XML 16 R6.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net loss $ (4,013) $ (2,206)
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation expense 296 264
Depreciation and amortization 228 240
Deferred income taxes (1,262) (555)
Gain on the sale of fixed assets 0 (8)
Foreign currency transaction losses 35 90
Changes in operating assets and liabilities:    
Accounts receivable 680 (1,330)
Inventories (1,344) 1,309
Prepaid income taxes (5) (2)
Other current and long-term assets (773) (103)
Accounts payable (400) 227
Accrued liabilities and other liabilities (261) (1,020)
Net cash used in operating activities (6,819) (3,094)
Cash flows from investing activities:    
Capital expenditures (496) (68)
Proceeds from the sale of fixed assets 0 8
Collection (issuance) of note receivable 0 1,598
Net cash provided by (used in) investing activities (496) 1,538
Cash flows from financing activities:    
Proceeds from stock option exercises 0 91
Withholding taxes paid on stock issuance (119) (75)
Payment of bank financing costs 0 (31)
Net cash provided by financing activities (119) (15)
Effect of exchange rate changes on cash and cash equivalents (29) (60)
Increase (decrease) in cash and cash equivalents (7,463) (1,631)
Cash and cash equivalents, beginning of period 19,457 10,359
Cash and cash equivalents, end of period 11,994 8,728
Supplemental schedule of non-cash investing activities:    
Capital expenditures included in accounts payable $ 174 $ 27