| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | ||
|---|---|---|---|---|---|---|
Cash flow from operating activities: | ||||||
Net loss | ||||||
-8,415 | -16,998 | - | - | - | ||
Net loss | ||||||
- | - | -15,757 | -18,161 | -15,664 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
244 | 477 | 253 | 173 | 138 | ||
Inventory provisions | ||||||
45 | 90 | 278 | 169 | 61 | ||
Loss on disposal of fixed assets | ||||||
-10 | -1 | -4 | -12 | - | ||
Write-off of deferred offering costs | ||||||
- | - | - | - | 3,369 | ||
Stock-based compensation | ||||||
530 | 1,168 | 2,171 | 2,306 | 313 | ||
Imputed interest expense | ||||||
38 | 83 | 37 | - | - | ||
Non-cash interest expense on funding from the Parent | ||||||
- | - | - | 1 | 2,288 | ||
Non-cash operating expenses allocated from the Parent | ||||||
- | - | - | 183 | 183 | ||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
13 | 5 | -113 | 91 | 5 | ||
Inventory | ||||||
-23 | -85 | 149 | 222 | 239 | ||
Prepaid expenses and other current assets | ||||||
67 | -286 | -16 | 120 | -23 | ||
Other assets | ||||||
-89 | 1 | 98 | -9 | 9 | ||
Accounts payable and other current liabilities | ||||||
-557 | 528 | -305 | 44 | 136 | ||
Income taxes payable | ||||||
-281 | 231 | 8 | 16 | 8 | ||
Deferred rent | ||||||
-22 | 79 | 59 | -15 | 4 | ||
Due to related parties | ||||||
17 | 5 | -37 | 43 | -120 | ||
Net cash used in operating activities | ||||||
-8,359 | -13,971 | - | - | - | ||
Cash flow from investing activities: | ||||||
Net cash used in operating activities | ||||||
- | - | -13,407 | -15,653 | -9,514 | ||
Purchase of intangible assets | ||||||
- | 125 | 145 | - | - | ||
Website development costs | ||||||
- | - | - | - | 46 | ||
Purchases of property and equipment | ||||||
4 | 73 | 140 | 196 | 133 | ||
Net cash used in investing activities | ||||||
-4 | -198 | - | - | - | ||
Cash flow from financing activities: | ||||||
Net cash used in investing activities | ||||||
- | - | -285 | -196 | -179 | ||
Proceeds from issuance of ordinary shares from rights offering, net of costs | ||||||
- | 10,534 | - | - | - | ||
Proceeds from sale of preferred shares, net of costs | ||||||
4,890 | - | - | - | - | ||
Proceeds from secured debt with related party, net of costs | ||||||
3,284 | - | - | - | - | ||
Net cash provided by financing activities | ||||||
7,667 | 10,024 | - | - | - | ||
Proceeds from issuance of ordinary shares upon initial public offering, net of underwriting costs | ||||||
- | - | - | 38,750 | - | ||
Deferred offering costs | ||||||
- | - | 167 | 2,431 | 2,151 | ||
Proceeds from sale of equipment | ||||||
- | - | 1 | - | - | ||
Capitalization of Presbia PLC | ||||||
- | - | - | - | 54 | ||
Funding from the Parent | ||||||
- | - | - | 1,141 | 11,344 | ||
Net cash provided by financing activities | ||||||
- | - | -682 | 37,460 | 9,247 | ||
Net decrease in cash | ||||||
-696 | -4,145 | -14,374 | 21,611 | - | ||
Effects of exchange rate on cash | ||||||
-13 | 48 | -42 | - | - | ||
Net (decrease) increase in cash | ||||||
- | - | - | - | -446 | ||
Supplemental disclosure of cash flow information: | ||||||
Cash paid for income taxes | ||||||
85 | 19 | 50 | 3 | - | ||
Cash paid for income taxes | ||||||
- | - | - | - | 6 | ||
Supplemental disclosures of non-cash investing and financing activities: | ||||||
USA new preferred shares dividends | ||||||
45 | - | - | - | - | ||
Capitalized intangible asset costs included in accounts payable | ||||||
- | 15 | 4 | - | - | ||
Extinguishment of PLC Series 1 preferred shares, USA preferred shares and accrued dividends | ||||||
-2,053 | - | - | - | - | ||
Issuance of PLC Series 2 preferred shares, and USA New preferred shares | ||||||
2,053 | - | - | - | - | ||
Deferred offering costs included in accounts payable and other current liabilities | ||||||
- | - | 91 | - | 1,365 | ||
Allocated operating expenses funded by Presbia Holdings | ||||||
- | - | - | - | 183 | ||
Capitalization of amounts due to Parent per 2014 and 2015 Debt Conversions | ||||||
- | - | - | 1,559 | 23,473 | ||
Note Payable To Neoptics A.G. [Member] | ||||||
Payment of note payable to Neoptics A.G. | ||||||
507 | 510 | - | - | - | ||
Warrant Covering 1,953,125 Ordinary Shares [Member] | ||||||
Issuance of a warrant covering ordinary shares | ||||||
2,837 | - | - | - | - | ||
Warrant Covering 14,731,667 Ordinary Shares [Member] | ||||||
Issuance of a warrant covering ordinary shares | ||||||
3,522 | - | - | - | - | ||