Phunware, inc. (PHUN)
CashFlow / TTM
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

-13,340

-12,871

-9,148

-7,111

-4,053

-

-923

-

-808

-

-485

0

-659

-307

-349

-283

-100

-90

0

0

0

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

51

59

60

60

63

62

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Amortization of acquired intangibles

234

268

284

304

338

372

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Amortization of debt discount and deferred financing costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sale of digital currencies

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt (recovery) expense

83

114

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of warrants

-

-

-

-

-

1,329

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Impairment of digital currencies

-

-

-

-

-

334

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Stock-based compensation

2,408

1,784

1,276

666

312

450

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Interest income earned on Trust Account

-

-

-

-

-

-

-760

-

746

-

651

-

590

386

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-1,750

-1,817

-816

-863

-1,720

-2,439

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Prepaid expenses and other assets

-110

-184

237

202

-302

-15

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Decrease (increase) in prepaid expenses

-

-

-

-

-

-

1

-

22

-

-12

-

-66

-15

20

44

68

32

0

0

0

Accounts payable

2,881

740

-324

-500

-1,049

-

653

-

688

-

390

0

483

100

87

66

55

24

0

0

0

Accrued expenses

1,863

1,133

973

298

-97

-

-12

-

-20

-

10

0

-6

-13

-12

21

17

25

0

0

0

Deferred revenue

-29

581

891

1,654

-724

42

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Net cash used in operating activities

-3,976

-6,187

-6,792

-6,886

-5,221

-

-1,043

-

-163

-

-72

0

-116

-204

0

0

0

-

-

0

0

Investing activities
Proceeds received from sale of digital currencies

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for note receivable

-

-

-

-

-

536

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Interest withdrawn from Trust Account

-

-

-

-

-

-

-746

-

845

-

850

-

703

554

425

256

129

56

0

0

0

Net cash provided by investing activities

-18

70

-201

17,580

52,375

-

52,269

-

51,857

-

33,984

0

-717

-773

0

0

0

-

-

0

0

Financing activities
Proceeds from borrowings, net of issuance costs

3,700

1,105

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments) proceeds from factoring agreement

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

Proceeds from related party bridge loans

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net (repayments) proceeds from factoring agreement

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net repayments on factoring agreement

1,181

1,357

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from common stock subscriptions, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

0

0

0

Proceeds from common stock subscriptions, net of issuance costs

-

-

-

-

-

-

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Proceeds from warrant exercises

361

6,092

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of options to purchase common stock

267

287

178

76

162

152

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Series A convertible preferred stock redemptions and dividend payments

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred offering expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Funds from related parties (including loans)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

Net cash provided by (used in) financing activities

3,919

99

737

-16,869

-56,009

-

-51,343

-

0

-

0

0

-

-

-

-

-

-

-

0

0

Effect of exchange rate on cash and restricted cash

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate on cash and restricted cash

-

-

-

-

-

-

-

-

-

0

-

0

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and restricted cash

-141

-5,982

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net decrease in cash and restricted cash

-

-

-

-

-

-

-117

-

-191

-

-271

0

-229

-373

-463

341

383

490

0

0

0

Supplemental disclosure of cash flow information
Interest paid

488

603

688

703

740

712

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

Income taxes paid

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds due from transfer agent for warrant exercises

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued deferred offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Funds from related party promissory notes contributed for extension

-

-

-

-

-

-

-

-

0

-

0

-

0

-

0

0

0

-

-

-

-

Funds from Phunware promissory note contributed for extension

-

-

-

-

-

-

-

-

0

-

0

-

0

-

0

0

0

-

-

-

-

Interest contributed for extension

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-