| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net income (loss) | ||||||
-12,379 | -19,614 | -8,819 | - | |||
Net income (loss) | ||||||
- | - | - | -2,327 | |||
Adjustments to reconcile net income (loss) to net cash from operating activities: | ||||||
Depreciation and amortization | ||||||
4,308 | 2,195 | 741 | - | |||
Non-cash interest | ||||||
3,313 | 2,510 | 6 | - | |||
Loss on extinguishment of debt | ||||||
-6,299 | - | - | - | |||
Gain on change in fair value - warrant liabilities | ||||||
16,758 | - | - | - | |||
Tax receivable agreement expense | ||||||
501 | - | - | - | |||
Stock-based compensation | ||||||
10,063 | 487 | - | - | |||
Loss on disposal of property and equipment | ||||||
- | -95 | -10 | - | |||
Bad debt | ||||||
- | - | 1 | - | |||
Changes in operating assets and liabilities: | ||||||
Decrease (increase) in accounts receivable | ||||||
18,451 | 6,059 | 1,855 | - | |||
Decrease (increase) in inventories | ||||||
24,688 | 9,595 | 8,010 | - | |||
Increase in prepaid inventory and other assets | ||||||
2,557 | 520 | 838 | - | |||
Increase (decrease) in accounts payable | ||||||
25,132 | 3,783 | 13,847 | - | |||
Increase in accrued sales returns | ||||||
1,814 | 632 | - | - | |||
Decrease in accrued sales returns | ||||||
- | - | 2,771 | - | |||
Increase (decrease) in accrued compensation | ||||||
5,263 | 594 | 287 | - | |||
Decrease in customer prepayments | ||||||
-1,264 | 4,309 | - | - | |||
Increase (decrease) in customer prepayments | ||||||
- | - | -941 | - | |||
Increase (decrease) in other accrued liabilities | ||||||
8,803 | -474 | 7,800 | - | |||
Decrease in prepaid expenses | ||||||
- | - | - | -90 | |||
Increase (decrease) in accounts payable, accrued liabilities and accrued taxes, net | ||||||
- | - | - | 1,676 | |||
Trust income retained in Trust Account | ||||||
- | - | - | 250 | |||
Net cash used in operating activities | ||||||
22,915 | -21,657 | 5,000 | -811 | |||
Cash flows from investing activities: | ||||||
Purchase of property and equipment | ||||||
10,459 | 11,325 | 7,579 | - | |||
Investment in intangible assets | ||||||
320 | 327 | 1,149 | - | |||
Withdrawal from Trust Account upon redemption of 3,416,480 public shares | ||||||
- | - | - | 0 | |||
Cash deposited in Trust Account | ||||||
- | - | - | 0 | |||
Net cash used in investing activities | ||||||
-10,779 | -11,652 | -8,728 | 0 | |||
Cash flows from financing activities: | ||||||
Proceeds from the Business Combination | ||||||
- | 26,344 | - | 0 | |||
Proceeds from related-party debt | ||||||
10,000 | 24,000 | - | 0 | |||
Repurchase of stock options | ||||||
97 | - | - | - | |||
Proceeds from draw on line of credit | ||||||
- | - | 8,000 | - | |||
Payments to line of credit | ||||||
- | 8,000 | - | - | |||
Payments for debt issuance costs | ||||||
758 | 367 | 46 | - | |||
Proceeds from sale of Public Offering Units | ||||||
- | - | - | 0 | |||
Proceeds from sale of Private Placement Warrants | ||||||
- | - | - | 0 | |||
Payment of underwriting discounts | ||||||
- | - | - | 0 | |||
Payment of underwriting discounts | ||||||
- | - | - | 0 | |||
Payment of offering costs | ||||||
- | - | - | 0 | |||
Payments on related-party notes payable | ||||||
- | - | 300 | 0 | |||
Principal payments on capital lease obligations | ||||||
-35 | -29 | -58 | - | |||
Member distributions | ||||||
- | - | 4,288 | - | |||
Redemption of common stock | ||||||
- | - | - | 0 | |||
Net cash provided by financing activities | ||||||
9,110 | 41,948 | 3,308 | 0 | |||
Net decrease in cash | ||||||
21,246 | 8,639 | -420 | -811 | |||
Supplemental disclosures of cash flow information: | ||||||
Cash paid during the period for interest | ||||||
1,869 | 1,384 | 46 | - | |||
Equipment acquired under build-to-suit service agreement | ||||||
- | - | 129 | - | |||
Deferred underwriting commissions | ||||||
- | - | - | 0 | |||
Cash paid during the period for income taxes | ||||||
122 | - | - | 67 | |||
Supplemental schedule of non-cash investing and financing activities: | ||||||
Property and equipment included in accounts payable | ||||||
743 | 463 | 549 | - | |||
Assignment of founder shares and sponsor warrants | ||||||
- | 4,691 | - | - | |||
Equipment acquired through capital lease | ||||||
386 | - | - | - | |||
Issuance of liability warrants | ||||||
4,864 | - | - | - | |||
Non-cash leasehold improvements | ||||||
1,938 | - | - | - | |||
Tax distribution payable | ||||||
308 | - | - | - | |||