v3.20.2
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 $ (11,061) $ (2,627)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,020 4,174
Amortization of debt issuance and warrant costs 496 598
Stock-based compensation 186 193
Change in fair value of stock warrants (1,562) (101)
Change in fair value of interest rate cap 0 82
Gain on disposal of assets 439 (5)
Increases and decreases in operating assets and liabilities:    
Accounts receivable 422 (41)
Prepaid expenses, inventories and other 554 (2,098)
Deferred taxes 91 285
Deferred revenue (58) 0
Accounts payable and accrued expenses 112 (2,205)
Net cash used in operating activities (6,361) (1,745)
Cash flows from investing activities:    
Purchase of property and equipment (1,375) (3,056)
Other 22 (1)
Net cash used in investing activities (1,353) (3,057)
Cash flows from financing activities:    
Proceeds from Senior Secured Notes borrowings 0 10,000
Proceeds from CARES Act unsecured loans 5,606 0
Payment of debt discount and issuance costs (447) (1,181)
Repayment of Senior Secured Notes (550) (525)
Repayment of finance lease obligation (251) (263)
Proceeds from exercise of stock options 0 45
Net cash used in financing activities 4,358 8,076
Net decrease in cash, cash equivalents and restricted cash (3,356) 3,274
Cash, cash equivalents and restricted cash, beginning of period 29,851 20,634
Cash, cash equivalents and restricted cash, end of period 26,495 23,908
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest, net of amounts capitalized 4,336 4,797
NON-CASH INVESTING ACTIVITIES:    
Accounts payable related capital expenditures $ 137 $ 502

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