XML 23 R5.htm IDEA: XBRL DOCUMENT v2.4.0.6
Statements of Cash Flows (USD $)
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net loss $ (206,000) $ (425,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 30,000 69,000
Amortization of debt issuance costs 12,000 12,000
Provision for bad debts 0 (15,000)
Provision for slow moving and obsolete inventory 24,000 (6,000)
Share-based payment expense 6,000 12,000
Changes in:    
Accounts receivable (57,000) (131,000)
Inventory (98,000) 221,000
Prepaid expenses and other current assets (35,000) (25,000)
Accounts payable 244,000 266,000
Accrued expenses and other current liabilities (35,000) (68,000)
Wages payable (41,000) 24,000
Other liabilities 1,000 0
Net cash used in operating activities (155,000) (66,000)
Cash flows from investing activities:    
Purchase of property, plant and equipment (1,000) (2,000)
Patent application costs (20,000) 0
Net cash used in investing activities (21,000) (2,000)
Cash flows from financing activities:    
Payments on debt financing (32,000) (45,000)
Net proceeds from line of credit 121,000 159,000
Net cash provided by financing activities 89,000 114,000
Net increase / (decrease) in cash and cash equivalents (87,000) 46,000
Cash and cash equivalents - beginning of period 93,000 37,000
Cash and cash equivalents - end of period 6,000 83,000
Supplemental disclosures of cash flow information    
Cash paid during period for interest $ 65,000 $ 69,000