Company name:
Uber Technologies Inc
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IPO SHARE PRICE:$45.00
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IPO DATE:May 10, 2019
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TICKER:UBER
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MAIN STOCK EXCHANGE:NYSE
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CURRENT HQ LOCATION:1515 3rd Street San Francisco California 94158
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FISCAL YEAR END:December 31
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INCORPORATION JURISDICTION:DE
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ORGANIZED AS THE FOLLOWING LEGAL TYPE:Corporation
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Investor Relations Webpage:Coming soon!
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TAX RATE:USA federal corporate nominal income tax rate is 21%
Short Description
Uber Technologies Inc
We are working hard and as soon as possible to provide company description soon. Feel free to reach out to request it sooner: improve@real-clear-investing.com
Statement of Cash Flow
(USD in thousand)
Selected Quarter:
31-Dec
2020
2020
OPERATING ACTIVITIES
Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc
16.0% -
Stock-based compensation
12.2% -
Depreciation and amortization
5.4% -
Collateral held by insurer
4.6% -
Operating lease right-of-use assets
2.2% -
Loss on impairment of goodwill and long-lived assets
1.7% -
Provision for (recovery of) bad debt expense
0.9% -
Accrued insurance reserves
0.6% -
Accretion of discount on long-term debt
0.5% -
(Income) loss from equity method investments
0.4% -
Accrued expenses and other liabilities
0.4% -
Deferred income taxes
0.3% -
Unrealized (gain) loss on foreign currency
0.1% -
Unrealized (gain) loss on debt and equity securities
SOURCEs
54.7%
5.4%
4.6%
12.2%
16.0%
100 %
0%
USES
0.0%
16.2%
6.7%
4.4%
5.2%
65.4%
65.4% -
Net income (loss)
16.2% -
Accounts receivable
6.7% -
Accounts payable
5.2% -
Gain on business divestitures
4.4% -
Prepaid expenses and other assets
1.8% -
Operating lease liabilities
0.3% -
Other
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | ($1,016,000) | ($5,246,000) | ($1,159,000) | ($1,091,000) | ($2,946,000) | ($1,772,000) | ($1,108,000) | ($962,000) | ($6,788,000) | ($3,848,000) | ||||
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Depreciation and amortization
|
146,000 | 123,000 | 102,000 | 101,000 | 128,000 | 129,000 | 138,000 | 180,000 | 575,000 | 720,000 | ||||
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Accretion of discount on long-term debt
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53,000 | 25,000 | 2,000 | 2,000 | 20,000 | 10,000 | 6,000 | 9,000 | 45,000 | 36,000 | ||||
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Stock-based compensation
|
11,000 | 3,941,000 | 401,000 | 243,000 | 277,000 | 131,000 | 183,000 | 236,000 | 827,000 | 944,000 | ||||
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Provision for (recovery of) bad debt expense
|
47,000 | 20,000 | 12,000 | 13,000 | 22,000 | 10,000 | 19,000 | 25,000 | 76,000 | 100,000 | ||||
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Paid-in-kind (PIK) interest
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- | - | 10,000 | - | - | - | - | - | - | - | ||||
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Deferred income taxes
|
4,000 | (35,000) | (24,000) | (33,000) | (273,000) | (9,000) | 10,000 | 6,000 | (266,000) | 24,000 | ||||
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(Income) loss from equity method investments
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6,000 | 10,000 | 9,000 | 9,000 | 12,000 | 7,000 | 8,000 | 7,000 | 34,000 | 28,000 | ||||
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Impairment of long-lived assets held for sale
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- | - | - | - | - | - | - | - | - | - | ||||
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Loss on impairment of goodwill and long-lived assets
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- | - | - | - | 193,000 | 104,000 | 75,000 | 32,000 | 404,000 | 128,000 | ||||
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(Gain) loss on sale of property and equipment
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- | - | 14,000 | (4,000) | - | - | - | - | - | - | ||||
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Gain on business divestitures
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- | - | - | - | (154,000) | 27,000 | - | (77,000) | (204,000) | (308,000) | ||||
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(Gain) loss on equity and debt securities
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- | - | (1,000) | (1,000) | - | - | - | - | - | - | ||||
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(Gain) loss on early repayment of convertible notes and settlement of derivatives
(Gain) loss on early repayment of convertible notes and settlement of derivatives
|
- | (444,000) | - | - | - | - | - | - | - | - | ||||
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Gain on extinguishment of warrant and call option
|
- | - | - | - | - | - | - | - | - | - | ||||
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Unrealized (gain) loss on debt and equity securities
|
(16,000) | 2,000 | 13,000 | (1,000) | 114,000 | 2,000 | 7,000 | 2,000 | 125,000 | 8,000 | ||||
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Impairment of debt and equity securities
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- | - | - | - | 1,863,000 | (13,000) | (160,000) | - | 1,690,000 | - | ||||
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Unrealized (gain) loss on foreign currency
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(4,000) | (1,000) | (11,000) | 32,000 | 7,000 | 6,000 | 31,000 | 4,000 | 48,000 | 16,000 | ||||
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Change in fair value of derivative
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(175,000) | 117,000 | - | - | - | - | - | - | - | - | ||||
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Gain on forfeiture of unvested warrants and related share repurchases
Gain on forfeiture of unvested warrants and related share repurchases
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- | - | - | - | - | - | - | - | - | - | ||||
