| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 |
|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||
Net loss | ||||||||
- | - | - | -14,598 | -25,865 | -21,843 | - | - | - |
Net loss | ||||||||
-15,095 | -12,667 | -20,017 | - | - | - | -6,317 | -9,688 | -7,617 |
Adjustments to reconcile net loss to net cash used for operations: | ||||||||
Depreciation and amortization | ||||||||
4,581 | 5,503 | 6,278 | 5,659 | 5,227 | 4,520 | 2,372 | 1,683 | - |
Depreciation | ||||||||
- | - | - | - | - | - | - | - | 1,170 |
Equity-based compensation | ||||||||
1,416 | 968 | 2,456 | 1,463 | 1,725 | 1,206 | 711 | 7,735 | 0 |
Amortization of debt issuance costs | ||||||||
93 | 75 | 6 | 210 | 18 | 7 | - | - | - |
Provision (recoveries) for bad debts ̶ net | ||||||||
279 | 58 | -64 | -327 | -254 | 2,391 | 152 | - | - |
Provision for slow-moving, obsolete and lower of cost or net realizable value inventories ̶ net | ||||||||
292 | 1,022 | 2,056 | -5 | 553 | - | - | - | - |
Foreign exchange (gains) losses on intercompany transactions ̶ net | ||||||||
-63 | -68 | - | - | - | - | - | - | - |
Gain from disposal of property and equipment ̶ net | ||||||||
147 | 51 | 325 | -186 | -87 | 0 | 0 | - | - |
Deferred income taxes | ||||||||
-199 | - | 1 | -29 | -268 | -131 | 0 | - | - |
Provision for bad debts | ||||||||
- | - | - | - | - | - | - | 40 | - |
Changes in fair value of contingent consideration | ||||||||
- | - | - | - | -193 | -185 | 0 | - | - |
Goodwill impairment | ||||||||
- | - | - | 0 | 4,419 | 0 | 0 | - | - |
Changes in assets and liabilities, excluding effects of foreign currency translation adjustments: | ||||||||
Decrease in accounts receivable | ||||||||
-2 | -1,452 | 1,733 | -3,316 | -4,567 | 7,162 | 823 | 7,117 | -1,240 |
(Increase) decrease in net investment in sales-type leases | ||||||||
-269 | -185 | - | - | - | - | - | - | - |
Increase in inventories | ||||||||
5,713 | 3,441 | -357 | -2,502 | 8,574 | 9,098 | 8,083 | 4,691 | 1,368 |
Increase in prepaid expenses and other assets | ||||||||
632 | 335 | 856 | -1,024 | -685 | 384 | 4,334 | 338 | 438 |
Decrease in accounts payable | ||||||||
1,514 | 195 | 2,017 | -1,281 | 1,654 | -97 | -1,100 | 1,575 | -213 |
Decrease in accrued expenses and other liabilities | ||||||||
-1,308 | 181 | 445 | -1,211 | -823 | 1,861 | 937 | 1,528 | 951 |
Increase in contract liabilities | ||||||||
9,281 | -4,988 | - | - | - | - | - | - | - |
Decrease in deferred revenue and customer prepayments | ||||||||
- | - | -294 | 439 | 6,320 | -17 | -3,707 | -404 | 3,839 |
Net cash (used for) provided by operating activities | ||||||||
- | - | - | -2,652 | -10,722 | -28,932 | -20,192 | -9,677 | - |
Net cash used for operating activities | ||||||||
-5,304 | -11,775 | -9,673 | - | - | - | - | - | -2,436 |
Investing activities | ||||||||
Capital expenditures | ||||||||
666 | 1,327 | 987 | 1,347 | 4,938 | 23,081 | 19,311 | 1,858 | 1,080 |
Proceeds from sale of property and equipment | ||||||||
3,186 | 98 | 3,706 | 75 | 190 | 0 | 0 | - | - |
Acquisitions, net of cash acquired of $201 | ||||||||
- | - | - | - | - | 9,155 | 0 | - | - |
Increase in restricted cash | ||||||||
- | - | - | - | - | - | 0 | - | - |
Cash effect of deconsolidation of noncontrolling interests in variable interest entities | ||||||||
- | - | - | - | - | - | 2,327 | - | - |
Net cash used for investing activities | ||||||||
- | - | - | -1,272 | -4,748 | -32,236 | -21,638 | -1,858 | - |
Net proceeds from issuance of common stock ? registered direct offering to a related party | ||||||||
- | - | - | 12,447 | 0 | 0 | - | - | - |
Net cash provided by (used for) investing activities | ||||||||
2,520 | -1,229 | 2,719 | - | - | - | - | - | -1,080 |
Financing activities | ||||||||
Proceeds from related party revolving credit facility | ||||||||
4,000 | - | - | - | - | - | - | - | - |
Payments on related party revolving credit facility | ||||||||
4,000 | - | - | - | - | - | - | - | - |
Net proceeds from issuance of common stock - initial public offering | ||||||||
- | - | - | - | - | - | 91,083 | - | - |
Net proceeds from issuance of common stock ? at the market offerings | ||||||||
- | - | - | 595 | 0 | 0 | 64,948 | - | 0 |
Proceeds from long-term debt | ||||||||
- | - | - | - | - | - | - | 1,194 | 2,398 |
Payments on long-term debt | ||||||||
149 | 142 | - | - | - | - | - | - | - |
Payments on capital leases | ||||||||
