Technical communications corp (TCCO)
CashFlow / Quarterly
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Dec'17Sep'17Jun'17Apr'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10
Operating Activities:
Net loss

-480,474

1,032,373

-325,964

172,607

-247,591

-258,888

-449,755

-438,926

-51,966

-332,030

-1,001,699

-344,490

-

127,650

-694,588

-860,339

-931,408

-262,747

-417,794

-1,170,285

-134,020

209,985

-727,581

-983,445

-1,466,529

184,150

445,807

-521,779

-327,967

-310,190

-488,799

-914,859

-366,457

929,230

255,372

1,000,320

514,978

498,711

Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization

5,842

6,444

5,723

6,947

8,828

9,829

9,802

15,788

12,794

12,794

15,609

16,533

-

25,274

41,334

40,565

36,045

35,904

46,324

48,425

48,698

50,393

51,735

45,809

51,464

50,433

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,042

44,220

46,857

53,995

36,578

66,102

53,632

60,226

56,471

51,782

51,357

55,084

Stock-based compensation

12,775

11,988

25,496

8,784

8,800

11,876

8,036

6,203

4,177

4,177

4,187

4,169

-

3,628

3,012

3,278

4,240

2,575

3,817

15,056

35,556

37,011

37,295

37,058

100,604

38,274

38,844

39,646

81,623

44,915

48,858

94,535

47,399

48,068

50,362

117,478

121,252

15,980

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-691

-162,960

-45,225

-67,505

-

-

0

0

107,872

-26,418

-45,333

-66,391

Amortization of premium on held to maturity securities

-

-

-

-

-

0

2,483

2,198

5,572

5,572

5,173

7,176

-

6,687

6,549

8,941

6,391

10,675

7,670

16,669

10,515

14,675

9,880

14,454

16,255

16,669

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized loss on available for sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,002

-

-

-

0

-

-

-

-

Changes in certain operating assets and liabilities:
Accounts receivable

144,302

81,565

-240,443

82,957

-357,649

-38,414

281,808

-6,976

-407,102

-407,102

308,605

-474,402

-

367,027

417,098

-274,362

215,245

-2,189,971

570,081

240,372

-334,842

1,074,548

382,639

-101,969

-42,837

-1,082,084

907,815

-372,460

-244,195

-295,868

1,221,439

-89,052

168,678

-788,310

861,374

-2,054,392

1,259,547

670,145

Inventories

-14,006

-40,126

39,758

-330,527

4,411

53,639

24,416

72,217

44,144

44,144

47,885

-62,549

-

57,509

132,580

109,849

-171,723

41,708

45,877

87,303

-353,001

-282,089

365,202

400,691

-85,034

-404,570

-312,520

358,213

131,394

-191,891

-128,006

186,157

-59,550

-644,107

-

-

185,179

164,537

Income taxes payable / receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-72,480

-484,009

-52,838

254,386

147,113

225,397

633,939

-33,229

-316,845

-

-

-

-

Other current assets

-17,937

-4,564

-13,907

40,949

-46,507

-29,630

32,256

27,738

-23,778

-23,778

-21,336

-22,529

-

85,871

-44,543

-30,287

-15,044

92,546

-41,777

-88,580

31,348

36,838

-57,193

-6,496

76,789

-67,787

-23,106

-38,268

120,925

-4,697

-89,666

96,936

43,724

-19,153

-43,557

47,252

-46,371

27,431

Customer deposits

-

-

-

-

-

-

-

-

-45,242

-

45,242

-2,824

-

-34,855

-72,660

65,558

-6,774

-7,608

26,587

29,496

-49,763

-100,160

-8,296

-343,105

308,528

-210,836

243,577

-63,667

-81,498

108,818

7,813

-115,923

41,708

-14,721

96,720

-193,948

0

24,609

Customer deposits

106,439

-19,036

20,427

-10,086

-24,887

-17,463

3,985

40,462

-

-45,242

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-337,939

-910,720

-472,948

-384,907

579,718

636,965

125,646

-

280,064

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and other accrued liabilities

