RESEARCH FRONTIERS INCORPORATED
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-2.4M | $-4.2M | $-4.3M | $-4.4M | $-6.0M | $-3.2M | $-4.1M | $-3.9M |
| Depreciation & Amortization | $175.6K | $188.5K | $140.2K | $31.8K | $45.2K | $35.0K | $39.9K | $44.3K |
| Depreciation | — | — | — | — | $45.2K | $35.0K | $39.9K | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $76.3K | $67.5K | $725.0K | $1.0M | $2.9M | $984.5K | $702.8K | $772.6K |
| Net Cash from Operating Activities | $-1.5M | $-4.0M | $-3.6M | $-3.3M | $-3.2M | $-2.7M | $-3.4M | $-3.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $6.5K | $11.7K | $316.2K | $627.7K | $50.5K | $11.6K | $12.5K | $10.3K |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $1.5M | $-15.3K | $1.2M | — | — | $-3.6M | $-1.3M | $-10.3K |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | — | — | $548.5K | — | — | $12.3M | $66.0K | $6.4M |
| Net Change in Cash | $46.2K | $-4.0M | $-1.9M | $1.7M | $-2.5M | $6.0M | $-4.6M | $3.2M |
| Free Cash Flow | $-1.5M | $-4.0M | $-3.9M | $-4.0M | $-3.3M | $-2.7M | $-3.4M | $-3.2M |