Quotient technology inc. (QUOT)
CashFlow / Quarterly
Mar'20Dec'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'13
Cash flows from operating activities:
Net loss

-16,725

-9,560

-10,363

-3,906

-13,228

-4,496

-7,805

-4,660

-11,357

4,182

-10,827

-5,758

-2,674

3,534

-11,312

-3,506

-8,195

-3,569

-9,818

-9,342

-4,001

-1,723

-782

-6,897

-14,042

1,522

-1,643

-2,888

-8,240

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

8,886

8,177

7,628

7,910

7,722

7,815

6,719

6,090

4,417

4,560

4,603

4,145

4,532

6,518

6,144

4,980

5,128

4,621

4,099

3,872

3,908

3,959

3,956

3,650

3,172

1,796

1,675

1,703

1,685

Stock-based compensation

7,526

8,445

7,608

8,036

8,048

6,931

8,420

8,239

7,796

7,950

8,480

8,066

7,756

6,639

6,728

7,309

7,610

6,833

8,074

8,507

8,932

7,783

6,474

6,661

14,592

1,627

1,000

1,068

1,486

Amortization of debt discount and issuance cost

2,698

2,662

2,626

2,592

2,558

2,524

2,491

2,458

2,425

-

-

-

-

-

-

-

-

0

96

19

19

-

-

-

-

-

-

-

-

Accretion of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

3

57

56

57

58

57

56

Gain on sale of a right to use a web domain name

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,800

-

-

-

-

-

-

-

-

Loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-2

-

-

-

-

-231

-29

-205

-11

-

-

-

-

-

-

-

-

0

36

-36

-1

Allowance (recovery) for doubtful accounts

217

644

217

234

132

238

222

-46

95

-107

-51

-229

-268

415

86

207

-56

634

80

-43

9

-2

59

65

14

61

-6

50

50

Deferred income taxes

230

285

215

135

25

-15

195

200

102

-768

-107

270

-97

48

79

94

20

-105

69

-689

164

1,116

1,051

0

-244

-

-

-

-

Change in fair value of contingent consideration

460

-

-

-

3,062

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of escrowed shares and contingent consideration, net

-

-

-

-

-

1,148

4,692

0

7,350

-5,500

9,700

3,900

-2,585

-5,487

105

-966

-102

-253

-238

2,076

-354

-

-

-

-

-

-

-

-

Other non-cash expenses

726

520

653

1,216

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable

-16,252

1,810

8,700

284

-3,652

5,847

9,444

6,308

4,433

2,606

3,873

-1,833

-264

5,388

5,749

3,952

-5,731

10,497

4,550

846

-3,101

3,473

3,635

4,534

-2,779

10,881

-1,918

2,654

1,512

Prepaid expenses and other current assets

128

61

8,305

1,988

791

-1,659

553

333

1,634

322

165

771

1,295

-1,956

-1,049

-1,394

3,039

-1,559

1,577

-303

1,516

-567

4,877

-1,680

1,456

1,399

1,787

-685

1,279

Accounts payable and other current liabilities

-9,111

-9,115

5,704

931

2,418

129

9,472

2,631

-5,783

6,952

6,353

1,278

-1,749

2,002

-318

-2,363

-1,039

906

703

1,125

233

-574

-765

177

2,317

1,472

-1,235

359

-1,386

Payments for contingent consideration and bonuses

15,418

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued compensation and benefits

