|
XPLORE TECHNOLOGIES CORP.
Adjusted EBITDA Reconciliation—Unaudited (in thousands) | ||||||
|
Three Months Ended
December 31, | ||||||
| 2016 | 2015 | |||||
| Net income (loss) | $ | 219 | $ | 786 | ||
| Income taxes | 49 | 69 | ||||
| Interest expense | 79 | — | ||||
| Depreciation and amortization | 364 | 498 | ||||
| Stock-based compensation expense | 111 | 535 | ||||
| Cost of integration | — | 95 | ||||
| ADJUSTED EBITDA | $ | 822 | $ | 1,983 | ||
|
Nine Months Ended
December 31, | ||||||
| 2016 | 2015 | |||||
| Net income (loss) | $ | (2,064 | ) | $ | 640 | |
| Income taxes | 129 | 69 | ||||
| Interest expense | 156 | 58 | ||||
| Depreciation and amortization | 1,168 | 1,313 | ||||
| Stock-based compensation expense | 413 | 1,634 | ||||
| Cost of integration | — | 887 | ||||
| ADJUSTED EBITDA | $ | (198 | ) | $ | 4,601 | |
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XPLORE TECHNOLOGIES CORP.
Supplemental Three Months Consolidated Statements of Cash Flows—Unaudited (in thousands) | |||||||
|
Three Months Ended
December 31, | |||||||
| 2016 | 2015 | ||||||
| Net loss | $ | 219 | $ | 786 | |||
| Items not affecting cash: | |||||||
| Depreciation and amortization | 364 | 498 | |||||
| Provision for doubtful accounts | 8 | 24 | |||||
| Loss on disposal of asset | 28 | — | |||||
| Stock based compensation expense | 111 | 535 | |||||
| Other adjustments to cash used in operations | 4,968 | 118 | |||||
| Net cash provided by operating activities | 5,698 | 1,961 | |||||
| Net cash used in investing activities | (974 | ) | (228 | ) | |||
| Net cash provided by (used in) financing activities | (4,080 | ) | 415 | ||||
| Change in cash and cash equivalents | $ | 644 | $ | 2,148 | |||
