Castle Brands Inc ROX Cash Flow

Castle brands inc (ROX)

CashFlow / Quarterly

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	Dec'10	Sep'10	Jun'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-733	11,215	-2,061	-1	-307	190	664	280	-865	699	892	-489	-595	421	-595	-682	-850	-1,102	-311	-869	-1,190	-623	-2,159	-4,148	-1,040	-2,938	-476	-703	-719	-1,223	-1,253	-821	-1,661	-1,391	-1,428	-1,502	-1,671
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
123	-48	197	204	235	209	208	186	204	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	253	-	235	233	228	237	237	215	216	215	217	214	213	228	230	229	231	231	228	225	228	224	229	229	235
Provision for doubtful accounts
15	49	14	14	14	14	14	16	14	88	11	11	11	9	9	6	36	4	-122	160	-92	97	10	15	10	70	4	6	6	42	8	11	6	21	-52	14	14
Amortization of right-of-use assets
5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing costs
34	59	85	5	42	47	26	17	21	36	35	44	44	39	45	48	43	52	26	39	48	40	53	36	30	26	27	24	17	14	32	9	4	5	3	2	2
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,426	3,519	447	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit, net
-592	-9,523	0	0	0	8	-82	0	0	-418	-152	-37	-37	-37	-2	-36	-54	-74	-60	259	162	-	-	-	-	-	-37	-37	-37	-37	-37	-37	-37	-37	-37	-37	-37
Change in fair value of warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-69	-161	-162	91	-16	91	-209	24	0	0	0	0
Income tax expense (benefit), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	-37	-	-	-	-	-	-	-	-	-	-	-	-
(Loss) income from equity investment in non-consolidated affiliate
-4	32	25	55	34	37	-20	29	41	1	26	18	4	9	4	4	0	-	-	-	-	-49	-428	-17	-6	-3	-7	-11	0	-12	0	0	-17	-20	17	0	0
Effect of changes in foreign currency translation
-71	64	86	2	44	-70	25	18	-51	-61	68	-3	79	-59	-41	-40	-49	203	57	-29	-236	-224	50	-171	60	-156	-68	-218	195	-208	-275	-116	-122	-91	43	-101	68
Stock-based compensation expense
439	487	496	497	490	490	504	504	475	405	409	410	352	334	338	458	239	180	206	208	191	112	103	105	72	66	77	79	59	53	52	52	31	37	47	48	36
Addition to provision for obsolete inventories
-	70	315	146	13	276	50	0	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Addition to provision for obsolete inventory
-	-	-	-	-	-	-	-	-	-	50	50	50	-	0	0	100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-14	0	0	-24
Changes in operations, assets and liabilities:
Accounts receivable
-2,259	3,929	-67	886	-1,229	-511	2,881	-1,418	705	560	-614	1,497	-261	1,617	-1,437	723	-987	1,533	2,456	-537	-1,780	809	484	1,033	-367	109	233	817	-298	171	274	996	-711	-560	876	-86	-12
Due from affiliates
6	-	-	-	-	-	-	-	5	-4	1	0	-0	3	-1	1	-138	0	-2	-0	26	-54	48	127	71	-241	275	42	103	22	-287	275	-103	27	188	0	-2
Inventory
1,967	1,114	2,790	2,775	3,476	915	620	3,376	987	517	2,998	-785	1,613	357	3,478	3,644	-982	-531	492	2,111	5,150	703	618	-623	547	3,203	-79	216	688	-606	1,713	755	144	-821	-1,019	666	872
Prepaid expenses and supplies
-519	1,915	465	-393	43	-133	-236	135	273	1,754	-38	-364	715	-65	386	-310	107	219	-385	-256	345	269	112	-134	344	57	43	-147	247	108	-246	12	-97	38	99	-284	193
Other assets
3	101	154	-2	25	59	11	18	14	9	6	20	23	5	0	81	5	28	39	198	5	21	87	64	15	95	4	45	6	958	-941	158	15	-	-	-	-
Accounts payable and accrued expenses
351	1,058	2,658	2,811	-1,439	-2,699	-2,277	2,044	846	1,212	304	64	635	-1,350	2,865	1,526	122	1,017	282	1,122	-1,101	543	-639	-1,072	571	589	639	-343	-5	837	113	947	-816	228	-317	587	-860
Accrued interest
2	2	2	2	2	2	2	2	2	-	-	-	2	2	2	2	2	-7	2	2	2	2	2	0	0	-10	0	0	0	0	19	114	95	79	101	0	0
Due to related parties
-547	418	522	-468	-525	958	-632	99	201	848	-572	14	528	-	-	-	-128	-392	-620	983	57	-648	261	-453	424	208	-401	314	645	39	-851	846	-185	56	46	-52	1,007
Total adjustments
704	-14,547	838	-109	-3,560	-1,000	-5,469	716	-158	-220	-2,108	430	-331	-3,271	1,716	-2,228	2,636	-152	-2,705	1,506	-4,026	-1,390	423	2,050	1,067	317	1	-532	65	1,008	-579	-120	246	2,028	-210	712	-745
NET CASH USED IN OPERATING ACTIVITIES
-28	-3,331	-1,222	-111	-3,867	-810	-4,804	997	-1,023	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,236	-653	-215	-1,833	-942	-1,415	637	-1,639	-789	-2,417
NET CASH USED IN OPERATING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-1,215	-59	-927	-2,850	1,120	-2,910	1,786	-1,255	-3,017	637	-5,216	-2,013	-1,735	-2,097	26	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM INVESTING ACTIVITIES:
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment
41	56	94	27	85	69	140	35	48	44	155	30	134	166	97	96	105	79	39	138	76	109	38	51	34	4	46	24	19	27	98	130	51	67	33	78	23
Acquisition of intangible assets
-	-	-	-	-	-10	2	9	12	-6	9	0	0	0	6	0	17	36	95	22	5	-0	0	0	26	0	14	13	25	15	0	22	0	56	0	1	6
Investment in non-consolidated affiliate, at equity
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on Bourbon term loan
