Staar surgical co (STAA)
CashFlow / Quarterly
Apr'20Jan'20Sep'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
Cash flows from operating activities:
Net income (loss)

-134

6,379

2,388

3,914

1,367

1,096

1,459

1,830

583

-138

1,173

-971

-2,203

-167

-1,778

-2,143

-8,041

-843

-1,752

-1,598

-2,340

-2,538

-2,706

-1,789

-1,359

-876

525

278

471

-1,414

-90

-491

232

109

78

861

300

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation of property, plant, and equipment

766

812

870

761

1,222

638

624

619

549

789

796

792

756

731

696

646

591

633

567

499

497

558

539

528

453

386

485

471

369

320

362

310

317

579

292

291

307

Amortization of intangibles

9

8

9

9

8

8

9

8

9

55

56

56

54

57

60

57

54

51

51

51

52

65

104

107

106

106

109

108

117

127

175

175

175

202

201

197

197

Deferred income taxes

-1,369

-4,007

133

314

79

78

5

266

92

-711

155

16

-7

442

-4

-163

-1,639

621

-113

83

-118

-1,002

104

33

24

324

-349

122

7

29

32

25

57

217

32

74

44

Fair value adjustment of warrant

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-27

-118

-10

-221

14

146

153

-79

-103

Change in net pension liability

173

95

61

84

119

-2

74

72

87

91

65

-36

66

101

170

102

118

54

41

45

50

76

35

38

45

38

67

-1

58

18

51

64

72

110

85

2

60

Loss on disposal of property and equipment

-3

-

-

-

-

-2

-2

0

-6

-601

-22

0

0

-157

-48

-17

0

-

-

-

-

-

-

-

-

-28

-113

-87

28

-84

-16

-31

0

1

0

-28

14

Stock-based compensation expense

2,921

2,769

2,558

2,579

2,641

1,836

2,027

1,598

1,301

976

807

868

510

415

385

300

7,458

557

924

829

994

-73

1,553

1,683

1,500

1,565

905

985

1,034

891

836

794

687

584

523

452

355

Accretion of asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

0

1

1

1

1

2

2

5

16

0

0

0

-

-

-

-

Provision for sales returns and bad debts

80

-34

341

2

-34

13

248

130

514

277

120

-166

232

106

10

111

-22

14

88

144

99

107

74

56

-55

-

-

-84

-27

117

31

-31

-40

390

-38

-113

81

Inventory provision

336

358

435

332

455

292

428

247

506

472

478

488

301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in working capital:
Accounts receivable

3,462

242

-2,273

5,979

554

2,051

-2,401

3,635

2,755

1,898

-62

645

-624

2,478

-1,772

-252

317

2,912

308

1,676

56

-205

-756

1,600

295

1,515

-806

1,907

322

686

-576

222

-556

-1,195

1,367

929

-666

Inventories

491

771

285

-113

7

569

2,089

1,140

396

413

183

-807

-101

9

209

133

-564

2,969

172

-1,052

-617

752

1,098

956

1,137

896

778

217

-288

286

390

-88

432

-156

-538

1,327

-548

Prepayments, deposits, and other current assets

2,446

1,083

-924

-1,163

2,317

-423

132

159

730

-700

486

-805

1,083

-267

700

-494

912

-119

-131

-1,179

573

1,269

-227

-1,250

1,270

449

107

-74

581

383

-223

-527

665

-186

308

-450

473

Accounts payable

907

538

-17

748

-185

-1,878

1,165

-1,082

2,038

250

-984

-610

-1,157

413

-686

1,715

-435

1,005

1,003

-253

-1,741

989

857

-264

-610

756

734

205

-1,328

1,458

645

11

-1,100

681

72

-186

-87

Other current liabilities

-5,464

4,971

2,090

-563

-2,063

2,459

1,895

1,022

726

61

1,023

-2,075

1,114

-138

1,428

74

-398

26

628

450

309

111

-810

-557

3

353

514

497

-522

-582

83

543

-390

398

-36

376

-1,169

Net cash provided by (used in) operating activities

-8,171

9,793

11,794

3,477

731

2,345

8,116

-224

2,530

1,112

3,104

-671

-692

128

1,389

2,511

-2,979

-1,845

1,088

804

-2,209

-3,523

-364

-1,470

-2,594

-73

3,072

788

-432

-489

2,478

1,665

-437

-64

2,499

2,361

550

Acquisition of property and equipment

2,185

2,926

2,568

2,398

2,203

524

452

304

965

77

345

378

246

496

718

985

1,006

762

582

373

328

1,537

248

855

1,414

464

967

799

1,218

1,110

328

546

287

240

515

163

44

Acquisition of patents and licenses

-

53

0

0

30

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2

-68

0

68

0

-

-

-

-

-

-

-

-

0

0

0

26

Decrease in restricted cash, including reinvested interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-129

-

-

-

-

Net change in other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48

Net cash used in investing activities

-2,185

-2,979

-2,568

-2,398

-2,233

-524

-452

-304

-965

-77

-345

-378

-246

-496

-718

-985

-1,006

-762

-582

-373

-326

-1,605

-248

-787

-1,414

-464

-967

-799

-1,218

-1,114

-328

-546

-158

-241

-514

-164

30

Cash flows from financing activities:
Repayment of finance lease obligations

236

296

317

316

365

511

515

501

380

316

323

360

301

122

118

92

92

85

96

95

115

118

121

205

46

166

197

236

242

122

181

243

195

163

184

97

131

Repayment on line of credit

505

506

513

500

499

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase of employee common stock for taxes withheld

-

-

-

-

-

-

-

-

-

0

0

17

217

0

0

0

611

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from vested restricted stock and exercise of stock options

-

-

-

-

-

-

-

-

-

-

313

1,366

597

-

915

730

7

-

-

-

421

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from the exercise of stock options

2,004

1,630

719

488

622

615

2,175

1,952

453

-

-

-

-

-

-

-

-

-

-

-

-

229

161

444

2,188

563

1,771

929

23

412

152

113

837

360

1,767

610

606

Proceeds from vested restricted stock

1

0

0

0

2

0

0

1

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

1,264

828

-111

-328

-240

-446

73,559

1,452

74

1,379

-10

989

79

1,060

797

1,792

-696

-64

157

4,180

306

111

40

239

2,142

397

1,574

693

-219

3,800

-29

-130

642

197

1,583

513

475

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-25

-1

-39

267

-24

308

-274

-449

612

-26

-54

-1

360

-977

128

402

247

-8

83

-85

25

-329

-255

134

-18

-257

-53

-200

-563

-275

88

110

-184

-65

187

78

-219

Decrease in cash, cash equivalents and restricted cash

-9,117

7,641

9,076

1,018

-1,766

1,683

80,949

475

2,251

2,388

2,695

-61

-499

-285

1,596

3,720

-4,434

-2,679

746

4,526

-2,204

-5,346

-827

-1,884

-1,884

-397

3,626

482

-2,432

1,922

2,209

1,099

-137

-173

3,755

2,788

836