XML 15 R6.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Operating activities:    
Net income (loss) $ (836) $ 243
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depreciation of property and equipment 3 1
Amortization of other assets 52 52
Non-cash stock-based compensation, including stock options and restricted stock 127 26
Non-employee stock-based compensation $ 20  
Change in fair value of warrant liability $ (1,009)
Inventory reserve $ 27
Allowance for doubtful accounts reserve 9
(Gain)/loss on foreign currency transactions 14 $ (40)
(Increase) decrease in operating assets:    
Accounts receivable (181) (224)
Inventory 106 (22)
Prepaid expenses and other current assets 7 22
Increase (decrease) in operating liabilities:    
Accounts payable 78 (39)
Accrued expenses 69 90
Deferred revenue (17) (17)
Net cash used in operating activities (522) $ (917)
Investing activities:    
Purchase of property, plant and equipment (26)
Net cash used in investing activities (26)
Financing activities:    
Proceeds from exercise of warrants 1 $ 1
Net cash provided by financing activities $ 1 1
Effect of exchange rates on cash (1)
Net decrease in cash $ (547) (917)
Cash, beginning of period 1,248 1,284
Cash, end of period 701 367
Supplemental disclosure of cash flow information    
Cash paid for interest 12 $ 14
Cash paid for income taxes 2
Supplemental disclosure of noncash investing and financing activities    
Investment in lease receivable, net 92
Cost of equipment in direct financing lease 92
Restricted stock issued to settle liability 16
Reclassification of inventory from prepaid and other current assets 18
Reclassification of property, plant and equipment from prepaid and other current assets $ 98