Pareteum corp (TEUM)
CashFlow / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss

-12,974

-12,462

-31,444

-5,006

-21,861

-

-

-

-

-

Net Income / (loss)

-

-

-

-

-

-25,507

-23,131

-25,310

-92,483

-17,299

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

5,427

4,533

4,246

6,623

8,220

6,601

5,710

5,254

5,312

3,051

Provision for doubtful accounts

-

-

-

269

17

22

117

318

-

-

Provision for doubtful accounts

0

2

-88

-

-

-

-

-

-

-

Provision for doubtful accounts

-

-

-

-

-

-

-

-

584

-220

Stock based compensation

6,582

4,289

3,897

3,481

3,888

8,515

6,302

6,319

5,080

1,561

Amortization of shares issued for consultancy

-

-

-

-

-

-

-

499

507

162

Change in fair value of conversion feature

-

-

-

-

-

232

2,387

0

-

-

Change in fair value of warrant liability

-1,283

-794

3,316

-299

114

-479

0

0

-

-

Amortization of deferred financing costs

28

341

1,267

513

507

248

531

0

-

591

Interest expense relating to debt discount accretion and conversion feature

184

3,408

6,041

682

3,935

2,069

1,089

0

-

-

Payables settled by issuance of shares

1,075

784

-

-

-

-

-

-

-

-

Deferred Tax

-225

-

-

-

-

-

-

-

-

-

Expense settled by issuance of shares

-

-

0

-

-

-

-

-

-

-

Other (income) and expense, net

-

-

-220

-922

-

-

-

-

-

-

Amortization of debt discount and deferred financing costs

-

-

541

-

-

-

-

-

-

-

Unrealized foreign currency transaction loss

-

-

-

-

176

-302

0

0

-

-

(Gain) on extinguishment of debt

-

-

-

2,475

626

-2,005

0

0

-

-

Impairment for assets held and used

-

-

850

2,681

0

-

-

-

-

-

Impairment of goodwill

-

-

3,228

0

-

-

-

-

-

-

Loss on sale of assets

-

-

-1,542

0

-

-

-

-

-

-

Non-controlling interest

-

-

-

-

-

-

-

-

5

1

Net loss from joint venture

-

-

-

-

-

0

-501

0

0

-

Change in fair value of derivative instruments

-

-

-

-

-

-

-

-

-48,167

-

Amortization of deferred financing costs

-

-

-

-

-

-

-

-

3,238

-

Interest expense relating to debt discount and conversion feature

-

-

-

-

-

-

-

-

21,094

-

Loans to related party impairment charge

-

-

-

-

-

0

1,060

0

0

-

Intangible assets impairment charge

-

-

-

-

-

-

-

522

0

-

Changes in operating assets and liabilities:
Decrease (increase) in restricted cash

-

-

-

-

-

-1,052

1,040

0

-

-

Interest expense relating to debt discount and conversion feature

-

-

-

-

-

-

-

-

-

4,960

(Increase) in accounts receivable

13,239

1,446

-621

-6,566

4,464

-799

-1,292

1,372

238

628

Decrease/(Increase) in prepaid expenses, deposits and other assets

1,169

-640

-1,637

-759

94

465

247

-782

-229

-846

Increase in accounts payable and customer deposits

5,110

-349

80

2,627

-565

-3,415

272

-140

-1,574

602

(Decrease)/Increase in Net billings in excess of revenues and deferred revenue

677

-830

-

-

-

-

-

-

-

-

Decrease in net billings in excess of revenues

-

-

-1,169

-9,753

-

-

-

-

-

-

Decrease in deferred revenue

-

-

-

-

8,623

2,374

114

142

-131

-87

(Decrease) in accrued expenses and other payables

2,145

-732

1,551

1,385

378

140

1,014

-1,587

-2,730

740

Net cash (used in) operating activities

-

-

-

8,979

-2,102

-5,967

-8,799

-14,570

-

-

Net cash (used in) operating activities

-7,661

-2,616

-3,657

-

-

-

-

-

-14,107

-5,329

CASH FLOWS FROM INVESTING ACTIVITIES:
Advance Purchase Payment on Assets held for Sale

