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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
OPERATING ACTIVITIES:    
Net loss $ (2,755) $ (2,291)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 11 16
Amortization of intangible assets, license and supply agreement and finance lease right-of-use asset 90 88
Non-cash stock-based compensation, including stock options and restricted stock 401 308
Inventory reserve 1 37
Change in fair value of contingent consideration (42) (19)
Accretion of contingent consideration 8 28
Loss on foreign currency transactions 14 6
(Increase) decrease in operating assets:    
Accounts receivable 175 (87)
Inventory (2,208) (487)
Prepaid expenses and other current assets 137 (5)
Operating right-of-use assets and operating lease liabilities 11
Other assets (57) (21)
Increase in operating liabilities:    
Accounts payable 343 73
Accrued expenses 311 328
Net cash used in operating activities (3,560) (2,026)
INVESTING ACTIVITIES:    
Purchase of equipment (226)
Acquisition of the Aether business (137)
Net cash used in investing activities (226) (137)
FINANCING ACTIVITES:    
Proceeds from issuance of common stock 6,771 1,992
Proceeds from Paycheck Protection Program Loan 479
Net (payments on) proceeds from secured revolving credit facility (560) 30
Payments on secured note payable (113) (105)
Principal payments on finance lease liability (1)
Principal payments on equipment financing (1)
Proceeds from exercise of warrants 163
Proceeds from exercise of options 7
Payment of contingent consideration (79) (16)
Net cash provided by financing activities 6,666 1,901
Effect of foreign exchange rates on cash (1)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,880 (263)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 4,166 4,581
CASH AND CASH EQUIVALENTS, END OF PERIOD 7,046 4,318
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Cash paid for interest expense 65 62
Cash paid for income taxes 21 4
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING INFORMATION    
Right-of-use asset obtained in exchange for operating lease liability 201 800
Right-of-use asset obtained in exchange for finance lease liability 17
Purchase of equipment included in accrued expenses $ 14