v3.19.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (1,689) $ (3,382)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 6,263 6,300
Amortization of debt issuance and warrant costs 845 595
Stock-based compensation 263 521
Change in fair value of stock warrants 161 (886)
Change in fair value of interest rate cap 90 (40)
Loss on extinguishment of debt 0 2,673
Loss on sale or disposal of assets 5 79
Increases and decreases in operating assets and liabilities:    
Accounts receivable 249 (3)
Prepaid expenses, inventories and other (1,477) (545)
Deferred taxes 51 356
Deferred revenue 2,000 0
Accounts payable and accrued expenses (1,048) 749
Net cash provided by operating activities 5,713 6,417
Cash flows from investing activities:    
Purchase of property and equipment (5,662) (13,854)
Other (563) (341)
Net cash used in investing activities (6,225) (14,195)
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 (1,182) (4,092)
Payment of Interest Rate Cap premium 0 (238)
Repayment of Senior Secured Notes (800) (750)
Repayment of finance lease obligation (403)  
Repayment of finance lease obligation   (342)
Proceeds from equity offering 0 11,435
Proceeds from exercise of stock options 45 0
Other 0 (141)
Net cash provided by financing activities 7,660 8,709
Net increase in cash and equivalents 7,148 931
Cash and equivalents, beginning of period 20,634 19,910
Cash and equivalents, end of period 27,782 20,841
SUPPLEMENTAL CASH FLOW INFORMATION:    
Cash paid for interest, net of amounts capitalized 6,962 6,953
NON-CASH INVESTING ACTIVITIES:    
Accounts payable related capital expenditures $ 651 $ 700

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