XML 19 R6.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Cash flows from operating activities      
Net loss $ (51,651) $ (59,719)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Non-cash other income/expense, net (19) (49)  
Non-cash interest income 1 24  
Non-cash interest expense 351 379  
Loss on extinguishment of debt 2,757    
Depreciation and amortization expense 315 162  
Amortization of right-of-use assets 260 291  
Stock-based compensation 4,266 7,866  
Deferred income taxes   (5)  
Other, net (66)    
Changes in operating assets and liabilities:      
Increase/(decrease) in long-term receivables   (288)  
Increase/(decrease) in accounts receivable, net and other receivables and prepaid expenses (3,237) (1,258)  
Increase/(decrease) in inventory (5,121) (162)  
Increase/(decrease) in accounts payable (2,529) (39)  
Decrease in accrued expenses and other liabilities (3,103) (3,553)  
Increase/(decrease) in other non-current assets 9    
Increase/(decrease) in other non-current liabilities (156) (88)  
Increase/(decrease) in income tax liabilities (44) 34  
Net cash used in operating activities (57,967) (56,405)  
Cash flows from investing activities      
Purchases of plant and equipment and intangible assets (95) (97)  
Deposits into employee stock purchase plan restricted cash accounts   228  
Changes in restricted cash (162)    
Net cash used in investing activities (257) 131  
Cash flows from financing activities      
Proceeds from exercise of warrants 665    
Proceeds from issuance of common stock and warrants associated with May 2020 financing 38,414    
Proceeds from at-the-market facility 7,119 23,189  
Proceeds from long-term debt, net of issuance costs   9,980  
Proceeds from employee stock purchase plan 43 170  
Repayments of long-term borrowings (30,000)    
Equity transaction costs (3,338) (659)  
Net cash provided by financing activities 12,903 32,680  
Effects of exchange rate changes on the balance of cash and cash equivalents held in foreign currencies 262 (80)  
Net decrease in cash, cash equivalents and restricted cash (45,059) (23,674)  
Cash, cash equivalents and restricted cash at beginning of period 86,411 102,003 $ 102,003
Cash, cash equivalents and restricted cash at end of period 41,352 78,329 $ 86,411
Supplemental disclosure of cash flow information:      
Interest paid 1,273 1,735  
Equity transaction costs included in accounts payable and accrued expenses $ 564 $ 382