| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net loss | |||||||||
-5,822 | -4,371 | -5,028 | -5,094 | -1,317 | -20,845 | -3,962 | 27,834 | 2,343 | 7,669 |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
8,331 | 8,397 | 8,602 | 7,928 | - | - | - | - | - | - |
Unrealized gain on notes receivable, tribal governments | |||||||||
- | - | - | - | - | - | - | - | - | -2 |
Gain on disposal of fixed assets | |||||||||
- | - | - | - | - | - | - | - | - | 6 |
Depreciation | |||||||||
- | - | - | - | 6,387 | 7,044 | 6,839 | 5,270 | 4,205 | 1,049 |
Amortization of gaming and other rights | |||||||||
- | - | - | - | - | - | - | 593 | 2,372 | - |
Loss on derivative | |||||||||
- | - | - | - | - | - | - | - | -513 | - |
Amortization of debt issuance and warrant costs | |||||||||
1,092 | 790 | 882 | 1,088 | 1,615 | 1,500 | 1,831 | 2,395 | 838 | - |
Tribal advance collection allowance reduction | |||||||||
- | - | - | - | 500 | 0 | - | - | - | - |
Gaming license impairment | |||||||||
- | - | - | - | - | 9,900 | - | - | - | - |
Equity in net income of unconsolidated investee | |||||||||
- | - | - | - | - | - | - | - | 1,754 | 3,181 |
Distributions from unconsolidated investee | |||||||||
- | - | - | - | - | - | - | - | 1,946 | 3,096 |
Non-controlling interest in consolidated joint venture | |||||||||
- | - | - | - | - | - | - | 2,181 | 10,247 | 10,192 |
Gain on sale of joint venture | |||||||||
- | - | - | - | - | - | - | 41,189 | - | - |
Amortization of gaming and other rights | |||||||||
- | - | - | - | - | - | - | - | - | 2,372 |
Nambe notes receivable impairment loss adjustment | |||||||||
- | - | - | - | - | - | - | - | 420 | - |
Impairments | |||||||||
- | - | - | - | - | 1,647 | 4,000 | - | 4,500 | - |
Other | |||||||||
- | - | - | - | - | - | - | 90 | 57 | - |
Stock-based compensation | |||||||||
348 | 632 | 525 | 409 | 343 | 528 | 643 | - | - | - |
Amortization of customer loyalty programs, land lease and water rights | |||||||||
- | - | - | - | 1,506 | 2,139 | 2,550 | -1,021 | -425 | - |
Change in fair value of stock warrants | |||||||||
1,230 | -1,671 | 1,379 | 543 | 0 | - | - | - | - | - |
Change in fair value of interest rate cap | |||||||||
-92 | -146 | - | - | - | - | - | - | - | - |
Loss on extinguishment of debt | |||||||||
0 | -2,673 | 0 | - | - | - | - | - | - | - |
Gain on disposal of assets | |||||||||
-8 | -79 | - | -567 | -3 | -372 | -24 | - | - | - |
Loss (gain) on disposal of assets and other | |||||||||
- | - | 1 | - | - | - | - | - | - | - |
Deferred and share-based compensation | |||||||||
- | - | - | - | - | - | - | 1,259 | 748 | 34 |
Increases and decreases in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
171 | 275 | -149 | 445 | -193 | -296 | -788 | -2,840 | 702 | 1,390 |
Income tax and other receivables | |||||||||
- | - | - | - | -3,011 | 1,125 | 1,970 | - | - | - |
Prepaid expenses, inventories and other | |||||||||
678 | -217 | 403 | 5 | 1,008 | -2,283 | -1,426 | 1,460 | 785 | 424 |
Deposits and other current assets | |||||||||
- | - | - | - | - | - | - | - | - | 16 |
Other assets | |||||||||
- | - | - | - | - | - | - | 442 | -52 | -158 |
Deferred taxes | |||||||||
-80 | -476 | 150 | -631 | -350 | -2,068 | -1,977 | 1,724 | 1,295 | -34 |
