CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
|
12 Months Ended |
Dec. 31, 2015 |
Dec. 31, 2014 |
| CASH FLOWS FROM OPERATING ACTIVITIES: |
|
|
| Net profit (loss) |
$ (139,000)
|
$ 362,000
|
| Adjustments required to reconcile net loss to net cash provided by (used in) operating activities: |
|
|
| Loss on disposal of property |
|
13,000
|
| Depreciation and amortization |
|
4,000
|
| Decrease in trade receivables |
|
45,000
|
| Increase in other accounts receivable and prepaid expenses |
|
(19,000)
|
| Decrease in inventories |
|
229,000
|
| Decrease in trade payables |
$ (5,000)
|
(140,000)
|
| Decrease in employees and payroll accruals |
|
(59,000)
|
| Changes in warrants to issue shares |
$ (35,000)
|
2,000
|
| Increase (decrease) in accrued expenses and other payables |
(11,000)
|
28,000
|
| NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES |
$ (190,000)
|
465,000
|
| CASH FLOWS FROM INVESTING ACTIVITIES: |
|
|
| Proceeds from sale of property and equipment |
|
12,000
|
| Increase in short-term bank deposits |
|
(14,000)
|
| Realization of (increase) decrease in restricted cash balances |
$ 205,000
|
(184,000)
|
| NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES |
205,000
|
(186,000)
|
| Increase in cash and cash equivalents |
15,000
|
279,000
|
| Cash and cash equivalents at the beginning of the year |
613,000
|
613,000
|
| Cash and cash equivalents at the end of the year |
$ 628,000
|
$ 613,000
|