Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows (Unaudited)

v3.4.0.3
Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from Operating Activities:    
Net loss $ (4,265) $ (5,436)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 212 158
Provision (recovery) for bad debts, net (15) 53
Stock-based compensation 834 700
Deferred income taxes 15 15
Earned interest income, net (16)  
Changes in operating assets and liabilities:    
Restricted cash   (200)
Accounts receivable (1,126) (860)
Inventory (1) (664)
Prepaid expenses and other current assets (31) (677)
Customer deposits 46 64
Accounts payable and accrued liabilities (155) (1,090)
Deferred revenue (270) 535
Net cash and cash equivalents used in operating activities (4,772) (7,402)
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (343) (228)
Net cash and cash equivalents used in investing activities (343) (228)
Cash Flows from Financing Activities:    
Principal payments under capital lease obligation (43)  
Deposit on capital lease   (42)
Proceeds from exercise of stock options and warrants   44
Net cash and cash equivalents provided by financing activities (43) 2
Effect of exchange rate changes 86 (193)
Decrease in cash and cash equivalents (5,072) (7,821)
Cash and cash equivalents, beginning of period 11,699 31,560
Cash and cash equivalents, end of period 6,627 23,739
Supplemental cash flow disclosure - Cash Paid:    
Interest paid 1  
Income taxes paid 33 37
Supplemental cash flow disclosure - Non-cash:    
Assets acquired under capital lease   383
Accrued capital expenditures and tenant improvement allowance $ 70 $ 21