XML 19 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
OPERATING ACTIVITIES:    
Net loss $ (16,235) $ (10,154)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 2,286 398
Share-based compensation 898 337
Amortization of lease incentive (109) (111)
Swiss pension obligation 185  
Amortization of deferred debt issue costs 228 194
Accrued preference share dividends 263 263
Change in financial liability for share warrants   (1,771)
Net change in assets and liabilities:    
Trade accounts receivable, net (204) (300)
Inventories (560) (134)
Accounts payable and accrued liabilities 1,406 (400)
Accrued compensation and benefits (152) 8
Other assets (1,247) 722
Net cash used in operating activities (13,241) (10,948)
INVESTING ACTIVITIES:    
Purchase of property and equipment (6,579) (6,894)
Net cash used in investing activities (6,579) (6,894)
FINANCING ACTIVITIES:    
Proceeds from (repayment of) finance leases (37) 177
Proceeds from issuance of ordinary shares   59
Net cash generated from (used in) financing activities (37) 236
Effect of exchange rate fluctuations on cash and cash equivalents (1,860) 1,340
Change in cash and cash equivalents (21,717) (16,266)
Beginning cash and cash equivalents 44,100 37,525
Ending cash and cash equivalents 22,383 21,259
Supplemental cash flow disclosures:    
Interest paid $ 679 $ 344