| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net loss | ||||||||
-605,000 | -522,000 | -548,000 | -481,000 | -405,000 | -294,000 | 0 | 0 | 0 |
Adjustments to reconcile net loss to net cash (used in) / provided by operating activities: | ||||||||
Depreciation and amortization | ||||||||
109,000 | 115,000 | 119,000 | 116,000 | 112,000 | 111,000 | 0 | 0 | 0 |
Gain on divestitures | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Assets impairment charge | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Undistributed loss from equity method investments | ||||||||
-71,000 | -70,000 | -68,000 | -68,000 | -66,000 | -63,000 | 0 | 0 | 0 |
Stock-based compensation | ||||||||
7,000 | 5,000 | 10,000 | 6,000 | 4,000 | 5,000 | 0 | 0 | 0 |
Contingent consideration write-down | ||||||||
- | - | - | - | - | -14,000 | 0 | 0 | 0 |
Deferred income taxes | ||||||||
-9,000 | -6,000 | 8,000 | 11,000 | 19,000 | 15,000 | 0 | 0 | 0 |
Other, net | ||||||||
22,000 | 11,000 | -13,000 | -5,000 | 14,000 | 29,000 | 0 | 0 | 0 |
Change in operating assets and liabilities: | ||||||||
Receivables, gross | ||||||||
-72,000 | -43,000 | -93,000 | -93,000 | -127,000 | -58,000 | 0 | 0 | 0 |
Accrued expenses | ||||||||
14,000 | 19,000 | -5,000 | -6,000 | 26,000 | 4,000 | 0 | 0 | 0 |
Related party receivables and payables, net | ||||||||
38,000 | 35,000 | -141,000 | -121,000 | -52,000 | -46,000 | 0 | 0 | 0 |
Accounts payable | ||||||||
-14,000 | -56,000 | -8,000 | 7,000 | -23,000 | 10,000 | 0 | 0 | 0 |
Prepaid expenses | ||||||||
0 | - | 0 | 0 | 0 | - | - | - | - |
Inventories, gross | ||||||||
-15,000 | -5,000 | 5,000 | 7,000 | 24,000 | 22,000 | 0 | 0 | 0 |
Prepaid expenses and contract assets | ||||||||
- | - | - | - | - | - | - | - | 0 |
Income taxes | ||||||||
0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Other current assets and liabilities, net | ||||||||
18,000 | 10,000 | -5,000 | -11,000 | -16,000 | -6,000 | 0 | 0 | 0 |
Net cash used in operating activities | ||||||||
-244,000 | -325,000 | -219,000 | -175,000 | -190,000 | -179,000 | 0 | 0 | 0 |
Investing activities | ||||||||
Proceeds from divestiture of businesses | ||||||||
176,000 | 0 | 0 | 0 | 0 | 76,000 | 0 | 0 | 0 |
Proceeds from sale of property, plant and equipment | ||||||||
- | - | - | - | - | 4,000 | 0 | 0 | 0 |
Capital expenditures | ||||||||
181,000 | 213,000 | 233,000 | 226,000 | 216,000 | 188,000 | 0 | 0 | 0 |
Equity method investment | ||||||||
74,000 | 58,000 | 32,000 | 11,000 | 0 | 71,000 | 0 | 0 | 0 |
Short-term investments mature into cash | ||||||||
10,000 | 5,000 | -5,000 | 10,000 | 0 | 5,000 | 0 | 0 | 0 |
Net cash provided by (used in) investing activities | ||||||||
-78,000 | -265,000 | -263,000 | -242,000 | -214,000 | -185,000 | 0 | 0 | 0 |
Financing activities | ||||||||
Dividend paid to non-controlling interest | ||||||||
5,000 | 0 | 19,000 | 19,000 | 187,000 | 294,000 | 0 | 0 | 0 |
(Payments for) proceeds from long-term debt | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Net increase / (decrease) in related party short-term debt | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Proceeds from short-term debt | ||||||||
- | - | - | - | - | 0 | 0 | 0 | 0 |
Net increase in related party short-term debt | ||||||||
0 | - | 0 | 0 | 0 | - | - | - | - |
Net increase / (decrease) in related party short-term debt | ||||||||
- | - | - | - | - | 49,000 | 0 | 0 | 0 |
Net increase in debt | ||||||||
- | - | - | - | - | - | - | - | 0 |
Net cash provided by (used in) financing activities | ||||||||
627,000 | 636,000 | 654,000 | 649,000 | 1,124,000 | 1,226,000 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
-15,000 | -16,000 | -29,000 | -8,000 | -5,000 | 2,000 | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | ||||||||
290,000 | 30,000 | 143,000 | 224,000 | 715,000 | 864,000 | 0 | 0 | 0 |