Senseonics holdings, inc. (SENS)
CashFlow / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14
Cash flows from operating activities
Net loss

-115,549

-87,259

-99,641

-101,063

-93,971

-102,925

-88,423

-68,301

-59,101

0

0

0

-

-

-

-

-

-

-

-

-

-

Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-41,094

-29,877

-12,872

-12,852

0

0

0

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

1,001

427

584

418

270

260

239

236

227

0

0

0

-

-

-

-

-

-

-

-

-

-

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Non-cash interest expense (debt discount and deferred costs)

8,457

7,700

3,628

3,602

3,317

2,529

1,746

961

453

504

461

345

252

0

0

0

-

-

-

-

-

-

Change in fair value of warrants

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative liabilities

-29,232

-48,881

-22,182

-7,128

-209

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation expense

8,052

8,188

7,611

6,983

6,412

5,929

5,332

4,625

3,993

3,381

2,986

2,614

2,421

0

0

0

-

-

-

-

-

-

Provision for inventory obsolescence and net realizable value

3,970

-53

79

160

201

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized gain on marketable securities

-

-

-

-

115

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in assets and liabilities:
Accounts receivable

3,282

2,167

2,814

-782

3,715

2,038

2,188

2,742

3,131

0

0

0

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

527

139

1,896

1,339

1,893

2,824

3,633

2,622

1,727

1,307

-348

-452

-659

0

0

0

-

-

-

-

-

-

Inventory

10,668

12,006

10,722

9,282

7,441

7,740

5,183

5,065

2,741

2,292

3,322

233

477

0

0

0

-

-

-

-

-

-

Deposits and other assets

-

-

-

-86

-59

0

0

0

-

-

-

-

-43

0

0

0

-

-

-

-

-

-

Accounts payable

-122

-707

-483

-1,738

-3,395

-1,255

2,190

1,761

4,642

-223

-2,110

-163

1,817

0

0

0

-

-

-

-

-

-

Accrued expenses and other current liabilities

4,827

8,907

6,863

7,512

8,355

1,342

2,325

913

823

4,015

2,728

218

893

0

0

0

-

-

-

-

-

-

Deferred revenue

-628

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued interest

388

-758

558

635

710

772

813

807

781

715

631

56

-54

0

0

0

-

-

-

-

-

-

Deferred rent

-

-

-

-

-

0

0

11

-

20

24

34

25

0

0

0

-

-

-

-

-

-

Increase (decrease) in accrued expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-6

15

0

0

0

Net cash used in operating activities

-136,047

-125,160

-116,259

-100,424

-90,771

-83,386

-71,905

-64,622

-55,739

0

0

0

-

-

-

-

-

-12

-10

0

0

0

Cash flows from investing activities
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Capital expenditures

1,045

1,257

1,549

1,368

989

731

325

330

345

324

313

470

479

0

0

0

-

-

-

-

-

-

Payments on right of use liability, building

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales and maturities of marketable securities

-

-

-

-

28,350

32,350

33,350

31,209

20,300

0

0

0

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-1,045

4,743

6,451

2,749

19,426

16,370

-110

-2,302

-13,226

0

0

0

-

-

-

-

-

-

-

-

-

-

Cash flows from financing activities
Proceeds from promissory note payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

Proceeds from Notes, net of costs

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Solar Term Loan, net of costs

-

-

-

-

-

-

-

-

-

0

0

25,000

-

0

0

0

-

-

-

-

-

-

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Proceeds from issuance of common stock, net of issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

Proceeds from exercise of stock options and stock warrants

108

335

1,540

1,902

2,259

2,066

914

486

287

0

0

340

-

0

0

0

-

-

-

-

-

-

Repayment of Oxford and SVB Term Loan

15,000

0

0

9,999

-

-

0

0

-

-

-

-

12,500

0

0

0

-

-

-

-

-

-

Financing costs of notes

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Principal payments under capital lease obligations

-

-

-

-

20

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

96,237

93,965

-8,824

140,448

191,988

194,265

222,485

116,055

72,068

0

0

0

-

-

-

-

-

13

4

0

0

0

Net (decrease) increase in cash and cash equivalents

-40,855

-26,452

-118,632

42,773

120,643

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

0

-

-

-

0

Net cash provided by financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Net (decrease) increase in cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Supplemental disclosure of cash flow information
Cash paid during the period for interest

5,233

4,568

4,040

4,360

3,136

3,294

1,973

1,943

1,830

0

0

0

-

-

-

-

-

-

-

-

-

-

Supplemental disclosure of non-cash investing and financing activities
Convertible debt offering costs incurred

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

834

660

0

0

0

0

0

Income taxes paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0