| Jul'19 | Apr'19 | Jan'19 | Oct'18 | Jul'18 | Apr'18 | Jan'18 | Oct'17 | Jul'17 | Apr'17 | Jan'17 | Oct'16 | Jul'16 | Apr'16 | Jan'16 | Oct'15 | Jul'15 | Apr'15 | Jan'15 | Oct'14 | Jul'14 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||||||||||||
Net income | ||||||||||||||||||||
-19,609 | 18,083 | 13,631 | -11,003 | -11,795 | 9,680 | 9,181 | -8,914 | -8,595 | 8,962 | 8,165 | -7,982 | -7,904 | 7,041 | 3,700 | -6,888 | -7,079 | 9,780 | 3,269 | -6,743 | -8,160 |
Adjustments to reconcile net income to net cash provided by (used in) operating activities: | ||||||||||||||||||||
Depreciation and amortization of property and equipment and intangibles | ||||||||||||||||||||
6,493 | - | - | - | 3,298 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Depreciation and amortization of property and equipment and intangibles | ||||||||||||||||||||
- | - | - | - | - | 3,553 | 3,379 | 3,154 | 3,145 | 3,071 | 3,209 | 3,216 | 3,217 | 3,238 | 2,558 | 2,465 | 2,448 | 2,462 | 2,401 | 2,294 | 2,293 |
Amortization of deferred financing costs | ||||||||||||||||||||
350 | 392 | 341 | 272 | 271 | 330 | 233 | 285 | 236 | 423 | 337 | 212 | 161 | - | - | 13 | 12 | -13 | 127 | 13 | 14 |
Stock based compensation | ||||||||||||||||||||
382 | 53 | 25 | 51 | 56 | 18 | 48 | 94 | 63 | 50 | 73 | 28 | 47 | - | - | - | - | - | - | - | - |
Amortization of original issue premium | ||||||||||||||||||||
-8 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of other liabilities | ||||||||||||||||||||
9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | - | - | - | - | - | - | - | - |
Gain on sale/leaseback | ||||||||||||||||||||
83 | - | - | - | 83 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of other liabilities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -9 | - | -9 | -9 | -9 |
Gain on sale/leaseback | ||||||||||||||||||||
- | - | - | - | - | - | 84 | 83 | 83 | - | 84 | 83 | 83 | 83 | 84 | 83 | 83 | 83 | 84 | 83 | 83 |
Changes in operating assets and liabilities: | ||||||||||||||||||||
Income tax receivable | ||||||||||||||||||||
6,454 | - | -5,574 | 4,270 | 4,587 | - | - | 5,941 | 5,727 | - | -5,346 | 5,226 | 5,176 | - | -2,415 | 4,459 | 4,520 | - | - | - | - |
Income tax receivable | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,090 | -4,356 | -5,172 |
Accounts receivable | ||||||||||||||||||||
-6,785 | 4,296 | 4,246 | -2,108 | -5,688 | 2,593 | 5,255 | -913 | -3,458 | 1,780 | 2,119 | -712 | -2,876 | 2,919 | 929 | -134 | -976 | 348 | 1,071 | -128 | -48 |
Inventory | ||||||||||||||||||||
-66 | -2,169 | 388 | 1,259 | 126 | -1,425 | 766 | 235 | 180 | -1,629 | 334 | 709 | 71 | -855 | 505 | 1,024 | 132 | -1,378 | 196 | 1,061 | 163 |
Prepaid expenses and other current liabilities | ||||||||||||||||||||
-3,352 | 6,959 | -917 | -2,195 | -2,697 | 2,708 | 3,347 | 4,385 | 358 | 952 | -1,452 | 47 | -44 | -14 | 251 | 241 | 26 | -121 | -116 | 458 | 276 |
Other assets | ||||||||||||||||||||
-2 | -486 | -425 | -487 | 716 | 1,122 | -1 | 15 | 13 | - | - | - | - | 113 | -213 | 7 | 9 | -323 | 222 | 264 | 39 |
Accounts payable and accrued expenses | ||||||||||||||||||||
2,143 | - | - | - | -1,700 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Accounts payable and accrued expenses | ||||||||||||||||||||
- | - | - | - | - | - | 7,069 | -2,604 | 1,431 | - | 873 | -2,227 | -1,247 | -5,611 | 7,229 | 4,849 | 992 | -6,215 | 4,639 | 2,708 | 113 |
Accrued salaries, wages and related taxes and benefits | ||||||||||||||||||||
-3,775 | 1,347 | 3,273 | -89 | 114 | -1,538 | 1,415 | -47 | 57 | -1,579 | 1,409 | 145 | 141 | -1,499 | 1,097 | 331 | -187 | -471 | 453 | 323 | -264 |
Unearned revenue | ||||||||||||||||||||
366 | -6,488 | 1,034 | 5,352 | 672 | -2,906 | 237 | 3,991 | 670 | -2,954 | -802 | 3,774 | 841 | -3,601 | -1,295 | 4,476 | 2,054 | -5,831 | -119 | 4,311 | 2,787 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||
