| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 |
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
-41,993 | -24,568 | -39,186 | -21,828 | -14,714 | -1,211 | -1,239 |
Adjustments to reconcile net loss to net cash used by operating activities | ||||||
Depreciation and amortization | ||||||
2,846 | 2,845 | 2,232 | 556 | 96 | 59 | 52 |
Non-cash compensation expense attributable to stock awards | ||||||
10,301 | 5,602 | 4,744 | 4,970 | 6,964 | 79 | 82 |
Deferred income taxes | ||||||
685 | -6,498 | 6,498 | - | - | - | - |
Bad debt expense | ||||||
218 | 22 | 58 | - | - | - | - |
Accretion expense | ||||||
12 | 14 | 12 | - | - | - | - |
Loss on disposal of assets | ||||||
-54 | -86 | -29 | - | - | - | - |
Impairment of long-lived assets | ||||||
782 | - | - | - | - | - | - |
Changes in operating assets and liabilities | ||||||
Accounts receivable | ||||||
-273 | 320 | 166 | 133 | 26 | 80 | 39 |
Inventory | ||||||
-173 | 45 | 35 | 93 | - | - | - |
Prepaid expenses and other assets | ||||||
-69 | 91 | 276 | 312 | 621 | 0 | 1 |
Accounts payable and accrued expenses | ||||||
914 | 757 | -247 | -2,620 | 6,159 | 2 | 88 |
Restructuring reserve | ||||||
2,758 | - | - | - | - | - | - |
Due to related parties | ||||||
-41 | 224 | - | - | - | - | - |
Accounts payable - officers | ||||||
- | - | - | 3 | -77 | 16 | 10 |
Deferred revenue | ||||||
-813 | -752 | -786 | -722 | 7,103 | - | - |
Accrued interest expense | ||||||
- | - | - | -3 | -332 | 325 | 224 |
Deferred compensation | ||||||
- | - | - | - | -362 | 24 | 81 |
Other liabilities | ||||||
673 | 738 | 619 | 388 | 64 | - | - |
Net cash used by operating activities | ||||||
-23,089 | -21,986 | -26,504 | -19,794 | 4,254 | -785 | -740 |
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchases of intangible assets | ||||||
942 | 1,931 | 750 | 2,068 | 90,298 | - | - |
Purchases of equipment | ||||||
724 | 950 | 1,640 | 9,077 | 6,347 | 33 | 16 |
Payments for patent costs | ||||||
- | - | 1 | 12 | 1 | 35 | 53 |
Net cash used by investing activities | ||||||
-1,666 | -2,881 | -2,391 | -11,157 | -96,646 | -69 | -70 |
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Net proceeds from Section 144A Offering | ||||||
- | - | - | - | 201,922 | 0 | - |
Net proceeds from July 2019 follow-on offering | ||||||
- | - | - | 64,792 | - | 0 | - |
Net proceeds from January 2015 stock issuance | ||||||
- | - | - | - | 1,387 | - | - |
Payment of notes payable | ||||||
- | 497 | 495 | 297 | 1,134 | - | - |
Proceeds from stock option exercises | ||||||
3,368 | 267 | 153 | 45 | 45 | 705 | 976 |
Payments of withholding tax on net issuance of restricted stock | ||||||
209 | 668 | 143 | - | - | - | - |
Net cash provided by financing activities | ||||||
3,159 | -898 | -485 | 64,540 | 212,220 | 705 | 976 |
Net change in cash and cash equivalents | ||||||
-21,596 | -25,765 | -29,380 | 33,589 | 119,828 | -149 | 165 |
Proceeds from Motorola investment | ||||||
- | - | - | - | 10,000 | - | - |
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||