REGIONAL HEALTH PROPERTIES, INC. RHE Cash Flow

Regional health properties, inc. (RHE)

CashFlow / Quarterly

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
Cash flows from operating activities:
Net Loss
-	-	-	-	-	-	-	-	-	-766	20	-952	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (loss)
748	5,811	-1,243	184	-1,642	-4,509	-3,216	-2,528	-	-	-	-	-	-	-	-1,950	-6,996	-5,095	-5,363	-5,249	-5,539	-3,548	-2,795	-2,523	-3,254	-414	-6,945	-2,750	-142	-4,640	-345	-2,413	-4,828	2,779	-4,562	-941
Income from discontinued operations, net of tax
215	101	132	178	316	157	-344	-55	370	-1,032	-604	-413	-6,915	-2,210	-3,775	-528	-2,564	-3,057	-1,537	2,266	4,749	11,321	7,638	75	1,743	-933	-1,365	-700	5,643	482	-170	-109	-873	-159	-91	-35
Income (loss) from continuing operations
533	5,710	-1,375	6	-1,958	-4,666	-2,872	-2,473	343	266	624	-539	8,373	222	-1,207	-1,422	-4,432	-2,038	-3,826	-7,515	-10,288	-14,869	-10,433	-2,598	-4,997	519	-5,580	-2,050	-5,785	-5,122	-175	-2,304	-3,955	2,938	-4,471	-906
Adjustments to reconcile net income (loss) from continuing operations to net cash provided by operating activities:
Depreciation and amortization
777	797	841	1,023	1,127	1,126	1,160	1,221	1,369	1,193	1,171	1,135	1,120	1,124	1,339	1,713	1,961	1,911	1,798	1,675	1,823	1,956	1,828	1,786	1,673	1,745	1,780	1,720	1,808	1,426	1,594	1,710	1,171	836	705	647
Interest paid in kind
-	-	176	178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrants (cancelled) issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	320	0	1	87	80	9	0	0	-	-	-	-	50	-135	265	32
Stock-based compensation expense
22	22	21	27	50	50	45	31	-14	127	-80	234	243	170	240	480	265	245	230	202	172	245	225	513	360	186	291	260	252	268	181	190	227	112	109	358
Rent expense in excess of cash paid
56	67	110	75	67	84	104	113	138	130	152	158	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent revenue in excess of cash received
-300	-173	-523	-428	-219	-539	-562	-683	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent revenue in excess of cash received
-	-	-	-	-	-	-	-	-	-	-	-768	-3,219	312	206	203	-1,172	-115	33	43	-187	113	-4	57	153	72	84	-35	11	128	134	157	142	179	186	193
Amortization of deferred financing costs, debt discounts and premiums
32	40	73	53	-123	249	254	195	97	68	74	99	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
20	-924	-1,221	-333	-1,279	-3,514	0	-441	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2	15	0	-105	-21
Gain on disposal of assets
0	6,451	0	690	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Rent revenue in excess of cash received
-	-	-	-	-	-	-	-	-	-	-	-	-	-597	-626	-718	-	-715	-245	-29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	432	181	217	216	214	196	403	350	670	517	491	444	431	661	567	499	338	608	640	337	320	192	275	132
Amortization of debt discounts and premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	4	3	4	-	4	3	4	4	3	4	-20	19	132	177	193	104	219	214	213	238	218	229	216
Derivative gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	828	1,989	-1,947	2,136	-399	-2,105	353	410	150	4,745	-2,588	-1,350
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-680	0	-1,220	0	-583	-76	-6	-25	-2	-	-	-	-	-	-	-	-
Deferred tax benefit
-44	0	0	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	9	-	68	50	45
Gain on acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	206	-206	0	1,104
Bad debt (benefit) expense
-67	32	-74	-172	198	-48	2,044	1,938	431	0	-11	466	215	0	0	0	-	-	-	-	-461	-17	-392	870	884	1,089	770	1,297	1,899	610	758	918	1,003	242	249	102
Other noncash expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-21	-14	-21	-24
Changes in operating assets and liabilities:
Accounts receivable
113	-137	-95	-346	148	-46	124	271	227	-233	-13	-163	-112	413	-975	1,219	1,837	104	419	-140	-1,112	-394	-766	1,903	404	-1,720	906	3,977	2,234	1,919	5,769	3,051	1,029	4,767	951	2,587
Prepaid expenses and other assets
-74	-237	-39	-50	-659	-125	-136	22	-	-175	-228	201	257	322	-1,493	242	215	1,834	-644	751	152	-1,121	-1,399	3,021	-940	-284	-555	1,804	-196	208	-302	200	-681	437	-765	487
Other assets
-	3	-101	155	-	0	-2	-33	60	-85	-193	294	-	-9	-13	-17	-	400	1,890	-40	503	66	4	-19	444	-1	-381	-5	-237	63	24	-180	-346	496	-99	128
Accounts payable, and accrued expenses and other
-	-	22	-566	-	-	317	209	341	-60	148	236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-183	574	-590	778	-835	-1,316	-177	392	3,498	-122	-1,822	-413	-947	5,607	38	1,517	4,783	1,248	3,860	503	5,423	295	2,715
