XML 18 R7.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net loss $ (8,724) $ (4,802)
Reconciliation of net loss to net cash (used in) provided by operating activities:    
Depreciation of fixed assets and leases 876 561
Provision for bad debt (105) 0
Provision for write down of inventory 453 602
Stock based compensation 368 616
Amortization of Debt Issuance Costs and Discounts 1,523 2,594
Amortization of intangible assets 756 791
Non cash lease expense 97 0
Foreign currency exchange loss (gain) 844 (1,325)
Partial extinguishment of Convertible 3.75% Senior Notes 185 0
Loss on impairment of intangible assets 0 22
Non cash interest expense 2,020 0
Changes in operating assets and liabilities:    
Accounts receivable 892 (711)
Inventories (5,063) (2,376)
Prepaid expenses, other current receivables and assets 558 902
Accounts payable and accrued expenses (95) (6,423)
Operating liabilities (85) 0
Deferred income (551) 0
Net cash used in operating activities (6,051) (9,549)
Cash flows from investing activities:    
Capital expenditures (2,129) (4,094)
Net cash used in investing activities (2,129) (4,094)
Cash flows from financing activities:    
Proceeds from Revolver 5,000 0
Debt issuance costs (109) 0
Repurchase of 3.75% senior notes (2,686) 0
Principal paid on lease obligation (3) 0
Net cash provided by financing activities 2,202 0
Effect of exchange rate on cash and cash equivalents (16) (287)
Net decrease in cash, cash equivalents and restricted cash (5,978) (13,643)
Cash, cash equivalents and restricted cash at beginning of period 13,069 27,165
Cash, cash equivalents and restricted cash at end of period 7,075 13,235
Supplemental Cash flow information:    
Cash payments for interest 278 0
Cash payments for income taxes 20 15
Non-cash operating, investing and financing transactions:    
Acquisition of capital expenditures in accounts payable and accrued expenses 1,365 3,421
Capitalized interest in capital expenditures 0 1,348
Capitalized stock compensation in capital expenditures $ 10 $ 30