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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:          
Net income (loss) $ (1,270) $ (15,510) $ (13,420) $ (36,234) $ (63,559)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:          
Depreciation and amortization 2,132 2,287 4,061 4,490 9,006
Asset write-downs and impairment of field equipment 86 93 161 142 407
Share-based compensation to employees 13,732 10,206 23,381 18,726 39,846
Decrease (increase) in trade receivables (3,313) (3,599) (6,010) (5,271) (4,151)
Amortization of discount (premium) (587) (370) (1,165) 2,057 1,022
Decrease (increase) in receivables and prepaid expenses (1,685) (1,277) (1,024) (3,111) (6,174)
Decrease (increase) in inventories (1,316) 482 (2,899) 2,120 (529)
Decrease (increase) in other long-term assets (632) (278) (2,531) (898) (949)
Decrease (increase) in right of use assets, net 800   2,613    
Increase (decrease) in trade payables 126 1,016 3,361 3,229 9,503
Increase (decrease) in other payables and accrued expenses 2,097 (528) 1,108 (8,828) 4,210
Increase (decrease) in employee benefit liabilities, net 50 1 93 77 133
Increase (decrease) in long-term lease liability (575)   (1,152)    
Increase (decrease) in other long-term liabilities (579) (16) (1,826) (816) 9,370
Net cash provided by (used in) operating activities 9,066 (7,493) 4,751 (24,317) (1,865)
Cash flows from investing activities:          
Purchase of property and equipment (892) (854) (1,752) (1,591) (2,916)
Purchase of field equipment (1,505) (604) (2,970) (1,974) (3,795)
Proceeds from maturity of short-term investments 105,000 60,000 210,661 105,000 255,000
Purchase of short-term investments (104,351) (59,384) (208,676) (104,134) (253,782)
Net cash provided by (used in) investing activities (1,748) (842) (2,737) (2,699) (5,493)
Cash flows from financing activities:          
Proceeds from issuance of shares, net 1,208 938 1,208 938 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) (24) (16) (41) (84)
Exercise of options and warrants 19,457 10,274 36,435 12,855 18,468
Net cash provided by (used in) financing activities 20,657 11,188 37,627 62,902 69,369
Effect of exchange rate changes on cash and cash equivalents 47 11 (214) 21 27
Increase (decrease) in cash, cash equivalents and restricted cash 28,022 2,864 39,427 35,907 62,038
Cash, cash equivalents and restricted cash at beginning of period 154,161 113,761 142,756 80,718 80,718
Cash, cash equivalents and restricted cash at the end of the period 182,183 116,625 182,183 116,625 142,756
Cash paid during the period for:          
Income taxes 4,358 8,256 7,391 12,014 20,350
Interest 3,415 $ 3,416 6,794 $ 6,425 $ 13,334
Non-cash activities upon implementation of ASC-842:          
Right of use assets obtained in exchange for lease obligations $ 1,539   $ 17,273