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Technology Stocks : Sequans, the investors board
SQNS 0.930-0.1%Jul 19 4:02 PM EDT

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From: frmrVZguy5/9/2019 2:39:10 PM
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1Q19 Financial Statement: Highlighted lines that REALLY matter................................................................
Here's the math you care about
281,076,000 / 94,788,726 = $2.965 per share deficit

and line entries that demand attention
1,976
(425 - 99)
Net cash flow used in investments activities (1,650
Capitalized development expenditures (1,080
--------
per SEEKING ALPHA "Revenue of $7M (-37.7% Y/Y) misses by $1.17M."

businesswire.com
businesswire.com
Sequans Communications Announces First Quarter 2019 Financial Results
PARIS--(BUSINESS WIRE)--4G chipmaker Sequans Communications S.A. (NYSE: SQNS) today announced financial results for the first quarter ended March 31, 2019.
...
EQUITY AND LIABILITIES
Issued capital, euro 0.02 nominal value, 94,788,726 shares authorized, issued and outstanding at March 31, 2019 (94,732,539 shares at December 31, 2018) $ 2,384 $ 2,384
...
Accumulated deficit (281,076 ) (272,036 )
...
SEQUANS COMMUNICATIONS S.A.
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW
Three months ended March 31,
(in thousands of US$) 2019 2018
Operating activities
Loss before income taxes $ (9,056 ) $ (8,730 )
Non-cash adjustment to reconcile income before tax to net cash from (used in) operating activities Depreciation and impairment of property, plant and equipment 1,262 769
Amortization and impairment of intangible assets 1,078 767
Share-based payment expense 488 531
Increase (decrease) in provisions (21 ) 22
Financial expense (income) 1,976 1,227
Foreign exchange loss (gain) (425 ) 146
Loss (Gain) on disposal of property, plant and equipment (32 ) —
Working capital adjustments
Decrease (Increase) in trade receivables and other receivables 2,980 3,958
Decrease (Increase) in inventories 604 8
Decrease (Increase) in research tax credit receivable (597 ) (982 )
Decrease in trade payables and other liabilities (2,478 ) (3,315 )
Decrease in deferred revenue (317 ) (34 )
Decrease in government grant advances (99 ) (410 )
Income tax paid 13 34
Net cash flow used in operating activities (4,624 ) (6,009 )
Investing activities
Purchase of intangible assets and property, plant and equipment (585 ) (329 )
Capitalized development expenditures (1,080 ) (463 )
...
Net cash flow used in investments activities (1,650 ) (777 )
...
Cash and cash equivalent at January 1 12,086 2,948
Cash and cash equivalents at end of the period $ 7,555 $ 14,638
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