XML 190 R7.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (28,230) $ (19,819)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,629 1,416
Provision for doubtful accounts 971 (17)
Provision for inventory obsolescence 564 (22)
Share-based compensation 3,186 3,730
Loss from disposal of property and equipment 114 24
Unrealized foreign currency loss, net 5,647 67
Change in fair value of derivative instruments 437 (2,608)
Change in fair value of contingent consideration (299) (362)
Amortization of debt discount 797 1,731
Changes in operating assets and liabilities:    
Accounts receivable 4,150 (3,715)
Inventory (3,235) (725)
Prepaid expenses and other current assets 2,667 (234)
Other assets 4 (56)
Accounts payable (1,289) 2,413
Accrued liabilities (5) 2,709
Other liabilities (5) 407
Net cash used in operating activities (12,897) (15,061)
Cash flows from investing activities:    
Purchases of property and equipment (1,290) (4,882)
Cash used in asset acquisition (497) (767)
Cost incurred for intangible assets (495) (17)
Net cash used in investing activities (2,282) (5,666)
Cash flows from financing activities:    
Repayments on capital leases (139) (185)
Proceeds from issuance of ordinary shares, net of issuance costs 63,855 0
Proceeds from stock option exercises 374 176
Proceeds from warrant exercises 0 58
Tax payments related to shares withheld upon vesting of restricted stock (48) (91)
Net cash provided by (used in) financing activities 64,042 (42)
Effect of exchange rate changes on cash (136) 0
Net (decrease)/increase in cash 48,727 (20,769)
Cash at beginning of period 37,655 52,639
Cash at end of period 86,382 31,870
Supplemental disclosures:    
Cash paid for interest 3,464 2,724
Cash paid for income taxes 2 146
Supplemental disclosures of non-cash investing and financing activities:    
Unpaid balance for property and equipment 327 622
Assets acquired under capital leases 0 69
Equity consideration in an asset acquisition 0 337
Inventory acquired in an asset acquisition 0 1,257
Consideration payable related to asset acquisition $ 779 $ 1,277