| Cash Flow for TASER International Inc. (TASR) | | | | | | | Cash Flow | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Net Income | 15,026 | (4,088) | 1,063 | 19,125 | 4,454 | | Depreciation & Amortization | 2,521 | 2,097 | 1,713 | 552 | 394 | | Deferred Income Taxes | 6,932 | (1,168) | (522) | 728 | (1,014) | | Operating Losses | 50 | - | 2,639 | 12,550 | 4,470 | | Extraordinary Losses | - | - | - | - | - | | | Decrease in Receivables | (1,704) | (4,070) | 3,020 | (3,146) | (4,746) | | Decrease in Inventories | (4,455) | 762 | (3,560) | (3,714) | (791) | | Decrease in Other Current Assets | - | - | - | - | - | | Increase in Payables | 1,069 | 257 | (2,611) | 5,156 | 1,854 | | Increase in Other Current Liabilities | (5,777) | 11,343 | 482 | 156 | 170 | | Decrease in Other Working Capital | (105) | 200 | - | - | - | | Other Non-Cash Items | 2,601 | 1,473 | - | - | - | | Net Cash from Continuing Operations | 13,923 | 7,482 | 1,068 | 30,304 | 4,367 | | Net Cash from Discontinued Operations | - | - | - | - | - | | Cash from Operating Activities | 13,923 | 7,482 | 1,068 | 30,304 | 4,367 | | | | Sale of Property, Plant, Equipment | - | - | - | - | - | | Sale of Short Term Investments | 155,730 | 81,124 | 95,555 | - | - | | | Purchase of Property, Plant, Equipment | (4,522) | (2,069) | (7,812) | (11,322) | (3,651) | | Acquisitions | - | - | - | - | - | | Purchase of Short Term Investments | (138,203) | (82,611) | (87,829) | (35,273) | - | | Other Investment Changes, Net | - | - | (104) | (195) | (565) | | Cash from Investing Activities | 13,005 | (3,556) | (191) | (46,791) | (4,216) | | | Issuance of Debt | - | - | - | - | - | | Issuance of Capital Stock | 3,144 | 748 | 750 | 15,630 | 1,820 | | | Repayment of Debt | (45) | (43) | (31) | (264) | (635) | | Repurchase of Capital Stock | - | (2,209) | - | - | - | | Payment of Cash Dividends | - | - | - | - | - | | Other Financing Charges, Net | - | - | - | - | 10,966 | | Cash from Financing Activities | 3,099 | (1,504) | 718 | 15,366 | 12,151 | | | | Effect of Exchange Rate Changes | - | - | - | - | - | | Net Change in Cash | 30,027 | 2,422 | 1,595 | (1,121) | 12,301 | | | Cash at Beginning of Year | 18,774 | 16,352 | 14,757 | 15,878 | 3,577 | | Cash at End of Period | 48,800 | 18,774 | 16,352 | 14,757 | 15,878 | | | |
