| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
Net loss | |||||||||
-49,984 | -38,945 | -25,490 | -28,208 | -19,447 | -15,474 | -13,797 | -7,031 | -516 | -174 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
- | - | - | - | - | - | - | 102 | - | - |
Loss on disposal of assets | |||||||||
-148 | -1 | 0 | 0 | - | - | - | 0 | - | - |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
5,638 | 5,049 | 2,985 | 2,635 | 2,094 | 1,190 | 841 | - | - | - |
Loss on disposal of assets | |||||||||
-39 | -4 | -0 | -2 | -1 | -257 | 0 | - | - | - |
Stock based compensation expense | |||||||||
4,063 | 4,826 | 5,345 | 5,452 | 7,592 | 2,528 | 4,381 | - | - | - |
Other than temporary impairment on investments | |||||||||
0 | 29 | 0 | 4,611 | 123 | 1,427 | 0 | - | - | - |
Stock based compensation expense | |||||||||
- | - | - | - | - | - | 83 | 1,446 | 417 | 584 |
Impairment on intangible assets | |||||||||
0 | 2,884 | 0 | 0 | - | - | - | - | - | - |
Interest income from six-month deposits with the banks | |||||||||
0 | 175 | 0 | 0 | - | - | - | - | - | - |
Interest income from pledged bank deposits | |||||||||
-500 | 0 | 0 | - | - | - | - | - | - | - |
Interest expense | |||||||||
481 | 0 | 0 | - | - | - | - | - | - | - |
Realized losses from sale of investments | |||||||||
- | - | - | - | -5 | -5 | -138 | - | - | - |
Third party services received in exchange for disposition of investment stock | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Loss recognized in excess of cash received on disposition of investment stock | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Value of stock received for services | |||||||||
- | - | - | - | - | 1,610 | 3,500 | 0 | -250 | -1,614 |
Impairment of goodwill | |||||||||
- | - | - | - | - | 3,299 | 4,258 | 0 | - | - |
Reversal of inventory provision | |||||||||
- | - | - | -115 | 123 | 0 | 0 | - | - | - |
Allowance for doubtful account | |||||||||
0 | 84 | 0 | 10 | 0 | 0 | - | - | - | - |
Decrease in fair value of accrued expenses for the acquisition of intangible assets | |||||||||
- | - | - | - | -345 | 0 | 0 | - | - | - |
Deferred tax | |||||||||
- | - | - | - | - | - | -76 | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-0 | -107 | 160 | -537 | 497 | -20 | -10 | -45 | - | - |
Other receivables | |||||||||
150 | -66 | 467 | 156 | 143 | 25 | -50 | - | - | - |
Other receivables | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Inventory | |||||||||
- | - | - | -514 | 142 | 78 | 81 | -6 | - | - |
Prepaid expenses | |||||||||
-831 | -68 | 812 | 669 | -181 | 494 | 38 | - | - | - |
Prepaid expenses | |||||||||
- | - | - | - | - | - | - | -404 | - | - |
Other current assets | |||||||||
- | - | - | - | -110 | -24 | 84 | 0 | - | - |
Investments | |||||||||
- | - | - | - | - | -7 | 0 | - | - | - |
Long-term prepaid expenses and other assets | |||||||||
1,324 | 538 | 1,005 | 643 | 384 | 504 | -134 | 0 | - | - |
Loss on the extinguishment of debt | |||||||||
- | - | - | - | - | - | - | - | -52 | 476 |
Value of investment stock exchanged for cash and services | |||||||||
- | - | - | - | - | - | - | - | 435 | 0 |
Advances receivable from related party | |||||||||
- | - | - | - | - | - | - | - | 0 | 23 |
Accounts payable | |||||||||
1,170 | 133 | -0 | -28 | -166 | 165 | 40 | -2,311 | -108 | 178 |
Accrued expenses | |||||||||
48 | 816 | -118 | 356 | 396 | 409 | -739 | 0 | 434 | 250 |
Deferred income | |||||||||
