XML 55 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (unaudited) (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (5,498) $ (7,562)
Adjustments to reconcile net loss to net cash used in operating activities:    
Adjustment to gain on sale of Portamedic and subsidiary 150 0
Depreciation and amortization 652 1,260
Amortization of deferred financing fees 177 131
Provision for bad debt expense 62 84
Share-based compensation expense 373 213
Impairment of long-lived assets, loss on disposal of fixed assets and other 35 303
Change in assets and liabilities:    
Accounts receivable 1,819 2,288
Inventories 22 (58)
Other assets 47 (349)
Accounts payable, accrued expenses and other liabilities 982 (908)
Net cash used in operating activities (1,179) (4,598)
Cash flows from investing activities:    
Capital expenditures (423) (630)
Proceeds from the sale of Portamedic 743 0
Net cash provided by (used in) investing activities 320 (630)
Cash flows from financing activities:    
Borrowings under credit facility 0 23,311
Payments under credit facility 0 (20,393)
Payments on capital lease obligations (2) (86)
Proceeds related to the exercise of stock options 28 0
Debt financing fees 0 (967)
Net cash provided by (used in) financing activities 26 1,865
Net decrease in cash and cash equivalents (833) (3,363)
Cash and cash equivalents at beginning of period 3,970 8,319
Cash and cash equivalents at end of period 3,137 4,956
Supplemental disclosure of non-cash investing activities:    
Fixed assets vouchered but not paid 67 170
Fixed assets acquired by capital lease 0 62
Supplemental disclosure of cash paid during period for:    
Income taxes $ 0 $ 52