VERU INC. VERU Cash Flow

Veru inc. (VERU)

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
OPERATING ACTIVITIES
Net loss
-810	-3,305	-3,060	-2,774	-4,034	-2,148	-7,919	-7,930	-3,831	-4,257	-2,679	-789	-1,776	-1,366	-1,750	570	35	1,490	702	1,170	1,667	804	-566	1,159	375	1,464	6,590	726	3,491	3,533	8,185	2,549	1,904	2,659	4,514	416	80	386
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
36	37	36	41	41	42	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	44	66	89	88	89	95	100	112	114	121	121	123	127	160	142	143	143	137	144	143	130	119	116	113	112	115	115	116	117
Amortization expense
79	79	77	77	77	77	68	68	68	68	40	40	40	26	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash change in right-of-use assets
78	76	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash interest expense
-1,164	-1,141	-1,078	-1,091	-1,258	-1,278	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest added to certificate of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0
Amortization of deferred income from grant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	6	6	-	6	6	6	6	6	6	6
Share-based compensation
681	614	524	468	496	417	559	459	411	207	228	105	105	317	135	110	130	123	-53	162	180	199	242	212	200	203	154	180	173	219	186	204	223	228	225	223	210	137
Warrants issued
-	-	-	-	-	-	-	-	-	-	0	0	0	542	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-46	-152	-458	-4	-23	48	3,997	1,286	-1,356	-3,297	-265	-524	-873	-591	1,265	115	-73	746	42	135	1,178	569	118	462	433	-2	-5,254	-2	-0	-1	-4,893	-8	6	0	-	-	-	0
Loss on settlement of accounts receivable
-	-	-	-	-	-	-4	227	0	3,764	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for obsolete inventory
77	151	-	-	29	22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of derivative liabilities
469	-394	-953	157	-628	225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-118	138	124	-1	36	-37	3	-5	64	5	0	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	-0	-0	0	0	0	-3	-0	0	0	-0	0	-0	-0	-0	-	-	-	-	-	-	-	-
Changes in current assets and liabilities:
Increase in accounts receivable
1,194	642	560	736	1,540	-1,485	465	910	-2	-3,248	-2,255	-1,550	-1,080	-2,391	-23	65	885	3,596	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in income tax receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-26	-0	2	5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in inventory
1,498	1,099	513	193	329	418	-261	-935	522	299	347	227	15	-111	146	145	629	-183	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in prepaid expenses and other assets
753	209	635	-5	14	58	-210	338	-15	-46	-117	232	-112	75	88	316	-35	-291	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in accounts payable
407	703	-10	609	574	-1,231	-279	-78	1,022	-168	769	480	168	-522	-358	38	-127	71	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in unearned revenue
-	-	0	0	-49	-138	-233	-111	-117	-24	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued expenses and other current liabilities
-48	-245	1,623	957	264	-655	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in operating lease liabilities
-130	-53	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in accrued expenses and other current liabilities
-	-	-	-	-	-	-	-	-	967	-67	2	-1,155	237	-16	11	524	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in current assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,798	4,758	2,925	-	1,661	1,168	628	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-822	419	-880	-431	1,488	-208	-1,609	-1,220	2,184	315	-15	1,181	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-172	2,860	-	-1,112	-946	1,131	-	-1,321	-31	-1,474
Net cash used in operating activities
-2,416	-2,510	-955	-527	-2,496	-1,506	-2,814	-4,548	-4,479	296	577	1,465	-2,225	1,165	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,974	1,017	-	3,980	3,188	1,863	2,357	2,070	431	2,108
INVESTING ACTIVITIES
(Increase) decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	0	-0	-	-0	0	-0
Proceeds from redemption of certificate of deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	64	-	-	-	-
Capital expenditures
32	21	-	-	-	-	2	45	-0	1	14	35	17	65	2	0	-0	2	7	100	24	2	10	2	2	81	12	28	191	68	212	230	177	97	11	6	2	26
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-0	0	-2	-7	-100	-24	-2	-10	-2	-2	-81	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-32	-21	-	-	-	-	-2	-45	0	-1	29	-35	-17	-65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-191	-68	-	-230	-177	-33	-11	-6	-2	-25
FINANCING ACTIVITIES
Proceeds from sale of shares in public offering, net of fees
-	-	268	-268	0	9,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Installment payments on SWK credit agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	4	4	-6	4	7	7
Payment of costs related to public offering
-	-	-	-	153	114	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Installment payments on SWK credit agreement
521	423	888	855	632	2,559	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from premium finance agreement
0	836	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for debt portion of finance lease
4	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of common stock for treasury shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	0	193	178	230	54	0	4	0	0	0	33
Dividends paid on common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5	0	2,021	2,021	2,031	2,007	2,004	1,720	1,735	1,710	1,675	1,396	1,409	1,387	1,387	1,387	1,384
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-0	-0	-5	-519	-2,111	-2,031	-2,031	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
832	412	-755	2,744	-585	6,726	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,914	-1,913	-	-1,734	-1,400	-1,418	-1,381	-1,391	-1,394	-1,424
Net (decrease) increase in cash
-1,617	-2,120	-1,743	2,142	-3,082	5,219	-1,817	-3,395	5,400	294	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash
-	-	-	-	-	-	-	-	-	-	606	1,429	-2,243	1,100	-825	419	-880	-434	1,481	-309	-1,634	-1,227	1,653	-1,799	-2,049	-931	-3,008	5,731	1,868	-964	-2,995	2,014	1,610	411	965	672	-965	658
Supplemental disclosure of noncash activities:
Costs related to public offering in accounts payable
-	-	-	-	-	153	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-assets recorded in exchange for lease liabilities
0	1,229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock in connection with the APP Acquisition
-	-	-	-	-	-	-	-	-	-	0	0	0	1,826	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of Series 4 Preferred Stock in connection with the APP Acquisition
-	-	-	-	-	-	-	-	-	-	0	0	0	17,981	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	269	-	8	7	8
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	108	98	69	27	111	94	61	191	80	59	441	138	76	105	25	-	-	-	-	-	-	-	-
Shares issued in connection with common stock purchase agreement
-	-	-	-	-	-	0	0	0	347	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reduction of accrued expense upon issuance of shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	297	-	0	0	189	-	-	0	179	0	-9	0	231
Reduction of accrued expense upon issuance of shares
-	-	-	-	-	-	-	-	-	-	0	0	0	22	-	-	-	-	8	7	0	239	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in other assets from accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-146	160	-	-	-	-	-	-	-	-
Dividends payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	269	1,404	-	14	0	1
Increase in deferred assets from accrued expenses
-	-	-	-	-	-	-	-	1	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-