Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
9 Months Ended |
Sep. 30, 2017 |
Sep. 30, 2016 |
| Cash flows from operating activities |
|
|
| Net loss |
$ (4,383)
|
$ (3,803)
|
| Adjustments to reconcile net loss to net cash used in operating activities: |
|
|
| Depreciation and amortization |
2,319
|
2,410
|
| (Gain) loss on change in warrant liability |
(231)
|
(48)
|
| Loss from disposal of fixed assets - net of accumulated depreciation |
76
|
|
| Stock-based compensation |
436
|
757
|
| Non-cash loan origination fees |
61
|
52
|
| Non-cash directors' fees |
39
|
31
|
| Inventory reserve adjustment for obsolescence |
45
|
|
| Allowance for doubtful accounts |
(10)
|
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
1,744
|
955
|
| Inventory |
(137)
|
416
|
| Other current assets |
(441)
|
330
|
| Other assets, net |
49
|
8
|
| Accounts payable |
(1,608)
|
(913)
|
| Accrued liabilities |
(978)
|
(706)
|
| Deferred revenue |
33
|
(521)
|
| Loss (gain) on long-term contract |
|
(524)
|
| Deferred rent and other liabilities |
(161)
|
(222)
|
| Net cash used in operating activities |
(3,147)
|
(1,778)
|
| Cash flows from investing activities |
|
|
| Purchases of property and equipment |
(114)
|
(288)
|
| Net cash used in investing activities |
(114)
|
(288)
|
| Cash flows from financing activities |
|
|
| Borrowings on secured line of credit |
700
|
700
|
| Payments on secured line of credit |
(1,274)
|
|
| Net cash provided by (used in) financing activities |
(574)
|
700
|
| Effect of exchange rate changes on cash |
253
|
(353)
|
| Net increase in cash and cash equivalents |
(3,582)
|
(1,719)
|
| Cash and cash equivalents, beginning of period |
5,142
|
3,206
|
| Cash and cash equivalents, end of period |
1,560
|
1,487
|
| Supplemental disclosures of cash flow information: |
|
|
| Cash paid during the period for interest |
14
|
126
|
| Cash paid during the period for income taxes |
$ 14
|
$ 77
|