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Accounts receivable
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(210,000) | (226,000) | 94,000 | (65,000) | 444,000 | 73,000 | (137,000) | (238,000) | 142,000 | (952,000) | ||||
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Operating lease right-of-use assets
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41,000 | 48,000 | 46,000 | 66,000 | 57,000 | 80,000 | 137,000 | 67,000 | 341,000 | 268,000 | ||||
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Collateral held by insurer
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- | - | - | (1,199,000) | 92,000 | 86,000 | 81,000 | 80,000 | 339,000 | 320,000 | ||||
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Prepaid expenses and other assets
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(116,000) | (151,000) | (200,000) | (11,000) | 29,000 | 112,000 | 18,000 | (65,000) | 94,000 | (260,000) | ||||
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Accounts payable
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- | 9,000 | (32,000) | 118,000 | (46,000) | 36,000 | (24,000) | (99,000) | (133,000) | (396,000) | ||||
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Accrued insurance reserves
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161,000 | 96,000 | 99,000 | 125,000 | 77,000 | (85,000) | (8,000) | 13,000 | (3,000) | 52,000 | ||||
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Accrued expenses and other liabilities
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370,000 | 822,000 | (195,000) | (37,000) | (320,000) | (17,000) | 414,000 | 6,000 | 83,000 | 24,000 | ||||
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Deferred revenue
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- | - | (39,000) | (13,000) | - | - | - | - | - | - | ||||
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Operating lease liabilities
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(26,000) | (26,000) | (42,000) | (59,000) | (49,000) | 7,000 | (62,000) | (27,000) | (131,000) | (108,000) | ||||
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Other
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2,000 | (6,000) | 13,000 | 12,000 | (10,000) | 5,000 | (34,000) | (4,000) | (43,000) | (16,000) | ||||
| Net cash provided by (used in) operating activities | ($722,000) | ($922,000) | ($878,000) | ($1,799,000) | ($463,000) | ($1,071,000) | ($406,000) | ($805,000) | ($2,745,000) | ($3,220,000) |
Selected Quarter:
31-Dec
2020
2020
INVESTING ACTIVITIES
Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically
67.3% -
Maturities and sales of marketable securities
7.8% -
Acquisition of business net of cash
1.7% -
Other investing activities
SOURCEs
23.2%
67.3%
7.8%
100 %
0%
USES
14.8%
73.2%
12.0%
73.2% -
Purchases of marketable securities
14.8% -
(Purchase) sale of property and equipment
12.0% -
Issuances or purchases of notes receivable
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Purchases of marketable securities
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- | - | - | (441,000) | (493,000) | (519,000) | (481,000) | (608,000) | (2,101,000) | (2,432,000) | ||||
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Maturities and sales of marketable securities
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- | - | - | 2,000 | 100,000 | 322,000 | 379,000 | 559,000 | 1,360,000 | 2,236,000 | ||||
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(Purchases) sale of debt securities
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- | - | - | - | - | - | - | - | - | - | ||||
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(Purchase) sale of non-marketable equity securities
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- | - | - | (100,000) | (10,000) | - | - | - | (10,000) | - | ||||
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Purchases of non-marketable securities
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- | - | - | (100,000) | - | - | - | - | - | - | ||||
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Purchase of non-marketable debt securities
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- | - | - | - | - | - | - | - | - | - | ||||
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(Purchase) sale of property and equipment
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(129,000) | (148,000) | (129,000) | (182,000) | (198,000) | (164,000) | (131,000) | (123,000) | (616,000) | (492,000) | ||||
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Insurance reimbursement and sale of property and equipment
Insurance reimbursement and sale of property and equipment
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- | - | 41,000 | 10,000 | - | - | - | - | - | - | ||||
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Issuances or purchases of notes receivable
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- | - | - | - | - | (85,000) | - | (100,000) | (185,000) | (400,000) | ||||
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Acquisition of business net of cash
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- | (7,000) | - | - | (1,346,000) | - | (190,000) | 65,000 | (1,471,000) | 260,000 | ||||
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Sale of business
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293,000 | - | - | - | - | - | - | - | - | - | ||||
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Acquisition or sale of an equity method investment
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- | - | - | - | - | - | - | - | - | - | ||||
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Return of capital from equity method investee
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- | - | - | - | 91,000 | - | - | - | 91,000 | - | ||||
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Other investing activities
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- | - | - | - | (1,000) | (10,000) | 57,000 | 14,000 | 60,000 | 56,000 | ||||
| Net cash provided by (used in) investing activities | $204,000 | ($154,000) | ($129,000) | ($711,000) | ($1,856,000) | ($456,000) | ($365,000) | ($192,000) | ($2,869,000) | ($768,000) |
Selected Quarter:
31-Dec
2020
2020
FINANCING ACTIVITIES
Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.