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	10	3	617	-	164	651	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	98	70	-7	-	-	-	-	1	29	78	60	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by operating activities—continuing operations
883	1,251	797	117	1,758	85	504	732	1,480	1,910	1,856	749	-1,208	517	3,230	-941	773	-3,318	-3,934	-5,248	-6,755	-5,914	-6,241	-5,005	-2,356	3,467	5,702	-5,988	-997	2,292	-1,226	1,607	-584	-93	596	623
Net cash used in operating activities—discontinued operations
328	-501	-197	-282	-467	-168	-361	-735	111	-28	118	-1,051	-1,537	-1,218	-1,613	-639	-4,448	-2,136	-4,140	4,645	6,594	8,478	3,589	-881	4,731	-523	155	-125	-1,026	1,066	-164	-105	1,546	-110	-146	160
Net cash provided by operating activities
1,211	750	600	-165	1,291	-83	143	-3	1,591	1,882	1,974	-302	-2,745	-701	1,617	-1,580	-3,675	-5,454	-8,074	-603	-161	2,564	-2,652	-5,886	2,375	2,944	5,857	-6,113	-2,023	3,358	-1,390	1,502	962	-203	450	783
Cash flow from investing activities:
Proceeds from the sale of property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3	-	-	-	-
Change in net cash investments
-	-	-	-	-	-	-	-	-	-	-	-	-3,638	1,149	-935	-3,839	510	-2,146	6,291	-705	83	1,430	-59	-7,198	479	2,841	2,387	404	-	-	-	-	-	-	-	-
Proceeds from disposal of assets, net
-	-	0	1,192	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
-185	148	8	87	72	0	103	163	72	240	205	329	796	660	25	19	471	606	348	374	718	1,804	40	1,577	1,471	1,230	633	1,186	2,949	990	1,213	463	1,513	789	1,475	468
Change in restricted cash and investments and escrow deposits for acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,249	-566	-	-656	683	-573
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,419	15,827	28,736	7,919	5,107	19,839	27,041	5,595
Proceeds from the sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	325	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities—continuing operations
185	2,539	-8	1,105	-72	0	-103	-163	-81	-275	-1,580	-329	17,916	-885	2,957	4,145	-981	1,540	-6,639	331	-801	-3,234	19	5,621	-1,950	-831	-3,020	-1,590	-13,832	-15,954	-33,198	-7,813	-6,111	-19,972	-29,199	-5,490
Net cash provided by investing activities—discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	-1	9,916	5,686	36	-44	-561	657	-1,300	-285	3,382	215	-1,684	2,355	-	-	-	-	-	-	-	-
Net cash provided (used in) by investing activities
185	2,539	-8	1,105	-72	0	-103	-163	-81	-275	-1,580	-329	17,916	-884	2,957	4,144	8,935	7,226	-6,603	287	-1,362	-2,577	-1,281	5,336	1,432	-616	-4,704	765	-1,904	-16,247	-33,198	-7,813	-6,329	-19,972	-29,199	-5,490
Cash flows from financing activities:
Proceeds from debt issuance
-	-	-	-	0	0	0	2,397	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from debt
-	-	-	-	-	-	-	-	-	-	-	-	5,869	3,737	0	203	0	27	1,016	21,714	7,966	14,495	0	3,255	-40	5,000	0	2,372	33,688	11,600	38,700	8,488	3,126	17,065	23,535	8,138
Proceeds from convertible debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	364	1,685	-445	445	0	6,055	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from stock issuances, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,641	-	-	-	-
Repayment on notes payable
451	626	549	1,410	530	524	519	503	571	526	538	1,974	5,788	3,850	2,128	4,518	1,242	1,653	865	21,892	6,469	12,239	1,358	4,839	3,147	1,343	2,675	1,277	22,256	866	5,738	1,215	1,040	304	227	482
Repayment on bonds payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-55	0	3,049	-	0	0	0	-	-	-	-	-	-	-	-
Repayment on bonds payable
0	0	101	243	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt forbearance costs
-	-	-	466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment on convertible debt
-	-	-	-	-	-	-	-	0	0	1,000	6,700	0	0	0	0	-	-	-	-	-445	525	0	4,014	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	842	6,688	7,087	13,693	12,259	22,792	16,784	18,039	105,026	363	-771	416	-1,422	1,474	869	-556	964	1,483	1,274	3,013
Repayment of lines of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,683	7,387	10,420	15,454	13,641	23,013	16,161	18,775	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	199	49	42	25	-276	44	319	511	186	210	204	444	457	69	196	142	300	1,237	1,320	206	229	214	52	123
Exercise of warrants and options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	320	-320	103	1,688	152	763	7	2,335	0	0	37	30	0	42	72	23	-	-	-	-
Proceeds from preferred stock issuances, net
-	-	-	-	-	-	-	-	-	-	-	-	-10	2,243	870	3,677	4,596	2,169	27,558	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-312	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	0	-1	0	187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends on preferred stock
