v3.19.3.a.u2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Nov. 30, 2019
Nov. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (12,506) $ (8,579)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 962 508
Amortization of debt discount 1,181  
Provision for bad debt 362 591
Provision for sales returns 45  
Provision for inventory reserve 604 457
Loss (gain) on disposal of assets 21 (1,254)
Change in fair value of equity investment 395 (536)
Stock-based compensation 4,662 1,808
Change in fair value of warrant liability (3,204) 216
Change in fair value of contingent consideration   394
Changes in operating assets and liabilities:    
Accounts receivable (1,223) (2,329)
Inventory 3,120 (6,131)
Prepaid expenses and other current assets (5,858) (6,663)
Other non-current assets 439 (153)
Accounts payable (922) 4,521
Accrued expenses and other current liabilities 4,306 1,667
Other non-current liabilities (482)  
Net cash used in operating activities (8,098) (15,483)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property, equipment, and intangibles (1,940) (681)
Security deposits   (26)
Net cash used in investing activities (1,940) (707)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repayment of capital leases (27) (18)
Proceeds from stock option exercises   41
Proceeds from issuance of common stock 27,379  
Proceeds from line of credit 25,112 30,326
Repayments on line of credit (31,651) (24,516)
Payments for contingent consideration   (82)
Net cash provided by financing activities 20,813 5,751
NET INCREASE (DECREASE) IN CASH 10,775 (10,439)
CASH AT BEGINNING OF YEAR 3,944 3,944
CASH AT END OF YEAR 14,719 3,028
CASH PAID FOR:    
Interest 351 155
NON-CASH INVESTING AND FINANCING ACTIVITIES    
Capital leases   240
Services prepaid for in common stock 171 704
Accrued and unpaid amounts for purchase of property & equipment $ 103 205
Fair value of shares received from sale of assets   $ 1,791

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