Pershing gold corp. (PGLC)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Sep'12Dec'11Dec'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-14,198

-13,094

-15,635

-19,123

-16,463

-14,103

-49,104

-57,384

-24,556

-2,022

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation

961

1,071

1,097

1,125

1,020

969

992

1,082

325

8

Accretion

35

38

38

46

11

0

-

-

-

-

Non-cash consulting

75

0

-

-

-

-

-

-

-

-

Bad debts

-

-

-

-

-

-

13

513

500

0

Bad debts in connection with discontinued operations

-

-

-

-

-

-

27

98

98

70

Amortization of promotional advances

-

-

-

-

-

-

-

-

-

37

Amortization of debt discounts and deferred financing cost

-

-

-

-

-

-

8,100

12,049

5,233

0

Amortization of prepaid expense in connection with the issuance of common stock issued for prepaid services

-

-

-

-

-

-

-

116

280

0

Loss from extinguishment of debts

-

-

-

-

-

-

-4,769

-4,769

0

-

Change in fair value of derivative liability

-

-

-

-

-

-

-1,454

-

-

-

Derivative expense

-

-

-

-

-

-

-

0

5,198

-

Contributed officer services

-

-

-

-

-

-

-

-

-

90

Derivative expense

-

-

-

-

-

-

-

-

-

0

Change in fair value of derivative liability

-

-

-

-

-

-

-

5,447

-6,902

0

Interest expense in connection with the note modification

-

-

-

-

-

-

-3,022

-3,022

0

-

Interest expense in connection with the conversion of notes payable

-

-

-

-

-

-

-

230

230

0

Interest expense in connection with the cancellation of debt and assignment of shares agreement

