Precipio, inc. (PRPO)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
NET LOSS

-

-

-

-7,616

-32,954

-13,942

-15,987

-8,327

-9,782

-3,134

-1,920

Less income (loss) from discontinued operations, net of tax

-

-

-

653

-23,092

-3,163

-

-

-

-

-

Net loss

-13,243

-15,694

-20,694

-8,269

-9,862

-10,779

-

-

-

-

-

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

1,118

1,265

743

262

489

569

2,748

2,278

2,101

708

852

Amortization of operating lease right-of-use asset

231

-

-

-

-

-

-

-

-

-

-

Amortization of finance lease right-of-use asset

63

-

-

-

-

-

-

-

-

-

-

Amortization (accretion) of deferred financing costs, debt discounts and debt premiums

111

-21

1,898

-

-

-

-

-

-

-

-

Loss (gain) on extinguishment of debt

-20

376

-1,391

-

-

-

-

-

-

-

-

Gain on settlement of liability, net

1,437

263

877

-

-

-

-

-

-

-

-

Loss on settlement of equity instrument

-

-385

-

-

-

-

-

-

-

-

-

Loss on litigation

266

-

-

-

-

-

-

-

-

-

-

Gain on settlement of troubled debt

-

-

1,181

-

-

-

-

-

-

-

-

Loss on settlement of equity instrument

-

-

-624

-

-

-

-

-

-

-

-

Loss on issuance of convertible notes

1,870

1,328

-

-

-

-

-

-

-

-

-

Loss on extinguishment of convertible notes

-

-2,903

-

-

-

-

-

-

-

-

-

Stock-based compensation

668

529

49

52

611

939

462

731

1,010

-14

202

Impairment of intangible assets and goodwill

1,590

4,685

-

-

-

-

-

-

-

-

-

Merger advisory fees

-

-

2,676

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

9,315

-

-

-

-

-

-

-

-

Impairment of patents

-

-

-

304

-

-

-

-

-

-

-

Provision for losses on doubtful accounts

966

581

310

72

67

3

5,548

2,468

1,738

28

-8

Capitalized PIK interest on convertible bridge notes

-

-

-

-

-

-

-

-

6,066

0

0

Provision for losses on inventory obsolescence

-

-

-

0

63

0

217

129

-

-

-

Capitalized interest and other costs

-

-

-

467

0

-

-

-

-

-

-

Provision for losses on inventory obsolescence

-

-

-

-

-

-

-

-

48

100

482

Warrant revaluation

-416

-1,918

226

-788

205

-455

-300

-2,200

-

-

-

Loss on modification of warrants

1,128

-

-

-

-

-

-

-

-

-

-

Derivative revaluation

-415

267

-

-

-

-

-

-

-

-

-

Warrant revaluation

-

-

-

-

-

-

-

-

0

0

-

Loss on sale of fixed assets

-

-

-

-199

-14

0

-9

-23

0

0

-

Deferred interest

-

-

-

47

70

330

0

0

-

-

-

Deferred tax provision

-

-

-

-

-

-

0

0

133

-26

-22

Gain on sale of product line

-

-

-

-

-

-

0

0

-

-

-

Other

-

-

-

-

-

-

-62

0

0

-

-

Changes in operating assets and liabilities:
Accounts receivable

850

541

495

33

-133

183

2,757

2,913

2,212

-44

-1,121

Inventories

-13

36

46

-26

113

0

-908

1,373

620

3

-808

Other assets

-427

-127

99

-432

663

-

-

-

-

-

-

Other current assets

-

-

-

-

-

-357

-122

209

-243

-95

60

Accounts payable

-1,884

309

500

3,085

-365

1,799

801

-576

1,028

364

60

Operating lease liabilities

-223

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other liabilities

26

250

-1,030

-811

1,773

1,251

-

-

-

-

-

Net cash used in operating activities, continuing operations

-

-

-

-4,955

