S&W Seed Co SANW Cash Flow

S&w seed co (SANW)

CashFlow / TTM

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
-18,235	-18,269	-14,398	-9,352	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-10,422	-11,822	-421	-1,180	-977	365	-221	-1,258	-4,163	-3,163	-2,265	-2,195	-542	373	-1,126	-2,600	-2,563	-2,516	-2,248	-355	-59	374	804	490	-34	-811	0	0	0
Adjustments to reconcile net loss from operating activities to net cash used in operating activities
Stock-based compensation
955	785	698	694	681	674	646	748	1,124	1,281	1,384	1,409	1,158	1,140	1,147	1,190	1,133	1,077	1,002	896	901	882	876	872	1,337	1,301	1,178	1,053	0	0	0	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	146	120	100	122	0	0	0
Change in allowance for doubtful accounts
533	1,114	1,163	996	395	-95	-96	78	370	470	470	449	123	24	17	16	58	67	82	83	0	0	0	-	-	-	-	-	-	-	-	-3	0	0	0	3	0	0	0
Inventory write-down
10,233	9,640	9,169	8,822	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
4,687	4,648	4,338	4,128	3,903	3,570	3,406	3,439	3,447	3,407	3,379	3,325	3,284	3,282	3,231	3,185	3,259	3,129	2,648	2,179	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposal of property, plant and equipment
12	102	97	86	95	-2	16	82	10	3	-12	-78	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in foreign exchange contracts
403	-129	-48	-52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in deferred tax asset
-	-	-	-	-	-	-	-	-	-	-	-7,269	195	512	2,441	2,721	3,471	3,507	2,558	1,402	918	1,486	714	512	3,111	1,664	1,697	1,663	-1,264	-107	-66	190	321	10	-267	-685	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,106	939	694	446	356	271	272	263	259	254	242	0	0	0
Change in foreign exchange contracts
-	-	-	-	-	-	-	-	254	-20	97	112	50	233	-666	-56	-19	-165	581	64	24	176	-70	-666	115	109	252	778	0	0	0	-	-	-	-	-	-	-	-
Change in derivative warrant liabilities
-	-	-	-	-	-	-	-431	-1,107	-2,117	-3,417	-1,517	-568	-253	-237	-1,903	-1,862	-86	857	1,396	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in estimated value of assets held for sale
-1,614	-1,614	-1,607	-1,521	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in contingent consideration obligation
-	-	-	-	-	-	-	-	-	-	-	231	131	266	257	55	75	26	-21	74	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
496	503	460	340	289	237	201	169	162	262	610	1,176	1,919	2,919	3,592	3,899	3,999	4,869	3,827	2,934	2,059	52	51	51	51	38	25	12	0	0	0	-	-	-	-	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	0	0	0
Changes in:
Accounts receivable
4,652	-11,812	744	-307	-2,128	-2,832	-11,177	-9,207	-8,292	-329	-2,006	-4,110	10,025	12,899	914	1,007	-938	-2,249	6,350	4,391	4,787	4,999	9,181	11,301	10,064	16,775	8,977	5,582	-5,774	-10,615	30	-909	-2,069	-2,395	-3,635	307	0	0	0
Unbilled accounts receivable
0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
-10,672	-2,988	753	13,331	18,110	12,523	7,264	29,860	25,563	27,358	20,326	9,343	-4,535	5,257	2,476	-3,561	5,818	-4,452	-1,449	-21,308	-13,757	-495	1,680	2,135	7,645	-1,464	7,784	3,548	-362	607	-2,498	-452	2,466	2,912	1,055	-2,947	0	0	0
Prepaid expenses and other current assets
410	520	-1,965	413	-42	-260	1,896	241	258	492	603	41	-528	-260	-51	201	746	740	481	318	-484	-68	-84	-273	1,103	214	271	354	-16	-177	6	-79	-80	83	26	17	0	0	0
Crop production costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,094	268	369	4,137	3,275	1,563	484	-2,827	-2,197	-803	-877	-987	-850	-554	-220	0	0	0
Other non-current asset
-180	-235	-227	-203	-503	-254	-254	-259	250	-14	-14	-9	39	39	39	-101	-47	201	201	341	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Accounts payable
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-1,052	5,159	8,107	9,157	-7,400	-8,188	9,101	6,309	767	3,069	-3,561	7,331	-11,158	-10,852	3,130	-2,230	-4,890	-4,610	-13,785	-6,517	2,583	88	1,004	2,928	934	1,513	1,082	464	-87	0	0	0
Accounts payable - related parties
-	-	-	-	-	-	-	-336	37	-3,743	-2,234	-64	-15	-1,430	-664	-718	-2,646	3,405	1,470	143	2,128	1,003	1,200	150	-1,556	-1,326	1,062	592	1,868	1,456	-982	88	119	-14	0	217	0	0	0
Deferred revenue
7,998	7,678	10,854	8,069	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-252	-93	-1,517	369	207	-385	-3,518	-15	-163	460	14,338	242	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses and other current liabilities
2,691	1,786	3,129	3,114	764	759	318	307	1,481	1,398	462	314	94	382	797	588	1,085	107	1,226	1,349	-65	498	-1,160	-912	383	185	1,282	1,101	147	152	88	285	62	-18	56	137	0	0	0
Other non-current liabilities
-1,133	-502	-733	-324	-12	-167	-41	21	152	373	239	163	-62	-45	0	-26	-29	-38	-39	8	8	-3	-1	-102	-106	-96	-100	-1	0	0	0	-	-	-	-	-	-	-	-
