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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
OPERATING ACTIVITIES:    
Net loss $ (537) $ (1,098)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation of property and equipment 7 5
Amortization of intangible assets, license and supply agreement and finance lease right-of-use asset 46 45
Stock-based compensation, including stock options and restricted stock 276 222
Inventory obsolescence charge 9 1
Extinguishment of PPP loan (482)
Change in fair value of contingent consideration (42)
Accretion of contingent consideration 8
(Gain) loss on foreign currency transactions (4) 2
Change in lease right-of-use assets 77 67
(Increase) decrease in operating assets:    
Accounts receivable (354) (552)
Inventory 616 (1,088)
Prepaid expenses and other current assets 130 (80)
Other assets (57)
Increase in operating liabilities:    
Accounts payable 76 614
Accrued expenses 161 174
Lease liabilities (76) (61)
Net cash used in operating activities (55) (1,840)
INVESTING ACTIVITIES:    
Purchase of property and equipment (23)
Net cash used in investing activities (23)
FINANCING ACTIVITIES:    
Proceeds from issuance of common stock 6,771
Net payments from secured revolving credit facility (65)
Payments on secured note payable (61) (56)
Principal payments on finance lease liability (3) (1)
Principal payments on equipment financing (1) (1)
Proceeds from exercise of warrants 51
Proceeds from exercise of options 62 2
Payment of contingent consideration (63)
Net cash (used in) provided by financing activities (3) 6,638
Effect of foreign exchange rates on cash (5) (2)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (86) 4,796
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 8,249 4,166
CASH AND CASH EQUIVALENTS, END OF PERIOD 8,163 8,962
Supplemental disclosure of cash flow information    
Cash paid for interest expense 12 36
Cash paid for income taxes 21 11
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING INFORMATION    
Right-of-use asset obtained in exchange for operating lease liability 21 201
Right-of-use asset obtained in exchange for finance lease liability $ 17