| Supplemental Information |
9. SUPPLEMENTAL INFORMATION
Certain balance sheet amounts are as follows:
|
|
As of June 30,
|
|
|
As of December 31,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
|
Accounts Receivable:
|
|
|
|
|
|
|
|
|
Accounts receivable
|
$
|
1,458
|
|
|
$
|
1,247
|
|
|
Accounts receivable – extended payment terms
|
|
1,188
|
|
|
|
—
|
|
|
Allowance for doubtful accounts
|
|
(235
|
)
|
|
|
(125
|
)
|
|
Total
|
$
|
2,411
|
|
|
$
|
1,122
|
|
Several of our growers have elected to extend their payment terms with us. In exchange for these extensions, we have the right to deduct the amount we are owed from the payment we make upon the purchase of their grain.
|
|
As of June 30,
|
|
|
As of December 31,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
|
Inventory:
|
|
|
|
|
|
|
|
|
Raw materials
|
$
|
4,326
|
|
|
$
|
2,211
|
|
|
Work-in-process
|
|
553
|
|
|
|
272
|
|
|
Finished goods
|
|
403
|
|
|
|
111
|
|
|
Total
|
$
|
5,282
|
|
|
$
|
2,594
|
|
Certain statements of operations amounts are as follows:
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
2020
|
|
|
2019
|
|
|
Stock compensation expense:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Research and development
|
$
|
488
|
|
|
$
|
539
|
|
$
|
807
|
|
|
$
|
779
|
|
|
Selling and supply chain
|
|
151
|
|
|
|
165
|
|
|
(100
|
)
|
|
|
228
|
|
|
General and administrative
|
|
1,158
|
|
|
|
1,600
|
|
|
2,361
|
|
|
|
2,853
|
|
|
Total
|
$
|
1,797
|
|
|
$
|
2,304
|
|
$
|
3,068
|
|
|
$
|
3,860
|
|
|
|
Three Months Ended June 30,
|
|
Six Months Ended June 30,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
2020
|
|
|
2019
|
|
|
Interest, net:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense
|
$
|
(371
|
)
|
|
$
|
(370
|
)
|
$
|
(743
|
)
|
|
$
|
(740
|
)
|
|
Interest income
|
|
525
|
|
|
|
462
|
|
|
499
|
|
|
|
1,004
|
|
|
Total
|
$
|
154
|
|
|
$
|
92
|
|
$
|
(244
|
)
|
|
$
|
264
|
|
Certain statements of cash flows amounts are as follows:
|
|
As of June 30,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
|
Cash, cash equivalents, restricted cash, and short-term investments:
|
|
|
|
|
|
|
|
|
Cash and cash equivalents
|
$
|
3,875
|
|
|
$
|
76,434
|
|
|
Restricted cash
|
|
1,433
|
|
|
|
1,509
|
|
|
Total cash, cash equivalents, and restricted cash:
|
|
5,308
|
|
|
|
77,943
|
|
|
Short-term investments
|
|
29,942
|
|
|
|
—
|
|
|
Total cash, cash equivalents, restricted cash, and short-term investments:
|
$
|
35,250
|
|
|
$
|
77,943
|
|
|
|
Six Months Ended June 30,
|
|
|
In Thousands
|
2020
|
|
|
2019
|
|
|
Supplemental cash flow information:
|
|
|
|
|
|
|
|
|
Interest paid
|
$
|
732
|
|
|
$
|
737
|
|
|