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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Mar. 31, 2015
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Mar. 31, 2014
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Mar. 31, 2013
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| Cash Flows from Operating Activities: | |||
| Net loss | $ (31,533)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (16,256)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic | $ (22,563)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
| Adjustments to reconcile net loss to net cash used in operating activities: | |||
| Depreciation and amortization | 1,697us-gaap_DepreciationDepletionAndAmortization | 2,323us-gaap_DepreciationDepletionAndAmortization | 2,820us-gaap_DepreciationDepletionAndAmortization |
| Amortization of deferred financing costs | 196us-gaap_AmortizationOfFinancingCosts | 223us-gaap_AmortizationOfFinancingCosts | 148us-gaap_AmortizationOfFinancingCosts |
| Accounts receivable allowances | 10,138us-gaap_ProvisionForDoubtfulAccounts | 242us-gaap_ProvisionForDoubtfulAccounts | 276us-gaap_ProvisionForDoubtfulAccounts |
| Inventory provision | 2,810us-gaap_InventoryWriteDown | 1,509us-gaap_InventoryWriteDown | 1,307us-gaap_InventoryWriteDown |
| Provision for warranty expenses | 3,463us-gaap_ProductWarrantyExpense | 3,903us-gaap_ProductWarrantyExpense | 5,129us-gaap_ProductWarrantyExpense |
| Net (gain) loss on disposal of equipment | (96)us-gaap_GainLossOnSaleOfPropertyPlantEquipment | 225us-gaap_GainLossOnSaleOfPropertyPlantEquipment | 41us-gaap_GainLossOnSaleOfPropertyPlantEquipment |
| Stock-based compensation | 2,236us-gaap_ShareBasedCompensation | 2,147us-gaap_ShareBasedCompensation | 1,601us-gaap_ShareBasedCompensation |
| Change in fair value of warrant liability | (10)cpst_IncreaseDecreaseInFairValueOfWarrantLiability | (781)cpst_IncreaseDecreaseInFairValueOfWarrantLiability | |
| Changes in operating assets and liabilities: | |||
| Accounts receivable | 4,761us-gaap_IncreaseDecreaseInAccountsReceivable | (10,320)us-gaap_IncreaseDecreaseInAccountsReceivable | 359us-gaap_IncreaseDecreaseInAccountsReceivable |
| Inventories | (7,125)us-gaap_IncreaseDecreaseInInventories | (784)us-gaap_IncreaseDecreaseInInventories | (2,878)us-gaap_IncreaseDecreaseInInventories |
| Prepaid expenses and other current assets | (1,075)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 470us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets | 587us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
| Accounts payable and accrued expenses | (5,960)us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities | 4,475us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities | 1,221us-gaap_IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities |
| Accrued salaries and wages and long term liabilities | 321us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | 90us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities | (107)us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities |
| Accrued warranty reserve | (3,245)us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease | (3,237)us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease | (4,324)us-gaap_ProductWarrantyAccrualPreexistingIncreaseDecrease |
| Deferred revenue | 394us-gaap_IncreaseDecreaseInDeferredRevenue | (432)us-gaap_IncreaseDecreaseInDeferredRevenue | 94us-gaap_IncreaseDecreaseInDeferredRevenue |
| Net cash used in operating activities | (23,018)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (15,432)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations | (17,070)us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations |
| Cash Flows from Investing Activities: | |||
| Expenditures for property and equipment | (1,606)cpst_PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements | (1,179)cpst_PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements | (1,213)cpst_PaymentForAcquisitionOfAndDepositsOnEquipmentAndLeaseholdImprovements |
| Net cash used in investing activities | (1,606)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (1,179)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations | (1,213)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations |
| Cash Flows from Financing Activities: | |||
| Net (repayments of) proceeds from revolving credit facility | (275)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit | (248)us-gaap_ProceedsFromRepaymentsOfLinesOfCredit | 3,045us-gaap_ProceedsFromRepaymentsOfLinesOfCredit |
| Repayment of notes payable and capital lease obligations | (647)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities | (415)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities | (128)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities |
| Net proceeds from (cash used in) employee stock-based transactions | 136us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions | 362us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions | (19)us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions |
| Proceeds from exercise of common stock warrants and put options | 29,772us-gaap_ProceedsFromIssuanceOfWarrants | 5,954us-gaap_ProceedsFromIssuanceOfWarrants | 4,250us-gaap_ProceedsFromIssuanceOfWarrants |
| Net cash provided by financing activities | 28,986us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 5,653us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations | 7,148us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations |
