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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:    
Net income $ (5,630) $ 516
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:    
Share-based compensation expense 876 692
Depreciation and amortization 1,342 1,371
Deferred income taxes (367) (294)
Provision for doubtful accounts (1) 16
Foreign currency transaction losses (58) 18
Changes in operating assets and liabilities:    
Accounts receivable 2,976 1,589
Inventories 876 796
Prepaid income taxes (2,226) 577
Other current and long term assets (198) (333)
Accounts payable (1,276) (517)
Accrued liabilities and other liabilities 176 415
Net cash (used in) provided by operating activities (3,510) 4,846
Cash flows from investing activities:    
Capital expenditures (744) (1,062)
Additions to capitalized software 0 (304)
Issuance of note receivable (600) (1,000)
Net cash used in investing activities (1,344) (2,366)
Cash flows from financing activities:    
Revolving credit line borrowings 2,756 0
Revolving credit line payments (2,756) 0
Proceeds from stock option exercises 375 0
Payment of dividends on common stock 0 (2,683)
Withholding taxes paid on stock issuances (41) (214)
Proceeds from Issuance of Common Stock 9,798 0
Payments of Stock Issuance Costs (1,061) 0
Payment of bank financing costs (213) 0
Proceeds from Issuance of Other Long-term Debt 2,173 0
Net cash used in financing activities 11,031 (2,897)
Effect of exchange rate changes on cash and cash equivalents (21) (71)
Increase (decrease) in cash and cash equivalents 6,156 (488)
Cash and cash equivalents, beginning of period 4,203 4,691
Cash and cash equivalents, end of period 10,359 4,203
Supplemental cash flow information:    
Interest paid 64 30
Income taxes paid 46 65
Non-cash capital expenditure items $ 25 $ 17