Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

v2.4.1.9
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
 9 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities:    
Net loss $ (17,235,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic $ (12,875,000)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 1,321,000us-gaap_DepreciationDepletionAndAmortization 1,806,000us-gaap_DepreciationDepletionAndAmortization
Amortization of deferred financing costs 158,000us-gaap_AmortizationOfFinancingCosts 167,000us-gaap_AmortizationOfFinancingCosts
Accounts receivable allowances 3,101,000us-gaap_ProvisionForDoubtfulAccounts 193,000us-gaap_ProvisionForDoubtfulAccounts
Inventory provision 1,119,000us-gaap_InventoryWriteDown 826,000us-gaap_InventoryWriteDown
Provision for warranty expenses 2,210,000us-gaap_ProductWarrantyExpense 3,377,000us-gaap_ProductWarrantyExpense
Loss on disposal of equipment 4,000us-gaap_GainLossOnSaleOfPropertyPlantEquipment  
Stock-based compensation 1,795,000us-gaap_ShareBasedCompensation 1,664,000us-gaap_ShareBasedCompensation
Change in fair value of warrant liability   (10,000)cpst_IncreaseDecreaseInFairValueOfWarrantLiability
Changes in operating assets and liabilities:    
Accounts receivable 3,338,000us-gaap_IncreaseDecreaseInAccountsReceivable (4,298,000)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (7,521,000)us-gaap_IncreaseDecreaseInInventories (4,142,000)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (1,180,000)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 371,000us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses (4,732,000)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities 4,854,000us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
Accrued salaries and wages and long term liabilities (366,000)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities (239,000)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Accrued warranty reserve (2,378,000)us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease (2,911,000)us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease
Deferred revenue 3,939,000us-gaap_IncreaseDecreaseInDeferredRevenue (444,000)us-gaap_IncreaseDecreaseInDeferredRevenue
Net cash used in operating activities (16,427,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations (11,661,000)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash Flows from Investing Activities:    
Expenditures for property and equipment (1,162,000)cpst_PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements (783,000)cpst_PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements
Net cash used in investing activities (1,162,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (783,000)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash Flows from Financing Activities:    
Net proceeds from (repayments of) revolving credit facility 1,117,000us-gaap_ProceedsFromRepaymentsOfLinesOfCredit (272,000)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit
Repayment of notes payable and capital lease obligations (405,000)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (393,000)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Net cash provided by (used in) employee stock-based transactions 136,000us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions (91,000)us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
Net proceeds from exercise of common stock warrants   5,954,000us-gaap_ProceedsFromIssuanceOfWarrants
Net proceeds from issuance of common stock 29,772,000us-gaap_ProceedsFromIssuanceOrSaleOfEquity  
Net cash provided by financing activities 30,620,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 5,198,000us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in Cash and Cash Equivalents 13,031,000us-gaap_NetCashProvidedByUsedInContinuingOperations (7,246,000)us-gaap_NetCashProvidedByUsedInContinuingOperations
Cash and Cash Equivalents, Beginning of Period 27,859,000us-gaap_CashAndCashEquivalentsAtCarryingValue  
Cash and Cash Equivalents, End of Period 40,890,000us-gaap_CashAndCashEquivalentsAtCarryingValue 31,571,000us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid during the year for:    
Interest 263,000us-gaap_InterestPaid 380,000us-gaap_InterestPaid
Income taxes 86,000us-gaap_IncomeTaxesPaid 72,000us-gaap_IncomeTaxesPaid
Supplemental Disclosures of Non-Cash Information:    
Acquisition of property and equipment through accounts payable 58,000us-gaap_CapitalExpendituresIncurredButNotYetPaid 10,000us-gaap_CapitalExpendituresIncurredButNotYetPaid
Renewal of insurance contracts which was financed by notes payable 447,000cpst_NotesPayableForInsuranceContract 491,000cpst_NotesPayableForInsuranceContract
Acquisition of property and equipment in consideration for the issuance of a note payable $ 418,000us-gaap_NotesIssued1 $ 158,000us-gaap_NotesIssued1