Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands |
3 Months Ended |
Dec. 31, 2019 |
Dec. 31, 2018 |
| Operating activities |
|
|
| Net loss |
$ (820)
|
$ (1,788)
|
| Adjustments to reconcile net loss to net cash provided by (used in) operating activities: |
|
|
| Amortization of other intangibles |
94
|
46
|
| Depreciation and amortization of property and equipment |
227
|
273
|
| Provision for doubtful accounts - including financing receivables |
9
|
26
|
| Stock-based compensation expense related to stock options and warrants |
52
|
164
|
| Deferred loan interest to related party |
123
|
0
|
| Remeasurement loss (gain) on derivative liability |
2
|
(15)
|
| Changes in operating assets and liabilities: |
|
|
| Accounts receivable |
1,137
|
3,788
|
| Financing receivables |
0
|
(2)
|
| Inventories |
(351)
|
(381)
|
| Investment in lease |
33
|
0
|
| Capitalized commissions |
87
|
70
|
| Prepaid expenses and other current assets |
216
|
24
|
| Right-of-use assets under operating leases |
289
|
|
| Operating lease obligations |
(289)
|
|
| Other long-term assets |
(5)
|
0
|
| Accounts payable and accrued liabilities |
(136)
|
(752)
|
| Other long-term liabilities |
(6)
|
(22)
|
| Unearned revenue |
(1,090)
|
(1,183)
|
| Net cash provided by (used in) operating activities |
(418)
|
248
|
| Investing activities |
|
|
| Purchases of property and equipment |
(59)
|
(83)
|
| Net cash used in investing activities |
(59)
|
(83)
|
| Financing activities |
|
|
| Proceeds from notes payable |
0
|
500
|
| Proceeds from lines of credit |
0
|
7,051
|
| Payments on notes payable |
(250)
|
(83)
|
| Payments on lines of credit |
0
|
(6,792)
|
| Payment of debt issuance costs |
0
|
(10)
|
| Payments on finance lease obligations |
(70)
|
(73)
|
| Net cash provided by (used in) financing activities |
(320)
|
593
|
| Changes in cash and cash equivalents due to changes in foreign currency |
13
|
(35)
|
| Net increase (decrease) in cash and cash equivalents |
(784)
|
723
|
| Cash and cash equivalents at beginning of year |
4,295
|
1,189
|
| Cash and cash equivalents at end of year |
3,511
|
1,912
|
| Supplemental cash flow information: |
|
|
| Interest paid |
253
|
136
|
| Income taxes paid, foreign |
81
|
92
|
| Non-cash financing and investing activities: |
|
|
| Property and equipment financed by finance lease or accounts payable |
36
|
49
|
| Debt discount |
0
|
3
|
| Preferred stock dividends paid in additional shares |
0
|
53
|
| Conversion of preferred shares |
$ 0
|
$ 563
|