MIND Technology, Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-21.1M | $-33.2M | $-38.7M | $-9.2M | $4.8M | $17.1M | $24.3M | $4.7M |
| Depreciation & Amortization | $2.1M | $2.4M | $2.5M | $2.2M | $1.5M | $1.4M | $1.2M | $1.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.5M | $1.5M | $1.7M | $1.4M | $660.0K | $673.0M | $671.0K | $637.0K |
| Stock-Based Compensation | $903.0K | $737.0K | $1.3M | $1.3M | $1.1M | $1.6M | $1.3M | $1.1M |
| Net Cash from Operating Activities | $719.0K | $3.2M | $15.0M | $25.2M | $21.2M | $44.3M | $36.0M | $30.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $407.0K | $283.0K | $336.0K | $451.0K | $549.0K | $965.0K | $1.5M | $383.0K |
| Business Acquisitions | $0 | $0 | $10.0M | $14.5M | — | — | — | $2.1M |
| Net Cash from Investing Activities | $9.0M | $4.4M | $-10.3M | — | $-37.2M | $-34.7M | $-57.3M | $-32.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $0 | $4.0K | $3.0K | $9.8M | $2.2M | — | — | — |
| Net Cash from Financing Activities | $-3.0M | $-7.3M | $-5.6M | — | $16.8M | $-9.9M | $22.1M | $10.3M |
| Net Change in Cash | $6.6M | $-258.0K | $-1.4M | $-10.0M | $12.0K | $-137.0K | $640.0K | $8.5M |
| Free Cash Flow | $312.0K | $2.9M | $14.7M | $24.8M | $20.7M | $43.3M | $34.4M | $29.8M |