|
Net income (loss)
|
|
$293k
|
$154k
|
$21.2m
|
($37.9m)
|
($36.7m)
|
($25.9m)
|
$1.4m
|
|
Depreciation and amortization
|
|
$47.1m
|
$111.4m
|
$144.0m
|
$116.3m
|
$126.5m
|
$140.6m
|
$164.3m
|
|
Depreciation for early lease purchase options (buyouts)
|
|
—
|
—
|
—
|
—
|
$25.8m
|
$29.1m
|
$37.7m
|
|
Depreciation for impaired leases
|
|
—
|
—
|
—
|
—
|
$22.0m
|
$25.0m
|
$28.7m
|
|
Amortization of debt discount
|
|
$0
|
$218k
|
$2.7m
|
$5.3m
|
$2.8m
|
$3.1m
|
$3.0m
|
|
Amortization of debt issuance costs, net
|
|
$740k
|
$431k
|
$357k
|
$361k
|
$277k
|
$220k
|
$2.4m
|
|
Amortization of right-of-use assets
|
|
—
|
—
|
—
|
$367k
|
$355k
|
$318k
|
$183k
|
|
Gain on extinguishment of term loan and settlement of derivative liability, net
|
|
$823k
|
$402k
|
$0
|
$0
|
$2.4m
|
$0
|
($5.1m)
|
|
Accrued PIK interest expense
|
|
$0
|
$0
|
$1.5m
|
$2.1m
|
$1.6m
|
$1.4m
|
$3.3m
|
|
Cash paid for operating leases
|
|
($156k)
|
($986k)
|
$0
|
$511k
|
$513k
|
$359k
|
$275k
|
|
Change in fair value of derivative liability, warrants, and other
|
|
—
|
—
|
—
|
—
|
($807k)
|
($256k)
|
($17.4m)
|
|
Stock-based compensation
|
|
$315k
|
$351k
|
$13.0m
|
$6.4m
|
$7.0m
|
$5.8m
|
$3.7m
|
|
Property held for lease
|
|
($87.8m)
|
($191.4m)
|
($198.8m)
|
($151.8m)
|
($183.7m)
|
($201.2m)
|
($236.0m)
|
|
Prepaid expenses and other current assets
|
|
($104k)
|
$54k
|
($3.8m)
|
($4.3m)
|
$3.6m
|
($2.1m)
|
$2.3m
|
|
Litigation insurance reimbursement receivable
|
|
—
|
—
|
—
|
$0
|
($5.0m)
|
$5.0m
|
$0
|
|
Accounts payable
|
|
($150k)
|
$768k
|
$344k
|
($765k)
|
($361k)
|
$588k
|
$400k
|
|
Accrued liabilities
|
|
$3.0m
|
$5.0m
|
($1.0m)
|
$2.7m
|
$4.4m
|
($6.8m)
|
$129k
|
|
Accrued litigation
|
|
—
|
—
|
—
|
$0
|
$12.0m
|
($7.1m)
|
($695k)
|
|
Lease liabilities
|
|
—
|
—
|
—
|
($413k)
|
($387k)
|
($288k)
|
($180k)
|
|
Unearned revenues
|
|
$495k
|
$1.3m
|
($517k)
|
($583k)
|
$765k
|
($126k)
|
$60k
|
|
Purchases of property and equipment
|
|
($82k)
|
($234k)
|
($384k)
|
($168k)
|
($20k)
|
($54k)
|
($34k)
|
|
Additions to capitalized software
|
|
$0
|
($202k)
|
($1.1m)
|
($1.3m)
|
($954k)
|
($1.2m)
|
($1.1m)
|
|
Other assets and security deposits
|
|
$173k
|
$34k
|
$0
|
—
|
—
|
$0
|
$76k
|
|
Proceeds from New and Existing Revolving Facilities
|
|
$22.8m
|
$39.9m
|
$7.0m
|
$18.5m
|
$14.3m
|
$34.4m
|
$22.0m
|
|
Principal repayments on New and Existing Revolving Facilities
|
|
$0
|
($4.8m)
|
($20.5m)
|
($22.5m)
|
($11.6m)
|
($12.4m)
|
($26.0m)
|
|
Repayment of term loan and repurchase of warrants
|
|
—
|
—
|
—
|
$0
|
($25.0m)
|
$0
|
($35.1m)
|
|
Repurchases of restricted stock
|
|
—
|
—
|
$0
|
($344k)
|
($355k)
|
($613k)
|
($594k)
|
|
Proceeds from issuance of Convertible Preferred Stock and warrants
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$65.0m
|
|
Proceeds from exercise of stock options
|
|
$2k
|
$113k
|
$678k
|
$67k
|
$1k
|
$211k
|
$8k
|
|
Debt issuance costs accrued but not yet paid
|
|
—
|
—
|
—
|
$0
|
$481k
|
$0
|
$200k
|
|
Extinguishment of Existing Term Loan
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$32.7m
|
|
Net cash used in operating activities
|
|
($156k)
|
($986k)
|
$2.2m
|
($20.8m)
|
($17.4m)
|
($32.6m)
|
($11.9m)
|
|
Net cash used in investing activities
|
|
($250.0m)
|
$452k
|
($1.4m)
|
($1.5m)
|
($974k)
|
($1.3m)
|
($1.1m)
|
|
Payments of issuance costs related to debt and preferred stock
|
|
$0
|
($750k)
|
$0
|
—
|
—
|
$0
|
($5.3m)
|
|
Issuance of warrants to purchase common stock in connection with debt refinancing
|
|
$0
|
$12.8m
|
$0
|
$0
|
$4.1m
|
$0
|
$3.9m
|
|
Issuance of New Term Loan derivative liability in connection with debt refinancing
|
|
—
|
—
|
—
|
—
|
—
|
$0
|
$3.6m
|
|
Issuance of common stock in connection with litigation settlements
|
|
—
|
—
|
—
|
—
|
$0
|
$1.8m
|
$1.5m
|
|
Net cash provided by financing activities
|
|
$251.7m
|
$59.9m
|
$26.1m
|
($4.2m)
|
($22.6m)
|
$21.6m
|
$20.0m
|
|
Net increase (decrease) in cash, cash equivalents and restricted cash
|
|
$9.3m
|
$57.4m
|
$26.8m
|
($26.6m)
|
($41.0m)
|
($12.3m)
|
$6.9m
|
|
Cash, cash equivalents and restricted cash at beginning of period
|
|
$12.2m
|
$69.6m
|
$96.4m
|
$69.8m
|
$28.8m
|
$16.6m
|
$23.5m
|
|
Cash paid for interest
|
|
$7.1m
|
$12.6m
|
$11.6m
|
$12.0m
|
$13.0m
|
$13.7m
|
$11.7m
|
|
Cash paid for income taxes
|
|
$105k
|
$309k
|
$416k
|
$446k
|
$206k
|
$270k
|
$106k
|