-	-	-	-	-	-	-	-	0	1,912	1,912	1,878	1,878	1,879	1,801	1,777	1,626	1,499	1,437	646	646	646	646	646	646	306	306	306	-	-	-	-	-	-	-	-
Net cash (used in) provided by financing activities—continuing operations
-448	-1,054	-1,010	-2,119	-305	-569	-664	1,894	-633	-2,449	-2,551	-10,739	-2,265	202	-3,186	-2,752	325	-7,629	19,730	277	-565	1,917	-1,628	-2,083	6,354	405	-671	1,093	16,155	13,582	32,710	10,175	2,818	24,609	24,749	10,546
Net cash used in financing activities—discontinued operations
0	0	0	-34	-51	-49	-49	-90	-173	-173	-172	-140	-318	-409	-403	-268	-7,140	-5,208	-393	-16	-44	-184	-33	0	-3,511	-231	-130	-1,812	-5,984	-73	-49	-48	-137	-45	-43	-46
Net cash (used in) provided by financing activities
-448	-1,054	-1,010	-2,153	-356	-618	-713	1,804	-806	-2,622	-2,723	-10,879	-2,583	-207	-3,589	-3,020	-6,815	-12,837	19,337	261	-609	1,733	-1,661	-2,083	2,843	174	-801	-719	10,171	13,509	32,661	10,127	2,681	24,564	24,706	10,500
Net change in cash and restricted cash
948	2,235	-418	-1,213	863	-701	-673	1,638	704	-1,015	-2,329	-11,510	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	12,588	-1,792	985	-456	-1,555	-11,065	4,660	-55	-2,132	1,720	-5,594	-2,633	6,650	2,502	352	-6,067	6,244	620	-1,927	3,816	-2,686	4,389	-4,043	5,793
Cash decrease due to deconsolidation of variable interest entities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	360	-360	180	-	-	-	-
Supplemental Disclosure of Cash Flow Information:
Cash interest paid
704	1,245	1,426	1,434	1,445	1,779	1,241	755	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
-	-	-	-	-	-	-	-	-	-	-	682	1,280	1,633	1,583	1,630	1,965	1,834	2,161	2,407	2,559	4,828	0	2,472	2,436	2,603	2,685	2,696	41	3,825	3,253	2,554	1,845	1,808	1,421	1,017
Cash income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-12	0	0	20	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Supplemental disclosure of non-cash Activities:
Non-cash payments of long-term debt
-	-	-	-	0	0	0	8,744	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash payments of convertible debt
-	-	-	-	0	0	0	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash payments of professional liability settlements from financing
-	-	-	-	0	0	0	2,371	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash debt issuance costs and prepayment penalties
-	-	-	-	-	-	0	1,238	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash payments of professional liability settlements from prior insurer
-	-	-	-	0	0	0	2,850	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net payments through escrow
-	-	-	-	0	0	0	16,703	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from financing
-	-	-	-	0	0	0	13,853	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from prior insurer for professional liability settlements
-	-	-	-	0	0	0	2,850	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds through escrow
-	-	-	-	0	0	0	16,703	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash deferred financing
-	-	-	-	850	2,167	697	488	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Surrender of security deposit
-	-	-	-	0	0	60	245	0	0	0	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from financing of South Carolina Medicaid audit repayment
-	-	-	-	-	-	-	-	0	0	0	385	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from vendor-financed insurance
-	0	4	246	-	0	4	194	-	0	5	193	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from finance lease to purchase fixed assets
0	0	0	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Surrender of security deposit
-	-	-	-	0	0	60	245	0	0	0	500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from vendor-financed insurance
-	0	4	246	-	0	4	194	-	0	5	193	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash proceeds from financing of South Carolina Medicaid audit repayment
-	-	-	-	-	-	-	-	0	0	0	385	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
2011 Notes surrendered and cancelled in payment for 2014 Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	445	0	0	0	0	3,256	2,800	0	5,000	-	-	-	-
Conversion of debt to equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,000	0	2,930	-	1,982	300	49	-	-	-	-	-	-	-	-
Warrants issued in conjunction with convertible debt offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9	0	0	115	76	289	276	0	0	0	330
Notes issued in conjunction with financing of exit fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	680	-	1	0	87	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	361