Cash flows from operating activities: | |
Net income | -11.96M |
Adjustments to reconcile net income to net cash provided by/(used in) operating activities: | |
Income from discontinued operations | |
Depreciation of property and equipment | 1.93M |
Amortization of intangibles | 171K |
Amortization of discount | |
Loss on early extinguishment of note payable | |
Deferred income taxes | -1.81M |
Fair value adjustment of warrant | |
Loss (gain) on disposal of property and equipment | |
Change in net pension liability | 390K |
Stock-based compensation expense | 8.14M |
Other | |
Changes in working capital: | |
Accounts receivable | 1.71M |
Inventories | 1.6M |
Prepaids, deposits and other current assets | |
Accounts payable | 594K |
Other current liabilities | 1.1M |
Net cash used in operating activities of discontinued operations | |
Net cash provided by (used in) operating activities | |
Cash flows from investing activities: | |
Proceeds from sale of subsidiary, net of transaction costs | |
Release of restricted cash | |
Deposit to restricted escrow account | |
Acquisition of property and equipment | -2.71M |
Proceeds from sale of property and equipment | 65K |
Net change in other assets | |
Net cash used in investing activities of discontinued operations | |
Net cash provided by (used in) investing activities | |
Cash flows from financing activities: | |
Repayment of notes payable | |
Redemption of Series A preferred stock | |
Repayment of capital lease obligations | -302K |
Proceeds from exercise of stock options | 1.65M |
Net cash used in financing activities of discontinued operations | |
Net cash provided by (used in) financing activities | |
Effect of exchange rate changes on cash and cash equivalents | 777K |
Increase in cash and cash equivalents | 882K |
Cash and cash equivalents, at beginning of the period | 13.4M |
Cash and cash equivalents, at end of the period | 14.28M |