|
Consolidated Statements of Cash Flows Statement (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
| Cash flows from operating activities: |
|
|
| Net loss attributable to common stockholders |
$ (8,477) |
$ (1,858) |
| Less: Net Income (loss) from discontinued operations, net of tax |
0 |
2,921 |
| Loss from continuing operations |
(8,521) |
(4,779) |
| Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |
|
|
| Depreciation and amortization |
509 |
804 |
| Deferred tax benefit |
0 |
(1,948) |
| Deferred compensation |
171 |
21 |
| Share-based Compensation |
100 |
202 |
| Provision for (reversal of) accounts receivable reserves |
18 |
30 |
| Provision for inventory reserve |
221 |
317 |
| Changes in assets and liabilities: |
|
|
| Restricted cash |
(170) |
21 |
| Accounts receivable |
705 |
1,297 |
| Inventories |
1,245 |
1,115 |
| Deferred cost of goods sold |
(664) |
(5) |
| Deposits, prepaid expenses and other current assets |
(240) |
680 |
| Accounts payable, accrued liabilities and other liabilities |
1,079 |
(2,972) |
| Deposit - related party |
0 |
300 |
| Advances on contracts in progress |
396 |
(1,195) |
| Net cash used in operating activities of continuing operations |
(5,151) |
(6,112) |
| Net Cash Provided by Operating Activities of Discontinued Operations |
(150) |
(1,726) |
| Net cash provided by (used in) operating activities |
(5,301) |
(7,838) |
| Cash flows from investing activities: |
|
|
| Payments to Acquire Property, Plant, and Equipment |
(139) |
(143) |
| Additions to intangible and other assets |
(119) |
(2) |
| Net cash used in investing activities of continuing operations |
(258) |
(145) |
| Net cash provided by (used in) investing activities of discontinued operations |
718 |
6,859 |
| Net cash provided by (used in) investing activities |
460 |
6,714 |
| Cash flows from financing activities: |
|
|
| Principal payments on capital lease obligations |
(13) |
(37) |
| Proceeds from Notes Payable |
6,000 |
0 |
| Repayments of Notes Payable |
(183) |
0 |
| Proceeds from (Repayments of) Lines of Credit |
(7) |
(567) |
| Net cash used in financing activities |
5,797 |
(604) |
| Net increase (decrease) in cash and cash equivalents |
956 |
(1,728) |
| Cash and cash equivalents, beginning of period |
3,030 |
4,758 |
| Cash and cash equivalents, end of period |
3,986 |
3,030 |
| Supplemental disclosures of cash flow information: |
|
|
| Interest paid |
138 |
120 |
| Income taxes refunded, net |
(7) |
(5) |
| Supplemental disclosure of non-cash flow information |
|
|
| Liabilities converted to common stock |
84 |
384 |
| Dividends |
$ 9,540 |
$ 0 |