CASH FLOWS USED IN OPERATING ACTIVITIES | |
Cash received from customers | 604.8M |
Cash paid to suppliers, employees and others | -575.12M |
Income taxes paid | -2.06M |
Interest paid | -33.25M |
Other | 421K |
Net cash used in operating activities | -5.21M |
CASH FLOWS USED IN INVESTING ACTIVITIES | |
Capital expenditures | -9.82M |
Proceeds from sale of fixed assets | |
Net cash used in investing activities | -9.58M |
CASH FLOWS PROVIDED BY FINANCING ACTIVITIES | |
Cash overdraft | 1.72M |
(Repayments) borrowings under revolving credit facilities, net | -9.71M |
Proceeds from isuance of common stock | 28.44M |
Payment of debt issuance costs | -2.1M |
Repurchase of common stock for payment of payroll tax withholding on stock-based compensation | |
Proceeds from term loans and notes payable | |
Proceeds from capital lease obligations | 0 |
Repayment of capital lease obligations | -2.66M |
Net cash provided by financing activities | 15.55M |
EFFECT OF FOREIGN EXCHANGE RATE ON CASH | -1.09M |
NET DECREASE IN CASH | -333K |
Cash, beginning of period | 8.68M |
CASH, end of period | 8.34M |
RECONCILIATION OF NET LOSS TO NET CASH USED IN OPERATING ACTIVITIES | |
Net loss | |
Depreciation and amortization of property and equipment and intangibles | |
Amortization of debt discount and deferred financing costs | |
Foreign exchange transaction (gain) loss | |
Stock based compensation expense | |
Accrued interest paid-in-kind | |
Allowance for inventory shrinkage and obsolescence | |
Change in fair value of warrant liability | |
Loss on extinguishment of debt | |
Retail store impairment | |
Deferred income taxes | |
Gain on disposal of property and equipment | |
Bad debt expense | |
Deferred rent | |
Trade accounts receivables | |
Inventories | |
Prepaid expenses and other current assets | |
Other assets | |
Accounts payable | |
Accrued expenses and other liabilities | |
Income taxes receivable/payable | |
NON-CASH INVESTING AND FINANCING ACTIVITIES | |
Conversion of debt to equity | |
Property and equipment acquired and included in accounts payable | |
Reclassification of Lion Warrant from equity to debt | |
Issuance of warrants and purchase rights at fair value |