WILLAMETTE VALLEY VINEYARDS INC WVVIP Cash Flow

Willamette valley vineyards inc (WVVIP)
CashFlow / TTM

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 income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,375	1,360	0	0	0	-	-	-	-
NET INCOME
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization
1,753	1,812	1,780	1,790	1,781	1,692	1,617	1,606	1,575	1,544	1,477	1,420	1,375	1,335	1,313	1,296	1,294	1,274	1,245	1,213	1,146	1,074	976	872	795	748	695	701	721	725	776	773	753	747	0	0	0
Loss/(gain) on disposition of property & equipment
0	-0	-0	-1	-1	-0	-5	-4	-4	-3	-1	-1	-1	-2	0	0	0	-	-	-	-	-	-	-	-	-0	0	0	0	-	-	-	-	-	-	-	-
Gain on disposition of property & equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Stock based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	0	7	7	12	17	16	21	21	21	26	25	24	22	16	16	16	18	19	18	14	9	0	0	0
Non-cash loss from other assets
-	-	-	-	-	0	5	5	-14	10	-10	-10	10	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan fee amortization
-13	-13	-13	-13	-13	-13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred rent liability
-50	0	31	66	74	31	-31	-31	-31	-31	-23	-25	-26	-27	-19	-20	-21	-22	-15	-16	-17	-18	-11	-12	-6	-14	8	0	-12	-10	-9	-6	-6	-6	0	0	0
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	916	952	0	0	0
Deferred gain
16	24	32	32	32	32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-32	-16	-32	16	0	-32	-32	-32	-32	-32	-32	0	0	0
Change in operating assets and liabilities:
Accounts receivable, net
-138	-538	501	351	1,043	592	-151	192	192	111	153	-76	-224	-186	-40	-277	-6	-72	-739	-437	-626	-382	-105	-568	-441	-140	27	6	114	-101	387	35	348	182	0	0	0
Inventories
276	827	1,186	1,467	1,137	1,453	-2,233	-2,381	-2,618	-2,822	-2,557	-1,401	-1,020	-1,338	-15	-229	-724	-721	401	-432	-287	-77	-299	-403	-534	-606	-974	-929	-433	-383	-536	-263	363	64	0	0	0
Prepaid expenses and other current assets
64	-16	29	23	27	111	610	652	621	291	-501	-871	-680	-268	-278	166	159	18	390	249	93	27	-350	-319	-59	-88	108	163	12	48	86	80	-168	-56	0	0	0
Unearned revenue
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Deferred revenue-distribution agreement
-	-	-	-	-	-95	-130	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	-142	0	0	0	-	-	-	-	-	-	-	-
Grapes payable
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	0	116	0	0	0
Accounts payable
132	96	-185	93	-32	-185	248	107	81	468	91	-64	279	35	-207	163	-185	-280	188	-63	85	185	40	205	-120	-88	-427	-403	-168	259	-251	-412	-127	-447	0	0	0
Accrued expenses
104	93	-74	-93	60	39	135	99	-75	-123	134	196	237	390	26	-97	1	52	188	164	87	94	47	-14	-96	-17	188	66	84	35	-31	-80	-1	-156	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Income taxes payable
-150	0	-241	-315	-98	-125	-224	-238	-323	-264	242	459	571	389	0	0	0	-	-	-	-	-	-	-	-	-17	-13	325	128	17	0	0	0	-	-	-	-
Income taxes receivable
0	-	-	-	0	-	-	-	-	-	-	-	-	204	117	217	307	118	-240	-277	-275	-179	-269	-269	-135	-134	-17	17	115	220	0	-34	18	-114	0	0	0
Net cash from operating activities
5,244	4,291	2,855	2,768	2,983	2,302	1,622	1,039	830	2,520	3,077	3,413	3,610	3,087	3,197	2,468	2,249	2,696	2,757	3,272	3,682	3,006	2,667	2,246	1,337	1,692	1,830	2,201	1,994	2,390	2,160	2,067	2,458	2,242	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to vineyard development costs
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to vineyard development
-	-	-	-	-	-	-	-	-	-1,186	-1,058	-1,075	-1,025	-1,003	-1,093	-1,114	-984	-915	-1,295	-1,138	-1,250	-1,186	-513	-536	-364	-764	-950	-820	-720	-246	0	0	0	-	-	-	-
