Takung art co., ltd. (TKAT)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities:
Net loss

-4,092

-7,631

-1,061

6,370

5,436

1,369

-3

-

Net Income (Loss)

-

-

-

-

-

-

-

335

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

597

895

742

523

336

216

-

-

Depreciation

-

-

-

-

-

-

63

1

Interest expense

57

289

283

0

-

-

-

-

Bad debt expense

53

377

2,076

0

-

-

-

-

Changes in exchange rate

-246

-1,337

1,105

-508

0

-

-

-

Share-based compensation

38

200

751

812

314

0

-

71

Impairment loss

0

352

0

-

-

-

-

-

Loss on fixed asset disposals

-57

-23

0

-

-

-

-

-

Deferred taxes

71

-320

-110

-

-

-

-

-

Deferred tax liabilities

-

-

-

17

-21

62

-

-

Deferred tax assets

-

-

-

243

0

-

-

-

Changes in operating assets and liabilities (Increase) decrease in:
Prepayment and other current assets

-386

-123

2,056

-528

772

398

-

-

Other non-current assets

-84

-614

328

307

0

-

-

-

Account receivables

-568

-1,799

1,309

2,874

-106

232

59

-

Operating lease right-of-use assets

731

0

-

-

-

-

-

-

Restricted cash

-

-

-

5,548

9,327

3,204

3,660

-

Accounts payables

-

-

-

-

-

-

-

-8

Due from director

-

-

-

0

-3

2

0

-

Customer deposits

-

-

-

5,548

9,327

3,203

3,660

-

Deposit

-

-

-

-

70

0

73

0

Other receivables

-

-

-

-

-

-

0

-

Prepayment

-

-

-

-

-

-

80

26

Amount due to related party

340

0

-622

0

-

-

-

-

Customer deposits

11,855

-20,724

3,530

-

-

-

-

-

Deferred tax assets

-

-

-

-

-

-

27

-

Deferred tax liabilities

-

-

-

-

-

-

31

-

Tax payables

108

435

-237

-1,014

1,316

249

0

-

Advance from customers

-0

-161

-190

-

-

-

-

-

Advance from customer

-

-

-

360

0

-

-

-

Accrued expenses and other payables

-16

-647

852

-58

-1,222

1,323

335

-

Operating lease liabilities, current

-166

0

-

-

-

-

-

-

Operating lease liabilities, non-current

-48

0

-

-

-

-

-

-

Purchase of intangible assets

-

-

-

-

-

20

0

-

Net cash provided by (used in) operating activities

9,841

-23,035

1,215

4,624

-

-

-

-167

Cash flows from investing activities:
Increase in accrued expenses

-

-

-

-

-

-

-

13

Increase in accrued officer compensation

-

-

-

-

-

-

-

118

Net cash provided by operating activities

-

-

-

-

5,419

2,591

185

-

Purchase of property and equipment

75

579

814

1,412

512

477

608

-

Purchase of available-for-sale investments

22,975

89,877

-

-

-

-

-

-

Purchase of available-for-sale investments

-

-

76,810

8,929

0

-

-

-

Maturity and redemption of available-for-sale investments

22,975

89,877

76,810

8,929

0

-

-

-

Repayment of loans by third party

2,380

5,103

3,795

0

-

-

-

-

Loan to a related party

0

6,369

0

-

-

-

-

-

Maturity and redemption of held-to-maturity investments

-

-

-

14,402

0

-

-

-

Loan to third parties

2,080

0

4,553

6,374

0

-

-

-

Purchase of held-to-maturity investment

-

-

-

14,402

0

-

-

-

Purchase and reinvestments in certificate of deposit

-

-

-

-

-

-

-

0

Redemption of certificate of deposit

-

-

-

-

-

-

-

50

Investment in intellectual property

-

-

-

-

-

-

-

0

Purchase of equipment and computer software

-

-

-

-

-

-

-

4

Net cash used in investing activities

-

-

-

-

-512

-497

-608

-

Net cash provided by (used in) investing activities

224

-1,846

-1,572

-7,786

-

-

-

45

Cash flows from financing activities:
Proceeds from share issuance

-

-

-

-

1,580

0

683

164

Proceeds from subscription receivable

-

-

-

-

1,930

0

-

-

Proceeds from short-term borrowings

1,799

0

1,000

6,308

0

-

-

-

Proceeds from related party loans

0

6,369

0

1,031

0

-

-

-

Loan repayment to a related party

0

482

0

-

-

-

-

-

Loan repayment to a third party

-

-

0

-

-

-

-

-

Loan repayments to third parties

2,499

4,959

-

-

-

-

-

-

Net cash (used in) provided by financing activities

-699

928

1,000

7,340

-

-

-

167

Effect of exchange rate change on cash, cash equivalents and restricted cash

-61

-662

1,359

-

-

-

-

-

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

9,305

-24,616

2,001

-

-

-

-

-

Reconciliation of cash, cash equivalents, and restricted cash to the condensed consolidated balance sheets
Advances from related party

-

-

-

-

-

-

-

-37

Repayments on related-party advances

-

-

-

-

-

-

-

-40

Net cash provided by financing activities

-

-

-

-

3,510

0

683

-

Effect of exchange rate change on cash and cash equivalents

-

-

-

-1,552

-4

1

-0

-

Net increase in cash and cash equivalents

-

-

-

2,625

8,413

2,095

260

45

Supplemental cash flows information:
Cash paid for interest

156

319

526

434

-

-

-

-

Cash paid during the year for income taxes

-

-

-

-

-

-

-

0

Cash paid for interest

-

-

-

-

0

0

0

0

Cash paid for income tax

0

271

1,830

3,024

0

0

0

-

Common stock issued for payment of services

-

-

-

-

-

-

-

34