-377,787

171,653

-13,899

105,300

5,705

-1,545

52,250

69,765

-74,147

-74,147

25,321

-38,334

-

-85,808

41,539

27,401

-104,670

48,518

-135,184

-67,535

-20,055

-123,776

241,562

191,532

-141,932

-68,734

35,946

111,310

-66,296

-71,866

-197,016

4,638

-123,730

-299,650

-351,212

303,633

512,208

-2,223,988

Net cash used in operating activities

-845,564

828,608

-984,345

17,225

-234,307

521,996

-74,714

-305,713

237,924

237,924

-296,197

201,710

-

-467,831

-1,179,949

-

-

-

-

-

-

-

-

-

-

-

761,522

-442,110

-620,844

102,508

-1,930,995

-1,693,487

-467,071

2,491,568

-1,273,824

3,265,503

-243,803

-2,558,108

Investing activities:
Net cash used in operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,024,654

1,420,751

-1,042,761

-708,024

548,408

-742,151

-1,086,053

-501,652

-259,047

1,632,463

-

-

-

-

-

-

-

-

-

-

-

-

Additions to equipment and leasehold improvements

-

-

-

-

-

0

5,483

38,179

0

-

0

0

-

0

3,575

0

0

31,000

0

-

-

-

-

53,316

91,139

15,397

127,448

39,092

32,461

16,417

43,856

16,050

70,708

62,101

46,956

15,183

39,972

163,567

Purchase of cost method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

275,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from maturities of marketable securities

-

-

-

-

-

0

100,000

100,000

150,000

150,000

-

-

-

-

-

100,000

0

100,000

100,000

-

-

-

-

827,000

747,000

498,000

1,245,702

350,067

1,338,196

23,536

334,000

292,000

0

0

-

-

-

-

Purchases of marketable securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,583,000

996,000

60,112

1,484,787

0

59,776

472,108

810,241

4,012,516

0

-

-

-

-

Net cash provided by investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-8,130

745,630

100,000

348,043

832,746

497,000

-275,000

773,684

-927,139

-513,397

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Cash (used in) provided by investing activities

-

-

-

-

-

0

94,517

61,821

150,000

150,000

50,000

185,338

-

190,479

-3,575

-

-

-

-

-

-

-

-

-

-

-

1,058,142

-1,173,812

1,305,735

-52,657

-181,964

-534,291

-4,083,224

-62,101

-46,956

-15,183

-39,972

-163,567

Net (decrease) increase in cash, cash equivalents and restricted cash

-

-

-

-

-

521,996

19,803

-243,892

-

387,924

-246,197

401,710

-292,014

-

-1,183,524

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock issuance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

17,040

2,460

-

-

-

-

Dividends paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

183,872

183,872

183,872

182,888

182,709

182,709

182,708

182,608

182,610

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-183,872

-183,872

-183,872

-165,848

-180,249

-182,709

-177,988

-182,608

-182,610

Net increase (decrease) in cash and cash equivalents

-

-

-

-

-

-

-

-

387,924

-

-

-

-

-

-

121,689

-1,032,784

2,166,381

-942,761

-359,981

1,381,154

-245,151

-1,361,053

272,032

-1,186,186

1,119,066

1,819,664

-1,615,922

684,891

-134,021

-2,296,831

-2,411,650

-4,716,143

2,249,218

-1,503,489

3,072,332

-466,383

-2,904,285

Interest paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

-

0

0

0

-

0

0

0

-

-

0

0

Income taxes paid

912

-

-

-

-

-

-

-

856

-

0

0

-

0

856

0

0

0

1,856

0

0

0

982

0

4,000

942

70

0

0

506

1,849

0

30,000

0

1,025,000

445,000

0

1,745,000