Quarterly report pursuant to Section 13 or 15(d)

CONDENSED STATEMENT OF CASH FLOWS (UNAUDITED)

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CONDENSED STATEMENT OF CASH FLOWS (UNAUDITED) (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (40,050) $ (21,209)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 11,678 492
Non-cash interest on convertible promissory notes 16 9,629
FX effect on intercompany borrowings 845 0
Change in fair value of derivative financial instruments 9,340 0
Stock-based compensation 1,376 675
Warrants for common stock issued for services 359 280
Common stock issued for services 0 550
Deferred income taxes (1,532) 0
Other (46) (27)
Changes in operating assets and liabilities:    
Accounts receivable (2,493) (2,356)
Inventory (5,795) (792)
Prepaid expenses and other current assets (345) (1,126)
Deposits and other assets (3,320) (604)
Accounts payable and accrued expenses (21,765) (2,987)
Accrued interest 0 799
Deferred revenue (163) (2,496)
Other long-term liabilities 2,142 0
NET CASH USED IN OPERATING ACTIVITIES (49,753) (19,172)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (7,247) (1,746)
Proceeds from sale of available for sale investments 5,937 0
Cash received from Row 44 Merger 159,227 0
Cash received from AIA Stock Purchase 22,136 0
Purchases of investments and other, net (1,500) 0
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 178,553 (1,746)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Acquisition of non-controlling interest (15,378) 0
Proceeds from issuance of notes payable 0 10,000
Long-term borrowings, net of costs (80) 0
Purchase of common stock warrants (3,600) (7)
Purchase of common stock warrants (795) 0
Proceeds from the exercise of common stock options 291 5
Proceeds from the issuance of preferred stock and warrants 0 24,981
Repayment of short-term borrowings (327) 0
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (19,889) 34,979
Effects of exchange rate movements on cash and cash equivalents (859) 0
Net increase in cash and cash equivalents 108,052 14,061
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 2,088 8,810
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 110,140 $ 22,871