Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows (Unaudited)

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Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities:    
Net loss $ (5,021) $ (4,108)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 264 290
Provision for bad debts, net 200 10
Provision for inventory excess and obsolescence   225
Amortization of discounts on lines of credit 4  
Amortization of debt issuance costs 7  
Stock-based compensation 701 379
Deferred income taxes 2 15
Earned interest income, net (1) (9)
Changes in operating assets and liabilities:    
Accounts receivable 186 564
Inventory (1,103) (1,395)
Prepaid expenses and other current assets (34) 146
Customer deposits 14 (7)
Accounts payable and accrued liabilities 460 (885)
Deferred revenue (441) (347)
Net cash and cash equivalents used in operating activities (4,762) (5,122)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (102) (208)
Net cash and cash equivalents used in investing activities (102) (208)
Cash Flows from Financing Activities:    
Principal payments under capital lease obligation (46) (43)
Borrowings under lines of credit 1,823  
Payments of debt issue costs (74)  
Payments of equity offering costs (81)  
Proceeds from exercise of stock options 2  
Net cash and cash equivalents provided by (used in) financing activities 1,624 (43)
Effect of exchange rate changes 74 25
Decrease in cash, cash equivalents and restricted cash (3,166) (5,348)
Cash, cash equivalents and restricted cash, beginning of period 11,896 9,175
Cash, cash equivalents and restricted cash, end of period 8,730 3,827
Supplemental cash flow disclosure - Cash Paid:    
Interest paid   1
Income taxes paid 24 7
Supplemental cash flow disclosure - Non-cash:    
Accrued capital expenditures and tenant improvement allowance $ 4 $ 174