PRECIPIO, INC. PRPO Cash Flow

Precipio, inc. (PRPO)

CashFlow / Quarterly

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 LOSS
-	-	-	-	-	-	-	-	-	-	-	-	-1,762	-	-	-	-3,264	-19,339	-7,299	-3,275	-3,041	-5,793	-80	-3,893	-4,176	-3,982	-5,551	-2,868	-3,586	-2,313	-2,755	-563	-2,696	263	-1,269	-5,998	-2,778
Less income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	73	-	-	-	-1,173	-16,700	-5,248	-421	-723	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-3,205	-3,781	-1,897	-5,913	-1,652	-6,575	-3,849	-2,831	-2,439	-9,975	-6,280	-2,604	-1,835	-7,018	-499	1,339	-2,091	-2,639	-2,051	-2,854	-2,318	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation and amortization
281	280	278	283	277	293	292	328	352	348	347	0	48	163	44	-28	83	146	187	115	41	-924	512	488	493	646	671	687	744	708	525	532	513	595	514	498	494
Amortization of operating lease right-of-use asset
56	55	53	62	61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of finance lease right-of-use asset
17	17	16	15	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization (accretion) of deferred financing costs, debt discounts and debt premiums
664	119	42	50	-100	-91	60	9	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement of liability, net
-	186	0	1,084	167	50	66	6	141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on settlement of equity instrument
-	-	-	-	-	-	-	-	-385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of convertible notes
-1,225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
168	213	148	151	156	187	122	138	82	16	10	47	-24	43	2	-103	110	122	167	208	114	-58	360	306	331	294	6	-2	164	175	85	198	273	276	-31	756	9
Impairment of goodwill
-	-	-	-	-	-	1,275	0	294	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on doubtful accounts
268	242	261	259	204	187	170	140	84	142	57	110	1	-237	80	208	21	67	0	0	0	-2,678	1,158	850	673	343	3,008	616	1,581	819	679	496	474	306	205	779	448
Loss on settlement of lease termination
-	-	-	-	-	-	-	-	-	-	-	-	-358	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized PIK interest on convertible bridge notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-800	600	4,239	2,027
Provision for losses on inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	55	-	19	0	0	-	35	52	1	1	-1	41	7
Warrant revaluation
-936	-435	-563	822	-240	-1,301	-33	-323	-261	223	0	-30	33	-788	0	321	-321	175	-385	270	145	-255	50	-200	-50	-	-	-	-	-	-	-	-	-	-	-	-
Derivative revaluation
-	0	0	-438	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant revaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-200	-400	-	0	-1,000	0	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-14	0	0	0	0	0	0	0	-9	-23	0	0	0	-	-	-	-
Gain on foreign currency settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	62	-	0	0	0	-	-	-	-
Deferred interest
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	17	9	0	1	60	94	91	145	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	81	-40	-41	-	-40	-41	-509	0	0	0	0	33	-22	-6	-5	151	-5	-7	-6
Changes in operating assets and liabilities:
Accounts receivable
577	123	71	341	315	219	76	340	-94	366	-7	81	55	-281	-26	413	-73	25	143	-355	54	-5,341	2,045	1,937	1,542	1,218	-686	751	1,474	760	152	2,449	-448	794	649	419	350
Inventories
11	2	-7	40	-48	22	4	12	-2	61	-8	2	-9	-38	-6	24	-6	113	0	0	0	-	-	-61	149	-319	-13	-364	-212	757	371	117	128	576	46	208	-210
Other assets
-75	-125	-125	-91	-86	-114	250	-45	-218	129	-31	-44	45	-459	28	40	-41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-29	-358	601	-669	317	258	-263	-390	201	-90	157	-168	301	-128	204	-512	484	101	-316
Accounts payable
250	-260	-308	-891	-425	-217	553	17	-44	16	194	-1,677	1,967	3,027	-33	-1,139	1,230	-203	-529	-151	518	1,252	-120	870	-203	946	142	433	-720	537	24	-80	-1,057	891	333	584	-780
Operating lease liabilities
-51	-53	-53	-59	-58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
187	39	-152	-115	254	-323	905	-560	228	64	-1,578	1,071	-587	-1,182	133	719	-481	1,695	318	233	-473	1,282	-97	136	-70	-	562	-722	355	-	-	-	-	-	-	-	-
Net cash used in operating activities, continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-130	-	-	-	-1,312	-1,152	-2,488	-1,425	-2,513	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities, discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	80	-	-	-	-612	-1,790	-936	-1,074	-1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	168	-715	604	-292	463	-407	-195	471
Other long term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	344	-244	-97	133	244	53	-29
Net cash used in operating activities
-1,589	-2,140	-2,114	-3,008	-1,879	-1,953	-1,190	-2,466	-1,145	-2,209	-3,584	-847	-50	-2,908	-252	1,534	-1,924	-2,942	-3,424	-2,499	-3,513	-2,493	-3,952	-3,391	-3,866	-2,141	-645	-2,353	-3,334	-2,427	-2,580	-2,437	-2,760	1,119	-986	36	51
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment
