| Dec'18 | Dec'17 | Dec'16 | Dec'15 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss | ||||||
-48,131 | -44,600 | -38,428 | -24,416 | |||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Provision for uncollectible accounts | ||||||
341 | 407 | 0 | - | |||
Write-downs of excess and obsolete inventories | ||||||
671 | 417 | 156 | 0 | |||
Depreciation and amortization | ||||||
1,845 | 1,615 | 2,243 | 587 | |||
Goodwill impairment | ||||||
1,261 | 0 | - | - | |||
Debt related amortization included in interest expense | ||||||
1,096 | 759 | 510 | 0 | |||
Stock-based compensation | ||||||
3,044 | 2,315 | 2,370 | 1,050 | |||
Loss on disposal of discontinued operations | ||||||
-313 | - | - | - | |||
Loss on disposal of property, plant and equipment | ||||||
- | - | -226 | 0 | |||
Other non-cash losses, net | ||||||
- | - | - | 235 | |||
Changes in operating assets and liabilities: | ||||||
Trade accounts receivable | ||||||
1,790 | 8,105 | 2,760 | -234 | |||
Inventories | ||||||
2,320 | 162 | 5,365 | 0 | |||
Prepaid expenses and other current assets | ||||||
137 | 568 | 322 | -190 | |||
Accounts payable and other current liabilities | ||||||
2,641 | -2,412 | 12,610 | - | |||
Other long-term assets | ||||||
- | - | - | 265 | |||
Accounts payable and other current liabilities | ||||||
- | - | - | 0 | |||
Accrued compensation | ||||||
2,466 | 1,635 | 2,035 | - | |||
Accrued bonuses | ||||||
- | - | - | -1,045 | |||
Other long-term liabilities | ||||||
9 | 502 | 940 | 0 | |||
Net cash used in operating activities | ||||||
-38,691 | -48,197 | -25,785 | - | |||
Interest paid | ||||||
- | - | - | 0 | |||
Cash flows from investing activities: | ||||||
Net proceeds from sale of discontinued operations | ||||||
4,600 | - | - | - | |||
Net cash used in operating activities | ||||||
- | - | - | -23,430 | |||
Acquisition of property, plant and equipment | ||||||
686 | 1,231 | 4,031 | 529 | |||
Net cash used in investing activities | ||||||
3,914 | -1,231 | -4,031 | - | |||
Cash flows from financing activities: | ||||||
Net cash used in investing activities | ||||||
- | - | - | -529 | |||
Borrowings under credit facility, net | ||||||
16,711 | 12,500 | 15,000 | 0 | |||
Proceeds from the sale of common stock | ||||||
88,816 | - | - | - | |||
Payments of financing costs related to issuance of common stock | ||||||
405 | - | - | - | |||
Purchase of non-controlling interests | ||||||
- | - | 6,818 | 9,875 | |||
Net funding and capital contribution provided by Integer | ||||||
- | - | 86,421 | 33,618 | |||
Proceeds from the exercise of stock options and warrants | ||||||
776 | 1,430 | 249 | - | |||
Payment of debt issuance costs | ||||||
- | - | 1,528 | 0 | |||
Proceeds from the exercise of stock options | ||||||
- | - | - | 0 | |||
Payment of debt issuance costs and other financing activities | ||||||
46 | 47 | - | - | |||
Net cash provided by financing activities | ||||||
105,852 | 13,883 | 93,324 | - | |||
Net cash provided by financing activities | ||||||
- | - | - | 23,743 | |||
Net (decrease) increase in cash and cash equivalents | ||||||
71,075 | -35,545 | 63,508 | -216 | |||
Supplemental Disclosure of Cash Flow Information: | ||||||
Income taxes paid | ||||||
24 | 13 | 0 | - | |||
Interest paid | ||||||
3,482 | 1,427 | 822 | - | |||
Acquisition of property, plant and equipment accrued not paid | ||||||
177 | - | 129 | - | |||