| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | |||||||||
Net (loss) earnings | |||||||||
-742 | -1,339 | -384 | -1,195 | -6,771 | -902 | -2,822 | -5,157 | -411 | 1,785 |
Adjustments to reconcile net earnings (loss) to cash used in operating activities: | |||||||||
Gain on building sale | |||||||||
7,175 | - | - | - | - | - | - | -55 | 0 | - |
Stock based compensation expense | |||||||||
619 | 493 | 386 | 209 | 216 | 245 | 272 | 258 | 231 | 90 |
Gain on equipment sale | |||||||||
20 | - | - | - | - | - | - | - | - | - |
Depreciation | |||||||||
171 | 312 | 321 | 440 | 490 | 460 | 453 | 505 | 391 | 352 |
Amortization | |||||||||
216 | 209 | 321 | 532 | 818 | 955 | 861 | 933 | 750 | 476 |
Issuance of stock from treasury | |||||||||
137 | 16 | - | - | - | - | - | - | - | - |
Issuance of stock for directors’ fees | |||||||||
87 | - | - | - | - | - | - | - | - | - |
Reversal of provision for inventory reserves | |||||||||
- | - | -49 | 128 | 2,053 | 474 | 285 | 1,422 | 275 | 620 |
Recovery of bad debt expense | |||||||||
- | -65 | - | - | 65 | -20 | 0 | 23 | 30 | 15 |
Deferred income taxes | |||||||||
- | -104 | -35 | 10 | - | - | - | - | - | - |
Amortization of deferred loan costs | |||||||||
154 | 144 | 144 | 0 | - | - | - | - | - | - |
Non cash interest expense | |||||||||
-146 | -48 | -248 | -53 | - | - | - | - | - | - |
Recovery of bad debt expense | |||||||||
-26 | - | - | - | - | - | - | - | - | - |
Non cash interest expense | |||||||||
1 | 37 | 9 | -63 | - | - | - | - | - | - |
Amortization of right of use assets | |||||||||
-722 | - | - | - | - | - | - | - | - | - |
Non cash pension income | |||||||||
- | - | - | - | 20 | - | - | - | - | - |
Non cash pension expense | |||||||||
- | - | - | - | - | -11 | -79 | 157 | -105 | -89 |
Deferred income taxes | |||||||||
- | - | - | - | -34 | -32 | -33 | -2,311 | 0 | - |
Non cash interest expense | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Equity based directors' fees and other non cash compensation | |||||||||
- | - | 51 | 261 | - | - | - | - | - | - |
Equity based directors fees | |||||||||
- | - | - | - | 0 | - | - | - | - | - |
Change in derivative liability | |||||||||
- | - | -142 | -83 | 0 | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Accounts receivable | |||||||||
-175 | 33 | 348 | -159 | 72 | -836 | -220 | -1,543 | 838 | -367 |
Inventories | |||||||||
1,761 | 312 | 242 | -856 | -1,793 | 269 | -2,542 | -940 | -359 | 599 |
Prepaid and other current assets | |||||||||
-31 | 503 | 76 | -2 | -374 | 193 | -265 | 294 | -30 | -161 |
Lease liability | |||||||||
570 | - | - | - | - | - | - | - | - | - |
Other assets | |||||||||
999 | -302 | 21 | 311 | 89 | -131 | -66 | 29 | 19 | -58 |
Income taxes payable | |||||||||
-2 | 6 | 7 | 9 | -18 | 0 | - | 24 | 0 | - |
Accounts payable, accrued compensation and other accrued expenses | |||||||||
2,298 | 1,376 | -711 | -402 | 329 | -123 | -235 | 949 | -454 | -165 |
Net cash used in operating activities | |||||||||
-6,538 | 587 | -237 | - | - | - | - | - | 239 | 3,071 |
Net cash (used in) provided by operating activities | |||||||||
- | - | - | 771 | -798 | 1,615 | 1,861 | 3,640 | - | - |
Cash Flows From Investing Activities: | |||||||||
Proceeds on sale of fixed assets | |||||||||
- | - | - | - | - | - | - | 130 | 0 | - |
Purchases of property and equipment | |||||||||
263 | 81 | 138 | 37 | 188 | 673 | 154 | 102 | 200 | 117 |
Proceeds on sale of building | |||||||||
9,765 | - | - | - | - | - | - | - | - | - |
Proceeds on sale of vehicles | |||||||||
25 | - | - | - | - | - | - | - | - | - |
Acquisition of licenses | |||||||||
53 | 20 | 62 | 19 | 453 | 554 | 847 | 576 | 672 | 1,023 |
Net cash (used in) provided by investing activities | |||||||||
9,474 | -101 | -200 | - | - | - | - | - | -872 | -1,140 |
Acquisition of R.L. Drake assets | |||||||||
- | - | - | - | - | - | - | 7,020 | 0 | - |
Net cash used in investing activities | |||||||||
- | - | - | -56 | -641 | -1,227 | -1,001 | -7,568 | - | - |
Cash Flows From Financing Activities: | |||||||||
Net proceeds (repayments) of line of credit | |||||||||
2,705 | 116 | 367 | -544 | 1,395 | -6 | -969 | 2,244 | - | - |
Repayment of former line of credit | |||||||||
2,603 | - | - | - | - | - | - | - | - | - |
Borrowings of debt | |||||||||
- | - | - | - | 0 | 0 | - | - | - | - |
Borrowings of debt | |||||||||
- | - | - | 3,500 | - | - | - | - | - | - |
Borrowings from related parties | |||||||||
- | - | - | 400 | 100 | - | - | - | - | - |
Repayments of long-term debt | |||||||||
3,032 | 251 | 230 | 3,612 | 279 | 270 | 277 | 265 | 259 | 22,169 |
Proceeds from exercise of stock options | |||||||||
7 | 40 | - | - | - | 41 | 0 | - | 26 | 5 |
Proceeds from sale of common stock | |||||||||
- | - | - | - | - | 12 | 0 | - | - | - |
Borrowings of debt | |||||||||
- | - | - | - | - | - | - | 1,551 | 0 | 21,936 |
Net cash provided by (used in) financing activities | |||||||||
- | - | - | -256 | 1,216 | -223 | -1,246 | 3,530 | - | - |
Net cash provided by (used in) financing activities | |||||||||
-2,923 | -95 | 137 | - | - | - | - | - | -233 | -228 |
Net (decrease) increase in cash | |||||||||
13 | 391 | -300 | 459 | -223 | 165 | -386 | -398 | -866 | 1,703 |
Supplemental Cash Flow Information: | |||||||||
Cash paid for interest | |||||||||
122 | 369 | 300 | - | - | - | - | - | - | - |
Cash paid for interest | |||||||||
- | - | - | 375 | 297 | 249 | 264 | 321 | 183 | 199 |
Cash paid for income taxes | |||||||||
- | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Non cash investing and financing activities: | |||||||||
Capital expenditures financed by notes payable | |||||||||
5 | 15 | 10 | 61 | - | - | - | - | - | - |
Conversion of subordinated convertible debt to common stock | |||||||||
141 | 522 | - | - | - | - | - | - | - | - |
Cashless exercise of stock options | |||||||||
- | 24 | - | - | - | - | - | - | - | - |
Right of uses assets obtained by lease obligations | |||||||||
3,917 | - | - | - | - | - | - | - | - | - |
Capital expenditures financed by notes payable | |||||||||
- | - | - | - | 0 | - | - | 75 | 0 | - |