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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net income/(loss) $ 2,153 $ (26,836)
Reconciliation of net loss to net cash (used in) provided by operating activities:    
Depreciation of fixed assets and leases 182 985
Provision for bad debt 350 85
Provision for write down of inventory (1,077) 1,394
Stock based compensation 70 491
Amortization of debt costs and debt discount 186 1,704
Amortization of intangible assets 589 741
Non cash lease expense 91 103
Foreign currency exchange (gain)/loss 2,092 1,597
Loss on impairment of intangible assets 24 8,373
Non cash interest expense 3,134 1,984
Gain on debt restructuring (22,439) 0
Inducement loss 1,889 0
Change in the fair value of derivative liabilities 3,186 1,258
Changes in operating assets and liabilities:    
Accounts receivable 1,037 11,637
Inventories 3,590 (8,186)
Prepaid expenses, other current receivables, and assets 365 (58)
Accounts payable and accrued expenses (6,187) 1,889
Operating liabilities (109) (107)
Net cash used in operating activities (10,874) (2,946)
Cash flows from investing activities:    
Capital expenditures (47) (880)
Net cash used in investing activities (47) (880)
Cash flows from financing activities:    
Proceeds from Term Loan 2023 1,465 0
Proceeds from ATM 34,940 0
Debt issuance costs (3,986) 0
Principal paid on lease obligation (4) (3)
Net cash provided by (used in) financing activities 32,415 (3)
Effect of exchange rate on cash and cash equivalents 104 (651)
Net increase (decrease) in cash, cash equivalents and restricted cash 21,598 (4,480)
Cash, cash equivalents and restricted cash at beginning of period 6,712 16,182
Cash, cash equivalents and restricted cash at end of period 28,310 11,702
Supplemental Cash flow information:    
Cash payments for interest 441 388
Cash payments for income taxes 16 34
Non-cash operating, investing and financing transactions:    
Acquisition of capital expenditures in accounts payable and accrued expenses 24 183
Capitalized stock compensation in capital expenditures 0 5
Issuance of Series D preferred stock $ 15,374 $ 0