effect of exchange rate changes on cash

-

-

-

-

-

-

-

61

-113

-115

119

74

20

-7

-64

-3

416

-273

-542

158

-630

-179

-144

113

-44

-16

-201

56

66

-1,026

711

50

262

51

-193

-12

76

126

19

-40

Effect of exchange rate changes on cash

-95

-

-

-

16

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH

-128

-

-

-

1,354

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH

-

-

-

-

-

-

-

-2,897

750

3,297

473

-1,148

1,143

-2,358

-10,368

750

2,011

327

1,768

3,041

-1,240

-3,286

14,101

113

-1,358

5,212

-1,188

982

-675

-1,162

-82

815

946

220

-249

-692

493

-116

-645

25

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
CASH PAID FOR:
Interest

0

2

1

1

1

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

-

0

0

-

-

-

0

-7

10

-10

10

-

4

7

1

4

6

5

3

21

0

8

2

Income taxes

0

0

0

1,081

711

-0

472

1,691

0

427

1,215

67

0

255

0

0

0

402

0

0

-

-

-

-138

-69

1,353

187

114

-218

-172

514

171

86

211

405

0

478

0

505

0

Common stock issued in settlement of accrued bonuses

419

-

782

-142

379

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-