Zix corp (ZIXI)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Operating activities:
Net loss

-14,647

15,444

-8,057

5,837

-

-

-

-

-

-

-

Net income

-

-

-

-

5,016

4,103

10,453

11,003

22,554

41,213

-4,435

Non-cash items in net loss:
Depreciation and amortization

24,429

3,706

2,741

2,303

2,152

1,623

1,466

1,343

1,373

1,402

1,328

Amortization of debt issuance costs

967

-

-

-

-

-

-

-

-

-

-

Employee stock-based compensation costs

6,251

3,318

2,874

1,783

2,173

1,681

1,711

1,166

569

1,886

3,063

Noncash lease costs

2,828

-

-

-

-

-

-

-

-

-

-

Non-employee stock-based compensation

-

-

-

-

-

-

-

10

48

42

31

Changes in deferred taxes

-4,296

-4,754

18,470

3,186

2,743

2,398

-1,401

-2,295

-11,796

-35,290

4

Changes in operating assets and liabilities:
Receivables

369

1,376

-64

711

-954

-872

1,357

263

-640

584

284

Prepaid and other current assets

1,036

-108

386

-79

536

334

341

275

264

-150

-220

Deferred costs and other assets

2,347

3,139

-

-

-

-

-

-

-

-

-

Accounts payable

6,121

-325

645

-15

-81

-1

-103

140

-87

-190

168

Deferred revenue

-1,356

1,892

1,370

3,200

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

1,536

2,127

1,986

1,009

593

-529

-145

Earn-out payment

582

195

-

-

-

-

-

-

-

-

-

Accrued and other liabilities

-2,012

1,992

483

-411

1,660

848

884

695

-411

-910

-

Net cash provided by operating activities

-

-

-

-

15,617

13,317

13,298

12,533

-

-

-

Accrued and other liabilities

-

-

-

-

-

-

-

-

-

-

653

Net cash provided by (used in) operating activities

13,951

16,671

18,204

15,251

-

-

-

-

13,219

7,190

603

Investing activities:
Purchases of property, equipment and internal-use software

11,653

4,179

3,041

2,136

-

-

-

-

-

-

-

Purchases of property and equipment

-

-

-

-

1,951

3,402

1,593

1,533

1,471

1,492

1,141

Acquisition of business, net of cash acquired

284,590

11,773

8,244

-

-

-

-

-

-

-

-

Net cash used in investing activities

-

-

-

-

-1,951

-3,402

-1,593

-1,533

-

-

-

Sales of marketable securities

-

-

-

-

-

-

-

-

-

25

-

Sales (purchases) of marketable securities

-

-

-

-

-

-

-

-

-

-

25

Restricted cash investments, net

-

-

-

-

-

-

-

-

-

-

-28

Net cash used in investing activities

-296,243

-15,952

-11,285

-2,136

-

-

-

-

-1,471

-1,467

-1,138

Financing activities:
Proceeds of long-term debt

187,000

-

-

-

-

-

-

-

-

-

-

Debt issuance cost

6,444

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of preferred stock, net of offering costs

96,588

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

415

166

4,206

205

8,674

748

1,705

308

1,791

2,786

19

Deferred debt financing costs

-

60

-

-

-

-

-

-

-

-

-

Repayment of long-term debt

1,363

-

-

-

-

-

-

-

-

-

-

Repayment of finance lease liabilities

1,707

-

-

-

-

-

-

-

-

-

-

Stock issuance costs

-

45

-

-

-

-

-

-

-

-

-

Proceeds from exercise of warrants

-

-

-

-

-

-

-

-

3,707

2,949

636

Payment of license subscription note payable

-

-

-

-

-

-

-

-

186

126

78

Purchase of treasury shares

1,906

6,049

4,573

15,527

15,361

16,496

8,880

9,000

20,999

-

-

Earn-out payment

3,843

605

-

-

-

-

-

-

-

-

-

Net cash used in financing activities

-

-

-

-

-6,687

-15,748

-7,175

-8,692

-

-

-

Net cash provided by financing activities

268,740

-6,593

-367

-15,322

-

-

-

-

-15,687

5,609

577

Effect of exchange rate on cash

-208

-26

-

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-13,760

-5,900

6,552

-

-

-

-

-

-

-

-

Increase (decrease) in cash and cash equivalents

-

-

-

-2,207

6,979

-5,833

4,530

2,308

-3,939

11,332

42