-

-

-

-

-

-

61

61

0

-

Gain from disposal of discontinued operations

-

-

-

-

-

-

-

1,134

1,133

0

Loss from disposal of assets

-

-

-

-

-

-

-18

-192

-174

0

Non-controlling interest

-

-

-

-

-

-

1

-

-

-

Non-controlling interest

-

-

-

-

-

-

-

171

-1

0

Realized gain - available for sale securities

-

-

-

-

-

1,656

1,490

755

0

-

Realized gain - trading securities

-

-

-

-

-

-

19

19

0

-

Gain from sale of subsidiary

-

-

-

-

-

-

500

-500

0

-

Share of loss of equity method investee

-

-

-

-

-

-

-83

-83

0

-

Common stock issued for services

-

-

-

-

-

-

-

1,651

837

252

Common stock issued in connection with an employment agreement

-

-

-

-

-

-

-

2,776

0

-

Common stock issued and included in settlement expense

-

-

-

-

-

-

4,883

9,644

4,761

0

Stock-based compensation

576

1,260

2,311

2,049

2,504

5,190

18,824

-

-

-

Amortization of debt discount

31

0

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

0

-

-

-

-

-

Deferred rent - long term portion

-

-

-

-

0

-

-

-

-

-

Asset retirement obligations settled

-

-

-

18

0

-

-

-

-

-

Stock-based compensation

-

-

-

-

-

-

-

15,610

2,884

335

Gain from sale of uranium assets pursuant to an option agreement

-

-

-

-

-

-

930

930

0

-

Changes in operating assets and liabilities:
Restricted cash

-

-

-

-

-

2,250

-

-1,320

560

560

Other receivables

0

9

-70

70

-17

-60

-22

-86

-13

0

Prepaid expenses and other current assets

-352

-132

240

104

212

79

110

-

-

-

Deferred financing cost

-

-

-

-

-

-

-

0

-

-

Reclamation bond deposit

-

-

-

-

-

4,620

-95

-95

-1

0

Assets of discontinued operations - long term portion

-

-

-

-

-

-

-

-40

93

87

Accounts payable and accrued expenses

-277

90

1,081

-176

89

5

15

716

526

56

Deposits

-0

-24

1

0

-

-

-

-

-

-

Other non-current assets

25

0

-

-

-

-

-

-

-

-

Deferred rent

6

-6

-4

15

-

-

-

-

-

-

Liabilities of discontinued operation

-

-

-

-

-

-

-21

28

1,257

44

NET CASH USED IN OPERATING ACTIVITIES

-12,462

-10,540

-11,279

-16,255

-

-

-9,943

-9,354

-7,500

-3,330

CASH FLOWS FROM INVESTING ACTIVITIES:
NET CASH USED IN OPERATING ACTIVITIES

-

-

-

-

-13,033

-7,242

-

-

-

-

Prepaid expenses - current portion and other current assets

-

-

-

-

-

-

-

-1,960

1,441

49

Assets of discontinued operations - current portion

-

-

-

-

-

-

-

-141

200

1,005

Prepaid expenses - long-term portion

-

-

-

-

-

-

-37

-41

4

0

Increase in reclamation bond deposits

0

25

0

-

-

-

-

-500

500

500

Purchase of mineral rights

1,170

17

0

6,000

0

-

-

-

-

-

Investment in marketable securities available for sale

-

-

-

-

-

-

-

0

100

0

Advances on note and loan receivable

-

-

-

-

-

-

-

-

-

123

Acquisition of mining rights

-

-

-

-

-

-

2,576

2,576

0

-

Payments received on notes receivable

-

-

-

-

-

-

1,430

930

0

-

Increase in reclamation bond deposits

-

-

-

-

-

-

-

-1,715

-1,715

-

Net proceeds received from the sale of marketable securities

-

-

-

-

-

1,656

1,610

-

-

-

Increase in reclamation bond deposits

-

-

-

-

-

-

-

-

-

0

Cash used in acquisition of Gold Acquisition

-

-

-

-

-

-

-

0

-12,000

0

Cash acquired from acquisition of business

-

-

-

-

-

-

-

0

2,000

0

Cash acquired in connection with the asset purchase agreement entered into with former parent company

-

-

-

-

-

-

-

0

11,164

-

Net proceeds received from the sale of marketable securities

-

-

-

-

-

-

-

875

0

-

Cash acquired in connection with the asset purchase agreement entered into with parent company

-

-

-

-

-

-

-

-

-

0

Proceeds from disposal of assets

-

-

-

-

-

-

74

207

133

0

Purchase of property and equipment

123

34

13

91

180

33

336

366

70

42

NET CASH USED IN INVESTING ACTIVITIES

-

-

-

-

-180

1,623

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-1,293

-76

-13

-6,091

-

-

201

-2,645

-587

-165

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock to founders

-

-

-

-

-

-

-

-

-

1

Proceeds from sale of common stock, net of issuance costs

0

13,193

19,795

10,461

20,817

0

9,432

9,484

3,423

3,690

Proceeds from issuance of convertible notes, net of issuance costs

1,892

0

-

-

-

-

-

-

-

-

Proceeds from sale of preferred stock, net of issuance costs

-

-

-

-

-

10,227

-

4,284

3,284

0

Proceeds from sale of preferred stock, net of issuance costs

-

-

-

-

-

-

1,000

-

-

-

Proceeds from loan payable

-

-

-

-

-

-

-

-

-

160

Proceeds from note payable - related party

-

-

-

-

-

-

-

0

2,250

468

Proceeds from note payable

-

-

-

-

-

-

500

500

2,250

0

Advances received from former parent company in connection with the asset purchase agreement

-

-

-

-

-

-

-

0

2,000

0

Proceeds from convertible promissory note - related party

-

-

-

-

-

-

-

0

100

0

Proceeds from convertible promissory notes

-

-

-

-

-

-

-

1,715

2,365

0

Purchase of treasury stock

-

-

-

-

181

44

-

-

-

-

Collection on subscription receivable

-

-

-

-

-

-

-

0

0

-

Collection on subscription receivable

-

-

-

-

-

-

-

-

-

0

Payments on related party advances

-

-

-

-

-

-

-

-

-

178

Payments on notes payable

-

-

-17

-24

-17

-23

-1,549

-3,408

-4,076

-298

Advances to former parent company

-

-

-

-

-

-

-

-48

-347

0

Distribution to former parent company

-

-

-

-

-

-15

-93

-88

0

-

NET CASH PROVIDED BY FINANCING ACTIVITIES

-

-

-

-

20,618

10,144

-

-

-

-

Proceeds from related party advances

-

-

-

-

-

-

-

-

-

163

NET CASH PROVIDED BY FINANCING ACTIVITIES

1,892

13,193

19,778

10,437

-

-

9,289

12,536

11,249

4,005

EFFECT OF EXCHANGE RATE ON CASH

-

-

-

-

-

-

-

1

0

0

NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

-11,863

2,576

8,484

-11,910

7,404

4,524

-452

538

3,161

509

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid for:
Interest

13

6

5

3

-

-

-

-

-

-

Interest

-

-

-

-

4

4

197

528

332

1

Income taxes

0

0

0

0

0

0

-

0

0

0

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Reduction of accrued bonuses in connection with vested restricted common stock unit grants

73

511

0

-

-

-

-

-

-

-

Reduction of accrued bonuses in connection with vested stock options

256

0

-

-

-

-

-

-

-

-

Reduction of accrued bonuses in connection with expired stock options

22

0

-

-

-

-

-

-

-

-

Net book value of equipment in exchange for consulting fees

75

0

-

-

-

-

-

-

-

-

Reduction of accounts payable in connection with issuance of common stock

0

8

0

-

-

-

-

-

-

360

Reduction of accounts payable in connection with issuance of restricted stock unit grants

0

65

0

-

-

-

-

-

-

-

Increase in asset retirement obligations

216

29

72

-42

-

-

-

-

-

-

Issuance of common stock for payment of notes payable and accrued interest

-

-

-

-

-

-

8,315

9,323

1,007

0

Issuance of common stock in connection with the conversion of a promissory note into a current private placement

