Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2017 |
Dec. 31, 2016 |
| Operating activities |
|
|
| Net loss |
$ (809)
|
$ (3,032)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation of property and equipment |
28
|
19
|
| Amortization of license and supply agreement |
190
|
211
|
| Non-cash stock-based compensation, including stock options and restricted stock |
772
|
551
|
| Non-employee stock-based compensation |
|
46
|
| Inventory reserve |
|
27
|
| Allowance for doubtful accounts reserve |
|
35
|
| Amortization of debt discount |
116
|
53
|
| (Gain) loss on foreign currency transactions |
19
|
(4)
|
| (Increase) decrease in operating assets: |
|
|
| Accounts receivable |
(416)
|
(17)
|
| Inventory |
(195)
|
(103)
|
| Prepaid expenses and other current assets |
30
|
(10)
|
| Other assets |
(10)
|
|
| Increase (decrease) in operating liabilities: |
|
|
| Accounts payable |
268
|
(76)
|
| Accrued expenses |
|
51
|
| Deferred revenue |
(70)
|
(69)
|
| Net cash used in operating activities |
(77)
|
(2,112)
|
| Investing activities |
|
|
| Purchases of property and equipment |
|
(45)
|
| Net cash used in investing activities |
|
(45)
|
| Financing activities |
|
|
| Proceeds from issuance of common stock |
1,179
|
|
| Net proceeds from secured revolving credit facility |
711
|
|
| Proceeds from issuance of unsecured note |
|
1,187
|
| Proceeds from exercise of warrants |
100
|
1
|
| Net cash provided by (used in) financing activities |
1,990
|
1,188
|
| Effect of exchange rates on cash |
6
|
(4)
|
| Net increase (decrease) in cash |
1,919
|
(973)
|
| Cash, beginning of year |
275
|
1,248
|
| Cash, end of year |
2,194
|
275
|
| Supplemental disclosure of cash flow information |
|
|
| Cash paid for interest expense |
148
|
113
|
| Cash paid for income taxes |
7
|
11
|
| Supplemental disclosure of noncash investing and financing activities |
|
|
| Purchase of equipment in accrued expenses |
10
|
|
| Fair value of warrants issued with unsecured note payable |
|
393
|
| Investment in lease receivable, net |
|
92
|
| Cost of equipment in sales-type lease |
|
92
|
| Restricted stock issued to settle liability |
30
|
51
|
| Deposit on inventory reclassified from prepaid expenses and other current assets to inventory |
|
18
|
| Deposit on property and equipment reclassified from prepaid expenses and other current assets to property and equipment |
|
$ 124
|