| Dec'17 | Jun'17 | Dec'16 | Jun'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net income (loss) | ||||||
-12,359 | - | 2,596 | - | 795 | ||
CASH FLOWS FROM OPERATING ACTIVITIES | ||||||
Net loss | ||||||
- | -1,765 | - | -392 | - | ||
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||
Foreign exchange (gain) loss | ||||||
-779 | - | 692 | - | 855 | ||
(Loss) gain on disposal of property and equipment | ||||||
0 | - | -1 | - | 350 | ||
Depreciation of property and equipment | ||||||
744 | - | 1,011 | - | 1,371 | ||
Amortization of intangible assets | ||||||
3,935 | - | 2,146 | - | 1,109 | ||
Deferred income tax (benefits) expenses | ||||||
937 | - | 402 | - | -1,044 | ||
Interest expense | ||||||
661 | - | 352 | - | 0 | ||
Unrealized (gain) loss on marketable securities held in Trust Account | ||||||
- | 15 | - | -14 | - | ||
Interest earned on marketable securities held in Trust Account | ||||||
- | 185 | - | 91 | - | ||
Share-based compensation expenses | ||||||
14,667 | 800 | 0 | 0 | 0 | ||
Changes in the fair value of warrant liabilities | ||||||
200 | - | 12 | - | - | ||
Changes in operating assets and liabilities, net of the effects of an acquisition: | ||||||
Restricted cash | ||||||
2,306 | - | 383 | - | -211 | ||
Accounts receivable | ||||||
37,463 | - | 22,189 | - | -6,830 | ||
Accounts receivable from related parties | ||||||
-490 | - | -5,508 | - | 5,866 | ||
Receivable from MVNO franchisees | ||||||
-805 | - | 1,024 | - | 3,295 | ||
Inventories | ||||||
4,349 | - | 6,418 | - | 4,074 | ||
Deferred cost of revenues | ||||||
1,491 | - | 497 | - | -2,469 | ||
Prepaid expenses and other current assets | ||||||
12,140 | - | 3,175 | - | -579 | ||
Accounts payable | ||||||
26,999 | - | 15,740 | - | -742 | ||
Prepaid expenses and other current assets | ||||||
- | -56 | - | 86 | - | ||
Accrued expenses and other payables | ||||||
5,215 | 85 | 1,371 | 180 | 2,100 | ||
Unrecognized tax benefits | ||||||
366 | - | 1,064 | - | 645 | ||
Advances from customers | ||||||
3,623 | - | 0 | - | 0 | ||
Deferred revenue | ||||||
-5,117 | - | -3,351 | - | 4,888 | ||
Income tax payable | ||||||
1,016 | - | 51 | - | 165 | ||
Deferred government grants | ||||||
-151 | - | -1,906 | - | -3,302 | ||
Net cash (used in) generated from operating activities | ||||||
-14,939 | -1,023 | -9,381 | -376 | 1,634 | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||||
Purchases of property and equipment | ||||||
842 | - | 494 | - | 798 | ||
Purchases of intangible assets | ||||||
7,650 | - | 5,230 | - | 5,175 | ||
Proceeds from disposal of property and equipment | ||||||
1 | - | 1 | - | 14 | ||
Loan to a third party | ||||||
0 | - | 0 | - | 1,482 | ||
Receipts of a loan to a third party | ||||||
371 | - | 457 | - | 75 | ||
Cash withdrawn from Trust Account | ||||||
- | 6,986 | - | 0 | - | ||
Investment of cash in Trust Account | ||||||
- | 459 | - | 59,800 | - | ||
Net cash used in investing activities | ||||||
-8,120 | 6,527 | -5,266 | -59,800 | -7,366 | ||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
CASH FLOWS FROM FINANCING ACTIVITIES | ||||||
Proceeds from ordinary shares | ||||||
62 | 0 | 0 | 25 | 0 | ||
Proceeds from Series E convertible redeemable preferred shares | ||||||
9,000 | - | 0 | - | 0 | ||
Cash received from the Merger | ||||||
18,034 | - | 0 | - | 0 | ||
Payment of Series E convertible redeemable preferred shares issuance costs | ||||||
312 | - | 0 | - | 0 | ||
Proceeds from short-term bank and other borrowings | ||||||
10,456 | - | 6,776 | - | 0 | ||
Repayments of short-term bank and other borrowings | ||||||
4,756 | - | 2,000 | - | 817 | ||
Proceeds from long-term bank borrowings | ||||||
2,000 | - | 6,000 | - | 999 | ||
Repayments of long-term bank borrowings | ||||||
2,631 | - | 571 | - | 47 | ||
Proceeds from exercise of warrants for Series E-1 Preferred Shares ("Series E-1 Warrants") | ||||||
8 | - | 0 | - | 0 | ||
Proceeds from sale of Units, net of underwriting discounts paid | ||||||
- | 0 | - | 48,375 | - | ||
Proceeds from sale of Private Units | ||||||
- | 0 | - | 5,318 | - | ||
Proceeds from over-allotment Units, net of underwriting discounts paid | ||||||
- | 0 | - | 7,256 | - | ||
Proceeds from advances from related party | ||||||
- | 196 | - | 93 | - | ||
Repayment of advances from related party | ||||||
- | 0 | - | 90 | - | ||
Proceeds from convertible promissory note - related party | ||||||
- | 500 | - | 0 | - | ||
Proceeds from promissory note - related party | ||||||
- | 459 | - | 0 | - | ||
Redemption of ordinary shares | ||||||
- | -6,801 | - | 0 | - | ||
Payment of offering costs | ||||||
- | 0 | - | 339 | - | ||
Proceeds from unit purchase option | ||||||
- | 0 | - | 0 | - | ||
Net cash generated from (used in) financing activities | ||||||
31,861 | -5,646 | 10,205 | 60,637 | 135 | ||
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||
648 | - | 265 | - | -34 | ||
Net increase (decrease) in cash and cash equivalents | ||||||
9,450 | -142 | -4,177 | 461 | -5,631 | ||
Supplemental disclosures of cash flow information: | ||||||
Change in value of ordinary shares subject to possible redemption | ||||||
- | -965 | - | -389 | - | ||
Initial classification of ordinary shares subject to possible redemption | ||||||
- | 0 | - | 55,544 | - | ||
Payment of offering costs through advances from related party | ||||||
- | 0 | - | 87 | - | ||
Income taxes paid | ||||||
0 | - | 554 | - | 620 | ||
Interest paid | ||||||
1,877 | - | 797 | - | 156 | ||
Interest received | ||||||
14 | - | 65 | - | 61 | ||
Supplemental schedule of non-cash activities: | ||||||
Acquisition of fixed assets included in account payable, accrued expenses and other liabilities | ||||||
52 | - | 432 | - | 462 | ||