Sigma labs, inc. (SGLB)
CashFlow / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-719,320

-741,846

-470,667

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Loss

-1,583,585

-1,642,452

-1,600,794

-1,593,491

-1,484,112

-1,693,658

-1,320,825

-1,388,804

-1,170,876

-1,492,220

-1,116,910

-835,728

-979,645

-

-

-

-

-

-

-

-371,881

-

-539,438

-1,795,909

-466,906

-229,596

-185,427

-122,478

-196,616

-35,811

-15,107

-379,911

-254,737

-248,858

-36,789

-384,514

-239,968

Adjustments to reconcile Net Loss to Net Cash used in operating activities:
Noncash Expenses:
Depreciation & Amortization

18,012

42,347

52,636

49,203

48,383

48,787

48,013

48,253

47,321

-

-

45,503

46,148

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock Options Awarded

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-Based Compensation

154,170

-

-

-

254,206

-

-

-

161,522

-

-

-

139,632

-

-

-

71,551

-

221,500

134,250

122,750

15,600

215,550

326,200

25,200

-

-

-

-

-

-

-

-

-

0

211,500

0

Securities Issued for Third Party Services

39,618

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant Expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,283,333

0

-

-

-

-

-

-

-

-

-

-

-

-

Stock Based Compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

50,000

16,500

0

125,000

0

-

-

-

22,000

Impairment of Intangible Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Amortization - Patents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

762

762

5,002

577

577

577

577

577

578

577

577

23,250

22,089

22,087

22,087

22,087

22,086

22,087

22,087

151

355

252

253

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44,825

44,186

42,868

43,539

41,862

40,938

40,405

15,674

1,593

1,536

1,537

1,436

2,167

1,548

5,436

5,463

5,409

5,480

5,480

5,533

5,285

4,666

4,667

Loss on Write-off of Asset

-

-

-

-

-

0

0

0

-36,733

-13,161

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of derivative liabilities

-

-

-

-

-

-

-

-

-

-280,114

0

0

93,206

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Discount Amortization

-

-

-

-

-

-

-

-

-

283,486

25,205

24,931

24,658

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt Discount Amortization

-

-

-

-

-

-

-

-

-

-

0

0

56,441

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in assets and liabilities:
Accounts Receivable

63,885

-25,663

43,221

-33,968

33,150

-73,239

48,529

-8,685

-32,343

-1,187

-129,742

78,113

-130,882

168,637

-133,059

73,523

-101,087

212,719

-49,756

-52,196

46,845

441,157

-19,625

-58,710

-177,103

104,620

45,547

60,429

-180,433

103,887

71,624

41

-166,243

25,675

20,031

60,045

-175,971

Interest Receivable

-

-

25,647

-28,599

1,561

1,764

1,985

-15,701

-22,438

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revaluation of derivative liability and debt discount related to notes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Note payable original issue discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Notes Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Increase) in Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