-

-

450

-

-

-

-

-

-

-

Advance Purchase Payment on Assets held for Sale

-

-

450

-

-

-

-

-

-

-

Purchases of property and equipment, and capitalized software

-

-

-

7,709

7,851

5,898

2,224

7,721

3,246

3,869

Purchases of property and equipment, and capitalized software

4,124

721

1,413

-

-

-

-

-

-

-

Proceeds from sale of assets

-

-

2,000

0

-

-

-

-

-

-

Proceeds from sale of assets

-

-

-

0

-

-

-

-

-

-

Cash paid for 100% acquisition of subsidiary

-

-

-

-

36

-

-

347

0

-

Restricted cash

-

-

-

-

-

-

-

-0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-0

-

Cash received from acquisition of subsidiary

-

-

-

-

-

0

36

0

58

-

Loans to related party

-

-

-

-

-

0

1,060

0

0

-

Loans to joint venture partners

-

-

-

-

-

0

146

0

0

-

Acquisition of Artilium plc, net of cash acquired

7,331

0

-

-

-

-

146

-

-

-

Purchase of note

500

0

-

-

-

-

-

-

-

-

Net cash (used in) investing activities

-11,956

-721

1,036

-

-

-

-

-

-3,187

-5,605

CASH FLOWS FROM FINANCING ACTIVITIES:
Financing receivable

-

-

355

1,645

-2,000

-

-

-

-

-

Exercise of warrants and options

6,174

5,049

0

-

-

-

-

-

-

-

Increase in short term loans

812

0

-

-

-

-

-

-

-

-

Principal payment on 2014 10% + Eurodollar 3rd Party Loan

-

-

-966

-5,500

-

-

-

-

-

-

Proceeds from convertible promissory note

-

-

2,273

1,275

0

0

8,000

0

-

-

Conversion preferred A, A1 & B shares issuance

-

-

0

-

-

-

-

-

-

-

Financing related fees

700

0

-

-

-

-

-

-

-

-

(Payments on) proceeds from convertible note installment payments and interest

-

-

-

-

-

-8,642

1,531

0

0

-

Trade note payable

-

-

-

-

-

-

-

-

0

-

Exercise of warrants & options

-

-

-

5

4,462

581

1,081

26,808

502

-

Cash from Escrow account for principal and interest payments on 8% Convertible Notes

-

-

-

-

-

742

0

0

-

-

Trade note payable

-

-

-

-

-

-512

-315

271

-

-

Equity and debt issuance costs paid

0

227

1,338

532

815

1,362

0

1,185

1,814

100

Repayment on loans (Equitalia)

-81

0

-

-

-

-

-

-

-

-

Financing receivable

-

-

-

-

-

0

2,273

-

-

-

Financing related fees

-

-

-

-

-

0

543

-

-

-

Proceeds from 2013 10% 3rd Party Convertible Note

-

-

-

-

-

-

-

0

-

-

Cash flow from Escrow account for principal and interest payments on 8% Convertible Note

