Power REIT PW Cash Flow

Power reit (PW)

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
Operating activities
NET INCOME
252,087	262,498	273,693	213,458	197,245	213,813	202,859	207,492	214,647	226,345	102,726	197,184	192,218	73,286	45,313	-36,631	165,215	-125,357	-185,636	-72,300	-67,462	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-701,352	57,975	-	-183,000	-99,000	-111,000	-	18,000	-98,000	47,000	168,223	174,000	126,000	169,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of intangible assets
59,285	59,287	59,285	59,285	59,285	59,286	59,286	59,285	59,285	59,286	59,285	59,285	59,286	59,285	59,285	59,286	59,285	59,285	59,285	59,286	59,285	58,615	59,285	51,075	2,413	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,471	0	0	0	-	-	-	-	-	-	-	-
Change in unrealized loss on interest rate swap
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-250,066	-122,911	183,866	-	-60,485	-213,032	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt costs
8,527	7,170	6,297	6,298	6,297	6,297	6,299	6,295	6,300	6,297	6,297	6,296	6,297	6,295	6,296	-10,558	23,148	-115,683	21,388	376,923	62,502	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	53,800	52,712	35,517	35,517	46,544	50,364	53,540	-	-	53,762	21,770	31,200	57,000	30,000	27,000	27,529	14,000	0	0	-	-	-	-
Amortization of debt costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-136,047	43,506	0	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
75,159	47,127	47,127	47,127	63,954	63,954	68,175	43,229	47,363	47,363	47,363	47,362	53,801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation Expense
26,650	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities
Deferred rent receivable
193,596	-	-	-	106,358	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) in other receivables
-	-	-	-	-	-	-	-	-	-	-4,143	-16,877	21,020	0	-5,934	-120,814	120,606	6,142	0	-158,554	157,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in other assets
-	-	-	-	-	-	-119,436	58,609	15,799	-498	-100	-578	16,975	53,156	-53,156	0	0	-	-	-	-	-55,111	4,470	-27,584	73,114	67,218	24,000	104,000	-37,000	-48,844	0	0	0	-	-	-	-
(Increase) decrease in other receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,402	-6,164	6,110	0	-17,000	6,000	-11,054	0	0	0	-	-	-	-
Increase in deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-40,000	-	0	0	0
Prepaid expenses
23,012	-39,173	2,050	-18,125	53,079	-4,530	-9,199	-9,561	25,907	-32,826	-20,064	-17,975	53,397	-17,327	-68,076	-8,938	70,356	23,382	14,398	-59,199	63,199	-21,745	-4,144	-29,569	61,458	-14,212	-16,000	26,000	6,000	82,923	12,000	-80,000	-18,000	10,289	10,000	11,000	-34,000
Accounts payable
3,094	10,482	2,782	-23,324	40,225	22,936	-18,674	-11,714	11,074	-124,094	115,082	-34,644	-19,895	-8,497	74,733	-113,500	55,999	5,873	-82,966	-105,333	-114,424	-135,615	42,294	273,381	241,230	-148,084	11,000	100,000	103,000	291,847	-53,000	6,000	86,000	9,995	0	0	0
Security deposit
277,494	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest
-2,260	678	-757	-527	-2,927	747	-709	-247	-3,474	1,447	-749	-146	-3,379	1,213	21,607	-20,185	17,478	-10,859	-2,436	33,918	6,747	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
117,409	-40,092	-40,306	-40,306	117,195	-40,306	-46,082	167,953	-91,489	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in prepaid rent
-	-	-	-	-	-	-	-	-350,643	128,872	290,665	-65,992	-348,132	-29,675	409,528	-293,495	-116,033	-	-	267,579	-343,442	225,205	-245,139	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase in deferred revenue
-	-	-	-	-	-	-	-	-	-	137,303	30,582	-108,208	-235,286	255,759	28,304	-109,119	-127,884	257,996	25,765	-162,946	-	-	-41,238	144,309	-2,492	-2,000	-2,000	-2,000	14,140	0	0	0	-	-	-	-
Increase in accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,495	34,684	27,902	5,000	11,000	11,000	329	0	0	0	-	-	-	-
Change in Accounts Receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by operating activities
600,837	186,526	550,214	313,690	321,837	240,728	399,888	72,701	552,643	8,462	200,949	407,341	436,860	94,470	234,431	382,675	172,594	-365,165	152,123	-155,812	143,851	-469,338	4,338	-16,588	373,973	-230,799	-115,000	-27,000	2,000	108,131	-9,000	-172,000	75,000	188,508	185,000	136,000	135,000
Investing activities
Cash paid for land and greenhouse cultivation facilities
1,161,146	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for construction in progress
1,541,850	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-2,702,996	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financing Activities
Principal payment on long-term debt
58,476	27,437	249,243	118,968	13,661	7,077	237,055	103,943	13,372	6,871	234,774	89,438	13,032	6,556	227,840	75,626	13,044	6,241	150,538	29,407	86,516	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payment on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-55,868	-6,098	-11,851	-21,012	12,000	0	-12,000	0	0	0	0	-	-	-	-
Net proceeds from issuance of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108,048	209,110	529,991	2,645,000	0	0	0	0	-	-	-	-	-	-	-	-
Cash dividends paid on preferred stock
70,058	70,058	70,058	70,058	70,058	70,058	70,058	70,058	70,058	69,967	69,968	69,968	69,968	69,966	69,968	69,968	69,968	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends paid on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69,967	69,968	-	-	61,028	0	0	-165,000	0	165,000	164,975	163,000	0	162,000	-161,975	-789,000	464,000	-151,000
Net Proceeds from Financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-16,000	968,000
Net cash used in financing activities
-128,534	15,090,293	-319,301	-189,026	-83,719	-77,135	-307,113	-174,001	-83,430	-76,838	-304,742	-159,406	-83,000	-76,522	-297,808	-145,594	-83,012	520,848	-220,506	-137,366	-156,484	-6,524,959	134,350	6,683,447	2,633,149	-5,032	1,596,000	219,000	-177,000	635,025	-163,000	0	-162,000	-185,593	-164,000	-179,000	817,000
Net increase (decrease) in cash and cash equivalents
-2,230,693	15,269,363	-1,560,652	124,664	238,118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	469,213	-68,376	-103,793	247,935	353,860	17,948	-63,377	237,081	89,582	155,683	-68,383	-293,178	-12,633	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental disclosure of cash flow information:
Interest paid
284,693	174,293	107,961	107,397	115,232	89,715	120,872	117,544	118,895	113,168	-20,746	253,179	121,603	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	132,777	100,759	112,692	140,711	176,584	56,995	130,241	251,000	53,716	5,284	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,466,674	3,007,122	-235,831	-69,000	192,000	-175,000	-184,930	-172,000	-171,000	-88,000	2,914	20,000	-42,000	952,000
Purchase of land and intangibles with debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-