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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Operating activities    
Net loss $ (36,199) $ (37,084)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 15,510 17,969
Amortization of debt issuance costs and original issue discount 1,061 340
Provision for doubtful accounts 183 81
Deferred income taxes   4
Loss (gain) on disposal or impairment of assets 18 (59)
Loss on sale of Russian proppant business   350
Noncash lease expense 862  
Stock compensation expense 1,586 2,254
PIK repayment on notes payable, related parties (2,040)  
Change in fair value of derivative instruments   (1,348)
Changes in operating assets and liabilities:    
Trade accounts and other receivables 11,676 (3,777)
Inventories 5,830 836
Prepaid expenses and other current assets (194) (407)
Accounts payable 1,293 (1,341)
Accrued expenses (7,938) (4,303)
Income tax receivable, net (9) 97
Other, net (169) 2,126
Net cash used in operating activities (8,530) (24,262)
Investing activities    
Capital expenditures (1,085) (1,179)
Net proceeds from asset sales 113 74
Net cash used in investing activities (2,156) (1,105)
Financing activities    
Repayments on notes payable (874) (500)
Repayments on long-term debt (14,533)  
Repayments on notes payable, related parties (25,000)  
Proceeds from long-term debt 14,533  
Payment of debt issuance costs (218)  
Purchase of common stock (279) (421)
Net cash (used in) provided by financing activities (21,765) 1,928
Net decrease in cash and cash equivalents and restricted cash (32,451) (23,439)
Cash and cash equivalents and restricted cash at beginning of period 83,317 78,385
Cash and cash equivalents and restricted cash at end of period 50,866 54,946
Supplemental cash flow information    
Interest paid 4,469 3,850
ATM Program    
Financing activities    
Proceeds from issuance of common stock under ATM program 4,606 $ 2,849
Pic Onyx Inc    
Investing activities    
Investment in PicOnyx (684)  
Issuance of Note from PicOnyx $ (500)