| Mar'19 | Mar'18 | Mar'17 | Mar'16 | Mar'15 | Mar'14 | Mar'13 | Mar'12 | Mar'11 | Mar'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities: | |||||||||
Net loss | |||||||||
-16,659 | -10,026 | -25,244 | - | - | - | - | - | - | - |
Net loss | |||||||||
- | - | - | -25,191 | - | - | - | - | - | - |
Net loss | |||||||||
- | - | - | - | -31,533 | -16,256 | -22,563 | -18,764 | -38,470 | -67,241 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
1,261 | 1,170 | 1,577 | 1,746 | 1,697 | 2,323 | 2,820 | 3,404 | 3,823 | 3,496 |
Amortization of financing costs and discounts | |||||||||
311 | 202 | 173 | 172 | 196 | 223 | 148 | 169 | 193 | 83 |
Reduction in accounts receivable allowances | |||||||||
345 | 1,099 | 1,525 | - | - | - | - | - | - | - |
Interest expense on second funding liability | |||||||||
- | - | - | - | - | - | - | - | 55 | 35 |
(Reduction) in accounts receivable allowances | |||||||||
- | - | - | -1,459 | 10,138 | 242 | 276 | 2,256 | 231 | 172 |
Inventory provision | |||||||||
778 | 1,420 | 1,278 | 1,925 | 2,810 | 1,509 | 1,307 | 1,525 | 1,123 | 1,238 |
Provision for warranty expenses | |||||||||
2,201 | 942 | 7,052 | 111 | 3,463 | 3,903 | 5,129 | 4,227 | 2,089 | 1,336 |
(Gain) loss on disposal of equipment | |||||||||
-2 | -210 | -365 | -27 | 96 | -225 | -41 | -3 | -213 | -30 |
Stock-based compensation | |||||||||
907 | 586 | 810 | 2,570 | 2,236 | 2,147 | 1,601 | 1,652 | 2,418 | 4,626 |
Change in warrant valuation | |||||||||
- | 741 | 421 | - | - | -10 | - | - | - | - |
Warrant issuance expenses | |||||||||
- | - | 421 | - | - | - | - | - | - | - |
Change in fair value of warrant liability | |||||||||
- | - | - | - | - | - | -781 | -13,983 | 3,667 | 22,853 |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-91 | -3,222 | 1,903 | -1,021 | -4,761 | 10,320 | -359 | 1,503 | 1,096 | 7,765 |
Inventories | |||||||||
5,850 | 2,595 | -1,491 | -5,161 | 7,125 | 784 | 2,878 | 998 | -1,764 | -6,069 |
Prepaid expenses, other current assets and other assets | |||||||||
3,813 | -10 | 117 | -314 | 1,075 | -470 | -587 | 220 | 910 | -348 |
Accounts payable and accrued expenses | |||||||||
3,048 | -866 | 1,405 | -8,317 | - | - | - | - | - | - |
Accounts payable and accrued expenses | |||||||||
- | - | - | - | -5,960 | 4,475 | 1,221 | 2,660 | 4,966 | 4,134 |
Accrued salaries and wages and long term liabilities | |||||||||
-6 | 9 | -87 | -210 | 321 | 90 | -107 | 106 | -151 | -335 |
Accrued warranty reserve | |||||||||
-1,269 | -3,026 | -4,925 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
1,640 | 459 | - | - | - | - | - | - | - | - |
Accrued warranty reserve | |||||||||
- | - | - | 1,655 | - | - | - | - | - | - |
Accrued warranty reserve | |||||||||
- | - | - | - | 3,245 | 3,237 | 4,324 | 3,814 | 2,044 | 2,644 |
Deferred revenue | |||||||||
- | - | 683 | 1,317 | 394 | -432 | 94 | 1,842 | 230 | -248 |
Net cash used in operating activities | |||||||||
-17,703 | -8,641 | -18,546 | - | - | - | - | - | - | - |
Other current liabilities | |||||||||
- | - | - | - | - | - | - | - | - | -815 |
Net cash used in operating activities | |||||||||
- | - | - | -22,468 | -23,018 | -15,432 | -17,070 | -21,438 | -21,899 | -34,628 |
Cash Flows from Investing Activities: | |||||||||
Expenditures for property, equipment and rental assets | |||||||||
