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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (108,825,466) $ (94,742,892)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of fixed assets 387,649 133,049
Amortization of intangible assets 130,902 88,948
Write off of patent and trademark costs 78,864
Operating lease impairment 81,309
Non-cash operating lease expense 689,089 443,734
(Recovery of) provision for doubtful accounts (181,800) 167,500
Inventory obsolesence reserve 5,965,139
Loss on extinguishment of debt 10,057,632
Share-based compensation 5,369,279 5,224,212
Amortization of deferred financing fees 692,442 316,880
Amortization of license fee 1,499,613
Changes in operating assets and liabilities:    
Accounts receivable 6,286,974 (7,486,691)
Inventory (4,276,735) (4,226,770)
Other current assets 4,412,827 1,710,697
Accounts payable (1,910,893) (3,244,603)
Accrued expenses and other current liabilities (5,420,628) 2,801,717
Net cash used in operating activities (95,100,299) (88,677,723)
CASH FLOWS FROM INVESTING ACTIVITIES    
Patent costs (815,564) (763,247)
Purchase of fixed assets (25,800) (1,092,504)
Security deposit 35,000 (20,420)
Net cash used in investing activities (806,364) (1,876,171)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from exercise of options and warrants 166,184 100,107
Repayment of the Credit Agreement (81,660,719)
Proceeds from the Financing Agreement 50,000,000 200,000,000
Payment of deferred financing fees (1,250,000) (6,652,270)
Net cash provided by financing activities 48,916,184 111,787,118
Increase (decrease) in cash (46,990,479) 21,233,224
Cash, beginning of period 160,829,713 161,613,077
Cash, end of period 113,839,234 182,846,301
Supplemental disclosure of cash flow information    
Interest paid $ 12,032,014 $ 6,989,570