Tactile Systems Technology, Inc. TCMD Cash Flow

Tactile systems technology, inc. (TCMD)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16
Cash flows from operating activities
Net (loss) income
8,192	10,971	9,043	8,358	8,145	6,623	6,498	6,094	7,309	5,855	6,004	5,154	2,355	2,879	0	0	0
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization
3,204	3,538	3,846	3,883	4,338	3,737	3,201	2,823	1,965	1,800	1,197	1,026	886	799	0	0	0
Net amortization of premiums and discounts on securities available-for-sale
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
3,389	146	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Stock-based compensation expense
9,769	9,824	9,723	9,773	9,276	7,974	6,769	5,356	4,759	4,235	4,134	3,876	2,771	1,889	0	0	0
Change in allowance for doubtful accounts
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Changes in assets and liabilities:
Accounts receivable
9,120	9,112	7,502	7,229	7,452	6,709	5,898	5,177	3,512	2,882	727	-622	-1,029	522	0	0	0
Net investment in leases
5,520	8,147	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Inventories
11,042	7,870	2,684	-2,551	-2,614	870	4,544	6,806	7,723	4,486	4,127	3,686	1,705	773	0	0	0
Income taxes
695	-2,428	-204	-1,948	-1,087	-165	-553	708	3,304	2,730	0	0	0	-	-	-	-
Prepaid expenses and other assets
995	1,166	200	1,356	1,182	1,140	1,342	-23	-12	-146	776	-127	276	407	0	0	0
Right of use operating lease assets
-785	-625	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Medicare accounts receivable, non-current
2,985	2,300	2,014	961	-799	-834	-1,760	-1,313	102	-105	1,127	1,174	1,058	784	0	0	0
Accounts payable
2,630	-1,389	2,177	2,018	527	690	-133	-80	1,880	462	-201	1,322	1,205	1,407	0	0	0
Accrued payroll and related taxes
1,457	2,677	3,044	1,486	1,981	715	2,412	2,402	-30	14	1,630	1,131	3,065	3,337	0	0	0
Accrued expenses and other liabilities
2,496	1,729	1,997	1,968	1,767	734	-294	44	542	1,481	2,796	1,057	1,595	824	0	0	0
Future product royalties
-	-	-	-	-	-	-	-	-33	-	-239	-461	-695	-924	0	0	0
Net cash provided by operating activities
2,146	2,510	7,744	11,257	12,453	9,007	7,843	5,808	2,335	4,192	2,730	3,347	7,573	7,033	0	0	0
Cash flows from investing activities
Proceeds from sales of securities available-for-sale
-	-	-	-	-	2,000	0	0	0	-	-	-	-	-	-	-	-
Proceeds from maturities of securities available-for-sale
30,500	25,000	20,000	18,500	15,500	15,000	0	0	0	-	-	-	-	-	-	-	-
Proceeds from sales and maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Purchases of property and equipment
5,073	5,446	6,088	4,256	4,495	4,196	4,177	3,930	3,478	3,746	2,210	1,979	1,363	775	0	0	0
Intangible assets costs
534	542	0	0	0	-	-	-	-	74	0	0	0	-	-	-	-
Net cash provided by investing activities
3,546	-2,335	-12,787	-5,567	-15,569	-14,726	-6,051	-7,728	309	-14,016	-24,495	-23,259	-21,489	-11,844	0	0	0
Cash flows from financing activities
Taxes paid for net share settlement of restricted stock units
2,141	3,391	3,564	3,606	3,601	2,379	2,031	2,025	1,561	387	0	0	0	-	-	-	-
Proceeds from exercise of common stock options
2,145	2,834	2,135	2,486	2,238	1,515	1,379	826	872	834	685	619	208	236	0	0	0
Fees paid for IPO
-	-	-	-	-	-	-	-	-	-	-	-	-	4,777	0	0	0
Net cash used in financing activities
3,057	2,496	1,721	2,030	1,351	1,850	1,691	1,144	1,955	3,091	2,124	31,289	28,843	28,452	0	0	0
Net increase in cash and cash equivalents
8,749	2,671	-3,322	7,720	-1,765	-3,869	3,483	-776	4,599	-6,733	-19,641	11,377	14,927	23,641	0	0	0
Supplemental cash flow disclosure
Cash paid for taxes
474	344	2,761	2,769	2,780	2,883	448	461	1,202	923	1,820	2,092	1,212	2,158	0	0	0
Non-cash investing activities:
Capital expenditures incurred but not yet paid
101	122	784	216	247	167	102	-192	-127	15	234	387	359	174	0	0	0