Additions to property and equipment
5,394	4,534	3,971	2,947	3,485	4,046	3,818	3,714	3,561	2,782	4,215	4,146	4,499	4,327	2,741	2,521	2,069	2,451	2,576	2,374	2,185	2,529	4,431	6,418	6,585	5,970	3,893	2,068	1,397	1,377	1,434	1,703	1,887	1,746	0	0	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	53	47	47	47	2	0	0	0	-	-	-	-	-	-	-	-	19	0	0	0	-	-	-	-	-	-	-	0
Proceeds from sale of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Payments received on note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23	53	52	51	57	56	55	53	53	0	0	0
Net cash from investing activities
-6,206	-5,318	-4,636	-3,879	-4,662	-5,261	-5,322	-4,956	-4,663	-3,915	-5,225	-5,174	-5,477	-5,328	-3,833	-3,633	-3,112	-3,424	-3,932	-3,573	-3,436	-3,716	-4,944	-6,955	-6,935	-6,692	-4,779	-2,808	-2,056	-1,558	-1,357	-1,700	-1,883	-1,745	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from investor deposits held as liability
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	2,672	2,672	2,672	2,663	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from investor deposits held as restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from investor deposits held as liability
-	-	-	-	-	-	-	-	-	-	-	-	-456	-1,476	-3,038	1,266	456	1,476	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment on installment note for property purchase
80	216	215	214	213	212	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment on installment note for property purchase
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from line of credit borrowing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-
Payments on long-term debt
421	417	412	407	402	397	400	388	383	455	440	439	433	348	343	338	333	329	324	320	317	314	288	262	235	209	206	203	186	182	178	383	407	470	0	0	0
Issuance of preferred stock, net
-	-	-	-	-	979	4,230	8,827	8,283	8,278	4,595	1,331	3,879	5,325	9,062	7,730	5,181	3,735	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	0	0	-	-	-	-	-	-	-	-
Borrowings on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	15	15	15	0	0	0	0	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	622	629	548	339	239	148	134	231	213	177	0	0	0	-	-	-	-	-	-	-	-
Proceeds from stock option exercised
-	-	-	-	-	-	-	-	-	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
-	-	-	-	-	-	-	-	-	480	503	533	584	526	503	592	371	250	0	0	0	-	-	-	-	105	165	136	300	319	0	0	0	-	-	-	-
Net cash from financing activities
-1,527	-1,660	-1,647	-1,640	-1,327	-1,079	1,630	4,910	7,361	9,464	7,316	5,238	4,913	3,936	8,281	7,074	5,287	4,218	464	509	-272	284	1,493	1,909	2,061	1,396	69	-328	-480	-495	-438	604	944	910	0	0	0
Net cash from operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	80	122	457	756	0	0	0	-	-	-	-
Net cash from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4	92	171	506	805	0	0	0	-	-	-	-
NET CHANGE IN CASH AND CASH EQUIVALENTS
-2,490	-2,687	-3,428	-2,752	-3,006	-4,038	-2,068	994	3,528	8,069	5,168	3,477	3,046	1,695	7,645	5,909	4,425	3,490	-710	208	-25	-425	-784	-2,799	-3,550	-3,607	-2,787	-764	-36	1,141	1,573	2,175	2,312	1,892	0	0	0
NON-CASH INVESTING AND FINANCING ACTIVITIES
Purchase of property and vineyard development costs with notes payable
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment and vineyard development costs included in accounts payable
0	-	0	0	0	-	74	115	95	120	302	104	110	99	-8	137	55	16	0	0	0	-	-	-	309	247	0	0	0	-	-	-	-	-	-	-	-
Accrued preferred stock dividend
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of property and equipment included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-