Cash Flow for 4LICENSING CORPORATI (FOUR)

Cash Flow for 4LICENSING CORPORATI
Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Net Income
Net Income -3,229,000 9,544,000 -15,200,000
Operating Activities, Cash Flows Provided By or Used In
Depreciation 195,000 126,000 222,000
Adjustments To Net Income -1,085,000 -8,744,000 16,076,000
Changes In Accounts Receivables 200,000 1,742,000 -296,000
Changes In Liabilities -4,115,000 -4,464,000 7,850,000
Changes In Inventories -137,000 - -
Changes In Other Operating Activities -65,000 767,000 -117,000
Total Cash Flow From Operating Activities -8,316,000 -6,632,000 -8,834,000
Investing Activities, Cash Flows Provided By or Used In
Capital Expenditures -26,000 - -2,000
Investments - - 6,216,000
Other Cash flows from Investing Activities -1,100,000 13,997,000 25,000
Total Cash Flows From Investing Activities -1,126,000 13,997,000 6,239,000
Financing Activities, Cash Flows Provided By or Used In
Dividends Paid - - -
Sale Purchase of Stock 787,000 - -
Net Borrowings - - -
Other Cash Flows from Financing Activities - - -
Total Cash Flows From Financing Activities 787,000 - -
Effect Of Exchange Rate Changes - 19,000 27,000
Change In Cash and Cash Equivalents -8,655,000 7,384,000 -2,568,000