S&W Seed Co SANW Cash Flow

S&w seed co (SANW)

CashFlow / Quarterly

Mar'20	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	Dec'10	Sep'10
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
-3,329	-6,615	-5,024	-3,265	-3,364	-2,744	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-1,817	-11,091	1,327	1,158	-3,217	309	567	1,361	-1,874	-276	-469	-1,542	-874	620	-398	110	41	-879	-1,872	146	88	-611	20	443	522	-181	-293	-82	-254
Adjustments to reconcile net loss from operating activities to net cash used in operating activities
Stock-based compensation
325	309	158	160	156	222	155	148	149	193	257	523	306	296	282	272	289	303	324	215	233	228	219	220	215	222	215	685	178	99	90	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	42	24	30	22	22	46
Change in allowance for doubtful accounts
-90	-48	12	659	490	0	-154	58	0	0	20	349	99	0	0	24	0	-6	-1	65	8	8	0	-	-	-	-	-	-	-	-	0	0	0	-3	3	0	0	0
Inventory write-down
593	470	347	8,822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
1,209	1,346	1,064	1,066	1,171	1,035	855	841	838	870	888	850	798	842	834	809	796	791	788	883	666	310	319	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of property, plant and equipment
7	1	11	-7	97	-3	0	1	0	15	66	-70	-7	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in foreign exchange contracts
476	-117	43	0	-56	-36	39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-7,717	-585	-135	1,170	-252	-269	1,793	1,450	497	-233	844	293	14	333	73	92	2,612	-1,113	106	57	-315	44	146	313	-183	-266	-130	-104
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	317	314	320	154	150	69	71	64	65	71	62	60	60	59
Change in foreign exchange contracts
-	-	-	-	-	-	-	-	91	139	-38	62	-183	258	-23	-0	0	-642	586	36	-146	104	69	-3	6	-143	-525	778	0	0	0	-	-	-	-	-	-	-	-
Change in derivative warrant liabilities
-	-	-	-	-	-	-	0	0	341	-772	-676	-1,009	-959	1,127	272	-694	-943	-539	314	1,082	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in estimated value of assets held for sale
0	-7	-85	-1,521	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	153	-86	57	107	53	48	47	-95	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
96	111	185	102	103	68	66	50	51	33	33	44	150	381	599	787	1,150	1,055	906	887	2,020	13	13	12	12	12	12	12	0	0	0	-	-	-	-	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-95	0	-49	-	-28	-129	-94	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-5
Changes in:
Accounts receivable
6,544	-4,143	974	1,276	-9,920	8,413	-77	-543	-10,624	67	1,892	370	-2,660	-1,609	-211	14,506	213	-13,593	-118	12,559	-1,096	-4,993	-2,077	12,955	-885	-812	42	11,719	5,825	-8,610	-3,352	362	985	2,035	-4,292	-797	659	794	-348
Unbilled accounts receivable
-524	524	0	-	-6,948	1,676	9,530	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-8,755	1,863	3,330	-7,110	-1,071	5,605	15,907	-2,331	-6,658	347	38,503	-6,628	-4,863	-6,684	27,521	-20,508	4,929	-9,466	21,482	-11,128	-5,340	-6,462	1,624	-3,577	7,921	-4,287	2,079	1,932	-1,188	4,961	-2,156	-1,979	-218	1,856	-111	939	227	-1	-4,113
Prepaid expenses and other current assets
191	87	-104	236	301	-2,398	2,274	-220	83	-242	620	-203	318	-131	58	-773	585	77	311	-227	579	-180	147	-1,031	995	-196	-41	345	106	-139	41	-25	-53	44	-44	-26	110	-13	-53
Crop production costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	848	719	-567	94	22	819	3,201	-767	-1,689	-259	-110	-136	-295	-334	-220	0	0	0
Other non-current asset
70	-7	-24	-218	15	0	0	-519	264	0	-4	-9	0	0	0	39	0	-0	-140	92	249	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Accounts payable
-1,959	-638	7,282	-	-17,129	-7,401	31,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-6,288	-20,370	-14,175	39,781	-76	-17,421	-13,125	23,223	-865	-131	-15,917	17,681	1,436	-6,763	-5,023	-809	1,743	7,220	-10,384	-3,469	2,022	-1,954	-3,117	5,632	-471	-1,038	-1,193	3,638	108	-1,469	-1,812	3,086
Accounts payable - related parties
-	-	-	-	-	-	-	-120	-0	-889	673	254	-3,781	618	2,843	303	-5,196	1,385	2,789	-1,625	856	-550	1,462	360	-269	-352	412	-1,346	-39	2,035	-57	-70	-451	-403	1,014	-40	-585	-388	1,230
Deferred revenue
-1,701	-1,610	2,677	8,633	-2,022	1,566	-107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	52	-9,320	8,705	309	211	-10,745	10,593	147	-381	-13,878	14,096	0	242	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other current liabilities
1,374	-854	-89	2,260	469	489	-104	-88	463	48	-115	1,084	380	-886	-263	865	668	-472	-472	1,362	-309	646	-350	-52	254	-1,012	-102	1,243	56	84	-283	290	61	19	-86	67	-19	95	-5
Other non-current liabilities
