Applied Optoelectronics, Inc(NASDAQ:AAOI) 
Applied Optoelectronics, Inc. designs, manufactures, and sells various fiber-optic networking products worldwide. It offers optical modules, lasers, subassemblies, transmitters and transceivers, and turn-key equipment, as well as headend, node, and distribution equipment. The company sells its produ...
Website: http://www.ao-inc.com
Founded: 1997
Full Time Employees: 3,115
CEO / Founder: Chih-Hsiang Lin
Sector: Technology
Industry: Semiconductors
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| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
revenue | 134,274,000 | 118,630,000 | 102,952,000 | 99,859,000 | 100,271,000 | 65,151,000 | 43,270,000 | 40,673,000 | 60,453,000 | 62,547,000 | 41,615,000 | 53,030,000 | 61,585,000 | 56,693,000 | 52,299,000 | 52,242,000 | 54,408,000 | 53,267,000 | 54,189,000 | 49,701,000 | 52,325,000 | 76,608,000 | 65,222,000 | 40,467,000 | 48,658,000 | 46,084,000 | 43,411,000 | 52,719,000 | 58,018,000 | 56,386,000 | 87,822,000 | 65,239,000 | 79,855,000 | 88,879,000 | 117,371,000 | 96,224,000 | 84,900,000 | 70,137,000 | 55,254,000 | 50,422,000 | 52,952,000 | 57,085,000 | 49,632,000 | 30,234,000 | 36,391,000 | 36,549,000 | 32,650,000 | 24,859,000 | 23,744,000 | 20,766,000 |
yoy | 33.91% | 82.08% | 137.93% | 145.52% | 65.87% | 4.16% | 3.98% | -23.30% | -1.84% | 10.33% | -20.43% | 1.51% | 13.19% | 6.43% | -3.49% | 5.11% | 3.98% | -30.47% | -16.92% | 22.82% | 7.54% | 66.24% | 50.24% | -23.24% | -16.13% | -18.27% | -50.57% | -19.19% | -27.35% | -36.56% | -25.18% | -32.20% | -5.94% | 26.72% | 112.42% | 90.84% | 60.33% | 22.86% | 11.33% | 66.77% | 45.51% | 56.19% | 52.01% | 21.62% | 53.26% | 76.00% | ||||
qoq | 13.19% | 15.23% | 3.10% | -0.41% | 53.91% | 50.57% | 6.39% | -32.72% | -3.35% | 50.30% | -21.53% | -13.89% | 8.63% | 8.40% | 0.11% | -3.98% | 2.14% | -1.70% | 9.03% | -5.01% | -31.70% | 17.46% | 61.17% | -16.83% | 5.59% | 6.16% | -17.66% | -9.13% | 2.89% | -35.80% | 34.62% | -18.30% | -10.15% | -24.28% | 21.98% | 13.34% | 21.05% | 26.94% | 9.58% | -4.78% | -7.24% | 15.02% | 64.16% | -16.92% | -0.43% | 11.94% | 31.34% | 4.70% | 14.34% | |
cost of goods sold | 92,330,000 | 85,367,000 | 71,790,000 | 69,315,000 | 71,542,000 | 49,234,000 | 33,708,000 | 33,082,000 | 38,849,000 | 42,373,000 | 33,717,000 | 43,786,000 | 55,359,000 | 46,944,000 | 43,671,000 | 43,217,000 | 46,313,000 | 45,143,000 | 43,411,000 | 38,982,000 | 41,048,000 | 57,418,000 | 51,486,000 | 34,129,000 | 37,322,000 | 34,108,000 | 32,873,000 | 40,368,000 | 47,481,000 | 38,849,000 | 53,959,000 | 39,403,000 | 47,701,000 | 49,507,000 | 64,089,000 | 54,752,000 | 52,662,000 | 46,976,000 | 37,952,000 | 36,169,000 | 37,334,000 | 39,032,000 | 32,901,000 | 20,183,000 | 24,132,000 | 24,403,000 | 21,462,000 | 16,206,000 | 17,069,000 | 14,445,000 |
gross profit | 41,944,000 | 33,263,000 | 31,162,000 | 30,544,000 | 28,729,000 | 15,917,000 | 9,562,000 | 7,591,000 | 21,604,000 | 20,174,000 | 7,898,000 | 9,244,000 | 6,226,000 | 9,749,000 | 8,628,000 | 9,025,000 | 8,095,000 | 8,124,000 | 10,778,000 | 10,719,000 | 11,277,000 | 19,190,000 | 13,736,000 | 6,338,000 | 11,336,000 | 11,976,000 | 10,538,000 | 12,351,000 | 10,537,000 | 17,537,000 | 33,863,000 | 25,836,000 | 32,154,000 | 39,372,000 | 53,282,000 | 41,472,000 | 32,238,000 | 23,161,000 | 17,302,000 | 14,253,000 | 15,618,000 | 18,053,000 | 16,731,000 | 10,051,000 | 12,259,000 | 12,146,000 | 11,188,000 | 8,653,000 | 6,675,000 | 6,321,000 |
yoy | 46.00% | 108.98% | 225.89% | 302.37% | 32.98% | -21.10% | 21.07% | -17.88% | 247.00% | 106.93% | -8.46% | 2.43% | -23.09% | 20.00% | -19.95% | -15.80% | -28.22% | -57.67% | -21.53% | 69.12% | -0.52% | 60.24% | 30.35% | -48.68% | 7.58% | -31.71% | -68.88% | -52.19% | -67.23% | -55.46% | -36.45% | -37.70% | -0.26% | 69.99% | 207.95% | 190.97% | 106.42% | 28.29% | 3.41% | 41.81% | 27.40% | 48.63% | 49.54% | 16.16% | 83.66% | 92.15% | ||||
qoq | 26.10% | 6.74% | 2.02% | 6.32% | 80.49% | 66.46% | 25.96% | -64.86% | 7.09% | 155.43% | -14.56% | 48.47% | -36.14% | 12.99% | -4.40% | 11.49% | -0.36% | -24.62% | 0.55% | -4.95% | -41.24% | 39.71% | 116.72% | -44.09% | -5.34% | 13.65% | -14.68% | 17.22% | -39.92% | -48.21% | 31.07% | -19.65% | -18.33% | -26.11% | 28.48% | 28.64% | 39.19% | 33.86% | 21.39% | -8.74% | -13.49% | 7.90% | 66.46% | -18.01% | 0.93% | 8.56% | 29.30% | 29.63% | 5.60% | |
gross margin % | 31.24% | 28.04% | 30.27% | 30.59% | 28.65% | 24.43% | 22.10% | 18.66% | 35.74% | 32.25% | 18.98% | 17.43% | 10.11% | 17.20% | 16.50% | 17.28% | 14.88% | 15.25% | 19.89% | 21.57% | 21.55% | 25.05% | 21.06% | 15.66% | 23.30% | 25.99% | 24.27% | 23.43% | 18.16% | 31.10% | 38.56% | 39.60% | 40.27% | 44.30% | 45.40% | 43.10% | 37.97% | 33.02% | 31.31% | 28.27% | 29.49% | 31.62% | 33.71% | 33.24% | 33.69% | 33.23% | 34.27% | 34.81% | 28.11% | 30.44% |
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 25,820,000 | 21,265,000 | 20,612,000 | 17,810,000 | 16,737,000 | 13,428,000 | 13,078,000 | 11,712,000 | 9,342,000 | 9,457,000 | 8,640,000 | 8,536,000 | 9,223,000 | 9,206,000 | 8,328,000 | 9,486,000 | 9,230,000 | 10,149,000 | 10,914,000 | 10,928,000 | 10,826,000 | 11,206,000 | 10,803,000 | 10,558,000 | 10,597,000 | 10,466,000 | 11,151,000 | 11,185,000 | 11,342,000 | 14,180,000 | 12,645,000 | 11,736,000 | 10,670,000 | 9,190,000 | 8,073,000 | 7,432,000 | 7,208,000 | 8,362,000 | 7,814,000 | 8,396,000 | 5,960,000 | 5,386,000 | 4,701,000 | 4,805,000 | 4,221,000 | 4,194,000 | 4,009,000 | 3,546,000 | 2,400,000 | 2,211,000 |
sales and marketing | 6,904,000 | 9,871,000 | 8,135,000 | 5,357,000 | 3,651,000 | 4,796,000 | 5,910,000 | 3,798,000 | 3,438,000 | 3,035,000 | 2,269,000 | 2,327,000 | 2,616,000 | 2,385,000 | 2,164,000 | 2,558,000 | 2,323,000 | 2,783,000 | 2,832,000 | 2,960,000 | 3,229,000 | 4,491,000 | 3,430,000 | 2,936,000 | 2,616,000 | 2,518,000 | 2,331,000 | 2,595,000 | 1,920,000 | 2,370,000 | 2,377,000 | 2,474,000 | 2,090,000 | 2,551,000 | 2,158,000 | 1,903,000 | 1,743,000 | 1,594,000 | 1,610,000 | 1,680,000 | 1,633,000 | 1,582,000 | 1,607,000 | 1,559,000 | 1,591,000 | 1,622,000 | 1,497,000 | 1,333,000 | 1,197,000 | 1,034,000 |
general and administrative | 20,721,000 | 20,314,000 | 18,391,000 | 16,314,000 | 14,813,000 | 14,240,000 | 16,818,000 | 13,727,000 | 13,356,000 | 14,368,000 | 12,954,000 | 12,548,000 | 12,750,000 | 11,654,000 | 11,035,000 | 11,220,000 | 10,167,000 | 10,645,000 | 10,681,000 | 10,869,000 | 10,383,000 | 10,272,000 | 10,611,000 | 10,638,000 | 10,177,000 | 9,988,000 | 10,884,000 | 10,440,000 | 9,552,000 | 10,591,000 | 9,898,000 | 9,456,000 | 9,074,000 | 9,580,000 | 8,786,000 | 7,822,000 | 7,443,000 | 6,445,000 | 5,906,000 | 5,733,000 | 5,271,000 | 4,963,000 | 4,534,000 | 5,003,000 | 5,131,000 | 4,458,000 | 3,952,000 | 3,554,000 | 3,375,000 | 2,436,000 |
total operating expenses | 53,445,000 | 51,450,000 | 47,138,000 | 39,481,000 | 35,201,000 | 32,464,000 | 35,806,000 | 29,237,000 | 26,136,000 | 26,860,000 | 23,863,000 | 23,411,000 | 24,589,000 | 23,245,000 | 21,527,000 | 23,264,000 | 21,720,000 | 23,577,000 | 24,427,000 | 24,757,000 | 24,438,000 | 25,969,000 | 24,844,000 | 24,132,000 | 23,390,000 | 22,972,000 | 24,366,000 | 24,220,000 | 22,814,000 | 27,141,000 | 24,920,000 | 23,666,000 | 21,834,000 | 21,321,000 | 19,017,000 | 17,157,000 | 16,394,000 | 16,401,000 | 15,330,000 | 15,809,000 | 12,864,000 | 11,931,000 | 10,842,000 | 11,367,000 | 10,943,000 | 10,274,000 | 9,458,000 | 8,433,000 | 6,972,000 | 5,681,000 |
income from operations | -11,501,000 | -18,187,000 | -15,976,000 | -8,937,000 | -6,472,000 | -16,547,000 | -26,244,000 | -21,646,000 | -4,532,000 | -6,686,000 | -15,965,000 | -14,167,000 | -18,363,000 | -13,496,000 | -12,899,000 | -14,239,000 | -13,625,000 | -15,453,000 | -13,649,000 | -14,038,000 | -13,161,000 | -6,779,000 | -11,108,000 | -17,794,000 | -12,054,000 | -10,996,000 | -13,828,000 | -11,869,000 | -12,277,000 | -9,604,000 | 8,943,000 | 2,170,000 | 10,320,000 | 18,051,000 | 34,265,000 | 24,315,000 | 15,844,000 | 6,760,000 | 1,972,000 | -1,556,000 | 2,754,000 | 6,122,000 | 5,889,000 | -1,316,000 | 1,316,000 | 1,872,000 | 1,730,000 | 220,000 | -297,000 | 640,000 |
yoy | 77.70% | 9.91% | -39.13% | -58.71% | 42.81% | 147.49% | 64.38% | 52.79% | -75.32% | -50.46% | 23.77% | -0.51% | 34.77% | -12.66% | -5.49% | 1.43% | 3.53% | 127.95% | 22.88% | -21.11% | 9.18% | -38.35% | -19.67% | 49.92% | -1.82% | 14.49% | -254.62% | -646.96% | -218.96% | -153.20% | -73.90% | -91.08% | -34.86% | 167.03% | 1637.58% | -1662.66% | 475.31% | 10.42% | -66.51% | 18.24% | 109.27% | 227.03% | 240.40% | -698.18% | -543.10% | 192.50% | ||||
qoq | -36.76% | 13.84% | 78.76% | 38.09% | -60.89% | -36.95% | 21.24% | 377.63% | -32.22% | -58.12% | 12.69% | -22.85% | 36.06% | 4.63% | -9.41% | 4.51% | -11.83% | 13.22% | -2.77% | 6.66% | 94.14% | -38.97% | -37.57% | 47.62% | 9.62% | -20.48% | 16.51% | -3.32% | 27.83% | -207.39% | 312.12% | -78.97% | -42.83% | -47.32% | 40.92% | 53.47% | 134.38% | 242.80% | -226.74% | -156.50% | -55.01% | 3.96% | -547.49% | -200.00% | -29.70% | 8.21% | 686.36% | -174.07% | -146.41% | |
operating margin % | -8.57% | -15.33% | -15.52% | -8.95% | -6.45% | -25.40% | -60.65% | -53.22% | -7.50% | -10.69% | -38.36% | -26.72% | -29.82% | -23.81% | -24.66% | -27.26% | -25.04% | -29.01% | -25.19% | -28.24% | -25.15% | -8.85% | -17.03% | -43.97% | -24.77% | -23.86% | -31.85% | -22.51% | -21.16% | -17.03% | 10.18% | 3.33% | 12.92% | 20.31% | 29.19% | 25.27% | 18.66% | 9.64% | 3.57% | -3.09% | 5.20% | 10.72% | 11.87% | -4.35% | 3.62% | 5.12% | 5.30% | 0.88% | -1.25% | 3.08% |
