| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Payments of Dividends | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Cash flows from operating activities: | ||||||||||
Net loss | ||||||||||
-29,400 | -34,500 | -25,400 | -23,000 | -14,843 | -28,670 | -5,606 | -18,994 | 3,684 | 8,839 | 19,270 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
Depreciation and amortization | ||||||||||
792 | 1,958 | 2,501 | 993 | 2,138 | 3,002 | 3,646 | 9,111 | 8,598 | 6,565 | 5,990 |
Accretion of premium or discount on marketable debt securities | ||||||||||
-21 | -15 | -41 | -130 | -168 | -53 | -360 | 287 | 152 | -69 | 260 |
Stock-based compensation | ||||||||||
2,057 | 4,791 | 2,296 | 2,425 | 3,145 | 4,827 | 4,203 | 4,486 | 3,923 | 2,583 | 1,884 |
Net (gain)/loss on investment transactions | ||||||||||
-3,858 | 2,849 | 2,000 | 1,034 | 9,206 | 0 | 1,899 | 856 | 368 | 2,597 | - |
Losses in unconsolidated affiliates | ||||||||||
- | - | - | - | - | 102 | 625 | 679 | - | - | - |
Impairment on marketable debt securities | ||||||||||
- | - | - | - | - | - | - | - | 150 | 0 | 926 |
Goodwill and Intangible Asset Impairment | ||||||||||
- | - | - | - | - | 0 | 1,511 | 1,704 | 4,999 | 0 | - |
Gain (Loss) on Disposition of Assets | ||||||||||
- | - | - | - | - | -283 | - | - | - | - | - |
Release of valuation allowance on deferred tax assets | ||||||||||
- | - | - | - | - | - | - | - | 4,266 | 0 | - |
Income taxes | ||||||||||
105 | 4 | -2,421 | 1,451 | -75 | -230 | 252 | 2,162 | 0 | 0 | - |
Foreign currency losses (gains) | ||||||||||
220 | 1,096 | -893 | -711 | 455 | 96 | -341 | -1,236 | - | - | - |
Impairment of assets | ||||||||||
0 | 2,526 | - | - | - | - | - | - | - | - | - |
Goodwill, Impairment Loss | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Loss on remeasurement of investment in Intoware | ||||||||||
- | - | - | - | - | - | - | -557 | 0 | 0 | - |
Loss in unconsolidated affiliate | ||||||||||
- | - | - | - | - | - | - | - | -296 | -600 | 483 |
Impairment of goodwill | ||||||||||
331 | 1,417 | 600 | - | - | 1,319 | 5,000 | 0 | 0 | - | - |
Accounts Receivable, Allowance for Credit Loss, Period Increase (Decrease) | ||||||||||
- | - | - | - | 112 | -63 | 107 | 129 | 224 | -154 | 588 |
Gain on loans to KTC | ||||||||||
- | - | - | - | - | - | - | - | - | - | 1,187 |
Unrealized gain on investments | ||||||||||
- | - | - | - | - | - | - | - | - | - | 599 |
Change in allowance for bad debt | ||||||||||
633 | -155 | 13 | -17 | - | - | - | - | - | - | - |
Gain (Loss) on Sale of Business | ||||||||||
- | - | - | - | - | - | 33,452 | 0 | - | - | - |
Gain (Loss) on Disposition of Property Plant Equipment | ||||||||||
- | - | - | - | 0 | - | 0 | 0 | - | - | - |
Loss on disposal of plant and equipment | ||||||||||
-508 | -51 | 0 | 7,700 | -180 | 0 | 0 | - | - | - | - |
Write-off of excess inventory | ||||||||||
1,834 | 832 | 654 | - | - | - | - | - | - | - | - |
Foreign currency losses | ||||||||||
- | - | - | - | - | - | - | - | 14 | 418 | 942 |
Other non-cash items | ||||||||||
- | - | - | -677 | -1,560 | -489 | -733 | -402 | -379 | 203 | -564 |
Change in warranty reserves | ||||||||||
62 | 79 | -142 | 0 | 200 | 0 | 0 | - | - | - | - |
Changes in assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
3,944 | -853 | 2,376 | 39 | -2,850 | 1,286 | -4,853 | -4,363 | -256 | -1,926 | -3,703 |
Contract assets | ||||||||||
-2,168 | -865 | - | - | - | - | - | - | - | - | - |
Inventory | ||||||||||
792 | 1,656 | 1,633 | 1,527 | 8 | 1,520 | -2,262 | -3,466 | -993 | 4,171 | 2,666 |
Prepaid expenses and other current assets | ||||||||||
-821 | -113 | 1,084 | -48 | 207 | -191 | 179 | -126 | -1,055 | 718 | -132 |
Accounts payable and accrued expenses | ||||||||||
-163 | -1,208 | 1,924 | 1,163 | -2,632 | 1,829 | -773 | -2,996 | 655 | 338 | -4,228 |
Billings in excess of revenue earned | ||||||||||
397 | -4 | -85 | -425 | 777 | 38 | -672 | -1,247 | -743 | 126 | -43 |
Net cash used in operating activities | ||||||||||
