| Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||
Net loss | ||||||||
-6,145 | -2,986 | -21,095 | -15,057 | -19,099 | -25,793 | 9,006 | 12,202 | -2,817 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
Depreciation and amortization | ||||||||
1,667 | 1,682 | 2,446 | 3,718 | 4,685 | 5,372 | 5,077 | 5,282 | 5,929 |
Stock-based compensation | ||||||||
1,589 | 1,606 | 1,912 | 2,120 | 2,609 | 3,067 | 3,672 | 3,894 | 3,395 |
Loss on asset write-off | ||||||||
- | - | - | -82 | - | -2,320 | - | - | - |
Inventory write-downs | ||||||||
642 | 1,527 | 913 | 1,538 | 900 | 1,220 | 1,200 | 1,949 | - |
Asset impairment charges | ||||||||
- | - | - | - | - | - | - | 2,184 | - |
Gain on sale of long-term investments | ||||||||
20 | 948 | 8 | 436 | - | 23 | 1,619 | - | - |
Impairment loss on long-term investments | ||||||||
0 | 0 | 4,953 | 83 | - | - | 422 | - | - |
Gain on disposal of property and equipment, net | ||||||||
137 | 1,726 | 738 | 428 | 106 | 85 | -1 | -15 | 203 |
Deferred income taxes | ||||||||
40 | -1,231 | 1,989 | 78 | 41 | 101 | -92 | 242 | -15 |
Other, net | ||||||||
- | - | - | 36 | - | - | - | - | - |
Other, net | ||||||||
- | - | - | - | -1 | 80 | 8 | 14 | 47 |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable, net | ||||||||
1,979 | 2,008 | -1,592 | -3,235 | 1,251 | -3,289 | -1,177 | -1,317 | -3,978 |
Inventories | ||||||||
697 | 1,140 | 1,933 | 2,963 | 200 | 1,211 | -4,557 | 6,177 | 6,931 |
Prepaid expenses and other current assets | ||||||||
139 | 6 | -191 | -130 | -510 | -213 | -281 | -912 | -499 |
Deferred charges | ||||||||
553 | 375 | 416 | 985 | 1,366 | 790 | 1,403 | 676 | 757 |
Notes and accounts payable | ||||||||
-1,869 | 996 | 1,202 | -2,038 | -413 | 2,885 | 1,658 | 461 | -4,640 |
Income tax payable | ||||||||
161 | -2,065 | 1,595 | 412 | -124 | -244 | 120 | 84 | 176 |
Accrued expenses and other current liabilities | ||||||||
186 | -1,064 | -1,039 | 577 | -1,083 | -1,025 | -554 | 337 | -510 |
Accrued pension liabilities | ||||||||
13 | -4 | -11 | -12 | -25 | 53 | -51 | -65 | 64 |
Long-term income tax payable | ||||||||
- | - | - | - | - | 66 | 244 | 40 | -48 |
Other liabilities | ||||||||
3 | -56 | -168 | -346 | -8,893 | 9,422 | - | - | - |
Net cash used in operating activities | ||||||||
-7,238 | -7,798 | -8,615 | -10,328 | -22,990 | -6,985 | 19,900 | 21,013 | 12,729 |
INVESTING ACTIVITIES | ||||||||
Short-term investments | ||||||||
8,505 | 28,797 | 7,128 | 22,346 | 15,496 | 24,722 | 39,506 | 29,726 | 38,245 |
Long-term investments | ||||||||
- | - | - | - | 250 | - | - | 3,817 | - |
Property and equipment | ||||||||
704 | 673 | 724 | 1,004 | 743 | 2,151 | 2,013 | 2,307 | 1,123 |
Restricted assets | ||||||||
- | - | - | - | -10,000 | 10,000 | - | -1,476 | - |
Restricted cash | ||||||||
0 | 0 | -132 | 1 | -1 | 1 | -396 | 307 | 80 |
Other assets | ||||||||
-22 | -40 | -82 | -116 | -108 | 83 | 31 | 82 | 144 |
Increase (decrease) in other liabilities | ||||||||
- | - | - | - | - | - | - | - | -23 |
Sale of short-term investments | ||||||||
12,635 | 18,331 | 16,755 | 34,333 | 52,131 | 48,381 | 15,809 | 35,648 | 37,116 |
Disposal of long-term investments | ||||||||
0 | 5,982 | 167 | 1,304 | - | 583 | 4,337 | - | - |
Return of capital from long-term investment | ||||||||
1,163 | 17 | 370 | - | - | - | - | - | - |
Disposal of property and equipment | ||||||||
145 | 3,837 | 3,205 | 1,982 | 166 | 296 | 58 | 16 | 20 |
Net cash provided by (used in) investing activities | ||||||||
4,756 | -1,263 | 12,859 | 14,384 | 45,917 | 12,303 | -20,950 | 901 | -2,479 |
FINANCING ACTIVITIES | ||||||||
Acquisition of treasury stock | ||||||||
708 | 619 | 3,233 | 4,965 | 8,279 | 10,916 | 10,233 | 20,460 | 3,905 |
Exercise of stock options | ||||||||
29 | 2 | 31 | 44 | 25 | 80 | 453 | 33 | 114 |
Issuance of ordinary shares under the Employee Stock Purchase Plan | ||||||||
84 | 73 | 180 | 258 | 335 | 532 | 541 | 500 | 575 |
Net cash used in financing activities | ||||||||
-595 | -544 | -3,022 | -4,663 | -7,919 | -10,304 | -9,239 | -19,927 | -3,216 |
EFFECTS OF CHANGES IN FOREIGN EXCHANGE RATE | ||||||||
265 | -262 | -1,092 | -617 | -613 | 322 | 574 | 1,459 | -47 |
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS | ||||||||
-2,812 | -9,867 | 130 | -1,224 | 14,395 | -4,664 | -9,715 | 3,446 | 6,987 |
SUPPLEMENTAL DISCLOSURES OF CASH FLOWS | ||||||||
Cash paid for interest | ||||||||
0 | 0 | 0 | - | - | - | - | - | - |
Cash paid for interest | ||||||||
- | - | - | 0 | - | - | - | - | 0 |
Cash paid for tax | ||||||||
818 | 4,349 | 1,068 | 697 | 1,064 | 1,307 | 1,250 | 1,296 | 1,366 |
Restricted cash reclassified to short-term investments | ||||||||
- | - | - | - | - | - | - | - | 1,000 |
Land in exchange for building | ||||||||
- | - | - | - | - | - | - | - | 8,918 |
Increase in payable for acquisition of equipment | ||||||||
- | - | - | - | - | - | 445 | - | - |
Increase in payable for stock repurchase | ||||||||
- | - | - | - | - | - | 332 | - | - |