Revolution lighting technologies, inc. (RVLT)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Common Stock
Contingent Consideration
Cash Flows from Operating Activities:
Net loss

-53,907

-522

-2,382

-5,180

-16,821

-8,578

-5,469

-8,011

Adjustments to reconcile net loss to net cash used in operating activities:
Amortization and depreciation

7,549

6,115

4,868

-

-

-

-

-

Deferred income tax benefit

-

-

-

-6,550

-

-

-

-

Depreciation

-

-

-

495

263

228

466

545

Amortization of intangible and other assets

-

-

-

5,149

2,859

-

-

-

Interest expense forgiven on debt restructuring

-

-

-

-

-

141

-

-

Write down of assets relating to discontinued operations

-

-

-

-

-

-

-

631

Loss on sale of businesses

-

-

-

-

-

-

-

16

Loss on disposal of property and equipment

-

-

-

-

-

-6

-3

-9

Stock-based compensation

2,976

2,141

2,719

1,711

809

45

301

318

Change in fair value of contingent consideration

-1,433

-2,248

864

1,419

88

-

-

-

Impairment of goodwill

10,702

-

-

-

-

-

-

-

Impairment of intangible assets

10,480

-

-

-

-

-

-

-

Restructuring expense, including $9,256 recorded in Cost of sales

16,908

-

-

-

-

-

-

-

Other noncash items affecting net income

185

-1,349

-

-

-

-

-

-

Loss on sale of businesses

-

-

-

-

-

-

-52

-

Impairment charges

-

-

-

-

-

3,397

407

-

Gain on debt restructuring

-

-

-

-

-

1,048

-

-

Change in fair value of embedded derivative

-

-

-

-

-6,990

-

-

-

Amortization of intangibles

-

-

-

-

-

266

288

282

Amortization of debt discount and debt issuance costs

-

-

-

-

-

69

89

158

Amortization of deferred rent

-

-

-

-

-

26

80

-65

Gain on bargain purchase of business

-

-

-

-

743

-

-

-

Loss due to closure of contract manufacturer

-

-

-

-

-

-

111

-

Debt extinguishment costs

-

-

-

-

-

-

-

-441

Increase in inventory reserve and inventory write downs

-

-

-

-

-

-

-

-199

Changes in operating assets and liabilities, net of the effect of the acquisition:
(Increase) decrease in trade receivables, net

-13,613

11,780

15,111

10,291

1,727

-306

-81

-647

(Increase) decrease in unbilled contracts receivable

-4,084

5,224

2,246

-

-

-

-

-

(Increase) decrease in inventories, net

7,371

4,430

7,234

60

697

-1,753

-526

399

(Increase) decrease in prepaid and other assets

4,857

4,822

699

977

-

-

-

-

Prepaid expense

-

-

-

-

-

-

-

-51

(Increase) decrease in other assets

-

-

-

-

385

170

-62

8

Increase (decrease) in accounts payable and accrued liabilities

-5,559

13,216

2,532

-19

-

-

-

-

Increase (decrease) in customer deposits

-

-

-

-

-

-69

-

-

Deferred revenue

-

-

-

-

-

-17

-

-

Total adjustments

-

-

-

-

-

3,448

2,100

1,558

Other liabilities

-

-

-

-

-

-

-

-13

Net cash used in operating activities

-

-

-

-

-

-5,130

-3,369

-6,452

Cash Flows from Investing Activities:
Decrease in accounts payable, accrued and other liabilities

-

-

-

-

1,218

-1,364

-199

-

Accounts payable, accrued liabilities and related party payable

-

-

-

-

-

-

-

-733

Increase (decrease) in accrued compensation and benefits

-

-

-

-

-

-69

-7

-90

Net cash used in operating activities

-7,000

-6,205

-16,689

-14,303

-8,146

-

-

-

Payment of acquisition obligations

284

1,015

-

-

-

-

-

-

Acquisition costs of Lumificient Corporation

-

-

-

-

-

-

-

100

Patents, trademarks and other

-

-

-

-

-

83

139

311

Purchase of property and equipment and other

1,059

555

462

485

133

20

224

313

Fees pertaining to issuance of common stock

-

-

-

-

-

10

-

-

Proceeds from loans from affiliates of controlling stockholders, net

-

-

-

14,857

-

-

-

-

Proceeds from sale of property and equipment

-

-

-

-

-

8

7

6

Proceeds from sale of businesses, net of transaction costs

-

-

-

-

-

-

1,111

-

Proceeds from the sale of businesses, net of transaction costs

-

-

-

-

-

-

-

1,147

Net cash used in investing activities

-

-

-

-

-

-7,686

755

429

Cash Flows from Financing Activities:
Acquisition of business and other, net of cash acquired

530

11,360

10,499

11,521

10,437

-

-

-

Net cash used in investing activities

-1,873

-12,930

-10,961

-12,006

-10,570

-

-

-

Repayments of related party notes payable

2,000

-

-

-

-

-

-

-

Proceeds from the issuance of common stock

-

16,192

8,960

8,614

4,950

-

-

-49

Net proceeds from revolving credit facility

12,640

3,967

13,266

8,760

-

-

-

-

Net proceeds from related party notes payable

10,655

-

-

-

-

-

-

-

Repayments of notes payable and short-term borrowings

-12,360

-360

-390

-1,552

860

-

-

-

Proceeds from the issuance of preferred stock, net of issuance costs

-

-

-

-94

9,964

-

-

-

Repayments of note payable

-

-

-

-

-

880

-

3,800

Net proceeds from exercise of employee stock options and warrants

-

-

-

-

265

-

320

14

Net cash provided by financing activities

8,935

19,799

21,836

30,585

16,039

-

-

-

Net cash provided by financing activities

-

-

-

-

-

14,235

320

-3,835

Net increase (decrease) in cash and cash equivalents

62

664

-5,814

4,276

-2,677

1,419

-2,294

-9,858

Cash paid during the period for interest

3,099

1,837

688

543

21

-

24

292

Non-cash investing and financing activities:
Contingent consideration for acquisitions

-

4,132

1,550

9,976

960

-

-

-

Issuance of promissory notes for acquisition

-

2,000

10,000

-

-

-

-

-

Deferred consideration for acquisition

-

-

350

-

-

-

-

-

Exchange of trade accounts payable for note

-

-

-

3,736

-

-

-

-

Conversion of preferred stock for common stock

-

-

-

36,843

1,006

-

-

-

Accrual of dividends on preferred stock

-

-

-

1,449

1,360

-

-

-

In-kind dividends on Series C preferred stock

-

-

-

1,000

-

-

-

-

Note receivable from sale of businesses

-

-

-

-

-

-

-

1,110