| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net Income (Loss) Attributable to Parent | ||||||||
1,815 | -452 | 4,099 | -9,441 | -6,649 | -7,452 | -9,342 | -7,396 | -5,696 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||||||||
Depreciation, Depletion and Amortization | ||||||||
2,600 | 2,100 | 2,000 | 2,100 | 1,900 | 1,900 | 1,400 | 900 | 700 |
Non-cash lease expense | ||||||||
445 | - | - | - | - | - | - | - | - |
Share-based compensation expense | ||||||||
5,949 | 7,000 | 3,129 | 1,823 | 855 | 1,151 | 380 | 450 | 260 |
Amortization of debt issuance costs | ||||||||
57 | 57 | 46 | 20 | 58 | 58 | 16 | 26 | 9 |
Change in preferred and common stock warrant liabilities | ||||||||
0 | 0 | 0 | 11,744 | 759 | -133 | 994 | 130 | 129 |
Net change in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-3,746 | 5,598 | 94 | 18,194 | 3,568 | 546 | 5,711 | 1,797 | 991 |
Inventories | ||||||||
39,106 | 21,326 | 17,575 | 8,413 | 4,025 | 12,486 | 3,449 | 5,034 | 1,144 |
Prepaid expenses and other assets | ||||||||
6,255 | 484 | -253 | 2,253 | -122 | -940 | 461 | 214 | -60 |
Accounts payable | ||||||||
16,651 | -10,057 | 10,407 | 14,148 | -4,349 | 2,785 | 1,047 | 4,778 | 1,845 |
Accrued expenses and other current liabilities | ||||||||
-2,608 | -25 | 1,740 | -580 | 1,608 | 225 | 3,314 | 392 | -133 |
Operating lease liabilities | ||||||||
-479 | - | - | - | - | - | - | - | - |
Long-term liabilities | ||||||||
0 | 10 | -1 | 8 | 4 | 239 | 0 | -1 | 40 |
Net cash used in operating activities | ||||||||
-17,202 | -28,656 | 4,027 | -9,086 | -13,280 | -13,344 | -11,710 | -7,779 | -4,888 |
Cash flows from investing activities: | ||||||||
Purchases of property, plant and equipment | ||||||||
12,398 | 14,280 | 2,013 | 3,707 | 3,795 | 3,978 | 8,277 | 6,254 | 3,719 |
Proceeds from sale of fixed assets | ||||||||
0 | -307 | 75 | 100 | 132 | -37 | 104 | 0 | 0 |
Purchases of property, plant and equipment held for sale | ||||||||
964 | -5,280 | 4,282 | 2,292 | 829 | 1,022 | 0 | 0 | 0 |
Payment of security deposits | ||||||||
0 | 3 | 55 | -14 | 501 | 0 | -1 | 47 | 13 |
Net cash used in investing activities | ||||||||
-13,362 | -9,011 | -6,275 | -5,885 | -4,993 | -5,037 | -8,172 | -6,301 | -3,732 |
Cash flows from financing activities: | ||||||||
Principal payments under finance lease obligations | ||||||||
16 | 24 | 10 | 12 | 9 | 10 | 26 | 58 | 59 |
Proceeds from preferred stock offering, net of offering costs | ||||||||
- | - | - | - | - | - | -3 | 121 | 1,229 |
Repayments on revolving credit line | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 2,500 |
Repayment on term loan | ||||||||
- | - | - | - | - | 0 | 0 | 875 | 125 |
Proceeds from exercise of stock options | ||||||||
1,014 | 1,771 | 365 | 167 | 366 | 241 | 257 | 784 | 87 |
Payments of minimum withholding taxes on net share settlement of equity awards | ||||||||
12 | - | - | - | 0 | - | - | - | - |
Payments of deferred offering costs | ||||||||
0 | - | - | - | 946 | - | - | - | 0 |
Net cash provided by (used in) financing activities | ||||||||
986 | 1,204 | 37,712 | 256,549 | -589 | 22,872 | 46,173 | 8,522 | -1,368 |
Net decrease in cash and cash equivalents | ||||||||
-29,578 | -36,463 | 35,464 | 241,578 | -18,862 | 4,491 | 26,291 | -5,558 | -9,988 |
Supplemental disclosures of cash flow information: | ||||||||
Cash paid during the period for: | ||||||||
Interest | ||||||||
682 | 758 | 816 | 730 | 715 | 568 | 293 | 25 | 38 |
Non-cash investing and financing activities: | ||||||||
Non-cash additions to property, plant and equipment | ||||||||
5,907 | 138 | 277 | 414 | 589 | 416 | -926 | 430 | 1,226 |
Offering costs, accrued not yet paid | ||||||||
0 | -487 | -91 | 509 | 69 | -556 | 1,237 | 64 | 0 |
Non-cash additions to property, plant and equipment held for sale | ||||||||
156 | - | 373 | 646 | 0 | - | - | - | - |
Operating lease right-of-use assets obtained in exchange for lease liabilities | ||||||||
981 | - | - | - | - | - | - | - | - |