22nd Century Group, Inc. XXII Cash Flow

22nd century group, inc. (XXII)
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 loss
-28,513	-26,558	-29,279	-12,729	-11,426	-7,966	-2,783	-12,404	-9,021	-13,029	-12,040	-11,403	-10,950	-11,581	-11,699	-11,781	-10,167	-11,031	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-22,637	-7,713	-7,125	-6,736	-1,573	-1,575	-2,820	-1,347	0	0	0
Adjustments to reconcile net loss to cash used in operating activities:
Amortization and depreciation
1,163	1,186	1,275	1,256	1,223	1,199	1,084	982	912	848	815	792	767	744	728	715	696	676	634	591	552	462	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of license fees
238	238	232	212	178	142	113	98	98	98	98	98	98	98	98	98	98	98	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease expense
228	212	159	106	55	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain on investment
-5,838	-2,419	-11,196	-4,313	-2,888	284	10,066	6,143	6,143	342	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss on short-term investment securities
-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized loss on short-term investment securities
233	220	140	43	-70	-54	-48	-42	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on the sale of machinery and equipment
0	87	87	87	87	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	71	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on the sale of machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Interest due to debt conversion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	526	526	17	27	31	0	0	0	-	-	-	-
Warrant liability (gain) loss
-	-	-	-	-	48	29	-26	-103	-157	-123	-114	-46	29	-40	34	156	144	373	488	449	-3,676	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization and depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	212	205	198	193	188	182	179	0	0	0
Amortization of debt issue costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	3	9	20	18	0	0	0	-	-	-	-
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134	452	760	1,033	1,372	1,084	753	426	34	0	0	0
Amortization of license fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-131	-	-200	-192	-152	-101	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest on notes payable and accrued severance
48	47	39	31	21	10	10	13	21	29	31	33	35	37	56	52	55	45	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest on Panacea investments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant liability loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,771	-1,998	0	0	0	-	-	-	-
Warrant amendment inducement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	144	3,880	3,880	3,880	3,736	0	0	0	-	-	-	-	-	-	-	-
Equity-based compensation
3,571	3,539	2,874	1,906	3,072	3,187	3,078	2,864	1,336	941	785	731	789	880	1,002	1,112	1,232	1,326	1,683	1,984	2,290	2,293	1,643	1,061	463	980	977	974	1,632	807	0	0	0	-	-	-	-
Equity-based payments for outside services
-	-	-	-	-	-	-	-	-	-	-	-	-	30	79	177	194	2,259	4,279	4,344	4,318	2,231	231	357	1,291	1,381	1,612	1,324	495	416	0	0	0	-	-	-	-
Decrease in allowance for doubtful accounts
-	-	-	-	-	-	-	-	-	-10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in allowance for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) increase in inventory reserve
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-60	-60	-60	-60	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
(Increase) decrease in assets:
Accounts receivable
-342	-4	-162	-372	799	-85	810	565	674	906	99	602	-110	-10	-198	-333	-96	61	225	433	209	0	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0
Grant receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-223	0	0	0
Inventory
99	207	-124	-71	76	-333	-894	-1,535	66	129	1,181	1,381	259	531	717	765	357	701	686	708	971	620	422	438	382	175	134	84	552	552	320	256	-90	369	0	0	0
Prepaid expenses and other assets
35	-280	-407	-47	-168	181	737	770	619	551	54	-240	-169	-497	70	402	237	478	243	137	124	214	152	218	192	-10	167	156	-19	-7	-227	-273	-125	-194	0	0	0
Increase (decrease) in liabilities:
Operating lease obligations
-227	-212	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease obligations
-227	-212	-159	-106	-55	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-1,786	-732	-2,179	-968	-251	323	1,840	400	1,234	473	9	505	-209	-136	-104	322	71	86	345	68	824	625	47	117	-50	-629	-66	56	-105	705	317	191	644	-222	0	0	0
Accrued interest payable to related parties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27	23	-20	-2	0	0	0	-	-	-	-
Accrued interest payable to shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Accrued expenses
733	792	-111	240	42	-166	594	543	422	586	183	111	-69	-21	101	98	971	649	-278	189	-692	-93	865	350	497	114	-384	-81	-55	-58	11	250	53	317	0	0	0
Accrued severance
0	-	-	-	0	-	-	-	-	-203	-225	-233	-225	-233	-367	-306	-254	-225	-30	-30	-30	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred revenue
-203	-78	108	-159	274	54	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-179	0	0	0	179	0	0	0	-	-	-	-	-223	0	0	0
Net cash used in operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-7,600	-	-7,650	-7,954	-7,981	-6,582	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in operating activities
-14,568	-14,587	-16,980	-18,198	-19,381	-17,844	-15,009	-13,407	-12,516	-12,068	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,625	-1,764	-2,278	-2,191	-2,072	-3,449	0	0	0
Cash flows from investing activities:
Acquisition of patents and trademarks
611	515	781	762	635	656	456	454	448	450	432	388	386	356	0	0	0	-	-	-	-	726	680	365	313	290	232	177	176	162	27	46	80	598	0	0	0
Acquisition of machinery and equipment
410	527	582	547	396	448	630	1,442	1,320	1,156	963	190	209	197	140	53	35	37	59	86	170	212	3,147	3,110	3,026	2,994	0	0	0	-	-	-	-	-	-	-	-
Proceeds from the sale of machinery and equipment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of machinery and equipment
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and maturities of short-term investment securities
0	-	0	0	0	-	0	0	41,937	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of short-term investment securities
0	-	0	0	0	-	0	0	95,898	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the sale of machinery and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	631	631	631	631	0	0	0	0	-	-	-	-	-	-	-	-
Equity investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-
Advance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-448	-	-1,168	-2,920	-3,166	-2,707	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of office furniture and fixtures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4	4	9	0	0	0
