v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,063) $ (23,487)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,194 1,815
Common stock issued for services 5,108 5,522
Amortization of debt discount 2,333 1,347
Change in fair value of derivative liabilities (396) 1,372
Amortization of operating lease right of use asset 91
Loss on disposal of fixed assets (38)
Non cash interest payment 731 777
Change in fair value of contingent real estate liability (446) (805)
Changes in operating assets and liabilities:    
Accounts receivable (407) 55
Inventory 18 (92)
Other current assets 477 (60)
Other assets (188) (188)
Accounts payable and accrued expenses 195 410
Lease liabilities (85)
Change in other long-term liabilities 19
Deferred revenue (5) (66)
Net Cash Used in Operating Activities (16,443) (13,419)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Cash paid for machinery and equipment (6,340) (4,436)
Cash received from sale of assets held for sale 28 33
Cash paid for intangibles (143) (92)
Net Cash Used in Investing Activities (6,455) (4,495)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 32,189 28,659
Proceeds from stock option exercises 64 133
Proceeds from employee stock purchase plan 168
Proceeds from the exercise of warrants 71
Proceeds received from convertible note, net of issuance costs 8,867
Net Cash Provided by Financing Activities 32,421 37,730
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash 9,523 19,816
Cash, Cash Equivalents and Restricted Cash - Beginning of Period 30,154 14,817
Cash, Cash Equivalents and Restricted Cash - End of Period 39,677 34,633
Cash Paid During the Period for:    
Interest 488 256
SUPPLEMENTARY DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Accrued interest paid in common shares 731 777
Stock compensation payable 303 203
ASC 606 transition adjustment 20
Convertible Notes – Beneficial Conversion Feature 3,951
Reclass from assets held for sale (251)
Assets purchase using common stock 40
Fixed assets in accounts payable $ 290

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