Resonant inc (RESN)
CashFlow / TTM
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'13
CASH FLOWS FROM OPERATING ACTIVITIES
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss) Attributable to Parent

-30,796

-29,928

-28,955

-27,783

-26,237

-24,816

-26,255

-24,164

-22,475

-21,653

-18,547

-18,340

-17,065

-15,247

-12,512

-11,406

-10,563

-9,715

-9,416

-7,990

-8,012

-9,731

-13,686

-14,730

0

0

0

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

990

985

975

951

898

840

767

729

728

721

746

775

737

694

639

565

525

491

432

372

318

220

153

89

0

0

0

Benefit from income taxes

-

-

-

-

-

-

-

-

-

-

-63

-47

-49

-23

0

0

0

-

-

-

-

-

-

-

-

-

-

Amortization of deferred finance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,404

3,033

3,755

0

0

0

Stock-based compensation

5,831

5,806

5,504

5,483

5,653

5,262

6,055

5,353

4,391

4,121

3,333

3,219

2,994

2,659

1,664

1,729

1,461

1,611

0

0

0

-

-

-

-

-

-

Non-cash loss on disposal of assets

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-cash investment income

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrants and options issued for payment of services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Non-cash interest and investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

0

0

0

-

-

-

-

-

-

Non-cash patent write-off

129

145

113

115

104

96

87

48

8

0

5

5

5

19

14

14

14

0

0

0

0

-

-

-

-

-

-

Restricted cash

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Right-of-use asset amortization

678

586

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bridge warrant expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Fair value adjustments to warrant and derivative liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,016

-6,699

-6,535

0

0

0

Changes in assets and liabilities:
Accounts receivable

-44

-87

1,954

-72

-96

115

-13

-41

100

-6

12

125

8

19

0

0

0

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

121

10

-135

-185

-114

-239

58

283

233

376

102

142

57

8

40

-178

46

32

38

139

-33

-78

-160

-123

0

0

0

Other assets

0

-1

-1

-1

49

50

50

50

-11

3

4

4

15

1

0

0

0

-

-

-

-

-

-

-

-

0

0

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

210

299

0

0

0

-

-

-

0

-

-

-

-

-

-

Deferred taxes

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

231

249

299

169

-227

107

-168

167

137

-143

-105

-374

-119

56

409

432

408

295

237

-372

217

131

10

254

0

0

0

Accrued expenses

-57

210

117

135

24

-66

-5

-67

41

163

-71

-14

9

-34

133

62

39

-86

-25

23

-86

-18

-70

-33

0

0

0

Accrued salaries and payroll related expenses

579

191

338

365

164

334

-388

-338

-310

208

1,090

1,104

1,068

980

-289

6

-8

79

577

325

230

301

0

0

0

-

-

Customer deposits

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

1,265

1,460

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

1,265

1,460

1,920

-52

61

128

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Net cash used in operating activities

-21,836

-20,706

-21,453

-20,347

-19,491

-18,131

-17,404

-15,899

-15,221

-14,474

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH FLOWS FROM INVESTING ACTIVITIES
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-9,829

-8,463

-8,165

-7,411

-6,530

-6,544

-5,377

-4,613

-4,008

-3,487

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property and equipment

703

806

1,135

1,310

1,069

1,285

1,186

998

1,101

815

519

533

542

400

413

483

442

415

807

645

931

1,017

776

771

0

0

0

Expenditures for patents and domain names

451

424

368

322

281

219

245

231

250

332

245

265

268

177

252

282

255

342

324

240

214

140

121

154

0

0

0

Purchase of restricted cash investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Redemption of investments held-to-maturity

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Purchase of investments held-to-maturity

3,476

12,432

20,321

20,321

40,271

56,300

48,411

48,411

24,985

0

0

0

0

-

-

-

-

9,989

0

0

0

-

-

-

-

-

-

Net cash provided by (used in) investing activities

5,306

15,633

7,471

13,511

17,344

-18,198

-10,229

-20,660

-26,329

3,607

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

CASH FLOWS FROM FINANCING ACTIVITIES
Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6,111

2,992

8,309

4,154

1,780

-8,954

-10,214

-9,137

-8,878

-926

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from the sale of common stock from underwritten public offering

0

-

-

-

0

-

-

-

-

15,950

15,025

7,468

12,648

5,177

0

0

0

-

-

-

-

-

-

-

-

-

-

Net proceeds from the sale of common stock from underwritten public offering

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred IPO cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Proceeds from exercise of warrants

987

1,387

1,387

1,387

617

260

9,532

9,532

9,315

9,272

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Payment of bridge loan

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Proceeds from issuance of convertible note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Deferred financing cost

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net cash provided by financing activities

37,366

11,306

11,175

1,235

3,288

21,312

31,685

39,242

36,253

25,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of withholding tax on net exercise of stock-based awards

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

0

0

0

-

-

-

-

-

-

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,798

5,177

-14

-45

-74

-74

16,401

16,214

16,168

21,714

0

0

0

Effects of currency translation on cash, cash equivalents and restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

0

0

0

-

-

-

-

-

-

-

-

-

-

Effects of exchange rates on cash, cash equivalents and restricted cash

1

0

0

-5

-6

-2

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

20,837

6,233

-2,807

-5,606

1,135

-15,019

4,051

2,694

-5,290

14,440

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

Taxes Paid

1

1

1

1

1

3

3

3

3

1

1

1

1

1

1

1

2

1

1

1

0

1

0

0

0

-

-

SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES
Deferred financing costs included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Issuance of common stock in settlement of liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

Restricted stock units issued in settlement of liability

280

0

-649

-407

-430

6

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of subordinated note in exchange for Class C units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Charge to equity for difference in fair value of subordinate note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Debt discount in conjunction with subordinated note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Debt discount in conjunction with senior note

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Debt discount in conjunction with senior note-derivative

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Common stock issued in settlement of accrued salaries and payroll related expenses

-

-

-

-

-

-

-

-

-

119

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock options issued in settlement of liability

-

-

-

-

-

-

-

-

-

332

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaids included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property and equipment included in accounts payable

224

206

8

90

211

95

339

237

250

245

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock options issued in settlement of liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Prepaids included in accounts payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Property and equipment included in accrued liabilities

113

159

39

362

397

305

0

0

0

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

-

-

Patents included in accounts payable

144

83

77

13

27

39

8

28

8

9

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

Patents included in accrued liabilities

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents
NET INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

-

-

-

2,583

-142

-294

130

-3,302

-4,824

-15,572

810

2,464

3,282

17,301

0

0

0