STAFFING 360 SOLUTIONS, INC. STAF Cash Flow

Staffing 360 solutions, inc. (STAF)

CashFlow / Quarterly

Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Sep'18	Jun'18	Mar'18	Dec'17	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Nov'16	Sep'16	Aug'16	Jun'16	May'16	Mar'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
-2,544	-1,108	-1,471	229	-1,406	-	-1,980	-1,844	-1,271	-	-	-	-	-	-	-1,426	-	-1,294	-	-812	-2,722	-	-3,178	-1,692	-	-	-	-	-9,042	-1,763	-1,423	-427	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-184	-8,727	-4,625	-	-	-	-	-	-	-	-	-	-	-	-
Net Loss
-	-	-	-	-	-	-	-	-	-	-	-	-430	-3,081	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-786	-218	-206	-213	-16	-3	-11
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Net loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-9	-37	-	-	-	-	-	-	-	-	-	-	-	-
Donated services and rent expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	1	1
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	78	-	79	-	76	-	64	58	59	58	51	32	50	37	38	61	43	6	2	1	0	0	0	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	682	-	682	-	682	-	422	781	782	742	686	632	609	655	655	729	200	92	62	20	0	0	0	-	-	-	-
Depreciation and amortization of intangible assets
748	867	877	877	873	-	741	712	798	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount and deferred financing costs
328	214	158	157	187	-	156	115	122	-	135	1,212	839	559	-	-	-	-	-	-	656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on settlement of deferred consideration
-61	1,138	0	847	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred finance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	157	351	767	204	34	0	-	-	-	-	-	-	-	-
Amortization of debt discount and beneficial conversion feature
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	608	-	594	-	-	-	-	761	587	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	236	790	208	245	112	0	-	-	-	-	-	-	-	-
Amortization of beneficial conversion feature
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	598	1,748	583	73	16	0	-	-	-	-	-	-	-	-
Change in fair value of goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-81	0	0	0	0	-	-	-	-	-	-	-	-
Stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	458	0	0	0	-	-	-	-
Modification expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt, net
-	-	-	-	-	-	-	-	-	-	0	-4,764	0	-1,368	-	-169	-	0	-	523	0	7	1	35	-32	139	813	0	-	-	-	-	-	-	-	-	-	-	-	-
Shares issued for debt restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	-	-	-	-	-	-	-	-	-	-	-	-
Stock based compensation
211	198	224	199	200	-	288	290	373	-	424	344	324	294	-	178	-	166	-	-724	401	284	1,386	225	1,087	514	309	147	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of warrant liability
0	0	0	0	0	-	0	-341	-538	-	-876	688	-287	92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends declared - Series A preferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid in stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Modification expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-62	-	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Re-measurement gain on intercompany note
-	-	-	351	-	-	-	-	575	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	139	-52	-	44	-	45	-	-	-	-	-194	45	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-1,420	2,471	4,806	1,717	1,141	-	6,637	-5,893	-7,026	-	-405	5,188	377	-2,658	-	641	-	2,825	-	-557	-764	-2,010	524	-55	1,428	-1,616	-17	1,928	855	-1,075	109	76	454	15	59	0	-	-	-	-
Prepaid expenses and other current assets
-554	-178	153	212	-117	-	-128	10	47	-	269	283	24	245	-	-243	-	-89	-	-372	296	391	263	-337	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-84	138	-133	19	4	-17	7	7	-16	54	0	0	0
Deferred financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,349	-184	184	0	-	-	-	-	-	-	-	-
Other assets
195	-59	375	79	82	-	-223	49	9	-	-91	99	65	-360	-	109	-	456	-	101	280	145	167	224	156	153	77	-6	112	99	0	0	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-5,133	720	-1,027	3,547	-4,245	-	829	-835	2,795	-	-4,477	1,072	-804	-397	-	326	-	654	-	2,289	2,042	-341	282	570	849	-1,290	2,430	628	780	-948	752	-31	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY OPERATING ACTIVITIES - DISCONTINUED OPERATIONS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-174	0	185	-	-	-	-	-	-	-	-	-	-	-	-
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	6	-	-	-	-
Accrued interest - related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Interest payable - related party
-	-	-	-	-	-	96	0	-160	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	151	68	25	-2	0	0
Accounts payable - Related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-	-	-	-	-	50	100	-40	22	-43	41	-13	-215	62	105	98	34	20	-0	2	0	0
Accrued payroll and taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	230	-344	260	978	-227	0	0	-	-	-	-	-	-	-	-
Other current liabilities
-40	4	60	-118	292	-	-6	-535	447	-	506	-945	102	36	-	-18	-	-170	-	-23	-10	59	-34	-12	-57	31	-80	-36	-28	71	0	0	-	-	-	-	-	-	-	-
Other long-term liabilities and other
-	-615	-284	558	-	-	129	270	-114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	718	232	98	-45	-	-47	-	-6	-	7	339	-	20	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest payable - Long term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Other, net
-	-	-	-	-	-	-	-	-	-	-163	-103	294	10	-	-162	-	-325	-	-	-76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY OPERATING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	-297	2,401	-	164	-	-2,210	-	-129	1,800	2,342	-694	575	-1,957	958	-169	-1,971	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES
-3,839	-2,716	-6,528	2,243	-5,178	-	-5,847	4,149	8,847	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,957	784	-169	-1,786	-2,638	-493	-935	-409	-641	-598	-88	-94	-240	-15	-1	-9
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition - payments due to seller
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	749	-	100	-	-	-	-	74	9	-	-	39	1,308	137	0	0	0	-	-	-	-	-	-	-	-
Posting of surety bond
