Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows

v3.8.0.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Apr. 09, 2016
Sep. 30, 2017
Sep. 30, 2016
Cash flows from operating activities:      
Net loss   $ (196,736) $ (67,875)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization expense   231 55
Goodwill impairment   77,592 0
Loss on disposal of assets   0 37
Provision for income tax benefit   0 (170)
Gain on Series A convertible preferred stock exchange feature   (2,209) 0
Gain on sale of securities   (3,481) 0
Share-based compensation   21,963 24,230
Share-based payments   19,397 0
Changes in operating assets and liabilities:      
Accounts receivable   (9) (67)
Accounts receivable due from related parties   (1,334) (243)
Prepaid expenses and other current assets   (797) (2,074)
Accounts payable and accrued liabilities   (324) 17,519
Accounts payable due to related parties   0 63
Note receivable due from related party   251 0
Other, net   (711) (787)
Net cash used in operating activities   (86,167) (29,312)
Cash flows from investing activities:      
Cash received in acquisition   56 210
Deposit for acquisition   (8,515) 0
Deferred engineering costs   (9,000) 0
Purchase of property - land   0 (8,491)
Purchase of property and equipment   (1,101) (708)
Proceeds from sale of available-for-sale securities   4,592 0
Net cash used in investing activities   (13,968) (8,989)
Cash flows from financing activities:      
Proceeds from the issuance of common stock   218,195 58,886
Tax payments for net share settlement of equity awards   (828) 0
Equity offering costs   (607) (1,512)
Net cash provided by financing activities   216,760 57,374
Effect of exchange rate changes on cash   0 8
Net increase (decrease) in cash and cash equivalents   116,625 19,081
Cash and cash equivalents, beginning of period $ 0 21,398 0
Cash and cash equivalents, end of period   $ 138,023 19,081
Predecessor      
Cash flows from operating activities:      
Net loss (638)    
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization expense 8    
Goodwill impairment 0    
Loss on disposal of assets 3    
Provision for income tax benefit 0    
Gain on Series A convertible preferred stock exchange feature 0    
Gain on sale of securities 0    
Share-based compensation 0    
Share-based payments 0    
Changes in operating assets and liabilities:      
Accounts receivable 1    
Accounts receivable due from related parties (32)    
Prepaid expenses and other current assets 13    
Accounts payable and accrued liabilities 281    
Accounts payable due to related parties 253    
Note receivable due from related party 0    
Other, net 0    
Net cash used in operating activities (111)    
Cash flows from investing activities:      
Cash received in acquisition 0    
Deposit for acquisition 0    
Deferred engineering costs 0    
Purchase of property - land 0    
Purchase of property and equipment (268)    
Proceeds from sale of available-for-sale securities 0    
Net cash used in investing activities (268)    
Cash flows from financing activities:      
Proceeds from the issuance of common stock 0    
Tax payments for net share settlement of equity awards 0    
Equity offering costs 0    
Net cash provided by financing activities 0    
Effect of exchange rate changes on cash 0    
Net increase (decrease) in cash and cash equivalents (379)    
Cash and cash equivalents, beginning of period 589   $ 589
Cash and cash equivalents, end of period $ 210