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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2020
Jun. 30, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:              
Net loss $ 153,095 $ (3,590,233) $ (5,661,350) $ (3,422,000) $ (3,437,138) $ (9,083,350)  
Adjustments to reconcile net loss to net cash flows provided by operating activities:              
Provision for loss/(gains) on accounts receivable         6,631 (2,520)  
Loss on disposal of equipment         35,855 684  
Share-based compensation         4,464,116 2,630,180  
Inventory obsolescence         151,123 105,170  
Depreciation and amortization         9,893,912 7,643,452  
Amortization of deferred financing costs and loan discount         691,467 72,294  
Changes in operating assets and liabilities:              
Accounts receivable         (4,077,138) (7,027,205)  
Inventories         (6,301,848) (4,013,770)  
Prepaid expenses and other current assets         10,181,434 (177,392)  
Operating lease right of use         463,833 (177,249)  
Other assets         (211,754) (44,498)  
Accounts payable         (3,430,173) (158,556)  
Accrued expenses         (13,147,335) (31,969)  
Other lease liabilities         (400,784) 229,194  
Other current liabilities         0 200,000  
Net cash flows used in operating activities         (5,117,799) (9,835,535)  
CASH FLOWS FROM INVESTING ACTIVITIES:              
Purchase of short-term investments         (20,001,196) 0  
Acquisitions of property, plant and equipment, software and deposits on equipment         (73,250,757) (22,888,753)  
Net cash flows used in investing activities         (93,251,953) (22,888,753)  
CASH FLOWS FROM FINANCING ACTIVITIES:              
Proceeds from common shares issued in primary offering, net of issuance cost         252,062,253 0  
Proceeds from exercise of options to purchase common stock         2,090,536 3,775,548  
Tax withholdings related to net shares settlements of restricted stock units         (1,636,296) (1,252,953)  
Proceeds from borrowings under Credit Facilities         20,933,000 35,307,000  
Repayment of borrowings under Credit Facilities         (76,000,000) (7,500,000)  
Financing fees paid in connection with borrowings         (823,532) (406,859)  
Net cash flows provided by financing activities         196,625,961 29,922,736  
NET CHANGE IN CASH AND CASH EQUIVALENTS         98,256,209 (2,801,552)  
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR   $ 9,471,676   $ 7,554,388 9,471,676 7,554,388 $ 7,554,388
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 107,727,885   $ 4,752,836   107,727,885 4,752,836 $ 9,471,676
SUPPLEMENTAL CASH FLOW INFORMATION:              
Interest paid         789,417 165,844  
NON-CASH FINANCING AND INVESTING ACTIVITIES:              
Property, plant and equipment purchases in accounts payable         $ 1,427,123 $ 7,662,437