| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||
Net loss | ||||||||||||||||
-27,999 | -41,426 | -23,604 | -31,399 | -27,772 | -21,888 | -22,035 | -20,592 | -18,789 | -27,474 | -10,245 | -21,269 | -20,272 | -14,723 | -15,272 | -21,080 | -22,299 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||||||||
Depreciation and amortization | ||||||||||||||||
1,733 | 1,737 | 1,715 | 1,648 | 1,569 | 1,968 | 7,236 | 1,661 | 1,550 | 1,507 | 1,779 | 2,463 | 1,794 | 1,546 | 1,554 | 1,509 | 1,480 |
Share-based compensation expense | ||||||||||||||||
4,355 | 4,771 | 3,876 | 4,592 | 4,294 | 3,356 | 2,620 | 2,205 | 2,527 | 4,302 | 2,447 | 1,926 | 1,605 | 1,194 | 923 | 1,449 | 2,648 |
Change in fair value of derivative financial instruments | ||||||||||||||||
-2,015 | 1,668 | -1,772 | 607 | 2,027 | -538 | -4,033 | 1,273 | -756 | 2,490 | 2,307 | 292 | 105 | 405 | -1,877 | -149 | -244 |
Unrealized foreign exchange gains | ||||||||||||||||
4,824 | -7,583 | 6,306 | -1,434 | 1,820 | 1,292 | 793 | 3,286 | 131 | -2,401 | -653 | -992 | -176 | 2,534 | -476 | 1,001 | -2,304 |
Change in deferred tax expense | ||||||||||||||||
- | - | - | - | - | -6 | -32 | 361 | -92 | - | - | - | - | 744 | 177 | -333 | 557 |
Change in lease incentives | ||||||||||||||||
- | - | - | - | - | -46 | -232 | 20 | -72 | 277 | 304 | 329 | 1,305 | 1,117 | -162 | -157 | -149 |
Changes in operating assets and liabilities: | ||||||||||||||||
Accounts receivable and accrued income, prepaid expenses and other current assets | ||||||||||||||||
1,282 | 1,890 | 100 | 16 | 2,763 | -810 | -970 | -940 | 1,142 | -238 | -4,381 | 3,058 | -8,154 | 1,232 | 3,378 | 1,756 | -449 |
Inventories | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -74 | -326 | -49 | -31 |
Accounts payable | ||||||||||||||||
-546 | 2,070 | -701 | 529 | -246 | -224 | 572 | 36 | 681 | -230 | -106 | -651 | -683 | 312 | 1,900 | -3,059 | 1,191 |
Accrued expenses, other liabilities and operating leases | ||||||||||||||||
-2,645 | 1,076 | 5,592 | 532 | -1,190 | 1,177 | -1,767 | 2,864 | -2,656 | -309 | -635 | 1,888 | -2,584 | -1,530 | -953 | 3,258 | -276 |
Deferred revenue | ||||||||||||||||
270 | -1,596 | -720 | -2,146 | -537 | -1,320 | -2,563 | -2,019 | -2,560 | -1,458 | -16,305 | -2,047 | -1,268 | -1,047 | -1,760 | -1,473 | -1,418 |
Net cash used in operating activities | ||||||||||||||||
-32,953 | -26,007 | -22,020 | -24,219 | -26,438 | -18,003 | -20,057 | -16,537 | -21,440 | -18,047 | -15,420 | -19,135 | -11,668 | -15,674 | -18,046 | -22,743 | -15,726 |
Cash flows from investing activities | ||||||||||||||||
Restricted cash | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 9 | 608 |
Purchases of intangible assets | ||||||||||||||||
2,213 | 0 | 0 | 0 | 996 | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of property, plant and equipment | ||||||||||||||||
677 | 1,963 | 2,256 | 1,198 | 234 | 579 | 608 | 549 | 648 | 1,217 | 414 | 861 | 1,969 | 4,254 | 7,481 | 1,686 | 1,867 |
Net cash used in investing activities | ||||||||||||||||
-2,890 | -1,963 | -2,256 | -1,198 | -1,230 | -742 | -861 | -1,994 | -648 | -1,215 | -960 | -1,439 | -1,969 | -3,624 | -9,378 | -1,695 | -2,475 |
Cash flows from financing activities | ||||||||||||||||
Proceeds from issuance of shares related to employee stock option and purchase plans | ||||||||||||||||
1,010 | 1,605 | 1,277 | 543 | 2,178 | 188 | 1,650 | 1,425 | 1,562 | 3,008 | 97 | 498 | 441 | 375 | 23 | 1,375 | 820 |
Proceeds from exercise of warrants | ||||||||||||||||
- | 0 | 0 | 0 | 500 | - | - | - | - | - | - | - | - | - | - | - | - |
Repayment of capital lease obligations | ||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | -1 | 51 | 50 | 48 |
Net cash generated from financing activities | ||||||||||||||||
1,010 | 1,310 | 244,290 | 543 | 2,678 | 14,844 | 1,639 | 139,916 | 1,562 | 89,038 | 97 | 498 | 441 | 376 | -28 | 1,325 | 772 |
Currency effect on cash, cash equivalents and restricted cash | ||||||||||||||||
-943 | 1,309 | -972 | 192 | -635 | -756 | -360 | -3,068 | 1,997 | 672 | 1,720 | 3,934 | 980 | -5,548 | 1,071 | -2,635 | 5,483 |
Net increase in cash, cash equivalents and restricted cash | ||||||||||||||||
-35,776 | -25,351 | 219,042 | -24,682 | -25,625 | -4,658 | -19,638 | 118,316 | -18,529 | 70,448 | -14,563 | -16,142 | -12,216 | -24,470 | -26,381 | -25,748 | -11,946 |
Supplemental cash flow disclosures: | ||||||||||||||||
Cash paid for interest | ||||||||||||||||
780 | -5,447 | 786 | 793 | 751 | 643 | 647 | 442 | 409 | 494 | 290 | 427 | 413 | 751 | 476 | 597 | 521 |
Non-cash increases (decreases) in accounts payables related to purchases of intangible assets and property, plant and equipment | ||||||||||||||||
- | - | - | - | - | - | - | - | - | 78 | -527 | -159 | -949 | 346 | -1,390 | 2,068 | 150 |