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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating activities:      
Net loss $ (66,397) $ (54,162) $ (58,452)
Adjustments to reconcile net loss to net cash used in operating activities:      
Allowance of bad debt (3) (32) 32
Inventory reserve adjustment 4,900 3,889 3,930
Depreciation and amortization 23,202 25,371 24,733
Amortization of debt issuance costs 902 865 900
Deferred income taxes, net 0 0 7,348
Loss (gain) on disposal of assets (47) 1 15
Share-based compensation 9,600 12,121 13,046
Interest for extinguishment of debt 0 (70) 0
Extinguishment of debt 0 (6,229) 0
Unrealized foreign exchange (gain) loss 1,916 645 (1,152)
Changes in operating assets and liabilities:      
Accounts receivable, trade (12,749) (7,020) (8,421)
Notes receivable 7,764 (7,585) (389)
Prepaid income tax 1 1 188
Inventories 1,150 15,786 (23,674)
Other current assets (2,406) 867 1,220
Operating right of use asset 888 848 407
Accounts payable 12,966 7,069 (3,347)
Accrued income taxes 0 1 1
Accrued liabilities 5,260 (3,092) 44
Lease liability (969) (918) (438)
Net cash used in operating activities (14,022) (11,644) (44,009)
Investing activities:      
Purchase of property, plant and equipment (3,210) (7,981) (15,795)
Proceeds from disposal of equipment 403 114 216
Deposits and prepaid for equipment (529) (2,222) (3,279)
Purchase of intangible assets (498) (457) (489)
Net cash used in investing activities (3,834) (10,546) (19,347)
Financing activities:      
Proceeds from issuance of notes payable and long-term debt, net of debt issuance costs 0 0 6,229
Principal payments of long-term debt and notes payable (7,336) (4,144) (5,233)
Proceeds from line of credit borrowings, net of debt issuance costs 143,261 122,935 95,730
Repayments of line of credit borrowings, net of debt issuance costs (131,030) (111,287) (96,006)
Proceeds from bank acceptance payable 45,666 24,622 39,958
Repayments of bank acceptance payable (40,573) (32,465) (31,338)
Proceeds from issuance of convertible senior notes, net of debt issuance costs 0 0 (18)
Principal payments of financing lease (19) (18) (17)
Exercise of stock options 0 8 13
Payments of tax withholding on behalf of employees related to share-based compensation (453) (961) (1,080)
Proceeds from common stock offering, net 1,238 15,397 39,203
Net cash provided by financing activities 10,753 14,087 47,441
Effect of exchange rate changes on cash 1,553 (876) (999)
Net decrease in cash, cash equivalents and restricted cash (5,550) (8,979) (16,914)
Cash, cash equivalents and restricted cash at beginning of period 41,136 50,115 67,029
Cash, cash equivalents and restricted cash at end of period 35,587 41,136 50,115
Supplemental disclosure of cash flow information:      
Interest 5,142 4,899 4,971
Income taxes 0 1 (364)
Non-cash investing and financing activities:      
Net change in accounts payable related to property and equipment additions (164) (4,027) (2,326)
Net change in deposits and prepaid for equipment related to property and equipment additions $ 67 $ 84 $ (64)