|
Net income (loss)
|
|
$1.7m
|
$1.5m
|
($17.4m)
|
($10.3m)
|
($764k)
|
$1.5m
|
($8.8m)
|
($1.9m)
|
|
Depreciation and amortization
|
|
$1.7m
|
$2.2m
|
$3.2m
|
$4.5m
|
$5.6m
|
$7.8m
|
$11.8m
|
$14.0m
|
|
Bond premium amortization
|
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
$345k
|
|
Impairment of long-lived assets
|
|
—
|
—
|
—
|
—
|
$0
|
$0
|
$1.6m
|
—
|
|
Loss on disposal of property and equipment
|
|
$234k
|
($10.7m)
|
$47k
|
$111k
|
$12k
|
$53k
|
$22k
|
$109k
|
|
Operating lease liabilities
|
|
—
|
—
|
($714k)
|
($411k)
|
($61k)
|
($113k)
|
$206k
|
$6.7m
|
|
Stock-based compensation, net of amounts capitalized
|
|
$105k
|
$590k
|
$860k
|
$1.4m
|
$2.4m
|
$3.5m
|
$4.3m
|
$4.7m
|
|
Gain on short-term investments
|
|
—
|
—
|
—
|
—
|
—
|
$43k
|
—
|
—
|
|
Accounts and other receivables
|
|
—
|
($427k)
|
$629k
|
($264k)
|
($131k)
|
($353k)
|
($1.8m)
|
($2.1m)
|
|
Inventories
|
|
($115k)
|
($155k)
|
$122k
|
($366k)
|
($387k)
|
($627k)
|
($472k)
|
$78k
|
|
Due from affiliate
|
|
$3k
|
($222k)
|
$214k
|
($317k)
|
$173k
|
$52k
|
($62k)
|
$40k
|
|
Prepaid expenses and other current assets
|
|
$66k
|
($1.1m)
|
($1.3m)
|
($10.9m)
|
$11.5m
|
($1.2m)
|
$1.1m
|
($627k)
|
|
Deposits and other assets
|
|
$53k
|
($816k)
|
($548k)
|
($61k)
|
($326k)
|
$146k
|
$336k
|
($1.2m)
|
|
Accounts payable
|
|
$250k
|
$1.6m
|
($614k)
|
$908k
|
($172k)
|
$1.7m
|
$623k
|
$2.8m
|
|
Accrued expenses and other current liabilities
|
|
$311k
|
$1.1m
|
($1.0m)
|
$2.3m
|
$912k
|
($336k)
|
$1.2m
|
($718k)
|
|
Salary and wages payable
|
|
$124k
|
$531k
|
$438k
|
$2.8m
|
$1.3m
|
$1.6m
|
$715k
|
$2.0m
|
|
Due to affiliate
|
|
$28k
|
($38k)
|
($35k)
|
$82k
|
$14k
|
$65k
|
$2k
|
$109k
|
|
Sales tax payable
|
|
$60k
|
$152k
|
($358k)
|
$680k
|
$371k
|
$335k
|
$314k
|
$288k
|
|
Deferred rent and tenant allowances
|
|
$597k
|
$1.1m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Payments for property and equipment
|
|
($7.1m)
|
($10.7m)
|
($14.4m)
|
($14.1m)
|
($26.8m)
|
($39.1m)
|
($44.3m)
|
($46.1m)
|
|
Payments for initial direct costs
|
|
—
|
—
|
($319k)
|
($436k)
|
($510k)
|
($550k)
|
($432k)
|
($513k)
|
|
Payments for purchases of liquor licenses
|
|
($15k)
|
($529k)
|
($58k)
|
($156k)
|
($896k)
|
($1.7m)
|
($275k)
|
($2.2m)
|
|
Proceeds from the initial public offering, net of discounts and commissions
|
|
—
|
$43.4m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Payments of costs related to the initial public offering
|
|
—
|
($4.8m)
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Repayment of principal on finance leases
|
|
($824k)
|
($1.0m)
|
($1.0m)
|
($1.0m)
|
($975k)
|
($498k)
|
($75k)
|
($51k)
|
|
Proceeds from stock option exercises
|
|
—
|
—
|
$30k
|
$515k
|
$959k
|
$2.0m
|
$2.5m
|
$1.6m
|
|
Proceeds from follow-on public offering, net of discounts and commissions
|
|
—
|
—
|
—
|
$54.1m
|
—
|
$64.9m
|
—
|
$64.6m
|
|
Payments of costs related to the follow-on offering
|
|
—
|
—
|
—
|
($606k)
|
—
|
($600k)
|
—
|
($272k)
|
|
Acquisition of finance leases
|
|
$1.7m
|
—
|
$101k
|
$27k
|
$34k
|
$61k
|
$34k
|
$172k
|
|
Amounts unpaid for purchases of property and equipment
|
|
$57k
|
$142k
|
$2.2m
|
$1.1m
|
$1.9m
|
$1.6m
|
$2.8m
|
$3.2m
|
|
Stock-based compensation capitalized to property and equipment- net
|
|
$502k
|
($10.7m)
|
($14.4m)
|
($14.1m)
|
($26.8m)
|
($39.1m)
|
$218k
|
$146k
|
|
Net cash provided by operating activities
|
|
$5.2m
|
$6.0m
|
($13.0m)
|
($7.1m)
|
$23.7m
|
$18.1m
|
$15.6m
|
$24.7m
|
|
Purchases of investments
|
|
—
|
—
|
—
|
—
|
—
|
($9.3m)
|
($3.5m)
|
($74.7m)
|
|
Maturities and redemption of investments
|
|
—
|
—
|
—
|
—
|
—
|
$750k
|
$12.0m
|
$29.8m
|
|
Net cash used in investing activities
|
|
($6.6m)
|
($11.3m)
|
($14.8m)
|
($14.7m)
|
($28.2m)
|
($49.9m)
|
($36.5m)
|
($93.7m)
|
|
Proceeds from borrowings of debt
|
|
—
|
$3.9m
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Repayment of debt
|
|
—
|
($3.9m)
|
—
|
—
|
—
|
—
|
—
|
—
|
|
Net cash provided by financing activities
|
|
$4.2m
|
$37.6m
|
($1.0m)
|
$53.0m
|
($170k)
|
$65.8m
|
$2.1m
|
$65.5m
|
|
Increase (decrease) in cash and cash equivalents
|
|
$2.8m
|
$32.3m
|
($28.8m)
|
$31.2m
|
($4.6m)
|
$33.9m
|
($18.7m)
|
($3.5m)
|
|
Cash and cash equivalents, beginning of year
|
|
$5.7m
|
$38.0m
|
$9.3m
|
$40.4m
|
$35.8m
|
$69.7m
|
$51.0m
|
$47.5m
|
|
Taxes paid on vested restricted stock awards
|
|
$4k
|
$56k
|
$132k
|
$148k
|
($154k)
|
$108k
|
($280k)
|
($346k)
|
|
Cash paid for income taxes (net of refunds)
|
|
$4k
|
$56k
|
$132k
|
$148k
|
$206k
|
$108k
|
$265k
|
$257k
|