Anuvu Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (57,194,000)us-gaap_ProfitLoss	$ (114,741,000)us-gaap_ProfitLoss	$ (42,803,000)us-gaap_ProfitLoss
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	34,422,000	30,850,000	1,229,000
Non-cash interest on convertible promissory notes	0	0	9,629,000
Change in fair value of derivative financial instruments	6,955,000us-gaap_UnrealizedGainLossOnDerivatives	63,961,000us-gaap_UnrealizedGainLossOnDerivatives	3,576,000us-gaap_UnrealizedGainLossOnDerivatives
Stock-based compensation	8,067,000us-gaap_ShareBasedCompensation	4,536,000us-gaap_ShareBasedCompensation	1,641,000us-gaap_ShareBasedCompensation
Provision for bad debt	5,539,000us-gaap_ProvisionForDoubtfulAccounts	760,000us-gaap_ProvisionForDoubtfulAccounts	7,000us-gaap_ProvisionForDoubtfulAccounts
Issuance of shares for working capital settlement	345,000	0	0
Warrants for common stock issued for services	0	452,000	2,555,000
Common stock issued for services	0ent_IssuanceofStockforServicesorClaims	0ent_IssuanceofStockforServicesorClaims	550,000ent_IssuanceofStockforServicesorClaims
Loss on equity method investments	1,500,000	0	0
Deferred income taxes	(5,068,000)us-gaap_DeferredIncomeTaxExpenseBenefit	(4,904,000)us-gaap_DeferredIncomeTaxExpenseBenefit	0us-gaap_DeferredIncomeTaxExpenseBenefit
Other	23,000	(201,000)	(109,000)
Changes in operating assets and liabilities:
Accounts receivable	(26,386,000)	(2,803,000)	(3,883,000)
Inventory	(3,557,000)us-gaap_IncreaseDecreaseInInventories	(3,054,000)us-gaap_IncreaseDecreaseInInventories	(1,215,000)us-gaap_IncreaseDecreaseInInventories
Content library	(1,743,000)	(9,377,000)	0
Prepaid expenses and other current assets	(5,394,000)	(7,648,000)	(1,793,000)
Deposits and other assets	(4,018,000)	0	(356,000)
Accounts payable and accrued expenses	19,641,000	(22,508,000)	(7,422,000)
Deferred revenue	3,151,000	5,384,000	(886,000)
Taxes payable	322,000	5,150,000	0
NET CASH USED IN OPERATING ACTIVITIES	(23,395,000)	(54,143,000)	(39,280,000)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(9,074,000)	(11,477,000)	(2,432,000)
Cash received from Row 44 Merger	0ent_CashAcquiredFromMerger	159,305,000ent_CashAcquiredFromMerger	0ent_CashAcquiredFromMerger
Cash received from AIA Stock Purchase	0us-gaap_CashAcquiredFromAcquisition	22,135,000us-gaap_CashAcquiredFromAcquisition	0us-gaap_CashAcquiredFromAcquisition
Cash paid to acquire assets of Purple	(500,000)	0	0
Proceeds from sale of investment	583,000	6,286,000	0
Purchase of investment in Allegiant Systems	0	(1,500,000)	0
Other	(732,000)	0	0
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES	(9,723,000)	129,840,000	(2,432,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Acquisition of AIA non-controlling interest	(21,741,000)us-gaap_PaymentsToMinorityShareholders	(15,369,000)us-gaap_PaymentsToMinorityShareholders	0us-gaap_PaymentsToMinorityShareholders
Proceeds from exercise of stock options and warrants	3,100,000	0	0
Proceeds from issuance of PAR note	0us-gaap_ProceedsFromNotesPayable	19,000,000us-gaap_ProceedsFromNotesPayable	10,000,000us-gaap_ProceedsFromNotesPayable
Payment of PAR note	0us-gaap_RepaymentsOfRelatedPartyDebt	(19,000,000)us-gaap_RepaymentsOfRelatedPartyDebt	0us-gaap_RepaymentsOfRelatedPartyDebt
Proceeds from borrowings	2,047,000	0	0
Proceeds from issuance of common stock, net of offerings costs of $7.1 million	0	204,008,000	0
Payments on notes payable	(9,669,000)us-gaap_RepaymentsOfNotesPayable	(5,637,000)us-gaap_RepaymentsOfNotesPayable	(13,000)us-gaap_RepaymentsOfNotesPayable
Repurchase of common stock warrants	(1,406,000)us-gaap_PaymentsForRepurchaseOfWarrants	(800,000)us-gaap_PaymentsForRepurchaseOfWarrants	7,000us-gaap_PaymentsForRepurchaseOfWarrants
Payments of withholding taxes on cashless exercise of stock based awards in Business Combination	0	(1,191,000)	15,000
Proceeds from the issuance of preferred stock and warrants	0	0	24,981,000
Other	(362,000)	0	0
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(28,031,000)	181,011,000	34,990,000
Effects of exchange rate movements on cash and cash equivalents	1,000	0	0
Net increase (decrease) in cash and cash equivalents	(61,148,000)	256,708,000	(6,722,000)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	258,796,000	2,088,000	8,810,000
CASH AND CASH EQUIVALENTS AT END OF PERIOD	197,648,000	258,796,000	2,088,000
Supplemental disclosures of cash flow information
Cash paid for Taxes	4,203,000us-gaap_IncomeTaxesPaid	6,232,000us-gaap_IncomeTaxesPaid	5,000us-gaap_IncomeTaxesPaid
Cash paid for Interest	447,000us-gaap_InterestPaid	2,071,000us-gaap_InterestPaid	6,000us-gaap_InterestPaid
Significant non-cash items:
Issuance of sponsor warrants in exchange for notes payable	0ent_IssuanceofWarrantsforNotesPayable	9,900,000ent_IssuanceofWarrantsforNotesPayable	0ent_IssuanceofWarrantsforNotesPayable
Issuance of common stock to repurchase Global Eagle public company warrants	24,448,000ent_IssuanceofStocktoRepurchaseCompany	13,235,000ent_IssuanceofStocktoRepurchaseCompany	0ent_IssuanceofStocktoRepurchaseCompany
Notes payable and accrued interest converted into preferred stock and warrants	0	0	20,790,000
Inventory converted to property and equipment	0	5,575,000	0
Satisfaction of advances and subscriptions receivable via surrender of commons stock	0	0	539,000
Property and equipment purchased with warrants for common stock	0	0	614,000
PMG
CASH FLOWS FROM INVESTING ACTIVITIES:
Business acquisition, net of cash acquired	0	(10,563,000)	0
Cash paid to acquire assets of Purple		(10,600,000)
IFES Acquisition Corp Limited
CASH FLOWS FROM INVESTING ACTIVITIES:
Business acquisition, net of cash acquired	$ 0	$ (34,346,000)	$ 0