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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Operating activities:    
Net loss $ (3,006) $ (2,081)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 315 322
(Loss) on disposal of fixed asset 15  
Amortization of debt discount 30  
Share-based compensation 242 204
Changes in assets and liabilities related to operations:    
Trade accounts receivable (141) 286
Inventories (312) (857)
Prepaid expenses and other assets 6 (104)
Accounts payable 170 518
Deferred Revenue 567  
Accrued expenses (662) 370
Net cash used in operating activities (2,776) (1,342)
Investing activities:    
Acquisition of equipment and leasehold improvements (740) (160)
Net cash used in investing activities (740) (160)
Financing activities:    
Principal payment on capital leases (218) (169)
Proceeds from line of credit, bank 1,500 1,200
Payments to the line of credit, bank (1,000) (1,500)
Proceeds from related party convertible loan 2,000  
Proceeds from Beachcorp term loan   500
Proceeds from line of credit, Beachcorp LLC 9,486 970
Payments to line of credit, Beachcorp LLC (10,094) (138)
Proceeds from sale of common stock 1,677  
Proceeds from exercise of stock options 14 29
Net cash provided by financing activities 3,365 892
(Decrease) Increase in cash and cash equivalents (151) (610)
Cash and cash equivalents at beginning of period 1,345 1,955
Cash and cash equivalents at end of period 1,194 1,345
Supplemental cash flow information:    
Interest paid 173 51
Supplemental non-cash investing and financing activities:    
Accounts payable incurred for the purchase of equipment and leasehold improvements 22 52
Capital lease obligations incurred in the purchase of equipment   $ 334
Stock conversion rights related to convertible loan $ 1,200