Quest resource holding corporation (QRHC)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Jun'12
Cash flows from operating activities:
Net loss

-55

-2,438

-5,820

-8,045

-7,445

-9,897

-17,799

-42,151

-1,912

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation

225

385

444

469

314

292

209

68

-

Amortization of intangibles

1,176

2,499

3,712

3,699

4,257

3,535

1,608

-

-

Amortization of debt issuance costs

93

93

78

-

-

-

-

-

-

Amortization of debt discount and deferred financing costs

-

-

-

-

-

2,998

3,297

754

64

Loss on extinguishment of debt

-

-

-

-

-

-1,658

-

-

-

Interest converted to common stock

-

-

-

-

-

105

-

-

0

Gain on disposal of property and equipment

-

-

-

-

15

-

9

-0

-

Equity in Quest Resource Management Group, LLC income

-

-

-

-

-

-

667

1,964

-

Deferred income taxes

-

-

-

-

-

-

-

932

-

Provision for doubtful accounts

60

1,085

652

458

265

441

89

7

-

Depreciation expense

-

-

-

-

-

-

-

-

1

Bad debt expense

-

-

-

-

-

-

-

-

116

Stock-based compensation

1,085

793

1,709

1,849

1,315

1,547

2,393

1,904

1,043

Financing costs for senior convertible note - related parties

-

-

-

-

-

-

1,465

-

-

Gain on equity interest in Quest Resource Management Group, LLC

-

-

-

-

-

-

23,449

-

-

Impairment of goodwill

-

-

-

-

-

-

26,850

17,636

-

Valuation expense common stock warrants

-

-

-

-

-

-

-

1,490

-

Repayment of related party payables

-

-

-

-

-

-

-

-

40

Financing costs for senior convertible notes-related parties

-

-

-

-

-

-

-

17,242

-

Changes in operating assets and liabilities:
Accounts receivable

-2,752

1,534

-17,912

1,988

3,932

9,224

5,246

105

-

Prepaid expenses and other current assets

144

-542

-116

677

262

279

-42

-

10

Impairment of capitalized software costs

-

-

-

-

-

-

-

-

128

Inventory

-

-

-

-

-

-

-

-0

3

Prepaid expenses and other assets

-

-

-

-

-

-

-

26

-

Prepaid income tax

-

-

-

-

-

-

-

-84

-

Security deposits and other assets

-46

-256

-710

773

80

123

-80

3

-

Accounts payable and accrued liabilities

-2,919

1,524

-21,051

458

8,260

358

6,625

-

76

Deferred revenue and other liabilities

-45

-239

-117

-

-

-

-

-

-

Deferred revenue and other current liabilities

-

-

-

89

-46

3

68

-

-

Other long-term liabilities

-

-

-

69

30

32

-

-

-

Accounts payable

-

-

-

-

-

-

-

-26

-

Accrued liabilities

-

-

-

-

-

-

-

293

-

Deferred revenue

-

-

-

-

-

-

-

-77

-

Net cash provided by (used in) operating activities

-

-

-

-4,390

2,659

-8,559

-4,443

-

-

Accrued interest-related parties

-

-

-

-

-

-

-

112

7

Net cash provided by (used in) operating activities

2,275

2,968

-1,652

-

-

-

-

-3,820

-488

Cash flows from investing activities:
Advances to Feature Marketing

-

-

-

-

-

-

-

-

-2

Purchase of property and equipment

145

43

60

469

674

180

65

14

2

Purchase of capitalized software development

156

196

254

361

969

839

-

-

-

Proceeds from notes payable

-

-

-

-

-

-

-

-

76

Borrowings from related parties

-

-

-

-

-

-

-

-

40

Proceeds from sale of capital stock

-

-

-

-

-

18,577

-

416

325

Net cash used in investing activities

-301

-239

-315

-

-

-

-

685

-0

Cash flows from financing activities:
Debt issuance costs

-

-

234

-

-

-

-

-

-

Proceeds from senior related party secured convertible note

-

-

-

-

-

-

1,000

2,000

143

Proceeds from credit facilities

99,403

100,479

-

-

-

-

500

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

-

22

0

-

Proceeds from reverse merger with YouChange

-

-

-

-

-

-

-

25

-

Acquisition of customer lists

-

-

-

-

-

-

150

-

-

Purchase of interest  Quest Resource Management Group, LLC

-

-

-

-

-

-

-4,235

-

-

Distributions received from Quest Resource Management Group, LLC

-

-

-

-

-

-

1,114

674

-

Net cash used in investing activities

-

-

-

-830

-1,644

-1,020

5,157

-

-

Proceeds from credit facilities

-

-

108,571

23,500

8,700

2,500

-

-

-

Repayments of credit facilities

100,157

102,142

106,614

22,750

9,950

-

-

-

-

Proceeds from the sale of common stock and warrants, net of issuance costs

-

-

-

2,889

-

-

-

-

-

Proceeds from shares issued for Employee Stock Purchase Plan

70

40

32

40

110

-

-

-

-

Repayments of notes payable

-

-

-

-

-

-

-

-

70

Repayments of notes payable

-

-

-

-

-

-

33

-3

-

Repayments of finance lease obligations

2

39

60

120

39

20

56

55

-

Repayments of senior convertible notes  related party

-

-

-

-

-

11,000

-

-

-

Net cash provided by (used in) financing activities

-

-

-

3,559

-1,179

10,057

1,477

-

-

Financing costs

-

-

-

-

-

-

-

10

-

Net cash used in financing activities

-685

-1,661

1,694

-

-

-

-

2,346

474

Net decrease in cash and cash equivalents

1,288

1,067

-272

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-1,661

-164

477

2,191

-788

-14

Supplemental cash flow information: