Srax, inc. (SRAX)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash Flows From Operating Activities
Net income (loss)

-16,859

8,744

-13,032

-4,248

-2,723

-4,411

-1,747

-1,258

Adjustments to reconcile net loss to net cash used in operating activities:
Non-cash financing costs

-

-

2,068

-

-

-

-

-

Gain (loss) on sale of assets

658

22,108

-

-

-

-

-

-

Amortization of stock based prepaid fees

-

-

-

373

634

654

237

58

Stock to be issued for services

-

-

-

678

0

-

-

-

Stock based compensation

1,167

1,879

2,085

1,200

840

1,203

631

41

Gain/Loss on valuation of warrant derivatives

-

-

4,134

-

-

-

-

-

Warrant modification costs

-

-

-

274

0

-

-

-

Amortization of debt issue costs

-

1,026

-

-

-

-

-

-

Change in fair value of derivative liabilities

1,045

8,954

-

-

-

-

-

-

Loss on settlement

-

-3,240

-

-

-

-

-

-

Loss on fair value of investments

-6

-

-

-

-

-

-

-

Fair value of common stock issued for settlement of original issue discount

219

-

-

-

-

-

-

-

Amortization of debt issuance costs

-

-

1,082

1,076

1,252

256

274

0

Amortization of debt discount

-

4,295

1,189

0

-

-

-

-

Loss on repricing of warrants

342

-

-

-

-

-

-

-

PIK Interest expense accrued to principal

-

-

-

511

390

63

0

-

Impairment of goodwill

-

-

-

670

0

-

-

-

Write off of non-compete agreement

-

-

468

0

-

-

-

-

Digital currency assets impairment loss

-

32

-

-

-

-

-

-

Accretion of contingent consideration

-

-

-

-3,585

853

148

0

-

Accretion of put liability

-

-

-

63

176

27

0

-

Depreciation and amortization

-

-

-

-

-

14

-

-

Provision for bad debts

482

-12

-195

119

86

26

-

-

Depreciation expense

74

44

22

21

17

-

7

3

Amortization of intangibles

1,089

724

505

365

394

-

-

-

Changes in operating assets and liabilities
Accounts receivable

-1,638

-960

-4,261

6,817

3,287

1,196

388

-758

Prepaid expenses

106

215

135

23

86

170

46

0

Tax refunds receivable

-

-

-

-

-

-

-38

0

Other current assets

-81

214

-

-29

28

-17

0

-0

Other assets

-

-

288

0

10

0

0

3

Accounts payable and accrued expenses

-2,214

-3,103

-6,535

8,020

2,254

861

513

-133

Other current liabilities

434

-

-

-

-

-

-

-

Unearned revenue

-

-

-

-1

-24

25

0

-

Net cash used in operating activities

-

-

-

-

739

-2,481

-

-

Deferred tax liability

-

-

-

-

-

-

-

38

Net Cash Used in Operating Activities

-15,350

-13,663

-4,367

-1,270

-

-

-478

-570

Cash Flows From Investing Activities
Proceeds from sale of SRAXmd, net

570

22,981

-

-

-

-

-

-

Cash paid for acquisition

-

-

-

-

-

2,000

0

-

Cash acquired in acquisition

-

-

-

-

-

32

0

-

Purchase of equipment

73

82

121

32

33

6

19

18

Digital currency assets

-

63

-

-

-

-

-

-

Development of software

1,292

961

634

119

0

-

-

-

Net cash used in investing activities

-

-

-

-

-33

-1,974

-

-

Net Cash Used by Investing Activities

-795

21,875

-756

-152

-

-

-19

-18

Cash Flows From Financing Activities
Proceeds from the issuance of common stock units

