XOMA Corp XOMA Cash Flow

Xoma corp (XOMA)

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 (loss) income
-4,758	-4,321	3,178	-4,072	3,233	-3,012	-4,578	-1,947	-3,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	286	-10,715	-17,480	-12,525	-15,160	-8,365	25,352	-481	-23,759	-21,718	-7,318	-14,399	-11,897	-4,687	-52,299	-29,624	-17,248	-24,887	2,366	-26,851	-16,155	-30,425	-11,735	-6,542	-8,131	-6,335
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	464	477	-	601	633	780	-	889	1,154	1,265	1,305	1,350	1,356	1,346
Common stock contribution to 401(k)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	870	-	0	0	828	0	0	0	1,134	-	-	-	-
Common stock contribution to 401(k)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,046
Stock-based compensation expense
1,788	715	1,494	1,011	1,728	869	847	770	1,416	2,408	2,038	1,855	1,000	1,445	1,729	2,165	2,306	1,409	1,964	2,689	3,665	887	3,537	2,424	3,924	1,153	1,227	1,100	1,619	916	2,122	572	674	2,161	1,542	2,284	1,772
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	417	444	458	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock contribution to 401(k)
88	0	0	0	102	0	0	0	20	0	0	0	506	0	0	0	785	0	0	0	986	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
6	6	7	6	6	7	8	7	8	15	58	84	147	-	-	-	215	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revaluation of contingent warrant liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,962	20,002	-	-11,124	-1,781	-12,840	16,574	-9,208	-2,181	-14,357	517	499	460	2,390
Restructuring charge related to long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	219	160	374	1,707	0	0	0	0
Amortization of debt issuance costs, debt discount and final payment on debt
191	202	156	124	110	-	-	-	-	0	39	119	286	376	359	362	354	383	374	360	296	666	679	688	674	629	627	611	603	570	449	472	467	341	358	363	298
Provision for bad debt
1,409	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash lease expense
-37	-2,060	73	585	-488	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	0	-135	0	-515	-	-	-	-	0	0	0	-429	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on foreign currency exchange
-	-	-	-	-	-	-	-	-	-	-248	-938	-261	873	-135	310	-559	526	-227	-378	1,949	739	1,300	175	66	-717	-210	-250	515	-383	-295	759	-376	623	740	-257	-1,619
Gain on sale and disposal of equipment
-	-	-	-	-	-	-	-	-	-	-103	-88	1,314	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of equity securities
-273	-192	-265	31	715	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revaluation of contingent warrant liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-9	-260	-3,263	-6,932	6,394	-24,422	176	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on foreign exchange options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-87	-117	-122	57	8	-3	-189	7	-110	-335	-276	-455	1	156	0
Other
-	-	-	-	-	-	0	-1	21	201	-205	-2	-55	-37	-33	-48	2	-70	19	-1	-5	-351	3	3	-1	-1	33	-16	4	28	-8	-52	43	47	-36	-1	-10
Changes in assets and liabilities:
Trade and other receivables, net
-212	-	-	-	1,329	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax receivable
1,526	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade and other receivables
-	-	-	-	-	111	835	44	39	-629	-9,605	10,098	-33	-219	-203	-1,018	-2,092	-35,273	36,694	-622	-38	-111	-2,089	1,198	530	-1,849	-1,663	1,023	-1,997	1,187	600	-3,683	-2,168	-2,568	-15,769	-826	10,631
Prepaid expenses and other assets
-147	-505	-103	410	-42	-15	-76	246	-53	387	-218	70	-345	-358	205	-466	-415	-991	761	256	2	-268	439	-432	923	-1,523	162	78	802	-263	1,127	-2,357	1,651	619	249	1,848	-247
Accounts payable and accrued liabilities
38	-474	39	309	-116	617	643	-828	-1,593	-2,492	-293	-1,680	-5,281	162	-1,471	1,951	-4,580	-1,715	3,589	2,501	-6,455	639	787	542	-5,721	5,031	1,998	2,969	-7,097	1,034	5,045	1,627	-3,221	-839	1,200	2,924	-5,429
Unearned revenue recognized under units-of-revenue method
-	-	-	-	-	-	121	-87	62	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued restructuring costs
-	-	-	-	-	-	-	-	-	-	-	-	-	3,575	1	-120	-321	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest on long-term debt
-	-	-	-	-	-	-	-	-	-	-	178	-76	156	22	159	-6	199	-29	120	90	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest on interest bearing obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-194	1,764	-	-274	-171	-1,586	-308	-267	-217	-394	-261	-267	-264	-231
Unearned revenue recognized under units-of-revenue method
-304	-	-	-	-105	-	-	-	-	-	-9,638	-109	-110	18,000	-125	125	-2,306	-36,112	36,810	-179	-163	-449	-1,515	-495	-524	-1,963	-723	-602	-111	-563	-1,155	-2,677	884	-786	-626	-6,226	-6,156
Operating lease liabilities
-39	-	-	-	-528	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax payable
-	-	-	-	-	0	0	-1,666	29	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
158	167	167	186	241	399	156	467	156	-	-	-	-	-	0	0	-500	-	-	-	-	-2	-5	-30	-51	-5	-4	-108	-1,554	122	15	-25	-37	-119	103	65	-90
