Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements Of Cash Flows

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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows from Operating Activities:    
Net loss $ (14,821) $ (9,248)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Depreciation and amortization 529 439
Loss on disposal of property, plant, and equipment, net (1)  
Provision for bad debts 796 270
Provision for inventory excess and obsolescence 261 1,000
Amortization of discounts on lines of credit 200 79
Amortization of debt issuance costs 128 152
Stock-based compensation 887 1,239
Other equity instruments compensation   64
Other non-cash compensation 123 187
Deferred income taxes 45 (61)
Changes in operating assets and liabilities:    
Accounts receivable 1,065 608
Inventory (682) (1,671)
Prepaid expenses and other assets (19) 59
Customer deposits (174) (408)
Accounts payable and accrued liabilities 2,423 240
Deferred revenue (1,034) (43)
Net cash and cash equivalents used in operating activities (10,274) (7,094)
Cash Flows from Investing Activities:    
Additions to property, plant, and equipment (194) (464)
Proceeds from disposal of property, plant, and equipment 1  
Purchases of other intangible assets   (10)
Net cash and cash equivalents used in investing activities (193) (474)
Cash Flows from Financing Activities:    
Borrowings under lines of credit 16,875 27,300
Payments under lines of credit (21,508) (23,403)
Payments of debt issue costs (45) (34)
Proceeds from equity offering, net of expenses 16,302 4,592
Proceeds from exercise of stock options and warrants 310 707
Net cash and cash equivalents provided by financing activities 11,934 9,162
Effect of exchange rate changes (148) 14
Change in cash and cash equivalents 1,319 1,608
Cash and cash equivalents, beginning of period 1,440 2,543
Cash and cash equivalents, end of period 2,759 4,151
Supplemental cash flow disclosure:    
Interest paid 143 165
Income taxes paid $ 45 $ 51