other income | 1,016,000 | 702,000 | 7,410,000 | 475,000 | -34,000 | -541,000 | -180,000 | -450,000 | 528,000 | 998,000 | 6,797,000 | -169,000 | 902,000 | 866,000 | 974,000 | 256,000 | 98,000 | 1,446,000 | 494,000 | 766,000 | 1,581,000 | -890,000 | -354,000 | 64,000 | -608,000 | -133,000 | 66,000 | -932,000 | 334,000 | -2,361,000 | 413,000 | 555,000 | -128,000 | 73,000 | ||||||||||||||||
interest income | 831,000 | 451,000 | 286,000 | 224,000 | 365,000 | 156,000 | 93,000 | 260,000 | 476,000 | 65,000 | 37,000 | 33,000 | 36,000 | 31,000 | 31,000 | 28,000 | 21,000 | 17,000 | 16,000 | 16,000 | 35,000 | 26,000 | 47,000 | 147,000 | 196,000 | 347,000 | 310,000 | 72,000 | 59,000 | 86,000 | 85,000 | 52,000 | 55,000 | 61,000 | 70,000 | 35,000 | 41,000 | 40,000 | 65,000 | 101,000 | 92,000 | 82,000 | 80,000 | 74,000 | 89,000 | 95,000 | 106,000 | 79,000 | ||
interest expense | -844,000 | -902,000 | -818,000 | -934,000 | -1,754,000 | -1,702,000 | -1,693,000 | -1,676,000 | -3,127,000 | -1,989,000 | -2,175,000 | -2,137,000 | -1,888,000 | -1,621,000 | -1,408,000 | -1,401,000 | -1,462,000 | -1,359,000 | -1,367,000 | -1,431,000 | -1,211,000 | -1,480,000 | -1,489,000 | -1,455,000 | -1,402,000 | -1,517,000 | -1,490,000 | -996,000 | -482,000 | -274,000 | -279,000 | -71,000 | -66,000 | -248,000 | -245,000 | -299,000 | -404,000 | -462,000 | -450,000 | -401,000 | -242,000 | -351,000 | -300,000 | -125,000 | -49,000 | -55,000 | -60,000 | -162,000 | -200,000 | -323,000 |
total other income | 1,003,000 | 251,000 | 6,878,000 | -235,000 | -113,217,000 | -1,210,000 | 129,000 | -1,524,000 | -9,325,000 | -2,267,000 | -971,000 | -2,125,000 | -1,886,000 | -2,131,000 | -1,557,000 | -1,823,000 | -913,000 | -344,000 | 5,446,000 | -1,584,000 | -274,000 | -588,000 | -468,000 | -1,052,000 | -1,108,000 | 276,000 | 71,000 | 578,000 | 1,387,000 | -901,000 | -541,000 | -111,000 | -872,000 | -1,317,000 | 34,000 | -510,000 | -3,016,000 | 335,000 | 641,000 | |||||||||||
income before income taxes | -10,498,000 | -17,936,000 | -9,098,000 | -9,172,000 | -119,689,000 | -17,757,000 | -26,115,000 | -23,170,000 | -13,857,000 | -8,953,000 | -16,936,000 | -16,292,000 | -20,249,000 | -15,627,000 | -14,456,000 | -16,062,000 | -14,538,000 | -15,797,000 | -8,203,000 | -15,622,000 | -13,435,000 | -7,367,000 | -11,576,000 | -18,846,000 | -13,162,000 | -10,720,000 | -14,557,000 | -12,948,000 | -12,206,000 | -9,026,000 | 10,330,000 | 1,124,000 | 9,419,000 | 17,510,000 | 34,154,000 | 23,443,000 | 15,466,000 | 6,404,000 | 655,000 | -1,522,000 | 2,513,000 | 3,106,000 | 6,224,000 | -675,000 | 714,000 | 1,654,000 | 2,004,000 | 110,000 | -521,000 | 390,000 |
income tax expense | -1,000 | -8,000 | -2,296,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income | -2,022,000 | -17,936,000 | -9,098,000 | -9,172,000 | -119,691,000 | -17,757,000 | -26,115,000 | -23,170,000 | -13,858,000 | -8,953,000 | -16,944,000 | -16,292,000 | -20,250,000 | -15,627,000 | -14,456,000 | -16,062,000 | -14,540,000 | -15,797,000 | -8,203,000 | -15,622,000 | -13,439,000 | -9,616,000 | -18,600,000 | -16,797,000 | -35,429,000 | -8,780,000 | -11,366,000 | -10,474,000 | -8,568,000 | -3,732,000 | 8,034,000 | 2,120,000 | 5,716,000 | 19,375,000 | 29,071,000 | 14,225,000 | 17,736,000 | 603,000 | -1,330,000 | 2,028,500 | 2,700,000 | 6,089,000 | -675,000 | 895,250 | 1,577,000 | 1,919,000 | 85,000 | -221,250 | 390,000 | |
yoy | -98.31% | 1.01% | -65.16% | -60.41% | 763.70% | 98.34% | 54.13% | 42.22% | -31.57% | -42.71% | 17.21% | 1.43% | 39.27% | -1.08% | 76.23% | 2.82% | 8.19% | 64.28% | -55.90% | -7.00% | -62.07% | 9.52% | 63.65% | 60.37% | 313.50% | 135.26% | -241.47% | -594.06% | -249.90% | -119.26% | -72.36% | -59.82% | 9.24% | 4721.06% | 601.26% | 556.89% | -90.10% | 97.04% | 126.58% | 71.21% | 217.30% | -894.12% | -504.63% | 304.36% | ||||||
qoq | -88.73% | 97.14% | -0.81% | -92.34% | 574.05% | -32.00% | 12.71% | 67.20% | 54.79% | -47.16% | 4.00% | -19.55% | 29.58% | 8.10% | -10.00% | 10.47% | -7.96% | 92.58% | -47.49% | 16.24% | 39.76% | -48.30% | 10.73% | -52.59% | 303.52% | -22.75% | 8.52% | 22.25% | 129.58% | -146.45% | 278.96% | -62.91% | -70.50% | -33.35% | -19.80% | 2841.29% | -145.34% | -165.57% | -24.87% | -55.66% | -1002.07% | -175.40% | -43.23% | -17.82% | 2157.65% | -138.42% | -156.73% | |||
net income margin % | -1.51% | -15.12% | -8.84% | -9.18% | -119.37% | -27.26% | -60.35% | -56.97% | -22.92% | -14.31% | -40.72% | -30.72% | -32.88% | -27.56% | -27.64% | -30.75% | -26.72% | -29.66% | -15.14% | -31.43% | -25.68% | -12.55% | -28.52% | -41.51% | -72.81% | -19.05% | -26.18% | -19.87% | -14.77% | -6.62% | 9.15% | 3.25% | 7.16% | 21.80% | 24.77% | 0% | 16.76% | 25.29% | 1.09% | -2.64% | 3.83% | 4.73% | 12.27% | -2.23% | 2.46% | 4.31% | 5.88% | 0.34% | -0.93% | 1.88% |
net income per share | 19,789 | |||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.28 | -0.16 | -0.18 | -2.82 | -0.42 | -0.66 | -0.6 | -0.36 | -0.27 | -0.57 | -0.56 | -0.71 | -0.56 | -0.52 | -0.53 | -0.58 | -0.31 | -0.59 | -0.55 | -0.42 | -0.89 | -0.83 | -1.77 | -0.44 | -0.57 | -0.53 | -0.44 | -0.19 | 0.41 | 0.11 | 0.28 | 1 | 1.52 | 1.06 | 0.82 | 1.03 | 0.04 | -0.08 | 0.16 | 0.17 | 0.41 | -0.05 | 0.05 | 0.11 | 0.13 | 0.01 | -0.81 | 0.04 | ||
diluted | -0.28 | -0.16 | -0.18 | -2.82 | -0.42 | -0.66 | -0.6 | -0.36 | -0.27 | -0.57 | -0.56 | -0.71 | -0.56 | -0.52 | -0.53 | -0.58 | -0.31 | -0.59 | -0.55 | -0.42 | -0.89 | -0.83 | -1.77 | -0.44 | -0.57 | -0.53 | -0.43 | -0.19 | 0.4 | 0.11 | 0.28 | 0.95 | 1.43 | 1 | 0.81 | 0.97 | 0.03 | -0.08 | 0.15 | 0.16 | 0.38 | -0.05 | 0.04 | 0.1 | 0.12 | 0.01 | -0.81 | 0.04 | ||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 60,183,987 | 63,329 | 56,772 | 50,041 | 41,538,551 | 42,311,811 | 39,364,720 | 38,362,118 | 31,944,259 | 32,774,148 | 29,488,561 | 28,871,857 | 27,846,387 | 27,839,245 | 27,612,315 | 27,463,321 | 26,912,141 | 27,097,372 | 26,850,032 | 26,438,071 | 21,866,630 | 22,744,361 | 20,858,450 | 20,208,383 | 19,982,363 | 20,022,520 | 19,931,745 | 19,863,080 | 19,646,646 | 19,707,036 | 19,590,164 | 19,492,251 | 19,097,355 | 19,294,022 | 19,081,034 | 18,597,607 | 17,201,731 | 16,930,261 | 15,626,753 | 14,844,211 | 14,307,477 | 14,805,668 | 14,785,437 | 12,792,322 | 8,995 | |||||
diluted | 60,183,987 | 63,329 | 56,772 | 50,041 | 41,538,551 | 42,311,811 | 39,364,720 | 38,362,118 | 31,944,259 | 32,774,148 | 29,488,561 | 28,871,857 | 27,846,387 | 27,839,245 | 27,612,315 | 27,463,321 | 26,912,141 | 27,097,372 | 26,850,032 | 26,438,071 | 21,866,630 | 22,744,361 | 20,858,450 | 20,208,383 | 19,982,363 | 20,022,520 | 19,931,745 | 19,863,080 | 19,646,646 | 19,707,036 | 20,079,702 | 19,988,575 | 20,139,105 | 20,422,609 | 20,367,127 | 19,702,047 | 17,712,928 | 16,930,261 | 16,532,850 | 14,844,211 | 15,186,961 | 15,594,544 | 15,641,694 | 13,787,580 | 9,155 | |||||
other expense | 489,250 | 336,000 | 1,729,000 | -108,000 | 200,750 | -343,000 | 1,167,000 | -21,000 | 451,000 | -155,000 | -1,027,000 | 692,000 | -14,250 | -258,000 | 228,000 | -27,000 | ||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -4,000 | -2,249,000 | -7,024,000 | 2,049,000 | -22,267,000 | 1,940,000 | 3,191,000 | 2,474,000 | 3,638,000 | 5,294,000 | 996,000 | -3,703,000 | 1,865,000 | -5,083,000 | -3,654,000 | -1,241,000 | 11,332,000 | -52,000 | 192,000 | |||||||||||||||||||||||||||||||
total other expense | -729,000 | -1,079,000 | -1,046,000 | -378,000 | -356,000 | -13,500 | -218,000 | 274,000 | -110,000 | -218,750 | -250,000 | |||||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||
compute net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 4,264,421.75 | 17,151,031 | 17,090,750 | 3,805,075.25 | 15,868,989 | 14,936,442 | ||||||||||||||||||||||||||||||||||||||||||||
diluted | 4,488,557.25 | 18,360,531 | 17,454,552 | 4,046,247.75 | 16,693,656 | 15,871,745 | ||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss | -567,500 | -3,160,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | -135,250 | -406,000 | -135,000 | -46,750 | -77,000 | -85,000 | -25,000 | |||||||||||||||||||||||||||||||||||||||||||
pro forma net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -0.025 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -0.025 | 0.04 | ||||||||||||||||||||||||||||||||||||||||||||||||
pro forma weighted-average shares used to compute net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 2,251 | 9,034 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 2,251 | 9,194 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 206,140,000 | 136,961,000 | 64,699,000 | 51,144,000 | 67,428,000 | 34,124,000 | 10,653,000 | 8,433,000 | 45,366,000 | 21,940,000 | 21,578,000 | 16,103,000 | 24,685,000 | 26,268,000 | 33,667,000 | 31,980,000 | 34,656,000 | 43,534,000 | 44,013,000 | 45,482,000 | 43,425,000 | 46,772,000 | 51,131,000 | 55,908,000 | 59,977,000 | 69,994,000 | 81,070,000 | 74,930,000 | 55,646,000 | 56,380,000 | 76,190,000 | 82,251,000 | 82,936,000 | 70,930,000 | 74,825,000 | 59,672,000 | 50,224,000 | 55,907,000 | 42,289,000 | 45,528,000 | 28,074,000 | 37,592,000 | 28,412,000 | 9,909,000 | 32,175,000 | 37,034,000 | 34,079,000 | 52,411,000 | 22,006,000 | 7,325,000 |
restricted cash | 9,895,000 | 13,756,000 | 22,496,000 | 15,667,000 | 11,705,000 | 7,243,000 | 5,465,000 | 8,972,000 | 9,731,000 | 9,301,000 | 7,034,000 | 10,845,000 | 10,902,000 | 8,307,000 | 6,983,000 | 8,128,000 | 6,480,000 | 5,363,000 | 6,486,000 | 3,856,000 | 6,689,000 | 11,296,000 | 7,778,000 | 6,609,000 | 7,051,000 | 2,382,000 | 2,917,000 | 2,529,000 | 2,358,000 | 1,695,000 | 1,753,000 | 1,048,000 | 1,012,000 | 1,072,000 | 1,054,000 | 861,000 | 1,732,000 | 4,285,000 | 4,932,000 | 5,006,000 | 4,719,000 | 3,491,000 | 2,495,000 | 1,048,000 | 509,000 | 787,000 | 932,000 | 841,000 | 775,000 | 1,031,000 |