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	744	394	445	168	261	168	249	63	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	4	0	235
Payments under contingent consideration agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	11	62	24	9	35
NET CASH USED IN INVESTING ACTIVITIES
-41	-56	-94	-27	-85	-59	-142	-201	-61	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-74	-78	-76	-123	-223	-63	-184	-203	-88	170
Change in restricted cash
-	-	-	-	-	-	-	-	-	-	-0	-0	7	0	0	0	0	0	0	0	0	0	1	-62	0	2	-0	1	-3	-0	-0	26	0	-	-	-	-
Payments under contingent consideration agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5	22	52	34	37	-	-	-	-	-	-	-	-
NET CASH USED IN INVESTING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-164	-30	-141	-166	-104	-96	-622	-116	-135	-161	-81	-110	-39	10	-68	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Net proceeds from credit facility
-	-	-	-	-	114	5,552	-943	748	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	-61	150	0	-	-	-	-	-	-	-	-
Net proceeds from (payments on) credit facility
-	-	-	-	-	-	-	-	-	-	-	366	-124	2,443	-862	2,863	-2,479	667	2,549	1,492	3,461	-4,059	-721	251	-19	-	-	-	-	-	-	-	-	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Keltic facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,350	528	352	1,909	1,588	0	-	-	-	-
Net (payments on) proceeds from credit facility
-56	-	-	-	3,971	-	-	-	21	-	-	-	60	0	0	-0	-34	40	-134	8	106	-139	-56	213	-91	-	-	-	-	-	-	-	-	0	500	1,000	1,000
Net proceeds from (payments on) foreign revolving credit facility
23	-	-	-	-22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	3,251	1,403	685	0	1,231	3,094	1,437	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock under employee stock purchase plan
55	0	38	0	40	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Note payable - Betts & Scholl
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	220	106	0	0	106	106
Promissory note - Frost Gamma Investments Trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,000
Interim notes - affiliate investors
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,005	0	0	0	0
Issuance of series A convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,155	0	0	0	0
Payments for costs of stock issuance
-	-	-	-	-	-	-	-	-	0	0	2	12	29	0	30	65	28	93	25	38	61	122	0	0	-	-	-	-	0	83	81	181	0	0	0	0
Proceeds from exercise of common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	598	3,406	146	296	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock options
59	23	116	233	216	30	22	51	130	63	6	136	44	131	9	208	25	7	74	64	76	18	7	0	0	-	-	-	-	-	-	-	-	0	0	0	7
Repurchase of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,023
NET CASH PROVIDED BY FINANCING ACTIVITIES
82	3,261	1,582	-107	4,205	298	5,574	-914	901	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,500	528	352	1,825	-714	2,871	0	1,500	893	1,878
EFFECTS OF FOREIGN CURRENCY TRANSLATION
-31	-	-	-	-34	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS
-18	-	-	-	217	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY FINANCING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	1,651	439	-31	2,545	-853	2,442	-47	1,696	2,634	121	5,174	2,089	2,567	1,947	-110	-	-	-	-	-	-	-	-	-	-	-	-
EFFECTS OF FOREIGN CURRENCY TRANSLATION
-	-	-	-	-	12	2	19	28	9	-12	-0	-0	5	-6	-3	0	12	-8	-1	-0	0	-1	2	0	-	-	-	-	-	-	-	-	-	-	-	-
EFFECTS OF FOREIGN CURRENCY TRANSLATION
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	5	-7	10	-2	-17	4	13	1	17	-23
NET DECREASE IN CASH AND CASH EQUIVALENTS
-	-	-	-	-	-	-	-98	-155	-	258	349	-1,100	-465	156	-568	1,116	337	-526	596	-124	-33	790	-136	-150	208	-238	195	-210	70	-133	-1,897	1,397	465	-341	33	-391
SUPPLEMENTAL DISCLOSURES:
Schedule of non-cash investing and financing activities:
Conversion of series A preferred stock to common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,831	0	199	319	-	-	-	-	-	-	-	-	-	-	-	-
Surrender of common stock in connection with exercise of common stock warrant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	31	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid
1,184	1,140	1,095	1,058	1,003	952	915	884	801	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of warrant liability in connection with series A convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45	402	0	347	-	-	-	-
Issuance of warrant liability in connection with series A convertible preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Issuance of common stock in exchange for fine wine inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	840
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	276	-	166	261	224	230	221	265	219	234	249	204	179	110	128	110	92	87	70	20	69	67	66	33	21
Income taxes paid
-	-	-	-	-	1,234	0	669	0	0	542	0	1,010	0	1,044	-1,044	1,079	117	141	0	35	14	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-