TELENAV, INC. TNAV Cash Flow

Telenav, inc. (TNAV)

CashFlow / Quarterly

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	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Operating activities
Net Income (Loss) Attributable to Parent
-733	13,006	-3,954	-12,856	-7,481	-4,581	-7,570	-7,465	-14,457	-8,543	-10,369	4,916	-13,694	-11,423	-9,335	-7,998	-9,838	-6,639	-10,846	-7,636	-4,767	-2,723	-7,937	-17,981	-7,555	-3,997	9	5,608	3,854	904	2,701	6,630	7,351	10,243	8,184	9,011	11,165	10,040	12,358
Discontinued Operation, Gain (Loss) on Disposal And Operations Of Discontinued Operation, Net of Tax
0	-56	-3,986	-	-1,947	-463	-1,485	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-733	13,062	32	-	-5,534	-4,118	-6,085	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Stock-based compensation expense
1,959	1,478	1,752	2,688	1,688	1,875	2,048	2,262	2,246	2,888	2,480	3,008	2,625	1,988	2,541	2,479	2,620	3,180	3,087	2,869	2,632	2,539	3,388	3,514	2,875	2,663	2,483	2,433	2,617	2,177	1,420	1,324	1,306	1,312	1,180	1,242	1,136	907	852
Depreciation and amortization
829	934	922	998	966	1,006	1,010	1,133	963	797	716	761	626	623	637	666	780	847	1,069	1,185	1,178	1,399	1,477	1,640	1,695	1,630	1,794	1,981	2,172	2,363	1,892	2,146	2,098	1,792	2,135	260	3,667	1,844	1,938
Operating lease amortization, net of accretion
832	777	544	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent reversal due to lease termination
-	-	-	-	-	-	-	0	0	0	538	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Tenant Improvement Allowance, Charge During the Period
-	-	-	-	-	-	-	0	0	0	582	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion (Amortization) of Discounts and Premiums, Investments
-82	-63	-12	15	15	5	-5	-36	-43	-54	-59	-77	-89	-112	-125	-122	-142	-176	-205	-219	-249	-307	-543	-780	-816	-958	-946	-1,155	-1,052	-1,163	-1,054	-1,182	-1,107	-1,177	-1,132	-	-	-	-
Bad debt expense
-	-	-	-	-	-	-	-7	-54	-1	38	40	24	58	67	36	8	-22	73	0	19	14	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on non-marketable equity investments
-62	62	0	-	0	0	1,300	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity Securities, FV-NI, Realized Gain (Loss)
-	-	-100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-37	-2	1	-	-8	-14	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss (gain) on disposal of property and equipment
-	-	-	-	-	-	-	-2	-7	2	-8	11	1	2	0	-	-	-	-	-63	-2	-20	12	-7	-91	52	-66	-	-	-	-	-	-	-	-	-	-	-	-
Write-off of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	35	442	-	460	0	0	-	-	-	-	13	16	409	0	-	-	-	-	23	0	0	691
Excess tax benefits from employee stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-40	-11	-180	-79	-300	-6	-18	19	-2	152	126	521	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
-2,499	-9,480	-16,355	18,070	14,971	-3,642	252	-5,002	-1,161	-7,654	2,109	9,580	503	5,161	563	2,817	1,993	-926	1,933	-312	5,552	4,346	1,178	-1,244	954	-682	-1,505	-1,202	4,279	-6,162	5,644	-1,199	7,829	-2,286	-9,728	2,967	9,187	-38,700	19,944
Deferred income taxes
-299	580	-171	303	236	-247	-198	-120	45	127	-104	458	7	-207	-19	-61	73	-368	247	-8	-661	-95	-578	1,048	982	1,283	782	922	1,988	-1,166	57	992	-774	-984	-258	-333	685	-601	-332
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-169	-886	-129	422	8	-100	-99	-207	-12	-826	-72	-90	-7,547	5,075	5,889	0	5,096	-2,668	0	-	-	-	-	-	-	-	-
Income taxes receivable