-5,694

3,310

1,506

1,755

-5,004

1,570

1,678

1,366

-5,901

2,112

1,014

2,375

-4,843

3,266

-874

2,063

-6,369

3,425

2,112

1,492

-6,883

2,172

2,230

3,047

-6,345

4,384

446

2,429

-4,857

Deferred revenues

1,183

-2,189

2,789

495

1,121

1,053

-2,135

441

668

-1,298

-401

393

726

-894

588

-666

486

-1

426

431

333

-848

-599

1,102

-145

-720

-692

416

316

Other liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

-

-

-

-3

-1,484

1,055

-158

-155

1,074

-151

-150

-148

Net cash (used in) provided by operating activities

-8,898

1,827

6,156

14,117

9,718

13,843

4,348

10,110

-6,253

18,462

14,726

15,502

-233

12,840

3,990

4,798

187

3,703

-522

6,902

-852

6,119

-718

5,204

853

-1,886

-151

1,411

-13,532

Cash flows from investing activities:
Purchases of property and equipment

2,488

1,609

2,683

2,735

1,994

2,263

1,487

614

1,713

2,092

1,217

1,529

1,637

1,277

1,535

1,785

1,684

3,764

5,445

2,156

1,805

2,959

1,651

2,056

2,914

2,032

1,469

1,591

9,382

Purchase of intangible assets

-

0

0

200

14,611

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

Proceeds from sale of a right to use a web domain name

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

4,800

-

-

-

-

-

-

-

-

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,700

12,500

0

-859

-

-

-

-

Purchases of short-term investments

-

-

-

-

-

0

24,945

24,454

25,721

49,554

5,026

34,581

25,078

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of short-term investment

-

0

0

0

20,738

19,422

34,960

25,152

34,750

14,259

15,000

44,134

50,116

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-2,488

-15,339

-2,683

-2,935

4,133

2,627

-3,699

-27,363

7,316

-37,387

8,757

-13,024

23,401

-1,376

-45,654

-1,845

-1,684

-45,923

-5,693

-2,191

2,995

-4,733

-14,172

-2,072

-2,055

-2,032

-1,480

-1,592

-9,381

Proceeds from issuances of common stock under stock plans

468

1,904

50

1,620

1,443

1,671

1,309

2,840

1,675

2,883

2,239

2,497

1,144

2,353

3,547

4,281

1,785

1,024

438

2,964

1,254

6,502

1,052

109

2,922

1,995

693

525

448

Payments for taxes related to net share settlement of equity awards

2,312

1,657

1,720

1,810

4,651

1,209

2,209

1,383

6,857

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from initial public offering, net of offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-2,014

178,539

-

-

-

-

Exercise of warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1,610

-

-

-

-

Repurchases and retirement of common stock under share repurchase program

-

0

17,218

43,745

26,134

-

-

-

-

-

-

-

-

125

797

59

10,963

13,843

6,770

30

2,052

-

-

-

-

-

-

-

-

Principal payments on promissory note and finance lease obligations

82

81

7

152

77

78

76

74

82

77

76

76

9

10

12

13

13

16

16

15

15

15

15

14

14

12

7

12

9

Payments for contingent consideration

14,582

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-16,508

166

-18,895

-44,087

-29,419

-2,930

-20,013

-5,351

-5,264

194,883

-163

2,421

1,135

2,218

2,738

4,209

-9,191

-12,835

-13,848

2,919

-813

6,487

-13,963

-1,919

183,057

-356

8,128

1,011

439

Effect of exchange rates on cash and cash equivalents

-72

-24

-22

25

-2

13

3

-7

13

13

-50

9

9

-

-

-

-

-

-

-

9

5

19

-7

-2

-3

-2

0

3

Net decrease in cash and cash equivalents

-27,966

-13,370

-15,444

-32,880

-15,570

13,553

-19,361

-22,611

-4,188

175,971

23,270

4,908

24,312

13,678

-38,928

7,165

-10,688

-55,041

-20,047

7,621

1,339

7,878

-28,834

1,206

181,853

-4,277

6,495

830

-22,471

Supplemental disclosures of cash flow information:
Cash paid for income taxes

17

112

121

62

57

73

86

45

42

55

54

35

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

2

1,753

4

1,754

6

1,757

-3

1,893

8

-

-

-

-

0

1

1

1

-

-

-

-

-

-

-

-

-

-

-

-

Supplemental disclosures of noncash investing and financing activities:
Fixed asset purchases not yet paid

439

184

244

-471

826

866

-321

388

320

512

184

-285

562

161

745

-335

753

-

-

-

-

-

-

-

-

-

-

-

-

Computer equipment acquired under promissory note

-

-

-

-

-

-

-

-

-

0

0

0

819

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment acquired under capital leases

-

-

-

-

-

-

-

-

-

0

0

0

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible asset acquisitions not yet paid

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of common stock not settled

-

-

-

2,037

586

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-