USA TECHNOLOGIES INC USATP Cash Flow

Usa technologies inc (USATP)

CashFlow / TTM

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
-34,042	-36,102	-29,882	-21,728	-20,645	-14,401	-11,284	-14,958	-11,599	-7,172	-7,465	-2,967	-8,523	-9,630	-6,806	-6,134	-1,281	-668	-1,089	-927	26,506	27,176	27,531	29,246	1,364	1,108	854	-3,595	-3,118	-5,093	-5,211	0	0	0	-	-	-	-
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]
Non-cash stock based compensation
2,810	1,625	1,750	1,763	1,782	1,800	1,794	1,960	1,753	1,412	1,214	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Charges incurred in connection with the vesting and issuance of common stock and common stock options for employee and director compensation
-	-	-	-	-	-	-	-	-	-	-	0	784	-	-	0	900	849	-	821	665	583	529	0	0	0	-	640	574	666	782	804	721	534	302	0	0	0
Stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	0	0	0
Gain (Loss) on Disposition of Property Plant Equipment
-742	-650	-672	71	80	106	131	127	139	0	-	0	0	-	167	61	52	15	17	16	12	13	-4	7	8	0	-	0	0	-	-	-	0	-	-116	0	0	0
Amortization of deferred financing fees
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash interest and amortization of debt discount
988	617	301	308	91	145	140	133	181	25	113	0	0	0	-	-	-	-	-	-	-	-	-	29	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Bad debt expense
2,088	1,915	2,534	1,498	1,397	812	471	491	490	628	557	1,046	1,425	1,311	1,450	1,476	1,272	1,175	1,098	669	355	266	134	127	137	101	68	4	2	-32	-48	44	24	61	92	0	0	0
Provision for inventory reserve
1,447	3,534	3,172	2,805	1,587	1,458	1,467	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
7,025	7,185	7,504	8,142	8,523	8,434	7,829	6,863	6,070	6,025	5,956	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	0	4,939	-	-	0	5,487	5,608	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	3,437	3,065	2,713	2,443	2,228	2,065	1,850	1,553	0	0	0
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-	-	-	22	207	393	578	742	778	851	924	997	0	0	0	-	-	-	-
Change In Fair Value Of Warrant Liabilities
-	-	-	-	-	-	-	-	-	-	-1,490	-1,472	-6,277	-7,507	-5,674	-5,429	-1,725	-360	-393	-602	329	156	66	1,529	389	23	267	-1,419	-15	540	1,813	0	0	0	-	-	-	-
Excess tax benefits
-	-	-	-	-	-	67	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
0	0	-	-	-15	-195	-183	-331	-127	193	62	-509	-811	-802	-660	119	333	603	215	-403	-27,251	-27,668	-27,301	-26,706	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Recognition of deferred gain from sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	861	860	860	860	860	861	861	834	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for deferred tax liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	-	-	-
Changes in operating assets and liabilities:
Accounts receivable
10,905	1,757	8,706	2,558	-3,430	6,748	6,234	10,114	5,523	4,649	2,538	693	2,312	1,451	375	2,788	2,112	2,506	2,539	2,604	2,090	904	204	-268	474	-376	247	243	-485	865	758	586	407	-365	-321	0	0	0
Finance receivables, net
1,550	714	669	6,156	5,213	7,349	-2,228	518	5,620	1,659	10,832	3,417	-449	1,462	2,040	1,067	2,949	3,941	4,114	3,821	1,546	664	-53	-62	-58	51	-17	-64	2	-13	61	146	29	55	-100	0	0	0
Inventory, net
5,426	6,082	5,607	1,233	-4,238	-1,946	3,661	10,197	9,388	6,140	4,463	2,125	2,522	1,406	-1,036	-479	-880	574	1,931	1,260	1,696	846	-370	-369	-758	536	-716	-1,406	-911	-1,329	-158	-2,140	-1,833	-1,086	36	0	0	0
Prepaid expenses and other assets
-782	587	395	1,523	1,209	-260	-377	-914	-693	-274	-153	803	1,099	1,035	763	463	151	145	304	335	435	250	191	-389	-397	-372	-503	-773	-561	-462	-431	531	469	-31	-115	0	0	0
Accounts payable and accrued expenses
14,133	14,994	1,039	-2,158	-1,866	9,758	16,933	22,867	19,278	10,559	8,874	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
17	45	-132	-316	-420	-30	351	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	770	2,483	-	3,080	4,529	234	-2	996	-656	-129	1,661	460	1,039	-462	32	1,164	724	2,131	1,039	498	-413	-451	430	1,067	0	0	0
Accrued expenses
-	-	-	-	-	-	-	-	-	-	-	0	706	-	-	0	313	239	-	528	479	63	267	-423	-831	-445	-1,915	-333	55	480	2,513	1,044	649	78	-571	0	0	0
Income taxes payable
233	241	254	59	52	53	-13	-21	-37	-53	-8	-87	0	0	-	-	0	-	33	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-21,419	-14,350	-28,172	-20,954	-6,068	-1,883	12,431	4,411	-17	914	-6,072	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided/(used) by operating activities
-	-	-	-	-	-	-	-	-	-	-	0	456	-	-	0	3,615	69	-	-2,111	-14	4,768	7,085	8,474	6,093	6,272	6,038	5,252	5,702	1,253	78	-72	-1,763	529	-908	0	0	0
INVESTING ACTIVITIES:
Purchase of property and equipment, including rentals
3,912	4,073	4,875	3,996	4,568	4,480	3,978	5,491	4,270	3,697	3,787	1,598	1,533	0	-	0	0	-	1,702	104	135	127	111	86	82	120	107	155	154	419	478	454	451	261	291	0	0	0
Purchase of property for rental program
