Quarterly report pursuant to Section 13 or 15(d)

UNAUDITED STATEMENT OF CASH FLOWS

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UNAUDITED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (26,838) $ (7,092)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 4,702 239
Non-cash interest on convertible promissory notes 0 2,972
Change in fair value of common stock warrants 93 0
Provision for doubtful accounts (134) 0
Interest income on subscriptions receivable (6) (13)
Loss (gain) disposal of assets (5) 0
FX effect on intercompany borrowings 1,378 0
Change in fair value of derivative financial instruments 4,456 0
Stock-based compensation 496 459
Warrants for common stock issued for services 309 279
Common stock issued for services 0 550
Deferred income taxes (1,201) 0
Changes in operating assets and liabilities:    
Accounts receivable (2,827) (4,687)
Inventory (1,105) 278
Prepaid expenses and other current assets (1,960) (443)
Deposits and other assets (397) (343)
Accounts payable and accrued expenses (13,526) 419
Deferred revenue (147) (2,093)
Other long-term liabilities (385) 0
NET CASH USED IN OPERATING ACTIVITIES (37,097) (9,475)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (256) (76)
Cash received from Row 44 Merger 159,227 0
Cash received from AIA Stock Purchase 22,136 0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 181,107 (76)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Acquisition of non-controlling interest (9,512) 0
Proceeds from issuance of notes payable 0 10,000
Long-term borrowings, net of costs (80) 0
Payments on notes payable 0 (3)
Proceeds from the exercise of common stock warrants 5 0
Proceeds from the exercise of common stock options 291 0
Repayment of short-term borrowings (327) 0
NET CASH USED IN FINANCING ACTIVITIES (9,623) 9,997
Effects of exchange rate movements on cash and cash equivalents (1,224) 0
Net increase in cash and cash equivalents 133,163 446
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 2,088 8,810
CASH AND CASH EQUIVALENTS AT END OF PERIOD 135,251 9,256
Supplemental disclosures of cash flow information:    
Interest paid in cash (586) 1
Income taxes paid in cash (1,019) 2
Supplemental disclosure of non-cash financing and investing activities:    
Purchase of AIA through issuance of common stock (144,257) 0
Conversion of sponsor promissory note to warrants 393 0
Reclassification of sponsor warrants due to waiver 9,900 0
Reclassification of MLBAM warrants 2,696 0
Property and equipment purchased with warrants for common stock $ 50 $ 0