WIDEPOINT CORP WYY Cash Flow

Widepoint corp (WYY)

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 INCOME
483	-33	183	-307	384	-412	-110	-472	-462	-764	-314	-1,300	-1,154	-2,429	-148	-896	-659	-1,135	-1,763	-1,409	-1,157	-902	-5,901	-669	-926	-2,093	294	139	-35	833	243	-302	57	131	217	214	-317
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred income tax expense
179	261	23	23	34	1,128	0	0	0	8	-4	-4	-1	-5	-4	-4	-3	-15	-0	18	-14	-16	4,808	-1,098	0	715	-353	-68	-179	60	149	-294	3	-153	24	122	-202
Depreciation expense
297	291	280	278	273	136	139	144	131	118	111	100	83	102	105	111	119	135	110	117	125	136	136	125	98	106	100	99	88	94	104	110	90	84	82	88	78
(Recovery) provision for doubtful accounts
-2	-1	12	3	7	10	-0	0	-5	31	0	17	14	261	5	-6	-6	-18	59	-21	-1	13	24	-0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	269	304	286	266	266	274	272	262	268	333	352	353	302	330	336	336	351	-	-	-	-	-	-	-	-
Amortization of intangibles
125	190	198	198	198	55	213	224	262	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	390	109	123	141	152
Amortization of deferred financing costs
1	1	1	1	1	1	1	6	7	9	7	1	0	-	-	-	-	-	-	-	-	3	0	0	3	0	2	4	0	-4	2	2	2	1	0	0	0
Share-based compensation expense
281	181	163	284	89	90	272	195	124	249	-81	134	85	-	-	-	87	91	89	81	37	87	70	83	82	46	68	58	53	51	55	55	55	-	-	-	-
Gain on change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	661	369	220	900	0	0	0	-	-	-	-
Share-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-7	0	-176	4	0	0	0	0	8	-8	-0	-1	7	-0	-4	0	-	-	-	-	-	-	-	-	-0	-0	0	-0
Changes in assets and liabilities:
Accounts receivable and unbilled receivables
4,144	-	1,127	-306	-1,151	-	1,299	-194	-1,494	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable and unbilled receivables
-	-	-	-	-	-	-	-	-	-	-	1,480	-293	-5,327	4,616	-2,328	-1,341	1,143	-1,651	1,994	1,464	1,891	3,379	1,163	-2,623	1,056	1,621	-490	-2,840	1,822	-1,499	155	-1,049	1,178	340	-509	-4,292
Inventories
-76	95	-341	171	104	-34	50	-158	170	-156	170	-32	51	-247	305	24	12	1	4	-4	-10	4	4	-58	-17	-7	9	-15	-12	321	-170	17	2	-	-	-	-
Prepaid expenses and other current assets
-201	141	-50	-123	45	32	148	-35	124	32	28	114	102	-7	-4	-106	91	19	-195	46	143	-49	-125	-174	32	-	-	-	-	-	-	-	-	-	-	-	101
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-80	-	224	19	-71	-	-	-	-
Other assets
-17	-1	-1	-90	29	63	-1	25	84	-34	-12	24	-1	-1	-7	5	-4	-74	1	7	-23	34	4	0	2	49	0	2	1	2	-5	-8	0	-	-	-	-
Accounts payable and accrued expenses
5,722	7,955	1,677	-151	961	3,080	-253	-2,803	1,166	704	-68	1,075	-1,560	-2	2,377	1,227	-2,295	1,644	-1,679	1,403	785	2,506	2,362	585	-1,592	-899	1,969	-275	-2,233	1,214	101	-527	-1,944	1,484	813	-1,168	-3,374
Income tax payable
-9	27	8	5	-8	-6	13	7	-5	-42	13	25	47	-64	-13	-18	20	-29	27	34	16	-344	86	431	-616	143	-2	184	29	-138	0	-15	15	0	0	-127	-15
Deferred revenue and other liabilities
-202	62	126	397	-486	-554	158	430	-82	1,046	261	-97	116	63	40	-106	-814	75	163	884	221	83	-14	-102	-10	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,025	-2,042	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	-117	177	-	-90	-95	-123	25	-80	-255	68
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by operating activities
3,026	402	1,942	1,082	2,428	-1,423	-1,061	-1,901	2,251	-361	591	-1,258	-1,963	-	-	-	-	-	-	-	-1,290	18	-1,337	-1,215	-52	-2,899	188	591	966	-211	2,407	-862	-332	225	954	-362	609
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment