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-14,348	6,998	-12,045	-12,356	-16,286	28,767	-19,032	-16,347	-24,280	-17,379	-15,804	-16,899	-28,200	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) provided by operating activities
-2,280	-4,148	3,799	-3,093	3,157	-2,712	-2,744	-3,349	-3,839	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,830	-11,244	-14,528	-	-11,165	-6,592	-11,675	-8,087	-7,642	-10,133	-3,200
Cash flows from investing activities:
Proceeds from sale of equipment
-	-	-	-	-	-	-	-	-	0	0	801	813	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,000	20,000	17,000	0	0	0	-	-	-	-
Purchase of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	28	0	0	31	-36	60	181	225	98	147	31	49	100	210	361	498	412	976	573	548	718	333	1,365	888
Payments related to purchase of royalty rights
-	0	13,000	6,000	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	0	-13,000	-6,000	-300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-210	19,639	19,502	-	-5,522	-12,563	-548	-718	-333	-1,365	-888
Cash flows from financing activities:
Net cash provided by investing activities
-	-	-	-	-	-	-	-	-	-	-	-	813	-24	622	45	-31	4,898	-42	-181	-225	4,902	4,853	9,969	-49	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of convertible preferred stock, net of issuance costs
-	-	-	-	-	-	-	-	-	0	-53	0	20,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock, net of issuance costs
-	-	-	-	-	3,732	0	22	2,309	220	4,540	20	5,380	-	-	-	-	-189	149	77	134	37,919	310	160	3,053	54,379	29,697	202	60	36,874	198	-54	39,480	2,708	2,525	5,781	4,129
Proceeds from exercise of options
-	-166	519	20	237	70	32	467	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	35	1,738	438	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20,000	-	-	0	0	-	-	-	-	-	-	-	-	8,734	0	0	20,102
Payment of preferred and common stock issuance costs for prior year
166	-60	0	1	376	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs and loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	35	477	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments – debt
938	-	-	-	-	-	-	-	-	0	0	0	16,380	1,833	1,786	0	3,271	0	0	45	6,083	1,042	1,042	1,041	2,792	1,042	1,041	1,042	0	0	715	714	714	0	0	0	0
Principal payments – finance lease
5	4	4	4	3	-	3	3	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disgorgement of stockholder's short-swing profits
13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of final fee related to loan extinguishment
-	-	-	-	-	-	-	-	-	0	0	0	1,150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments – capital lease
-	-	-	-	-	-	-	-	-	0	0	0	51	25	27	29	28	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Taxes paid related to net share settlement of equity awards
-	-228	397	48	59	9	0	234	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	7,871	-1,846	-1,813	16	-3,299	80	149	-2	13,574	36,877	-732	-881	296	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-33	-4	0	-4	2	-24	14	-4	-23	-15	-152	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-573
Payment of issuance costs on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,102
Net cash used in financing activities
-1,096	21,092	6,618	2,984	-201	20,059	7,493	71	2,316	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,094	-840	60	-	3,969	-815	38,766	11,442	2,525	5,781	24,231
Net (decrease) increase in cash
-3,376	-	-	-	2,656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash
-	-	-	-	-	-	-	0	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in cash
-	-	-	-	-	-	-	-3,278	-1,503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-4,276	35,282	-7,580	-5,697	5,124	-13,236	-12,299	-19,614	33,721	-18,911	-16,534	-10,954	24,385	-11,835	-7,811	-27,953	27,671	16,054	7,555	5,034	3,146	-12,718	-19,970	26,543	2,064	-5,450	-5,717	20,143
Supplemental Cash Flow Information:
Cash paid for interest
199	201	140	110	107	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	396	418	597	481	646	475	660	459	333	161	435	219	2,194	274	309	346	333	312	257	271	195	-	-	-	-
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	15
Non-cash investing and financing activities:
Other receivable related to sale of equipment
-	-	-	-	-	-	-	-	-	-	-	-	811	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of contingent warrant liability to equity upon exercise of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	2,525	-	-	4	0	-	-	-	-	-	-	-	-
Issuance of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-10	6,386	-	0	0	0
Interest added to principal balance on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190	266	166	313	219	343	200	398	-	-	-	-
Prepaid financing cost related to issuance of common stock
-	-	-	-	66	0	0	0	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Estimated fair value of contingent consideration under the royalty purchase agreements
-	0	-3,000	3,000	75	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	450	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest added to principal balances on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0