v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES    
Net loss $ (14,392) $ (5,638)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 3,285 1,912
Stock-based compensation 3,453 1,163
Fair value adjustment of contingent consideration 910 0
Acquisition installment payable 886 0
Changes in certain current assets and liabilities:    
Accounts receivable - trade 1,609 (5,499)
Inventories (9,599) (5,139)
Prepaid expenses and other current assets 66 (14)
Accounts payable - trade (746) 1,934
Accrued expenses and other liabilities (129) 357
Other (50) 139
Net cash used in operating activities - continuing operations (14,707) (10,785)
Net cash provided by operating activities - discontinued operations 0 371
Net cash used in operating activities (14,707) (10,414)
INVESTING ACTIVITIES    
Purchases of licenses 0 (170)
Purchases of property and equipment (5,160) (8,514)
Net cash used in investing activities - continuing operations (9,349) (58,610)
Net cash used in investing activities - discontinued operations 0 (47)
Net cash used in investing activities (9,349) (58,657)
FINANCING ACTIVITIES    
Proceeds from issuance of debt with affiliate 0 30,000
Payments on note with affiliate (5,000) 0
Proceeds from issuance of common stock, net of issuance costs 70,207 0
Proceeds from exercise of stock options 1,281 657
Payments on mortgage notes (61) (59)
Net cash provided by financing activities 66,427 30,598
Effect of exchange rate changes on cash 17 0
NET INCREASE (DECREASE) IN CASH 42,388 (38,473)
Cash and restricted cash, beginning of year 72,027 60,691
Cash and restricted cash, end of period 114,415 22,218
Less cash of discontinued operations, end of period 0 360
Cash of continuing operations, end of period 114,415 21,858
SUPPLEMENTAL DISCLOSURES    
Cash paid for interest 513 935
Transfer of instruments from property and equipment to inventory 229 267
Telos    
INVESTING ACTIVITIES    
Acquisition of Telos, net of cash acquired (1,670) 0
SUPPLEMENTAL DISCLOSURES    
Issuance of common shares to acquire business 1,568 0
ApiFix Ltd    
Adjustments to reconcile net loss to net cash used in operating activities:    
Fair value adjustment of contingent consideration 910  
INVESTING ACTIVITIES    
Acquisition of Telos, net of cash acquired (1,723) 0
SUPPLEMENTAL DISCLOSURES    
Issuance of common shares to acquire business 35,176 0
Band-Lok    
INVESTING ACTIVITIES    
Acquisition of Telos, net of cash acquired (796) 0
SUPPLEMENTAL DISCLOSURES    
Issuance of common shares to acquire business 2,644 0
Vilex and Orthex    
INVESTING ACTIVITIES    
Acquisition of Telos, net of cash acquired 0 (49,926)
SUPPLEMENTAL DISCLOSURES    
Issuance of common shares to acquire business $ 0 $ 10,000