-7,578

-6,169

-

-

-

-

-

Net cash provided by (used in) operating activities, discontinued operations

-

-

-

1,405

-4,800

-7,533

-

-

-

-

-

Accrued expenses and other liabilities

-

-

-

-

-

-

-182

-235

332

92

-401

Other long term liabilities

-

-

-

-

-

-

-

-

401

-24

109

Net cash used in operating activities

-9,141

-6,754

-6,690

-3,550

-12,378

-13,702

-8,473

-10,204

220

-1,718

1,267

CASH FLOWS FROM INVESTING ACTIVITIES:
Cash acquired in business combination

-

-

101

-

-

-

-

-

-

-

-

Acquisitions

-

-

-

-

-

-

849

3,551

0

6,000

-

Acquisitions

-

-

-

-

-

-

-

-

-

-

0

Purchase of property and equipment

55

97

143

19

204

130

605

882

231

192

351

Purchase of short term investments

-

-

-

-

-

-

0

8,994

0

0

-

Proceeds from the sale of short term investments

-

-

-

-

-

-

0

8,994

0

0

-

Proceeds from sale of assets

-

-

-

5

0

-

0

0

-

-

-

Change in other assets

-

-

-

27

219

45

312

445

277

34

26

Net cash used in continuing operations

-

-

-

-41

-423

-175

-

-

-

-

-

Net cash provided by discontinued operations

-

-

-

1,047

2,210

3,800

-

-

-

-

-

Net cash used in investing activities

-55

-97

-42

1,006

1,787

3,625

-1,766

-4,878

-508

-6,226

-377

CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on finance lease obligations

46

58

-

-

-

-

-

-

-

-

-

Principal payments on capital lease obligations

-

-

46

3

35

144

348

328

391

72

0

Issuance of preferred stock

-

-

7,784

1,781

0

9,266

0

0

-

-

-

Payment of deferred financing costs

120

138

25

-

-

-

241

0

0

-

-

Payment of fractional common shares in conjunction with reverse stock split

1

-

-

-

-

-

-

-

-

-

-

Issuance of common stock, net of issuance costs

6,628

2,008

-

475

8,977

0

7,570

17,483

24

42

0

Proceeds from exercise of warrants

1,575

1,271

25

7

0

-

-

-

-

-

-

Proceeds from long-term debt

-

300

-

-

-

-

-

-

-

-

-

Proceeds from long-term debt

-

-

315

-

-

-

-

-

-

-

-

Proceeds from convertible notes

2,150

3,850

1,365

-

-

-

-

-

-

-

-

Issuance of preferred stock and related warrants, net

-

-

-

-

-

-

-

-

-

5,791

0

Stock issuance costs

-

-

-

-

-

-

-

-

-

-

0

Proceeds from long-term debt

-

-

-

500

923

7,190

6,560

0

3,000

0

0

Principal payments on convertible notes

50

-

1,500

-

-

-

-

-

-

-

-

Principal payments on long-term debt

473

422

816

550

874

6,242

6,171

2,551

907

0

0

Net cash flows provided by financing activities

9,663

6,811

7,102

2,210

8,991

10,070

7,370

14,604

1,726

5,761

0

NET CHANGE IN CASH

467

-40

-

-

-

-

-

-

-

-

-

EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH

-

-

-

0

435

-10

-2

29

54

-5

-19

NET CHANGE IN CASH

-

-

370

-334

-1,165

-17

-2,871

-449

1,492

-2,188

871

SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid during the period for interest

36

42

107

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

0

493

229

724

964

732

7

0

Income taxes, net

-

-

-

-

-

-

9

123

108

29

163

SUPPLEMENTAL DISCLOSURE OF CONSULTING SERVICES OR ANY OTHER NON-CASH COMMON STOCK RELATED ACTIVITY
Purchases of equipment financed through accounts payable

