XML 18 R6.htm IDEA: XBRL DOCUMENT v3.19.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net (loss) income $ (654) $ 81
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 1,324 782
Stock based compensation 124 68
Provision for doubtful accounts (20) (4)
Gain on disposal of property and equipment (3) (1)
Unrealized foreign currency gains (136) 0
Changes in operating assets and liabilities:    
Accounts receivable 286 (3)
Inventories 79 (87)
Income tax accruals 29 (61)
Prepaid expenses and other assets (227) 73
Accounts payable (145) (214)
Accrued expenses (329) 81
Customer advances 583 127
Net cash provided by operating activities 911 842
Investing activities:    
Capital expenditures (2,218) (433)
Proceeds from sale of equipment 0 2
Net cash used by investing activities (2,218) (431)
Financing activities:    
Payments of long-term debt (451) (111)
Payments of debt issuance costs (22) 0
Payments on revolving line of credit (11,505) (5,085)
Borrowings on revolving line of credit 11,914 5,085
Borrowing on construction loan 908 0
Borrowing on equipment loan 285 0
Proceeds from exercise of stock options 1 1
Payments on capital lease obligations (76) (63)
Net cash provided (used in) by financing activities 1,054 (173)
Net increase (decrease) in cash and cash equivalents (253) 238
Cash and cash equivalents at beginning of period 773 434
Cash and cash equivalents at end of period 520 672
Supplemental disclosure of non-cash financing activities:    
Cash paid for interest $ 225 $ 94