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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:        
Net loss $ (22,678) $ (17,096) $ (22,678) $ (17,096)
Adjustments to reconcile net loss to net cash used in operations:        
Depreciation and amortization 5,352 4,308    
Stock-based compensation expense 3,485 1,922    
Provision for excess and obsolete inventory 1,762 1,276    
Deferred income taxes (1,221) (1,714) (1,221) (1,714)
Change in fair value of contingent consideration 3,060    
Change in fair value of warrants (4,648) 4,648
Non-cash interest income (94) (308)    
Other non-cash items 272 329    
Unrealized foreign exchange loss/(gain) on cash and cash equivalents 363 (319)    
Changes in operating asset and liability accounts:        
Accounts receivable 5,193 (9,159)    
Inventory 8,106 (8,143)    
Prepaid expenses and other current assets 823 373    
Accounts payable and accrued expenses (5,047) 5,894    
Deferred revenue (8,057) 10,788    
Net cash used in operating activities (8,681) (16,497)    
Cash flows from investing activities:        
Purchase of property, plant and equipment (1,764) (3,630)    
Proceeds from the sale of property, plant and equipment 3,001    
Purchase of marketable securities (35,000)    
Sale of marketable securities 30,152    
Cash paid for acquisition, net of cash received (26,000)    
Purchase of intangible assets (1,000)    
Change in other assets 81 8    
Net cash provided by (used in) investing activities 2,469 (36,621)    
Cash flows from financing activities:        
Employee taxes paid related to net settlement of equity awards (927) (565)    
Proceeds from exercise of warrants 6,139    
Proceeds from public equity offering, net 51,477    
Proceeds from exercise of employee stock options and ESPP 278 202    
Net cash provided by financing activities 50,828 5,776    
Effect of exchange rate changes on cash, cash equivalents and restricted cash 59 8    
Net increase (decrease) in cash, cash equivalents and restricted cash 44,675 (47,334)    
Cash, cash equivalents and restricted cash at beginning of year 30,864 78,198 30,864  
Cash, cash equivalents and restricted cash at end of year 75,539 30,864 75,539 $ 30,864
Supplemental schedule of cash flow information:        
Cash paid for income taxes, net of refunds 594 3,653    
Non-cash investing and financing activities        
Issuance of common stock to settle liabilities 395 407    
Hercules [Member]        
Non-cash investing and financing activities        
Issuance of common stock 294    
Northeast Power Systems, Inc (NEPSI) [Member]        
Adjustments to reconcile net loss to net cash used in operations:        
Change in fair value of contingent consideration     $ 3,000  
Non-cash investing and financing activities        
Issuance of common stock $ 12,433