Statement of Cash Flow

Quarterly Annual

Selected Year:

31-Dec
2020

Cash received and spent on operating activites of business — buying materials, paying salaries, receiving payments from clients, etc

43.8% - Deferred tax valuation allowance provision

19.7% - Depreciation and amortization

18.9% - Stock-based compensation

6.7% - Operating lease right-of-use assets

4.9% - Accrued and other liabilities

4.0% - Amortization of discount and issuance costs on convertible notes

0.7% - Provision for (recovery of) bad debt expense

0.7% - Accounts payable

0.4% - Impairment of investments in privately-held companies

0.3% - Prepaid expenses and other assets

SOURCEs

6.7% 19.7% 43.8% 4.9% 4.0% 18.9%

100 %

USES

39.4% 7.5% 6.1% 45.1%

45.1% - Net income (loss)

7.5% - Accounts receivable

6.1% - Operating lease liabilities

1.5% - Deferred income taxes

0.4% - Other non-cash adjustments

	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2021 30-Sep	Last Quarter Annualized LQA 2021 30-Sep
Net income (loss)	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$1,205,596	$1,465,659	($1,135,626)	($180,987)	($2,147,028)
Depreciation and amortization	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	425,498	465,549	495,177	528,020	533,792
Amortization of (discount) premium on investments	$45,679	$45,679	-	-	-	-	-	-	-	-	-	-
Amortization of discount and issuance costs on convertible notes Amortization of discount and issuance costs on convertible notes	-	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	105,926	113,298	101,733	27,000	-
Stock-based compensation	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	326,228	378,025	474,932	581,554	657,180
Provision for (recovery of) bad debt expense	$45,679	$45,679	$45,679	$45,679	$45,679	-	-	-	-	18,775	4,348	8,172
Deferred income taxes	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(801,720)	84,369	(36,978)	(227,385)	(799,088)
Deferred tax assets from intra-entity transfers of intangible assets Deferred tax assets from intra-entity transfers of intangible assets	-	-	-	-	-	-	-	-	(1,206,880)	-	-	-
Deferred tax valuation allowance provision	-	-	-	-	-	-	-	-	-	1,101,374	-	-
Impairment of investments in privately-held companies	-	-	-	-	$45,679	$45,679	$45,679	3,000	1,550	8,842	8,842	-
Non-cash restructuring costs	-	-	-	$45,679	$45,679	-	-	-	-	-	-	-
Non-cash acquisition-related costs	$45,679	$45,679	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments	-	-	$45,679	$45,679	$45,679	$45,679	$45,679	(14,139)	(16,906)	(10,764)	(1,487)	216
Accounts receivable	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(130,871)	(67,000)	(188,039)	(266,021)	(276,556)
Operating lease right-of-use assets	-	-	-	-	-	-	-	-	149,880	168,000	206,179	223,368
Prepaid expenses and other assets	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	126,470	(29,602)	6,398	(47,231)	(135,496)
Accounts payable	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(1,533)	2,946	18,232	44,655	71,532
Accrued and other liabilities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	95,256	92,681	123,345	1,075,939	3,719,392
Operating lease liabilities	-	-	-	-	-	-	-	-	(130,205)	(152,531)	(176,359)	(199,964)
Net cash provided by (used in) operating activities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$1,339,711	$1,303,364	$992,870	$1,491,431	$1,555,920

Selected Year:

31-Dec
2020

Cash spent on acquiring plant, equipment and other businesses, cash recei0 from sale of plant, equipment and subsidiaries as well cash parked temporarily in different securities - government bonds typically

71.8% - Maturities of marketable securities

17.2% - Sale of marketable securities

0.1% - (Purchase) sale of property and equipment

SOURCEs

10.8% 71.8% 17.2%

100 %

USES

98.9%

98.9% - Purchases of marketable securities

0.8% - Business combinations net of cash

0.2% - (Purchases) sale of investments in private companies

0.2% - Other investing activities

	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2021 30-Sep	Last Quarter Annualized LQA 2021 30-Sep
(Increase) decrease in restricted cash and deposits	$45,679	$45,679	$45,679	$45,679	$45,679	-	-	-	-	-	-	-
Purchases of marketable securities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(5,334,396)	(5,798,111)	(6,272,395)	(3,953,426)	(2,477,272)
Sale of marketable securities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	58,721	367,116	1,092,754	1,308,981	195,280
Maturities of marketable securities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	3,732,973	4,928,097	4,554,238	4,175,597	4,414,868
(Purchases) sale of investments in private companies	-	-	-	$45,679	$45,679	$45,679	$45,679	(3,375)	(51,163)	(11,912)	(41,262)	(6,768)
(Purchase) sale of property and equipment	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	13,070	6,158	9,170	10,268	8,304
Sale of long-lived assets	-	-	-	-	$45,679	$45,679	$45,679	-	11,781	-	-	-
Business combinations net of cash	-	-	$45,679	$45,679	$45,679	$45,679	$45,679	(33,572)	(29,664)	(48,016)	(36,668)	-
Business combinations and purchase of intangibles	$45,679	$45,679	-	-	-	-	-	-	-	-	-	-
Other investing activities	-	-	$45,679	$45,679	$45,679	$45,679	$45,679	(5,000)	(9,500)	(11,050)	(8,385)	-
Net cash provided by (used in) investing activities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	($2,055,513)	($1,115,974)	($1,560,565)	$235,977	$372,304

