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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Dec. 31, 2017
Cash flows from operating activities:          
Net loss $ (15,510) $ (21,174) $ (36,234) $ (39,219) $ (61,662)
Adjustments to reconcile net loss to net cash used in operating activities:          
Depreciation and amortization 2,287 1,811 4,490 3,471 7,677
Asset write-downs and impairment of field equipment 93 59 142 134 241
Share-based compensation to employees 10,206 7,570 18,726 12,131 27,116
Increase in trade receivables (3,599) (2,064) (5,271) (7,550) (23,228)
Amortization of discount (370) 103 2,057 209 252
Decrease (increase) in receivables and prepaid expenses (1,277) 3,354 (3,111) (1,461) 1,979
Decrease in inventories 482 803 2,120 403 3,524
Increase in other long-term assets (278) (38) (898) (294) (554)
Increase (decrease) in trade payables 1,016 (1,638) 3,229 (5,195) (1,150)
Increase (decrease) in other payables and accrued expenses (528) 4,888 (8,828) 3,478 14,460
Increase in employee benefit liabilities, net 1 130 77 239 440
Increase (decrease) in other long-term liabilities (16) 321 (816) 870 (2,229)
Net cash used in operating activities (7,493) (5,875) (24,317) (32,784) (33,134)
Cash flows from investing activities:          
Purchase of property and equipment (854) (376) (1,591) (1,406) (2,459)
Purchase of field equipment (604) (859) (1,974) (2,261) (4,907)
Proceeds from maturity of short-term investments 60,000 60,000 105,000 120,000 120,000
Purchase of short-term investments (59,384) (59,352) (104,134) (104,006) (104,006)
Net cash provided by (used in) investing activities (842) (587) (2,699) 12,327 8,628
Cash flows from financing activities:          
Proceeds from issuance of shares, net 938 781 938 781 1,540
Proceeds from long-term loan, net     149,150    
Proceeds from other long-term loans   19   19 19
Repayment of long-term loan     (100,000)    
Repayment of other long-term loan (24) (19) (41) (37) (76)
Exercise of options and warrants 10,274 1,286 12,855 1,363 3,685
Net cash provided by financing activities 11,188 2,067 62,902 2,126 5,168
Effect of exchange rate changes on cash and cash equivalents 11 (1) 21 10 8
Increase (decrease) in cash, cash equivalents and restricted cash 2,864 (4,396) 35,907 (18,321) (19,330)
Cash, cash equivalents and restricted cash at beginning of period 113,761 86,123 80,718 100,048 100,048
Cash, cash equivalents and restricted cash at the end of the period 116,625 81,727 116,625 81,727 80,718
Cash paid during the period for:          
Income taxes 8,256 1,500 12,014 4,902 10,286
Interest $ 3,416 $ 2,533 $ 6,425 $ 5,041 $ 10,162