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Condensed Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Cash flows from operating activities:    
Net loss $ (440,000) $ (615,000)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 61,000 61,000
Amortization of debt issuance costs 82,000 98,000
Allowance for doubtful accounts (2,000) 3,000
Provision for slow moving and obsolete inventory 63,000 14,000
Share-based payment expense 4,000 8,000
Director fee paid with restricted stock 5,000 3,000
Changes in:    
Accounts receivable (38,000) (202,000)
Inventory 66,000 209,000
Prepaid expenses and other current assets 11,000 51,000
Accounts payable 247,000 85,000
Accrued expenses and other current liabilities 78,000 114,000
Wages payable (142,000) 0
Net cash used in operating activities (5,000) (171,000)
Cash flows from investing activities:    
Patent application costs 0 (21,000)
Net cash used in investing activities 0 (21,000)
Cash flows from financing activities:    
Proceeds from debt financing 62,000 150,000
Payments on debt financing (85,000) (84,000)
Proceeds from lines of credit 2,876,000 3,194,000
Payments on lines of credit (2,946,000) (3,045,000)
Net cash (used in) / provided by financing activities (93,000) 215,000
Net change in cash and cash equivalents (98,000) 23,000
Cash and cash equivalents - beginning of period 113,000 36,000
Cash and cash equivalents - end of period 15,000 59,000
Supplemental disclosures of cash flow information    
Consulting expense prepaid with restricted stock 0 24,000
Debt issuance cost paid with restricted stock 14,000 18,000
Director Fee paid with restricted stock 5,000 3,000
Patent application costs 0 21,000
Cash paid during period for interest 117,000 118,000
Cash paid during period for taxes $ 2,000 $ 2,000