-21,000 | -28,100 | -25,900 | -26,200 | -16,919 | -19,604 | -18,900 | 3,788 | 19,252 | 13,933 | 23,357 |
Cash flows from investing activities: | ||||||||||
Purchase of marketable debt securities | ||||||||||
0 | 5,697 | 19,633 | 51,828 | 22,835 | 19,867 | 49,329 | 39,853 | 42,345 | 48,730 | 48,712 |
Proceeds from sale of investments | ||||||||||
- | - | - | 1,034 | 9,206 | 0 | 2,597 | 856 | 392 | 4,223 | - |
Cash paid for acquisition, net of cash acquired | ||||||||||
0 | 0 | 3,690 | - | 0 | - | - | - | - | - | - |
Payments to Acquire Equity Method Investments | ||||||||||
2,500 | 1,000 | - | - | - | - | - | - | - | - | - |
Proceeds from sale of III-V product line | ||||||||||
- | - | - | 15,000 | 0 | - | - | - | - | - | - |
Proceeds from sale of property and plant | ||||||||||
- | - | - | 8,106 | - | - | - | - | - | - | 426 |
Increase (Decrease) in Assets Held-for-sale | ||||||||||
- | - | - | - | 0 | - | - | - | - | - | - |
Proceeds from Sale of Machinery and Equipment | ||||||||||
- | - | - | - | - | 250 | 0 | 0 | - | - | - |
Proceeds from Divestiture of Businesses, Net of Cash Divested | ||||||||||
- | - | - | - | - | - | 55,188 | 0 | - | - | - |
Cash included in current assets held for sale | ||||||||||
- | - | - | - | - | - | - | -2,388 | 0 | 0 | - |
Cash paid to acquire Intoware and FDD, net of cash acquired | ||||||||||
- | - | - | - | - | - | - | - | 0 | 0 | - |
Payments to Acquire Business Three, Net of Cash Acquired | ||||||||||
- | - | - | - | - | 0 | -211 | - | - | - | - |
Net cash received from KTC equity interest investment | ||||||||||
- | - | - | - | - | - | - | - | - | - | 212 |
Cash paid to acquire FDD, net of cash acquired | ||||||||||
- | - | - | - | - | - | - | - | 10,084 | 0 | - |
Proceeds from sale of property and plant | ||||||||||
- | - | - | - | - | 0 | 3,583 | 2,249 | 1,980 | 0 | - |
Other assets | ||||||||||
41 | 8 | 140 | -80 | 1 | 38 | 10 | -43 | -16 | -196 | 41 |
Capital expenditures | ||||||||||
170 | 1,183 | 2,794 | 394 | 1,122 | 1,489 | 741 | 9,831 | 7,132 | 15,849 | 3,684 |
Proceeds from sale of marketable debt securities | ||||||||||
7,454 | 26,646 | 37,536 | 50,835 | 38,055 | 39,801 | 17,130 | 37,305 | 40,732 | 47,956 | 31,328 |
Net cash provided by investing activities | ||||||||||
4,742 | 18,757 | 11,276 | 22,833 | 23,302 | 18,655 | 21,461 | -15,930 | -20,401 | -12,203 | -20,471 |
Cash flows from financing activities: | ||||||||||
Construction in progress included in accrued expenses | ||||||||||
0 | 0 | 212 | 0 | 0 | 373 | 105 | 360 | 469 | 1,194 | 124 |
Sale of registered stock | ||||||||||
8,038 | - | - | - | - | - | - | - | - | - | - |
Sale of unregistered stock | ||||||||||
- | 0 | 24,664 | - | 0 | - | - | - | - | - | - |
Treasury stock purchases | ||||||||||
- | - | - | - | - | 298 | 7,991 | 3,455 | 4,414 | 6,728 | 5,299 |
Investment in KTC as controlling interest was acquired | ||||||||||
- | - | - | - | - | - | - | - | - | -72 | -300 |
Purchase of noncontrolling interest in Kowon | ||||||||||
- | - | - | - | - | - | -3,662 | 0 | 0 | 111 | - |
Proceeds from exercise of stock options and warrants | ||||||||||
- | - | - | - | 86 | 137 | 0 | 0 | 72 | 36 | 123 |
Settlements of restricted stock for tax withholding obligations | ||||||||||
45 | 208 | 771 | 510 | 1,072 | 975 | 1,192 | 628 | 1,029 | 531 | 686 |
Distribution to noncontrolling interest holder | ||||||||||
0 | 699 | 791 | - | - | - | - | - | - | - | - |
Net cash provided by financing activities | ||||||||||
7,993 | -907 | 23,101 | -510 | -986 | -1,136 | -12,846 | -4,084 | -5,371 | -7,185 | -6,162 |
Effect of exchange rate changes on cash | ||||||||||
-6 | -268 | 560 | -93 | -264 | -34 | -93 | 266 | -217 | 456 | 159 |
Cash and cash equivalents: | ||||||||||
Income taxes paid | ||||||||||
0 | 1,374 | 281 | 723 | 50 | -18 | 95 | 75 | 186 | 221 | 1,304 |
Supplemental disclosure of cash flow information: | ||||||||||
Net (decrease) increase in cash and cash equivalents | ||||||||||
-8,297 | -10,521 | 9,025 | -3,945 | 5,132 | -2,120 | -10,378 | -15,959 | -6,739 | -4,998 | -3,116 |