XML 17 R6.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net loss $ (14,739) $ (28,151)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 7,319 7,662
Provision for bad debts, net of recoveries 314 732
Loss on impairment of abandoned product line, net of recoveries 355 1,407
Provision for excess and obsolete inventory, net of recoveries 1,076 172
Share-based compensation expense 1,944 1,979
Amortization of debt discount and debt issuance costs 4,886 5,082
Loss on disposal of assets 501 171
Deferred income taxes (6) (15)
Unrealized foreign currency transaction loss, net 49 57
Other 60 494
Changes in assets and liabilities:    
Accounts receivable (8,676) (4,972)
Inventories 3,503 2,844
Prepaid expenses and other assets 2,881 (2,205)
Accounts payable 904 7,194
Accrued expenses, income taxes, and other 532 (5,391)
Net cash provided by (used in) operating activities 903 (12,940)
Cash flows from investing activities:    
Purchases of property, plant and equipment (653) (1,444)
Proceeds from the sale of property, plant and equipment 30 182
Purchases of intangible assets and additions to capitalized software development costs (1,099) (1,500)
Net cash used in investing activities (1,722) (2,762)
Cash flows from financing activities:    
Proceeds from term loans 0 18,000
Payment of issuance costs related to term loans 0 (424)
Net borrowings under (repayment of) DigiCore bank and overdraft facilities (208) 581
Principal payments under capital lease obligations (359) (462)
Principal payments on mortgage bond (166) (142)
Proceeds from stock option exercises and employee stock purchase plan, net of taxes paid on vested restricted stock units 558 (731)
Net cash provided by (used in) financing activities (175) 16,822
Effect of exchange rates on cash, cash equivalents and restricted cash (1,368) 352
Net increase (decrease) in cash, cash equivalents and restricted cash (2,362) 1,472
Cash, cash equivalents and restricted cash, beginning of period 21,259 9,894
Cash, cash equivalents and restricted cash, end of period 18,897 11,366
Cash paid during the year for:    
Interest 5,362 3,757
Income taxes 545 88
Supplemental disclosures of non-cash activities:    
Transfer of inventories to rental assets 2,176 2,750
Issuance of common stock under amended earn-out agreement 0 2,638
Additional debt discount on exchange of convertible senior notes $ 0 $ 3,600