XML 16 R5.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Cash flows from operating activities:    
Net loss $ (25,307) $ (14,736)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 175 132
Amortization of debt discount and issuance costs 587 2,031
Interest expense added to loan principal 3,331 4,978
Interest expense added to lease liability 712 622
Loss on equity method investments 699 0
Loss on debt conversion and extinguishment of debt 12,394 27
Debt conversion expense (0) 197
Compensation charge for stock and share option awards 1,551 245
Unrealized loss on warrant derivative liabilities 51 0
Changes in operating assets and liabilities:    
Accounts receivable (89) (70)
Prepaid expenses and other current assets (243) (164)
Other assets (243) (243)
Accounts payable 879 668
Accrued liabilities (1,516) (559)
Net cash used in operating activities (7,019) (6,872)
Cash flows from investing activities:    
Contributions to equity-method investments (2,283) 0
Additions to property, plant and equipment and water programs (4,712) (818)
Net cash used in investing activities (6,995) (818)
Cash flows from financing activities:    
Net proceeds from issuance of stock 3,923 14,642
Principal payments on long-term debt (23) (29)
Net cash provided by financing activities 3,900 14,613
Net (decrease) increase in cash, cash equivalents and restricted cash (10,114) 6,923
Cash, cash equivalents and restricted cash, beginning of period 15,816 12,691
Cash, cash equivalents and restricted cash, end of period $ 5,702 $ 19,614