Quarterly report pursuant to Section 13 or 15(d)

Supplemental Information (Tables)

v3.20.2
Supplemental Information (Tables)
6 Months Ended
Jun. 30, 2020
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Schedule of Certain Balance Sheet Amounts

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

 

 

Schedule of Certain Statements of Operations Amounts

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

 

Schedule of Statements of Certain Statements of Cash Flows Amounts

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