Deferred revenue | |||||||||
5,985 | 0 | - | - | - | - | - | - | - | - |
Other assets and deposits | |||||||||
- | - | - | - | - | - | -499 | - | - | - |
Accounts payable and accrued expenses | |||||||||
-26 | 2,731 | 1,188 | 2,298 | -3,074 | 1,754 | -2,359 | -567 | 2,962 | 10 |
Deferred tax liability | |||||||||
- | - | - | - | - | - | - | - | 2,110 | 354 |
Net cash used in operating activities | |||||||||
10,469 | 9,824 | 7,143 | - | - | - | - | - | 27,007 | 18,066 |
Acquisition of Bronco Billy's, net of cash acquired | |||||||||
- | - | - | 28,369 | 0 | - | - | - | - | - |
Proceeds from sale of joint venture, less holdback | |||||||||
- | - | - | - | - | - | - | 49,658 | - | - |
Income taxes payable | |||||||||
- | - | - | - | - | - | -7 | -2,402 | 2,025 | -1,889 |
Net cash provided by operating activities | |||||||||
- | - | - | 7,920 | 7,509 | 7,561 | 12,279 | -4,301 | - | - |
Cash flows from investing activities: | |||||||||
Proceeds from repayment of tribal advances | |||||||||
- | - | - | - | - | - | - | - | - | 5,000 |
Purchase of property and equipment | |||||||||
8,088 | 17,051 | 11,070 | 3,496 | 11,354 | 9,567 | 6,162 | 2,986 | 3,234 | 360 |
Proceeds from sale of fixed assets | |||||||||
- | - | - | - | 0 | - | - | - | 10 | 1 |
Restricted cash | |||||||||
- | - | - | -569 | 569 | 0 | 333 | - | - | - |
Proceeds from repayment of tribal advance | |||||||||
- | - | - | 250 | 250 | 0 | - | - | - | - |
Deposits and other related costs | |||||||||
- | - | - | - | - | - | - | 1,286 | - | - |
Rising Star deposits and other capitalized acquisition costs | |||||||||
- | - | - | - | - | - | - | - | 19,514 | 5,122 |
Grand Lodge acquisition | |||||||||
- | - | - | - | - | - | - | - | 75 | - |
Trademark | |||||||||
- | - | - | - | - | - | - | - | 17 | - |
Other | |||||||||
582 | 379 | 141 | -2,536 | 3,129 | -643 | -29 | 115 | 45 | 15 |
Repayment of long-term debt and interest rate swap | |||||||||
- | - | - | - | - | - | - | 28,187 | - | - |
Net cash used in investing activities | |||||||||
-8,670 | -17,430 | -11,211 | - | - | - | - | - | -22,725 | -496 |
Net cash used in investing activities | |||||||||
- | - | - | -28,510 | -14,802 | -8,924 | -6,466 | 45,271 | - | - |
Cash flows from financing activities: | |||||||||
Deferred financing costs | |||||||||
- | - | - | 1,466 | 391 | 266 | 230 | - | - | - |
Repayment of First and Second Lien Term Loans | |||||||||
0 | 96,063 | 2,249 | - | - | - | - | - | - | - |
Prepayment premium of Second Lien Term Loan | |||||||||
0 | 1,100 | 0 | - | - | - | - | - | - | - |
Proceeds from Senior Secured Notes borrowings | |||||||||
10,000 | 100,000 | 0 | - | - | - | - | - | - | - |
Payment of debt discount and issuance costs | |||||||||
1,188 | 4,105 | 429 | - | - | - | - | - | - | 1,965 |
Payment of Interest Rate Cap premium | |||||||||
0 | 238 | 0 | - | - | - | - | - | - | - |
Repayment of Senior Secured Notes | |||||||||
1,075 | 1,000 | 0 | - | - | - | - | - | - | - |
Repayment of finance lease obligation | |||||||||
544 | - | - | - | - | - | - | - | - | - |
First Term Loan repayments | |||||||||
- | - | - | -2,688 | 8,869 | - | - | - | - | - |
Revolving Loan repayments | |||||||||
- | - | - | -2,000 | -1,500 | - | - | - | - | - |