-

-

-

-

-

-

-

0

0

-

Bank overdraft

-

-

-

-

-

-

-

-

13

27

Debt finance costs

-

-

-

-

-

-

-

0

205

1,495

Unsecured promissory note

-

-

350

0

-

-

-

-

-

-

Gross proceeds from public offering

6,100

21,202

0

-

-

-

-

-

-

-

Loan to third party

-

-

-

-

100

163

111

448

0

1,736

Net cash (used in) investing activities

-

-

-

-7,709

-7,987

-6,061

-3,653

-8,517

-

-

Proceeds from November 2014 10% + libor 3rd Party Loan, net of OID

-

-

-

-

11,620

-

-

-

-

-

Proceeds from 12% Unsecured Loan from Related Party

-

-

-

-

-

1,290

0

0

-

-

Loan from related party Bridge SPA

-

-

-

-

-

-

-

-

2,885

-

Proceeds from Share Purchase Agreement - Unregistered securities

-

-

-

-

-

225

0

0

14,000

-

Proceeds from Share Purchase Agreement - Registered direct

-

-

-

-

-

7,500

0

0

-

-

Proceeds from Share Purchase Agreement Related Party

-

-

-

-

-

4,500

0

0

-

-

Payments on convertible note installment payments and interest

-

-

-

-

-

-

-

-

0

-

Proceeds from 10% Affiliate Loan

-

-

-

-

-

2,652

0

0

2,518

-

Repayments on other long term loans

-

-

-

-

-2,492

5,305

0

-

-

-

Reclassify accrued interest to principal (Saffelberg Advance)

0

83

0

-

-

-

-

-

-

-

Principal repayment Senior Secured Loan

0

10,081

0

-

0

-

-

-

-

-

Gross proceed from Preferred A and A-1 shares issuance

-

-

2,490

0

-

-

-

-

-

-

Net cash provided by financing activities

12,304

15,859

3,162

-

-

-

-

-

17,899

10,799

Net cash provided by financing activities

-

-

-

-3,106

10,775

12,280

7,481

25,894

-

-

EFFECT OF EXCHANGE RATES ON CASH, CASH EQUIVALENTS AND RESTRICTED CASH

58

-278

20

-

-

-

-

-

-

-

NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

-7,255

12,242

561

-

-

-

-

-

-

-

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid during the period for interest

120

0

909

-

-

-

-

-

-

-

Cash (paid)/received during the period for interest, net

202

-1,365

-

-

-

-

-

-

-

-

Cash paid during the period for interest

-

-

-

1,136

954

745

504

39

1,295

21

Shares issued to convert the notes payable and accrued interest

-

-

-

-

-

-

-

-

-

532

Cash paid during the period for taxes

34

2

15

14

56

45

15

31

0

0

EFFECT OF EXCHANGE RATES ON CASH AND CASH EQUIVALENTS

-

-

-

301

-32

-231

195

957

183

-62

NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS

-

-

-

-1,534

651

19

-4,776

3,763

787

-198

Shares issued to Artilium and Artilium shareholders

109,304

3,230

-

-

-

-

-

-

-

-

Note receivable from sale of assets

-

-

1,000

0

-

-

-

-

-

-

Long term investments

-

-

0

-

-

-

-

-

-

-

NON-CASH FINANCING ACTIVITIES
Conversions of convertible notes

1,314

630

5,238

0

-

-

-

-

-

-

Conversion of notes including accelerated amortization into common shares

-

-

-

-

-

-

-

-

15,461

-

Conversion of 9% unsecured convertible note

678

0

-

-

-

-

-

-

-

-

Increase in Share Capital due to Telnicity Acquisition

-

-

-

-

0

1,180

578

0

-

-

Shares issued for payables

650

784

700

0

271

468

342

0

-

-

Conversion of preferred shares

0

6,181

0

-

-

-

-

-

-

-

Amendments and fair market value adjustments to warrants liabilities and convertible feature liability

313

2,668

0

-

-

-

-

-

-

-

Purchase of property and equipment under capital lease agreements

-

-

-

-

-

2,620

0

0

-

-

Change in fair value of conversion feature

-

-

-

-

-

-

-

-

0

-538

Increase of share capital due to exercise of warrants and conversion of notes

-

-

-

-

-

-

-

-

9,457

-

Warrants issued to placement agents for services, treated as deferred financing costs

-

-

-

-

-

-

-

-

2,565

-

Non-cash rent termination settlement

-

-

-

-

-

-

-

-

0

-

Increase in share capital due to acquisitions

-

-

-

-

-

-

-

-

14,899

-

Provision for income tax

-

-

-

-

-

-

-

-

0

-

Warrants and derivative liabilities for issuance of 12% Promissory Notes are considered as discount of the Promissory Notes

-

-

-

-

-

-

-

-

-

12,333