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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (10,713) $ (41,168)
Reconciliation of net loss to net cash (used in) provided by operating activities:    
Depreciation of fixed assets and leases 363 1,972
Provision for bad debt 295 236
Provision for write down of inventory 759 1,931
Stock based compensation 210 658
(Accretion) amortization of debt costs and debt discount/premium (365) 3,871
Amortization of intangible assets 1,195 1,368
Non cash lease expense 173 209
Foreign currency exchange (gain)/loss 1,307 (528)
Loss on impairment of intangible assets 24 8,373
Non cash interest expense 6,223 6,171
Gain on debt restructuring (22,439) 0
Inducement loss 1,889 0
Change in the fair value of derivative liabilities 3,186 5,849
Changes in operating assets and liabilities:    
Accounts receivable 1,165 6,510
Inventories 5,732 (11,130)
Prepaid expenses, other current receivables, and assets 1,385 294
Accounts payable and accrued expenses (8,156) 4,447
Operating liabilities (216) (206)
Customer deposits 568 0
Net cash used in operating activities (17,415) (11,143)
Cash flows from investing activities:    
Capital expenditures (229) (2,369)
Net cash used in investing activities (229) (2,369)
Cash flows from financing activities:    
Proceeds from Term Loan 2023 1,465 0
Proceeds from ATM 36,920 0
Debt issuance costs (3,986) 0
Government grant advance 0 3,378
Principal paid on lease obligation (7) (7)
Net cash provided by financing activities 34,392 3,371
Effect of exchange rate on cash and cash equivalents (68) 484
Net increase (decrease) in cash, cash equivalents and restricted cash 16,680 (9,657)
Cash, cash equivalents and restricted cash at beginning of period 6,712 16,182
Cash, cash equivalents and restricted cash at end of period 23,392 6,525
Supplemental Cash flow information:    
Cash payments for interest 883 2,352
Cash payments for income taxes 61 34
Non-cash operating, investing and financing transactions:    
Acquisition of capital expenditures in accounts payable and accrued expenses 46 215
Capitalized stock compensation in capital expenditures 0 9
Issuance of Series D preferred stock $ 15,374 $ 0