24	6	19	27	3	31	22	39	5	-	-	-	0	-	-	-	19	-76	86	184	10	9	11	65	45	95	155	268	87	241	282	161	198	84	-69	130	86
Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	849	-	3,394	0	0	-	-	-	-
Change in other assets
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	7	210	-37	56	-10	-11	-6	14	48	74	81	30	127	100	224	54	67	21	117	138	1
Net cash used in continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-134	-49	-240	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	1,910	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-24	-6	-19	-27	-3	-31	-22	-39	-5	-143	0	101	0	1,006	0	26	-26	166	1,861	-240	0	152	3,645	-79	-93	-169	-236	-298	-1,063	3,500	1,096	-9,209	-265	-105	-48	-268	-87
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on finance lease obligations
23	2	16	14	14	14	13	19	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	12	11	22	1	-26	10	18	1	0	1	15	19	31	31	25	57	84	88	72	104	84	101	91	52	226	9	90	66
Issuance of preferred stock
-	-	-	-	-	-	-	-	-	2,404	4,980	400	0	1,781	0	-1,779	1,779	0	0	0	0	2,360	0	-64	6,970	0	0	0	0	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	3	178	60	0	0	0	0	-	-	-	-
Issuance of common stock, net of issuance costs
1,350	1,457	2,761	684	1,726	1,390	0	0	618	-	-	-	-	-	-	-	-	0	2,768	-180	6,389	0	0	0	0	0	0	0	7,570	0	0	0	17,483	1	16	0	7
Proceeds from exercise of warrants
-	-	-	-	-	0	179	867	225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from convertible notes
-	0	0	1,900	250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	0	45	0	-45	500	0	0	0	923	750	2,000	3,040	1,400	0	-1,440	1,567	6,433	0	0	0	0	-	-	-	-
Principal payments on convertible notes
-	0	0	0	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
145	144	98	122	109	80	146	80	116	0	471	345	0	434	42	-476	550	0	726	148	0	0	1,959	41	4,242	0	0	0	6,171	1,234	0	1,235	82	248	164	247	248
Net cash flows provided by financing activities
1,182	1,311	2,647	3,902	1,803	2,146	1,360	2,290	1,015	2,392	2,998	1,713	-1	1,735	123	-1,376	1,728	0	2,041	-343	7,293	3,079	10	2,910	4,071	-84	-1,531	1,317	7,668	-1,318	-101	-1,326	17,349	2,527	-157	-337	-307
NET CHANGE IN CASH
-431	-835	514	867	-79	162	148	-215	-135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	433	0	12	-10	-9	-14	8	5	4	40	-7	-39	-5	35	-22	21	-18	-25	38	59
NET CHANGE IN CASH
-	-	-	-	-	-	-	-	-	40	-586	967	-51	-167	-129	184	-222	-2,343	478	-3,070	3,770	729	-311	-552	117	-2,390	-2,372	-1,341	3,232	-250	-1,550	-12,994	14,345	3,523	-1,216	-531	-284
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid during the period for interest
8	9	9	10	8	5	11	20	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	-	0	-48	30	18	0	128	143	155	67	48	34	-10	157	109	155	198	262	211	21	237	495	237	15	242	238
Income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121	0	0	2	2	93	0	13
SUPPLEMENTAL DISCLOSURE OF CONSULTING SERVICES OR ANY OTHER NON-CASH COMMON STOCK RELATED ACTIVITY
Purchases of equipment financed through accounts payable
-	-	-	-	-	7	-3	27	7	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment financed through finance lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	163	0	12	368	-2	243	147
Dividends accrued on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	230	182	181	182	181	165	165	165	165	-	-	-	-
Deferred debt issuance cost financed through accounts payable
-	-	-	-	-	0	0	26	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-172	197	-	0	0	0	-	-	-	-
Other current liabilities canceled in exchange for common shares
-	-	-	-	-	0	0	0	1,897	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial valuation of warrant issued in conjunction with Private Placement
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	1,827	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of interest on convertible debt into common stock
325	-	-	-	2,933	-	-	-	-	-	-	-	499	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,000	0	0	0	0
Conversion of interest on convertible debt into common stock
28	-	-	-	193	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares converted, value
-	-	-	-	-	-	-	-	-	-	-	-	0	-234	0	234	199	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities exchanged for convertible notes
-	0	0	0	2,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability canceled due to settlement of equity instruments
-	-	-	-	-	0	0	0	456	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of beneficial conversion feature in conjunction with convertible note extinguishment
523	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for lease obligations
0	0	0	-50	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of debt discounts (net of debt premiums) in conjunction with convertible note conversions
63	141	63	212	315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of derivative liability in conjunction with convertible note conversions
-	0	0	438	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-