Intermap Technologies Reports 2013 Third Quarter Financial Results

 

INTERMAP TECHNOLOGIES CORPORATION
Condensed Consolidated Interim Statements of Cash Flows
(In thousands of United States dollars) 

For the Nine Months Ended September 30, 2013   2012
           
Cash flows provided by:      
           
Operating activities:      
  Net loss for the period  $ (2,299)    $ (3,855)
  Adjusted for the following non-cash items:          
    Depreciation of property and equipment   1,080     1,471
    Amortization of data library   3,457     3,457
    Amortization of intangible assets   89     138
    Share-based compensation expense   341     613
    Gain on disposal of equipment   (342)     (26)
    Amortization of deferred lease inducements   (49)     104
    Extinguishment of facility closure provision   (720)     -
    Deferred taxes   -     (8)
    Net financing costs   487     313
    Current income tax expense   58     50
    Interest paid   (61)     (99)
    Income tax paid   (39)     (109)
  Changes in working capital, net of investing activities:          
    Amounts receivable, net   622     3,955
    Work in process and other assets   731     (86)
    Accounts payable   (436)     (13)
    Accrued liabilities   (556)     (987)
    Unearned revenue and deposits   62     (1,239)
    Loss on foreign currency translation   9     (229)
        2,434     3,450
               
Investing activities:          
  Purchase of property and equipment   (463)     -
  Investment in intangible assets   -     (113)
  Proceeds from sale of equipment   112     33
        (351)     (80)
               
Financing activities:          
  Proceeds from issuance of convertible note   -     2,500
  Financing costs of convertible note   -     (70)
  Issuance costs of convertible note and shares issued upon conversion   (6)     (5)
  Proceeds from reimbursable project funding   -     151
  Repayment of obligations under finance lease   (262)     (238)
  Repayment of long-term debt and notes payable   (618)     (644)
        (886)     1,694
               
Effect of foreign exchange on cash   (15)     7
               
Increase in cash and cash equivalents   1,182     5,071
               
Cash and cash equivalents, beginning of period   2,055     597
               
Cash and cash equivalents, end of period  $ 3,237    $ 5,668

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »



Review Article Be the first to review this article
Downstream : Solutuions for Post processing PCB Designs

Synopsys: Custom Compiler

Featured Video
Editorial
Peggy AycinenaWhat Would Joe Do?
by Peggy Aycinena
DVCon Europe 2017: Munich and So much more
More Editorial  
Jobs
Senior R&D Engineer...Timing Closure Specialist for EDA Careers at San Jose or Anywhere, CA
Technical Support Engineer EU/Germany/UK for EDA Careers at N/A, United Kingdom
Senior Front-End RTL Design AE for EDA Careers at San Jose, CA
Upcoming Events
25th IFIP/IEEE International Conference on Very Large Scale Integration (VLSI-SoC 2017) at Yas Viceroy Abu Dhabi Yas Marina Circuit, Yas Island Abu Dhabi United Arab Emirates - Oct 23 - 25, 2017
ARM TechCon 2017 at Santa Clara Convention Center Santa Clara CA - Oct 24 - 26, 2017
MIPI DevCon Bangalore 2017 at The Leela Palace Bengaluru India - Oct 27, 2017
MIPI DevCon Hsinchu City 2017 at Sheraton Hsinchu Hotel Taiwan - Oct 31, 2017
CST: Webinar series
Verific: SystemVerilog & VHDL Parsers
TrueCircuits: UltraPLL



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise