PRECIPIO, INC. PRPO Cash Flow

Precipio, inc. (PRPO)

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 LOSS
-	-	-	-	-	-	-	-	-	-	-	-	-6,114	-	-	-	-33,177	-32,954	-19,408	-12,189	-12,807	-13,942	-12,131	-17,602	-16,577	-15,987	-14,318	-11,522	-9,217	-8,327	-5,751	-4,265	-9,700	-9,782	0	0	0
Less income (loss) from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	1,899	-	-	-	-23,542	-23,092	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-14,796	-13,243	-16,037	-17,989	-14,907	-15,694	-19,094	-21,525	-21,298	-20,694	-17,737	-11,956	-8,013	-8,269	-3,890	-5,442	-9,635	-9,862	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net loss to net cash flows used in operating activities:
Depreciation and amortization
1,122	1,118	1,131	1,145	1,190	1,265	1,320	1,375	1,047	743	558	255	227	262	245	388	531	489	-581	-256	117	569	2,139	2,298	2,497	2,748	2,810	2,664	2,509	2,278	2,165	2,154	2,120	2,101	0	0	0
Amortization of operating lease right-of-use asset
226	231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of finance lease right-of-use asset
65	63	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization (accretion) of deferred financing costs, debt discounts and debt premiums
875	111	-99	-81	-122	-21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement of liability, net
-	1,437	1,301	1,367	289	263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on settlement of equity instrument
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of convertible notes
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
680	668	642	616	603	529	358	246	155	49	76	68	-82	52	131	296	607	611	431	624	722	939	1,291	937	629	462	343	422	622	731	832	716	1,274	1,010	0	0	0
Impairment of goodwill
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on doubtful accounts
1,030	966	911	820	701	581	536	423	393	310	-69	-46	52	72	376	296	88	67	-2,678	-1,520	-670	3	3,024	4,874	4,640	5,548	6,024	3,695	3,575	2,468	1,955	1,481	1,764	1,738	0	0	0
Loss on settlement of lease termination
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized PIK interest on convertible bridge notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,066	0	0	0
Provision for losses on inventory obsolescence
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	89	53	42	48	0	0	0
Warrant revaluation
-1,112	-416	-1,282	-752	-1,897	-1,918	-394	-361	-68	226	-785	-785	-434	-788	175	-210	-261	205	-225	210	-260	-455	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Derivative revaluation
-	-415	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant revaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-14	-14	-14	0	0	0	0	-9	-32	-32	-32	-23	0	0	0	-	-	-	-
Gain on foreign currency settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Deferred interest
-	-	-	-	-	-	-	-	-	-	-	-	30	-	-	-	27	70	155	246	390	330	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-590	-550	-509	0	33	11	5	0	118	135	134	133	0	0	0
Changes in operating assets and liabilities:
Accounts receivable
1,112	850	946	951	950	541	688	605	346	495	-152	-171	161	33	339	508	-260	-133	-5,499	-3,597	-1,305	183	6,742	4,011	2,825	2,757	2,299	3,137	4,835	2,913	2,947	3,444	1,414	2,212	0	0	0
Inventories
46	-13	7	18	-10	36	75	63	53	46	-53	-51	-29	-26	125	131	107	113	0	0	0	-	-	-244	-547	-908	168	552	1,033	1,373	1,192	867	958	620	0	0	0
Other assets
-416	-427	-416	-41	5	-127	116	-165	-164	99	-489	-430	-346	-432	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-455	-109	507	-357	-78	-194	-542	-122	100	200	162	209	-135	48	277	-243	0	0	0
Accounts payable
-1,209	-1,884	-1,841	-980	-72	309	542	183	-1,511	500	3,511	3,284	3,822	3,085	-145	-641	347	-365	1,090	1,499	2,520	1,799	1,493	1,755	1,318	801	392	274	-239	-576	-222	87	751	1,028	0	0	0
Operating lease liabilities
-216	-223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
-41	26	-336	721	276	250	637	-1,846	-215	-1,030	-2,276	-565	-917	-811	2,066	2,251	1,765	1,773	1,360	945	848	1,251	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities, continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-3,773	-	-	-	-6,377	-7,578	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities, discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	2,097	-	-	-	-4,412	-4,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-235	60	368	-431	332	0	0	0
Other long term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	136	36	333	401	0	0	0
Net cash used in operating activities
-8,851	-9,141	-8,954	-8,030	-7,488	-6,754	-7,010	-9,404	-7,785	-6,690	-7,389	-4,057	-1,676	-3,550	-3,584	-6,756	-10,789	-12,378	-11,929	-12,457	-13,349	-13,702	-13,350	-10,043	-9,005	-8,473	-8,759	-10,694	-10,778	-10,204	-6,658	-5,064	-2,591	220	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment
76	55	80	83	95	97	0	0	0	-	-	-	0	-	-	-	213	204	289	214	95	130	216	360	563	605	751	878	771	882	725	374	343	231	0	0	0
Acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Change in other assets
