Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash Flows From Operating Activities:    
Net loss $ (9,248) $ (4,097)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 439 373
Provision for bad debts 270 193
Provision for inventory excess and obsolescence 1,000  
Amortization of discounts on lines of credit 79 25
Amortization of debt issuance costs 152 53
Stock-based compensation 1,239 1,280
Other equity instruments compensation 64 23
Other non-cash compensation 187 187
Deferred income taxes (61)  
Changes in operating assets and liabilities:    
Accounts receivable 608 (1,603)
Inventory (1,671) 112
Prepaid expenses and other assets 59 599
Customer deposits (408) 87
Accounts payable and accrued liabilities 240 (1,593)
Deferred revenue (43) 834
Net cash and cash equivalents used in operating activities (7,094) (3,527)
Cash Flows From Investing Activities:    
Additions to property, plant, and equipment (464) (715)
Proceeds from disposal of long-lived assets   124
Purchased other intangible assets (10)  
Net cash and cash equivalents used in investing activities (474) (591)
Cash Flows From Financing Activities:    
Borrowings under lines of credit 27,300 9,500
Payments under lines of credit (23,403) (7,311)
Payment of debt issuance costs (34) (304)
Payment of stock repurchase costs   (235)
Proceeds from equity offering, net of expenses 4,592  
Proceeds from exercise of stock options and warrants 707 461
Net cash and cash equivalents provided by financing activities 9,162 2,111
Effect of exchange rate changes 14 (5)
Change in cash and cash equivalents 1,608 (2,012)
Cash and cash equivalents, beginning of period 2,543 3,307
Cash and cash equivalents, end of period 4,151 1,295
Supplemental cash flow disclosures:    
Interest paid 165 45
Income taxes paid $ 51 $ 51