| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||
Net loss | ||||||
-210,935 | -138,139 | -138,187 | ||||
Stock-based compensation | ||||||
2,535 | 0 | 0 | ||||
Depreciation and amortization | ||||||
6,999 | 5,800 | 5,100 | ||||
Deferred rent | ||||||
- | -547 | 1,464 | ||||
(Gain) loss on disposal of property and equipment | ||||||
38 | -25 | 0 | ||||
Change in assets and liabilities | ||||||
Accounts receivable | ||||||
-819 | 416 | -138 | ||||
Inventories | ||||||
3,528 | 13,122 | 1,191 | ||||
Prepayments and other current assets | ||||||
12,476 | 76 | -1,205 | ||||
Other noncurrent assets | ||||||
-1,178 | -101 | 4 | ||||
Due from related party, net | ||||||
-9,734 | 1,786 | 3,653 | ||||
Accounts payable and accrued expenses | ||||||
-323 | 3,690 | 62 | ||||
Customer deposits | ||||||
2,479 | -1,240 | -1,657 | ||||
Net cash used in operating activities | ||||||
-203,556 | -145,703 | -136,675 | ||||
Cash flows from investing activity | ||||||
Capital expenditures | ||||||
19,411 | 10,590 | 5,597 | ||||
Cash used in investing activity | ||||||
-19,411 | -10,590 | -5,597 | ||||
Cash flows from financing activities | ||||||
Payments of finance lease obligations | ||||||
104 | - | - | ||||
Payments of finance lease obligations | ||||||
- | 88 | 85 | ||||
Net transfer from Parent Company | ||||||
56,310 | 0 | 0 | ||||
Net transfer from Parent Company | ||||||
106,119 | 156,683 | 137,955 | ||||
Proceeds from issuance of common stock | ||||||
20,000 | 0 | 0 | ||||
Proceeds from reverse recapitalization | ||||||
500,000 | 0 | 0 | ||||
Transaction costs | ||||||
48,005 | 0 | 0 | ||||
Net cash provided by financing activities | ||||||
634,320 | 156,595 | 137,870 | ||||
Net change in cash | ||||||
411,353 | 302 | -4,402 | ||||