| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net loss | ||||||||
-33,000 | -90,000 | -909,000 | -9,000 | -14,000 | 32,000 | 16,000 | 31,000 | 28,000 |
Adjustments to reconcile net loss to net cash used for operating activities: | ||||||||
Depreciation and amortization | ||||||||
40,000 | 42,000 | 32,000 | 51,000 | 30,000 | 15,000 | 17,000 | 16,000 | 16,000 |
Amortization of right-of-use assets | ||||||||
6,000 | - | - | - | 6,000 | - | - | - | - |
Gain on sale of property and equipment | ||||||||
1,000 | - | - | - | 0 | - | - | - | 0 |
Share-based compensation expense | ||||||||
9,000 | 11,000 | 10,000 | 10,000 | 15,000 | 1,000 | 2,000 | 2,000 | 2,000 |
Provision for losses on trade and other accounts receivable | ||||||||
- | - | - | - | - | - | - | - | 0 |
Benefit for deferred income taxes | ||||||||
-5,000 | 47,000 | -63,000 | -7,000 | -2,000 | -6,000 | -1,000 | 3,000 | -1,000 |
Changes in unrecognized tax benefits | ||||||||
- | - | - | - | - | - | - | - | 0 |
Amortization of debt issuance costs | ||||||||
1,000 | - | - | 2,000 | 1,000 | - | - | 0 | 0 |
Equity in earnings of affiliates | ||||||||
- | - | - | - | - | 0 | 0 | 1,000 | 0 |
Other | ||||||||
1,000 | - | - | - | 0 | - | - | - | - |
Changes in operating assets and liabilities, net of acquisitions: | ||||||||
Accounts receivable, net | ||||||||
112,000 | -38,000 | 12,000 | -7,000 | 20,000 | 0 | -29,000 | 8,000 | 34,000 |
Inventories, net | ||||||||
-44,000 | 35,000 | 44,000 | -40,000 | 19,000 | 67,000 | 12,000 | -39,000 | 2,000 |
Other assets and liabilities | ||||||||
-5,000 | 17,000 | -41,000 | 18,000 | 59,000 | -18,000 | -12,000 | 34,000 | 30,000 |
Accounts payable and accrued expenses | ||||||||
-31,000 | 72,000 | 15,000 | -25,000 | 31,000 | 103,000 | -49,000 | 30,000 | -9,000 |
Net cash used for operating activities | ||||||||
-76,000 | 70,000 | 30,000 | 34,000 | -31,000 | 96,000 | 14,000 | 78,000 | -30,000 |
Cash flows from investing activities: | ||||||||
Purchases of property and equipment | ||||||||
11,000 | 9,000 | 9,000 | 11,000 | 10,000 | 7,000 | 2,000 | 7,000 | 6,000 |
Payments related to equity investments and business acquisitions, net of cash acquired | ||||||||
0 | 0 | 1,000 | 0 | 25,000 | 0 | 3,000 | -3,000 | 8,000 |
Proceeds from sale of property and equipment | ||||||||
4,000 | - | - | -1,000 | 2,000 | - | - | 0 | 0 |
Net cash used for investing activities | ||||||||
-7,000 | -9,000 | -11,000 | -12,000 | -33,000 | -6,000 | -5,000 | -4,000 | -14,000 |
Cash flows from financing activities: | ||||||||
Proceeds from revolving credit facility | ||||||||
190,000 | - | - | - | 0 | - | - | - | - |
Proceeds from issuance of debt | ||||||||
0 | 0 | 0 | 0 | 1,220,000 | 0 | 0 | 0 | 0 |
Principal payments of debt | ||||||||
17,000 | 0 | 0 | 19,000 | 24,000 | 0 | 2,000 | -3,000 | 3,000 |
Debt issuance and amendment costs | ||||||||
5,000 | 0 | 0 | 0 | 24,000 | 0 | 0 | 0 | 0 |
Dividend paid to Former Parent | ||||||||
0 | 0 | 0 | 23,000 | 1,151,000 | 0 | 0 | 0 | 0 |
Issuance of common shares at separation (including share sale investors) | ||||||||
- | - | - | - | - | - | - | - | 0 |
Issuance of common shares in connection with the Merger | ||||||||
- | - | - | - | - | - | - | - | 0 |
Issuance of common shares in connection with options | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Net transfers from Former Parent | ||||||||
0 | 0 | 0 | 0 | 165,000 | -85,000 | 8,000 | 300,000 | 51,000 |
Distributions to non-controlling shareholders | ||||||||
- | - | - | - | - | 0 | 2,000 | 8,000 | 0 |
Acquisition payment | ||||||||
9,000 | - | - | - | 0 | - | - | - | - |
Acquisitions of non-controlling interests in subsidiaries | ||||||||
0 | 0 | 0 | 4,000 | 70,000 | 2,000 | 12,000 | 367,000 | 1,000 |
Net cash provided by financing activities | ||||||||
159,000 | 1,000 | -8,000 | -43,000 | 116,000 | -87,000 | -8,000 | -72,000 | 47,000 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
-1,000 | 0 | 2,000 | 3,000 | -2,000 | -1,000 | 0 | 0 | -1,000 |
Net change in cash and cash equivalents | ||||||||
75,000 | 62,000 | 13,000 | -18,000 | 50,000 | 2,000 | 1,000 | 2,000 | 2,000 |
Supplemental disclosures of cash flows information: | ||||||||
Interest | ||||||||
12,000 | 12,000 | 13,000 | 14,000 | 8,000 | 0 | 0 | 0 | 0 |
Income taxes | ||||||||
4,000 | 2,000 | 6,000 | 6,000 | 4,000 | 5,000 | 0 | 4,000 | 3,000 |
Amounts included in the measurement of operating lease liabilities | ||||||||
6,000 | - | - | - | 6,000 | - | - | - | - |
Right-of-use assets obtained in exchange for new operating lease liabilities | ||||||||
46,000 | - | - | - | 67,000 | - | - | - | - |