accounts receivable | 244,404,000 | 224,028,000 | 211,452,000 | 171,101,000 | ||||||||||||||||||||||||||||||||||||||||||||||
inventories | 183,105,000 | 170,214,000 | 138,867,000 | 102,313,000 | 88,135,000 | 64,382,000 | 54,322,000 | 54,322,000 | 63,866,000 | 67,533,000 | 66,321,000 | 70,186,000 | 79,679,000 | 94,261,000 | 98,181,000 | 92,007,000 | 92,516,000 | 94,507,000 | 100,399,000 | 106,336,000 | 110,397,000 | 111,427,000 | 97,251,000 | 87,109,000 | 85,028,000 | 82,118,000 | 81,475,000 | 84,464,000 | 93,256,000 | 107,905,000 | 93,269,000 | 92,624,000 | 75,768,000 | 74,552,000 | 59,701,000 | 57,503,000 | 51,817,000 | 54,919,000 | 59,833,000 | 60,258,000 | 66,238,000 | 60,237,000 | 52,451,000 | 43,565,000 | 33,780,000 | 33,129,000 | 31,200,000 | 23,933,000 | 19,608,000 | 16,421,000 |
prepaid expenses and other current assets | 32,183,000 | 30,353,000 | 20,824,000 | 18,617,000 | 17,195,000 | 7,409,000 | 4,429,000 | 4,078,000 | 5,349,000 | 4,871,000 | 6,231,000 | 6,517,000 | 6,384,000 | 6,132,000 | 6,235,000 | 5,711,000 | 4,334,000 | 4,717,000 | 5,101,000 | 5,169,000 | 5,213,000 | 8,805,000 | 6,610,000 | 6,904,000 | 5,869,000 | 5,685,000 | 5,719,000 | 7,726,000 | 11,293,000 | 10,377,000 | 10,070,000 | 10,921,000 | 8,701,000 | 10,448,000 | 9,131,000 | 9,385,000 | 3,969,000 | 4,761,000 | 5,074,000 | 6,859,000 | 8,236,000 | 9,781,000 | 8,031,000 | 7,814,000 | 6,017,000 | 7,847,000 | 6,978,000 | 5,483,000 | 5,488,000 | 3,765,000 |
total current assets | 675,727,000 | 575,312,000 | 458,338,000 | 358,842,000 | 301,268,000 | 188,363,000 | 132,969,000 | 133,635,000 | 172,605,000 | 164,398,000 | 144,546,000 | 161,529,000 | 183,164,000 | 187,800,000 | 194,417,000 | 193,239,000 | 194,079,000 | 200,570,000 | 208,224,000 | 209,855,000 | 209,169,000 | 229,930,000 | 213,009,000 | 182,688,000 | 192,804,000 | 190,647,000 | 201,035,000 | 203,274,000 | 194,275,000 | 215,170,000 | 230,588,000 | 241,825,000 | 229,697,000 | 230,067,000 | 218,512,000 | 194,222,000 | 157,552,000 | 164,161,000 | 153,711,000 | 160,479,000 | 153,928,000 | 160,194,000 | 132,620,000 | 101,139,000 | 113,239,000 | 110,936,000 | 106,114,000 | 114,403,000 | 77,936,000 | 45,585,000 |
property, plant and equipment | 376,050,000 | 310,303,000 | 269,386,000 | 241,453,000 | 219,235,000 | 205,303,000 | 197,781,000 | 199,941,000 | 200,317,000 | 193,828,000 | 197,879,000 | 207,171,000 | 210,184,000 | 211,586,000 | 224,349,000 | 236,774,000 | 243,035,000 | 242,452,000 | 246,797,000 | 248,303,000 | 252,984,000 | 249,740,000 | 244,126,000 | 243,717,000 | 248,444,000 | 245,535,000 | 247,887,000 | 242,623,000 | 234,211,000 | 222,545,000 | 212,105,000 | 204,644,000 | 197,943,000 | 181,481,000 | 140,516,000 | 136,828,000 | 123,656,000 | 87,836,000 | 78,979,000 | 69,512,000 | 51,267,000 | 41,657,000 | 35,282,000 | 27,125,000 | ||||||
land use rights | 4,825,000 | 4,804,000 | 4,798,000 | 4,814,000 | 4,837,000 | 4,993,000 | 4,939,000 | 4,991,000 | 5,030,000 | 4,992,000 | 4,990,000 | 5,278,000 | 5,238,000 | 5,168,000 | 5,500,000 | 5,848,000 | 5,856,000 | 5,790,000 | 5,846,000 | 5,780,000 | 5,854,000 | 5,640,000 | 5,455,000 | 5,481,000 | 5,598,000 | 5,551,000 | 5,743,000 | 5,894,000 | 5,814,000 | 5,832,000 | 6,096,000 | 6,448,000 | 804,000 | 797,000 | 786,000 | 777,000 | 778,000 | 814,000 | 825,000 | 852,000 | 854,000 | 877,000 | 919,000 | 920,000 | 930,000 | 931,000 | 934,000 | 942,000 | 959,000 | 957,000 |
operating right of use asset | 49,697,000 | 9,216,000 | 9,646,000 | 4,102,000 | 4,249,000 | 4,552,000 | 5,026,000 | 4,992,000 | 5,296,000 | 5,381,000 | 5,566,000 | 5,600,000 | 6,165,000 | 6,623,000 | 7,078,000 | 7,277,000 | 7,503,000 | 7,486,000 | 7,729,000 | 7,792,000 | 7,552,000 | 7,645,000 | 7,768,000 | 7,738,000 | 7,912,000 | 8,293,000 | ||||||||||||||||||||||||
intangible assets | 3,623,000 | 3,640,000 | 3,639,000 | 3,634,000 | 3,680,000 | 3,663,000 | 3,616,000 | 3,610,000 | 3,628,000 | 3,626,000 | 3,625,000 | 3,655,000 | 3,699,000 | 3,740,000 | 3,763,000 | 3,792,000 | 3,836,000 | 3,877,000 | 3,888,000 | 3,943,000 | 3,999,000 | 4,031,000 | 4,006,000 | 4,051,000 | 4,081,000 | 4,072,000 | 4,028,000 | 4,001,000 | 3,977,000 | 3,971,000 | 3,978,000 | 4,015,000 | 4,007,000 | 4,041,000 | 4,007,000 | 3,984,000 | 3,993,000 | 4,004,000 | 3,962,000 | 3,959,000 | 3,900,000 | 3,858,000 | 3,837,000 | 3,828,000 | 3,833,000 | 3,830,000 | 3,841,000 | 3,848,000 | 851,000 | 828,000 |
other assets | 58,501,000 | 42,421,000 | 38,583,000 | 26,709,000 | 8,366,000 | 3,548,000 | 4,486,000 | 4,187,000 | 2,580,000 | 1,953,000 | 531,000 | 519,000 | 386,000 | 415,000 | 520,000 | 428,000 | 518,000 | 2,493,000 | 813,000 | 915,000 | 982,000 | 558,000 | 1,703,000 | 765,000 | 724,000 | 973,000 | 1,080,000 | 2,932,000 | 6,849,000 | 15,074,000 | 6,286,000 | 4,750,000 | 7,732,000 | 7,151,000 | 8,501,000 | 6,028,000 | 4,468,000 | 4,593,000 | 6,040,000 | 6,915,000 | 5,094,000 | 3,231,000 | 1,303,000 | 1,823,000 | 860,000 | 1,190,000 | 978,000 | 179,000 | 177,000 | 1,439,000 |
total assets | 1,168,423,000 | 978,528,000 | 796,850,000 | 644,668,000 | 547,032,000 | 409,972,000 | 348,040,000 | 350,916,000 | 389,186,000 | 373,792,000 | 356,877,000 | 383,551,000 | 408,263,000 | 414,343,000 | 434,755,000 | 446,753,000 | 454,459,000 | 462,524,000 | 473,144,000 | 476,362,000 | 480,805,000 | 497,787,000 | 478,091,000 | 453,536,000 | 466,825,000 | 483,878,000 | 495,122,000 | 491,205,000 | 466,840,000 | 481,085,000 | 472,204,000 | 475,617,000 | 452,984,000 | 438,704,000 | 406,986,000 | 367,626,000 | 322,318,000 | 326,791,000 | 301,366,000 | 295,861,000 | 273,475,000 | 256,949,000 | 222,747,000 | 186,215,000 | 183,670,000 | 168,154,000 | 153,524,000 | 154,654,000 | 111,057,000 | 75,934,000 |
liabilities and stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 143,932,000 | 150,145,000 | 132,962,000 | 124,866,000 | 104,969,000 | 55,991,000 | 33,518,000 | 23,639,000 | 32,892,000 | 34,854,000 | 35,111,000 | 38,419,000 | 47,845,000 | 52,311,000 | 52,496,000 | 40,044,000 | 34,402,000 | 28,333,000 | 25,593,000 | 26,201,000 | 29,482,000 | 56,134,000 | 51,154,000 | 36,236,000 | 32,828,000 | 28,074,000 | 31,526,000 | 28,332,000 | 29,910,000 | 53,706,000 | 51,429,000 | 46,223,000 | 43,624,000 | 50,993,000 | 53,321,000 | 48,252,000 | 36,375,000 | 32,413,000 | 33,130,000 | 25,113,000 | 28,668,000 | 31,518,000 | 29,755,000 | 25,301,000 | 30,799,000 | 22,616,000 | 22,631,000 | 17,105,000 | 15,010,000 | 11,282,000 |
bank acceptance payable | 33,363,000 | 34,046,000 | 32,107,000 | 23,992,000 | 19,259,000 | 9,934,000 | 5,048,000 | 10,712,000 | 15,482,000 | 14,383,000 | 8,637,000 | 19,196,000 | 12,337,000 | 13,760,000 | 10,273,000 | 9,955,000 | 8,198,000 | 6,481,000 | 6,469,000 | 6,344,000 | 15,860,000 | 13,366,000 | 9,866,000 | 9,550,000 | 6,310,000 | 4,080,000 | 2,532,000 | 5,198,000 | 4,628,000 | 307,000 | 3,231,000 | 2,435,000 | 2,411,000 | 2,998,000 | 3,109,000 | 2,660,000 | 1,445,000 | 1,271,000 | 2,115,000 | 2,377,000 | 2,691,000 | 2,347,000 | 3,040,000 | |||||||
accrued liabilities | 42,491,000 | 34,135,000 | 27,686,000 | 20,488,000 | 22,091,000 | 19,140,000 | 17,210,000 | 13,345,000 | 18,549,000 | 16,383,000 | 14,702,000 | 13,505,000 | 17,222,000 | 12,444,000 | 12,440,000 | 13,237,000 | 15,587,000 | 16,204,000 | 15,509,000 | 14,028,000 | 18,511,000 | 17,526,000 | 15,557,000 | 10,677,000 | 17,864,000 | 15,542,000 | 13,986,000 | 12,424,000 | 19,291,000 | 20,723,000 | 16,651,000 | 13,358,000 | 19,103,000 | 16,801,000 | 13,850,000 | 10,535,000 | 15,426,000 | 11,316,000 | 13,762,000 | 9,308,000 | 11,506,000 | 9,941,000 | 7,348,000 | 6,318,000 | 6,940,000 | 4,960,000 | 5,606,000 | 4,072,000 | 4,515,000 | 3,557,000 |
current lease liability - operating | 3,522,000 | 1,349,000 | 1,380,000 | 1,115,000 | 1,087,000 | 1,095,000 | 1,149,000 | 1,059,000 | 1,055,000 | 1,035,000 | 1,041,000 | 998,000 | 1,023,000 | 1,046,000 | 1,062,000 | 1,045,000 | 1,020,000 | 1,021,000 | 1,012,000 | 983,000 | 941,000 | 938,000 | 965,000 | |||||||||||||||||||||||||||
current portion of notes payable and long-term debt | 33,975,000 | 22,183,000 | 20,312,000 | 22,370,000 | 29,483,000 | 22,506,000 | 24,129,000 | 23,197,000 | 31,323,000 | 37,276,000 | 50,921,000 | 57,074,000 | 51,357,000 | 53,565,000 | 52,233,000 | 49,689,000 | 41,254,000 | 41,876,000 | 50,803,000 | 38,265,000 | 44,292,000 | 42,234,000 | 38,096,000 | 33,371,000 | 15,803,000 | 19,180,000 | 18,168,000 | 23,589,000 | 8,275,000 | 3,161,000 | 2,690,000 | 559,000 | 3,638,000 | 4,552,000 | 4,690,000 | 7,865,000 | 25,092,000 | 28,828,000 | 40,972,000 | 30,908,000 | 18,721,000 | 9,591,000 | 9,392,000 | 9,562,000 | 16,054,000 | 17,185,000 | 12,095,000 | |||
total current liabilities | 257,283,000 | 249,142,000 | 216,843,000 | 191,007,000 | 170,069,000 | 117,102,000 | 80,939,000 | 74,609,000 | 93,358,000 | 188,248,000 | 187,470,000 | 205,607,000 | 138,582,000 | 130,889,000 | 129,816,000 | 116,534,000 | 108,957,000 | 93,335,000 | 90,485,000 | 98,415,000 | 103,148,000 | 132,318,000 | 119,769,000 | 95,514,000 | 91,355,000 | 64,423,000 | 68,127,000 | 65,175,000 | 77,418,000 | 82,704,000 | 71,705,000 | 69,859,000 | 70,708,000 | 76,891,000 | 76,670,000 | 67,590,000 | 59,973,000 | 72,052,000 | 78,155,000 | 77,804,000 | 74,080,000 | 65,361,000 | 70,753,000 | 51,785,000 | 48,601,000 | 39,083,000 | 40,176,000 | 39,922,000 | 39,057,000 | 29,974,000 |
convertible senior notes | 129,829,000 | 130,120,000 | 133,936,000 | 134,229,000 | 134,497,000 | 77,053,000 | 76,690,000 | 76,331,000 | 76,233,000 | 79,506,000 | 79,298,000 | 79,090,000 | 78,884,000 | 78,680,000 | 78,472,000 | 78,264,000 | 78,058,000 | 77,854,000 | 77,646,000 | 77,439,000 | 77,235,000 | 77,041,000 | 76,835,000 | 76,630,000 | 76,439,000 | |||||||||||||||||||||||||
