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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (IN THOUSANDS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Jun. 30, 2015
Cash Flow from Operating Activities          
Net income $ 215 $ 248 $ 592 $ 180 $ 824
Adjustments to reconcile net income to net cash flow provided by operating activities          
Depreciation and amortization     937 1,189  
Bad debt (recovery) / expense, net     (6) 56  
Inventory recovery     (45) (73)  
Warranty recovery)     (14) (9)  
Accrued interest expense, net accrued interest income     98 101  
(Gain) / loss on disposal of property, plant and equipment - continued operations     $ (4) 28  
Impairment loss     70  
Contribution to capital - payable forgiveness     9  
Stock option expenses     $ 55 $ 89  
Write-off of property, plant and equipment     2  
Deferred tax provision     (14) $ (50)  
Changes in operating assets and liabilities          
Accounts receivables     261 354  
Other receivables     $ 63 (94)  
Other assets     78  
Inventories     $ (559) (318)  
Prepaid expenses and other current assets     (36) (58)  
Accounts payable and accrued liabilities     71 190  
Income tax payable     (52) 55  
Net Cash Provided by Operating Activities     1,349 $ 1,797  
Cash Flow from Investing Activities          
Proceeds from maturing of restricted and un-restricted term deposits     63  
Additions to property, plant and equipment (60) (432) (314) $ (899)  
Proceeds from disposal of plant, property, and equipment     55 16  
Net Cash used in Investing Activities     (196) (883)  
Cash Flow from Financing Activities          
Repayments on lines of credit     (152) (943)  
Repayment of bank loans and capital leases     (339) (473)  
Proceeds from long-term bank loans     192 32  
Net Cash Used in Financing Activities     (299) (1,384)  
Effect of Changes in Exchange Rate     (195) (59)  
NET INCREASE / (DECREASE) IN CASH AND CASH EQUIVALENTS     659 (529)  
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD     3,711 2,938 2,938
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 4,370 $ 2,409 4,370 2,409 $ 3,711
Supplementary Information of Cash Flows          
Cash paid during the period for Interest     105 125  
Cash paid during the period for Income taxes     157 76  
Non-Cash Transactions          
Capital lease of property, plant and equipment     $ 192 $ 32