Global Eagle Entertainment Inc. Cashflow Statement

Ask AI

Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of cash flows

In millions of USD, except per-share amounts

	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017	FY2016 12 months to Dec 31, 2016	FY2015 12 months to Dec 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
Amortization of right-to-use asset
Amortization of content library
Non-cash interest expense, net
Stock-based compensation
Issuance of shares for working capital settlement
Loss on extinguishment of debt
Issuance of shares for legal settlements
Impairment of goodwill
Impairment of internally developed software
Impairment of related party loan
Tax effect of Second Lien Notes' beneficial conversion feature
Proceeds from equity method investments
(Income) loss on equity method investments including impairment losses
Loss on disposal of fixed assets
Change in fair value of derivatives
Provision for bad debt
Warrants for common stock issued for services
Deferred income taxes
Other
Changes in operating assets and liabilities:
Restricted cash
Accounts receivable
Inventories
Prepaid expenses
Other current assets
Content library
Other non-current assets
Accounts payable and accrued expenses
Deferred revenue
Income taxes payable
Other liabilities

NET CASH USED IN OPERATING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions of companies, net of cash acquired
Purchases of property and equipment
Cash received from Row 44 Merger
Cash received from AIA Stock Purchase
Purchase of investments
Issuance of loan to related party
Proceeds from sale of investment
Other
Release of restricted cash held in escrow
Settlement received related to EMC Acquisition
NET CASH USED IN INVESTING ACTIVITIES

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of common stock, net of offerings costs of $7.1 million
Acquisition of non-controlling interest
Proceeds from issuance of Second Lien Notes and equity warrants
Repayment of debt
Proceeds from issuance of debt, net of $15,000 discount
Proceeds from additional capacity on term loan
Issuance costs
Repayment of long-term debt
Repayment of revolving credit facility
Proceeds from borrowings on revolving credit facility
Payment of contingent consideration
Repurchase of common stock warrants
Proceeds from exercise of stock options and warrants
Payments of withholding taxes on cashless exercise of stock based awards in Business Combination
Other financing activities, net
Proceeds from borrowings from related party
NET CASH PROVIDED BY FINANCING ACTIVITIES

Net (decrease) increase in cash and cash equivalents
Effects of exchange rate changes on cash and cash equivalents
Net decrease in cash and cash equivalents
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR
CASH AND CASH EQUIVALENTS AT END OF YEAR
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for taxes
Cash paid for interest
SIGNIFICANT NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of sponsor warrants in exchange for notes payable
Issuance of common stock in connection with acquisition of business
Deferred consideration liabilities incurred in connection with acquisition of business
Equipment acquired under capital lease
Release of restricted cash held in escrow to former owners of MTN
Conversion of PIK interest on our Second Lien Notes to additional principal
Purchases of property, plant and equipment held in accounts payable
Financing of purchased satellite transponders included in property and equipment
Distributions from equity method investee to offset demand promissory note
Leasehold improvements paid directly by lessor

Comments