• Entity registrant name: SEQUANS COMMUNICATIONS (CIK: 0001383395)
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1383395/000138339518000015/0001383395-18-000015-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1383395/000138339518000015/sqns-20171231.xml
  • XBRL Cloud Viewer: Click to open XBRL Cloud Viewer
  • XBRL Cloud Rendering (requires license): Click to open XBRL Cloud Component Rendering
  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001383395
  • Open this page in separate window: Click

    • * * *

    Component: (Network and Table)
    Network
    1005000 - Statement - Statements of Cash Flow
    (http://www.sequans.com/role/StatementsOfCashFlow)
    Table (Implied)
    Slicers (applies to each fact value in each table cell)
    Reporting Entity [Axis] 0001383395 (http://www.sec.gov/CIK)
    Statement of cash flows [abstract] Period [Axis]
    2017-01-01 - 2017-12-31
    2016-01-01 - 2016-12-31
    2015-01-01 - 2015-12-31
    Statement of cash flows [abstract]
     
     
     
    Operating activities:
     
     
     
    Profit (Loss) before income taxes
    (25,860,000) 
    (24,503,000) 
    (27,085,000) 
    Non-cash adjustment to reconcile income (loss) before tax to net cash used in operating activities:
     
     
     
    Amortization and impairment of property, plant and equipment
    2,760,000  
    3,080,000  
    3,408,000  
    Amortization and impairment of intangible assets
    2,815,000  
    2,215,000  
    1,867,000  
    Share-based payment expense
    1,638,000  
    1,122,000  
    867,000  
    Increase (Decrease) in provisions
    165,000  
    (240,000) 
    152,000  
    Interest expense, net
    4,612,000  
    3,686,000  
    1,516,000  
    Convertible debt amendments
    322,000  
    0  
    0  
    Change in fair value of convertible debt embedded derivative
    0  
    1,583,000  
    2,036,000  
    Other financial expenses
    0  
    83,000  
    145,000  
    Foreign exchange loss (gain)
    561,000  
    (18,000) 
    (340,000) 
    Loss on disposal of property, plant and equipment
    0  
    2,000  
    5,000  
    Working capital adjustments:
     
     
     
    Decrease (Increase) in trade receivables and other receivables
    (7,084,000) 
    705,000  
    (9,091,000) 
    Decrease (Increase) in inventories
    1,317,000  
    (4,628,000) 
    5,134,000  
    Decrease (Increase) in research tax credit receivable
    (1,087,000) 
    963,000  
    578,000  
    Increase (Decrease) in trade payables and other liabilities
    (5,939,000) 
    2,354,000  
    2,041,000  
    Increase (Decrease) in deferred revenue
    (242,000) 
    (737,000) 
    2,848,000  
    Decrease in government grant advances
    (2,271,000) 
    (1,030,000) 
    (170,000) 
    Income tax paid
    (333,000) 
    (226,000) 
    (312,000) 
    Net cash flow used in operating activities
    (28,626,000) 
     
    (15,589,000) 
     
    (16,401,000) 
     
    Investing activities:
     
     
     
    Purchase of intangible assets and property, plant and equipment
    (4,232,000) 
    (5,368,000) 
    (5,097,000) 
    Capitalized development expenditures
    (2,190,000) 
    (22,000) 
    (386,000) 
    Sale (Purchase) of financial assets
    (113,000) 
    24,000  
    345,000  
    Increase (Decrease) of short-term deposit
    (2,000) 
    48,000  
    (233,000) 
    Interest received
    60,000  
    48,000  
    26,000  
    Net cash flow used in investments activities
    (6,477,000) 
     
    (5,270,000) 
     
    (5,345,000) 
     
    Financing activities:
     
     
     
    Public equity offering proceeds, net of transaction costs paid
    14,898,000  
    23,569,000  
    0  
    Proceeds from issue of warrants and exercise of stock options/warrants, net of transaction costs
    966,000  
    279,000  
    29,000  
    Proceeds (repayment of) from interest-bearing receivables financing
    (299,000) 
    1,240,000  
    4,339,000  
    Proceeds from interest-bearing research project financing
    2,716,000  
    1,021,000  
    0  
    Proceeds from government loans, net of transaction cost
    0  
    0  
    2,134,000  
    Proceeds from convertible debt, net of transaction cost
    0  
    6,932,000  
    11,572,000  
    Repayment of government loans
    (116,000) 
    0  
    0  
    Repayment of borrowings and finance lease liabilities
    0  
    (12,000) 
    (183,000) 
    Interest paid
    (327,000) 
    (251,000) 
    (181,000) 
    Net cash flows from financing activities
    17,838,000  
     
    32,778,000  
     
    17,710,000  
     
    Net increase (decrease) in cash and cash equivalents
    (17,265,000) 
     
    11,919,000  
     
    (4,036,000) 
     
    Net foreign exchange difference
    11,000  
    (5,000) 
    (5,000) 
    Cash and cash equivalent at January 1
    20,202,000  
    8,288,000  
    12,329,000  
    Cash and cash equivalents at period end
    2,948,000  
     
    20,202,000  
     
    8,288,000