| Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 | Dec'14 | Sep'14 |
|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
CASH FLOWS FROM OPERATING ACTIVITIES: | |||||||||
Net (loss) income | |||||||||
-63,944 | -59,609 | -53,190 | 10,695 | 10,197 | 9,912 | 8,679 | 0 | 0 | 0 |
Adjustments to reconcile net income to cash provided by operating activities: | |||||||||
Depreciation | |||||||||
1,237 | 1,692 | 2,114 | 2,208 | 2,075 | 1,906 | 1,697 | 0 | 0 | 0 |
Amortization | |||||||||
65 | 78 | 103 | 101 | 90 | 79 | 55 | 0 | 0 | 0 |
Deferred tax benefit | |||||||||
-70 | 48 | 92 | -293 | -343 | -256 | -328 | 0 | 0 | 0 |
Change in fair value of warrant liabilities | |||||||||
-317 | -35 | -409 | 0 | 0 | 0 | - | - | - | 0 |
Stock based compensation expenses | |||||||||
489 | 449 | 534 | 419 | 145 | 135 | 0 | 0 | 0 | 0 |
Allowance for doubtful accounts | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Impairment loss on fixed assets & CIP | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Change in operating assets and liabilities | |||||||||
Accounts receivable | |||||||||
633 | 1,369 | 1,124 | 6,912 | -439 | 2,675 | 4,089 | 0 | 0 | 0 |
Deposits and other receivables | |||||||||
516 | 150 | -397 | -1,036 | -1,055 | -701 | -330 | 0 | 0 | 0 |
Inventories | |||||||||
-236 | 418 | 30 | 81 | -41 | 141 | -60 | 0 | 0 | 0 |
Advances to suppliers | |||||||||
-238 | -195 | -212 | -100 | 593 | 49 | 52 | 0 | 0 | 0 |
Prepaid expense and other | |||||||||
0 | 0 | - | 0 | 0 | 0 | - | 0 | 0 | 0 |
Other receivables - related parties | |||||||||
- | 0 | - | - | - | 0 | - | - | - | - |
Other receivables - related party | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Accounts payable, trade | |||||||||
755 | -776 | 127 | -565 | 198 | -549 | -107 | 0 | 0 | 0 |
Other payables and accrued liabilities | |||||||||
4,695 | 4,370 | 3,185 | 533 | 1,073 | 473 | 1,239 | 0 | 0 | 0 |
Payroll payable | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Other payables - related parties | |||||||||
- | 0 | - | - | - | 0 | - | - | - | - |
Other payables - related parties | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Customer deposits | |||||||||
5,135 | 4,498 | 2,656 | 525 | 11 | -356 | -403 | 0 | 0 | 0 |
Taxes payable | |||||||||
-406 | -154 | 504 | 1,444 | 1,072 | 885 | -23 | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Net cash provided by operating activities | |||||||||
0 | 10,585 | - | 0 | 0 | 8,113 | - | 0 | 0 | 0 |
CASH FLOWS FROM INVESTING ACTIVITIES: | |||||||||
Payment for equipment and construction in progress | |||||||||
21,927 | 21,719 | 20,375 | 487 | 506 | 484 | 514 | 0 | 0 | 0 |
Prepayments for construction-in-progress | |||||||||
16,189 | 16,175 | 16,244 | 81 | 137 | 697 | 1,500 | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Net cash used in investing activities | |||||||||
0 | -37,874 | - | 0 | 0 | -1,164 | - | 0 | 0 | 0 |
CASH FLOWS FROM FINANCING ACTIVITIES: | |||||||||
Proceeds from short-term loans - bank | |||||||||
-779 | -830 | 4,197 | 6,830 | 6,286 | 7,965 | 4,479 | 0 | 0 | 0 |
Payments of short-term loan - bank | |||||||||
772 | 720 | 5,907 | 7,165 | 6,817 | 8,594 | 4,316 | 0 | 0 | 0 |
Proceeds from (payments to) related parties | |||||||||
1,520 | 1,349 | 1,416 | -6,549 | -6,757 | -8,454 | -6,522 | 0 | 0 | 0 |
Principal payments on capital lease obligations | |||||||||
66 | 281 | 593 | 0 | 0 | 0 | - | - | - | - |
Principal payments on capital lease obligations | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from issuance of IPO shares, net | |||||||||
0 | 0 | 11,510 | 11,510 | 11,510 | 11,510 | 0 | 0 | 0 | 0 |
Net cash provided by (used in) financing activities | |||||||||
0 | -482 | - | 0 | 0 | 1,215 | - | 0 | 0 | 0 |
EFFECT OF EXCHANGE RATE ON CASH | |||||||||
62 | -387 | -1,035 | -964 | -1,472 | -904 | 128 | 0 | 0 | 0 |
CHANGES IN CASH AND CASH EQUIVALENTS | |||||||||
-27,752 | -28,160 | -13,735 | 15,771 | 21,675 | 7,259 | -3,262 | 0 | 0 | 0 |
SUPPLEMENTAL CASH FLOW INFORMATION: | |||||||||
Cash paid for income tax | |||||||||
1,162 | 1,893 | 2,596 | 3,109 | 3,167 | 3,146 | 3,195 | 0 | 0 | 0 |
Cash paid for interest | |||||||||
77 | 18 | 196 | 380 | 535 | 916 | 1,066 | 0 | 0 | 0 |
NON-CASH INVESTING AND FINANCING ACTIVITIES | |||||||||
Reclassification of construction-in-progress from prepayments-construction | |||||||||
488 | 483 | 675 | 1,134 | 705 | 735 | 3,266 | 0 | 0 | 0 |
Additions to fixed assets and construction-in-progress through other payables | |||||||||
89 | 52 | 853 | 2,580 | 2,508 | 2,575 | 2,333 | 0 | 0 | 0 |
Repayments from related parties offset with other payable-related parties | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Acquisition of machinery and equipment by capital leases | |||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 |
Conversion of shareholders' debt to 1,593,538 ordinary shares | |||||||||
0 | 0 | 9,959 | 9,959 | 9,959 | 9,959 | 0 | 0 | 0 | 0 |
Issuance of ordinary shares for deferred compensation | |||||||||
92 | 120 | 75 | 152 | 20 | 30 | 0 | 0 | 0 | 0 |
Valuation of 112,500 warrants allocated to warrant liabilities from additional paid-in capital | |||||||||
0 | 0 | 475 | 475 | 475 | 475 | 0 | 0 | 0 | 0 |
Reclassification of payables for litigations from other payables - related parties | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Other receivable-related parties offset with other payable-related parties | |||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - |
Reclassification of payables for litigations from other payables - related parties | |||||||||
- | - | - | - | - | - | - | 0 | 0 | 0 |