-9,999 | 11,362 | 26,245 | 3,124 | -6,220 | 4,582 | 14,909 | -13,796 | -5,905 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in operating activities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -7,163 | - | 14,114 | -443 | -5,563 | 7,586 | 11,394 | -3,197 | -8,911 |
Cash flows from investing activities: | ||||||||||||||||||||
Additions to property and equipment | ||||||||||||||||||||
5,053 | 2,054 | 9,757 | 10,527 | 8,177 | 4,355 | 8,067 | 10,006 | 8,591 | 6,320 | 3,287 | 1,097 | 750 | -4,219 | 5,622 | 6,315 | 4,689 | 2,146 | 5,528 | 1,399 | 3,043 |
Additions to land held for development | ||||||||||||||||||||
7 | 5 | 6 | 6 | 6 | 27 | 6 | 9 | 9 | 14 | 10 | 9 | 8 | - | - | - | - | 27 | 27 | 27 | 28 |
Change in restricted cash | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -12,143 | -1,485 | -5,153 | - | 2,021 | 10,167 | 5,813 | 15,517 | 6,048 | 4,758 | -1,867 |
Net cash used in investing activities | ||||||||||||||||||||
-5,060 | -2,059 | -75,430 | -10,533 | -8,183 | -4,382 | -8,073 | -10,015 | -8,600 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by investing activities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 4,395 | - | -40,979 | -16,482 | -10,502 | -17,690 | -11,603 | -6,184 | -1,204 |
Cash flows from financing activities: | ||||||||||||||||||||
Payments on lines of credit | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 2,750 | 1,750 | - | - | - | - | - | - | - | - | - | - | - | - |
Borrowings on long-term debt | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 11 | 33 | -2,700 | 0 | 0 | 3,950 | - | - | - | - |
Payments on long-term debt and capital lease obligations | ||||||||||||||||||||
289 | 1,149 | 730 | 533 | 533 | 715 | 1,116 | 11,491 | 610 | -10,146 | 11,643 | 441 | 474 | 787 | 489 | 423 | 381 | 452 | 76,224 | 207 | 175 |
Distributions to stockholders | ||||||||||||||||||||
1,462 | 1,462 | 1,379 | 1,379 | 1,379 | 979 | 1,779 | 979 | 979 | - | - | - | - | 1,921 | 1,923 | 1,923 | 1,922 | - | - | - | - |
Payment of deferred financing costs | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 108 | 30 | - | - | - | - | - | - | - | - | - | - | - | - |
(Payments) borrowings on line of credit and bridge loan | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 1,750 | - | - | - | - | - | - | - | - |
Release from EB-5 investor funds held in escrow | ||||||||||||||||||||
- | - | - | - | - | - | - | - | 500 | - | - | - | 1,500 | 0 | -500 | -12,951 | -8,551 | -8,001 | -9,200 | -9,701 | -3,100 |
Net cash provided by (used in) financing activities | ||||||||||||||||||||
-1,751 | -2,646 | 67,349 | -2,092 | -1,912 | -1,654 | -2,793 | -2,453 | -3,869 | - | - | - | - | - | - | - | - | - | - | - | - |
Net (decrease) increase in cash, cash equivalents and restricted cash | ||||||||||||||||||||
-16,810 | 6,657 | 18,164 | -9,501 | -16,315 | -1,454 | 4,043 | -26,264 | -18,374 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash used in financing activities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -191 | - | 33,744 | 10,525 | 10,198 | 6,022 | 15,031 | 9,494 | 2,925 |
Net decrease in cash and cash equivalents | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 30,149 | 1,295 | -2,959 | - | 6,879 | -6,400 | -5,867 | -4,082 | 14,822 | 113 | -7,190 |
Supplemental cash flow information: | ||||||||||||||||||||
Cash paid interest, including amounts prepaid of $8,229, $8,905 and $0, respectively | ||||||||||||||||||||
934 | 9,504 | 5,292 | 62 | 48 | 8,968 | 4,319 | 5,906 | 3,206 | 6,484 | 0 | 3,749 | 3,040 | 2,656 | 2,795 | 2,752 | 2,804 | 2,774 | 4,113 | 4,449 | 4,474 |
Assets under construction included in accounts payable | ||||||||||||||||||||
1,418 | 117 | -609 | 1,052 | 353 | - | - | -545 | 583 | -400 | 0 | 242 | 700 | - | - | - | - | - | - | - | - |
Accretive dividends - Series A preferred stock | ||||||||||||||||||||
400 | - | - | - | - | 0 | 0 | 0 | 400 | - | - | - | - | - | - | - | - | - | - | - | - |
Accrued dividends, common and preferred | ||||||||||||||||||||
1,466 | 83 | 0 | 0 | 1,379 | 0 | 0 | 400 | 979 | - | - | - | - | - | - | - | - | - | - | - | - |