-702	195	-414	-212	-71	-36	-4	100	-227	90	57	231	-6	-43	-18	4	11	2	-45	1	1	2	2	1	-10	4	-98	-1	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	291	-23,255	6,586	6,685	-10,999	-13,585	7,599	10,048	-8,589	-5,717	10,974	1,768	5,355	4,641	-653	-4,538	-1,111	-6,025	-6,191	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-1,241	-5,630	2,143	40,065	-2,868	-20,129	4,228	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,227	-5,661	-129	-2,790	-585	2,698	711	-237	-1,555	-1,454	-451
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment
313	631	816	-101	500	137	199	124	247	178	636	1,336	360	1,051	212	400	1,140	464	247	561	340	543	149	120	69	155	89	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,003	-928	-5,467	-207	-2	-81	-93	-157	-8	-25	-206
Proceeds from disposal of property, plant and equipment
7	0	20	143	399	24	0	-0	0	-209	256	871	6	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of germ plasm
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	57	0	0	0	0	-	-	-	-
Investment in Bioceres
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-0	4	2	351	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Additions to internal use software
0	0	0	0	0	7	36	0	0	0	0	38	-0	41	76	122	44	81	110	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of wheat assets
0	0	2,633	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	165	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-247	-388	-380	-502	-353	-1,093	-289	-1,498	-1,157	-862	-357	-561	-2,929	-27,543	-154	-122	-396	-155	-89	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4
Net cash used in investing activities
-7,803	1,125	-3,429	245	-100	-26,475	-235	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,003	-3,928	-5,524	-207	3	-81	-258	-157	-8	-25	-201
CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from sale of common stock
0	0	0	-	0	0	4,927	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	9,413	0	3,462	5,006	0	0	0	-	-	-	-
Net proceeds from sale of common stock
-	-	-	-	-	-	-	0	-59	12,047	10,472	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	112	21	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net share settlements of stock-based compensation awards
49	8	7	8	5	18	6	8	-6	55	58	36	32	50	24	25	27	33	23	52	18	16	26	96	31	33	141	0	0	0	0	-	-	-	-	-	-	-	-
Borrowings and repayments on lines of credit, net
12,905	7,354	-706	-39,058	3,469	23,171	-8,872	7,810	-2,410	13,162	-13,123	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings and repayments on line of credit, net
-	-	-	-	-	-	-	-	-	-	-	-8,837	13,679	12,281	-6,634	-4,800	9,643	1,593	-3,414	-50	1,047	-3,854	2,090	3,864	776	4,390	-115	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of long-term debt
3,425	0	258	-417	407	216	2,152	-246	336	12,500	0	190	1	62	25	-27	161	354	85	15	493	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
90	838	41	0	56	315	38	0	0	257	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-44	44	0	2,625	0	0	0	0	-	-	-	-
Repayments of long-term debt
708	805	342	215	393	354	2,327	-196	356	10,067	46	95	39	135	34	150	1,870	102	2	2	2,274	127	83	27	27	609	82	26	25	24	16	0	0	0	0	-	-	-	-
Repayments of convertible debt
-	-	-	-	-	-	-	-	-	-	-	0	1,293	1,011	2,416	2,830	5,802	3,330	2,141	45	5,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-2,483	24,829	-2,756	-8,776	12,314	11,749	-9,084	-7,867	10,541	3,390	-5,496	-158	-4,928	25,511	1,980	3,953	717	3,635	-362	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
15,482	5,703	-839	-39,698	3,375	45,120	-4,165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,814	3,975	6,071	5,006	0	0	0	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH
-324	87	-239	-	6	-78	-114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS
6,113	1,286	-2,364	-	412	-1,562	-286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH
-	-	-	-	-	-	-	-	-26	-37	112	17	251	-226	134	-46	252	31	-276	-149	218	-4	-24	211	-135	0	-2	-148	0	0	0	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS
-	-	-	-	-	-	-	1,332	-2,466	1,147	3,561	-2,575	1,212	-3,156	-1,639	636	1,046	-3,158	4,843	899	-2,283	2,605	1,147	-496	-925	-2,544	-6,646	-2,294	11,037	-5,614	416	2,008	-581	2,616	453	-394	-1,563	-1,479	-653
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for:
Interest
548	440	385	955	883	438	667	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
-0	76	0	53	2	-36	49	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	345	510	266	-	-	-	311	1,162	-408	772	558	568	498	172	251	134	129	130	161	288	51	4	17	0	19	0	0	0	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-160	6	35	15	46	127	20	247	-7	73	138	4	-49	136	118	148	-59	689	0	0	0	0	0	21	0	0	0	0	0	0	0