-	-	-	-	-	-	-	-	-	-	-	-	20	-	-	-	236	219	-2	29	-13	45	130	217	233	312	338	481	505	445	366	259	343	277	0	0	0
Net cash used in continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-423	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,210	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-76	-55	-80	-83	-95	-97	-209	-187	-47	-42	1,107	1,107	1,032	1,006	166	2,027	1,761	1,787	1,773	3,557	3,718	3,625	3,304	-577	-796	-1,766	1,903	3,235	-5,676	-4,878	-8,483	-9,627	-686	-508	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments on finance lease obligations
55	46	58	55	60	58	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on capital lease obligations
-	-	-	-	-	-	-	-	-	46	8	7	3	3	29	20	17	35	66	96	106	144	197	254	301	348	348	361	380	328	470	378	377	391	0	0	0
Issuance of preferred stock
-	-	-	-	-	-	-	-	-	7,784	7,161	2,181	2	1,781	0	0	1,779	0	2,360	2,360	2,296	9,266	6,906	6,906	6,970	0	0	0	0	-	-	-	-	-	-	-	-
Payment of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	241	241	238	60	0	0	0	0	-	-	-	-
Issuance of common stock, net of issuance costs
6,252	6,628	6,561	3,800	3,116	2,008	0	0	0	-	-	-	-	-	-	-	-	8,977	8,977	6,209	6,389	0	0	0	0	7,570	7,570	7,570	7,570	17,483	17,484	17,500	17,500	24	0	0	0
Proceeds from exercise of warrants
-	-	-	-	-	1,271	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from convertible notes
-	2,150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	0	500	455	455	500	923	1,673	3,673	6,713	7,190	6,440	3,000	1,527	6,560	6,560	8,000	6,433	0	0	0	0	-	-	-	-
Principal payments on convertible notes
-	50	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments on long-term debt
509	473	409	457	415	422	342	667	932	816	1,250	821	0	550	116	800	1,424	874	874	2,107	2,000	6,242	6,242	4,283	4,242	6,171	7,405	7,405	8,640	2,551	1,565	1,729	741	907	0	0	0
Net cash flows provided by financing activities
9,042	9,663	10,498	9,211	7,599	6,811	7,057	8,695	8,118	7,102	6,445	3,570	481	2,210	475	2,393	3,426	8,991	12,070	10,039	13,292	10,070	6,907	5,366	3,773	7,370	6,136	7,566	4,923	14,604	18,449	18,393	19,382	1,726	0	0	0
NET CHANGE IN CASH
115	467	1,464	1,098	16	-40	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EFFECT OF FOREIGN CURRENCY EXCHANGE RATE CHANGES ON CASH
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	435	-7	-21	-25	-10	3	57	42	-2	-11	-16	-31	29	16	-44	16	54	0	0	0
NET CHANGE IN CASH
-	-	-	-	-	-	-	-	-	370	163	620	-163	-334	-2,510	-1,903	-5,157	-1,165	1,907	1,118	3,636	-17	-3,136	-5,197	-5,986	-2,871	-731	91	-11,562	-449	3,324	3,658	16,121	1,492	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid during the period for interest
36	36	32	34	44	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid during the period for interest
-	-	-	-	-	-	-	-	-	-	-	-	0	0	176	289	426	493	413	304	139	229	290	411	619	724	826	692	731	964	990	984	989	732	0	0	0
Income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123	4	97	97	108	0	0	0
SUPPLEMENTAL DISCLOSURE OF CONSULTING SERVICES OR ANY OTHER NON-CASH COMMON STOCK RELATED ACTIVITY
Purchases of equipment financed through accounts payable
-	-	-	-	-	38	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equipment financed through finance lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	175	543	378	621	756	0	0	0
Dividends accrued on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	775	726	709	693	676	660	0	0	0	-	-	-	-
Deferred debt issuance cost financed through accounts payable
-	-	-	-	-	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-
Other current liabilities canceled in exchange for common shares
-	-	-	-	-	1,897	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Initial valuation of warrant issued in conjunction with Private Placement
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of interest on convertible debt into common stock
0	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	3,000	3,000	3,000	3,000	0	0	0	0
Conversion of interest on convertible debt into common stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares converted, value
-	-	-	-	-	-	-	-	-	-	-	-	0	199	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities exchanged for convertible notes
-	2,150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability canceled due to settlement of equity instruments
-	-	-	-	-	456	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of beneficial conversion feature in conjunction with convertible note extinguishment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets obtained in exchange for lease obligations
-50	750	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of debt discounts (net of debt premiums) in conjunction with convertible note conversions
479	731	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of derivative liability in conjunction with convertible note conversions
-	477	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-