RECONCILIATION OF NET OPERATING LOSS TO NET CASH USED FOR OPERATING ACTIVITIES:
| USED FOR OPERATING ACTIVITIES: | |
|---|
| Operating Loss | $ (24,895,825) |
|---|
| Adjustments to Reconcile Operating Loss to Net Cash | |
|---|
| Used by Operating Activities: | |
|---|
| Depreciation/Amortization Expense | 8,626,954 |
|---|
| Bad Debt Credit | (649,339) |
|---|
| Changes in Assets and Liabilities: | |
|---|
| Accounts Receivable, Net | (545,705) |
|---|
| Grants Receivable, Net | (1,892,763) |
|---|
| Prepaid Expenses | (180,792) |
|---|
| Accounts Payable and Accrued Liabilities | 916,579 |
|---|
| Other Noncurrent Liabilities | (71,537) |
|---|
| Compensated Absences | (342,266) |
|---|
| Unearned Revenue | 12,222,325 |
|---|
| Claims and Judgements Payable | (314,255) |
|---|
| Deferred Outflows - Pension | 2,703,333 |
|---|
| Deferred Outflows - OPEB | 1,510,101 |
|---|
| Deferred Inflows - Pension | (1,730,510) |
|---|
| Deferred Inflows - OPEB | 2,765,702 |
|---|
| Net OPEB Asset | (176,652) |
|---|
| Net Pension Liability | (3,672,497) |
|---|
| Net OPEB Liability | (5,831,164) |
|---|
| Net Cash Used by Operating Activities | $ (11,558,311) |
|---|
| SUPPLEMENTAL DISCLOSURES OF NONCASH TRANSACTIONS | |
|---|
| Loss on Disposal of Assets | $ 146,182 |
|---|
| Capital Additions in Accounts Payable | $ 422,573 |
|---|
| Expenses Paid on Behalf of the University | $ 1,881,489 |
|---|
| Acquisition of Right-to-Use Assets Under Lease and SBITA Contracts | $ 746,629 |
|---|
(17)