| Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||
Net loss | |||||||||
-27,271 | -7,540 | -2,835 | -1,243 | 261 | -597 | -2,500 | -2,488 | -3,568 | -1,527 |
Less: loss from discontinued operations | |||||||||
-5,153 | - | - | - | - | - | - | - | - | - |
Loss from continuing operations | |||||||||
-22,118 | -7,540 | - | - | - | - | - | - | - | - |
Adjustments to reconcile net loss to net cash used in operating activities: | |||||||||
Depreciation and amortization | |||||||||
541 | 75 | - | - | - | - | - | - | - | - |
Accretion of debt discount | |||||||||
-800 | -368 | - | - | - | - | - | - | - | - |
Impairment of goodwill and intangibles | |||||||||
10,396 | - | - | - | - | - | - | - | - | - |
Depreciation | |||||||||
- | - | 86 | 92 | 146 | 263 | 276 | 172 | 281 | 336 |
Impairment of intangible assets | |||||||||
- | - | - | - | - | - | - | - | - | 504 |
Provision for bad debts | |||||||||
- | - | - | - | -65 | - | 242 | -100 | -393 | 160 |
Loss on disposal of fixed assets | |||||||||
-24 | -4 | - | - | -33 | -49 | -64 | -12 | -66 | - |
Provision for (recovery of) bad debts | |||||||||
64 | -9 | 18 | - | - | 34 | - | - | - | - |
Provision for obsolete inventory | |||||||||
- | - | - | - | - | - | 171 | 7 | -12 | -49 |
Stock-based compensation | |||||||||
430 | 2,938 | 288 | 218 | 86 | 109 | 231 | 195 | 129 | 61 |
Loss on debt conversion | |||||||||
-1,227 | - | - | - | - | - | - | - | - | - |
Provision for obsolete inventory | |||||||||
315 | - | -192 | -63 | 255 | -194 | - | - | - | - |
Loss on sale of investment securities | |||||||||
-121 | - | - | - | - | - | - | - | - | - |
(Increase) decrease in: | |||||||||
Trade accounts receivable | |||||||||
-5,610 | 842 | -1,766 | -6,353 | 3,723 | 1,643 | 1,879 | -3,729 | -30,068 | 19,347 |
Other accounts receivable | |||||||||
-182 | 3,361 | -34 | 26 | -93 | 68 | 19 | -532 | -396 | -3,206 |
Accounts receivable related parties | |||||||||
- | 514 | - | - | - | - | - | - | - | - |
Inventory | |||||||||
1,063 | -619 | -2,758 | 694 | 3,668 | -1,156 | 1,362 | 557 | -1,747 | -1,001 |
Prepaid assets | |||||||||
34 | -35 | -355 | -753 | -657 | 1,914 | -964 | 1,889 | 227 | 125 |
Other assets | |||||||||
- | -299 | 255 | 98 | -148 | -50 | 160 | 1 | -30 | -18 |
(Decrease) increase in: | |||||||||
Accounts payable | |||||||||
-6,826 | 2,460 | -559 | 27 | 3,210 | -353 | -992 | -1,690 | -5,423 | -1,363 |
Accrued expenses | |||||||||
705 | 1,276 | -746 | -461 | -376 | -606 | -933 | 1,493 | -2,531 | -1,572 |
Net cash used in continuing operating activities | |||||||||
-9,626 | -4,192 | 718 | 4,858 | -2,943 | - | - | -585 | 20,563 | -18,697 |
Net cash provided by (used in) discontinued operating activities | |||||||||
2,205 | - | - | - | - | - | - | 710 | -554 | 1,799 |
Net cash used in operating activities | |||||||||
-7,421 | -4,192 | - | - | - | -3,714 | -5,897 | 125 | 20,009 | -16,898 |
Cash flows from investing activities: | |||||||||
Recovery of (purchase of) property and equipment | |||||||||
620 | -151 | - | - | - | - | - | - | - | - |
Purchase of property and equipment | |||||||||
- | - | 62 | 111 | 116 | 145 | 396 | 201 | 325 | 154 |
Purchase of intangibles | |||||||||
- | 2 | - | - | - | - | - | - | - | - |
Purchase of investment securities | |||||||||
355 | - | - | - | - | - | - | - | - | - |