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,405	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	1,156	2,498	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Collection of UK factoring facility deferred purchase price
3,468	3,104	3,929	3,469	3,362	-	3,536	2,281	1,269	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of property and equipment
95	71	300	44	95	-	190	84	56	-	529	43	106	20	-	56	-	157	-	88	43	19	33	65	139	-1	63	53	83	66	1	0	-	-	-	-	-	-	-	-
Cash paid for purchase of subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	907	0	0	0	-	-	-	-
NET CASH PROVIDED BY INVESTING ACTIVITIES
3,373	3,033	3,629	3,425	3,267	-	-5,069	2,255	1,213	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-196	-97	-230	-1,489	-2,824	-7,386	-1,342	-65	-907	0	0	0	-	-	-	-
CASH FLOWS FROM FINANCING ACTIVITIES:
Third-party financing costs
32	132	40	950	0	-	89	13	7	-	43	1,373	96	842	-349	-	623	-	-	328	246	-174	651	464	1,158	4	118	147	-	-	-	-	-	-	-	-	-	-	-	-
Payments for earn-outs
617	3,040	1,373	1,200	0	-	1,237	75	90	-	31	19	25	1,050	-	30	-	39	-	41	29	33	33	53	57	70	127	128	118	264	77	65	-	-	-	-	-	-	-	-
Proceeds from convertible notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Proceeds from term loans - related party
-	-	-	-	-	-	-	-	-	-	0	41,115	1,650	7,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	155	19	0	36	0	-	-	-	-
Proceeds from term loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	283	-	0	-	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	-106	-20	-	-835	-	-296	-	268	-1,477	-	-1,296	-2,625	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of term loans
128	174	192	156	174	-	168	0	254	-	-	-	-	-	-290	-	-	-	-	-	290	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	-	0	-	0	578	463	474	3,805	0	304	0	100	1,600	100	1,555	0	0	750	75	100	-	-	-	-
Repayment of convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,386	-	0	-	51	253	338	0	275	800	0	0	300	281	406	0	0	-	-	-	-	-	-	-	-
Proceeds from promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14	-	287	-	-1	300	436	1,205	350	3,700	250	175	1,280	0	0	340	0	0	0	-29	29	-	-	-	-
Repayment of promissory notes
-	-	-	-	-	-	-	-	-	-	0	-5,045	925	4,561	-	-640	-	1,635	-	1,294	475	769	602	450	968	394	507	1,350	-	-	-	-	-	-	-7	7	-	-	-	-
Repayments on accounts receivable financing, net
-	989	3,915	-8,606	-	-	2,593	-9,099	-9,714	-	-	-	-	-	0	-	-	-863	-	-	-	-	-	0	0	-2,438	343	2,095	-	-	-	-	-	-	-	-	-	-	-	-
Repayments on accounts receivable financing, net
-	-	-	-	-	-	-	-	-	-	-	-	-780	3,489	-	-	-	-	238	-	1,320	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends - related party
50	440	440	245	50	-	50	50	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from overadvance of accounts receivable financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	196	-	2,604	-	1,087	1,050	-2,009	1,890	-118	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of equity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2,495	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from private placement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,206	9,144	0	215	-	-	-	-	-	-	-	-
Proceeds from sale of bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	981	1,060	2,998	0	0	0	-	-	-	-	-	-	-	-
Repayment of bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from accounts receivable financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	412	481	854	72	259	0	0	0	-	-	-	-
Financing cost associated with private placements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	-	239	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH USED IN FINANCING ACTIVITIES
-	-	-	-	-	-	-	-	-	-	-	-	442	-2,542	-	-204	-	2,649	-	493	-571	-	2,216	2,848	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from notes payable - related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Repayment of related parties notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Proceeds from sale of common stock
0	601	0	4,914	29	-	1,657	214	415	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	27
Dividends paid on common stock
88	85	83	81	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH USED IN FINANCING ACTIVITIES
79	69	1,787	-6,324	2,266	-	10,854	-6,976	-9,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,609	-1,363	873	2,738	5,923	8,519	2,294	442	1,645	748	59	121	259	0	0	27
NET DECREASE IN CASH
-	-	-1,112	-656	-	-62	-	-572	360	-	-2,280	4,854	39	-161	-	-875	-	143	-	1,199	-248	-273	226	798	-544	-676	473	-538	459	639	17	-31	96	150	-29	26	18	-15	-1	17
Effect of exchange rates on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-2	0	-	0	-	0	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rates on cash
-	-	0	-2	-	0	-	0	-2	-	0	0	-2	0	-	-	-	-	-	-	-	-	-	-	-	7	0	0	0	0	0	0	-	-	-	-	-	-	-	-
Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	53	0	0	3	0	-1	3	1	1	0	0	0	0
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance for founder shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Debt forgiveness
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Intangible asset
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Promissory notes issued in connection with acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Conversion of interest related to a convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Equity consideration for issuance of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Common stock issued to placement agent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	19	-	-	-	0	-	-	-	-	-	-	-	-
Issuance of common stock for proceeds from private placement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	350	-	-	-	-	-	-	-	-
Conversion of a convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	600	1,655	0	50	0	-	-	-	-	-	-	-	-
Issuance of common stock from common stock to be issued for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Shares issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-58	177	410	0	0	0	-	-	-	-
Conversion of interest related to a convertible note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	181	11	-	-	-	-	-	-	-	-	-	-	-	-
Beneficial conversion feature in relation to issuance of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	567	2,349	0	0	0	-	-	-	-	-	-	-	-