- | - | 78 | 82 | 323 | 545 | 2,162 | 437 | 0 |
Proceeds from exercise of employee stock options | ||||||||
289 | 529 | 147 | - | 0 | 333 | 0 | - | - |
Proceeds from financing leases | ||||||||
- | - | - | - | - | - | - | 3,513 | 0 |
Payments on long-term debt | ||||||||
- | - | 137 | 138 | 132 | 465 | 5,488 | 1,626 | 808 |
Taxes related to the net share settlement of equity-based awards | ||||||||
68 | - | - | - | - | - | - | - | - |
Debt issuance costs | ||||||||
- | 265 | - | - | - | - | - | - | - |
Other | ||||||||
-13 | -17 | - | - | - | - | - | - | - |
Contribution from noncontrolling interests | ||||||||
- | - | - | - | - | - | - | - | 402 |
Net cash (used for) provided by financing activities | ||||||||
59 | 105 | -68 | - | - | - | - | - | 5,931 |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||
-172 | -139 | 1,045 | - | - | - | - | - | - |
Net change in cash, cash equivalents, and restricted cash | ||||||||
-2,897 | -13,038 | -5,977 | - | - | - | - | - | - |
Deferred financing costs | ||||||||
- | - | - | - | 215 | 0 | 0 | 712 | 0 |
Net change in line of credit borrowings | ||||||||
- | - | - | - | - | - | -528 | 528 | 0 |
Net change in demand note payable to member | ||||||||
- | - | - | - | - | - | -9,885 | 8,629 | 3,939 |
Payment of preferred stock dividends | ||||||||
- | - | - | - | - | - | 456 | - | 0 |
Deferred financing costs | ||||||||
- | - | - | - | - | - | - | 78 | 0 |
Net cash used for financing activities | ||||||||
- | - | - | 12,822 | -670 | -677 | 137,512 | 11,011 | - |
Effect of exchange rate changes on cash, cash equivalents, and restricted cash | ||||||||
- | - | - | -415 | -390 | -398 | - | - | - |
Net change in cash, cash equivalents, and restricted cash | ||||||||
- | - | - | 8,483 | -16,530 | -62,243 | - | - | - |
Supplemental disclosure of cash flow information | ||||||||
Cash paid for interest | ||||||||
222 | 169 | 87 | 88 | 122 | 144 | 310 | 407 | 174 |
Cash paid for income taxes | ||||||||
199 | 103 | 5 | - | 0 | 916 | 1,334 | 1,354 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||
- | - | - | - | - | - | -39 | -170 | 60 |
Net change in cash and cash equivalents | ||||||||
- | - | - | - | - | - | 95,643 | -694 | 2,475 |
Supplemental disclosure of noncash investing and financing activities | ||||||||
Transfer of internally developed 3D printing machines from inventories to property and equipment for internal use or leasing activities | ||||||||
2,572 | 2,194 | 2,868 | 2,829 | 4,749 | 5,344 | 3,338 | 2,001 | 0 |
Transfer of internally developed 3D printing machines from property and equipment to inventories for sale | ||||||||
1,206 | 1,042 | 3,042 | 1,737 | 956 | 1,287 | 534 | 336 | 0 |
Property and equipment included in accounts payable | ||||||||
71 | 79 | 64 | 117 | 0 | 819 | 0 | - | - |
Property and equipment reclassified as assets held for sale | ||||||||
- | 822 | - | - | - | - | - | - | - |
Property and equipment included in accrued expenses and other current liabilities | ||||||||
- | - | 108 | - | 0 | - | - | - | - |
Property and equipment acquired through financing arrangements | ||||||||
- | 14 | 48 | - | 0 | 89 | 282 | 2,700 | 0 |
Net assets acquired through acquisitions, net of cash acquired of $201 | ||||||||
- | - | - | - | - | 9,530 | 0 | - | - |
Noncash consideration for acquisitions | ||||||||
- | - | - | - | - | 375 | 0 | - | - |
Conversion of preferred stock dividends payable and accrued interest to principal amounts due under demand note payable to member | ||||||||
- | - | - | - | - | - | 1,219 | 37 | 0 |
Noncash effect of Reorganization of The Ex One Company, LLC with and into The ExOne Company | ||||||||
- | - | - | - | - | - | 2,371 | - | - |
Noncash effect of deconsolidation of noncontrolling interests in variable interest entities | ||||||||
- | - | - | - | - | - | 397 | - | - |
Reorganization of The Ex One Company, LLC with and into The ExOne Company (Note 1) | ||||||||
- | - | - | - | - | - | - | - | 0 |
Noncash effect of deconsolidation of noncontrolling interests in variable interest entities (Note 3) | ||||||||
- | - | - | - | - | - | - | - | 0 |
Reclassification of redeemable preferred units to preferred units | ||||||||
- | - | - | - | - | - | - | 18,984 | 0 |
Conversion of demand note payable to member to redeemable preferred units (Note 12) | ||||||||
- | - | - | - | - | - | - | - | 18,984 |