v3.20.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:    
Net loss $ (5,822) $ (4,371)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 8,331 8,397
Amortization of debt issuance and warrant costs 1,092 790
Stock-based compensation 348 632
Change in fair value of stock warrants 1,230 (1,671)
Change in fair value of interest rate cap 92 146
Loss on extinguishment of debt 0 2,673
Loss on sale or disposal of assets 8 79
Increases and decreases in operating assets and liabilities:    
Accounts receivable (171) (275)
Prepaid expenses, inventories and other (678) 217
Deferred taxes 80 476
Deferred revenue 5,985 0
Accounts payable and accrued expenses (26) 2,731
Net cash provided by operating activities 10,469 9,824
Cash flows from investing activities:    
Purchase of property and equipment (8,088) (17,051)
Other (582) (379)
Net cash used in investing activities (8,670) (17,430)
Cash flows from financing activities:    
Repayment of First and Second Lien Term Loans 0 (96,063)
Prepayment premium of Second Lien Term Loan 0 (1,100)
Proceeds from Senior Secured Notes borrowings 10,000 100,000
Payment of debt discount and issuance costs (1,188) (4,105)
Payment of Interest Rate Cap premium 0 (238)
Repayment of Senior Secured Notes (1,075) (1,000)
Repayment of finance lease obligation (544)  
Repayment of finance lease obligation   (460)
Proceeds from equity offering 0 11,435
Proceeds from exercise of stock options 119 0
Other 106 (139)
Net cash provided by financing activities 7,418 8,330
Net increase in cash, cash equivalents and restricted cash 9,217 724
Cash, cash equivalents and restricted cash, beginning of period 20,634 19,910
Cash, cash equivalents and restricted cash, end of period 29,851 20,634
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest, net of amounts capitalized 9,316 9,368
NON-CASH INVESTING ACTIVITIES:    
Accounts payable related capital expenditures $ 515 $ 328

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