3,360 | 1,752 | 204 | 1,513 | 1,606 | 1,179 | - | - | - | - |
Changes in restricted cash | |||||||||
- | - | - | - | - | - | - | -1,250 | 1,250 | - |
Net cash used in investing activities | |||||||||
-3,360 | -1,752 | -204 | - | - | - | - | - | - | - |
Expenditures for property and equipment | |||||||||
- | - | - | - | - | - | 1,213 | 1,419 | 1,047 | 2,002 |
Net cash used in investing activities | |||||||||
- | - | - | -1,513 | -1,606 | -1,179 | -1,213 | -169 | -2,297 | -2,002 |
Cash Flows from Financing Activities: | |||||||||
Net proceeds from revolving credit facility | |||||||||
-8,527 | -3,006 | 2,074 | -3,494 | -275 | -248 | 3,045 | 3,351 | - | - |
Net proceeds from term note payable | |||||||||
29,262 | - | - | - | - | - | - | - | - | - |
Net (repayment of) proceeds from revolving credit facility | |||||||||
- | - | - | - | - | - | - | - | -491 | 3,917 |
Payment of deferred financing costs | |||||||||
- | - | - | - | - | - | - | - | - | 186 |
Repayment of notes payable and lease obligations | |||||||||
337 | 457 | 497 | 697 | 647 | 415 | 128 | 499 | 448 | 80 |
Cash used in employee stock-based transactions | |||||||||
114 | 22 | 16 | 91 | -136 | -362 | - | - | - | - |
Net proceeds from issuance of common stock and warrants | |||||||||
11,098 | 13,581 | 20,188 | 12,748 | - | - | - | 23,146 | - | 54,089 |
Net increase (decrease) in Cash and Cash Equivalents | |||||||||
- | - | - | - | 4,362 | -10,958 | -11,135 | 16,496 | -13,814 | 27,751 |
Net cash provided by financing activities | |||||||||
31,382 | 10,096 | 21,749 | - | - | - | - | - | - | - |
Net proceeds from (cash used in) employee stock-based transactions | |||||||||
- | - | - | - | - | - | -19 | 702 | 39 | 138 |
Net proceeds from equity issuances | |||||||||
- | - | - | - | 29,772 | 5,954 | 4,250 | 11,403 | 11,282 | 6,503 |
Net cash provided by financing activities | |||||||||
- | - | - | 8,466 | 28,986 | 5,653 | 7,148 | 38,103 | 10,382 | 64,381 |
Net increase (decrease) in Cash, Cash Equivalents and Restricted Cash | |||||||||
10,319 | -297 | 2,999 | -15,515 | - | - | - | - | - | - |
Supplemental Disclosures of Cash Flow Information: | |||||||||
Cash paid during the period for: Interest | |||||||||
453 | 414 | 363 | - | - | - | - | - | - | - |
Interest | |||||||||
- | - | - | 473 | 354 | 506 | 588 | 672 | 624 | 540 |
Cash paid during the period for: Income taxes | |||||||||
6 | 30 | 24 | 24 | 129 | 246 | 635 | 204 | - | 80 |
Cash received during the period for income tax refund | |||||||||
- | - | - | - | - | - | - | 127 | 222 | 381 |
Supplemental Disclosures of Non-Cash Information: | |||||||||
Acquisition of property and equipment through accounts payable | |||||||||
- | - | 45 | 28 | 154 | 7 | 26 | 187 | 78 | 91 |
Issuance of common stock for Calnetix Power Solutions acquisition (in shares) | |||||||||
- | - | - | - | - | - | - | - | 3,131 | 1,550 |
Renewal of insurance contracts which was financed by notes payable | |||||||||
- | 422 | 503 | 477 | 447 | 491 | 476 | 635 | 443 | 0 |
Acquisition of property and equipment in consideration for the issuance of a note payable | |||||||||
- | - | - | 101 | 418 | 158 | 306 | 0 | 0 | 117 |
Capital expenditure funded by capital lease borrowings | |||||||||
- | - | - | - | - | - | - | - | - | 224 |