Intermap Technologies Reports 2015 First Quarter Financial Results

 

 

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

     

(as restated)

For the three months ended March 31,

2015

 

2014

       

Cash flows provided by:

     
       

Operating activities:

     
 

Net loss for the period

$      (4,879)

 

$        (2,335)

 

Adjusted for the following non-cash items:

   
   

Depreciation of property and equipment

242

 

292

   

Amortization of intangible assets

13

 

29

   

Share-based compensation expense

110

 

82

   

Gain on disposal of equipment

(47)

 

(362)

   

Amortization of deferred lease inducements

(35)

 

(47)

   

Deferred taxes

-

 

(318)

   

Change in fair value of derivative instruments

(29)

 

(1,229)

   

Financing costs

1,120

 

189

   

Current income tax expense

20

 

-

   

Interest paid

(4)

 

(7)

   

Income tax paid

(9)

 

(10)

 

Changes in working capital:

     
   

Amounts receivable

416

 

2,409

   

Work in process and other assets

85

 

(239)

   

Accounts payable

648

 

(51)

   

Accrued liabilities

(499)

 

(20)

   

Unearned revenue and deposits

(18)

 

45

   

Gain on foreign currency translation

425

 

(3)

 

(2,441)

 

(1,575)

       

Investing activities:

     
 

Purchase of property and equipment

(34)

 

(147)

 

Proceeds from sale of equipment

-

 

132

 

(34)

 

(15)

       

Financing activities:

     
 

Proceeds from notes payable

7,800

 

5,000

 

Financing costs of notes payable

(74)

 

(93)

 

Proceeds from reimbursable project funding

46

 

-

 

Repayment of obligations under finance lease

(32)

 

(28)

 

Repayment of long-term debt and notes payable

(5,800)

 

(38)

 

1,940

 

4,841

       

Effect of foreign exchange on cash

(2)

 

-

       

(Decrease) increase in cash and cash equivalents

(537)

 

3,251

       

Cash and cash equivalents, beginning of period

537

 

2,420

       

Cash and cash equivalents, end of period

$              -

 

$          5,671


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



Review Article Be the first to review this article
Trimble

Harris

Jobs
IT Analyst III (GIS) for Orange County Sanitation District at Fountain Valley, CA
CAD Design Specialist I for Waterpik, Inc. at Fort Collins, CO
Upcoming Events
MAGIN's 26th Annual Conference at Michigan Hagerty Conference Center and Park Place Hotel Downtown Traverse City Michigan - Jun 4 - 6, 2017
GEOINT Cesium Exploration Seminar at Henry B. Gonzalez Convention Center 900 E Market St San Antonio TX - Jun 4, 2017
GEOINT 2017 Symposium at 900 E Market St San Antonio TX - Jun 4 - 7, 2017
University of Denver GIS Masters Degree Online
Teledyne:
InterDrone2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy