Synacor, inc. (SYNC)
CashFlow / TTM
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'12
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-

-

-

-

-

-

-

-

-

-

-

-

-15,831

-

-8,075

-5,640

-3,966

-3,474

-9,502

-11,163

-11,948

-12,931

0

0

0

-

-

-

0

-

-

-

0

Net loss

-11,302

-9,021

-8,832

-7,327

-7,424

-7,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities:
Depreciation and amortization

11,504

11,251

11,029

10,426

9,884

9,832

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

0

0

9,321

-

8,967

8,113

7,503

6,901

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Asset impairment

1,525

1,751

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

4,470

4,332

4,128

3,779

0

0

0

Stock-based compensation expense

1,662

1,616

1,537

1,369

1,582

1,804

2,013

2,257

2,396

2,490

2,595

2,670

2,681

2,771

2,867

2,998

3,110

3,115

3,193

3,608

3,656

3,595

3,453

2,910

2,680

2,561

2,358

2,195

2,003

1,999

0

0

0

Provision for deferred income taxes

44

44

-10

-89

-189

-248

-239

-201

-102

137

0

0

0

-

-

-

-

-

-

-

-

4,769

-2,411

-1,396

-964

-243

526

743

1,174

1,557

0

0

0

Change in allowance for doubtful accounts

326

360

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase in estimated value of contingent consideration

-

-

-

-

-

-

-

-

-

107

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss in equity interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-73

-291

-530

-849

-1,063

-1,076

-1,151

-807

-561

0

0

0

-

-

-

-

Changes in operating assets and liabilities:
Accounts receivable, net

-5,862

-4,676

-973

301

-3,007

-6,002

681

3,815

6,780

4,146

460

-1,277

-5,188

2,080

-1,782

-2,457

-1,318

362

403

275

4,682

5,910

2,548

1,423

46

-1,055

-34

-161

-569

1,288

0

0

0

Prepaid expenses and other assets

59

-526

-1,229

-1,738

-1,389

-879

-1,701

400

254

-346

1,936

-158

875

1,572

2,472

2,794

1,563

547

-360

-117

-187

367

-513

-191

79

-189

40

-676

-478

-253

0

0

0

Stock-based compensation capitalized to property and equipment

-

-

-

-

-

-

-

-

-

134

160

171

193

186

167

171

136

159

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease right-of-use assets and liabilities, net

-7

-95

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-173

-247

-326

-403

-281

-220

-272

-243

-297

-380

0

0

0

Accounts payable, accrued expenses and other liabilities

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

-2,322

-

737

-313

-656

-359

-40

-1,049

2,192

-527

-1,299

-104

672

2,335

0

0

0

Accrued expenses and other liabilities

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

1,510

-

987

1,804

2,458

2,665

755

-233

-1,311

-2,205

-343

601

1,074

1,715

0

0

0

Deferred revenue

45

-11

-1,440

-1,806

-3,757

-3,945

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

1,346

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-57

-207

-341

127

120

334

40

42

60

77

0

0

0

Net cash provided by (used in) operating activities

2,976

2,459

7,069

6,149

5,295

2,056

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,586

9,659

13,158

14,657

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

3,434

-

8,183

9,183

9,333

7,650

9,163

6,593

22

-3,309

0

0

0

-

-

-

-

-

-

-

-

Purchases of property and equipment

3,412

3,772

4,144

4,722

5,657

6,256

7,373

8,278

8,285

7,876

7,467

7,511

6,517

5,939

5,008

3,679

3,573

3,236

3,511

3,747

4,063

4,982

5,315

6,214

6,895

5,920

5,836

4,731

3,934

4,269

0

0

0

Acquisition net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

2,500

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-3,412

-3,772

-4,144

-4,722

-5,657

-6,256

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7,736

-5,231

-3,934

-4,869

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Investment of equity interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Investment in equity interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

772

0

0

0

-

-

-

-

-

-

-

-

Cash paid for business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

600

0

0

0

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-6,517

-

-7,508

-23,439

-23,333

-20,496

-20,938

-2,974

-3,590

-4,754

0

0

0

-

-

-

-

-

-

-

-

Repayments on long-term debt and finance leases

3,840

3,427

3,142

3,140

2,596

2,422

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on capital lease obligations

-

-

-

-

-

-

-

-

-

1,866

1,344

1,535

1,605

1,672

1,709

1,608

1,436

1,442

1,533

1,813

2,165

2,258

2,159

2,099

2,002

2,121

2,259

2,440

2,538

2,336

0

0

0

Proceeds from exercise of common stock options

23

60

84

322

404

385

548

1,466

1,859

2,149

2,758

2,010

1,858

1,560

744

336

75

70

76

79

47

68

78

123

121

195

469

704

753

1,212

0

0

0

Purchase of treasury stock and shares received to satisfy minimum tax withholdings

72

32

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchase of treasury stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

0

0

-

-

-

-

Deferred acquisition payments

-

-

-

-

-

-

-

-

-

1,300

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-1,389

-

-1,223

3,472

2,954

2,943

2,988

-2,229

-2,624

-2,752

0

0

0

-

-

-

-

-

-

-

-

Proceeds from initial public offering

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,364

0

0

0

Initial public offering costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,753

0

0

0

Repayment on bank financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

250

0

0

0

Net cash used in financing activities

-3,949

-3,459

-3,156

-2,830

-2,210

-2,055

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,790

-1,736

-2,188

21,237

0

0

0

Effect of exchange rate changes on cash and cash equivalents

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET DECREASE IN CASH AND CASH EQUIVALENTS

-4,572

-4,955

-453

-1,537

-2,931

-6,555

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of exchange rate changes on cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

0

-15

-

0

0

0

-

-3

9

-18

18

7

2

10

8

0

0

0

-

-

-

0

NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS

-

-

-

-

-

-

-

-

-

-

0

0

-4,487

-

-541

-10,768

-11,002

-9,903

-8,790

1,399

-6,210

-10,797

-10,419

-12,078

-7,196

-5,547

-3,931

2,684

7,036

31,019

0

0

0

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest

263

268

285

282

309

337

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for interest

-

-

-

-

-

-

-

-

-

-

-

-

319

-

315

205

230

212

177

247

171

219

226

185

214

165

183

229

261

259

0

0

0

Cash paid for income taxes

570

706

1,093

1,030

954

812

629

699

822

908

0

0

0

-

-

-

-

210

0

0

0

-

-

-

-

140

163

189

153

134

0

0

0

SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Minimum long-term debt and finance lease payments in accounts payable

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Property, equipment and service contracts financed under long-term debt and finance lease obligations

-

-

-

-

-

-

-

-

-

5,832

5,832

3,797

1,451

982

1,518

1,209

829

1,173

1,109

1,524

1,944

1,961

2,038

2,113

1,452

1,039

490

0

141

2,484

0

0

0

Liability for estimated additional contingent consideration

-

-

-

-

-

-

-

-

-

-

-

-

-

567

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued property and equipment expenditures

673

408

281

257

-224

277

209

187

856

529

226

738

455

227

0

0

0

-

-

-

-

117

0

0

0

-

-

-

-

-

-

-

0

Stock-based compensation capitalized to property and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Treasury stock received to satisfy minimum withholding liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Accrual for business acquisition

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

500

500

0

0

0

Accrued property and equipment expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0