THERAPEUTICSMD, INC. TXMD Cash Flow

Therapeuticsmd, inc. (TXMD)

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
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss
-56,848	-49,435	-31,966	-55,236	-39,506	-39,390	-35,605	-33,219	-24,401	-21,427	-14,664	-19,676	-21,156	-22,836	-25,015	-21,094	-20,929	-17,482	-19,472	-27,227	-20,894	-16,302	-17,832	-10,899	-9,183	-8,379	-7,654	-6,009	-6,375	-5,727	-4,253	-11,850	-13,289	-9,585	-1,486	-1,066	-774
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation of fixed assets
198	191	90	66	66	59	42	40	38	36	35	35	33	32	26	10	8	7	7	7	6	6	7	8	7	6	29	7	4	6	6	8	7	-	-	-	-
Amortization of intangible assets
63	57	51	48	40	35	31	24	21	19	18	17	16	15	13	13	11	10	8	6	6	6	5	5	5	0	3	3	3	6	8	6	7	-	-	-	-
Non-cash operating lease expense
351	350	268	223	219	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	13	13
(Recovery of) provision for doubtful accounts
-122	212	-72	85	82	-15	193	15	22	2	19	-16	-1	263	1,814	211	236	-15	6	17	13	-8	1	-4	6	-63	-9	36	21	7	18	15	0	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	197	-197	0	-10,307	-7,390	0	0	0
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,102	444	50	1,055	53	10	14	3	0
Share-based compensation
2,366	2,834	2,635	2,637	2,586	2,273	2,260	2,377	1,751	1,851	1,986	1,638	1,413	4,025	4,184	4,819	4,381	2,448	1,772	2,128	840	1,035	1,666	1,259	1,009	1,917	747	637	542	836	502	440	88	37	54	45	52
Amortization of deferred financing fees
319	273	265	196	120	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	260	395	396	395	263	-	0	0	0	-	-	-	-
Amortization of license fee
745	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock based expense for services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166	314	-	167	458	178	105	112	64	55	22	0	0	0
Loan guaranty costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	2	9	11	11	11	11	11	11	2
Changes in operating assets and liabilities:
Accounts receivable
-3,854	9,284	-3,131	3,523	3,963	-1,754	7,370	544	790	-61	1,015	-541	-580	-269	2,370	-375	2,250	-631	359	687	502	-2	-14	-179	654	-166	825	391	17	451	-119	310	85	36	0	-8	-12
Inventory
2,746	1,327	3,038	2,538	1,688	889	497	259	135	191	-120	75	262	232	-40	-73	267	-179	-378	289	-222	170	-441	532	-122	-103	-358	168	-277	660	134	277	-45	177	-206	59	-60
Other current assets
-	-	-	-	-	-	1,305	-1,033	-1,506	3,602	773	-194	253	-329	621	-523	-477	151	1,005	-291	-91	-482	-658	374	85	-540	230	1,695	0	-71	-89	170	-51	347	3	-10	5
Other current assets
-4,436	-	-	-	-987	-	-	-	-	-	-	-	-	-	-	-	2	2	2	2	9	20	-1	9	9	-419	85	899	0	-	-	-	-	-	-	-	-
Accounts payable
9,533	-4,952	4,634	-5,866	2,621	11,361	-45	5,143	2,186	-101	-3,908	1,961	-1,212	3,134	1,185	-391	304	-2,175	-516	-416	-91	678	3,318	-738	954	-357	426	204	199	610	338	84	301	50	24	109	4
Accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82	87	45	-	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-522	-325	-439	-190	-124	-249	633	71	2	1,846	-83	-618	0	-	-	-	-
Accrued expenses and other current liabilities
-1,261	10,272	600	2,532	268	436	8,109	409	152	2,546	1,497	-2,760	316	-619	1,943	134	-1,373	1,152	498	1,008	1,038	-670	1,181	1,057	-1,329	1,685	731	168	290	705	-314	301	-52	497	49	39	7
Other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	246	315	651	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-39,110	-50,797	-26,222	-50,514	-38,163	-28,144	-34,067	-24,949	-19,649	-20,805	-16,684	-18,139	-20,525	-15,617	-18,799	-15,321	-19,403	-16,609	-18,437	-24,847	-19,149	-15,285	-11,457	-10,072	-8,705	-4,768	-5,314	-7,176	-3,508	-4,006	-3,081	-3,197	-2,451	-1,884	-1,519	-801	-760
CASH FLOWS FROM INVESTING ACTIVITIES
Patent costs
421	373	305	359	403	356	314	292	142	325	72	260	107	303	148	302	90	301	39	41	36	393	-19	115	97	181	145	31	80	117	39	37	12	8	0	0	0
Purchase of fixed assets
21	360	996	830	262	150	20	18	26	25	0	8	27	88	42	190	74	-	-	-	-	0	0	7	23	17	0	0	22	-2	2	34	32	0	2	15	10
Payment of security deposit
-	-	-	-	-	163	-0	0	11	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-443	-20,734	-1,302	-1,210	-665	-671	-20,334	-311	-180	-351	-72	-268	-135	-392	-200	-498	-165	-450	-39	-57	-36	-382	9	-112	-120	-302	-21	-156	-103	-115	-41	-71	-44	1	247	-275	-10
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercise of options and warrants
72	0	8	0	100	429	107	1,084	44	0	0	20	192	10	1	191	786	642	98	484	7	30	28	247	40	24	0	6	0	0	25	0	165	-	-	-	-
Proceeds from revolving credit note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Repayment of revolving credit note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Proceeds from sale of common stock, net of costs
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	134,863	0	32,256	0	59,117	-	-	-	0	-334	30,472	3,081	45,430	7,770	125	0	0	-	-	-	-
Proceeds from exercise of warrants
-	-	-	-	-	-	-	-	-	0	0	1,338	2,460	0	0	63	1,310	0	0	7	358	0	94	87	0	-	-	-	-	-	-	-	-	-	-	-	0
Proceeds from notes and loans payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	1,800	4,500	2,400	688	1,345	382	267
Proceeds from sale of membership units
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	607	100
Proceeds from Financing Agreement
50,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	400	-	-	-	-	-	-	-	-
Payment of deferred financing fees
1,250	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of bank line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	100	400	-	-	-	-	-	-	-	-
Repayment of notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,691	1,799	0	50	0	197	0	2	0
Net cash provided by financing activities
48,822	77,031	8	111,687	100	429	90,015	72,298	44	0	68,572	1,359	2,652	10	1	254	136,959	642	32,355	491	59,483	30	42,893	334	40	-309	30,472	2,988	40,838	5,521	1,950	4,400	2,565	1,855	1,347	1,137	367
Increase (decrease) in cash
9,268	5,499	-27,516	59,962	-38,729	-28,386	35,612	47,037	-19,786	-21,157	51,816	-17,048	-18,008	-15,999	-18,998	-15,564	117,390	-16,417	13,878	-24,412	40,296	-15,637	31,445	-9,850	-8,786	-5,381	25,136	-4,344	37,226	1,399	-1,172	1,131	68	-27	75	59	-404
Supplemental disclosure of cash flow information
Interest paid
5,892	5,341	5,457	5,075	1,913	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	21	191	-19	29	5	2	0	0	0	0
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Warrants issued for financing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,711	-	-	-	-	-	-	-	-