- How did your companys use of cash differ in operating activities from year-to-year?
- What are the sources and uses of cash in both investing and financing activities?
As Reported Annual Cash FlowReport Date12/31/202212/31/2021CurrencyUSDUSDAudit StatusNot QualifiedNot QualifiedConsolidatedYesYesScaleThousandsThousandsNet income (loss)$12,587,000$5,644,000Depreciation, amortization & impairment$3,747,000$2,911,000Stock-based compensation$1,560,000$2,121,000Amortization of debt discounts & issuance costs--Inventory & purchase commitments write-downs$177,000$140,000Loss on disposals of fixed assets--Foreign currency transaction net loss (gain)--Foreign currency transaction net unrealized loss (gain)$81,000$(55,000)Non-cash interest & other operating activities$340,000$245,000Digital assets loss (gain), net$140,000$(27,000)Account receivables$(1,124,000)$(130,000)Inventory$(6,465,000)$(1,709,000)Operating lease vehicles$(1,570,000)$(2,114,000)Prepaid expenses & other current assets$(1,417,000)$(271,000)Other non-current assets$(2,551,000)$(1,291,000)Accounts payable & accrued liabilities$6,029,000$4,578,000Deferred revenue$1,131,000$793,000Customer deposits$155,000$186,000Other long-term liabilities$1,904,000$476,000Net cash flows from operating activities$14,724,000$11,497,000Purchases of property & equipment excluding finance leases, net of sales$(7,158,000)$(6,482,000)Purchases of solar energy systems--Purchases of solar energy systems, net of sales$(5,000)$(32,000)Purchases of digital assets-$(1,500,000)Proceeds from sales of digital assets$936,000$272,000Purchases of marketable securities-$(132,000)Purchase of intangible assets$(9,000)-Purchases of investments$(5,835,000)-Proceeds from maturities of investments$22,000-Receipt of government grants$76,000$6,000Business combinations, net of cash acquired--Net cash (used in) flows from investing activities$(11,973,000)$(7,868,000)Proceeds from issuances of common stock in public offerings, net of underwriting discounts--Proceeds from issuance of convertible & other debt-$8,883,000Repayments of convertible & other debt$(3,364,000)$(14,167,000)Collateralized lease repayments-$(9,000)Proceeds from exercise of stock options & other stock issuances$541,000$707,000Principal payments on finance leases$(502,000)$(439,000)Debt issuance costs-$(9,000)Proceeds from investment by noncontrolling interests in subsidiaries-$2,000Distributions paid to noncontrolling interests in subsidiaries$(157,000)$(161,000)Payments for buy-outs of noncontrolling interests in subsidiaries$(45,000)$(10,000)Net cash flows from financing activities$(3,527,000)$(5,203,000)Effect of exchange rate changes on cash & cash equivalents & restricted cash$(444,000)$(183,000)Net increase (decrease) in cash & cash equivalents & restricted cash$(1,220,000)$(1,757,000)Cash & cash equivalents & restricted cash, beginning of period$18,144,000$19,901,000Cash & cash equivalents & restricted cash, end of period$16,924,000$18,144,000Cash paid during the period for interest, net of amounts capitalized$152,000$266,000Cash paid during the period for taxes, net of refunds$1,203,000$561,000