495

Accounts Payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

105,633

-

-13,485

-1,614

-212,409

212,898

59,229

-8,807

-56,247

1,098

-37,665

59,645

-27,048

-47,358

74,863

15,783

-90,545

13,568

-48,603

76,375

-9,116

Accrued Expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,107

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Receivable

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventory

-92,915

-113,869

142,161

273,555

56,785

3,564

68,380

29,224

-76,324

3,798

-38,920

26,854

13,732

102,582

-6,235

144,822

-74,057

-30,468

14,350

-26,197

6,269

-103,105

30,801

14,489

2,807

1,167

0

0

0

-

-

-

-

-

-

-

-

Prepaid Assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,622

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid Assets

-63,006

5,281

177,728

-23,724

25,187

-23,834

15,873

7,675

1,938

3,117

12,720

8,159

-7,039

-

-

-

-

-

-

-

-8,457

-

-10,853

11,889

-8,319

12,681

-5,329

2,164

-10,605

13,707

4,407

-5,254

-14,892

-

-

-

-

Accounts Payable

-243,000

304,055

55,004

-137,828

288,395

-52,916

-17,975

22,565

164,930

-13,863

-22,858

-142,415

167,845

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred Revenue

-45,330

39,604

21,070

-2,550

29,825

-2,732

-15,476

9,675

24,351

-3,315

0

0

35,680

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued Expenses

42,383

-76,681

-71,816

-18,895

-86,783

189,704

19,033

27,160

-5,396

-69,926

54,235

3,555

36,665

-

-

-

-

9,847

12,449

3,065

1,510

-1,589

-2,794

-2,221

12,720

2,267

5,066

4,343

-487

2,019

11,057

-6,394

-185

-9,955

29,334

0

0

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-463,705

-

-265,605

-162,959

-300,504

-187,473

-137,488

-30,748

44,410

-

-

-

-

-

-

-

-

NET CASH USED IN OPERATING ACTIVITIES

-1,525,696

-1,016,226

-1,760,929

-1,670,881

-1,066,769

-1,067,032

-1,223,420

-860,270

-612,249

-687,999

-659,334

-850,507

-440,553

-

-

-

-393,028

-

-

-

-

-

-

-

-

-

-

-

-

-154,694

22,277

-212,742

-136,765

-285,431

-69,009

-174,341

-46,688

INVESTING ACTIVITIES
Purchase of Property and Equipment

-

-

-

-

-

-

-

-

-

-

5,001

-21,620

33,000

-4,413

1,477

50,860

-25,430

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of Property and Equipment

11,474

0

9,691

22,527

1,269

23,969

13,179

25,403

16,565

-

-

-

-

-

-

-

-

-

-

-

7,357

-

259,781

0

0

3,254

8,359

0

0

551

0

0

0

0

0

8,904

0

Purchase of Intangible Assets

39,055

16,302

50,798

32,564

74,560

42,257

47,005

20,605

39,542

33,499

15,444

4,613

17,441

3,776

14,721

81,823

-34,988

86,099

-10,648

-2,694

1,347

-33,650

5,116

872

0

15,544

0

0

0

20,909

0

0

0

13,160

0

0

0

Advance of Funds for Notes Receivable

-

-

-

-

-

-

-

-

-

13,233

13,233

1,262,034

-500,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment Received from Notes Receivable

-

1,391

105,522

0

15,000

0

0

132,197

500,000

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH USED IN INVESTING ACTIVITIES

-50,529

-14,911

45,033

-55,091

-60,829

-66,226

-60,184

86,188

443,894

-99,814

-33,678

-245,027

-550,441

637

-7,476

-11,847

-60,418

-

-

-

-

-

-

-

-

-

-

-

-

-21,460

0

0

0

-13,160

0

-8,904

0

FINANCING ACTIVITIES
Gross Proceeds from Public and Private Issuances of Securities

2,100,000

-

-

-

1,961,220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gross Proceeds from issuance of Common Stock and Warrants

-

-

-

-

-

-

-

-

-

0

0

0

5,823,300

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,011,765

-682,500

682,500

Less Offering Costs

428,876

-6,625

329,064

45,000

281,890

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of Note Payable

50,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of Warrants

499,200

0

0

0

75,848

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Offering Costs Paid

-

-

-

-

-

-

-

-

-

-

0

-153,013

-597,651

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Acquired (Paid) in Reorganization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,613

0

0

0

NET CASH PROVIDED BY FINANCING ACTIVITIES

2,120,324

6,626

2,130,936

515,000

1,755,178

-

-

-

-

-388,000

0

-153,013

5,225,649

900,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

342

12,613

0

329,265

682,500

NET CHANGE IN CASH FOR PERIOD

544,099

-1,024,511

415,040

-1,210,972

627,580

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CHANGE IN CASH FOR PERIOD

-

-

-

-

-

-

-

-

-168,355

-1,175,813

-693,012

-1,248,547

4,234,655

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET CASH (USED) BY INVESTING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,704

-

-264,897

-872

0

-18,798

-8,359

0

0

-

-

-

-

-

-

-

-

Proceeds from Sale of Stock Subscriptions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

500,000

3,500,000

-1,153

871,099

300,000

0

-

-

-

-

-

-

-

-

Deferred Stock Offering Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

Stock Offering Costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

108,380

25,035

181,663

-

-

-

-

-

-

-

-

-

-

-

-

Contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

0

0

0

342

0

0

0

0

NET CASH PROVIDED BY FINANCING ACTIVITIES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-108,380

474,965

3,318,337

-18,579

899,412

300,000

0

-

-

-

-

-

-

-

-

NET CASH DECREASE FOR PERIOD

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-453,446

-

-387,463

-265,342

-472,409

-720,464

-638,882

311,134

3,017,833

-224,850

753,565

269,252

44,410

-176,154

22,277

-212,742

-136,423

-285,978

-69,009

146,020

635,812

Supplemental Disclosures:
Common Stock Issued for Cashless Exchange of UPOs

-

-

-

-

88,431

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Paid-in-Kind Dividend and Common Stock Issued for Preferred Dividends

315,247

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Disclosure of cash paid for:
Issuance of Common Stock for services

-

-

-

-

-

-

-32,490

216,264

40,000

-

-

0

51,408

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest

1,458

2,555

0

1,486

1,028

-

-

-

-

38,930

0

30,304

20,114

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-2

0

114

0

0

0

0

0

Income Taxes

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Issuance of Common Stock for services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

107,267

44,998

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0