Quantum corp /de/ (QTM)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10
Operating activities
Net Income (Loss) Attributable to Parent

4,749

-2,315

-3,807

-9,411

-4,286

-21,615

-7,485

-23,933

-10,195

-5,099

-4,119

-7,966

5,006

4,072

-3,520

-52,883

-1,529

-11,227

-10,755

13,228

6,931

1,248

-4,324

-14,404

-2,458

-7,893

3,281

-15,052

-8,173

-12,294

-16,660

-11,505

3,914

3,561

-5,226

-1,652

5,864

3,025

-2,696

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

1,085

1,013

1,021

-

-

-

-

-

-

-

-

-

1,325

1,327

1,383

1,465

1,584

1,643

1,718

1,917

2,092

2,074

2,198

2,496

2,546

2,799

2,872

3,130

3,132

3,130

3,021

2,998

2,848

2,946

2,982

2,877

2,902

2,904

2,974

Amortization of intangible assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

48

48

137

160

160

1,143

2,234

2,229

2,224

2,225

2,224

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

1,004

1,004

1,004

614

1,369

671

171

274

408

428

427

457

580

168

168

168

246

324

324

650

417

418

411

409

409

407

409

-

-

-

-

-

-

-

-

-

-

-

-

Amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,118

3,983

4,912

5,316

5,264

6,039

6,482

6,576

6,401

7,850

9,477

Provision for product and service inventories

1,504

1,870

1,572

-

-

-

-

-

-

-

-

-

1,291

1,322

1,337

1,332

1,590

1,904

1,146

1,008

683

853

1,154

2,592

2,056

2,631

4,028

3,055

2,326

2,671

2,029

3,172

3,713

2,116

1,735

2,839

3,904

2,595

4,458

Tax benefit from settlement and Tax Reform Act

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock based compensation

2,056

2,365

987

591

1,100

1,291

427

811

1,570

1,400

1,613

1,574

1,476

1,650

1,998

1,577

2,239

2,447

2,653

2,928

2,918

2,669

3,068

3,191

3,421

3,491

3,356

3,410

3,716

3,726

4,287

3,491

3,424

3,805

3,017

2,371

2,534

2,474

3,042

Non-cash interest expense, net

-

-

5

-

-

-

632

-

-

-

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash loss on debt extinguishment

-

-

-

-393

-5,033

-12,425

0

-6,923

0

-39

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bad debt expense

21

-15

214

148

550

512

-895

5

-2

281

11

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, net

-

-

49

-

-

-

-

-

-

-

-

-

-

-

-

84

36

3

-38

149

-39

-27

77

50

-27

69

-128

373

43

108

-382

495

72

220

493

-233

246

327

-156

Loss on asset disposal

-

-

-

-

-

-

1

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-58

75

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on asset disposal

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

462

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized foreign exchange (gain) loss

-578

229

-130

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of liability classified warrants

-

-

-

-

-

-

-108

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on investment

-

-

-

-

-

-

-16

-5

-41

-107

35

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

3,508

4,121

-19,360

7,623

3,757

-34,451

15,017

-664

-2,781

-7,660

4,595

-1,148

-433

17,377

-15,426

4,847

9,006

-5,066

-26,830

13,531

17,746

2,417

-11,140

-2,673

17,963

179

-10,699

-16,954

16,402

12,681

-24,009

-4,386

6,199

11,820

-18,150

-415

17,909

-4,711

2,152

Manufacturing inventories

3,116

-1,342

7,141

3,421

-4,798

-14,847

3,170

-363

1,777

2,980

-1,781

3,421

-4,819

1,257

-3,686

6,725

-3,453

-10,113

63

13,543

2,932

3,810

-597

-7,980

-5,187

152

-337

3,600

-3

-6,102

4,603

3,910

11,471

3,428

2,564

-4,401

4,887

-2,230

3,204

Service parts inventories

1,701

541

639

1,456

928

1,982

-860

3,334

1,042

3,579

-1,195

2,106

532

642

124

233

21

54

472

324

-1

624

63

318

-1,305

-775

-913

-878

-838

-1,297

-722

-492

-984

-838

-1,328

-431

-491

-1,354

321

Accounts payable

6,198

-1,115

2,593

-1,325

-6,511

-6,472

-11,048

5,418

8,854

3,725

3,650

-8,661

-1,498

13,239

-8,364

4,528

-14,332

20,326

-18,702

3,524

8,935

3,400

-3,010

2,791

5,573

-1,873

-12,372

1,118

3,599

-4,456

-8,891

-2,945

5,863

2,553

-1,364

-3,466

5,595

964

-4,559

Accrued restructuring charges

-300

-2,105

-471

-1,071

-490

-676

-706

-2,365

2,199

-938

641

-782

-643

-945

726

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,830

-2,957

-15,185

Accrued restructuring charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,291