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	5,313	7,956	10,450	10,883	9,983	9,118	9,091	9,092	8,792	8,240	6,595	5,754	0	0	0	-	-	-	-
Proceeds from sale of rental equipment under sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,994	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property and equipment, including rentals
65	116	116	149	223	283	298	296	262	0	-	0	0	-	389	132	132	42	62	59	65	0	-	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-
Cash paid for assets acquired from VendScreen
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-3,847	-3,957	-4,759	-3,847	-4,345	-69,378	-68,861	-69,075	-68,506	-3,304	-3,439	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by investing activities
-	-	-	-	-	-	-	-	-	-	-	0	-7,593	-	-	0	-45	-36	-	2,676	-11	-2,482	-7,917	-10,039	-9,156	-9,193	-9,180	-8,929	-8,395	-7,014	-6,232	-8,000	-6,770	-5,759	-4,554	0	0	0
Proceeds from Warrant Exercises
-	-	-	-	-	-	-	-	-	-	6,193	7,845	0	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance Initial Public Offering
-	-	-	-	-	-	104,796	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	0	-	-	-	-	-	0	0	0	-	-	-	-
Net proceeds (use) from the issuance (retirement) of common stock and exercise of common stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	2,361	1,752	0	-	0	0	-	-41	0	0	0	-	-	-	-
Proceeds (repayment) of line of credit, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from the issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	0	687	-	-	0	551	391	-	350	359	0	-	0	0	-	614	0	0	0	-	-	-	-	-	0	0	0
Proceeds from revolving credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	0	-	-	-	0	-	-	-	-
Deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Revolving Credit Facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-
Repayment of capital lease obligations and long-term debt
23,435	24,058	23,254	23,917	6,240	5,505	5,355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Repurchase of Common Stock
-	-	-	-	-	-	-	-	-	-	31	71	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of common stock options
0	0	42	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of capital lease obligations and long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-422	-24,415	-23,569	40,534	58,246	87,653	127,649	63,939	65,849	36,062	2,984	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-25,688	-42,722	-56,500	15,733	47,833	16,392	71,219	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used)/provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	0	10,362	-	-	0	4,505	643	-	1,333	104	2,818	3,923	4,193	4,671	2,528	2,696	1,431	408	865	-410	974	10,869	10,862	10,850	0	0	0
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	2,879	3,225	6,606	7,898	6,426	8,075	676	2,302	1,897	79	5,104	3,091	2,628	1,608	-391	-445	-2,245	-2,284	-4,896	-6,564	-7,097	2,334	5,632	5,387	0	0	0
Supplemental disclosures of cash flow information:
Interest paid in cash
0	0	-	-	0	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest paid in cash
-	-	-	-	-	-	-	-	-	-	-	0	807	-	-	0	384	333	-	272	265	269	260	223	197	162	118	94	73	53	38	34	31	36	37	0	0	0
Depreciation expense allocated to cost of services
-	-	-	-	-	-	-	-	-	-	-	0	4,229	-	-	0	4,927	5,024	-	5,236	5,225	5,094	4,881	4,464	4,065	3,670	3,265	2,762	0	0	-	-	0	-	-	-	-	-
Reclass of rental program property to inventory, net
-	-	-	-	-	-	-	-	-	-	-	247	586	-	1,150	126	1,153	391	674	1,384	23	16	33	58	46	43	28	0	0	0	-	-	-	0	-	-	-	-
Prepaid items financed with debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	103	103	103	103	103	-41	103	103	102	249	107	107	133	197	132	132	95	0	0	0	-	-	-	-
Prepaid interest from issuance of warrants for debt costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Prepaid items financed with debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	102	0	0	0	-	197	132	132	95	0	0	0	-	-	-	-
Prepaid insurance financed with long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Reclass of inventory to property and equipment for rental units, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Equipment and software acquired under capital lease
-	-	-	-	-	-	-	-	-	-	332	326	681	663	444	552	0	0	-	-	0	-	325	298	0	0	-	0	-	-	495	0	0	0	-	-	-	-
Disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	1,116	888	-	882	554	588	710	241	0	0	-	0	-	-	652	197	238	163	283	0	0	0
Fair value of common stock warrants at issuance recorded as a debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt financing cost financed with debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Disposal of property and equipment under sale-leaseback transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,873	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid insurance financed with long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0