| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | ||
|---|---|---|---|---|---|---|
OPERATING ACTIVITIES: | ||||||
Net loss | ||||||
-65,430 | -58,789 | 0 | 0 | 0 | ||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Depreciation and amortization | ||||||
169 | 183 | 0 | 0 | 0 | ||
Provision for sales returns | ||||||
256 | 134 | 0 | 0 | 0 | ||
Amortization of deferred financing costs and debt discounts | ||||||
1,217 | 1,218 | 0 | 0 | 0 | ||
Stock-based compensation | ||||||
40,620 | 34,681 | 0 | 0 | 0 | ||
Other | ||||||
-35 | -59 | 0 | 0 | 0 | ||
Changes in assets and liabilities: | ||||||
Accounts receivable | ||||||
2,246 | -309 | 0 | 0 | 0 | ||
Inventory | ||||||
10,073 | 5,360 | 0 | 0 | 0 | ||
Prepaid and other current assets | ||||||
664 | 1,004 | 0 | 0 | 0 | ||
Accounts payable, accrued and other liabilities | ||||||
5,713 | 3,334 | 0 | 0 | 0 | ||
Cash used in operating activities | ||||||
-30,368 | -25,200 | 0 | 0 | 0 | ||
INVESTING ACTIVITIES: | ||||||
Purchase of fixed assets | ||||||
119 | 114 | 0 | 0 | 0 | ||
Proceeds on sale of fixed assets | ||||||
- | 6 | 0 | 0 | 0 | ||
Cash used in investing activities | ||||||
-1,292 | -1,284 | 0 | 0 | 0 | ||
FINANCING ACTIVITIES: | ||||||
Taxes paid related to net settlement upon vesting of restricted common stock | ||||||
0 | - | - | - | - | ||
Borrowings from Mid Cap credit facility | ||||||
96,914 | 98,663 | 0 | 0 | 0 | ||
Repayments from Mid Cap credit facility | ||||||
93,915 | 92,165 | 0 | 0 | 0 | ||
Deferred offering costs | ||||||
0 | - | - | - | 0 | ||
Insurance obligation payments | ||||||
0 | - | - | - | - | ||
Capital lease obligation payments | ||||||
43 | 55 | 0 | 0 | 0 | ||
Cash provided by financing activities | ||||||
32,742 | 36,566 | 0 | 0 | 0 | ||
EFFECT OF EXCHANGE RATE ON CASH | ||||||
1 | -1 | 0 | 0 | 0 | ||
NET CHANGE IN CASH AND RESTRICTED CASH FOR PERIOD | ||||||
1,083 | 10,081 | 0 | 0 | 0 | ||
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION | ||||||
Cash paid for interest | ||||||
3,332 | 3,201 | 0 | 0 | 0 | ||
NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||||||
Debt issuance costs not paid | ||||||
- | - | - | - | 0 | ||
Mid Cap Credit Facility | ||||||
Debt issuance costs | ||||||
- | 581 | 0 | 0 | 0 | ||
Horizon Term Loan | ||||||
Debt issuance costs | ||||||
- | 900 | 0 | 0 | 0 | ||