Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows (Unaudited)

v3.7.0.1
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities:    
Net loss $ (4,108) $ (4,265)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 290 212
Provision (recovery) for bad debts, net 10 (15)
Provision for inventory excess and obsolescence 225  
Stock-based compensation 379 834
Deferred income taxes 15 15
Earned interest income, net (9) (16)
Changes in operating assets and liabilities:    
Accounts receivable 564 (1,126)
Inventory (1,395) (1)
Prepaid expenses and other current assets 146 (31)
Customer deposits (7) 46
Accounts payable and accrued liabilities (885) (155)
Deferred revenue (347) (270)
Net cash and cash equivalents used in operating activities (5,122) (4,772)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (208) (343)
Net cash and cash equivalents used in investing activities (208) (343)
Cash Flows from Financing Activities:    
Principal payments under capital lease obligation (43) (43)
Net cash and cash equivalents used in financing activities (43) (43)
Effect of exchange rate changes 25 86
Decrease in cash and cash equivalents (5,348) (5,072)
Cash and cash equivalents, beginning of period 8,924 11,699
Cash and cash equivalents, end of period 3,576 6,627
Supplemental cash flow disclosure - Cash Paid:    
Interest paid 1 1
Income taxes paid 7 33
Supplemental cash flow disclosure - Non-cash:    
Accrued capital expenditures and tenant improvement allowance $ 174 $ 70