12,197

-

4,020

4,643

0

3,950

2,436

472

Proceeds from the issuance of common stock in conjunction with warrant exercised

-

100

-

-

-

-

-

-

Proceeds from secured convertible debentures, net

-

-

6,066

0

-

-

-

-

Repayments of notes payable

-

6,545

3,996

3,763

4,364

0

550

0

Cost of common stock sale

-

-

-

-

-

16

48

-

Repurchase of common stock

-

-

-

-

-

-

175

0

Cost of common stock sale

-

-

-

-

-

-

5

0

Proceeds from warrant offering

-

-

-

-

6

2

0

-

Proceeds from sales of common stock units

-

-

-

-

-

-

-

0

Cost of sale of common stock units

-

-

-

-

-

-

-

0

Proceeds from the exercise of warrants

1,196

-

1,085

0

-

-

-

-

Proceeds from notes payable

-

-

-

2,100

2,900

1,227

486

0

Payment of contingent consideration

-

-

-

1,600

0

-

-

-

Payment of Financing Warrant

-

-

1,500

0

-

-

-

-

Debt issuance costs

-

-

582

0

-

579

36

0

Net cash provided by (used in) financing activities

-

-

-

-

-1,457

4,584

-

-

Net Cash Provided by Financing Activities

13,393

-6,445

5,092

1,380

-

-

2,108

472

Net increase (decrease) in Cash

-2,752

1,767

-

-

-

-

-

-

Net increase / (decrease) in cash and cash equivalents

-

-

-31

-42

-752

128

1,609

-115

Supplemental disclosure of cash flow information:
Cash paid for interest

136

1,531

1,217

1,312

-

-

-

-

Cash paid for interest

-

-

-

-

1,133

157

38

0

Cash paid for taxes

-

-

-

-

-

0

-38

38

Noncash investing and financing activities:
Shares issued for convertible note conversions

-

-

3,335

-

-

-

-

-

Repurchase of series B warrants directly paid by debenture holder on behalf of the Company

-

-

-

0

-

-

-

-

Shares issued for convertible note conversions

-

-

-

0

-

-

-

-

Put liability on issuance of warrants

-

-

-

0

-

-

-

-

Repricing of warrants

-

-

99

0

-

-

-

-

Common stock issued and Initial warrant liability accounted for assets purchase arrangement

-

-

617

0

-

-

-

-

Fees and costs deducted from proceeds of debt

-

-

-

-

-

1,352

63

0

Warrant put liability in conjunction with notes payable

-

-

-

-

-

1,232

0

-

Common and preferred stock issued as prepayment for services

-

-

-

-

-

-

1,735

0

Common stock warrant issued as prepayment for services

-

-

-

-

-

-

105

0

Common stock issued as payment of financing fee

-

-

-

-

-

-

175

0

Common stock issued as payment of accounts payable

-

-

-

-

-

-

3

0

Common stock Class A issued upon conversion of common stock Class B

-

-

-

-

-

-

9

0

Net assets and liabilities recognized with the acquisition of Steel Media

-

-

-

-

-

17,562

0

-

Issuance of stock for the acquisition of Five Delta, Inc.

-

-

-

-

-

756

0

-

Common stock issued for preferred stock conversion and vesting grants

-

150

-

-

-

0

0

-

Common stock issued for preferred stock conversion and vesting grants

-

-

-

0

0

-

-

-

Proceeds paid by Fastpay on behalf of Social Reality

-

-

-

5,507

0

-

-

-

Issuance of placement agent warrants

-

-

-

0

-

-

-

-

Issuance of common stock to be issued

-

880

-

0

-

-

-

-

Shares issued for convertible note conversions

-

300

-

-

-

-

-

-

Common stock received in lieu of cash for account received

50

-

-

-

-

-

-

-

Common stock issued for preferred stock conversion and vesting grants

-

-

-

2,400

0

-

-

-

Common stock issued to settle liabilities

219

-

-

-

-

-

-

-

Record right to use assets

-526

-

-

-

-

-

-

-

Record operating lease liability

526

-

-

-

-

-

-

-

Accounts payable paid directly through escrow

-

-

-

-

-

98

0

-

Steel Media partial purchase consideration paid directly through escrow

-

-

-

-

-

7,500

0

-

Contribution of member interests (net assets) in Social Reality, LLC in exchange for common stock

-

-

-

-

-

-

-

722

Debt and warrants discount on convertible debentures issuance

-

-

5,126

0

-

-

-

-

Repurchase of series B warrants and accounts payable balances directly paid by debenture holder on behalf of Company

-

-

4,113

-

-

-

-

-