-

-804

-466

-927

-

-50

-667

1,026

-

4,012

-344

-484

1,063

-586

-275

-2,486

3,083

-119

-1,386

-1,351

Accrued compensation

-234

1,727

-3,838

3,200

-1,127

149

-4,564

390

-2,453

697

-2,964

2,889

-2,154

469

580

-2,001

160

-9,809

-1,062

4,544

4,623

602

1,549

-4,354

3,409

-2,825

-2,370

-1,125

4,008

-3,408

-1,138

-857

6,481

-3,487

-1,019

766

2,086

982

-4,136

Accrued warranty

-

-

-

-

-

-

-

-

-

-

-

-

-84

-73

14

-

-51

-127

-619

-

-502

-608

-218

-

-362

-526

-505

-

-158

107

211

506

-33

-44

123

524

297

398

-69

Deferred revenue

-

-

-7,648

-

-

-

-4,433

12,243

-2,068

-3,326

-2,621

7,587

-111

-4,736

-4,426

3,748

1,596

-7,747

-8,682

6,207

2,939

-5,421

-6,446

9,833

5,267

-4,280

-2,169

4,280

6,408

-3,707

-7,351

10,800

2,851

1,477

-7,055

-

-

-

-

Income taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

-55

303

-

-252

-284

-623

Other assets and liabilities

2,294

1,549

2,390

742

4,838

-22,785

8,576

6,081

-3,547

6,140

-3,227

-2,207

1,926

-61

3,798

-2,332

-731

964

4,759

-3,792

5,188

-3,189

550

-1,571

3,283

-5,191

2,684

-960

-6

-2,569

1,555

2,079

822

-1,632

2,545

2,889

-1,755

-1,665

1,520

Net cash used in operating activities

4,690

-10,559

903

-9,506

-10,064

157

2,554

-8,261

4,535

-2,075

769

-1,913

8,088

-2,780

5,161

4,194

-13,569

11,214

-13,559

-5,083

2,566

2,277

6,274

19,938

7,308

-945

9,173

15,867

6,390

-13,413

-1,109

12,567

16,087

5,638

11,368

23,406

18,432

26,198

-15,709

Investing activities
Purchases of property and equipment

1,012

871

444

953

424

636

695

524

909

973

178

481

487

720

529

682

1,189

771

840

359

970

541

1,371

931

1,800

1,996

1,230

710

2,698

2,707

3,984

2,876

2,502

2,623

3,413

2,991

1,671

5,484

2,193

Proceeds from sale of assets

-

-

-

-

-

-

0

6

-271

210

65

-

-

-

-

-

-

-

-

0

0

0

462

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash distributions from investments

-

-

-

-

-

-

322

0

0

0

278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

19,991

-10

15

-3

32

51

59

111

70

49

20

91

-634

80

37

-422

-522

-60

-109

188

1,072

1,545

-300

190

-153

3

-72

Return of capital from investments

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Return of principal from other investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

39

0

0

208

0

97

0

0

2,109

0

0

95

Payment for business acquisition, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

8,152

0

0

0

0

Net cash used in investing activities

-1,012

-871

-444

1,990

-424

-958

-373

-518

-1,180

-763

165

20,299

-20,478

-710

-544

-679

-1,221

-822

-899

14,635

-1,062

-1,003

-929

-1,606

-1,166

-2,610

-1,267

-249

-2,176

-4,816

-3,667

-3,064

-3,477

-4,168

-11,265

-1,072

-1,518

-5,487

-2,026

Financing activities
Borrowings of long-term debt and credit facility

73,471

172,119

0

-

-

-

-

-

-

-

-

-

86,081

3,500

3,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments on long-term debt

-

-

413

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Borrowings of long-term debt, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

75,250

5,000

6,959

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

68,636

177

30,254

5,267

40,370

162,137

471

471

Repayment of convertible subordinated debt

-

-

-

-

-

-

-

-9

56,806

6,030

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of taxes due upon vesting of restricted stock

-

-

-

-

-

-

-

15

30

1,670

107

58

6

646

27

64

11

3,027

74

166

25

2,068

119

73

37

1,567

203

110

44

1,561

321

306

94

2,120

424

142

89

1,647

429

Proceeds from issuance of common stock, net

-

-

-

-

-

-

-6

703

0

1,011

1

361

0

658

0

706

32

1,474

266

1,677

527

1,419

114

1,999

184

2,187

60

2,201

5

2,423

176

2,884

531

3,542

3,433

2,912

10,269

2,329

1,037

Net cash provided by financing activities

-2,100

6,393

-413

7,202

15,630

-3,748

-2,874

1,104

-15,045

7,913

-5,204

-7,941

5,529

-1,488

-3,986

-2,569

1,486

-17,833

192

-48,489

502

-649

-5

661

147

620

-143

2,091

18,167

862

-145

-17,523

260

-28,832

-2,258

-37,600

-21,935

-21,888

137

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-75

125

-53

145

54

-70

-67

-481

7

308

21

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in cash, cash equivalents and restricted cash

1,503

-4,912

-7

-169

5,196

-4,619

-760

-8,156

-11,683

5,383

-4,249

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of cash flow information
Cash paid for interest

5,375

5,438

5,129

5,537

2,202

5,539

4,399

3,126

2,603

2,954

1,561

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for income taxes, net of refunds

206

-177

126

4

109

13

-58

276

265

406

508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash transactions
Purchases of property and equipment included in accounts payable

-71

94

155

-54

55

102

2

85

-199

270

17

130

-68

26

191

-63

-706

530

606

1,474

-147

-65

302

135

-244

12

746

-

-

-

-

-

-

-

-

-

-

-

-

Transfer of inventory to property and equipment

-

51

118

-

-

104

72

102

15

512

407

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the statement of cash flows:
Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-72

10

-5

5

-6

-15

3

-98

-54

-58

-1

17

-3

33

-8

-73

-13

69

-70

31

-80

-7

-26

78

7

101

-61

Net decrease in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-6,933

-4,968

626

951

-13,310

-7,456

-14,263

-39,035

1,952

567

5,339

19,010

6,286

-2,902

7,755

17,636

22,368

-17,298

-4,991

-7,989

12,790

-27,369

-2,181

-15,188

-5,014

-1,076

-17,659

Fair value of common stock issued for business combination

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0