Second Term Loan borrowings | |||||||||
- | - | - | 35,000 | 0 | - | - | - | - | - |
Repayment of finance lease obligation | |||||||||
- | 460 | 455 | 433 | 750 | 799 | - | - | - | - |
Proceeds from equity offering | |||||||||
0 | 11,435 | - | - | - | - | - | - | - | - |
Proceeds from equity offering | |||||||||
- | - | 0 | - | - | - | - | - | - | - |
Proceeds from issuance of common stock, net of issuance costs | |||||||||
- | - | - | 4,641 | 0 | - | - | - | - | - |
Proceeds from exercise of stock options | |||||||||
119 | 0 | 73 | 0 | - | - | - | - | - | - |
First Term Loan borrowings | |||||||||
- | - | - | - | - | 1,131 | - | - | - | - |
First Term Loan repayments | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Revolving Loan repayments, net | |||||||||
- | - | - | - | - | 2,000 | - | - | - | - |
Repayment of capital lease obligation | |||||||||
- | - | - | - | - | - | 11,250 | - | - | - |
Other | |||||||||
106 | -139 | 0 | - | - | - | - | - | -36 | - |
Repayment of long-term debt and swap | |||||||||
- | - | - | - | - | - | - | - | 6,600 | - |
Repayment of long-term debt | |||||||||
- | - | - | - | - | - | - | - | - | 1,450 |
Distributions to non-controlling interest in consolidated joint venture | |||||||||
- | - | - | - | - | - | - | 3,323 | 10,688 | 10,058 |
Proceeds from borrowings | |||||||||
- | - | - | - | - | - | - | - | 15,104 | - |
Loan fees | |||||||||
- | - | - | - | - | - | - | 3,564 | 649 | - |
Net cash (used in) provided by financing activities | |||||||||
- | - | - | 33,054 | 6,228 | 2,066 | -11,480 | -35,074 | - | - |
Net cash used in financing activities | |||||||||
7,418 | 8,330 | -3,060 | - | - | - | - | - | -2,869 | -13,473 |
Net decrease in cash, cash equivalents and restricted cash | |||||||||
9,217 | 724 | - | - | - | - | - | - | - | - |
Net increase (decrease) in cash and equivalents | |||||||||
- | - | -7,128 | 12,464 | -1,065 | 703 | -5,667 | 5,896 | 1,413 | 4,096 |
SUPPLEMENTAL CASH FLOW INFORMATION: | |||||||||
Cash paid for interest | |||||||||
- | - | - | - | - | - | - | 1,877 | 2,010 | - |
Cash paid for interest, net of amounts capitalized | |||||||||
9,316 | 9,368 | 9,909 | 8,187 | 4,846 | 4,577 | 5,516 | - | - | - |
Cash received from income tax refunds, net | |||||||||
- | - | - | - | 3,958 | 2,370 | -2,409 | 21,876 | - | - |
NON-CASH INVESTING ACTIVITIES: | |||||||||
Accrued capital expenditures | |||||||||
- | - | - | 1,367 | 604 | 2,292 | 609 | - | - | - |
Accounts payable related capital expenditures | |||||||||
515 | 328 | 1,435 | - | - | - | - | - | - | - |
Issuance of common stock warrants | |||||||||
- | - | - | 574 | 0 | - | - | - | - | - |
Property acquisition financed with a capital lease | |||||||||
- | - | - | - | - | - | 7,719 | - | - | - |
Borrowings paid directly to sellers and vendors at closing | |||||||||
- | - | - | - | - | - | - | 70,000 | - | - |
Property acquisition financed with a capital lease | |||||||||
- | - | - | - | - | - | - | - | 5,000 | - |
Cash from income tax refund, net of cash paid for income taxes | |||||||||
- | - | - | - | - | - | - | - | 4,706 | 8,259 |
Purchases of property and equipment financed with prior year deposit | |||||||||
- | - | - | - | - | - | - | - | - | 94 |