WIDEPOINT CORP WYY Cash Flow

Widepoint corp (WYY)
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
326	226	-152	-445	-610	-1,456	-1,809	-2,013	-2,841	-3,533	-5,198	-5,031	-4,628	-4,133	-2,840	-4,455	-4,968	-5,466	-5,233	-9,372	-8,631	-8,400	-9,591	-3,394	-2,586	-1,694	1,232	1,181	739	832	130	105	621	246	0	0	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred income tax expense
488	343	1,210	1,186	1,162	1,128	8	4	0	-1	-15	-15	-15	-17	-27	-24	-1	-12	-13	4,795	3,679	3,693	4,425	-736	293	113	-540	-38	-264	-81	-296	-421	-3	-209	0	0	0
Depreciation expense
1,147	1,124	969	828	694	551	533	506	461	414	398	391	402	438	471	476	482	488	489	515	523	496	466	430	405	395	383	387	398	400	390	368	346	334	0	0	0
(Recovery) provision for doubtful accounts
11	22	34	21	18	4	25	25	42	62	292	297	274	253	-26	27	13	18	50	14	36	37	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
-	-	-	-	-	-	-	-	-	-	-	-	1,127	1,124	1,094	1,080	1,076	1,077	1,136	1,216	1,307	1,341	1,338	1,322	1,306	1,355	0	0	0	-	-	-	-	-	-	-	-
Amortization of intangibles
713	786	652	667	692	756	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	764	526	0	0	0
Amortization of deferred financing costs
5	5	5	5	10	17	25	32	27	19	0	0	0	-	-	-	-	-	-	-	-	7	4	7	11	8	4	4	1	3	9	7	5	3	0	0	0
Share-based compensation expense
910	717	627	736	648	683	842	488	426	387	0	0	0	-	-	-	349	299	295	276	279	324	283	281	255	227	232	219	216	217	0	0	0	-	-	-	-
Gain on change in fair value of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,250	2,150	1,489	1,120	900	0	0	0	-	-	-	-
Share-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-179	-172	-172	4	0	8	-0	-0	-1	-2	5	1	2	0	0	0	-	-	-	-	-	-	-	-	-2	0	0	0
Changes in assets and liabilities:
Accounts receivable and unbilled receivables
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable and unbilled receivables
-	-	-	-	-	-	-	-	-	-	-	476	-3,332	-4,380	2,089	-4,178	144	2,950	3,698	8,729	7,898	3,810	2,975	1,217	-435	-652	112	-3,007	-2,361	-570	-1,214	624	-40	-3,283	0	0	0
Inventories
-151	29	-99	291	-38	26	-94	25	151	33	-57	77	134	95	344	43	14	-8	-5	-5	-59	-66	-78	-73	-31	-25	303	123	156	170	0	0	0	-	-	-	-
Prepaid expenses and other current assets
-233	12	-95	103	190	269	269	149	299	278	237	205	-16	-27	0	-191	-38	13	-56	13	-206	-317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0
Prepaid expenses and other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-
Other assets
-110	-62	1	1	117	172	74	63	62	-23	9	13	-5	-8	-81	-71	-69	-89	19	22	15	41	56	51	53	52	6	1	-9	-10	0	0	0	-	-	-	-
Accounts payable and accrued expenses
15,204	10,443	5,568	3,637	985	1,190	-1,186	-1,001	2,878	151	-554	1,890	2,042	1,307	2,954	-1,102	-926	2,154	3,016	7,058	6,240	3,862	456	63	-797	-1,438	675	-1,192	-1,445	-1,155	-886	-173	-814	-2,244	0	0	0
Income tax payable
32	33	0	5	7	10	-26	-26	-9	43	21	-4	-48	-75	-40	-0	53	49	-265	-206	190	-442	45	-43	-290	355	73	75	-123	-138	0	0	-112	-143	0	0	0
Deferred revenue and other liabilities
383	99	-516	-485	-452	-48	1,552	1,655	1,128	1,327	344	123	113	-817	-805	-682	308	1,344	1,353	1,175	188	-43	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-284	-273	-433	-242	0	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash provided by operating activities
6,453	5,854	4,028	1,025	-1,958	-2,134	-1,072	580	1,223	-2,991	0	0	0	-	-	-	-	-	-	-	-3,825	-2,587	-5,505	-3,979	-2,171	-1,153	1,534	3,753	2,299	1,000	1,437	-15	484	1,427	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment
338	370	311	307	331	261	286	309	631	695	702	692	313	274	249	279	359	413	355	282	336	262	440	454	428	512	305	316	365	316	415	437	354	432	0	0	0
