Cash Flow

v3.20.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net loss $ (7,701) $ (14,674)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation 493 303  
Operating lease right-of-use-assets amortization 85 81  
Provision for doubtful accounts 15 24  
Stock-based compensation 1,047 7,745  
Changes in operating assets and liabilities:      
Accounts receivable 87 4  
Inventories (98) (843)  
Prepaid expenses and other assets 57 (107)  
Accounts payable (176) 286  
Accrued expenses (560) (1,748)  
Deferred revenue (215) 53  
Other liabilities (77) (68)  
Net cash used in operating activities (7,043) (8,944) $ (33,200)
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities of available-for-sale securities 11,000    
Purchases of property and equipment (28) (165)  
Net cash provided by (used in) investing activities 10,972 (165)  
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments on equipment financing (76) (77)  
Net cash used in financing activities (76) (77)  
NET CHANGE IN CASH AND CASH EQUIVALENTS 3,853 (9,186)  
CASH AND CASH EQUIVALENTS, beginning of period 14,584 64,315 64,315
CASH AND CASH EQUIVALENTS, end of period 18,437 55,129 $ 14,584
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Unpaid property and equipment included in equipment financing   188  
Transfer from inventories to property and equipment for lasers 102 723  
SUPPLEMENTAL CASH FLOW INFORMATION:      
Cash payments for interest $ 9 $ 13  

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