| 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 | ||||||||
-1,041,000 | -1,022,000 | -900,000 | 25,000 | 65,000 | 107,000 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash used for operating activities: | ||||||||
Depreciation and amortization | ||||||||
165,000 | 155,000 | 128,000 | 113,000 | 78,000 | 64,000 | 0 | 0 | 0 |
Amortization of right-of-use assets | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Gain on sale of property and equipment | ||||||||
0 | - | - | - | 0 | - | - | - | 0 |
Share-based compensation expense | ||||||||
40,000 | 46,000 | 36,000 | 28,000 | 20,000 | 7,000 | 0 | 0 | 0 |
Provision for losses on trade and other accounts receivable | ||||||||
- | - | - | - | - | - | - | - | 0 |
Benefit for deferred income taxes | ||||||||
-28,000 | -25,000 | -78,000 | -16,000 | -6,000 | -5,000 | 0 | 0 | 0 |
Changes in unrecognized tax benefits | ||||||||
- | - | - | - | - | - | - | - | 0 |
Amortization of debt issuance costs | ||||||||
0 | - | - | 0 | 0 | - | - | 0 | 0 |
Equity in earnings of affiliates | ||||||||
- | - | - | - | - | 1,000 | 0 | 0 | 0 |
Other | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Changes in operating assets and liabilities, net of acquisitions: | ||||||||
Accounts receivable, net | ||||||||
79,000 | -13,000 | 25,000 | -16,000 | -1,000 | 13,000 | 0 | 0 | 0 |
Inventories, net | ||||||||
-5,000 | 58,000 | 90,000 | 58,000 | 59,000 | 42,000 | 0 | 0 | 0 |
Other assets and liabilities | ||||||||
-11,000 | 53,000 | 18,000 | 47,000 | 63,000 | 34,000 | 0 | 0 | 0 |
Accounts payable and accrued expenses | ||||||||
31,000 | 93,000 | 124,000 | 60,000 | 115,000 | 75,000 | 0 | 0 | 0 |
Net cash used for operating activities | ||||||||
58,000 | 103,000 | 129,000 | 113,000 | 157,000 | 158,000 | 0 | 0 | 0 |
Cash flows from investing activities: | ||||||||
Purchases of property and equipment | ||||||||
40,000 | 39,000 | 37,000 | 30,000 | 26,000 | 22,000 | 0 | 0 | 0 |
Payments related to equity investments and business acquisitions, net of cash acquired | ||||||||
1,000 | 26,000 | 26,000 | 28,000 | 25,000 | 8,000 | 0 | 0 | 0 |
Proceeds from sale of property and equipment | ||||||||
0 | - | - | 0 | 0 | - | - | 0 | 0 |
Net cash used for investing activities | ||||||||
-39,000 | -65,000 | -62,000 | -56,000 | -48,000 | -29,000 | 0 | 0 | 0 |
Cash flows from financing activities: | ||||||||
Proceeds from revolving credit facility | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Proceeds from issuance of debt | ||||||||
0 | 1,220,000 | 1,220,000 | 1,220,000 | 1,220,000 | 0 | 0 | 0 | 0 |
Principal payments of debt | ||||||||
36,000 | 43,000 | 43,000 | 45,000 | 23,000 | 2,000 | 0 | 0 | 0 |
Debt issuance and amendment costs | ||||||||
5,000 | 24,000 | 24,000 | 24,000 | 24,000 | 0 | 0 | 0 | 0 |
Dividend paid to Former Parent | ||||||||
23,000 | 1,174,000 | 1,174,000 | 1,174,000 | 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 | 165,000 | 80,000 | 88,000 | 388,000 | 274,000 | 0 | 0 | 0 |
Distributions to non-controlling shareholders | ||||||||
- | - | - | - | - | 10,000 | 0 | 0 | 0 |
Acquisition payment | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Acquisitions of non-controlling interests in subsidiaries | ||||||||
4,000 | 74,000 | 76,000 | 88,000 | 451,000 | 382,000 | 0 | 0 | 0 |
Net cash provided by financing activities | ||||||||
109,000 | 66,000 | -22,000 | -22,000 | -51,000 | -120,000 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
4,000 | 3,000 | 2,000 | 0 | -3,000 | -2,000 | 0 | 0 | 0 |
Net change in cash and cash equivalents | ||||||||
132,000 | 107,000 | 47,000 | 35,000 | 55,000 | 7,000 | 0 | 0 | 0 |
Supplemental disclosures of cash flows information: | ||||||||
Interest | ||||||||
51,000 | 47,000 | 35,000 | 22,000 | 8,000 | 0 | 0 | 0 | 0 |
Income taxes | ||||||||
18,000 | 18,000 | 21,000 | 15,000 | 13,000 | 12,000 | 0 | 0 | 0 |
Amounts included in the measurement of operating lease liabilities | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Right-of-use assets obtained in exchange for new operating lease liabilities | ||||||||
0 | - | - | - | 0 | - | - | - | - |