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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities    
Net (loss) income $ (1,327) $ 1,153
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Inventories allowances 112 (31)
Deferred tax benefit (416) 195
Depreciation and amortization 896 702
Share-based compensation expense 110 66
Restricted stock unit compensation expense 85 111
(Gain) loss on investment in securities (186) 1,392
Changes in operating assets and liabilities:    
Trade accounts receivable 2,850 (1,883)
Inventories (3,096) 3,700
Prepaid expenses and other current assets 609 (869)
Other assets (31) 31
Accounts payable 1,259 (2,475)
Accrued compensation and related taxes (854) 288
Accrued warranty expense (156) 45
Deferred revenue 924 963
Accrued other expenses and other current liabilities 220 (745)
Net cash provided by operating activities 999 2,643
Investing activities    
Purchases of property, plant and equipment (2,301) (1,067)
Investment in securities 0 (3,741)
Proceeds from sale of available-for-sale securities 0 8,335
Net cash (used in) provided by investing activities (2,301) 3,527
Financing activities    
Proceeds from note payable 425 0
Proceeds from issuance of common stock 2 0
Cash dividends declared and paid (765) (815)
Repurchase of common stock (803) (1,153)
Net cash used in financing activities (1,141) (1,968)
Net change in cash and cash equivalents (2,443) 4,202
Cash and cash equivalents, beginning of period 11,268 7,147
Cash and cash equivalents, end of period 8,825 11,349
Supplemental disclosure    
Cash paid for interest 2 0
Income tax paid 0 0
Non-cash financing activity    
Restricted stock units issued $ 168 $ 140