non-current lease liability - operating | 47,393,000 | 8,608,000 | 9,041,000 | 3,731,000 | 3,917,000 | 4,250,000 | 4,726,000 | 4,767,000 | 5,148,000 | 5,307,000 | 5,505,000 | 5,570,000 | 6,202,000 | 6,699,000 | 7,189,000 | 7,410,000 | 7,672,000 | 7,654,000 | 7,926,000 | 8,007,000 | 7,795,000 | 7,878,000 | 7,983,000 | |||||||||||||||||||||||||||
long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 434,505,000 | 419,443,000 | 371,869,000 | 335,655,000 | 317,920,000 | 197,886,000 | 161,546,000 | 155,190,000 | 174,317,000 | 195,439,000 | 193,618,000 | 210,914,000 | 223,593,000 | 215,805,000 | 215,161,000 | 207,176,000 | 199,889,000 | 198,556,000 | 195,853,000 | 197,890,000 | 202,914,000 | 232,621,000 | 220,636,000 | 196,037,000 | 193,031,000 | 181,593,000 | 183,407,000 | 167,587,000 | 137,746,000 | 145,600,000 | 129,573,000 | 132,323,000 | 119,708,000 | 114,262,000 | 99,484,000 | 91,453,000 | 94,934,000 | 139,253,000 | 134,195,000 | 129,982,000 | 108,077,000 | 94,047,000 | 100,849,000 | 71,308,000 | 68,658,000 | 54,333,000 | 41,743,000 | 45,506,000 | 47,980,000 | 44,592,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized at 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 120,000 shares authorized at 0.001 par value... | 75,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 1,224,538,000 | 1,045,986,000 | 893,927,000 | 772,738,000 | 683,462,000 | 543,492,000 | 502,387,000 | 484,663,000 | 478,972,000 | 431,766,000 | 407,003,000 | 394,147,000 | 391,526,000 | 388,316,000 | 385,531,000 | 383,474,000 | 381,143,000 | 378,207,000 | 375,312,000 | 371,920,000 | 354,685,000 | 335,035,000 | 323,405,000 | 306,305,000 | 303,401,000 | 300,725,000 | 297,922,000 | 295,130,000 | 292,480,000 | 290,070,000 | 288,686,000 | 286,938,000 | 285,376,000 | 285,600,000 | 290,067,000 | 288,606,000 | 265,264,000 | 236,646,000 | 235,338,000 | 234,229,000 | 233,336,000 | 232,799,000 | 193,488,000 | 192,705,000 | 192,112,000 | 191,439,000 | 190,861,000 | 190,286,000 | 144,023,000 | 4,801,000 |
accumulated other comprehensive loss | -617,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -490,078,000 | -488,057,000 | -470,121,000 | -461,023,000 | -451,851,000 | -332,160,000 | -314,403,000 | -288,288,000 | -265,116,000 | -251,259,000 | -242,306,000 | -225,362,000 | -209,068,000 | -188,818,000 | -173,191,000 | -158,733,000 | -142,671,000 | -128,131,000 | -112,334,000 | -104,131,000 | -88,509,000 | -75,070,000 | -65,454,000 | -46,854,000 | -16,024,000 | -37,013,000 | -51,238,000 | -68,974,000 | -69,577,000 | -68,247,000 | -70,926,000 | -73,626,000 | -79,715,000 | -79,040,000 | -79,742,000 | -81,319,000 | -83,238,000 | -83,323,000 | -82,802,000 | |||||||||||
total stockholders' equity | 733,918,000 | 559,085,000 | 424,981,000 | 309,013,000 | 229,112,000 | 212,086,000 | 186,494,000 | 195,726,000 | 214,869,000 | 178,353,000 | 163,259,000 | 172,637,000 | 184,670,000 | 198,538,000 | 219,594,000 | 239,577,000 | 254,570,000 | 263,968,000 | 277,291,000 | 278,472,000 | 277,891,000 | 265,166,000 | 257,455,000 | 257,499,000 | 273,794,000 | 302,285,000 | 311,715,000 | 323,618,000 | 329,094,000 | 335,485,000 | 342,631,000 | 343,294,000 | 333,276,000 | 324,442,000 | 307,502,000 | 276,173,000 | 227,384,000 | 187,538,000 | 167,171,000 | 165,879,000 | 165,398,000 | 162,902,000 | 121,898,000 | 114,907,000 | 115,012,000 | 113,821,000 | 111,781,000 | 109,148,000 | 63,077,000 | 31,342,000 |
total liabilities and stockholders' equity | 1,168,423,000 | 978,528,000 | 796,850,000 | 644,668,000 | 547,032,000 | 409,972,000 | 348,040,000 | 350,916,000 | 389,186,000 | 373,792,000 | 356,877,000 | 383,551,000 | 408,263,000 | 414,343,000 | 434,755,000 | 446,753,000 | 454,459,000 | 462,524,000 | 473,144,000 | 476,362,000 | 480,805,000 | 497,787,000 | 478,091,000 | 453,536,000 | 466,825,000 | 483,878,000 | 495,122,000 | 491,205,000 | 466,840,000 | 481,085,000 | 472,204,000 | 475,617,000 | 452,984,000 | 438,704,000 | 406,986,000 | 367,626,000 | 322,318,000 | 326,791,000 | 301,366,000 | 295,861,000 | 273,475,000 | 256,949,000 | 222,747,000 | 186,215,000 | 183,670,000 | 168,154,000 | 153,524,000 | 154,654,000 | 111,057,000 | |
current assets | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating right of use assets | 42,048,000 | 22,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||
current lease liabilities - operating | 2,838,000 | 1,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 27,978,000 | 20,793,000 | 30,990,000 | |||||||||||||||||||||||||||||||||||||||||||||||
non-current lease liabilities - operating | 40,181,000 | 21,090,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock; 5,000 shares authorized at 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 120,000 and 80,000 shares authorized at 0.001 par value... | 68,000 | 62,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 1,088,000 | 1,113,000 | -2,755,000 | -2,548,000 | 709,000 | -1,531,000 | -688,000 | 975,000 | -2,188,000 | -1,470,000 | 3,823,000 | 2,183,000 | -988,000 | 7,226,000 | 14,809,000 | 16,071,000 | 13,865,000 | 14,286,000 | 10,656,000 | 11,690,000 | 430,000 | -3,832,000 | -379,000 | 2,950,000 | 602,000 | 835,000 | 5,633,000 | 16,078,000 | ||||||||||||||||||||||
long term debt | 1,811,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 80,000 shares authorized at 0.001 par value... | 53,000 | 49,000 | 45,000 | 41,000 | 39,000 | 38,000 | 34,000 | |||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 1 and 3, respectively | 116,801,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable | 47,000 | 435,000 | 352,000 | 219,000 | 782,000 | 1,079,000 | 339,000 | 9,000 | 212,000 | 1,195,000 | 8,148,000 | 8,505,000 | 3,819,000 | 1,440,000 | 401,000 | 136,000 | 79,000 | 651,000 | 980,000 | |||||||||||||||||||||||||||||||
prepaid income tax | 4,000 | 4,000 | 4,000 | 2,000 | 3,000 | 2,000 | 2,000 | 1,000 | 2,000 | 2,000 | 2,000 | 2,000 | 177,000 | 210,000 | 375,000 | 224,000 | 759,000 | 1,312,000 | 1,423,000 | 1,188,000 | 763,000 | 638,000 | 1,326,000 | 1,394,000 | ||||||||||||||||||||||||||
unearned revenue | 1,439,000 | 1,570,000 | 1,689,000 | 1,803,000 | 10,073,000 | 10,720,000 | ||||||||||||||||||||||||||||||||||||||||||||
current portion of convertible senior notes | 80,124,000 | 79,916,000 | 79,710,000 | |||||||||||||||||||||||||||||||||||||||||||||||
notes payable and long-term debt, less current portion | 4,313,000 | 5,000,000 | 5,000,000 | 19,271,000 | 19,360,000 | 13,686,000 | 13,904,000 | 14,564,000 | 15,542,000 | 15,315,000 | 16,552,000 | 32,373,000 | 30,468,000 | 17,535,000 | 60,328,000 | 62,896,000 | 57,868,000 | 62,464,000 | 49,000,000 | 37,371,000 | 22,814,000 | 23,863,000 | 34,961,000 | 67,201,000 | 56,040,000 | 52,178,000 | 33,997,000 | 18,773,000 | 19,057,000 | 14,000,000 | 67,000 | 3,834,000 | 8,923,000 | 14,618,000 | ||||||||||||||||
accounts receivable - trade, net of allowance of 1,805 and 3, respectively | 75,154,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 1,839 and 3, respectively | 57,661,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 0 and 3, respectively | 57,476,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 3 and 28, respectively | 48,071,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
financing right of use asset | 3,000 | 10,000 | 18,000 | 26,000 | 34,000 | 41,000 | 49,000 | 57,000 | 65,000 | 73,000 | 80,000 | 88,000 | 96,000 | 104,000 | 111,000 | 119,000 | ||||||||||||||||||||||||||||||||||
current lease liability - financing | 49,000 | 53,000 | 58,000 | 63,000 | 19,000 | 19,000 | 19,000 | 19,000 | 18,000 | 18,000 | 18,000 | 18,000 | 17,000 | 17,000 | 17,000 | 17,000 | ||||||||||||||||||||||||||||||||||
current portion of convertible notes | 286,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 1 and 28, respectively | 60,751,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
unearned revenue, net of current portion | 2,424,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 9 and 28, respectively | 42,598,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 45,000 shares authorized at 0.001 par value... | 32,000 | 29,000 | 29,000 | 28,000 | 28,000 | 27,000 | 27,000 | 27,000 | 27,000 | 27,000 | 25,000 | 23,000 | 22,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 19,000 | 19,000 | 19,000 | 19,000 | 18,000 | 17,000 | ||||||||||||||||||||||
accounts receivable - trade, net of allowance of 39 and 28, respectively | 56,799,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred revenue | 2,763,000 | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 28 and 30, respectively | 61,175,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
non-current lease liability - financing | 48,000 | 53,000 | 59,000 | 63,000 | 68,000 | 72,000 | 77,000 | 82,000 | 86,000 | 91,000 | 95,000 | 100,000 | ||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 23 and 30, respectively | 52,823,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 26 and 30, respectively | 49,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 29 and 30, respectively | 54,218,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 30 and 62, respectively | 47,944,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 62 and 62, respectively | 43,942,000 | 48,404,000 | 47,570,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 62 and 30, respectively | 43,042,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax assets | 2,136,000 | 9,078,000 | 7,287,000 | 29,362,000 | 27,437,000 | 24,188,000 | 21,714,000 | 18,493,000 | 13,151,000 | 13,935,000 | 12,801,000 | 15,167,000 | 10,026,000 | 12,049,000 | 11,421,000 | 11,856,000 | ||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 30 and 30, respectively | 51,453,000 | 50,029,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss) and income | 5,178,000 | -518,000 | -1,972,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 65 and 30, respectively | 25,783,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 30 and 32, respectively | 34,655,000 | 29,709,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | -30,057,000 | 5,372,000 | 14,152,000 | 25,518,000 | 35,992,000 | 44,560,000 | 48,292,000 | 40,258,000 | 38,138,000 | 32,423,000 | 13,047,000 | |||||||||||||||||||||||||||||||||||||||