Net cash provided by investing activities
4,781	4,551	17,311	16,172	14,998	15,145	-49,437	-52,052	-55,730	-60,586	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-190	-162	-27	-50	-84	-607	0	0	0
Cash flows from financing activities:
Payment on note payable
700	700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,620	549	401	436	41	20	85	50	443	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	444	217	217	217	0	0	0	0	-	-	-	-	-	-	-	-	48	53	39	39	5	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from exercise of stock warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	0	50	50	50	50	0	20	319	486	486	2,178	2,422	2,254	0	0	0	-	-	-	-	-	-	-	-
Proceeds from issuance of notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	150	150	156	181	56	0	0	0	-	-	-	-
Net proceeds from July 2016 registered direct offering
-	-	-	-	-	-	-	-	-	-	-	-	-	4,682	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on borrowings - convertible notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	339	339	339	339	0	0	0	0	-	-	-	-
Net proceeds from registered direct offering
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	0
Net proceeds from private placement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Stock cancellation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	34	34	34	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other capital contribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net payments from related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net payments to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	17	18	21	0	0	0	-	-	-	-
Net advances from officers
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	7	7	7	-3	-57	3	-3	4	18	-15	-8	-10	0	0	0
Net cash provided by financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10,256	-	5,540	14,898	9,619	9,862	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
9,915	9,915	-472	-472	-572	-355	50,183	56,350	63,063	62,845	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,094	1,675	2,308	2,157	1,284	4,308	0	0	0
Net increase (decrease) in cash and cash equivalents
129	-119	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (decrease) increase in cash and cash equivalents
-	-	-	-	-	-	-	-	-5,183	-	9,832	9,642	4,677	9,707	-1,551	-5,356	2,207	-2,642	-3,278	4,023	-1,529	572	8,984	3,721	5,094	5,830	1,029	449	278	-252	0	0	0	-	-	-	-
Net (decrease) increase in cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Supplemental disclosures of cash flow information:
Net cash paid for:
Cash paid during the period for interest
3	3	3	3	0	0	25	26	27	29	30	20	29	37	10	20	12	7	9	10	10	7	61	106	106	135	80	35	-150	15	18	18	203	196	0	0	0
Cash paid during the period for income taxes
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non-cash transactions:
Reclassification of derivative liability to equity due to warrant amendments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,367	15,951	21,596	21,801	14,433	0	0	0	-	-	-	-	-	-	-	-
Patent and trademark additions included in accounts payable
63	155	-31	120	152	152	331	214	209	188	200	218	201	185	247	275	259	310	383	185	304	193	-71	170	102	42	42	11	3	0	0	0	0	-	-	-	-
Machinery and equipment additions included in accounts payable
-161	0	4	19	111	18	53	135	146	77	0	0	0	-	-	-	-	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets and corresponding operating lease obligations
0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Right-of-use assets and corresponding operating lease obligations
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other capital contribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Issuance of common stock in satisfaction of accrued expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification of warrant liability to capital in excess of par
-	-	-	-	-	-	-	-	-	-	-	-	-	2,810	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Machinery and equipment additions included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Machinery and equipment included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Reclassification of machinery and equipment purchases to inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	37	37	37	0	0	0	0	-	-	-	-	-	-	-	-
Common stock issued in connection with litigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock for services recorded as prepaid expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock issued as payment of accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-359	0	0	0	-	-	-	-
Payment of accounts payable for patent costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	0	0	0
Payment of accounts payable for deferred private placement costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	526	0	0	0
Accounts payable converted to promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	769	769	769	769	0	0	0	0	587	0	0	0
Supplemental accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,613	0	0	0
Accrued interest converted to promissory notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	26	26	26	0	0	0	0	-	-	-	-
Common stock issued for prepaid services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Deferred private placement costs charged to contributed capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	587	0	0	0
Notes payable and accrued interest converted to common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,650	1,650	1,427	1,462	120	0	0	0	-	-	-	-
Notes payable converted to common shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Common stock issued in payment of preferred stock dividend payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	93	93	93	52	0	0	0	0	-	-	-	-
Common stock issued for fees relating to January 2013 preferred stock private placement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	416	0	0	0	-	-	-	0	-	-	-	-
Refinance of convertible note to note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	57	57	57	0	0	0	0	-	-	-	-
Issuance of warrants as derivative liability instruments upon conversion of notes payable and accrued interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Issuance of warrants as derivative liability instruments and reduction of capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,675	7,055	5,554	3,567	1,532	0	0	0	-	-	-	-
Office furniture & fixture additions included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Deferred debt issuance costs included in accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Issuance of warrants as derivative liability instruments and reduction of capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0