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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Operating activities:      
Net loss $ (8,137) $ (17,286) $ (19,566)
Adjustments to reconcile net loss to net cash used for operating activities:      
Depreciation and amortization 1,426 1,612 1,886
Impairment of intangible asset 0 0 2,638
Stock compensation expense 7,223 2,680 2,499
Change in fair value of warrants 2,524 257 0
Loss on extinguishment of debt 838 860 0
Foreign currency translation loss 51 37 5
Gain (loss) on sale of fixed assets 22 (115) 0
Amortization of premiums and discounts on marketable securities (327) 0 0
Changes in operating assets and liabilities:      
Inventory 235 (305) (2,108)
Deferred rent (247) 785 1,568
Accounts receivable (5,184) (1,177) (6,174)
Prepaid and other current assets (1,267) (261) (701)
Accounts payable 899 (1,361) (1,076)
Accrued expenses 1,493 1,050 920
Other non-current assets and liabilities, net 39 41 217
Net cash used for operating activities (412) (13,183) (19,892)
Investing activities:      
Purchases of short term investments (66,549) 0 0
Sales and maturities of short term investments 2,200 0 0
Expenditures for property, plant and equipment (2,678) (1,510) (1,415)
Net cash used for investing activities (67,027) (1,510) (1,415)
Financing activities:      
Net proceeds from equity offering 70,028 0 0
Net proceeds from issuance of common stock 4,361 8,220 19,455
Deferred financing costs 0 (30) (213)
Proceeds from exercise of warrants 2,716 4,010 0
Borrowings under revolving and term loan credit agreements 0 14,793 12,710
Warrants issued in connection with debt arrangement 0 207 190
Payments on term loan credit agreement 0 (889) (2,400)
Payments on long-term debt (17,532) (7,151) (38)
Fee on long-term debt (710) (583) 0
Net cash provided by (used in) financing activities 58,863 18,577 29,704
Net increase (decrease) in cash (8,576) 3,884 8,397
Cash at beginning of period 26,862 22,978 14,581
Cash at end of period 18,286 26,862 22,978
Supplemental cash flow information (non-cash):      
Shares exchanged between common and preferred stock 0 38,389 3,150
Additions to equipment in process included in accounts payable $ 606 $ 341 $ 18