88.6% -
Borrowing under term loan and issuance of term notes
8.3% -
Issuance of subsidiary preferred stock units
1.6% -
Other financing activities
1.4% -
Issuance of common stock under Employee Stock Purchase Plan (ESPP)
SOURCEs
88.6%
8.3%
100 %
0%
USES
74.6%
7.6%
17.8%
17.8% -
Repayment of term loan and term notes
7.6% -
Repayment of capital and finance leases
0.1% -
Employee withholding taxes paid on share-based compensation
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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Initial Public Offering (IPO) net
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- | 7,977,000 | (4,000) | - | - | - | - | - | - | - | ||||
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Issuance of common stock
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- | - | - | 7,973,000 | - | - | - | - | - | - | ||||
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Issuance of common stock in private offering (placement)
Issuance of common stock in private offering (placement)
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- | 500,000 | - | - | - | - | - | - | - | - | ||||
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Issuance of subsidiary preferred stock units
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- | - | 1,000,000 | - | - | - | - | 247,000 | 247,000 | 988,000 | ||||
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Issuance of redeemable convertible preferred stock
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- | - | - | - | - | - | - | - | - | - | ||||
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Issuance of common stock under Employee Stock Purchase Plan (ESPP)
Issuance of common stock under Employee Stock Purchase Plan (ESPP)
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- | - | - | 49,000 | - | 82,000 | - | 43,000 | 125,000 | 172,000 | ||||
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Proceeds from issuance of stock upon exercise of stock options net of repurchases
Proceeds from issuance of stock upon exercise of stock options net of repurchases
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- | - | 5,000 | 14,000 | - | - | - | - | - | - | ||||
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Repayment of Revolving Credit Facility
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- | - | - | - | - | - | - | - | - | - | ||||
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Repayment of Term Loan
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- | - | (20,000) | (7,000) | - | - | - | - | - | - | ||||
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Borrowing under term loan and issuance of term notes
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- | - | - | 1,189,000 | - | - | - | 2,628,000 | 2,628,000 | 10,512,000 | ||||
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Repayment of term loan and term notes
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- | - | - | (27,000) | - | - | - | (527,000) | (527,000) | (2,108,000) | ||||
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Borrowing under term loan and issuance of senior notes
Borrowing under term loan and issuance of senior notes
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- | - | 1,189,000 | - | - | - | - | - | - | - | ||||
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Issuance of Senior Notes
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- | - | 1,189,000 | - | - | 992,000 | 500,000 | - | - | - | ||||
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Principal repayment on Careem Notes
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- | - | - | - | - | (891,000) | - | - | (891,000) | - | ||||
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Repayment of finance leases
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(41,000) | (31,000) | (48,000) | - | (60,000) | (59,000) | (56,000) | - | - | - | ||||
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Repayment of capital and finance leases
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- | - | (120,000) | (18,000) | - | - | - | (224,000) | (224,000) | (896,000) | ||||
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Repayments of capital leases
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- | - | - | - | - | - | - | - | - | - | ||||
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Employee withholding taxes paid on share-based compensation
Employee withholding taxes paid on share-based compensation
|
- | (1,368,000) | (146,000) | (59,000) | - | - | (15,000) | (2,000) | (17,000) | (8,000) | ||||
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Dissolution of joint venture and subsequent proceeds
|
- | - | - | - | - | - | - | - | - | - | ||||
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Repurchases of common stock
|
- | - | - | - | - | - | - | - | - | - | ||||
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Repurchase of stock subject to put options related to Yandex
Repurchase of stock subject to put options related to Yandex
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- | - | - | (74,000) | - | - | - | - | - | - | ||||
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Other financing activities
|
(5,000) | (3,000) | 2,000 | 46,000 | (3,000) | (6,000) | (1,000) | 48,000 | 38,000 | 192,000 | ||||
| Net cash provided by (used in) financing activities | ($46,000) | $7,075,000 | $1,993,000 | ($83,000) | ($63,000) | $118,000 | $428,000 | $896,000 | $1,379,000 | $3,584,000 |
Selected Quarter:
31-Dec
2020
2020
NET CHANGE IN CASH
Grand Total for sum of cash flows coming from operations, investing and financing
($26,000,000)
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents - Beginning of period | $8,209,000 | - | - | $14,641,000 | $12,067,000 | - | - | $7,766,000 | - | $31,064,000 | ||||
| Effect of changes in foreign exchange rates on cash | 3,000 | 9,000 | (35,000) | 19,000 | (156,000) | (19,000) | 8,000 | 75,000 | - | 300,000 | ||||
| (Decrease) increase in cash and cash equivalents | (561,000) | 6,008,000 | 951,000 | (2,574,000) | (2,538,000) | (1,428,000) | (335,000) | (26,000) | - | (104,000) | ||||
| Cash reclassified to assets held for sale | 34,000 | - | - | - | - | - | - | (349,000) | - | (1,396,000) | ||||
| Cash and equivalents - End of period | $7,682,000 | $6,008,000 | $951,000 | $12,067,000 | $9,529,000 | ($1,428,000) | ($335,000) | $7,391,000 | - | $29,564,000 |