Liquid Holdings Group Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2013	FY 2012
Period Ending	Sep '14 Sep 30, 2014	Dec '13 Dec 31, 2013	Dec '12 Dec 31, 2012
Net Income	-30.1	-46.61	-38.61
Depreciation & Amortization, Total	7.31	7.41	0.52
Stock-Based Compensation	4.76	21.08	29.38
Change in Accounts Receivable	-0.94	0.04	0.5
Change in Accounts Payable	-2.05	0.3	2.9
Change in Other Net Operating Assets	0.71	3.95	-5.37
Other Operating Activities	-1.55	-0.09	-3.36
Operating Cash Flow	-21.86	-13.92	-6.94
Capital Expenditures	-1.2	-0.74	-0.33
Cash Acquisitions	-	-	0.27
Sale (Purchase) of Intangibles	-	-	-1.54
Other Investing Activities	-	2.25	-2.19
Investing Cash Flow	-1.2	1.51	-3.78
Short-Term Debt Issued	-	0.75	0.2
Total Debt Issued	1	0.75	0.2
Short-Term Debt Repaid	-	-0.75	-
Total Debt Repaid	-1	-0.75	-
Net Debt Issued (Repaid)	-	-	0.2
Issuance of Common Stock	40.62	29.32	12.85
Repurchase of Common Stock	-	-1.03	-
Other Financing Activities	-1.15	-8.73	-1.25
Financing Cash Flow	39.47	19.56	11.8
Foreign Exchange Rate Adjustments	0.1	-0.06	-0
Net Cash Flow	16.52	7.09	1.07
Free Cash Flow	-23.06	-14.66	-7.27
Free Cash Flow Margin	-441.89%	-305.43%	-359.90%
Free Cash Flow Per Share	-0.61	-0.66	-0.47
Cash Interest Paid	0.01	0	0

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.