Textura Corporation

Consolidated Statements of Cash Flows (unaudited)

(in thousands)

Three Months Ended

March 31,

2015

Cash flows from operating activities

Net loss

$

(3,067)

$

(7,340)

Adjustments to reconcile net loss to net cash provided by (used in) operating activities:

Depreciation and amortization

1,876

1,886

Deferred income taxes

80

80

Non-cash interest expense

—

(1)

Share�based compensation

1,971

1,936

Changes in operating assets and liabilities:

Accounts receivable

659

(1,720)

Prepaid expenses and other assets

(40)

419

Deferred revenue, including long-term portion

2,334

2,003

Accounts payable

(62)

(130)

Accrued expenses and other

(559)

(463)

Net cash provided by (used in) operating activities

3,192

(3,330)

Cash flows from investing activities

Increase in restricted cash

(400)

—

Purchases of property and equipment

(2,889)

(1,552)

Net cash used in investing activities

(3,289)

(1,552)

Cash flows from financing activities

Principal payments on loan payable

—

(4)

Payments on capital leases

(226)

(195)

Proceeds from exercise of options and warrants

1,120

595

Issuance of common shares (treasury)

56

—

Net cash provided by financing activities

950

396

Effect of changes in foreign exchange rates on cash and cash equivalents

(121)

10

Net increase (decrease) in cash and cash equivalents

732

(4,476)

Cash and cash equivalents

Beginning of period

66,758

77,130

End of period

$

67,490

$

72,654