-	-	-	-	-	-	-	-	-	-	-	-	-2	-38	-1	-4,777	-2	-6	-608	1,502	-9,597	5,617	1,626	-3,474	3,474	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred costs
963	3,940	-1,979	7,443	6,894	2,659	4,381	1,612	8,089	7,824	5,474	-4,326	17,436	3,847	2,857	1,659	2,974	1,629	2,673	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
-5,455	3,490	502	79	378	153	-369	101	-653	361	115	-23	-510	-605	25	-128	481	339	-100	-681	-677	-2,596	-1,179	6,571	-2,523	1,607	-407	1,431	-2,355	832	-2,887	98	-1,386	3,347	1,802	1,299	-2,184	7,039	1,030
Other assets
42	7	-28	-170	7	81	35	686	-6	294	326	-97	-288	-80	-18	-77	13	-767	-141	-273	-235	11	-53	1,018	36	-297	-108	-194	-1,624	1,229	1,319	60	-2,524	2,393	462	-45	-2,580	823	838
Trade accounts payable
22,967	-16,792	1,738	-8,015	2,208	6,545	3,267	-4,562	12,961	-11,026	9,463	-4,579	465	776	4,533	-1,367	5,405	177	-97	-561	242	322	325	-3,030	2,261	305	-867	-410	372	-254	-929	293	436	-662	199	441	483	634	-1,152
Accrued compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,662	-	-1,124	1,778	-5,734	4,007	-108	2,405	-2,692	1,261	-2,918	2,540	-1,144	707	-2,374	4,026	-1,090	2,479	-1,198	2,467	-1,484
Accrued royalties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,401	-	4,726	1,146	5,010	-1,229	-264	-1,575	-3,094	-770	1,865	3,031	1,310	-3,914	4,600	99	-1,092	1,281	-101	-78	614
Accrued expenses and other liabilities
-17,855	14,204	-10,259	13,852	7,847	-7,108	-2,467	-707	-11,819	5,774	-6,037	16,223	-6,314	10,133	-6,188	6,873	-1,133	-574	-436	693	-1,998	488	-1,441	385	-12,089	4,413	4,646	5,061	-3,538	7,741	888	2,026	812	1,759	-728	317	42	1,729	449
Income taxes payable
-382	282	-152	423	121	-110	149	-41	125	62	-123	-91	46	62	92	-149	-649	135	27	2	-146	38	26	689	10	-317	16	-688	-772	1,251	-1,247	-353	951	112	1,717	1,236	322	-5,523	4,840
Deferred rent
0	0	0	-113	397	54	37	33	378	576	191	17	5	-31	75	233	309	-746	-68	-70	-45	-2,507	1,403	-614	-90	35	-685	154	-18	346	813	822	789	5,279	2,784	-	-	-	-
Operating lease liabilities
-1,037	-857	-897	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-994	-1,309	10,345	31,316	16,047	6,392	6,842	3,262	12,322	11,014	8,826	-13,781	25,087	7,686	5,042	2,662	6,856	3,182	3,841	1,406	179	2,886	-79	101	-229	-614	-3,959	-7,340	-9,864	-4,336	19,250	-17,660	14,821	-18,384	-18,336	-18,691	53,292	-15,180	22,622
Net cash provided by operating activities
7,168	12,344	22,169	1,325	1,230	5,513	-554	-3,333	-933	643	-3,788	-237	-8,019	2,790	-5,689	4,115	-551	-793	-5,869	-8,169	5,899	-1,473	-3,953	-8,010	-7,741	-893	-5,909	8,276	-7,171	19,952	21,856	-6,736	28,600	4,157	3,286	-6,311	64,249	28,494	20,248
Investing activities
Purchases of property and equipment
242	617	461	443	511	346	99	76	1,222	1,064	2,286	358	336	137	394	2,229	1,443	90	242	558	138	349	163	299	214	205	335	361	730	615	542	412	2,947	7,295	2,816	824	946	1,616	1,512
Additions to capitalized software
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	155	186	228	379	757	566	468	615	350	383	161	340
Purchases of short-term investments
12,908	13,021	41,418	14,772	15,182	5,238	10,624	6,438	10,032	19,462	13,355	13,699	13,470	20,947	16,841	17,011	17,388	10,373	10,249	11,750	13,591	18,503	69,300	11,688	12,842	17,224	24,596	38,138	12,980	31,702	41,887	57,772	56,507	28,289	28,024	34,225	79,469	46,447	81,128
Purchase of long-term investments
6,000	1,500	2,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	2,050	250	0	200	0	0	500	100	0	300	500	150	250	850	-250	250	-	-	-	-
