| Jun'17 | Jun'16 | Jun'15 | Jun'14 | |||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net (loss) income | ||||||
-7,429 | -53,190 | 8,679 | 10,692 | |||
Adjustments to reconcile net income to cash provided by operating activities: | ||||||
Depreciation | ||||||
632 | 2,114 | 1,697 | 1,333 | |||
Amortization | ||||||
54 | 103 | 55 | 55 | |||
Deferred tax benefit | ||||||
225 | 92 | -328 | -74 | |||
Change in fair value of warrant liabilities | ||||||
-62 | -409 | - | - | |||
Stock based compensation expenses | ||||||
162 | 534 | 0 | - | |||
Allowance for doubtful accounts | ||||||
1,995 | 4,067 | - | -126 | |||
Reserve for prepayments | ||||||
0 | 2,860 | 0 | - | |||
Impairment loss on fixed assets & CIP | ||||||
1,914 | 50,357 | 0 | - | |||
Impairment loss on intangible assets | ||||||
0 | 2,328 | 0 | - | |||
Change in operating assets and liabilities | ||||||
Accounts receivable | ||||||
1,350 | 1,124 | 4,089 | 1,076 | |||
Restricted cash | ||||||
0 | 500 | 0 | - | |||
Deposits and other receivables | ||||||
-184 | -397 | -330 | 246 | |||
Inventories | ||||||
-147 | 30 | -60 | 106 | |||
Advances to suppliers | ||||||
43 | -212 | 52 | -10 | |||
Prepaid expense | ||||||
-24 | -209 | 300 | -51 | |||
Accounts payable, trade | ||||||
623 | 127 | -107 | 293 | |||
Other payables and accrued liabilities | ||||||
2,984 | 3,185 | 1,239 | 322 | |||
Customer deposits | ||||||
1,919 | 2,656 | -403 | 378 | |||
Taxes payable | ||||||
-150 | 504 | -23 | 135 | |||
Net cash provided by operating activities | ||||||
1,549 | 13,275 | 6,200 | - | |||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Net cash provided by operating activities | ||||||
- | - | - | 12,113 | |||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Payment for equipment and construction in progress | ||||||
1,923 | 20,375 | 514 | 133 | |||
Proceeds from disposal of equipment | ||||||
0 | 20 | 0 | - | |||
Prepayments for construction-in-progress | ||||||
5 | 16,244 | 1,500 | 708 | |||
Repayments from related parties | ||||||
0 | 0 | -26 | - | |||
Payment for land use rights | ||||||
0 | 0 | 9 | 108 | |||
Net cash (used in) investing activities | ||||||
-1,928 | -36,600 | -1,998 | - | |||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Repayments from related parties | ||||||
- | - | - | 2,603 | |||
Net cash used in investing activities | ||||||
- | - | - | 1,652 | |||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from notes payable | ||||||
- | - | - | 1,628 | |||
Payments of note payable | ||||||
- | - | - | 1,628 | |||
Proceeds from short-term loans - bank | ||||||
0 | 4,197 | 4,479 | 5,470 | |||
Payments of short-term loan - bank | ||||||
17 | 5,907 | 4,316 | 6,902 | |||
Proceeds from (payments to) related parties | ||||||
-433 | 1,416 | -6,522 | 1,858 | |||
Principal payments on capital lease obligations | ||||||
0 | 593 | 1,234 | - | |||
Principal payments on capital lease obligations | ||||||
- | - | - | -248 | |||
Proceeds from issuance of IPO shares, net | ||||||
0 | 11,510 | 0 | - | |||
Net cash provided by (used in) financing activities | ||||||
-450 | 10,624 | -7,593 | - | |||
Net cash provided by (used in) financing activities | ||||||
- | - | - | 176 | |||
EFFECT OF EXCHANGE RATE ON CASH | ||||||
-90 | -1,035 | 128 | -2 | |||
CHANGES IN CASH AND CASH EQUIVALENTS | ||||||
-920 | -13,735 | -3,262 | 13,940 | |||
SUPPLEMENTAL CASH FLOW INFORMATION: | ||||||
Cash paid for income tax | ||||||
547 | 2,596 | 3,195 | 3,180 | |||
Cash paid for interest | ||||||
0 | 196 | 1,066 | 1,217 | |||
NON-CASH INVESTING AND FINANCING ACTIVITIES | ||||||
Reclassification of construction-in-progress from prepayments-construction | ||||||
0 | 675 | 3,266 | 24,165 | |||
Additions to fixed assets and construction-in-progress through other payables | ||||||
0 | 853 | 2,333 | 0 | |||
Acquisition of machinery, equipment and intangible asset by capital leases | ||||||
0 | 294 | 4,281 | - | |||
Repayments from related parties offset with other payable-related parties | ||||||
0 | 0 | 912 | - | |||
Acquisition of machinery and equipment by capital leases | ||||||
- | - | - | 203 | |||
Reclassification of intangible assets from prepayment-land use rights | ||||||
0 | 0 | 379 | - | |||
Conversion of shareholders' debt to 1,593,538 ordinary shares | ||||||
0 | 9,959 | 0 | - | |||
Issuance of ordinary shares for deferred compensation | ||||||
37 | 75 | 0 | - | |||
Valuation of 112,500 warrants allocated to warrant liabilities from additional paid-in capital | ||||||
0 | 475 | 0 | - | |||
Reclassification of payables for litigations from other payables - related parties | ||||||
0 | 177 | 0 | - | |||
Other receivable-related parties offset with other payable-related parties | ||||||
-463 | 229 | 0 | - | |||
Reclassification of payables for litigations from other payables - related parties | ||||||
- | - | - | 0 | |||