Rmg networks holding corp (RMGN)
CashFlow / Quarterly
Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Jun'11
Cash flows from operating activities
Net Loss

-2,143

-2,859

-

-

-1,188

-1,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-967

-886

-1,600

-1,317

-907

-1,201

-9,616

-6

-26

28,412

-16,027

-12,431

-1,563

-4,162

-7,274

-111

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

745

753

755

757

789

773

737

801

791

818

873

865

2,158

0

1

-3,795

1,880

1,920

-

-

-

-

Gain on change in warrant liability

0

-1

-57

0

0

-231

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss from disposal of fixed assets - net of accumulated depreciation

0

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,679

1,292

-

Gain (loss) on change in warrant liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,052

4,641

-3,789

-2,090

3,920

-

Gain on change in warrant liability

-

-

-

-

-

-

-

-

-

-

-

-246

-1,056

-0

-

-

-

-

-

-

-

-

Stock-based compensation

50

37

11

110

179

147

147

147

289

321

366

406

790

0

0

-1,742

714

1,029

-

-

-

-

Non-cash loan origination fees

-

10

-

-

-

20

20

18

17

17

14

-1

742

0

-

-

-

-

-

-

-

-

Non-cash loan origination fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-57

-57

-

-

-

-

Non-cash consulting expense

-

-

-

-

-

-

-

-

-

-

0

80

239

0

0

-264

120

144

-

-

-

-

Non-cash directors' fees

-

-

-

-

-

-

-

0

0

31

0

0

30

0

0

-116

0

116

-

-

-

-

Inventory reserve adjustment for obsolescence

24

6

-

-

-

15

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

-8

-38

-9

4

-20

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Allowance for doubtful accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Bad debt expense

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Interest capitalized as debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

75

60

-

Deferred tax expense

-

-

-

-

-

-

-

-

-

-

-

-3

9

0

-6

328

621

-950

-

-

-

-

Accounts receivable

-161

-1,318

2,163

-691

-1,003

-50

1,473

955

-440

-1,470

-2,464

-1,282

6,024

3

3

6,514

1,410

-7,935

8,617

-1,804

4,412

-

Inventory

-26

92

-174

189

119

-171

289

-359

-248

191

143

94

155

-0

-1

1,044

-717

-328

860

220

74

-

Other current assets

-115

120

-247

428

-38

51

-4

-128

-92

-110

41

-85

173

-0

-1

897

-630

-267

462

399

-211

-

Other assets

-2

-1

4

-9

-32

-8

5

2

-9

-1

-1

-75

-217

-0

0

6

1

-8

-129

33

1

-

Accounts payable

205

-644

861

-205

-116

-1,287

1,181

-120

152

-945

1,125

-143

-2,260

-1

1

3,401

-24

-3,379

4,777

-1,867

1,708

-

Increase in accrued interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

(Increase) decrease in prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

Accrued liabilities

461

-159

-21

237

-259

-956

-33

300

-56

-950

-1,152

1,484

-1,155

0

-0

-6,026

8,447

-2,421

1,620

-1,798

362

87

Deferred revenue

349

283

-

-

-354

845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-164

-744

-118

341

720

-568

-11

0

1

-412

-8

418

4,786

48

330

-

Gain on long-term contract

-

-

-

-

-

-

-

-

175

175

-1,228

-108

-1,733

1

-

-

-

-

-

-

-

-

Gain (Loss) on long-term contract

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Deferred rent and other liabilities

-60

-61

-54

-54

-54

-53

-50

-40

-71

-111

-186

-172

-349

-0

-1

-304

304

0

-

-

-

-

Net cash used in operating activities

-14

-1,564

-533

-1,340

10

-1,817

-644

-1,168

-30

-580

-2,657

-3,171

-5,612

-2

-3

3,575

-1,265

-2,314

-3,060

-6,079

-3,877

-98

Acquisition of Symon Holdings Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

209

-

Purchases of property and equipment

1

27

6

7

55

52

60

148

121

19

25

58

297

0

-0

-1,667

506

1,164

1,868

602

172

-

Net cash used in investing activities

-1

-27

-6

-7

-55

-52

-60

-148

-121

-19

-25

1,132

-297

-0

0

1,667

-506

-1,164

-1,868

-602

-381

-

Cash flows from financing activities
Borrowings on secured line of credit

500

1,400

-

-

-

-

2,800

0

0

700

-

-

-

-

-

-

-

-

-

-

-

-

Payments on secured line of credit

-

-

0

0

0

1,274

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings on line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Proceeds from bridge loan

-

-

-

-

-

-

-

-

-

-

0

0

999

1

2

4

0

0

-

-

-

-

Proceeds from notes payable, stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Issuance of common stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Issuance of preferred shares, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

0

9,617

9

-

-

-

-

-

-

-

-

Repayment of debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,839

10,343

600

-

Issuance of preferred shares, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Investments held in Trust Account

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80,000

Proceeds from public offering, net of underwriting discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78,000

Proceeds from issuance of warrants

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,000

Payment of note payable, stockholder

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

175

Expenses related to sale of stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

Net cash provided by (used in) financing activities

384

1,400

490

700

0

-1,274

4,529

0

0

700

263

0

10,575

10

2

4

0

0

-15,191

28,772

-600

80,507

Effect of exchange rate changes on cash

-65

86

27

5

214

34

-170

-69

-233

-51

-89

-81

84

-0

-0

-101

97

4

68

217

13

-

Net increase in cash and cash equivalents

-

-105

-

-

-

-3,109

3,655

-1,385

-384

50

-2,508

-2,120

4,749

7

-1

5,145

-1,674

-3,473

-20,051

22,307

-4,845

-

Supplemental disclosures of cash flow information:
Cash paid during the year for interest

18

24

185

2

7

5

-

-

-

-

-

-

17

0

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

33

-

-

646

0

-

-

194

100

-

-

-

-

Cash paid during the period for income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Long-term notes payable paid thru issuance of preferred shares

-

-

-

-

-

-

-

-

-

-

-

-

14,985

15

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

409

Adjustment for warrant liability in connection with the public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0