Proceeds from sales and maturities of short-term investments
7,722	13,015	11,052	9,523	13,872	9,477	10,865	9,714	15,368	16,625	16,697	12,410	23,076	20,360	19,032	21,892	22,677	11,526	11,483	23,313	13,604	16,536	79,075	19,237	19,805	43,528	24,015	37,863	30,106	46,700	32,253	46,161	39,321	22,179	44,962	-	-	-	-
Proceeds from sales of long-term investments
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-246	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,768	-	-	-	-
Net cash provided by (used in) investing activities
-11,428	-2,123	-32,827	-5,692	-1,821	3,893	142	3,200	4,114	-3,901	1,056	-1,647	9,270	-724	2,043	2,652	3,846	1,063	992	9,331	-375	-2,316	9,412	8,045	-12,496	25,599	-1,016	-791	15,910	-4,599	-10,705	-13,030	-21,549	-13,623	11,489	-10,150	-60,243	-34,325	-82,980
Financing activities
Proceeds from exercise of stock options
84	0	8,306	7,544	1,330	2	24	218	228	38	197	346	2,195	136	23	13	615	717	204	1,091	1,540	428	1,353	138	120	274	364	159	1,259	1,134	240	265	599	475	769	1,516	556	507	44
Tax withholdings related to net share settlements of restricted stock units
82	316	832	151	272	353	1,206	275	446	504	1,102	845	525	382	1,256	540	959	483	1,313	1,046	1,203	176	678	1,035	22	321	192	0	51	-23	23	-	-	-	-	-	-	-	-
Payments for Repurchase of Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	570	1,261	1,380	1,139	0	0	1,622	3,145	3,132	2,101	12,205	9,019	2,985	1,223	2,028	1,361	7,933	-	-	-	-
Excess tax benefits from employee stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-40	-11	-180	-79	-300	-6	-18	19	-2	152	126	521	-	-	-	-
Net cash used in financing activities
-5,332	-4,335	7,474	7,346	-245	-351	-1,182	-57	-218	-466	-905	-461	1,670	-246	-1,233	-527	-344	234	-1,679	-1,216	-1,043	-887	675	-937	-1,535	-3,372	-3,039	-2,242	-11,003	-7,880	-2,749	-960	-1,277	-760	-6,643	379	-6,571	-1,587	44
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-258	251	-336	-77	-41	-121	-239	-427	393	218	345	631	148	-661	65	-328	393	-392	-184	190	-883	-360	-645	85	-79	-6	51	-9	67	-38	-7	11	30	-84	-44	17	2	14	-89
Net increase (decrease) in cash, cash equivalents and restricted cash, continuing operations
-9,850	6,137	-3,520	-	-877	8,934	-1,833	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in discontinued operations
0	0	3,975	-	835	579	1,740	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-617	3,356	-3,506	-3,292	-1,714	3,069	1,159	-4,814	5,912	3,344	112	-6,740	136	3,598	-5,036	5,489	-817	-21,851	21,328	-9,913	5,234	-2,197	7,435	8,395	-20,715	5,804	-10,310	8,088	-16,065	-2,563	-7,404	-62,777
Supplemental disclosure of cash flow information
Income taxes paid, net
347	540	739	398	144	420	166	250	163	336	304	11	451	500	910	-4,760	678	21	-549	227	-11,078	50	47	747	35	-4	224	2,392	2,223	-3,520	1,798	4,418	1,932	3,617	1,321	6,370	1,315	16,295	3,026
Non-cash investing: Investment in inMarket Media, LLC acquired in exchange for sale of Advertising business
0	0	15,600	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from discontinued operations:
Net cash used in operating activities
0	0	-3,569	-	-835	-579	-1,740	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
0	0	-406	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash transferred from continuing operations
0	0	3,975	-	835	579	1,740	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents from discontinued operations
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-