| Net increase (decrease) in Cash and Cash Equivalents | 4,362us-gaap_NetCashProvidedByUsedInContinuingOperations | (10,958)us-gaap_NetCashProvidedByUsedInContinuingOperations | (11,135)us-gaap_NetCashProvidedByUsedInContinuingOperations |
| Cash and Cash Equivalents, Beginning of Year | 27,859us-gaap_CashAndCashEquivalentsAtCarryingValue | 38,817us-gaap_CashAndCashEquivalentsAtCarryingValue | 49,952us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash and Cash Equivalents, End of Year | 32,221us-gaap_CashAndCashEquivalentsAtCarryingValue | 27,859us-gaap_CashAndCashEquivalentsAtCarryingValue | 38,817us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Cash paid during the year for: | |||
| Interest | 354us-gaap_InterestPaid | 506us-gaap_InterestPaid | 588us-gaap_InterestPaid |
| Income taxes | 129us-gaap_IncomeTaxesPaid | 246us-gaap_IncomeTaxesPaid | 635us-gaap_IncomeTaxesPaid |
| Supplemental Disclosures of Non-Cash Information: | |||
| Acquisition of property and equipment through accounts payable | 154us-gaap_CapitalExpendituresIncurredButNotYetPaid | 7us-gaap_CapitalExpendituresIncurredButNotYetPaid | 26us-gaap_CapitalExpendituresIncurredButNotYetPaid |
| Renewal of insurance contracts which was financed by notes payable | 447cpst_NotesPayableForInsuranceContract | 491cpst_NotesPayableForInsuranceContract | 476cpst_NotesPayableForInsuranceContract |
| Acquisition of property and equipment in consideration for the issuance of a note payable | $ 418us-gaap_NotesIssued1 | $ 158us-gaap_NotesIssued1 | $ 306us-gaap_NotesIssued1 |
| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The net change in fair value during the reporting period in the aggregate amount of warrant liability. No definition available.
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| X | ||||||||||
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- Definition
Represents the amount of notes payable incurred by the entity to finance insurance contracts. No definition available.
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| X | ||||||||||
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- Definition
The cash outflow for acquisition of and deposits on equipment and leasehold improvements. No definition available.
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- Details
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| X | ||||||||||
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- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Future cash outflow to pay for purchases of fixed assets that have occurred. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, including oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period, excluding the portion taken into income, in the liability reflecting revenue yet to be earned for which cash or other forms of consideration was received or recorded as a receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate amount of obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in other obligations or expenses incurred but not yet paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) during the reporting period in the value of prepaid expenses and other assets not separately disclosed in the statement of cash flows, for example, deferred expenses, intangible assets, or income taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Charge to cost of goods sold that represents the reduction of the carrying amount of inventory, generally attributable to obsolescence or market conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The increase (decrease) in cash associated with the entity's continuing operating, investing, and financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. No definition available.
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The fair value of notes issued in noncash investing and financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The total cash inflow associated with the amount received from holders to acquire the entity's shares under incentive and share awards, including stock option exercises. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net cash inflow or cash outflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with either short term or long term maturity that is collateralized (backed by pledge, mortgage or other lien in the entity's assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Represents the aggregate Increase or Decrease in the liability during the reporting period for accruals related to preexisting standard and extended product warranties (including adjustments for changes in estimates). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The expense charged against earnings for the period pertaining to standard and extended warranties on the entity's goods and services granted to customers. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount of expense related to write-down of receivables to the amount expected to be collected. Includes, but is not limited to, accounts receivable and notes receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cash outflow associated with security instruments that either represent a creditor or an ownership relationship with the holder of the investment security with a maturity of beyond one year or normal operating cycle, if longer. Includes repayments of (a) debt, (b) capital lease obligations, (c) mandatory redeemable capital securities, and (d) any combination of (a), (b), or (c). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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