Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows (Unaudited)

v3.8.0.1
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities:    
Net loss $ (13,009) $ (10,944)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 887 776
Provision (recovery) for bad debts, net 54 (72)
Provision for inventory excess and obsolescence 348  
Stock-based compensation 1,604 2,468
Deferred income taxes 45 45
Earned interest income, net (29) (52)
Changes in operating assets and liabilities:    
Restricted cash   (51)
Accounts receivable 52 (863)
Inventory (914) (1,359)
Prepaid expenses and other current assets 495 688
Customer deposits (32) (7)
Accounts payable and accrued liabilities (3,202) 2,120
Deferred revenue (455) (202)
Net cash and cash equivalents used in operating activities (14,156) (7,453)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (825) (1,055)
Net cash and cash equivalents used in investing activities (825) (1,055)
Cash Flows from Financing Activities:    
Principal payments under capital lease obligation (128) (143)
Proceeds from equity offering, net of expenses 10,395 9,541
Proceeds from exercise of stock options 3 1
Net cash and cash equivalents provided by financing activities 10,270 9,399
Effect of exchange rate changes 241 60
(Decrease) increase in cash and cash equivalents (4,470) 951
Cash and cash equivalents, beginning of period 8,924 11,699
Cash and cash equivalents, end of period 4,454 12,650
Supplemental cash flow disclosure - Cash Paid:    
Interest paid 1 3
Income taxes paid 166 66
Supplemental cash flow disclosure - Non-cash:    
Accrued capital expenditures and tenant improvement allowance $ 60 $ 114