| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net loss | ||||||||
-231,000 | -93,000 | -139,000 | -142,000 | -148,000 | -119,000 | -72,000 | -66,000 | -37,000 |
Adjustments to reconcile net loss to net cash (used in) / provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
23,000 | 25,000 | 30,000 | 31,000 | 29,000 | 29,000 | 27,000 | 27,000 | 28,000 |
Gain on divestitures | ||||||||
-77,000 | - | - | - | 0 | - | - | - | - |
Assets impairment charge | ||||||||
144,000 | - | - | - | 0 | - | - | - | - |
Undistributed loss from equity method investments | ||||||||
-18,000 | -20,000 | -15,000 | -18,000 | -17,000 | -18,000 | -15,000 | -16,000 | -14,000 |
Stock-based compensation | ||||||||
2,000 | 0 | 2,000 | 3,000 | 0 | 5,000 | -2,000 | 1,000 | 1,000 |
Contingent consideration write-down | ||||||||
- | - | - | - | - | 0 | 0 | 0 | -14,000 |
Deferred income taxes | ||||||||
0 | 1,000 | -3,000 | -7,000 | 3,000 | 15,000 | 0 | 1,000 | -1,000 |
Other, net | ||||||||
4,000 | 4,000 | 12,000 | 2,000 | -7,000 | -20,000 | 20,000 | 21,000 | 8,000 |
Change in operating assets and liabilities: | ||||||||
Receivables, gross | ||||||||
-36,000 | 5,000 | 1,000 | -42,000 | -7,000 | -45,000 | 1,000 | -76,000 | 62,000 |
Accrued expenses | ||||||||
17,000 | -23,000 | 27,000 | -7,000 | 22,000 | -47,000 | 26,000 | 25,000 | 0 |
Related party receivables and payables, net | ||||||||
-4,000 | 72,000 | 7,000 | -37,000 | -7,000 | -104,000 | 27,000 | 32,000 | -1,000 |
Accounts payable | ||||||||
9,000 | -38,000 | 47,000 | -32,000 | -33,000 | 10,000 | 62,000 | -62,000 | 0 |
Prepaid expenses | ||||||||
-21,000 | - | 4,000 | 0 | 6,000 | - | - | - | - |
Inventories, gross | ||||||||
-7,000 | -4,000 | 8,000 | -12,000 | 3,000 | 6,000 | 10,000 | 5,000 | 1,000 |
Prepaid expenses and contract assets | ||||||||
- | - | - | - | - | - | - | - | 0 |
Income taxes | ||||||||
20,000 | - | 0 | 2,000 | -2,000 | - | -2,000 | -30,000 | 1,000 |
Other current assets and liabilities, net | ||||||||
-2,000 | -13,000 | 8,000 | 25,000 | -10,000 | -28,000 | 2,000 | 20,000 | 0 |
Net cash used in operating activities | ||||||||
-9,000 | -104,000 | -61,000 | -70,000 | -90,000 | 2,000 | -17,000 | -85,000 | -79,000 |
Investing activities | ||||||||
Proceeds from divestiture of businesses | ||||||||
176,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,000 |
Proceeds from sale of property, plant and equipment | ||||||||
- | - | - | - | - | 1,000 | -1,000 | 2,000 | 2,000 |
Capital expenditures | ||||||||
27,000 | 45,000 | 59,000 | 50,000 | 59,000 | 65,000 | 52,000 | 40,000 | 31,000 |
Equity method investment | ||||||||
16,000 | 26,000 | 21,000 | 11,000 | 0 | 0 | 0 | 0 | 71,000 |
Short-term investments mature into cash | ||||||||
0 | 10,000 | -10,000 | 10,000 | -5,000 | 0 | 5,000 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||
133,000 | -67,000 | -79,000 | -65,000 | -54,000 | -65,000 | -58,000 | -37,000 | -25,000 |
Financing activities | ||||||||
Dividend paid to non-controlling interest | ||||||||
5,000 | 0 | 0 | 0 | 0 | 19,000 | 0 | 168,000 | 107,000 |
(Payments for) proceeds from long-term debt | ||||||||
1,000 | - | - | - | 1,000 | - | - | - | - |
Net increase / (decrease) in related party short-term debt | ||||||||
1,000 | - | - | - | 0 | - | - | - | - |
Proceeds from short-term debt | ||||||||
- | - | - | - | - | 0 | 0 | -23,000 | 23,000 |
Net increase in related party short-term debt | ||||||||
0 | - | -1,000 | 1,000 | 1,000 | - | - | - | - |
Net increase / (decrease) in related party short-term debt | ||||||||
- | - | - | - | - | 98,000 | 0 | -23,000 | -26,000 |
Net increase in debt | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash provided by (used in) financing activities | ||||||||
-7,000 | 2,000 | 5,000 | 627,000 | 2,000 | 20,000 | 0 | 1,102,000 | 104,000 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
-6,000 | 1,000 | -7,000 | -3,000 | -7,000 | -12,000 | 14,000 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | ||||||||
111,000 | -168,000 | -142,000 | 489,000 | -149,000 | -55,000 | -61,000 | 980,000 | 0 |