current lease liability | 924,000 | 903,000 | 1,053,000 | |||||||||||||||||||||||||||||||||||||||||||||||
non-current lease liability | 7,962,000 | 8,182,000 | 8,438,000 | |||||||||||||||||||||||||||||||||||||||||||||||
| 2,019,000 | 2,019,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
revenue | 46,084,000 | 43,411,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cost of goods sold | 34,108,000 | 32,873,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gross profit | 11,976,000 | 10,538,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||
research and development | 10,466,000 | 11,151,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 2,518,000 | 2,331,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 9,988,000 | 10,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 22,972,000 | 24,366,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income from operations | -10,996,000 | -13,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other income | 1,446,000 | 451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 347,000 | 310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -1,517,000 | -1,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 276,000 | -729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -10,720,000 | -14,557,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 1,940,000 | 3,191,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income | -8,780,000 | -11,366,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | ||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -440 | -570 | ||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -440 | -570 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares used for eps calculation | ||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 30 and 31, respectively | 28,406,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 32 and 31, respectively | 32,123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 6,022,000 | 36,000 | 36,000 | 42,000 | 42,000 | 44,000 | 47,000 | 47,000 | 7,960,000 | 7,886,000 | 8,024,000 | 8,324,000 | 8,190,000 | 8,189,000 | 7,958,000 | 7,957,000 | 7,898,000 | 7,970,000 | ||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 32 and 33, respectively | 30,534,000 | 48,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accrued income taxes | 464,000 | 7,588,000 | 7,422,000 | 5,459,000 | 4,947,000 | 4,113,000 | ||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 31 and 33, respectively | 32,028,000 | 53,655,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 33 and 31, respectively | 59,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash restricted for construction in progress | 8,000 | 847,000 | 953,000 | 5,089,000 | 8,993,000 | |||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive gain | 9,743,000 | 6,400,000 | 4,369,000 | 3,572,000 | -885,000 | 2,113,000 | 790,000 | 1,210,000 | 292,000 | 1,012,000 | 2,021,000 | 1,902,000 | 1,925,000 | 2,109,000 | 2,224,000 | 2,085,000 | 2,364,000 | 2,320,000 | ||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 31 | 73,029,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 31 at june 30, 2017 and december 31, 2016, respectively | 73,759,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment, net of accumulated depreciation | 165,154,000 | 150,566,000 | 144,098,000 | 109,699,000 | 31,134,000 | |||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 31, respectively | 66,759,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 31 and 51, respectively | 49,766,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade | 44,242,000 | 41,536,000 | 34,868,000 | 41,069,000 | 32,907,000 | 29,962,000 | 24,181,000 | 24,968,000 | 23,837,000 | 17,043,000 | ||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at september 30, 2016 and december 31, 2015, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized; 17,192 and 16,839 shares issued and outstanding at september 30, 2016 and at december 31, 2015, 0.001 par value | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at june 30, 2016 and december 31, 2015, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized;17,107 and 16,839 shares issued and outstanding at june 30, 2016 and at december 31, 2015, 0.001 par value | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at march 31, 2016 and december 31, 2015, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized;17,070 and 16,839 shares issued and outstanding at march 31, 2016 and at december 31, 2015, 0.001 par value | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 51 and 43, respectively | 38,775,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other long-term liabilities | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current portion | 28,436,000 | 29,596,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other long term liabilities | 250,000 | 500,000 | 750,000 | 1,250,000 | 1,500,000 | 1,750,000 | ||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at september 30, 2015 and december 31, 2014, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized; 16,826 shares issued and outstanding at september 30, 2015, 0.001 par value... | 17,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at june 30, 2015 and december 31, 2014, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized; 14,949 shares issued and outstanding at june 30, 2015, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at march 31, 2015 and december 31, 2014, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized; 14,893 shares issued and outstanding at march 31, 2015, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 43 and 42, respectively | 31,589,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
property, plant and equipment, net of 32,412 and 28,145, respectively | 64,808,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock; 5,000 shares authorized; no shares issued and outstanding at december 31, 2014 or 2013, respectively, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 45,000 shares authorized; 14,824 shares issued and outstanding at december 31, 2014, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: 5,000 shares authorized; no shares issued and outstanding at september 30, 2014 and december 31, 2013, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: 45,000 shares authorized; 14,815 shares issued and outstanding at september 30, 2014, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock; 5,000 shares authorized; no shares issued and outstanding at june 30, 2014 and december 31, 2013, 0.001 par value | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 45,000 shares authorized; 14,798 shares issued and outstanding at june 30, 2014, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock | 105,801,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 45,000 shares authorized; 14,730 shares issued and outstanding at march 31, 2014, 0.001 par value... | 15,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable - trade, net of allowance of 42, 59 and 61, respectively | 22,089,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
bank acceptance receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable convertible preferred stock and convertible preferred stock; 5,000 shares authorized; no shares issued and outstanding at december 31, 2013, 0.001 par value... | ||||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 45,000 shares authorized; 12,644 shares issued and outstanding at december 31, 2013, 0.001 par value... | 13,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
common stock; 300,000 shares authorized; 266 shares issued and outstanding at december 31, 2012, no par value; 290 shares issued and outstanding at september 30, 2013, 0.001 par value | 1,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 75,934,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net loss | -2,022,000 | -17,936,000 | -9,098,000 | -9,172,000 | -119,691,000 | -17,757,000 | -26,115,000 | -23,170,000 | -13,858,000 | -8,953,000 | -16,945,000 | -16,292,000 | -20,250,000 | -15,629,000 | -14,456,000 | -16,062,000 | -14,540,000 | -15,797,000 | -8,203,000 | -15,622,000 | -13,439,000 | -9,616,000 | -18,600,000 | -16,797,000 | -1,330,000 | -521,000 | |||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
allowance for credit losses | -1,000 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||
inventory reserve adjustment | 2,416,000 | 1,655,000 | 1,856,000 | 1,872,000 | -667,000 | 1,446,000 | 1,607,000 | 2,426,000 | 2,440,000 | 2,588,000 | |||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 8,205,000 | 7,366,000 | 6,400,000 | 5,725,000 | 5,356,000 | 5,231,000 | 5,067,000 | 4,995,000 | 4,928,000 | 4,977,000 | 5,193,000 | 5,329,000 | 5,504,000 | 5,703,000 | 5,887,000 | 6,108,000 | 6,183,000 | 6,318,000 | 6,426,000 | 6,444,000 | 6,383,000 | 6,196,000 | 6,123,000 | 6,031,000 | 6,032,000 | 6,018,000 | 6,016,000 | 5,948,000 | 7,891,000 | 7,516,000 | 7,327,000 | 6,964,000 | 6,049,000 | 5,403,000 | 4,627,000 | 4,302,000 | -9,911,812 | 3,685,000 | 3,284,000 | 2,957,000 | 2,691,000 | 2,420,000 | 2,279,000 | 2,034,000 | 1,820,000 | 1,679,000 | 1,431,000 | 1,239,000 | 971,000 |
