TLCC · As filed with the SEC
Twinlab Consolidated Holdings cash flow statement, by fiscal year
The statement as Twinlab Consolidated Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Cash Flows · USD thousands
| USD thousands | FY2024 Year ended Dec 31, 2024 | FY2022 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 | FY2019 Year ended Dec 31, 2019 |
|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||
| Net loss | (9,499) | (13,714) | (8,222) | (14,940) | (14,389) | (44,501) |
| Net (income) loss from discontinued operations | (308) | (4,052) | — | — | — | — |
| Net loss from continuing operations | (9,807) | (9,662) | — | — | — | — |
| Depreciation and amortization | — | — | — | — | 1,137,000 | 1,713,000 |
| Depreciation and amortization | — | — | 168 | 457 | — | — |
| Depreciation and amortization | 9 | 35 | — | — | — | — |
| Amortization of right-to-use assets | 499 | 623 | 941 | 890 | 797 | — |
| Amortization of debt discount | — | — | 0 | 718 | 952 | 2,127 |
| Recovery of obsolete inventories | (19) | (144) | (565) | (958) | 499 | (1,151) |
| Provision for losses on accounts receivable | (492) | (350) | 155 | (710) | (3,784) | 2,730 |
| Gain on change in fair value of derivative liabilities | — | — | — | 0 | (35) | (3,696) |
| Loss on disposal of property and equipment | — | — | — | — | — | 867,000 |
| Loss on write down of right-of-use assets | 1,389 | 492 | — | — | — | — |
| Forgiveness of PPP loan | — | 0 | (1,674) | (1,344) | — | — |
| Other non-cash items | 0 | (23) | 373 | 133 | — | (338) |
| Impairment of goodwill and intangible assets | — | 0 | 340 | 11,118 | — | 24,407 |
| Changes in operating assets and liabilities: | ||||||
| Accounts receivable | 377 | (344) | 2,622 | 2,253 | 1,701 | (508) |
| Inventories | 971 | 3,605 | (3,028) | 1,445 | (231) | 2,529 |
| Prepaid expenses and other current assets | 392 | 3,002 | 286 | 1,150 | 924 | 3,441 |
| Other assets | 0 | (10) | 0 | (543) | 74 | 887 |
| Accounts payable | 37 | (406) | 574 | 1,336 | (1,601) | (1,768) |
| Lease liabilities | — | — | — | — | (812,000) | — |
| Lease liability payments | 518 | — | — | — | — | — |
| Lease liabilities due | (734) | (850) | (1,039) | (892) | — | — |
| Accrued expenses and other current liabilities | 6,587 | 6,931 | 4,758 | 2,537 | 9,698 | 4,850 |
| Net cash provided by (used in) continuing operations | (273) | 2,899 | — | — | — | — |
| Net cash used in discontinued operations | 0 | (2) | — | — | — | — |
| Net cash provided by (used in) operating activities | (273) | 2,897 | (4,311) | 2,650 | (5,070) | (8,411) |
| Cash flows from investing activities: | ||||||
| Purchase of property and equipment | (2) | 0 | (99) | (155) | (20) | (20) |
| Net cash used in continuing operations | (2) | 0 | — | — | — | — |
| Net cash used in discontinued operations | 0 | 0 | — | — | — | — |
| Net cash used in investing operation | (2) | 0 | — | — | — | — |
| Cash flows from financing activities: | ||||||
| Proceeds from the issuance of debt | — | — | 0 | 1,344 | 6,674 | — |
| Net proceeds from the issuance of debt | 14,975 | — | — | — | — | — |
| Issuance of debt interest payable | 892 | — | — | — | — | — |
| Repayment of debt | (14,884) | (144) | 0 | (632) | (2,310) | (952) |
| Net repayment on revolving credit facility | (714) | (3,600) | 1,647 | 0 | 880 | 3,426 |
| Net cash provided by continuing operations | 269 | (3,744) | — | — | — | — |
| Net cash used in discontinued operations | 0 | 0 | — | — | — | — |
| Net cash provided by (used in) financing activities | 269 | (3,744) | 1,647 | 712 | 5,244 | 2,474 |
| Cash, Period Increase (Decrease) | — | — | — | 3,207 | — | — |
| Cash at the beginning of the period | — | — | 3,631 | 424 | — | — |
| Cash at the end of the period | — | — | — | 3,631 | — | — |
| Net decrease in cash | (6) | (847) | (2,763) | — | 154 | (5,957) |
| Cash at the beginning of the period | — | — | — | 424,000 | 270,000 | 6,227,000 |
| Cash at the end of the period | — | — | — | — | 424,000 | 270,000 |
| Cash at the beginning of the year | 19 | 866 | 3,631 | — | — | — |
| Cash at the end of the year | 13 | 19 | 868 | — | — | — |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||
| Cash paid for interest | 1,461 | 1,852 | 1,434 | 1,375 | 1,032 | 1,601 |
| Reclassification of derivative liabilities | — | — | — | — | — | 628,000 |
| SUPPLEMENTAL SCHEDULE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||||
| Acquisition of operating lease | 58 | — | — | — | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.