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 |
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