Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
6 Months Ended |
Jun. 30, 2017 |
Jun. 30, 2016 |
| Cash flows from operating activities |
|
|
| Net loss |
$ (2,462)
|
$ (2,917)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
1,562
|
1,609
|
| (Gain) loss on change in warrant liability |
(231)
|
(48)
|
| Loss from disposal of fixed assets - net of accumulated depreciation |
75
|
|
| Stock-based compensation |
326
|
610
|
| Non-cash loan origination fees |
39
|
34
|
| Non-cash directors' fees |
43
|
31
|
| Allowance for doubtful accounts |
(14)
|
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
1,053
|
1,910
|
| Inventory |
52
|
57
|
| Other current assets |
(13)
|
202
|
| Other assets, net |
40
|
10
|
| Accounts payable |
(1,403)
|
(793)
|
| Accrued liabilities |
(1,258)
|
(1,006)
|
| Deferred revenue |
491
|
223
|
| Gain on long-term contract |
|
(350)
|
| Deferred rent and other liabilities |
(107)
|
(182)
|
| Net cash used in operating activities |
(1,807)
|
(610)
|
| Cash flows from investing activities |
|
|
| Purchases of property and equipment |
(107)
|
(140)
|
| Net cash used in investing activities |
(107)
|
(140)
|
| Cash flows from financing activities |
|
|
| Borrowings on line of credit |
|
700
|
| Payments on line of credit |
(1,274)
|
|
| Net cash provided by (used in) financing activities |
(1,274)
|
700
|
| Effect of exchange rate changes on cash |
248
|
(284)
|
| Net increase in cash and cash equivalents |
(2,940)
|
(334)
|
| Cash and cash equivalents, beginning of period |
5,142
|
3,206
|
| Cash and cash equivalents, end of period |
2,202
|
2,872
|
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid during the period for interest |
$ 12
|
105
|
| Cash paid during the period for income taxes |
|
$ 77
|