PALATIN TECHNOLOGIES INC PTN Cash Flow

Palatin technologies inc (PTN)

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	Dec'10	Sep'10
CASH FLOWS FROM OPERATING ACTIVITIES:
NET LOSS
37,097	36,752	36,954	35,773	-4,643	344	8,417	24,702	26,209	23,384	10,324	-13,331	-40,003	-49,135	-52,355	-51,712	-50,442	-46,896	-30,870	-17,665	-9,898	-2,261	-8,644	-13,928	-14,326	-16,828	-14,898	-20,862	-21,397	-23,402	-24,351	-17,253	-15,309	-13,094	-11,570	-12,815	0	0	0
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization
65	67	62	58	57	55	55	56	52	46	40	33	32	36	40	43	64	84	100	117	114	110	112	111	113	113	111	111	294	503	722	949	1,009	1,045	1,094	1,138	0	0	0
Non-cash interest expense
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in right-of-use asset
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest and amortization on premium/discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	0	0	0	-	-	-	-	-	-	-	-
Gain on disposition of supplies and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	0	0	0	-	-	-	-	-	-	-	-
Gain on sale of supplies and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Stock-based compensation
2,950	2,902	3,076	3,482	4,014	4,688	4,330	3,518	2,723	1,945	1,775	1,757	1,929	1,895	1,946	1,843	1,710	1,455	1,215	1,167	988	928	870	821	757	704	652	625	651	765	858	892	956	770	656	756	0	0	0
Increase in fair value of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,069	0	0	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Increase in fair value of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Accounts receivable
-120,531	-120,413	-120,538	-60,265	30,233	30,233	20,948	15,116	-34,891	-30,233	-20,843	-15,116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-27	-16	-1,030	-230	-103	10	1,062	784	128	0	0	0
Prepaid expenses and other assets
-180	-37	18	-35	-222	-971	-737	-715	-362	450	-67	-308	-311	-756	-678	-503	-522	182	1,520	1,667	1,483	1,111	-86	-176	-74	-44	-600	-816	-536	-821	85	340	-34	-45	-370	-263	0	0	0
Accounts payable
1,137	-484	-1,107	-1,718	-318	-83	-868	672	-449	-4,002	874	837	-540	2,329	-2,186	-392	-542	962	2,784	845	1,894	1,123	-429	-77	-301	-193	669	43	175	-95	-14	-202	171	78	183	341	0	0	0
Accrued expenses
-982	-21	-440	745	-3,254	-4,426	-7,364	-8,393	-2,419	-1,919	-3,500	2,728	512	1,800	6,637	1,676	4,962	2,808	4,394	4,666	884	644	-364	-311	-76	597	868	-1,475	-908	-90	-23	851	1,260	-94	-1,422	-519	0	0	0
Operating lease liability
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-34,550	-52,748	10,048	20,160	35,050	0	0	0	-	-	-	-	-1,000	-1,000	-1,000	3,932	1,000	1,000	1,000	1,000	0	0	-7	-18	-46	-70	-124	-308	46	0	0	0
Other non-current liabilities
-	-	-	-	-	-	-	-189	-224	-258	-289	-314	-332	-342	-347	-347	-352	-265	-178	-91	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
40,457	39,161	38,592	-21,782	-4,343	-7,767	-5,269	1,703	-21,677	29,054	20,915	12,881	12,068	-41,647	-44,564	-47,363	-43,135	-38,227	-28,481	-13,358	-8,406	-4,593	-4,437	-12,207	-12,760	-14,525	-10,965	-13,649	-14,004	-13,849	-16,240	-15,486	-13,198	-12,772	-10,794	-11,030	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from sale/maturity of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5,249	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,998	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sale of supplies and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	-15	-18	-15	-15	0	0	0	-	-	-	-
Purchases of property and equipment
62	99	99	36	49	12	12	22	142	142	142	133	0	0	0	17	17	17	17	0	0	0	0	6	-4	70	70	59	55	-4	-4	0	0	0	0	-	-	-	-
Net cash used in investing activities
-62	-99	-99	-36	-49	-12	237	227	782	1,232	982	991	450	0	-1,387	-1,404	-1,404	-1,404	-17	0	0	1,499	3,749	5,243	6,004	-1,542	-3,805	-5,303	-5,574	459	475	479	-10	1,949	3,448	3,448	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Payments on capital lease obligations
-	-	-	-	-	-	-	14	21	28	27	27	27	26	26	25	25	25	18	12	8	8	14	19	23	23	22	22	0	0	0	-	-	-	-	-	-	-	-
Payments on capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Payment of withholding taxes related to restricted stock units
154	154	49	115	65	86	86	45	47	27	27	2	58	58	58	190	125	125	125	115	133	133	133	36	77	77	77	87	34	34	34	0	0	7	7	26	0	0	0
Payments on notes payable obligations
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant repurchases
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the exercise of common stock warrants
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of notes payable and warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of common stock, net of costs
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of common stock and warrants, net of costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34,402	34,402	34,402	34,407	0	-15	21,031	21,031	21,095	0	0	0
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	146	146	217	350	209	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
28,739	27,739	25,586	27,329	-1,530	-2,519	-2,057	-4,130	-7,873	-7,443	8,943	18,324	20,219	21,771	7,295	29,471	29,577	28,928	58,235	28,472	28,418	29,106	-109	-18	-63	-100	-105	34,293	34,346	34,342	34,342	-34	-53	20,989	20,995	21,046	0	0	0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
69,134	66,801	64,079	5,510	-5,922	-10,300	-7,089	-2,200	-28,769	22,843	30,840	32,197	32,737	-19,876	-38,655	-19,296	-14,961	-10,703	29,736	15,114	20,011	26,012	-797	-6,983	-6,819	-16,168	-14,875	15,340	14,766	20,952	18,577	-15,042	-13,262	10,166	13,648	13,464	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest
46	101	204	354	523	712	901	1,084	1,253	1,417	1,559	1,676	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	0	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,609	1,402	941	483	254	6	6	6	6	7	8	8	8	8	9	9	11	11	11	10	0	0	0
Issuance of warrants in connection with debt financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	305	305	305	573	267	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash equity financing costs in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash equity financing costs in accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash debt financing costs in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0