Sale of investment securities | |||||||||
210 | - | - | - | - | - | - | - | - | - |
Cash acquired in reverse merger with Cooltech | |||||||||
-1,264 | - | - | - | - | - | - | - | - | - |
Acquisition of Cooltech Canada, net of cash acquired | |||||||||
-21 | - | - | - | - | - | - | - | - | - |
Acquisition of Unitron assets, net of cash acquired | |||||||||
1,432 | - | - | - | - | - | - | - | - | - |
Acquisition of Simply Mac, net of cash acquired | |||||||||
- | -1,072 | - | - | - | - | - | - | - | - |
Acquisition of OneClick License, net of cash acquired | |||||||||
- | 751 | - | - | - | - | - | - | - | - |
Borrowings on line of credit | |||||||||
- | - | 1,848 | 4,460 | 4,380 | - | - | - | - | - |
Decrease in restricted cash | |||||||||
- | - | - | - | - | -1,003 | 3 | 1,000 | - | - |
Cash provided by discontinued operations | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Net cash used in investing activities | |||||||||
-912 | 470 | - | - | - | 858 | -399 | -1,201 | -325 | -154 |
Cash flows from financing activities: | |||||||||
Borrowings on line of credit | |||||||||
- | - | - | - | - | - | - | - | -25,494 | 11,220 |
Repayments on line of credit | |||||||||
- | 500 | 1,848 | 7,185 | 1,655 | - | - | - | - | - |
Net cash provided by (used in) investing activities | |||||||||
- | - | -62 | -111 | -116 | - | - | - | - | -154 |
Proceeds from issuance of notes payable | |||||||||
7,490 | 1,502 | - | - | - | - | - | - | - | - |
Payment of notes payable | |||||||||
1,763 | 1,179 | - | - | - | - | - | - | - | - |
Non-controlling interest in subsidiary | |||||||||
- | 4 | - | - | - | - | - | - | - | - |
Sale of common stock, net of offering costs | |||||||||
5,335 | 4,641 | - | - | - | - | - | - | - | - |
Cash received from exercise of stock options | |||||||||
- | - | - | 27 | 137 | - | - | - | - | - |
Net cash provided by financing activities | |||||||||
- | - | - | -2,698 | 2,862 | - | - | - | - | - |
Effect of exchange rate changes on cash | |||||||||
- | - | -1,103 | -866 | -708 | - | - | - | - | - |
Cash paid for treasury stock | |||||||||
- | - | - | - | - | - | - | - | - | 483 |
Net cash provided by financing activities | |||||||||
11,062 | 4,468 | - | - | - | - | - | - | -25,494 | 10,737 |
Effect of exchange rate changes on cash | |||||||||
-790 | -128 | - | - | - | -5 | 104 | 14 | -124 | 18 |
Net increase (decrease) in cash and cash equivalents | |||||||||
1,939 | 618 | -447 | 1,183 | -905 | -2,861 | -6,192 | -1,062 | -5,934 | -6,297 |
Cash paid for interest | |||||||||
462 | 172 | 229 | 350 | 77 | - | - | 0 | 23 | 342 |
Cash paid for income taxes | |||||||||
2 | - | - | - | 50 | - | - | 0 | 0 | 0 |
Non-cash financing activities: | |||||||||
Conversion of account payable and accrued interest to note payable | |||||||||
1,439 | - | - | - | - | - | - | - | - | - |
Conversion of notes payable and accrued interest to equity | |||||||||
11,445 | - | - | - | - | - | - | - | - | - |
Conversion of accounts payable to equity | |||||||||
1,023 | - | - | - | - | - | - | - | - | - |
Offset of accounts receivable against notes payable | |||||||||
561 | - | - | - | - | - | - | - | - | - |
Application of other accounts receivable to Unitron Asset acquisition consideration | |||||||||
2,250 | - | - | - | - | - | - | - | - | - |