SOLITARIO ZINC CORP. XPL Cash Flow

Solitario zinc corp. (XPL)

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
Operating activities:
Net loss
-607,000	-366,000	-1,480,000	-1,002,000	-441,000	-1,258,000	-723,000	-613,000	-1,004,000	514,000	807,000	-273,000	-106,000	-3,480,000	2,421,000	-162,000	-489,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-142,000	-451,000	-259,000	-508,000	-541,000	-535,000	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-994,000	-898,000	-1,378,000	-460,000	-862,000	-3,003,000	-1,901,000	-1,370,000	-694,000
Adjustments to reconcile net loss to net cash used in operating activities:
Unrealized loss (gain) on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-17,000	-54,000
Depreciation
6,000	6,000	6,000	6,000	7,000	6,000	7,000	6,000	6,000	5,000	6,000	1,000	1,000	1,000	1,000	2,000	1,000	4,000	2,000	2,000	3,000	2,000	3,000	5,000	3,000	5,000	5,000	9,000	7,000	19,000	15,000	13,000	14,000	12,000	13,000	10,000	11,000
Amortization of right of use lease asset
10,000	-	-	-	10,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on marketable equity securities
-233,000	-	-	-	-326,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	313,000	-	-	-	-	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109,000	-	-	-	-
Loss (gain) on warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-99,000	-241,000	729,000	0	0	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-221,000
Employee stock option expense
85,000	85,000	85,000	85,000	88,000	150,000	68,000	432,000	10,000	27,000	23,000	0	0	0	939,000	29,000	2,000	96,000	157,000	156,000	157,000	156,000	511,000	55,000	56,000	214,000	14,000	67,000	125,000	209,000	175,000	174,000	174,000	174,000	174,000	175,000	174,000
Gain on sale of marketable equity securities
25,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on derivative instruments
-25,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (loss) on marketable equity securities
-	-	-	-	-	-	-	-222,000	-441,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss (gain) on marketable equity securities
-	-	-	-	-	-	-	-	-	-	-157,000	-333,000	-128,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-89,000	-27,000	-175,000	-62,000	-437,000	997,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	8,000	-8,000	-	-1,000	-2,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-28,000	-125,000	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100,000	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on asset and equity security sales
-	-	-	-	-	-	-	-	-	-	-	-	-	0	42,000	-16,000	0	-	-	-	-	0	-70,000	-103,000	-300,000	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-133,000	1,000	0	-1,000	-1,000	-82,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,000	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,378,000	-460,000	-862,000	-3,003,000	-1,901,000	-1,370,000	-694,000
Unrealized gain on derivative instruments
-	-	-	-	-	-	-	-	-	-	-552,000	113,000	172,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-64,000	0	-3,000	-46,000	22,000	120,000	-66,000	-	-	-	-
Gain on warrant liability
-	-	-	-	-	-	-	-	-	-	-	-	-	0	8,000	-1,000	-3,000	-2,000	-28,000	28,000	-49,000	-227,000	-77,000	-41,000	260,000	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-169,000	-216,000	-436,000	113,000	-109,000	-	-	-	-
Deferred income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-152,000	245,000
Amortization of discount on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85,000	49,000	53,000	52,000	51,000	50,000	64,000
Property abandonment and impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,000	7,000	24,000	0	0	-	-	-	-
Gain on equity security sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities:
(Gain) on asset and equity security sales
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-332,000	-67,000	0	-302,000	-1,568,000
Prepaid expenses and other assets
21,000	-5,000	-325,000	178,000	-64,000	117,000	-115,000	16,000	32,000	89,000	-1,000	-68,000	32,000	-38,000	6,000	7,000	18,000	5,000	-38,000	-23,000	3,000	0	-25,000	16,000	69,000	2,000	51,000	39,000	-14,000	-72,000	200,000	-167,000	239,000	166,000	-23,000	-119,000	-26,000
Note receivable, net of mineral property sold
0	0	446,000	-446,000	223,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other current liabilities
56,000	31,000	-490,000	-35,000	-3,000	554,000	-19,000	-12,000	24,000	7,000	-108,000	131,000	-12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	63,000	-92,000	101,000	-246,000	123,000	18,000	-116,000	-67,000	-8,000	-34,000	-33,000	90,000	-141,000	33,000	-361,000	231,000	157,000	-111,000	-229,000	472,000	-9,000	-353,000
Net cash (used in) operating activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-280,000	-622,000	-230,000	-401,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in ) operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-168,000	-20,000	-2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-238,000	-254,000	-1,390,000	-823,000	-172,000	-343,000	-574,000	51,000	-491,000	-350,000	-255,000	-668,000	-385,000	-	-	-368,000	-632,000	-280,000	-790,000	-250,000	-403,000	-353,000	-293,000	-476,000	-488,000	-426,000	-134,000	-886,000	-791,000	-1,369,000	-248,000	-996,000	-891,000	-2,900,000	-1,477,000	-1,574,000	-1,980,000
Investing activities:
Sale of short-term investments, net
40,000	494,000	1,391,000	851,000	602,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of short-term investments, net
-	-	-	-	-	-	-	-	-408,000	-309,000	-758,000	-2,250,000	-246,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to other assets
-	-	-	-	-	-1,000	19,000	0	-8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale (purchase) of short-term investments - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-246,000	31,525,000	0	-16,007,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of marketable equity securities
-	-	-	-	-	-	-	-	-	0	411,000	0	167,000	0	608,000	-304,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of other assets
