PSYCHEMEDICS CORP PMD Cash Flow

Psychemedics corp (PMD)

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)
756	1,542	2,953	3,551	3,960	4,584	6,053	6,142	5,872	6,121	6,131	7,475	8,201	6,678	4,502	2,591	1,210	1,511	2,002	2,122	2,727	3,206	3,397	3,533	3,739	3,805	3,209	3,036	2,974	2,979	3,145	3,366	3,458	3,489	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
2,760	2,914	2,980	3,036	3,074	3,063	3,020	2,954	2,873	2,807	2,757	2,603	2,451	2,294	2,254	2,095	1,917	1,731	1,398	1,285	1,173	1,048	980	923	883	872	810	725	656	586	530	478	422	370	0	0	0
ROU asset amortization
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
412	405	274	241	298	288	1,651	1,642	1,433	1,450	-234	-227	-174	-168	-313	-299	-106	-105	-1,350	-1,345	-1,395	-1,399	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest income
-	-33	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of fixed assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
764	759	667	635	617	594	572	543	554	582	609	640	659	671	667	679	688	674	675	663	617	609	600	592	584	538	507	476	450	458	450	443	436	418	0	0	0
Changes in assets and liabilities:
Accounts receivable
-1,573	-1,049	-2,901	-805	-918	355	2,705	115	2,309	-1,316	-858	-197	-1,032	2,298	818	943	329	-539	-304	-1,107	-329	-291	463	432	-53	-251	-49	830	72	129	-854	-696	303	585	0	0	0
Other current assets
382	418	147	235	7	-145	8	-423	26	133	84	646	20	-822	-455	-391	-697	-609	684	220	468	1,186	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses, other current assets, and income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	257	120	-177	428	0	0	0
Accounts payable
382	-494	-652	-673	-113	77	-333	308	-354	-990	-441	-991	-785	144	433	316	505	-98	-47	-589	-359	335	106	601	23	-159	-689	-161	154	-292	972	326	136	262	0	0	0
Operating lease liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and accrued income taxes
-2,121	-671	-1,145	-860	-1,170	144	1,088	703	973	893	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-227	-1,246	-979	-1,178	-575	-126	116	-737	-465	-406	-456	-180	-520	19	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	392	395	398	406	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16	0	0	0
Net cash provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,286	-	4,550	6,118	5,187	4,456	4,054	4,002	5,084	5,951	0	0	0	-	-	-	-	-	-	-	-
Net cash (used) / provided by operating activities
3,528	4,309	7,283	6,019	6,891	7,929	6,036	9,316	6,150	9,146	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale of fixed assets
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,018	0	0	0
Purchases of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Increase in other long-term assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchases of equipment and leasehold improvements
2,057	1,677	1,312	1,075	1,068	1,191	1,561	1,135	1,188	1,197	1,242	1,646	1,964	2,012	1,841	1,761	1,824	1,752	1,662	2,475	6,167	7,564	7,689	7,001	2,903	1,531	1,868	2,240	2,298	2,214	1,626	1,104	1,198	1,358	0	0	0
Cost of internally developed software
14	56	0	0	0	-	-	-	-	49	455	401	262	82	-128	-95	9	46	233	217	163	244	7	93	193	226	5	241	171	121	0	0	0	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Other assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from equipment financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,707	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments of equipment financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,510	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
1,856	2,077	-1,578	-1,356	-5,253	-5,359	-1,439	-1,042	-1,098	-1,246	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Write-off capitalized patent costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1,871	-	-1,716	-2,547	-6,185	-7,808	-7,671	-7,139	-3,187	-1,757	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-
Proceeds from equipment financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Payments of equipment financing
480	415	1,344	1,478	1,614	1,749	888	784	2,035	2,082	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid
3,972	3,970	3,969	3,970	3,964	3,797	3,631	3,461	3,294	3,289	3,283	3,278	3,273	3,267	3,260	3,254	3,247	3,241	3,234	3,227	3,220	3,212	3,203	3,193	3,186	3,178	3,172	3,166	3,162	3,156	2,993	2,831	2,670	2,510	0	0	0
Payments of equipment financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-3,069	-3,002	-5,346	-5,482	-5,671	-5,639	-2,532	-2,224	-3,414	-3,456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-3,156	-	-3,724	-3,815	1,534	2,993	3,385	2,756	-2,201	-3,289	0	0	0	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
0	-	0	0	0	-	0	0	-223	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash and cash equivalents
0	-	0	0	0	-	0	0	1,415	-	1,492	681	4,865	1,249	2,390	176	-741	-923	-890	-245	536	-359	-231	-380	-303	904	-820	-2,032	-2,213	-2,498	161	2,143	2,006	1,843	0	0	0
Supplemental Disclosures of Cash Flow Information:
Cash paid for income taxes
2,635	2,898	3,412	3,332	3,805	3,743	3,209	2,843	3,165	2,824	2,797	3,705	1,841	1,814	958	37	39	40	708	759	1,170	1,168	0	0	0	-	-	-	-	1,715	-5,339	-2,883	-2,768	-2,401	0	0	0
Cash paid for interest
65	59	72	90	97	108	100	85	76	70	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for operating leases
0	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets acquired through operating leases
-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	128	-	129	136	110	77	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of equipment through accounts payable and accrued liabilities
2,264	1,882	172	260	186	207	49	409	39	25	438	93	112	472	407	463	653	338	-36	-189	-877	150	1,182	1,767	2,245	1,161	0	0	0	-	-	-	-	-	-	-	-