XML 24 R8.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Dec. 31, 2018
Cash flows from operating activities:      
Net income (loss) $ (12,150) $ (20,724) $ (63,559)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 1,929 2,203 9,006
Asset write-downs and impairment of field equipment 75 49 407
Share-based compensation to employees 9,649 8,520 39,846
Decrease (increase) in trade receivables (2,697) (1,672) (4,151)
Amortization of discount (premium) (578) 2,427 1,022
Decrease (increase) in receivables and prepaid expenses 661 (1,834) (6,174)
Decrease (increase) in inventories (1,583) 1,638 (529)
Decrease (increase) in other long-term assets (1,899) (620) (949)
Decrease (increase) in right of use assets, net 1,813    
Increase (decrease) in trade payables 3,235 2,213 9,503
Increase (decrease) in other payables and accrued expenses (989) (8,300) 4,210
Increase (decrease) in employee benefit liabilities, net 43 76 133
Increase (decrease) in long-term lease liability (577)    
Increase (decrease) in other long-term liabilities (1,247) (800) 9,370
Net cash provided by (used in) operating activities (4,315) (16,824) (1,865)
Cash flows from investing activities:      
Purchase of property and equipment (860) (737) (2,916)
Purchase of field equipment (1,465) (1,370) (3,795)
Proceeds from maturity of short-term investments 105,661 45,000 255,000
Purchase of short-term investments (104,325) (44,750) (253,782)
Net cash provided by (used in) investing activities (989) (1,857) (5,493)
Cash flows from financing activities:      
Proceeds from issuance of shares, net     1,835
Proceeds from long-term loan, net   149,150 149,150
Repayment of long-term loan   (100,000) (100,000)
Repayment of other long-term loan (8) (17) (84)
Exercise of options and warrants 16,978 2,581 18,468
Net cash provided by (used in) financing activities 16,970 51,714 69,369
Effect of exchange rate changes on cash and cash equivalents (261) 10 27
Increase (decrease) in cash, cash equivalents and restricted cash 11,405 33,043 62,038
Cash, cash equivalents and restricted cash at beginning of period 142,756 80,718 80,718
Cash, cash equivalents and restricted cash at the end of the period 154,161 113,761 142,756
Cash paid during the period for:      
Income taxes 3,033 3,758 20,350
Interest 3,379 $ 3,009 $ 13,334
Non-cash activities upon implementation of ASC-842:      
Right of use assets obtained in exchange for lease obligations: $ 15,733