-

-

-

-

-

-

-

611

611

0

Issuance of preferred stock in connection with the conversion of a promissory note and accrued interest into a current private placement

-

-

-

-

-

645

-

-

-

-

Issuance of a note payable in connection with the acquisition of business

-

-

-

-

-

-

-

0

8,000

-

Carrying value of assumed assets, liabilities and certain promotion rights agreement contributed from Golden Empire, LLC

-

-

-

-

-

-

-

-

-

-30

Common stock issued for prepaid services

-

-

-

-

-

-

-

0

280

0

Issuance of additional notes payable upon assignment of debt

-

-

-

-

-

-

294

294

0

0

Beneficial conversion feature and debt discount in connection with the issuance of convertible promissory notes

-

-

-

-

-

-

168

1,883

2,465

0

Debt discount in connection with the issuance of the credit facility agreement and notes payable

-

-

-

-

-

-

-

0

1,800

0

Deferred financing cost in connection with the issuance of the credit facility agreement and notes payable

-

-

-

-

-

-

-

0

900

0

Preferred stock deemed dividend

0

1,068

3,599

0

1,696

4,101

2,702

4,901

3,284

0

Increase (Decrease) in property and equipment as a result of recognition of asset retirement obligation

-

-

-

-

787

-

-

-

-

-

Increase in property and equipment as a result of recognition of asset retirement obligation

-

-

-

-

-

0

-

-

-

-

Cancellation of treasury stock

-

-

-

-

225

0

-

-

-

-

Assumption of liabilities of Arttor Gold upon acquisition

-

-

-

-

-

-

-

0

21

-

Purchase of other receivable of Arttor Gold upon acquisition

-

-

-

-

-

-

-

0

0

-

Purchase of reclamation bond deposit of Gold Acquisition upon acquisition

-

-

-

-

-

-

-

0

2,842

-

Purchase of property and equipment of Gold Acquisition upon acquisition

-

-

-

-

-

-

-

0

8,656

-

Purchase of mineral rights of Gold Acquisition upon acquisition

-

-

-

-

-

-

-

0

2

-

Value of Goodwill upon acquisition of Gold Acquisition

-

-

-

-

-

-

-

0

8,499

-

Common stock, warrants and options issued in connection with the asset purchase agreement entered into with former parent company

-

-

-

-

-

-

-

0

14,857

-

Purchase of prepaid expenses and deposits of former parent company

-

-

-

-

-

-

-

0

1,946

-

Purchase of note receivable of former parent company in connection with the asset purchase agreement

-

-

-

-

-

-

-

0

2,000

-

Purchase of property and equipment of former parent company

-

-

-

-

-

-

-

0

39

-

Assumption of liabilities of former parent company

-

-

-

-

-

-

-

0

293

-

Issuance of common stock for payment of Continental's accrued legal fees

-

-

-

-

-

-

170

170

0

-

Issuance of common stock for payment of accrued dividend

-

-

-

-

-

-

3

3

0

-

Reclassification of derivative liability to equity

-

-

-

-

-

-

7,750

7,750

-

-

Issuance of a note receivable upon sale of subsidiary

-

-

-

-

-

-

500

-

-

-

Issuance of a note receivable upon sale of subsidiary

-

-

-

-

-

-

-

500

0

-

Issuance of a note receivable in connection with sale of uranium assets pursuant to an option agreement

-

-

-

-

-

-

930

930

0

-

Common stock and warrants issued for acquisition of mining rights

-

-

-

-

-

-

5,709

5,709

0

-

Distribution to former parent company

-

-

-

-

-

-

517

606

-

-

Distribution to former parent company

-

-

-

-

-

-

-

-

0

-

Cancellation of debt in connection with the assignment of shares

-

-

-

-

-

-

42

42

0

-

Assumption of liabilities of Arttor Gold upon acquisition

-

-

-

-

-

-

-

-

-

0

Purchase of other receivable of Arttor Gold upon acquisition

-

-

-

-

-

-

-

-

-

0

Purchase of reclamation bond deposit of Gold Acquisition upon acquisition

-

-

-

-

-

-

-

-

-

0

Issuance of a note payable for purchase of mining equipment

-

-

-

-

-

-

92

92

0

0

Cancellation of debt in connection with an assignment agreement

-

-

-

-

-

-

33

-

0

-

Purchase of mineral rights of Gold Acquisition upon acquisition

-

-

-

-

-

-

-

-

-

0

Common stock, warrants and options issued in connection with the asset purchase agreement entered into with parent company

-

-

-

-

-

-

-

-

-

0

Purchase of prepaid expenses and deposits of parent company

-

-

-

-

-

-

-

-

-

0

Purchase of note receivable of parent company in connection with the asset purchase agreement

-

-

-

-

-

-

-

-

-

0

Purchase of property and equipment of parent company

-

-

-

-

-

-

-

-

-

0

Assumption of liabilities of parent company

-

-

-

-

-

-

-

-

-

0