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Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating Activities:    
Net income $ 947 $ 346
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 39 33
Stock-based compensation 4 5
Penalties on dividends 6 12
Changes in operating assets and liabilities:    
Accounts receivable 475 (282)
Inventories 15
Prepaid expenses and other assets (94) (92)
Operating lease, right-of-use asset 246
Accounts payable and accrued expenses (307) 87
Deferred revenue (529) (330)
Net cash provided by (used in) operating activities 787 (206)
Investing Activities:    
Purchases of property and equipment (96) (37)
Financing Activities:    
Borrowings on loan from officer 100
Payments on loan to officer (1,000)
Proceeds from stock options exercised 220 70
Payments of dividends (597)
Reduction of finance lease liability (15) (18)
Net cash provided by (used in) financing activities (1,392) 152
Net decrease in cash and cash equivalents (701) (91)
Cash and cash equivalents at beginning of period 1,652 224
Cash and cash equivalents at end of period 951 133
SUPPLEMENTAL DISCLOSURE OF NON CASH OPERATING AND FINANCING ACTIVITIES:    
Preferred stock dividends accrued 34 36
Purchase of leased equipment per right-of-use finance lease 41
Initial recognition of operating lease, right-of-use asset $ 1,744