Pulmatrix, Inc. PULM Cash Flow

Pulmatrix, inc. (PULM)

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
Cash flows from operating activities:
Net loss
-	-	-	-	-	-4,338	-4,816	-6,188	-5,221	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-4,686	-	-	-	-5,156	-	-	-	-	-	-	-	-3,483	-9,830	-3,156	-9,188	-5,669	-4,536	-4,932	-14,896	-1,803	-1,712	-1,710	-1,715	-989	-658	-994	-477
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
51	43	44	45	50	56	57	58	60	60	59	63	64	67	66	59	58	53	57	60	62	-	-	-	-	-	-	-
Amortization of operating lease right-of-use asset
153	-	-	-	141	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	1	0	0	1
Stock-based compensation
343	331	185	1,091	459	615	660	933	765	741	740	715	622	1,120	476	1,169	1,233	1,236	1,527	2,711	34	312	312	155	0	0	0	0
Impairment of goodwill
-	0	0	6,474	794	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash rent expense
-	-	-	-	-	-	-	-	-	5	5	6	5	11	10	11	11	-38	-3	-4	24	-	-	-	-	-	-	-
Non-cash interest expense
-	-	-	-	-	-20	0	24	31	36	41	46	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest expense
-	-	-	-	-	-20	0	24	31	36	41	46	48	53	56	52	51	80	22	327	184	-	-	-	-	-	-	-
Non-cash debt issuance expense
-	-	-	-	-	0	0	1	2	3	2	3	4	3	5	4	4	-	-	-	11	-	-	-	-	-	-	-
Fair value adjustment on preferred stock warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-582	-727	-	-	-	-	-	-	-
Fair value adjustment on derivative liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2,692	-401	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-7,200	-	-	-	-	-	-	-	153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
1,068	-183	-154	-122	519	-197	295	273	-350	-189	131	341	-164	-445	12	-1	-549	306	819	-9	-9	-	-	-	-	-	-	-
Accounts payable
672	-559	616	-1,068	428	-184	-140	315	735	-549	442	329	-512	343	-128	-660	99	97	640	1	68	-	-	-	-	-	-	-
Accrued expenses
1,034	1,299	40	-948	494	-568	13	28	306	556	-1,017	1,119	96	90	-55	115	-462	364	94	338	389	-	-	-	-	-	-	-
Operating lease liability
-164	-	-	-	-147	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-2,737	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
798	-4,433	-3,928	15,047	-3,456	-4,165	-4,521	-4,950	-3,125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities:
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	-50	-	0	1	2	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-33	-90	-88	374	-249	45	104	99
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	1	30	296	-653	483	70	246
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-2,992	-2,503	-2,798	-3,866	-4,076	-2,978	-3,412	-3,930	-2,152	-1,309	-1,280	-1,638	-1,392	-220	-1,028	-329
Purchases of property and equipment
96	9	14	25	10	-	-	-	-	-	-	-	-	18	265	99	73	146	70	31	19	0	102	1	-	-	0	0
Net cash used in investing activities
-96	-9	-14	-25	-10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities:
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-146	-70	9,640	-19	0	-102	-1	0	0	0	0
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	2,979	-	-	-	-	-	-	-	9,702	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock and warrants, net
-	-	-	-	-	3,011	-86	14,525	1,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock options
21	-	-	-	-	-	-	-	-	0	0	4	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of warrants
239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of pre-funded warrants
-	-	-	-	70	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of convertible promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-43	4,500	-	-	-	-	-	-	-
Principal payments term loan
-	-	-	-	-	0	0	-2,540	-719	-700	-680	-664	-651	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
260	3	4	14,649	3,049	2,933	-8	11,740	1,128	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash, cash equivalents and restricted cash
962	-4,439	-3,938	29,671	-417	-1,243	-4,535	6,788	-1,997	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosures of cash flow information
Payments for issuance of term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	-	-	-	-	-	-	-
Advances from Former Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	537	5	358	553
Repayment of Former Parent advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	5	530	916	0	0	0
Payment of deferred offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	336	271	509
Proceeds from issuance of common stock and warrants less issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	865	16,228	-1,219	1,219	0
Investment from Former Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-12	1,691	-242	242
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	9,351	-	-	-	-	0	1	17,052	4,465	-1	-5	335	16,953	141	1,064	286
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	6,359	-3,131	-3,475	-3,965	-4,149	-3,124	-3,481	22,762	2,294	-	-1,387	-1,304	-	-	36	-43
Supplemental disclosures of non-cash investing and financing information:
Fixed asset purchases in accounts payable
2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use asset obtained in exchange for operating lease obligation
-	-	-	-	1,213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fixed Asset purchases in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	83	-	-	-	-	-	-	-	-	-	-	-