- | - | - | - | - | - | - | 0 | 41 | 131 |
Advance payable to related party | |||||||||
- | - | - | - | -30 | 0 | 0 | - | - | - |
Other current liabilities | |||||||||
-43 | 390 | 1,339 | -640 | 113 | -694 | 186 | 0 | -53 | 53 |
Taxes payable | |||||||||
- | - | - | 150 | -150 | 0 | 0 | -121 | - | - |
Taxes payable | |||||||||
-2 | 0 | 0 | 28 | -814 | -176 | -10 | - | - | - |
Other non-current liabilities | |||||||||
80 | 83 | -208 | 296 | -371 | 0 | -251 | - | - | - |
Net cash used in operating activities | |||||||||
-39,649 | -25,112 | -18,593 | -15,867 | -11,751 | -9,720 | -8,455 | -7,458 | 347 | -90 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Withdrawing six-month deposits with the banks | |||||||||
0 | 10,175 | 0 | 0 | - | - | - | - | - | - |
Putting six-month deposits with the banks | |||||||||
0 | 10,000 | 0 | 0 | - | - | - | - | - | - |
Acquisition of business, net of cash acquired | |||||||||
- | - | - | - | 1,568 | 1,485 | 0 | - | - | - |
Proceed from sale of investments, net of transaction costs | |||||||||
- | - | - | - | 1 | 0 | 0 | - | - | - |
Purchases of intangibles | |||||||||
869 | 196 | 23 | 56 | 4,260 | 8 | 5 | 1,082 | - | - |
Purchases of property, plant and equipment | |||||||||
10,674 | 6,589 | 10,169 | 2,676 | 1,874 | 311 | 147 | - | - | - |
Purchases of assets | |||||||||
- | - | - | - | - | - | - | 644 | - | - |
Net cash used in investing activities | |||||||||
-11,395 | -6,609 | -10,192 | -2,733 | -7,702 | -1,806 | -153 | -1,726 | - | - |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Net proceeds from the issuance of common stock | |||||||||
17,166 | 70,351 | 14,496 | 42,399 | 18,964 | 19,121 | 11,561 | 8,916 | - | - |
Proceeds from exercise of stock options | |||||||||
283 | 2,738 | 308 | 885 | 682 | 19 | 0 | - | - | - |
Proceeds from short-term debt | |||||||||
14,546 | 0 | 0 | - | - | - | - | - | - | - |
Interest paid | |||||||||
470 | 0 | 0 | - | - | - | - | - | 6 | 0 |
Treasury stock purchase, amount | |||||||||
-1,039 | -9,975 | -3,977 | 0 | 0 | - | - | - | - | - |
Repayment of line of credit | |||||||||
- | - | - | - | - | - | - | - | 18 | 45 |
Advance from affiliates | |||||||||
- | - | - | - | - | - | 36 | 0 | 223 | 22 |
Repayment of advance from affiliate | |||||||||
- | - | - | - | - | -31 | -1 | 0 | - | - |
Net cash provided by financing activities | |||||||||
30,486 | 63,114 | 10,826 | 43,285 | 19,647 | 19,109 | 11,596 | 8,916 | 204 | -22 |
EFFECT OF EXCHANGE RATE CHANGES ON CASH | |||||||||
190 | -147 | 275 | -316 | -79 | 12 | 41 | 0 | - | - |
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | |||||||||
-20,369 | 31,244 | -17,684 | 24,367 | 114 | 7,595 | 3,030 | -269 | 552 | -112 |
SUPPLEMENTAL CASH FLOW INFORMATION | |||||||||
Cash paid for income taxes | |||||||||
3 | 4 | 2 | 6 | 108 | 460 | 0 | - | 0 | 9 |
Acquisition of intangible assets through issuance of the Company's stock | |||||||||
- | - | - | - | 1,481 | 1,442 | 0 | - | - | - |
Acquisition of business through issuance of the Company's stock | |||||||||
- | - | - | - | - | 14,496 | 0 | - | - | - |
Issuance of company stock for accrued liabilities and advances | |||||||||
- | - | - | - | - | - | 149 | 0 | - | - |
Issuance of company stock for accrued liabilities | |||||||||
- | - | - | - | - | - | - | - | 7 | 0 |
Debt extinguished with issuance of company stock | |||||||||
- | - | - | - | - | - | - | - | 152 | 75 |