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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating activities    
Net income (loss) $ 1,002 $ (1,494)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Inventories allowances 368 72
Deferred tax expense 184 28
Depreciation and amortization 681 661
Share-based compensation expense-stock options 65 60
Share-based compensation expense-restricted stock units 128 89
(Gain) loss on investment in securities (2,467) 506
Changes in operating assets and liabilities:    
Trade accounts receivable (744) 381
Inventories (2,963) 3,914
Prepaid expenses and other current assets 12 325
Other assets 11 54
ROU asset and lease liability (8) 44
Accounts payable 1,197 (838)
Accrued compensation and related taxes (154) (331)
Accrued warranty expense (147) (337)
Deferred revenue (47) 557
Accrued other expenses and other current liabilities 57 (94)
Net cash (used in) provided by operating activities (2,825) 3,597
Investing activities    
Purchases of property, plant, and equipment (1,541) (525)
Net cash used in investing activities (1,541) (525)
Financing activities    
Proceeds from common stock issuance, net of costs 11,599 0
Cash dividends paid (501) (502)
Repurchase of common stock 0 (269)
Proceeds from the credit facility and notes payable 3,543 2,196
Repayment of the credit facility and notes payable (1,400) (2,234)
Net cash provided by (used in) financing activities 13,201 (809)
Net change in cash and cash equivalents 8,835 2,263
Cash and cash equivalents, beginning of period 6,826 4,676
Cash and cash equivalents, end of period 15,661 6,939
Supplemental disclosure    
Cash paid for interest 14 11
Non-cash financing activity    
Common stock issued under restricted stock units $ 84 $ 56