XML 18 R6.htm IDEA: XBRL DOCUMENT v3.5.0.2
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities:    
Net loss $ (10,355) $ (9,121)
Adjustments to reconcile net loss to net cash used in operations:    
Depreciation and amortization 1,871 2,028
Stock-based compensation expense 999 1,128
Impairment of minority interest investment 0 746
Provision for excess and obsolete inventory 272 602
Write-off prepaid taxes 0 820
Loss from minority interest investment 0 356
Change in fair value of derivatives and warrants 678 (800)
Non-cash interest expense 56 111
Other non-cash items (307) 553
Changes in operating asset and liability accounts:    
Accounts receivable 12,192 1,414
Inventory (10,750) 2,968
Prepaid expenses and other current assets 1,555 271
Accounts payable and accrued expenses 1,650 (3,024)
Deferred revenue 79 (1,087)
Net cash used in operating activities (2,060) (3,035)
Cash flows from investing activities:    
Purchase of property, plant and equipment (281) (197)
Proceeds from the sale of property, plant and equipment 15 7
Change in restricted cash 16 (4)
Change in other assets (21) 130
Net cash used in investing activities (271) (64)
Cash flows from financing activities:    
Employee taxes paid related to net settlement of equity awards (461) (98)
Repayment of debt (1,000) (1,000)
Proceeds from public equity offering, net 0 22,281
Net cash (used in) / provided by financing activities (1,461) 21,183
Effect of exchange rate changes on cash and cash equivalents (327) (13)
Net (decrease) / increase in cash and cash equivalents (4,119) 18,071
Cash and cash equivalents at beginning of period 39,330 20,490
Cash and cash equivalents at end of period 35,211 38,561
Supplemental schedule of cash flow information:    
Cash paid for income taxes, net of refunds 112 329
Issuance of common stock to settle liabilities 107 107
Cash paid for interest $ 108 $ 220