Heritage Global Inc
NASDAQ:HGBL
Cash Flow Statement
Cash Flow Statement
Heritage Global Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
(6)
|
(31)
|
(31)
|
(31)
|
(27)
|
(2)
|
(2)
|
(5)
|
(10)
|
(10)
|
(8)
|
(5)
|
0
|
0
|
(1)
|
(0)
|
(0)
|
1
|
3
|
3
|
4
|
3
|
3
|
4
|
4
|
3
|
4
|
4
|
10
|
11
|
9
|
8
|
3
|
3
|
5
|
6
|
15
|
18
|
18
|
18
|
12
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
|
Change in Deffered Taxes |
3
|
28
|
28
|
28
|
25
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
(2)
|
(2)
|
(4)
|
(4)
|
(3)
|
(3)
|
(0)
|
0
|
1
|
2
|
(5)
|
(4)
|
(5)
|
(5)
|
0
|
|
Stock-Based Compensation |
1
|
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
|
Other Non-Cash Items |
(0)
|
(0)
|
1
|
1
|
1
|
2
|
1
|
5
|
9
|
9
|
8
|
5
|
0
|
0
|
1
|
2
|
2
|
2
|
2
|
2
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(3)
|
(3)
|
(3)
|
(2)
|
1
|
1
|
(3)
|
(5)
|
(6)
|
(6)
|
(2)
|
1
|
1
|
|
Cash Taxes Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
|
Cash Interest Paid |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Change in Working Capital |
5
|
4
|
0
|
2
|
0
|
0
|
0
|
(1)
|
(0)
|
(1)
|
1
|
4
|
3
|
6
|
4
|
(0)
|
(1)
|
(4)
|
(0)
|
(1)
|
3
|
2
|
2
|
1
|
(2)
|
1
|
(3)
|
(0)
|
6
|
(1)
|
2
|
(1)
|
(7)
|
2
|
(0)
|
0
|
1
|
4
|
0
|
3
|
(1)
|
|
Cash from Operating Activities |
2
N/A
|
1
-38%
|
(2)
N/A
|
0
N/A
|
1
+265%
|
1
+55%
|
0
-72%
|
(1)
N/A
|
(1)
-65%
|
(2)
-131%
|
0
N/A
|
4
+1 800%
|
4
-2%
|
7
+77%
|
5
-27%
|
2
-65%
|
1
-34%
|
(1)
N/A
|
4
N/A
|
4
-15%
|
7
+101%
|
5
-28%
|
4
-24%
|
4
+1%
|
1
-81%
|
3
+281%
|
(1)
N/A
|
3
N/A
|
9
+259%
|
3
-62%
|
6
+65%
|
2
-61%
|
(3)
N/A
|
6
N/A
|
3
-56%
|
4
+46%
|
6
+59%
|
12
+90%
|
12
-3%
|
16
+37%
|
13
-21%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Other Items |
1
|
0
|
(1)
|
(1)
|
(1)
|
1
|
2
|
2
|
3
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(3)
|
0
|
(3)
|
(3)
|
(1)
|
(0)
|
(0)
|
(0)
|
5
|
2
|
3
|
(2)
|
(9)
|
(8)
|
(6)
|
1
|
(7)
|
(13)
|
(17)
|
(26)
|
(16)
|
|
Cash from Investing Activities |
1
N/A
|
0
-86%
|
(1)
N/A
|
(1)
-1%
|
(1)
-66%
|
1
N/A
|
2
+219%
|
2
+0%
|
3
+31%
|
1
-80%
|
0
-93%
|
0
-25%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
(0)
-50%
|
(0)
-33%
|
(0)
-150%
|
(0)
-20%
|
(0)
+8%
|
(3)
-2 491%
|
(3)
+2%
|
(3)
-7%
|
(3)
-5%
|
(1)
+63%
|
(1)
+51%
|
(0)
+23%
|
(0)
+61%
|
5
N/A
|
2
-48%
|
3
+38%
|
(3)
N/A
|
(10)
-203%
|
(10)
+6%
|
(7)
+25%
|
1
N/A
|
(8)
N/A
|
(13)
-77%
|
(18)
-33%
|
(26)
-47%
|
(16)
+39%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
8
|
8
|
8
|
8
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Net Issuance of Debt |
(4)
|
0
|
(1)
|
1
|
1
|
(1)
|
(2)
|
(3)
|
(2)
|
(1)
|
(0)
|
(3)
|
(3)
|
(4)
|
(4)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
2
|
4
|
3
|
3
|
(0)
|
0
|
2
|
5
|
8
|
3
|
|
Other |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(2)
|
(3)
|
(3)
|
0
|
(2)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
Cash from Financing Activities |
(4)
N/A
|
0
N/A
|
(1)
N/A
|
1
N/A
|
1
+125%
|
(1)
N/A
|
(2)
-249%
|
(3)
-69%
|
(3)
+18%
|
(1)
+59%
|
(1)
+16%
|
(3)
-260%
|
(4)
-22%
|
(4)
-6%
|
(4)
-4%
|
(2)
+52%
|
(2)
+27%
|
(1)
+4%
|
(2)
-39%
|
(3)
-61%
|
(2)
+26%
|
(2)
+4%
|
(2)
+10%
|
(0)
+84%
|
(1)
-247%
|
(1)
-1%
|
(0)
+70%
|
(0)
-36%
|
7
N/A
|
7
0%
|
6
-9%
|
9
+35%
|
3
-64%
|
3
-17%
|
3
+18%
|
(1)
N/A
|
0
N/A
|
2
+1 938%
|
5
+183%
|
8
+63%
|
2
-67%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Change in Cash |
(1)
N/A
|
2
N/A
|
(3)
N/A
|
(0)
+95%
|
0
N/A
|
1
+140%
|
0
-64%
|
(2)
N/A
|
(1)
+51%
|
(2)
-190%
|
(1)
+73%
|
1
N/A
|
(0)
N/A
|
3
N/A
|
1
-78%
|
(0)
N/A
|
(0)
-11%
|
(2)
-433%
|
2
N/A
|
0
-88%
|
2
+731%
|
0
-89%
|
(1)
N/A
|
1
N/A
|
(2)
N/A
|
1
N/A
|
(2)
N/A
|
2
N/A
|
21
+993%
|
13
-38%
|
15
+20%
|
7
-51%
|
(10)
N/A
|
(1)
+92%
|
(1)
-92%
|
4
N/A
|
(1)
N/A
|
1
N/A
|
(1)
N/A
|
(2)
-81%
|
(0)
+80%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
2
N/A
|
1
-38%
|
(2)
N/A
|
0
N/A
|
0
+206%
|
1
+96%
|
0
-84%
|
(1)
N/A
|
(1)
-35%
|
(2)
-128%
|
0
N/A
|
4
+3 142%
|
4
-2%
|
7
+81%
|
5
-27%
|
2
-65%
|
1
-35%
|
(1)
N/A
|
4
N/A
|
4
-15%
|
7
+105%
|
5
-27%
|
4
-24%
|
4
+0%
|
1
-84%
|
3
+331%
|
(1)
N/A
|
2
N/A
|
9
+267%
|
3
-63%
|
6
+65%
|
1
-86%
|
(4)
N/A
|
5
N/A
|
1
-72%
|
4
+196%
|
6
+58%
|
12
+92%
|
12
-3%
|
16
+39%
|
13
-21%
|