amortization of debt issuance cost and premium | |||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of assets | 7,000 | 22,000 | 1,000 | 8,000 | 28,000 | 4,000 | 3,000 | ||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 2,868,000 | 3,116,000 | 3,164,000 | 2,562,000 | 2,949,000 | 2,944,000 | 6,058,000 | 2,839,000 | 3,297,000 | 3,235,000 | 3,062,000 | 2,290,000 | 2,357,000 | 2,627,000 | 2,144,000 | 2,472,000 | 3,199,000 | 3,129,000 | 3,274,000 | 2,519,000 | 3,242,000 | 3,264,000 | 3,302,000 | 3,238,000 | 2,865,000 | 2,978,000 | 3,019,000 | 2,942,000 | 2,758,000 | 2,894,000 | 2,899,000 | 2,569,000 | 1,946,000 | 2,082,000 | 2,260,000 | 1,507,000 | |||||||||||||
deferred income tax | |||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | |||||||||||||||||||||||||||||||||||||||||||||||||
warrants contra revenue | 732,000 | 38,000 | |||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange loss | -213,000 | -102,000 | 424,000 | -730,000 | 564,000 | -82,000 | -1,065,000 | 638,000 | -54,000 | -144,000 | -110,000 | 3,508,063 | |||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable, trade | -20,365,000 | -12,580,000 | -40,352,000 | -54,300,000 | -39,843,000 | -17,459,000 | -2,023,000 | -9,402,000 | 12,678,000 | -18,146,000 | 14,231,000 | 4,365,000 | -15,007,000 | -3,680,000 | 6,161,000 | -223,000 | -6,120,000 | 4,462,000 | -834,000 | -4,528,000 | 8,378,000 | -7,109,000 | -18,526,000 | 8,836,000 | -5,180,000 | -1,303,000 | 3,717,000 | -1,589,000 | 1,494,000 | 16,640,000 | 4,987,000 | 6,195,000 | 13,181,000 | 731,000 | -7,393,000 | -16,599,000 | |||||||||||||
inventories | -16,110,000 | -33,564,000 | -34,854,000 | -16,194,000 | -26,652,000 | -8,339,000 | -1,712,000 | 7,291,000 | 3,873,000 | -4,063,000 | -423,000 | 7,403,000 | 13,884,000 | -1,204,000 | -9,552,000 | -1,978,000 | 2,235,000 | 4,617,000 | 6,090,000 | 2,844,000 | 3,629,000 | -11,941,000 | -10,829,000 | -4,533,000 | -1,637,000 | -3,149,000 | -958,000 | 7,304,000 | 12,885,000 | -19,674,000 | -5,853,000 | -15,761,000 | -763,000 | -14,756,000 | -2,063,000 | -4,294,000 | -9,412,793 | 4,680,000 | |||||||||||
other current assets | -2,183,000 | -9,870,000 | -1,716,000 | 244,000 | -10,003,000 | -2,871,000 | -373,000 | 1,215,000 | -376,000 | 1,287,000 | 177,000 | -80,000 | -155,000 | -133,000 | -696,000 | -1,422,000 | 419,000 | 376,000 | 148,000 | -76,000 | 3,912,000 | -1,967,000 | 360,000 | -1,085,000 | -63,000 | -2,000 | 1,909,000 | 3,670,000 | -926,000 | -524,000 | 381,000 | -1,870,000 | 1,877,000 | -1,217,000 | 273,000 | -5,118,000 | 1,415,000 | 1,449,000 | -2,165,000 | -144,000 | -1,764,000 | 1,659,000 | -929,000 | -1,429,000 | -46,000 | -1,736,000 | |||
operating right of use asset | -9,049,000 | -20,647,000 | -11,518,000 | 314,000 | -5,811,000 | 242,000 | 246,000 | 296,000 | 185,000 | 141,000 | -26,000 | 230,000 | 223,000 | 189,000 | 233,000 | 243,000 | 239,000 | 228,000 | 151,000 | 230,000 | 218,000 | -111,000 | 237,000 | 63,000 | 109,000 | 177,000 | 316,000 | 245,000 | |||||||||||||||||||||
accounts payable | -6,213,000 | 17,183,000 | 8,097,000 | 19,896,000 | 48,977,000 | 22,473,000 | 9,879,000 | -9,253,000 | -1,961,000 | -257,000 | -3,308,000 | -9,427,000 | 2,185,000 | -185,000 | 11,372,000 | -406,000 | 8,218,000 | 2,740,000 | -608,000 | -3,281,000 | -26,653,000 | 10,618,000 | 9,280,000 | 3,408,000 | 4,986,000 | -3,451,000 | 3,194,000 | -1,579,000 | -23,796,000 | 2,277,000 | 5,206,000 | 2,599,000 | -7,369,000 | -2,863,000 | 7,240,000 | 10,241,000 | -3,876,895 | -976,000 | 8,446,000 | -3,584,000 | -2,915,000 | 2,775,000 | 4,145,000 | -5,263,000 | 9,621,000 | 50,000 | 5,039,000 | 4,048,000 | 3,729,000 |
accrued liabilities | 10,844,000 | 10,540,000 | 6,696,000 | -1,569,000 | 3,214,000 | 1,763,000 | 3,920,000 | -5,071,000 | 1,933,000 | 1,758,000 | 1,457,000 | -3,815,000 | 7,572,000 | 418,000 | -459,000 | -2,271,000 | -720,000 | 710,000 | 1,367,000 | -4,449,000 | 664,000 | 1,703,000 | 4,794,000 | -7,117,000 | 2,097,000 | 1,638,000 | 1,655,000 | -5,698,000 | -1,387,000 | 4,230,000 | 3,763,000 | -6,052,000 | 2,125,000 | 2,855,000 | 3,293,000 | -4,221,000 | 271,095 | -2,543,000 | 4,514,000 | -2,238,000 | 1,771,000 | 2,906,000 | 987,000 | -647,000 | 2,061,000 | -610,000 | 1,503,000 | -406,000 | 964,000 |
unearned revenue | -1,439,000 | -131,000 | -119,000 | -114,000 | -10,694,000 | 777,000 | 8,957,000 | -237,000 | |||||||||||||||||||||||||||||||||||||||||
lease liability | 9,333,000 | 20,763,000 | 11,568,000 | -339,000 | 5,869,000 | -270,000 | -275,000 | -318,000 | -212,000 | -183,000 | -8,000 | -257,000 | -245,000 | -212,000 | -256,000 | -256,000 | -252,000 | -239,000 | -179,000 | -248,000 | -232,000 | 103,000 | -247,000 | -62,000 | -119,000 | -204,000 | -331,000 | -242,000 | |||||||||||||||||||||
net cash from operating activities | -29,577,000 | -28,462,000 | -65,474,000 | -50,915,000 | -24,616,000 | -14,440,000 | -1,989,000 | -28,481,000 | 1,550,000 | -15,347,000 | 15,258,000 | -9,390,000 | -9,189,000 | 2,253,000 | -3,603,000 | 3,499,000 | 332,000 | -15,214,000 | -6,136,000 | -15,523,000 | -8,246,000 | -5,756,000 | 7,127,000 | 40,000 | -11,596,000 | 7,546,000 | 22,143,000 | -4,064,000 | 26,786,000 | 7,614,000 | 40,208,000 | 9,676,000 | -28,310,896 | 6,231,000 | 13,229,000 | 8,908,000 | 4,719,000 | -9,345,000 | 3,212,000 | -13,798,000 | 6,577,000 | 697,000 | 939,000 | -971,000 | -4,098,000 | ||||
capital expenditures | -75,035,000 | -50,245,000 | -25,479,000 | -28,389,000 | -28,379,000 | -6,288,000 | -2,978,000 | -5,761,000 | -6,164,000 | -1,455,000 | -885,000 | -575,000 | -781,000 | -647,000 | -1,022,000 | -1,973,000 | -1,370,000 | -2,212,000 | -5,373,000 | -3,972,000 | -2,787,000 | 304,000 | -13,474,000 | -12,812,000 | -19,586,000 | -21,373,000 | -21,236,000 | -9,659,000 | -20,439,000 | -19,842,000 | -19,133,000 | -7,554,000 | 40,283,558 | -6,565,000 | -17,553,000 | -16,215,000 | -25,148,000 | -14,553,000 | -11,046,000 | -6,333,000 | -16,356,000 | -11,672,000 | -7,454,000 | -5,647,000 | -4,903,000 | ||||
free cash flows | -104,612,000 | -78,707,000 | -90,953,000 | -79,304,000 | -52,995,000 | -20,728,000 | -4,967,000 | -34,242,000 | -4,614,000 | -16,802,000 | 14,373,000 | -9,965,000 | -9,970,000 | 1,606,000 | -4,625,000 | 1,526,000 | -1,038,000 | -17,426,000 | -11,509,000 | -19,495,000 | -11,033,000 | -5,452,000 | -6,347,000 | -12,772,000 | -31,182,000 | -13,827,000 | 907,000 | -13,723,000 | 6,347,000 | -12,228,000 | 21,075,000 | 2,122,000 | 11,972,662 | -334,000 | -4,324,000 | -7,307,000 | -20,429,000 | -23,898,000 | -7,834,000 | -20,131,000 | -9,779,000 | -10,975,000 | -6,515,000 | -6,618,000 | -9,001,000 | ||||
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property, plant and equipment | -75,035,000 | -50,245,000 | -25,479,000 | -28,389,000 | -28,379,000 | -6,288,000 | -2,978,000 | -5,761,000 | -6,164,000 | -1,455,000 | -885,000 | -575,000 | -760,000 | -781,000 | -647,000 | -1,022,000 | -2,426,000 | -1,973,000 | -1,370,000 | -2,212,000 | -3,663,000 | -5,373,000 | -3,972,000 | -2,787,000 | -2,807,000 | 304,000 | -13,474,000 | -12,812,000 | -19,586,000 | -21,373,000 | -21,236,000 | -9,659,000 | -20,439,000 | -19,842,000 | -19,133,000 | -7,554,000 | 40,283,558 | -6,565,000 | -17,553,000 | -16,215,000 | -25,148,000 | -14,553,000 | -11,046,000 | -6,333,000 | -16,356,000 | -11,672,000 | -7,454,000 | -5,647,000 | -4,903,000 |
proceeds from disposal of equipment | 0 | 2,000 | 4,000 | 65,000 | 1,000 | 65,000 | 285,000 | 0 | 3,000 | 115,000 | 3,000 | 1,000 | 50,000 | 114,000 | 0 | 52,000 | -1,000 | 1,000 | 0 | 1,000 | 0 | 686,000 | 0 | 1,000 | 5,000 | 165,000 | -1,305,986 | 551,000 | 299,000 | 456,000 | 273,000 | 33,000 | 2,000 | 33,000 | 0 | 12,000 | |||||||||||||
deposits and prepayment for equipment | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | -109,000 | -125,000 | -80,000 | -65,000 | -132,000 | -144,000 | -109,000 | -121,000 | -162,000 | -175,000 | -138,000 | -113,000 | -108,000 | -145,000 | -131,000 | -114,000 | -133,000 | -136,000 | -93,000 | -95,000 | -113,000 | -168,000 | -96,000 | -112,000 | -143,000 | -181,000 | -161,000 | -155,000 | -133,000 | -118,000 | -91,000 | -134,000 | -92,000 | -156,000 | -143,000 | -108,000 | 439,453 | -157,000 | -115,000 | -168,000 | -147,000 | -126,000 | -111,000 | -94,000 | -103,000 | -84,000 | -88,000 | -3,065,000 | -40,000 |
net cash from investing activities | -84,932,000 | -50,478,000 | -38,893,000 | -36,301,000 | -29,270,000 | -9,271,000 | -4,084,000 | -8,072,000 | -9,603,000 | -3,248,000 | -1,127,000 | -783,000 | -624,000 | -1,200,000 | -959,000 | -1,051,000 | -2,637,000 | -3,977,000 | -1,510,000 | -2,422,000 | -4,272,000 | -5,856,000 | -6,019,000 | -3,200,000 | -5,119,000 | -6,159,000 | -11,803,000 | -9,035,000 | -5,489,000 | -35,805,000 | -23,000,000 | -12,220,000 | -21,041,000 | -18,522,000 | -21,675,000 | -8,921,000 | 31,864,457 | -5,496,000 | -8,742,000 | -17,668,000 | -25,963,000 | -12,487,000 | -6,763,000 | -16,407,000 | -16,336,000 | -11,944,000 | -8,400,000 | -8,708,000 | -12,919,000 |
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit borrowings | 9,873,000 | 29,214,000 | 15,565,000 | 6,546,000 | 14,456,000 | 13,186,000 | 7,997,000 | 1,704,000 | 25,861,000 | 19,482,000 | 26,602,000 | 35,508,000 | 41,395,000 | 19,010,000 | 37,183,000 | 27,230,000 | 39,512,000 | 22,030,000 | 21,063,000 | 27,721,000 | 24,916,000 | 24,138,000 | 20,823,000 | 27,614,000 | 10,859,000 | 41,812,000 | 33,313,000 | 35,000,000 | 44,953,000 | 52,003,000 | -115,680,828 | 43,817,000 | 40,832,000 | 31,149,000 | 44,463,000 | 27,917,000 | 46,915,000 | 25,091,000 | 23,364,000 | 19,531,000 | 4,975,000 | 5,788,000 | 7,033,000 | ||||||