Software development costs
428	146	145	203	216	228	238	305	425	368	213	314	346	332	0	0	0	-	-	-	-	138	138	138	138	0	0	0	0	-	-	-	-	350	0	0	0
Proceeds from the sale of property and equipment
-	-	-	-	-	-	-	-	-	55	54	53	52	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-767	-516	-456	-510	-548	-490	-523	-612	-817	-772	0	0	0	-	-	-	-	-	-	-	-4,383	-4,447	-4,685	-4,672	-566	-512	-438	-448	-421	-372	-8,361	-8,460	-8,688	-8,805	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES
Advances on bank line of credit
2,389	6,784	6,354	8,708	11,878	14,048	22,788	28,667	26,344	20,339	11,599	11,285	16,807	18,254	24,471	23,585	21,872	21,995	19,121	16,355	12,454	11,973	10,138	5,774	5,130	1,989	0	0	0	-	-	-	-	-	-	-	-
Repayments of bank line of credit advances
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advances on bank line of credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Repayments of bank line of credit advances
-	-	-	-	-	-	-	-	-	-	-	11,423	17,392	18,254	26,358	23,569	21,287	21,995	17,499	16,233	12,454	12,889	9,746	5,774	5,130	1,072	0	0	0	-	-	-	0	-	-	-	-
Issuance of long term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Principal repayments of long term debt
-	-	-	-	-	-	-	-	-	82	235	459	678	818	882	872	2,195	2,186	2,176	2,166	1,157	1,148	1,138	1,192	1,120	1,111	1,708	1,032	700	794	180	848	814	709	0	0	0
Principal repayments under capital lease obligations
0	-	0	0	0	-	129	110	89	79	30	30	31	30	43	58	68	68	65	60	58	52	48	44	41	42	18	44	51	53	76	51	46	44	0	0	0
Common stock repurchased
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	0	14	14	0	0	0	0
Restricted stock award tax liability payment
-	-	-	-	-	-	-	-	-	122	60	57	48	32	32	32	30	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from public stock offering, net of offering costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,024	11,425	11,425	11,470	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	44	22	22	22	17	17	17	17	0	-0	31	575	701	883	1,098	588	462	0	0	0	-	-	-	-	51	39	29	64	211	0	0	0
Net cash used in financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-875	-843	-365	-427	-275	-157	-853	-129	-178	-298	0	0	0	-	-	-	-	-	-	-	9,918	20,361	10,916	10,267	10,354	-191	-1,080	-981	-693	-805	3,319	3,261	3,329	3,597	0	0	0
Net effect of exchange rate on cash and equivalents
-51	-46	-57	-28	-95	-57	-23	53	178	212	55	23	-68	-30	3	29	58	-170	-203	-289	-319	-171	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
NET INCREASE IN CASH AND CASH EQUIVALENTS
4,759	4,447	3,149	58	-2,878	-2,840	-2,473	-108	406	-3,851	838	-2,855	787	1,193	-4,857	-1,359	-5,272	-5,224	7,363	5,584	1,390	13,154	670	1,599	7,616	-1,857	15	2,323	1,184	-177	-3,604	-5,213	-4,874	-3,780	0	0	0
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest
235	216	214	144	97	51	51	39	32	23	32	40	53	67	87	102	149	157	161	169	157	167	191	211	200	205	198	195	257	216	0	0	0	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash paid for income taxes
-	-	-	-	-	44	14	22	19	8	4	-3	-3	0	0	0	0	-	10	93	149	125	125	102	-4	10	0	0	0	-	-	-	263	263	0	0	0
Cash received from income tax refund
-	-	-	-	-	-	-	-	-	2	23	23	23	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NONCASH INVESTING AND FINANCING ACTIVITIES
Acquisition of assets under capital lease obligation (Note 8 and 13)
-	-	-	-	-	-	-	-	-	391	93	93	93	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of assets under capital lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	178	178	179	0	0	0	0