52	156	74	56	83	96	70	80	13	122	93	401	78	129	83	22	39	104	112	103	93	45	40	157	19	223	53	131	104	16	64	180	55	115	86	97	133
Software development costs
340	-0	21	67	58	-1	78	80	70	8	145	201	13	-147	246	233	0	-	-	-	-	0	0	0	138	0	0	0	0	-	-	-	-	0	75	235	39
Proceeds from the sale of property and equipment
-	-	-	-	-	-	-	-	-	1	1	0	51	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-256	-39	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-393	-155	-95	-123	-142	-95	-149	-160	-84	-129	-238	-365	-40	-	-	-	-	-	-	-	-93	14	-67	-4,237	-157	-223	-53	-131	-104	-149	-64	-103	-55	-8,138	-162	-332	-172
CASH FLOWS FROM FINANCING ACTIVITIES
Advances on bank line of credit
1,796	430	96	65	6,192	0	2,450	3,236	8,362	8,739	8,328	913	2,357	0	8,014	6,434	3,804	6,216	7,128	4,722	3,926	3,342	4,363	821	3,445	1,508	0	176	304	-	-	-	-	-	-	-	-
Repayments of bank line of credit advances
1,796	-	96	65	6,192	-	2,605	3,081	8,362	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances on bank line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,873	-	-	-	-
Repayments of bank line of credit advances
-	-	-	-	-	-	-	-	-	-	-	913	2,357	126	8,026	6,882	3,218	8,230	5,237	4,600	3,926	3,735	3,971	821	4,362	591	0	176	304	-	-	-	1,873	-	-	-	-
Issuance of long term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Principal repayments of long term debt
-	-	-	-	-	-	-	-	-	0	0	2	79	152	224	221	219	216	214	1,545	209	207	204	535	200	198	258	463	191	794	-417	131	286	180	250	97	181
Principal repayments under capital lease obligations
143	-	118	116	122	-	24	24	26	54	5	4	15	4	5	5	15	17	19	15	15	14	14	14	8	11	10	10	10	-13	36	17	13	9	11	11	11
Common stock repurchased
10	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	-14	-0	14	0	0	0	0
Restricted stock award tax liability payment
-	-	-	-	-	-	-	-	-	61	3	11	46	-0	0	2	30	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from public stock offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,599	0	-44	11,470	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	22	0	0	22	0	0	0	17	0	0	0	0	-0	31	544	126	181	246	34	0	-	-	-	-	11	9	29	0	0	0	64	146
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-677	321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-153	-482	-118	-121	-122	-3	-179	30	-4	-699	544	-18	-124	-	-	-	-	-	-	-	-99	10,159	419	-560	10,343	714	-229	-473	-202	-175	-130	-186	-314	3,950	-188	-118	-46
Net effect of exchange rate on cash and equivalents
-33	15	-51	17	-28	4	-23	-49	10	39	53	75	43	-118	22	-15	81	-84	48	13	-147	-116	-38	-16	0	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE IN CASH AND CASH EQUIVALENTS
2,446	-219	1,677	854	2,135	-1,518	-1,413	-2,081	2,173	-1,151	951	-1,567	-2,084	3,537	-2,742	2,076	-1,678	-2,512	755	-1,837	-1,630	10,075	-1,023	-6,030	10,133	-2,409	-94	-13	659	-536	2,212	-1,152	-702	-3,962	603	-812	390
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest
82	2	85	64	63	0	16	16	18	0	4	9	9	9	12	22	23	29	26	70	31	33	34	57	41	56	55	46	47	49	52	107	7	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20
Cash paid for income taxes
-	-	-	-	-	30	-0	3	11	0	8	0	0	-4	0	0	4	-	-49	36	24	-0	34	91	0	0	10	-15	15	-	-	-	15	206	-145	186	15
Cash received from income tax refund
-	-	-	-	-	-	-	-	-	0	0	0	2	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of assets under capital lease obligation (Note 8 and 13)
-	-	-	-	-	-	-	-	-	297	0	0	93	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of assets under capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	179	0	0	0	0