Selected Year:

31-Dec
2020

Items in this group are concerned with borrowing funds, repaying debt, issuing equity, buying back shares, etc.

94.3% - Issuance of Convertible Notes

5.2% - Issuance of common stock under Employee Stock Purchase Plan (ESPP)

0.5% - Issuance of common stock from exercise of stock options

SOURCEs

94.3% 5.2%

100 %

USES

71.2% 23.1%

23.1% - Repurchases of common stock

2.2% - Finance leases and debt borrowing (repayment)

2.1% - Employee withholding taxes paid on share-based compensation

1.4% - Debt issuance costs

	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2021 30-Sep	Last Quarter Annualized LQA 2021 30-Sep
Initial Public Offering (IPO) net	$45,679	-	$45,679	-	-	-	-	-	-	-	-	-
Issuance of convertible preferred stock	$45,679	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock under Employee Stock Purchase Plan (ESPP) Issuance of common stock under Employee Stock Purchase Plan (ESPP)	-	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	29,288	42,378	55,471	60,607	-
Issuance of common stock from exercise of stock options Issuance of common stock from exercise of stock options	-	-	-	-	-	-	-	-	-	5,442	7,025	204
Proceeds from issuance of common stock upon exercise of stock options Proceeds from issuance of common stock upon exercise of stock options	-	-	$45,679	$45,679	$45,679	$45,679	$45,679	3,415	788	-	-	-
Proceeds from issuance of stock upon exercise of stock options net of repurchases Proceeds from issuance of stock upon exercise of stock options net of repurchases	$45,679	$45,679	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of warrants	-	$45,679	-	$45,679	-	-	-	-	-	-	-	-
Issuance of Senior Notes	-	-	-	-	-	-	-	-	700,000	-	-	-
Issuance of Convertible Notes	-	$45,679	-	$45,679	-	$45,679	$45,679	1,150,000	-	1,000,000	1,437,500	-
Repayment of convertible notes	-	-	-	-	-	-	-	-	(935,000)	-	(954,000)	(3,816,000)
Finance leases and debt borrowing (repayment)	-	-	-	-	-	-	-	-	(66,677)	(23,062)	(3,054)	-
Repayments of capital leases	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(90,351)	-	-	-	-
Debt issuance costs	-	-	-	-	-	$45,679	$45,679	(13,783)	(8,070)	(14,662)	(16,769)	-
Employee withholding taxes paid on share-based compensation Employee withholding taxes paid on share-based compensation	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(19,263)	(19,594)	(22,587)	(25,955)	(24,860)
Repurchases of common stock	-	-	-	-	-	-	-	-	-	(245,292)	(910,113)	(677,828)
Issuance of warrants associated with hedges	-	-	-	-	-	$45,679	$45,679	186,760	-	-	161,144	-
Purchase of convertible note hedges	-	$45,679	-	$45,679	-	$45,679	$45,679	(267,950)	-	-	(213,469)	-
Convertible notes original issuance discount	-	$45,679	-	$45,679	-	-	-	-	-	-	-	-
Other financing activities	-	$45,679	$45,679	$45,679	$45,679	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$978,116	($286,175)	$755,310	($457,084)	($4,518,484)

Selected Year:

31-Dec
2020

Grand Total for sum of cash flows coming from operations, investing and financing

$187,615,000

	2011 31-Dec	2012 31-Dec	2013 31-Dec	2014 31-Dec	2015 31-Dec	2016 31-Dec	2017 31-Dec	2018 31-Dec	2019 31-Dec	Selected Year: 2020 31-Dec	Last Twelve Months LTM 2021 30-Sep	Last Quarter Annualized LQA 2021 30-Sep
Cash and equivalents - Beginning of period	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$1,673,857	$1,921,875	$1,827,666	$4,235,039	-
Effect of changes in foreign exchange rates on cash	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	(14,296)	4,576	(4,005)	2,458	(17,568)
(Decrease) increase in cash and cash equivalents	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	262,314	(98,785)	187,615	1,270,324	(2,590,260)
Cash and equivalents - End of period	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$45,679	$1,921,875	$1,827,666	$2,011,276	$5,295,334	($2,607,828)

Twitter Inc

Short Description

Statement of Cash Flow