Annual report pursuant to Section 13 and 15(d)

Statements of Cash Flows

v2.4.1.9
Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Cash flows from operating activities      
Net income $ 6,826us-gaap_NetIncomeLoss $ 25,435us-gaap_NetIncomeLoss $ 564us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 12,080us-gaap_DepreciationDepletionAndAmortization 8,544us-gaap_DepreciationDepletionAndAmortization 4,984us-gaap_DepreciationDepletionAndAmortization
Loss on rental units 1,895us-gaap_GainLossOnSaleOfPropertyPlantEquipment 305us-gaap_GainLossOnSaleOfPropertyPlantEquipment 258us-gaap_GainLossOnSaleOfPropertyPlantEquipment
Loss on disposal of other fixed assets 2us-gaap_GainLossOnSaleOfOtherAssets 16us-gaap_GainLossOnSaleOfOtherAssets 5us-gaap_GainLossOnSaleOfOtherAssets
Provision for sales returns 3,451us-gaap_SalesReturnsAndAllowancesGoods 1,770us-gaap_SalesReturnsAndAllowancesGoods 627us-gaap_SalesReturnsAndAllowancesGoods
Provision for doubtful accounts 1,692us-gaap_ProvisionForDoubtfulAccounts 2,045us-gaap_ProvisionForDoubtfulAccounts 1,071us-gaap_ProvisionForDoubtfulAccounts
Provision for rental revenue adjustments 7,898ingn_HealthCareOrganizationPatientServiceRevenueAdjustments 6,613ingn_HealthCareOrganizationPatientServiceRevenueAdjustments 3,102ingn_HealthCareOrganizationPatientServiceRevenueAdjustments
Provision for inventory obsolescence 147us-gaap_InventoryWriteDown 78us-gaap_InventoryWriteDown 42us-gaap_InventoryWriteDown
Provision for other inventory losses 55us-gaap_ProvisionForOtherLosses    
Stock-based compensation expense 1,451us-gaap_ShareBasedCompensation 230us-gaap_ShareBasedCompensation 60us-gaap_ShareBasedCompensation
Increase (decrease) in fair value of preferred stock warrant liability (36)us-gaap_FairValueAdjustmentOfWarrants 262us-gaap_FairValueAdjustmentOfWarrants (148)us-gaap_FairValueAdjustmentOfWarrants
Deferred tax assets 1,564us-gaap_DeferredIncomeTaxExpenseBenefit (21,788)us-gaap_DeferredIncomeTaxExpenseBenefit  
Excess tax benefits from stock-based compensation arrangements (1,641)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities    
Changes in operating assets and liabilities:      
Accounts receivable (22,159)us-gaap_IncreaseDecreaseInAccountsReceivable (13,628)us-gaap_IncreaseDecreaseInAccountsReceivable (7,462)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories (3,570)us-gaap_IncreaseDecreaseInInventories (267)us-gaap_IncreaseDecreaseInInventories (2,436)us-gaap_IncreaseDecreaseInInventories
Deferred costs of rental revenue (226)us-gaap_IncreaseDecreaseInDeferredCharges (130)us-gaap_IncreaseDecreaseInDeferredCharges (89)us-gaap_IncreaseDecreaseInDeferredCharges
Prepaid expenses and other current assets (591)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (378)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (15)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Accounts payable and accrued expenses 3,637us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 2,150us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 1,705us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued payroll 1,168us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 543us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities 893us-gaap_IncreaseDecreaseInEmployeeRelatedLiabilities
Warranty reserve 306us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease 362us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease 197us-gaap_ProductWarrantyAccrualPeriodIncreaseDecrease
Deferred revenue 2,229us-gaap_IncreaseDecreaseInDeferredRevenue 1,169us-gaap_IncreaseDecreaseInDeferredRevenue 500us-gaap_IncreaseDecreaseInDeferredRevenue
Income tax receivable (401)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable (87)us-gaap_IncreaseDecreaseInIncomeTaxesReceivable  
Income tax payable   (25)us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 4us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Deferred tax liabilities   (10)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 3us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Other noncurrent liabilities (80)us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities 258us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities 139us-gaap_IncreaseDecreaseInOtherNoncurrentLiabilities
Net cash provided by operating activities 15,697us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 13,467us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 4,004us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities      
Investment in intangible assets (205)us-gaap_PaymentsToAcquireIntangibleAssets (37)us-gaap_PaymentsToAcquireIntangibleAssets (63)us-gaap_PaymentsToAcquireIntangibleAssets
Production of rental equipment (14,481)ingn_PaymentToProduceRentalEquipment (15,075)ingn_PaymentToProduceRentalEquipment (10,361)ingn_PaymentToProduceRentalEquipment
Purchases of property and equipment (1,551)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (3,030)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (2,024)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Payment of deposit (17)us-gaap_PaymentsForOtherDeposits   (27)us-gaap_PaymentsForOtherDeposits
Net cash used in investing activities (16,254)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (18,142)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (12,475)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities      
Net proceeds from issuance of Series G redeemable convertible preferred stock     19,945us-gaap_ProceedsFromIssuanceOfRedeemableConvertiblePreferredStock
Proceeds from borrowings 6,000us-gaap_ProceedsFromIssuanceOfDebt 6,000us-gaap_ProceedsFromIssuanceOfDebt 6,000us-gaap_ProceedsFromIssuanceOfDebt
Proceeds from redeemable convertible preferred stock warrants and common stock warrants exercised 506us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants 1,883us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants 422us-gaap_ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants
Proceeds from stock options exercised 946us-gaap_ProceedsFromStockOptionsExercised 10us-gaap_ProceedsFromStockOptionsExercised 3us-gaap_ProceedsFromStockOptionsExercised
Proceeds from initial public offering 56,471us-gaap_ProceedsFromIssuanceInitialPublicOffering    
Costs associated with initial public offering (6,031)us-gaap_PaymentsOfStockIssuanceCosts (597)us-gaap_PaymentsOfStockIssuanceCosts  
Employee stock purchase 413us-gaap_ProceedsFromStockPlans    
Repayment of debt from investment in intangible assets (213)us-gaap_RepaymentsOfLongTermDebt (212)us-gaap_RepaymentsOfLongTermDebt (213)us-gaap_RepaymentsOfLongTermDebt
Repayment of borrowings (15,861)us-gaap_RepaymentsOfDebt (4,000)us-gaap_RepaymentsOfDebt (6,480)us-gaap_RepaymentsOfDebt
Excess tax benefits from stock-based compensation arrangements 1,641us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities    
Net cash provided by financing activities 43,872us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 3,084us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 19,677us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net increase (decrease) in cash and cash equivalents 43,315us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (1,591)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 11,206us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 13,521us-gaap_CashAndCashEquivalentsAtCarryingValue 15,112us-gaap_CashAndCashEquivalentsAtCarryingValue 3,906us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of period 56,836us-gaap_CashAndCashEquivalentsAtCarryingValue 13,521us-gaap_CashAndCashEquivalentsAtCarryingValue 15,112us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosures of cash flow information      
Cash paid during the period for interest 487us-gaap_InterestPaid 552us-gaap_InterestPaid 462us-gaap_InterestPaid
Cash paid during the period for income taxes 2,061us-gaap_IncomeTaxesPaid 311us-gaap_IncomeTaxesPaid 37us-gaap_IncomeTaxesPaid
Non-cash transactions:      
Deemed dividend on redeemable convertible preferred stock $ 987us-gaap_TemporaryEquityAccretionOfDividends $ 7,278us-gaap_TemporaryEquityAccretionOfDividends $ 5,781us-gaap_TemporaryEquityAccretionOfDividends