XML 15 R5.htm IDEA: XBRL DOCUMENT v3.4.0.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net loss $ (2,771) $ (3,029)
Adjustments to reconcile net loss to cash used in operating activities:    
Depreciation and amortization 118 224
Stock-based compensation expense 413 180
Loss (gain) on change in fair value of liability-classified warrants (796) 529
Gain on foreign currency transactions (391) (589)
Other 44 (22)
Changes in operating assets and liabilities:    
Accounts receivable (1,151) (1,617)
Inventories 1,060 (27)
Prepaid expenses and other assets (161) (17)
Accounts payable, accrued expenses and other current liabilities 1,753 658
Income taxes 5 723
Net cash used in operating activities (1,877) (2,987)
Cash flows from investing activities:    
Purchases of property and equipment (109) (131)
Net cash used in investing activities (109) (131)
Cash flows from financing activities:    
Net borrowings under demand line of credit 596 264
Proceeds from exercise of warrants 10  
Net cash provided by financing activities 606 264
Effect of exchange rates on cash 18 (116)
Net change in cash (1,362) (2,970)
Cash at beginning of period 2,958 7,220
Cash at end of period $ 1,596 $ 4,250