Phunware, inc. (PHUN)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Nov'18Sep'18Aug'18Jun'18May'18Mar'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16
Operating activities
Net loss

-3,963

-3,884

-2,426

-3,067

-3,494

-

-161

-

-389

-

-8

-7,164

-363

-46

-66

-183

-11

-88

-0

-0

-1

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

8

13

16

14

16

14

-

16

-

17

-

15

-

-

-

-

-

-

-

-

-

Amortization of acquired intangibles

41

63

62

68

75

79

-

82

-

102

-

109

-

-

-

-

-

-

-

-

-

Amortization of debt discount and deferred financing costs

13

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of digital currencies

0

-

0

0

4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt (recovery) expense

-16

35

-53

117

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrants

-

-

-

-

-

1,275

-

0

-

-1

-

55

-

-

-

-

-

-

-

-

-

Impairment of digital currencies

-

-

-

-

-

0

-

0

-

21

-

313

-

-

-

-

-

-

-

-

-

Stock-based compensation

635

673

684

416

11

165

-

74

-

62

-

149

-

-

-

-

-

-

-

-

-

Interest income earned on Trust Account

-

-

-

-

-

-

-1,400

-

155

-

281

-

204

106

60

220

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-783

-1,526

-362

921

-850

-525

-

-409

-

64

-

-1,569

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

108

-270

-13

65

34

151

-

-48

-

-439

-

321

-

-

-

-

-

-

-

-

-

Decrease (increase) in prepaid expenses

-

-

-

-

-

-

-24

-

10

-

29

-

-14

-3

-23

-23

36

32

0

0

0

Accounts payable

851

1,067

480

483

-1,290

-

2

-

303

-

-66

1,656

413

37

6

26

30

24

-15

15

0

Accrued expenses

643

160

643

417

-87

-

0

-

-31

-

20

-261

-2

-8

-0

4

-8

-7

33

0

0

Deferred revenue

-792

-211

186

788

-182

99

-

949

-

-1,590

-

584

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-1,905

-288

-33

-1,750

-4,116

-

-893

-

-127

-

-84

-3,296

62

-13

-36

-128

-25

-

-

14

-1

Investing activities
Proceeds received from sale of digital currencies

0

-

0

0

88

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for note receivable

-

-

-

-

-

74

-

137

-

124

-

201

-

-

-

-

-

-

-

-

-

Interest withdrawn from Trust Account

-

-

-

-

-

-

-1,406

-

163

-

274

-

221

186

168

127

73

56

0

0

0

Net cash provided by investing activities

0

0

-18

0

88

-

-271

-

17,764

-

34,794

-201

-17

-684

-108

92

-73

-

-

0

0

Financing activities
Proceeds from borrowings, net of issuance costs

2,595

855

0

250

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments) proceeds from factoring agreement

-

-

-

-

-

-

-

-

-

-

-

763

-

-

-

-

-

-

-

-

-

Proceeds from related party bridge loans

560

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments) proceeds from factoring agreement

627

-

-

-

803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments on factoring agreement

627

469

229

-144

803

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from common stock subscriptions, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

25

Proceeds from common stock subscriptions, net of issuance costs

-

-

-

-

-

-

-

-11

-

2,858

-

2,601

-

-

-

-

-

-

-

-

-

Proceeds from warrant exercises

0

0

0

361

5,731

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of options to purchase common stock

15

122

113

17

35

13

-

11

-

103

-

25

-

-

-

-

-

-

-

-

-

Series A convertible preferred stock redemptions and dividend payments

0

-

0

0

6,240

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

38

93

Funds from related parties (including loans)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

142

30

77

Net cash provided by (used in) financing activities

2,543

508

-95

963

-1,277

-

1,146

-

-17,702

-

-38,176

3,389

-

-

-

-

-

-

-

-8

9

Effect of exchange rate on cash and restricted cash

-76

-

-

-

26

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate on cash and restricted cash

-

-

-

-

-

-

-

-

-

-66

-

40

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and restricted cash

562

294

-180

-817

-5,279

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and restricted cash

-

-

-

-

-

-

-19

-

-64

-

-77

-68

44

-93

-144

-36

-99

-183

660

6

8

Supplemental disclosure of cash flow information
Interest paid

98

93

149

148

213

178

-

164

-

185

-

185

-

-

-

-

-

-

-

-

-

Income taxes paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds due from transfer agent for warrant exercises

0

-

-

-

361

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash information
Issuance of common stock for payment of legal and board of director fees

492

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

16

Funds from related party promissory notes contributed for extension

-

-

-

-

-

-

-

-

161

-

62

-

167

-

0

0

0

-

-

-

-

Funds from Phunware promissory note contributed for extension

-

-

-

-

-

-

-

-

161

-

62

-

201

-

0

0

0

-

-

-

-

Interest contributed for extension

-

-

-

-

-

-

-

-

-

-

-

-

34

-

-

-

0

-

-

-

-