repayments of line of credit borrowings | -4,233,000 | -24,070,000 | -15,565,000 | -11,143,000 | -15,077,000 | -7,972,000 | -14,702,000 | -7,027,000 | -7,853,000 | -38,579,000 | -25,402,000 | -27,310,000 | -30,926,000 | -39,062,000 | -24,365,000 | -36,803,000 | -23,799,000 | -26,320,000 | -28,576,000 | -18,741,000 | -28,689,000 | -20,000,000 | -22,000,000 | -24,088,000 | -16,464,000 | -25,747,000 | -39,891,000 | -31,725,000 | -38,370,000 | -55,583,000 | 114,378,932 | -39,299,000 | -52,129,000 | -23,114,000 | -36,659,000 | -36,872,000 | -31,602,000 | -16,253,000 | -22,809,000 | -5,620,000 | -7,350,000 | -14,954,000 | -7,602,000 | ||||||
proceeds from bank acceptance payable | 32,779,000 | 33,111,000 | 31,652,000 | 23,865,000 | 19,321,000 | 9,719,000 | 4,937,000 | 10,175,000 | 14,939,000 | 14,305,000 | 8,839,000 | 18,974,000 | 11,775,000 | 13,940,000 | 10,265,000 | 9,686,000 | 7,920,000 | 5,980,000 | 5,950,000 | 4,772,000 | 13,617,000 | 12,261,000 | 6,885,000 | 7,195,000 | 5,424,000 | 3,743,000 | 2,089,000 | 2,382,000 | -5,844,150 | 2,349,000 | 2,090,000 | 1,411,000 | 2,577,000 | 2,275,000 | 2,138,000 | 1,267,000 | 588,000 | 1,511,000 | 1,519,000 | 2,307,000 | 2,032,000 | ||||||||
repayments of bank acceptance payable | -33,806,000 | -31,406,000 | -23,642,000 | -19,178,000 | -9,684,000 | -4,997,000 | -10,575,000 | -14,912,000 | -14,049,000 | -8,620,000 | -18,786,000 | -12,293,000 | -13,511,000 | -9,770,000 | -9,324,000 | -7,968,000 | -6,315,000 | -5,944,000 | -5,926,000 | -14,280,000 | -11,740,000 | -9,221,000 | -6,579,000 | -3,798,000 | -3,270,000 | -2,107,000 | -4,658,000 | -1,917,000 | -2,000 | 0 | 0 | -307,000 | 5,522,602 | -1,536,000 | -1,988,000 | -2,007,000 | -2,638,000 | -1,707,000 | -930,000 | -1,086,000 | -1,441,000 | -1,772,000 | -1,833,000 | -1,940,000 | -2,744,000 | ||||
payment on issuance convertible notes | |||||||||||||||||||||||||||||||||||||||||||||||||
process from issuance of convertible senior notes, net of debt issuance cost | |||||||||||||||||||||||||||||||||||||||||||||||||
principal payments of financing lease | -48,000 | -5,000 | -5,000 | -5,000 | -5,000 | -5,000 | -4,000 | -5,000 | -5,000 | -4,000 | -5,000 | -4,000 | -4,000 | -5,000 | -4,000 | -4,000 | |||||||||||||||||||||||||||||||||
exercise of stock options | 0 | 35,000 | 0 | 0 | 0 | 8,000 | -1,000 | 11,000 | 6,000 | 1,000 | 0 | 7,000 | 0 | 67,000 | 1,000 | 52,000 | 61,000 | 98,000 | 678,000 | 623,000 | -479,141 | 261,000 | 134,000 | 85,000 | 22,000 | 103,000 | 250,000 | 77,000 | 55,000 | 91,000 | 112,000 | 107,000 | 86,000 | ||||||||||||||||
payments of tax withholding on behalf of employees related to share-based compensation | -1,273,000 | -1,360,000 | -6,135,000 | -1,686,000 | -1,280,000 | -383,000 | -1,659,000 | -1,011,000 | -316,000 | -481,000 | -84,000 | -75,000 | -116,000 | -110,000 | -87,000 | -140,000 | -264,000 | -294,000 | -144,000 | -258,000 | -267,000 | -347,000 | -207,000 | -259,000 | -195,000 | -176,000 | -227,000 | -299,000 | -349,000 | -1,576,000 | -1,151,000 | -1,061,000 | -2,231,000 | -6,647,000 | |||||||||||||||
proceeds from common stock offering | 176,353,000 | 146,791,000 | 124,105,000 | 71,665,000 | 87,799,000 | 38,548,000 | 16,120,000 | 3,826,000 | 36,672,000 | 22,025,000 | 9,880,000 | 407,000 | 1,000,000 | 0 | 61,000 | 262,000 | 15,074,000 | 16,571,000 | 8,703,000 | 14,004,000 | -75,000 | 0 | 0 | 0 | 21,572,000 | ||||||||||||||||||||||||
cash settlement of share-based compensation | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 179,693,000 | 152,255,000 | 125,979,000 | 70,014,000 | 89,711,000 | 31,302,000 | 21,062,000 | -12,874,000 | 1,088,000 | 5,166,000 | 3,585,000 | -1,734,000 | 3,736,000 | -4,887,000 | -870,000 | 2,370,000 | 17,475,000 | 10,463,000 | 11,877,000 | 18,247,000 | 6,854,000 | 3,010,000 | 249,000 | 11,318,000 | 28,019,000 | 16,867,000 | 8,632,000 | -5,272,000 | 14,576,000 | 6,370,000 | 6,320,000 | -2,096,000 | 7,650,000 | -26,549,358 | 8,198,000 | -8,122,000 | 26,478,000 | 14,067,000 | 28,168,000 | 22,664,000 | 8,215,000 | 4,095,000 | 13,884,000 | -10,759,000 | 40,030,000 | 31,673,000 | |||
effect of exchange rate changes on cash | 134,000 | -9,793,000 | -1,228,000 | 4,880,000 | 1,941,000 | -411,000 | 272,000 | 278,000 | 607,000 | 162,000 | 407,000 | 446,000 | -48,000 | 729,000 | 982,000 | -110,000 | 24,000 | -254,000 | -31,000 | -615,000 | -41,000 | -726,000 | -313,000 | 81,000 | -74,000 | 55,000 | -114,000 | 431,000 | 147,000 | -241,000 | 773,000 | 1,059,000 | -177,000 | 33,000 | -1,284,000 | 1,043,000 | -4,815,053 | 4,685,000 | 396,000 | -264,000 | -2,341,000 | 2,844,000 | -610,000 | -276,000 | 805,000 | 318,000 | -112,000 | 54,000 | 25,000 |
net increase in cash, cash equivalents and restricted cash | 65,318,000 | -7,954,000 | -841,000 | -3,608,000 | -4,511,000 | -5,348,000 | -11,611,000 | 6,528,000 | 19,455,000 | -71,000 | -19,868,000 | -5,356,000 | -649,000 | 11,938,000 | |||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 0 | 0 | 0 | 79,133,000 | 0 | 0 | 0 | 55,097,000 | 0 | 0 | 0 | 35,587,000 | 0 | 0 | 0 | 41,136,000 | 1,000 | 0 | 0 | 50,114,000 | 0 | 0 | 0 | 67,028,000 | 0 | 0 | 0 | 58,004,000 | 0 | 0 | 0 | 83,948,000 | 8,000 | ||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 65,318,000 | 63,522,000 | 20,384,000 | 66,811,000 | 37,766,000 | 25,249,000 | -1,287,000 | 17,405,000 | 23,856,000 | 2,629,000 | 1,664,000 | 26,948,000 | 1,012,000 | -6,075,000 | 542,000 | 40,108,000 | -7,760,000 | -1,602,000 | 1,161,000 | 49,338,000 | -7,954,000 | -841,000 | -3,608,000 | 62,517,000 | -5,348,000 | -11,611,000 | 6,528,000 | 77,459,000 | -71,000 | -19,868,000 | -5,356,000 | 83,299,000 | 11,946,000 | ||||||||||||||||
supplemental disclosure of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||
cash paid for: | |||||||||||||||||||||||||||||||||||||||||||||||||
interest | 239,000 | 2,435,000 | 77,000 | 421,000 | 323,000 | 270,000 | 197,000 | 58,000 | 142,000 | 191,000 | 314,000 | 225,000 | 227,000 | 381,000 | 326,000 | 136,000 | 23,000 | 52,000 | 90,000 | 164,000 | 174,000 | ||||||||||||||||||||||||||||
income taxes paid, net of refunds | |||||||||||||||||||||||||||||||||||||||||||||||||
u.s. federal | |||||||||||||||||||||||||||||||||||||||||||||||||
u.s. state and local | |||||||||||||||||||||||||||||||||||||||||||||||||
foreign | |||||||||||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in accounts payable related to property and equipment additions | -737,000 | 4,027,000 | 596,000 | 809,000 | 1,472,000 | 319,000 | -108,000 | -622,000 | 1,065,000 | -97,000 | 105,000 | -20,000 | 28,000 | 99,000 | -310,000 | 19,000 | 120,000 | -1,806,000 | -1,835,000 | -506,000 | -3,499,000 | 1,883,000 | -785,000 | 75,000 | 757,000 | -5,403,000 | 2,945,000 | -2,168,000 | -2,675,000 | 1,310,000 | -1,626,000 | ||||||||||||||||||
net change in deposits and prepaid for equipment related to property and equipment additions | -631,000 | 2,428,000 | -16,620,000 | -864,000 | -197,000 | -28,000 | 299,000 | 5,000 | -824,000 | -381,000 | 1,000 | -93,000 | 15,000 | 11,000 | 28,000 | 13,000 | 1,000 | 48,000 | -12,000 | 47,000 | -100,000 | -1,291,000 | 1,023,000 | 304,000 | 2,431,000 | ||||||||||||||||||||||||
amortization of debt issuance costs and premium | -266,000 | -801,000 | 296,000 | ||||||||||||||||||||||||||||||||||||||||||||||
trade notes receivable | 391,000 | -86,000 | -133,000 | 789,000 | |||||||||||||||||||||||||||||||||||||||||||||
deposits and prepaid for equipment | -108,000 | -13,334,000 | -7,847,000 | -2,841,000 | -1,002,000 | -2,190,000 | -3,281,000 | -1,683,000 | -105,000 | -160,000 | -157,000 | -115,000 | -546,000 | -429,000 | -1,951,000 | -353,000 | -2,168,000 | -6,283,000 | 1,832,000 | 3,931,000 | 8,207,000 | -8,977,000 | -1,684,000 | 3,128,000 | -502,000 | 1,469,000 | -2,404,000 | -1,434,000 | |||||||||||||||||||||
payment on convertible notes | -25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
interest, net of amounts capitalized | 2,113,000 | 165,000 | 109,000 | 108,000 | 2,472,000 | 55,000 | 2,443,000 | 1,307,000 | 2,304,000 | 2,245,000 | 210,000 | 2,406,000 | 2,297,000 | 175,000 | 2,219,000 | 2,261,000 | 241,000 | 2,237,000 | |||||||||||||||||||||||||||||||
income taxes | -1,000 | 0 | 0 | -172,000 | 0 | -171,000 | -21,000 | -561,000 | -553,000 | 0 | 224,000 | 37,000 | 650,000 | 843,000 | 2,766,000 | 11,988 | -13,000 | 533,000 | 0 | 42,000 | 75,000 | 0 | 77,000 | 45,000 | 26,000 | -1,000 | |||||||||||||||||||||||
non-cash operating and financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
warrant issued and vested to customer | 0 | 0 | 16,739,000 | ||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign exchange | -5,479,000 | 250,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | 20,384,000 | -12,322,000 | 25,249,000 | -1,287,000 | -37,692,000 | 23,856,000 | 2,629,000 | 1,664,000 | -8,639,000 | 1,011,000 | -6,075,000 | 542,000 | -1,028,000 | -1,602,000 | 1,161,000 | -776,000 | |||||||||||||||||||||||||||||||||
allowance of bad debt | -1,804,000 | -34,000 | 1,839,000 | -3,000 | 3,000 | -8,000 | -30,000 | 11,000 | |||||||||||||||||||||||||||||||||||||||||
amortization of convertible notes premium | -508,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