-	-	-	-	-	-	-	-	-	-	2,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Proceeds from mineral property sale receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000,000	-	-	-	-	-	-	-	-
Proceeds from mineral property sale receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Cash from sale of marketable equity securities
76,000	-	-	-	0	-	-	-	-	0	407,000	0	259,000	0	16,000	40,000	0	-	-	-	-	0	83,000	123,000	350,000	481,000	45,000	313,000	0	73,000	0	1,238,000	353,000	71,000	0	316,000	1,648,000
Purchase (sale) of derivative instruments - net
-9,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to mineral properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	464,000	535,000	-	-	-	-	-	-	-	-	-	-	-	-
Sale of derivative instrument, net
-	-	-	-	-	-	-	-	-	-2,000	12,000	18,000	25,000	0	0	5,000	40,000	0	0	0	84,000	0	0	0	36,000	-	-	-	-	-	-	-	-	-	-	-	-
Additions to mineral properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-362,000	-900,000	-1,510,000	-712,000	-335,000	-35,000	-50,000	-1,520,000	-160,000
Additions to other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-311,000	-77,000	0	-9,000	-3,000	-66,000	57,000	-107,000
Purchase of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-10,000	-1,000	11,000	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	24,283,000	527,000	84,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used in) investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-296,000	-542,000	-221,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net cash provided by investing activities
107,000	494,000	1,162,000	851,000	602,000	304,000	556,000	101,000	400,000	307,000	347,000	768,000	363,000	245,000	505,000	-299,000	-15,967,000	-2,000	23,987,000	-15,000	-137,000	-695,000	-516,000	-342,000	-138,000	-353,000	-541,000	-227,000	3,638,000	-1,146,000	-1,519,000	6,526,000	9,000	18,000	-59,000	-1,147,000	1,381,000
Financing activities:
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000,000	1,000,000	-	-	-	-	-	-	-	-
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	500,000
Proceeds from exercise of options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	0	183,000	0	0	0	0	15,000	51,000	145,000	36,000
Noncontrolling interest contribution, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131,000	0	0	50,000	0	0	0	80,000
Purchase of common stock for cancellation
3,000	1,000	1,000	2,000	9,000	26,000	10,000	39,000	26,000	4,000	0	22,000	6,000	34,000	13,000	118,000	83,000	67,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock , net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,630,000	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	902,000	0	0	-802,000	-	-	-	-	1,100,000	460,000	318,000	787,000	0	0	0	1,075,000
Proceeds from issuance of debt, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-588,000	1,500,000	0	0	-	-	-	-
Proceeds from issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,060,000	0	0	-	-	-	-	-	-	-	-
Repayment of short-term borrowing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,498,000	1,118,000	382,000	0	-	-	-	-	-	-	-	-
Payment to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	250,000	-	-	-	-	-	-	-	-	-	-	-	-
Payment to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	250,000	131,000	19,000	0	150,000	0	100,000	0	100,000
Net cash used in financing activities
-3,000	-1,000	-1,000	-2,000	-9,000	-26,000	-10,000	-39,000	-26,000	-4,000	0	-22,000	-6,000	-	-13,000	-118,000	-83,000	121,000	-5,000,000	0	0	0	1,500,000	0	578,000	-497,000	692,000	68,000	933,000	1,106,000	-1,818,000	-157,000	687,000	-6,000	-49,000	7,156,000	591,000
Net increase (decrease) in cash and cash equivalents
-134,000	239,000	-229,000	26,000	421,000	-65,000	-28,000	113,000	-117,000	-47,000	92,000	78,000	-28,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	56,000	-785,000	-16,682,000	-161,000	18,197,000	-265,000	-540,000	-1,048,000	691,000	-818,000	-48,000	-	-	-	-	-1,409,000	-3,585,000	5,373,000	-195,000	-2,888,000	-1,585,000	4,435,000	-8,000
Cash paid for interest, capitalized to mineral property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	95,000	67,000	66,000	66,000	58,000	46,000	50,000	49,000	51,000	-34,914,000	35,000,000	87,000	0	0	0	-	-	-	-
Capitalized non-cash interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	59,000	103,000	103,000	103,000	103,000	103,000	103,000	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of stock to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,000	75,000	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of stock from restricted stock grant
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	45,000	-	-	-	-	-	-	-	-	-	-	-	-
Capitalized non-cash interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	145,000,000	0	0	0	0	-	-	-	-
Issuance of stock to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	77,000,000	-	-	-	-	-	-	-	-
Issuance of stock to settle severance liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Transfer of contra-noncontrolling interest to noncontrolling interest upon earn-in
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	531,000	-	-	-	-
Loan to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49,000	-	-	-	-
Loan to non controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Issuance of stock to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	41,000	140,000	0	0	0
Transfer of contra-noncontrolling interest to noncontrolling interest upon earn-in
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	531,000	-	-	-	-
Transfer of contra-noncontrolling interest to noncontrolling interest upon earn-in
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Disproportionate share entry from noncontrolling interest to additional paid in capital upon earn-in
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,983,000	0	0	0	0
Reclassification of stock option liability to additional paid-in capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,240,000
Reclassification of stock option liability to accumulated deficit, net of deferred taxes of $543
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	992,000