| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|
Net loss | ||||||
-9,548 | -8,723 | -39,407 | -29,987 | -4,819 | -4,230 | -24,531 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
769 | 1,395 | 2,135 | 1,855 | - | - | - |
Depreciation and amortization | ||||||
- | - | - | - | 1,361 | 1,031 | 899 |
Share-based compensation | ||||||
1,865 | 2,317 | 3,196 | 2,518 | 4,318 | 2,695 | 2,093 |
Exchange loss on offshore bank accounts | ||||||
-89 | -120 | -938 | -1,556 | - | - | - |
Loss (gain) from equity method investment | ||||||
208 | 17 | -34 | - | - | - | - |
Write-off of rental deposit | ||||||
- | - | - | - | - | 242 | - |
Inventory write down | ||||||
2,065 | 3,286 | 1,890 | 1,206 | -420 | 218 | 515 |
Impairment loss on intangible assets | ||||||
- | - | - | - | - | - | 1,022 |
Impairment loss on goodwill | ||||||
- | - | - | - | - | - | 906 |
Deferred tax liability | ||||||
- | - | - | - | - | - | -272 |
Amortization of debt discount | ||||||
- | - | - | - | 956 | 1,140 | - |
Interest on convertible notes | ||||||
- | - | - | - | 413 | 744 | - |
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
973 | 1,707 | 246 | 447 | -12 | 176 | 8 |
Inventories | ||||||
3,293 | 2,642 | 3,326 | 4,000 | 864 | 1,003 | 508 |
Prepaid expenses and other current assets | ||||||
5,985 | 4,659 | -106 | -3,639 | 1,148 | 5,807 | 9 |
Long-term rental deposit | ||||||
12 | 2 | -33 | 79 | 337 | 225 | -74 |
Accounts payable | ||||||
-108 | -6,813 | 4,117 | 6,567 | 9,508 | 4,020 | 1,727 |
Advance from customers | ||||||
1,345 | 476 | -2,697 | 818 | 3,130 | 3,641 | -118 |
Accrued expenses and other current liabilities | ||||||
-837 | 1,635 | -4,674 | 9,465 | 3,042 | 5,109 | 4,154 |
Net cash used in operating activities | ||||||
-14,831 | -15,334 | -37,901 | - | - | - | - |
Cash flows from investing activities | ||||||
Net cash used in operating activities | ||||||
- | - | - | -6,889 | 15,152 | 7,399 | -14,056 |
Purchase of property and equipment | ||||||
556 | 334 | 769 | 2,576 | 2,451 | 917 | 1,582 |
Maturity of term deposit | ||||||
- | - | 43,054 | 157,519 | - | - | - |
Purchase of term deposit | ||||||
- | - | 37,708 | 84,855 | 79,958 | - | - |
(Increase) decrease in restricted cash | ||||||
15 | -47 | -661 | 907 | 143 | 367 | 252 |
Payment for business acquisition | ||||||
- | - | - | - | 1,000 | - | - |
Payment for long term investment | ||||||
2,950 | - | 2,100 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||
-3,521 | -287 | 3,138 | - | - | - | - |
Cash flows from financing activities | ||||||
Net cash provided by (used in) investing activities | ||||||
- | - | - | 69,181 | -83,552 | -1,284 | -1,834 |
Proceeds from issuance of convertible notes | ||||||
- | - | - | - | - | 8,000 | - |
Proceeds from exercise of share options | ||||||
37 | 22 | 122 | 230 | 193 | - | - |
Proceeds from private placement | ||||||
- | 75,423 | - | - | - | - | - |
Proceeds from initial public offering | ||||||
- | - | - | - | 75,030 | - | - |
Repurchase of ordinary shares | ||||||
3,101 | 810 | 9,346 | 10,650 | - | - | - |
Net cash (used in) provided by financing activities | ||||||
-3,064 | 74,635 | -9,224 | - | - | - | - |
Net (decrease) increase in cash and cash equivalents | ||||||
-21,416 | 59,014 | -43,987 | - | - | - | - |
Effect of exchange rate changes on cash and cash equivalents | ||||||
340 | -398 | -470 | - | - | - | - |
Payment of professional fees related to initial public offering | ||||||
- | - | - | - | 3,127 | 930 | 602 |
Payment of deferred consideration for Shanghai Ouku acquisition | ||||||
- | - | - | - | - | - | 185 |
Net cash (used in) provided by financing activities | ||||||
- | - | - | -10,420 | 72,096 | 7,070 | -787 |
Net increase (decrease) in cash and cash equivalents | ||||||
- | - | - | 51,872 | 3,696 | 13,185 | -16,677 |
Effect of exchange rate changes on cash and cash equivalents | ||||||
- | - | - | -259 | 77 | 1 | 24 |
Supplemental cash flow information: | ||||||
Income tax paid | ||||||
81 | 54 | 49 | - | - | - | - |
Income taxes paid | ||||||
- | - | - | 70 | 69 | 12 | -606 |
Interest paid | ||||||
- | - | - | - | 1,157 | - | - |