principal payments of long-term debt and notes payable | -55,000 | 0 | 0 | 0 | -251,000 | 0 | 0 | -7,166,000 | -170,000 | -868,000 | -1,049,000 | -1,198,000 | -1,029,000 | -1,167,000 | -1,845,000 | -1,113,000 | -1,108,000 | -1,091,000 | -1,069,000 | -1,071,000 | -40,132,000 | -1,250,000 | -790,000 | -752,000 | -341,000 | -4,458,000 | -22,389,000 | -1,168,000 | -14,743,000 | 3,989,145 | -1,795,000 | -1,333,000 | -867,000 | -94,000 | 0 | 0 | -8,050,000 | -26,000 | -93,000 | ||||||||||
principal payment on long term debt | |||||||||||||||||||||||||||||||||||||||||||||||||
allowance for obsolete inventory | |||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs | 393,000 | 363,000 | 359,000 | 315,000 | 1,380,000 | 314,000 | 308,000 | 306,000 | 261,000 | 216,000 | 214,000 | 211,000 | 215,000 | 216,000 | 213,000 | 221,000 | 227,000 | 229,000 | 224,000 | 220,000 | 219,000 | 216,000 | 214,000 | 243,000 | |||||||||||||||||||||||||
loss on disposal of assets | 1,000 | 49,000 | -13,000 | 1,000 | -2,000 | -2,000 | 0 | 6,000 | 3,000 | 0 | 1,000 | 9,000 | 46,000 | 11,000 | -9,000 | 49,000 | -88,874 | 4,000 | 81,000 | 4,000 | 65,000 | 3,000 | 0 | 10,000 | -14,000 | -1,000 | |||||||||||||||||||||||
notes receivable | -742,000 | -325,000 | 178,000 | 925,000 | 6,986,000 | 517,000 | -4,712,000 | -2,335,000 | -1,055,000 | -392,000 | 52,000 | 134,000 | -58,000 | -79,000 | -3,000 | 0 | |||||||||||||||||||||||||||||||||
prepaid income tax | 0 | 0 | -1,000 | 0 | 0 | 0 | 0 | 1,000 | 175,000 | 0 | 164,000 | -151,000 | 535,000 | 553,000 | 97,000 | -224,000 | -423,000 | -128,000 | 672,000 | 109,000 | |||||||||||||||||||||||||||||
accrued income taxes | 0 | -464,000 | 1,844,000 | 490,000 | 828,000 | 3,042,000 | |||||||||||||||||||||||||||||||||||||||||||
deposits and prepayment on equipment | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit borrowing | |||||||||||||||||||||||||||||||||||||||||||||||||
cash settlement of psu | |||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease ) in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||||||||||
accrued income tax | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible senior notes, net of debt issuance costs | 0 | 0 | -214,000 | 0 | -2,000 | -3,000 | -13,000 | 0 | -2,000 | -14,000 | 76,378,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of shares under equity plans | |||||||||||||||||||||||||||||||||||||||||||||||||
net cash (used)/provided by financing activities | 4,514,000 | -1,417,000 | |||||||||||||||||||||||||||||||||||||||||||||||
lower of cost or net realizable value reserve adjustment to inventory | |||||||||||||||||||||||||||||||||||||||||||||||||
interest for extinguishment of debt | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of debt | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
proceeds from line of credit borrowings, net of debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of line of credit borrowings, net of debt issuance costs | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | -10,000 | 2,211,000 | 7,024,000 | -1,877,000 | 22,280,000 | -1,940,000 | -3,296,000 | -2,474,000 | -3,230,000 | -5,353,000 | 722,000 | -1,103,000 | 2,381,000 | -5,133,000 | 2,026,000 | 612,000 | 11,844,574 | ||||||||||||||||||||||||||||||||
net cash from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of notes payable and long-term debt, net of debt issuance costs | 0 | 0 | 0 | 3,124,000 | 4,049,000 | 6,488,000 | |||||||||||||||||||||||||||||||||||||||||||
provision for losses on accounts receivable | -4,000 | -3,000 | -1,000 | -34,000 | 35,000 | ||||||||||||||||||||||||||||||||||||||||||||
lower of cost or market reserve adjustment to inventory | 1,449,000 | 366,000 | 2,037,000 | 554,000 | 1,124,000 | 1,274,000 | 937,000 | 590,000 | 416,000 | 1,276,000 | 1,648,000 | 159,000 | 1,408,000 | 2,920,000 | 2,287,000 | 1,620,000 | 3,190,000 | 1,479,000 | 877,000 | ||||||||||||||||||||||||||||||
unrealized foreign exchange gain | 1,077,000 | 369,000 | 997,000 | -376,000 | 329,000 | -158,000 | 850,000 | -829,000 | -189,000 | -31,000 | -103,000 | -25,000 | -49,000 | 78,000 | -249,000 | 32,000 | 674,000 | -544,000 | -710,000 | 453,000 | 314,000 | ||||||||||||||||||||||||||||
deposits for equipment | -274,000 | -184,000 | -30,000 | ||||||||||||||||||||||||||||||||||||||||||||||
extinguishment of debt and interest | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of assets | -39,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net cash from by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property and equipment with line of credit borrowings | |||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||
maturities of short-term investments | -9,000,000 | 9,000,000 | 0 | 36,000 | 0 | 6,000 | 0 | 2,000 | -7,741,248 | 0 | |||||||||||||||||||||||||||||||||||||||
purchase of land use rights | 0 | 0 | 0 | -5,591,000 | |||||||||||||||||||||||||||||||||||||||||||||
net income | -35,429,000 | -8,780,000 | -11,366,000 | -10,474,000 | -8,568,000 | -3,732,000 | 8,034,000 | 2,120,000 | 5,716,000 | 19,375,000 | 29,071,000 | 19,789,000 | -16,977,766 | 17,736,000 | 2,679,000 | 2,700,000 | 6,089,000 | -675,000 | 702,000 | 1,577,000 | 1,919,000 | 85,000 | |||||||||||||||||||||||||||
net cash provided (used in) by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of short-term investments | -35,000 | -26,000 | -25,000 | -93,000 | -31,000 | -193,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of note payable | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of notes payable and long-term debt | 9,343,000 | 0 | 26,556,000 | -28,829,142 | 3,994,000 | 4,553,000 | 20,311,000 | 5,000,000 | 0 | 0 | 3,150,000 | 0 | |||||||||||||||||||||||||||||||||||||
prepaid tax | |||||||||||||||||||||||||||||||||||||||||||||||||
other | |||||||||||||||||||||||||||||||||||||||||||||||||
lower of cost or market adjustment to inventory | 690,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash for construction in progress | 0 | 0 | 8,000 | 4,136,000 | |||||||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | -129,000 | 871,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | 15,153,000 | 9,448,000 | -27,810,850 | 13,618,000 | -3,239,000 | 17,454,000 | -9,518,000 | 9,180,000 | 18,503,000 | -22,266,000 | -4,859,000 | 2,955,000 | -18,332,000 | 30,405,000 | 14,681,000 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 28,074,000 | 0 | 0 | 32,175,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 13,618,000 | -3,239,000 | 45,528,000 | 9,180,000 | 18,503,000 | 9,909,000 | 2,955,000 | ||||||||||||||||||||||||||||||||||||||||||
lower of cost or market adjustment | 476,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
tax withholding related to release of restricted stock | -366,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | 50,224,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | 59,672,000 | 14,681,000 | |||||||||||||||||||||||||||||||||||||||||||||||
deposits and deferred charges | -1,706,000 | -1,868,000 | -1,952,000 | 538,000 | -956,000 | 314,000 | -221,000 | -805,000 | -8,000 | -6,000 | |||||||||||||||||||||||||||||||||||||||
cash paid for | |||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets with notes payable | |||||||||||||||||||||||||||||||||||||||||||||||||
provision for obsolete inventory | 1,005,000 | 1,387,000 | 407,000 | 655,000 | 926,000 | 686,000 | 565,000 | -241,000 | 414,000 | 496,000 | 272,000 | -58,000 | |||||||||||||||||||||||||||||||||||||
share-based compensation expense | 1,047,000 | 975,000 | 808,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | -2,614,000 | -6,743,000 | 3,945,000 | 2,236,000 | -8,533,000 | -2,877,000 | 1,643,000 | -7,532,000 | 658,000 | -1,000,000 | -1,829,000 | -5,011,000 | |||||||||||||||||||||||||||||||||||||
bank acceptance receivable | 326,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||
other current assets and other receivables | 339,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
deposits and prepaid charges | 1,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
repayments of notes payable | -250,000 | -250,000 | -250,000 | -250,000 | -250,000 | -250,000 | |||||||||||||||||||||||||||||||||||||||||||
increase in restricted cash | 657,000 | -31,000 | -240,000 | -1,133,000 | -1,438,000 | -537,000 | 143,000 | -91,000 | -73,000 | ||||||||||||||||||||||||||||||||||||||||
interest, net of capitalized amounts | 834,000 | 57,000 | 386,000 | ||||||||||||||||||||||||||||||||||||||||||||||
inventory | 6,210,000 | -6,924,000 | -10,895,000 | -9,140,000 | -10,543,000 | -1,089,000 | -2,656,000 | -7,538,000 | -4,822,000 | -3,131,000 | |||||||||||||||||||||||||||||||||||||||
share-based compensation and warrant expense | 553,000 | 518,000 | 533,000 | 516,000 | 567,000 | 489,000 | |||||||||||||||||||||||||||||||||||||||||||
exercise of warrants | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||
principal payments of long-term debt | -857,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||
repayments of shareholder loans | |||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
conversion of shareholders' loan to 72,381 shares of series g preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from public offering | 0 | -41,000 | 45,671,000 | ||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation and warrant expense | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of the period | 22,006,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of the period | 52,411,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock issued for consultant services | |||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering | |||||||||||||||||||||||||||||||||||||||||||||||||
conversion of shareholders' loan to preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||
deferred offering costs |