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Please analyze this company 10Q report and till me areas in which they are doing well and areas which need improvements. 2018 2017 Cash Flows

Please analyze this company 10Q report and till me areas in which they are doing well and areas which need improvements.

2018

2017

Cash Flows from Operating Activities

Net loss

$

(784,627

)

$

(397,181

)

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

416,233

376,602

Stock-based compensation

141,639

103,717

Amortization of debt discounts and issuance costs

39,345

31,747

Inventory write-downs

18,546

26,918

Loss on disposals of fixed assets

52,237

41,120

Foreign currency transaction losses

47,661

5,064

Loss related to SolarCity acquisition

-

11,571

Non-cash interest and other operating activities

(3,984

)

(6,589

)

Changes in operating assets and liabilities, net of effect of business combinations:

Accounts receivable

(169,142

)

91,541

Inventories

(322,081

)

(124,514

)

Operating lease vehicles

(97,196

)

(458,965

)

Prepaid expenses and other current assets

(50,001

)

(75,504

)

MyPower customer notes receivable and other assets

(57,583

)

8,006

Accounts payable and accrued liabilities

317,983

2,531

Deferred revenue

45,795

103,941

Customer deposits

67,359

(51,004

)

Resale value guarantee

-

184,579

Other long-term liabilities

(60,560

)

56,609

Net cash used in operating activities

(398,376

)

(69,811

)

Cash Flows from Investing Activities

Purchases of property and equipment excluding capital leases, net of sales

(655,662

)

(552,624

)

Purchases of solar energy systems, leased and to be leased

(72,975

)

(219,948

)

Business combinations, net of cash acquired

-

(109,147

)

Net cash used in investing activities

(728,637

)

(881,719

)

Cash Flows from Financing Activities

Proceeds from issuances of common stock in public offerings

-

400,175

Proceeds from issuances of convertible and other debt

1,775,481

1,838,166

Repayments of convertible and other debt

(1,389,388

)

(690,945

)

Repayments of borrowings under Solar Bonds issued to related parties

(17,500

)

(90,000

)

Collateralized lease (repayments) borrowings

(87,092

)

186,355

Proceeds from exercises of stock options and other stock issuances

94,018

57,307

Principal payments on capital leases

(18,787

)

(18,303

)

Common stock and debt issuance costs

(2,913

)

(11,094

)

Purchases of convertible note hedges

-

(204,102

)

Proceeds from issuances of warrants

-

52,883

Proceeds from investments by noncontrolling interests in subsidiaries

73,704

142,003

Distributions paid to noncontrolling interests in subsidiaries

(52,942

)

(63,696

)

Payments for buy-outs of noncontrolling interests in subsidiaries

(2,921

)

-

Net cash provided by financing activities

371,660

1,598,749

Effect of exchange rate changes on cash and cash equivalents and restricted cash

10,102

11,643

Net (decrease) increase in cash and cash equivalents and restricted cash

(745,251

)

658,862

Cash and cash equivalents and restricted cash, beginning of period

3,964,959

3,766,900

Cash and cash equivalents and restricted cash, end of period

$

3,219,708

$

4,425,762

Supplemental Non-Cash Investing and Financing Activities

Acquisitions of property and equipment included in liabilities

$

286,975

$

654,322

Estimated fair value of facilities under build-to-suit leases

$

56,169

$

65,244

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