| Sep'17 | Sep'16 | Sep'15 | Sep'14 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net loss and comprehensive loss | ||||||
-47,793 | -36,703 | -28,450 | - | |||
Net loss and comprehensive loss | ||||||
- | - | - | -9,912 | |||
Adjustments to reconcile net loss to net cash used by operating activities: | ||||||
Depreciation and amortization of property and equipment | ||||||
1,102 | 1,855 | 2,015 | 2,230 | |||
Loss on disposal of equipment | ||||||
-6 | -15 | -12 | 112 | |||
Amortization of premium on modification of subordinated note | ||||||
- | - | - | 292 | |||
Change in fair value of preferred stock warrant liability | ||||||
- | - | - | 274 | |||
Change in fair value of subordinated note embedded derivative liability | ||||||
- | - | - | 7,367 | |||
Amortization of intangible assets | ||||||
690 | 659 | 622 | 547 | |||
Noncash amortized debt issue costs on long-term debt and capital leases | ||||||
374 | 208 | 167 | 331 | |||
Noncash amortized discount on long-term debt and capital leases | ||||||
16 | 21 | 23 | 128 | |||
Write off of patent costs | ||||||
153 | - | - | - | |||
Stock-based compensation expense | ||||||
3,662 | 3,435 | 2,714 | 1,629 | |||
Issuance of payment-in-kind notes in lieu of cash interest payments | ||||||
1,369 | 1,780 | 1,652 | 1,305 | |||
Interest expense on convertible and subordinated notes converted to common stock | ||||||
- | - | - | 823 | |||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
305 | -125 | 293 | 1,039 | |||
Unbilled accounts receivable | ||||||
-177 | -466 | -573 | -110 | |||
Inventories | ||||||
-124 | -478 | 310 | -1,916 | |||
Prepaid expenses and other current assets | ||||||
-359 | -26 | 75 | 255 | |||
Accounts payable | ||||||
1,384 | -1,190 | 1,440 | 700 | |||
Accrued expenses and other current liabilities | ||||||
1,615 | 180 | 83 | 753 | |||
Deferred contract revenues | ||||||
271 | 221 | -167 | -1,998 | |||
Recall liability | ||||||
-394 | -670 | -721 | -1,122 | |||
Net cash used by operating activities | ||||||
-37,190 | -29,094 | -20,715 | - | |||
Net cash used by operating activities | ||||||
- | - | - | -11,351 | |||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Purchases of property and equipment | ||||||
2,280 | 1,449 | 973 | 3,221 | |||
Proceeds from sale of equipment | ||||||
- | - | 11 | 12 | |||
Proceeds from repayment of notes receivable - related parties | ||||||
- | - | - | 100 | |||
Payments for patents and licensing rights | ||||||
903 | 878 | 776 | 584 | |||
Change in restricted cash | ||||||
-666 | 666 | - | - | |||
Net cash used by investing activities | ||||||
-2,517 | -2,993 | -1,738 | - | |||
Net cash used by investing activities | ||||||
- | - | - | -3,693 | |||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Repurchase of redeemable common stock from founders | ||||||
- | - | - | 5,225 | |||
Proceeds from issuance of long-term debt | ||||||
- | - | 10,000 | - | |||
Payments of convertible notes issuance costs | ||||||
- | 200 | 150 | - | |||
Proceeds from issuance of common stock, net of issuance costs | ||||||
56,136 | - | 48,643 | 48,459 | |||
Principal payments on long-term debt | ||||||
77 | 72 | 67 | 484 | |||
Principal payments on capital lease obligations | ||||||
73 | 825 | 765 | 1,054 | |||
Borrowings on bank line of credit | ||||||
- | - | - | 1,298 | |||
Payments on bank line of credit | ||||||
- | - | - | 5,170 | |||
Proceeds from exercise of stock options | ||||||
918 | 311 | 44 | 34 | |||
Proceeds from exercise of common stock warrants | ||||||
- | - | 1 | - | |||
Proceeds from issuance of common stock under Employee Stock Purchase Plan | ||||||
436 | 488 | 570 | - | |||
Net cash provided by financing activities | ||||||
57,340 | -298 | 58,276 | - | |||
NET INCREASE IN CASH AND CASH EQUIVALENTS | ||||||
17,633 | -32,385 | 35,823 | - | |||
Net cash provided (used) by financing activities | ||||||
- | - | - | 37,858 | |||
NET INCREASE/( DECREASE) IN CASH AND CASH EQUIVALENTS | ||||||
- | - | - | 22,814 | |||
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||||||
Cash paid for interest | ||||||
6,544 | 5,938 | 5,604 | - | |||
Cash paid for interest | ||||||
- | - | - | 4,669 | |||
Cash paid for income taxes | ||||||
4 | 3 | 2 | 2 | |||
SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||||
Property and equipment purchases included in accounts payable | ||||||
30 | 173 | 198 | 198 | |||
Decrease in equity due to premium associated with modification of subordinated debt | ||||||
- | - | - | 3,485 | |||
Conversion of convertible preferred stock to common stock | ||||||
- | - | - | -57,261 | |||
Issuance of common stock upon conversion of subordinated debt | ||||||
- | - | - | -19,237 | |||
Issuance of common stock upon conversion of convertible debt | ||||||
- | - | - | -19,369 | |||
Issuance of common stock upon net exercise of preferred stock warrants | ||||||
- | - | - | -834 | |||