|
Consolidated 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 (loss) |
$ 261 |
$ (597) |
$ (2,500) |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: |
|
|
|
| Depreciation |
146 |
263 |
276 |
| Loss on disposal of fixed assets |
33 |
49 |
64 |
| Provision for (recovery of) bad debts |
(65) |
34 |
242 |
| Provision for obsolete inventory |
255 |
(194) |
171 |
| Stock-based compensation |
86 |
109 |
231 |
| (Increase) decrease in: |
|
|
|
| Trade accounts receivable |
(3,723) |
(1,643) |
(1,879) |
| Other accounts receivable |
93 |
(68) |
(19) |
| Inventory |
(3,668) |
1,156 |
(1,362) |
| Prepaids |
657 |
(1,914) |
964 |
| Other assets |
148 |
50 |
(160) |
| Increase (decrease) in: |
|
|
|
| Accounts payable |
3,210 |
(353) |
(992) |
| Accrued expenses |
(376) |
(606) |
(933) |
| Net cash used in operating activities |
(2,943) |
(3,714) |
(5,897) |
| Cash flows from investing activities: |
|
|
|
| Purchase of property and equipment |
(116) |
(145) |
(396) |
| (Increase) decrease in restricted cash |
|
1,003 |
(3) |
| Net cash provided by (used in) investing activities |
(116) |
858 |
(399) |
| Cash flows from financing activities: |
|
|
|
| Borrowings on line of credit |
4,380 |
|
|
| Repayments on line of credit |
(1,655) |
|
|
| Cash received from exercise of stock options |
137 |
|
|
| Net cash provided by financing activities |
2,862 |
|
|
| Effect of exchange rate changes on cash |
(708) |
(5) |
104 |
| Net decrease in cash and cash equivalents |
(905) |
(2,861) |
(6,192) |
| Cash and cash equivalents, beginning of period |
2,369 |
5,230 |
11,422 |
| Cash and cash equivalents, end of period |
1,464 |
2,369 |
5,230 |
| Cash paid for interest |
77 |
|
|
| Cash paid for income taxes |
$ 50 |
|
|