| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||
Net Income (Loss) Attributable to Parent | |||||||||||
-15,969 | 3,105 | -33,041 | 9,608 | -6,724 | -3,406 | -14,095 | 1,020 | 955 | -605 | -167 | -5 |
Adjustments to reconcile net (loss) income to net cash from operating activities: | |||||||||||
Depreciation | |||||||||||
20,377 | - | - | - | 16,996 | - | - | - | - | - | - | - |
Amortization - intangibles | |||||||||||
691 | - | - | - | 724 | - | - | - | - | - | - | - |
Amortization - financing costs | |||||||||||
711 | - | - | - | 677 | - | - | - | - | - | - | - |
Provision for losses on accounts receivable | |||||||||||
777 | - | - | - | 692 | - | - | - | - | - | - | - |
Share-based payments | |||||||||||
559 | - | - | - | 128 | - | - | - | - | - | - | - |
Gain on sale of rental equipment and parts | |||||||||||
2,213 | - | - | - | 1,977 | - | - | - | - | - | - | - |
Gain on insurance proceeds - damaged equipment | |||||||||||
120 | - | - | - | 452 | - | - | - | - | - | - | - |
Cost, Major Repair Disposal | |||||||||||
700 | - | - | - | 800 | - | - | - | - | - | - | - |
Change in fair value of derivative | |||||||||||
-5,963 | - | - | - | 0 | - | - | - | - | - | - | - |
Deferred tax (benefit) expense | |||||||||||
652 | - | - | - | 271 | - | - | - | - | - | - | - |
Interest income | |||||||||||
- | - | - | - | - | - | - | 1,513 | 1,367 | - | - | 0 |
Unrealized gain on marketable securities held in Trust Account | |||||||||||
- | - | - | - | - | - | - | - | 1 | - | 0 | 0 |
Changes in assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
-1,207 | - | - | - | -1,823 | - | - | - | - | - | - | - |
Inventory | |||||||||||
-176 | - | - | - | 4,299 | - | - | - | - | - | - | - |
Prepaid expenses and other | |||||||||||
34 | 367 | 2,202 | -3,404 | 3,413 | -1,178 | 870 | -85 | 42 | -57 | 164 | 0 |
Accounts payable | |||||||||||
-3,352 | - | - | - | 10,297 | - | - | - | - | - | - | - |
Accrued expenses and other liabilities | |||||||||||
-12,427 | - | - | - | -8,163 | - | - | - | - | - | - | - |
Unearned income | |||||||||||
-517 | - | - | - | -3,437 | - | - | - | - | - | - | - |
Accounts payable and accrued expenses | |||||||||||
- | - | - | - | - | - | - | 55 | -51 | 106 | 69 | 0 |
Net cash flow from operating activities | |||||||||||
-2,819 | 18,078 | 2,048 | -5,239 | 3,905 | 35,362 | 6,535 | -350 | -506 | - | - | - |
Investing Activities | |||||||||||
Purchase of equipment - rental fleet | |||||||||||
33,347 | - | - | - | 13,704 | - | - | - | - | - | - | - |
Proceeds from sale of rental equipment and parts | |||||||||||
9,960 | - | - | - | 7,628 | - | - | - | - | - | - | - |
Insurance proceeds from damaged equipment | |||||||||||
365 | - | - | - | 797 | - | - | - | - | - | - | - |
Purchase of other property and equipment | |||||||||||
4,168 | - | - | - | 1,656 | - | - | - | - | - | - | - |
Net cash used in operating activities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | -5 |
Cash withdrawn from the Trust Account | |||||||||||
- | - | - | - | - | - | - | 0 | 750 | - | 0 | 0 |
Net cash flow from investing activities | |||||||||||
-27,190 | - | - | - | -6,935 | -20,785 | -7,403 | 0 | 750 | - | - | - |
Financing Activities | |||||||||||
Borrowings under revolving credit facilities | |||||||||||
35,680 | - | - | - | 15,000 | - | - | - | - | - | - | - |
Repayments under revolving credit facilities | |||||||||||
0 | - | - | - | 9,000 | - | - | - | - | - | - | - |
Repayments of notes payable | |||||||||||
0 | - | - | - | 183 | - | - | - | - | - | - | - |
Capital lease payments | |||||||||||
1,737 | - | - | - | 1,166 | - | - | - | - | - | - | - |
Finance fees paid | |||||||||||
0 | - | - | - | 20 | - | - | - | - | - | - | - |
Net cash provided by investing activities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 0 |
Proceeds from issuance of Class B ordinary shares to initial shareholders | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 25 |
Proceeds from note payable to shareholder | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 250 |
Advances from related party | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 0 | 5 |
Finance fees paid | |||||||||||
- | - | - | - | - | - | - | - | - | 0 | 525 | 40 |
Net cash flow from financing activities | |||||||||||
33,943 | 55,442 | 58,657 | -3,721 | 4,671 | - | - | - | - | - | - | - |
Net Change in Cash | |||||||||||
3,934 | - | - | - | 1,641 | - | - | - | - | - | - | - |
Supplemental Cash Flow Information | |||||||||||
Cash paid for interest | |||||||||||
24,977 | - | - | - | 23,570 | - | - | - | - | - | - | - |
Cash paid for income taxes | |||||||||||
76 | - | - | - | 136 | - | - | - | - | - | - | - |
Net cash provided by financing activities | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 240 |
Net Change in Cash | |||||||||||
- | - | - | - | - | - | - | -350 | 243 | -446 | 713 | 234 |
Non-Cash Investing and Financing Activities | |||||||||||
Transfer of parts inventory to leased equipment | |||||||||||
2,087 | - | - | - | 1,470 | - | - | - | - | - | - | - |
Rental equipment and property and equipment purchases in accounts payable | |||||||||||
11,861 | - | - | - | 20,868 | - | - | - | - | - | - | - |
Rental equipment sales in accounts receivable | |||||||||||
5,627 | - | - | - | 3,050 | - | - | - | - | - | - | - |
Insurance recoveries accrued in accounts receivable | |||||||||||
0 | - | - | - | 424 | - | - | - | - | - | - | - |
Change in value of common stock subject to possible redemption | |||||||||||
- | - | - | - | - | - | - | 1,020 | 955 | - | - | - |
Change in value of ordinary shares subject to redemption | |||||||||||
- | - | - | - | - | - | - | - | - | -605 | -162 | 0 |
Offering costs included in accrued offering costs | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 37 |