v3.19.2
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash Flows from Operating Activities:    
Net loss $ (8,799) $ (9,932)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 529 509
Provision for bad debts 111 230
Provision for inventory excess and obsolescence   59
Amortization of discounts on lines of credit 109 17
Amortization of debt issuance costs 86 25
Stock-based compensation 1,204 1,258
Deferred income taxes (5) 2
Earned interest income   (1)
Changes in operating assets and liabilities:    
Accounts receivable 1,263 (504)
Inventory (86) (1,769)
Prepaid expenses and other current assets 644 105
Accounts payable and accrued liabilities (1,720) 2,074
Deferred revenue 37 (418)
Net cash and cash equivalents used in operating activities (6,627) (8,345)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (125) (110)
Net cash and cash equivalents used in investing activities (125) (110)
Cash Flows from Financing Activities:    
Principal payments under capital lease obligation   (46)
Borrowings under line of credit   1,823
Payments under line of credit   (1,823)
Borrowings under term loan 2,500  
Payments of debt issuance costs (38) (87)
Payments of equity offering costs   (138)
Proceeds from exercise of stock options 4 2
Net cash and cash equivalents provided by (used in) financing activities 2,466 (269)
Effect of exchange rate changes (38) (26)
Decrease in cash, cash equivalents and restricted cash (4,324) (8,750)
Cash, cash equivalents and restricted cash, beginning of period 8,356 11,896
Cash, cash equivalents and restricted cash, end of period 4,032 3,146
Supplemental cash flow disclosure:    
Cash paid for interest 831  
Cash paid for income taxes 12 $ 15
Cash paid for operating leases 414  
Non-cash accrual for capital expenditures 17  
Non-cash right-of-use assets obtained in exchange for lease obligation 824  
Warrants issued in connection with debt instruments $ 209  

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