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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ 217 $ (1,023)
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation and amortization 993 1,460
Amortization of marketable securities premium 10 18
Impairment charge on equity investee   1,068
Stock-based compensation 643 558
Loss on disposal of equipment   31
Gain from deconsolidation of a subsidiary   (175)
Loss from equity method investments, net 120 561
Changes in operating assets and liabilities:    
Accounts receivable (4,691) 153
Inventories 354 6,279
Prepaid expenses and other current assets (2,042) 517
Other assets (1,383) (766)
Accounts payable (484) (5,555)
Accrued liabilities (1,388) (5,996)
Other long-term liabilities, including royalties 1,547 7
Net cash used in operating activities (6,104) (2,863)
Cash flows from investing activities:    
Purchases of property, plant and equipment (2,139) (2,909)
Proceeds from sales and maturities of available-for-sale debt securities 720 9,800
Net cash provided by (used in) investing activities (1,419) 6,891
Cash flows from financing activities:    
Proceeds from common stock options exercised 441  
Proceeds from sale of previously consolidated subsidiary shares   366
Proceeds from short-term loan 391  
Net cash provided by financing activities 832 366
Effect of exchange rate changes on cash and cash equivalents (140) 140
Net increase (decrease) in cash and cash equivalents (6,831) 4,534
Cash and cash equivalents at the beginning of the year 26,892 16,526
Cash and cash equivalents at the end of the year $ 20,061 $ 21,060