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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
PLN in Thousands, $ in Thousands
6 Months Ended
Jun. 30, 2016
PLN
Jun. 30, 2015
PLN
Cash flows from operating activities:    
Net loss PLN (824) PLN (327)
Adjustments to reconcile net loss to net cash used in operating activities    
Depreciation and amortization 101 65
Amortization of debt discount and debt issuance costs 219 0
Amortization of debt discount from warrants issued on secured promissoy notes due to default 51
Deferred income taxes   (139)
Changes in assets and liabilities:    
Accounts receivable, net 42 348
Inventories, net (827) (240)
Prepaid expenses and other current assets 57 71
Accounts payable and accrued liabilities 439 (139)
Net cash used in operating activities (742) (360)
Cash flows from investing activities:    
Purchases of equipment (3) (6)
Increase in other assets (104)
Net cash used in investing activities (107) (6)
Cash flows from financing activities:    
Net advances (repayments) on lines of credit and long-term debt 406 (1,008)
Repayment of notes due to employees (50)
Proceeds from sale of common stock, net of issuance costs of $28 1,496
Net advances (repayments) from related party advances 13 (15)
Net cash provided by financing activities 369 473
Effect of exchange rates on cash 38 (90)
Net increase (decrease) in cash (442) 17
Supplemental disclosure of cash flow information:    
Cash paid for interest 89 102
Cash paid for income taxes 8 52
Supplemental schedule of non-cash financing activity:    
Conversion of preferred stock to common stock 525
Settlement of liabilities through issuance of common stock 210
Reclassification of warrant liability to additional paid in capital 90
Issuance of warrants on secured promissory notes classified as additional paid-in capital and debt discount PLN 192