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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net loss $ (36,562) $ (15,571) $ (24,122)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation, amortization, and accretion 14,452 7,255 4,730
Impairment loss 0 0 1,585
Current expected credit losses 540 830 805
Provision for obsolete inventory 2,256 597 845
Stock-based compensation 4,251 2,706 1,039
Loss on debt extinguishment 8,123 0 0
Adjustment to contingent consideration liability (3,340) 0 (450)
Deferred income tax (3,229) (4,002) 13,809
Changes in operating assets and liabilities:      
Accounts receivable (1,532) (15,640) 3,053
Inventories (4,476) 1,864 (1,836)
Other current assets 809 (1,004) 958
Other assets 326 436 (197)
Accounts payable (4,176) 3,741 (1,688)
Accrued salaries and benefits 5,327 1,829 (335)
Accrued expenses (594) 2,412 (2,939)
Customer deposits and deferred service revenue (3,445) 1,243 1,349
Other long-term liabilities 1,027 (2,825) (455)
Net cash used in operating activities (20,243) (16,129) (3,849)
Cash flows from investing activities:      
Acquisitions, net of cash acquired 0 (19,835) 0
Settlement of working capital for acquisition 191 0 0
Capital expenditures (1,299) (2,462) (3,948)
Capitalization of software costs (7,932) (4,068) (3,892)
Proceeds from sale of product line 0 2,482 1,126
Net cash used in provided by investing activities (9,040) (23,883) (6,714)
Cash flows from financing activities:      
Payments of long-term debt (629) 0 (380)
Payment of contingent consideration 0 (2,550) 0
Payments of bank borrowing 0 (17,459) (50,470)
Proceeds from bank borrowing 0 9,640 57,339
Proceeds from stock issuance, net of issuance costs 131,407 0 0
Payments for the extinguishment of notes payable (66,250) 0 0
Proceeds from notes payable, net of issuance costs 115,786 75,039 0
Treasury stock acquired from employees upon vesting or forfeiture of restricted stock (297) (544) 0
Proceeds from exercise of stock options 675 1,433 860
Net cash provided by financing activities 180,692 65,559 7,349
Effect of exchange rate changes on cash and cash equivalents 1,241 (996) 99
Net increase (decrease) in cash and cash equivalents 152,650 24,551 (3,115)
Cash and cash equivalents at beginning of period 28,036 3,485 6,600
Cash and cash equivalents at end of period 180,686 28,036 3,485
Supplemental non-cash investing and financing flow information:      
Cash paid for interest 4,018 1,293 308
Income taxes, net of refunds 205 (321) 285
Capital expenditures recorded in accounts payable 316 0 0
Capitalized software recorded in accounts payable 228 0 0
Bonus accrual to be paid in common shares 620 833 0
Notes payable for AccSys 0 2,000 0
Common stock to be issued for AccSys 0 27,527 0
Contingent consideration for AccSys $ 0 $ 3,340 $ 0