| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-1,022,000 | 107,000 | 92,000 | ||||
Adjustments to reconcile net loss to net cash used for operating activities: | ||||||
Depreciation and amortization | ||||||
155,000 | 64,000 | 59,000 | ||||
Amortization of right-of-use assets | ||||||
21,000 | 0 | 0 | ||||
Goodwill, Impairment Loss | ||||||
938,000 | 0 | 0 | ||||
Share-based compensation expense | ||||||
46,000 | 7,000 | 7,000 | ||||
Benefit for deferred income taxes | ||||||
-25,000 | -5,000 | 6,000 | ||||
Amortization of debt issuance costs | ||||||
5,000 | 0 | 0 | ||||
Equity in earnings of affiliates | ||||||
0 | 1,000 | 1,000 | ||||
Other | ||||||
10,000 | 0 | 0 | ||||
Changes in operating assets and liabilities, net of acquisitions: | ||||||
Accounts receivable, net | ||||||
-13,000 | 13,000 | 33,000 | ||||
Inventories, net | ||||||
58,000 | 42,000 | 23,000 | ||||
Other assets and liabilities | ||||||
53,000 | 34,000 | 5,000 | ||||
Accounts payable and accrued expenses | ||||||
93,000 | 75,000 | 6,000 | ||||
Net cash used for operating activities | ||||||
103,000 | 158,000 | 108,000 | ||||
Cash flows from investing activities: | ||||||
Purchases of property and equipment | ||||||
39,000 | 22,000 | 21,000 | ||||
Payments related to equity investments and business acquisitions, net of cash acquired | ||||||
26,000 | 8,000 | 109,000 | ||||
Proceeds from sale of property and equipment | ||||||
0 | 1,000 | 1,000 | ||||
Net cash used for investing activities | ||||||
-65,000 | -29,000 | -129,000 | ||||
Cash flows from financing activities: | ||||||
Proceeds from issuance of debt | ||||||
1,220,000 | 0 | 0 | ||||
Principal payments of debt | ||||||
43,000 | 2,000 | 0 | ||||
Debt issuance and amendment costs | ||||||
24,000 | 0 | 0 | ||||
Dividend paid to Former Parent | ||||||
1,174,000 | 0 | 0 | ||||
Issuance of common shares in connection with share-based compensation plans | ||||||
5,000 | 0 | 0 | ||||
Net transfers from Former Parent | ||||||
165,000 | 274,000 | 62,000 | ||||
Distributions to non-controlling shareholders | ||||||
0 | 10,000 | 20,000 | ||||
Acquisition payment | ||||||
9,000 | 0 | 0 | ||||
Acquisitions of non-controlling interests in subsidiaries | ||||||
74,000 | 382,000 | 26,000 | ||||
Net cash provided by financing activities | ||||||
66,000 | -120,000 | 16,000 | ||||
Effect of exchange rate changes on cash and cash equivalents | ||||||
3,000 | -2,000 | 2,000 | ||||
Net change in cash and cash equivalents | ||||||
107,000 | 7,000 | -3,000 | ||||
Supplemental disclosures of cash flows information: | ||||||
Interest | ||||||
47,000 | 0 | 0 | ||||
Income taxes | ||||||
18,000 | 12,000 | 8,000 | ||||