Consolidated Statements of Cash Flows - USD ($)
$ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Cash flows from operating activities: |
|
|
|
| Net income (loss) |
$ (2,835)
|
$ (1,243)
|
$ 261
|
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |
|
|
|
| Depreciation |
86
|
92
|
146
|
| Loss on disposal of fixed assets |
|
|
33
|
| Provision for (recovery of) bad debts |
18
|
|
(65)
|
| Provision for obsolete inventory |
(192)
|
(63)
|
255
|
| Stock-based compensation |
288
|
218
|
86
|
| (Increase) decrease in: |
|
|
|
| Trade accounts receivable |
1,766
|
6,353
|
(3,723)
|
| Other accounts receivable |
34
|
(26)
|
93
|
| Inventory |
2,758
|
(694)
|
(3,668)
|
| Prepaids |
355
|
753
|
657
|
| Other assets |
(255)
|
(98)
|
148
|
| Increase (decrease) in: |
|
|
|
| Accounts payable |
(559)
|
27
|
3,210
|
| Accrued expenses |
(746)
|
(461)
|
(376)
|
| Net cash provided by (used in) operating activities |
718
|
4,858
|
(2,943)
|
| Cash flows from investing activities: |
|
|
|
| Purchase of property and equipment |
(62)
|
(111)
|
(116)
|
| Net cash used in investing activities |
(62)
|
(111)
|
(116)
|
| Cash flows from financing activities: |
|
|
|
| Borrowings on line of credit |
1,848
|
4,460
|
4,380
|
| Repayments on line of credit |
(1,848)
|
(7,185)
|
(1,655)
|
| Cash received from exercise of stock options |
|
27
|
137
|
| Net cash provided by (used in) financing activities |
|
(2,698)
|
2,862
|
| Effect of exchange rate changes on cash |
(1,103)
|
(866)
|
(708)
|
| Net increase (decrease) in cash and cash equivalents |
(447)
|
1,183
|
(905)
|
| Cash and cash equivalents, beginning of year |
2,647
|
1,464
|
2,369
|
| Cash and cash equivalents, end of year |
2,200
|
2,647
|
1,464
|
| Cash paid for interest |
$ 229
|
$ 350
|
77
|
| Cash paid for income taxes |
|
|
$ 50
|