Net cash used in operating activities
-	-	-	-	-	-	-	-	-9,692	-20,983	-11,313	-10,300	-6,936	-4,526	3,340	6,714	-1,564	12,380	22,740	11,112	4,805	-1,661	-12,328	-17,867	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
35,336	33,710	19,210	21,295	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,354	-9,167	-807	34	2,586	1,617	-2,535	-3,699	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to property, plant and equipment
1,659	1,846	1,352	735	961	708	749	1,187	2,398	2,511	3,384	2,960	2,025	2,806	2,219	2,253	2,414	1,614	1,693	1,595	1,154	882	494	434	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,607	-6,606	-5,759	-384	-334	-340	-284	-397	0	0	0
Proceeds from disposal of property, plant and equipment
171	563	587	567	423	23	-210	45	917	923	1,133	877	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of germ plasm
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	57	57	57	0	0	0	0	-	-	-	-
Investment in Bioceres
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	7	359	359	354	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Additions to internal use software
0	0	7	43	43	43	36	0	38	37	79	156	240	285	325	359	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of wheat assets
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	165	0	0	0	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-1,518	-1,625	-2,330	-2,239	-3,234	-4,038	-3,807	-3,875	-2,938	-4,711	-31,392	-31,189	-30,750	-28,217	-829	-764	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	0	0	0
Net cash used in investing activities
-9,861	-2,158	-29,759	-26,565	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,664	-9,657	-5,810	-543	-493	-505	-449	-392	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Net proceeds from sale of common stock
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,876	17,882	8,468	8,468	5,006	0	0	0	-	-	-	-
Net proceeds from sale of common stock
-	-	-	-	-	-	-	22,459	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock repurchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net share settlements of stock-based compensation awards
73	29	39	39	39	27	63	115	143	182	177	143	132	127	110	109	136	128	110	114	158	171	188	303	206	174	141	0	0	0	0	-	-	-	-	-	-	-	-
Borrowings and repayments on lines of credit, net
-19,504	-28,940	-13,123	-21,289	25,579	19,700	9,690	5,439	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings and repayments on line of credit, net
-	-	-	-	-	-	-	-	-	-	-	10,488	14,525	10,489	-198	3,021	7,771	-824	-6,272	-766	3,148	2,876	11,121	8,914	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of long-term debt
3,267	249	465	2,359	2,530	2,459	14,742	12,590	13,027	12,692	255	280	61	221	513	573	617	949	595	509	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
970	936	414	411	411	354	296	257	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,625	2,669	2,625	2,625	0	0	0	0	-	-	-	-
Repayments of long-term debt
2,070	1,755	1,304	3,290	2,878	2,842	12,555	10,273	10,565	10,248	316	304	359	2,189	2,156	2,124	1,976	2,381	2,407	2,488	2,513	266	747	746	745	743	158	91	65	40	16	0	0	0	0	-	-	-	-
Repayments of convertible debt
-	-	-	-	-	-	-	-	-	-	-	4,721	7,551	12,060	14,379	14,104	11,320	10,517	7,187	5,045	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	10,813	25,611	12,531	6,202	7,111	5,338	-3,021	567	8,276	-7,193	14,928	22,405	26,517	32,163	10,286	7,944	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-19,352	-31,459	7,956	4,630	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,867	15,053	11,077	5,006	0	0	0	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EFFECT OF EXCHANGE RATE CHANGES ON CASH
-	-	-	-	-	-	-	-	66	344	154	176	112	114	372	-37	-141	-175	-211	40	400	46	51	73	-286	-150	-151	-148	0	0	0	-	-	-	-	-	-	-	-
NET INCREASE (DECREASE) IN CASH & CASH EQUIVALENTS
-	-	-	-	-	-	-	3,575	-332	3,346	-957	-6,159	-2,946	-3,112	-3,114	3,369	3,631	301	6,064	2,367	972	2,330	-2,819	-10,613	-12,411	-448	-3,518	3,545	7,848	-3,770	4,460	4,496	2,093	1,111	-2,984	-4,091	0	0	0
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Cash paid during the period for:
Interest
2,329	2,663	2,662	2,945	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes
130	133	20	69	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	0	0	0	-	-	-	1,838	2,085	1,491	2,398	1,797	1,491	1,057	687	645	555	710	632	506	362	73	41	36	19	19	0	0	0	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-102	104	226	210	442	388	334	452	210	168	230	210	353	343	895	777	629	689	0	0	21	22	22	22	0	0	0	0	0	0	0