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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Cash flows from operating activities:          
Net income (loss) $ 9,284 $ 1,930 $ 14,891 $ (11,490) $ (7,230)
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Depreciation and amortization 2,188 1,932 6,677 5,993 8,460
Asset write-downs and impairment of field equipment 124 78 263 239 398
Share-based compensation 20,121 14,338 55,448 37,719 52,416
Foreign currency remeasurement loss (gain) (79) 0 (549) 0 (917)
Decrease (increase) in accounts receivables (7,678) (9,986) (33,556) (17,020) (36,496)
Amortization of discount (premium) 424 (547) (654) (1,712) (2,176)
Decrease (increase) in inventories (55) 1,067 (2,446) (1,832) (1,159)
Decrease (increase) in other long-term assets (5,173) 1,069 (2,794) 1,151 3,446
Increase (decrease) in accounts payables and accrued expenses 9,908 6,433 7,974 10,902 16,883
Increase (decrease) in other long-term liabilities 1,905 (1,407) 413 (4,292) (7,006)
Net cash provided by (used in) operating activities 30,969 14,907 45,667 19,658 26,620
Cash flows from investing activities:          
Purchase of property, equipment and field equipment (2,782) (2,708) (9,209) (7,430) (10,485)
Proceeds from maturity of short-term investments 150,000 105,000 150,000 315,661 420,661
Purchase of short-term investments 0 (104,466) 0 (313,142) (461,843)
Net cash provided by (used in) investing activities 147,218 (2,174) 140,791 (4,911) (51,667)
Cash flows from financing activities:          
Proceeds from issuance of shares, net 0 0 1,667 1,208 2,467
Repayment of long-term loan (150,007) (7) (150,022) (23) (31)
Exercise of options and warrants 9,514 15,475 17,710 51,910 59,245
Net cash provided by (used in) financing activities (140,493) 15,468 (130,645) 53,095 61,681
Effect of exchange rate changes on cash, cash equivalents and restricted cash 102 (216) 152 (430) 26
Increase (decrease) in cash, cash equivalents and restricted cash 37,796 27,985 55,965 67,412 36,660
Cash, cash equivalents and restricted cash at the beginning of the period 197,585 182,183 179,416 142,756 142,756
Cash, cash equivalents and restricted cash at the end of the period 235,381 210,168 235,381 210,168 179,416
Cash paid during the period for:          
Income taxes, net of refunds 4,382 3,040 11,319 10,431 11,241
Interest 1,840 3,453 8,671 10,247 13,699
Non-cash activities in accordance with ASC-842:          
Right-of-use assets obtained in exchange for lease obligations $ 675 $ 1,062 $ 2,849 $ 18,335 $ 22,943