1

38

2

-

-

-

-

-

-

-

-

Equipment financed through finance lease obligations

23

106

-

-

-

-

0

175

756

394

0

Dividends accrued on preferred stock

-

-

-

-

-

-

726

660

600

0

-

Acquisition of intangibles

-

-

-

-

-

-

0

849

-

-

-

Deferred debt issuance cost financed through accounts payable

-

57

64

-

-

-

-

-

-

-

-

Discount of 9% on issuance of convertible bridge notes

188

405

-

-

-

-

-

-

-

-

-

Discount of 9% on issuance of convertible bridge notes

188

405

-

-

-

-

-

-

-

-

-

Common stock issued for elimination of derivatives on preferred stock

-

-

-

-

-

-

-

-

300

0

-

Dividends accrued on preferred stock

-

-

-

-

-

-

-

-

-

-

0

Other current liabilities canceled in exchange for common shares

-

1,897

-

-

-

-

-

-

-

-

0

Initial valuation of warrant issued in conjunction with Private Placement

-

-

-

1,827

0

-

-

-

-

-

-

Conversion of interest on convertible debt into common stock

7,553

2,356

-

807

1,012

0

0

3,000

0

0

-

Shares converted, value

-

-

-

199

0

-

-

-

-

-

-

Beneficial conversion feature on issuance of convertible notes

1,792

2,118

1,856

-

-

-

-

-

-

-

-

Initial valuation of derivative liability recorded in conjunction with issuance of convertible notes

-

610

-

-

-

-

-

-

-

-

-

Initial valuation of warrant liability recorded in conjunction with issuance of convertible notes

1,858

2,665

-

-

-

-

-

-

-

-

-

Long-term debt exchanged for convertible notes

-

3,191

-

-

-

-

-

-

-

-

-

Accrued merger cost

-

-

10

-

-

-

-

-

-

-

-

Issuance of common stock for merger advisory fees

-

-

-

89

0

-

-

-

-

-

-

Liabilities exchanged for convertible notes

2,150

-

-

-

-

-

-

-

-

-

-

Goodwill purchase price adjustment

-

-

-

-

-

-

-

-

165

0

0

Prepaid insurance financed with loan

434

375

183

-

-

-

-

-

-

-

-

Accounts payable converted to long-term debt

-

74

-

-

-

-

-

-

-

-

-

Liability recorded related to equity purchase agreement repricing

460

460

-

-

-

-

-

-

-

-

-

Warrant liability canceled due to settlement of equity instruments

-

456

-

-

-

-

-

-

-

-

-

Issuance of common stock for consulting services

-

39

-

-

-

-

-

-

-

-

-

Modification of warrant in conjunction with convertible note issuance

-

11

-

-

-

-

-

-

-

-

-

Proceed from issuance of convertible note recorded through other current assets

-

250

-

-

-

-

-

-

-

-

-

Write-off of beneficial conversion feature in conjunction with convertible note extinguishment

-

1,029

-

-

-

-

-

-

-

-

-

Right-of-use assets obtained in exchange for lease obligations

750

-

-

-

-

-

-

-

-

-

-

Amounts included in measurement of lease liabilities

273

-

-

-

-

-

-

-

-

-

-

Write-off warrant liability in conjunction with warrant exercises

2,364

-

-

-

-

-

-

-

-

-

-

Write-off of debt discounts (net of debt premiums) in conjunction with convertible note conversions

731

210

-

-

-

-

-

-

-

-

-

Write-off of derivative liability in conjunction with convertible note conversions

477

310

-

-

-

-

-

-

-

-

-

Side Warrants [Member]
Merger advisory fees

-

-

487

-

-

-

-

-

-

-

-

Issuance of warrants in conjunction with issuance of side agreement

-

-

487

-

-

-

-

-

-

-

-

Convertible Debt [Member]
Conversion of convertible debt plus interest into common stock

-

-

1,787

-

-

-

-

-

-

-

-

Senior and Junior Notes [Member]
Conversion of debt into stock

-

-

4,771

-

-

-

-

-

-

-

-

Restructuring Liability [Member]
Issuance of warrants in conjunction with issuance of side agreement

-

-

159

-

-

-

-

-

-

-

-

Promissory Notes Waiver [Member]
Issuance of warrants in conjunction with issuance of side agreement

-

-

15

-

-

-

-

-

-

-

-