| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
Operations | |||||||||
Net income | |||||||||
2,780 | 657 | 1,838 | -4,005 | -2,252 | -4,523 | -2,659 | -2,311 | 1,013 | 10,741 |
Income from discontinued operations, net of tax | |||||||||
- | - | - | - | 78 | -3,888 | -1,938 | -689 | -587 | - |
Loss from continuing operations, net of tax | |||||||||
- | - | - | - | -2,330 | -635 | -720 | -1,621 | 1,600 | - |
Adjustments to reconcile net income to net cash provided by (used in) operations: | |||||||||
Depreciation and amortization | |||||||||
520 | 286 | 320 | 403 | 535 | 381 | 353 | 696 | 305 | 414 |
Bad debt expense | |||||||||
- | 1,241 | 166 | 78 | 0 | - | - | - | - | - |
Stock based compensation to employees, officers, and directors | |||||||||
- | - | 10 | - | - | - | - | - | - | - |
Forgiveness of interest from related party | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Loss on settlement of debt with related party | |||||||||
- | - | - | - | - | - | - | - | 4,360 | 0 |
Gain on marketable securities | |||||||||
- | - | - | - | - | - | - | 59 | 0 | - |
Stock based compensation to employees, officers, and directors | |||||||||
- | - | - | 101 | 36 | 148 | 0 | 26 | - | 35 |
Loss on Disposal of Equipment | |||||||||
- | 40 | -30 | -1,156 | 0 | - | - | - | - | - |
Stock issued as compensation for consulting services | |||||||||
- | - | - | - | - | - | - | 76 | - | - |
Changes in operating assets and liabilities: | |||||||||
Stock based compensation | |||||||||
- | - | - | - | - | - | - | - | -34 | - |
Amortization of debt discount | |||||||||
- | - | - | - | - | - | - | - | 102 | 0 |
Stock issued as compensation for consulting services | |||||||||
- | - | - | - | - | - | - | - | 300 | 0 |
Gain on sale of marketable securities | |||||||||
- | - | - | - | - | - | - | - | - | 17 |
Gain on sale of Stanford debt settlement | |||||||||
- | - | - | - | - | - | - | - | - | 10,548 |
Trade recivables | |||||||||
1,877 | -75 | 689 | 262 | -809 | 741 | -379 | -860 | 600 | 66 |
Trade receivables, related party | |||||||||
- | 39 | -1 | -128 | 134 | - | - | - | - | - |
Inventories | |||||||||
-1,464 | 1,167 | -786 | -181 | -1,578 | -372 | 677 | 1,215 | -689 | 1,889 |
Prepaid expenses | |||||||||
3 | -100 | 126 | -51 | 2 | -34 | -92 | 236 | 56 | -274 |
Note receivable | |||||||||
- | 22 | 666 | 0 | - | - | - | - | - | - |
Other assets | |||||||||
47 | -30 | -11 | -93 | 75 | -45 | 95 | 80 | 78 | 51 |
Accounts payable and accrued expenses | |||||||||
-492 | -163 | -731 | 3,260 | -964 | 78 | 2,987 | 297 | 2,320 | -233 |
Accounts payable, related party | |||||||||
-3,074 | -813 | -205 | -68 | 454 | - | - | - | - | - |
Operating leases | |||||||||
124 | - | - | - | - | - | - | - | - | - |
Customer deposits and other liabilities | |||||||||
62 | 25 | -499 | -737 | 226 | -1,267 | - | - | - | - |
Customer deposits and other liabilities | |||||||||
- | - | - | - | - | - | -267 | 780 | -964 | -848 |
Net cash used in operating activities of continuing operations | |||||||||
- | - | - | - | 133 | -1,582 | 2,051 | -475 | - | - |
Net cash provided by (used in) operations | |||||||||
-542 | 375 | 248 | 381 | - | - | - | - | 8,014 | -2,188 |
Investing | |||||||||
Proceeds from sale of property and equipment | |||||||||
- | - | - | 2,250 | 0 | - | - | - | - | - |
Purchase of property and equipment | |||||||||
102 | 125 | 376 | 1,179 | 437 | 155 | 486 | 938 | 534 | 190 |
Purchase of intangible assets | |||||||||
60 | 66 | - | - | - | - | - | - | - | - |
Acquisition of Echo Entities, net of cash acquired | |||||||||
5,876 | - | - | - | - | - | - | - | - | - |
Purchase of available-for-sale investments | |||||||||
- | - | - | - | - | - | - | 95 | 0 | - |
Proceeds from sales of available-for-sale investments | |||||||||
- | - | - | - | - | - | - | 154 | 7 | - |
Net cash used in investing activities of continuing operations | |||||||||
- | - | - | - | -437 | -155 | -486 | -878 | - | - |
Cash acquired in SBT acquisition | |||||||||
- | - | - | - | - | - | - | - | -456 | 0 |
Proceeds from sales of available-for-sale investments | |||||||||
- | - | - | - | - | - | - | - | - | 54 |
Net cash used in investing | |||||||||
-6,039 | -191 | -376 | 1,070 | - | - | - | - | -70 | -135 |
Financing | |||||||||
Net cash used in financing activities of continuing operations | |||||||||
- | - | - | - | -143 | -212 | -1,385 | -373 | - | - |
Short-term financing, line of credit | |||||||||
150 | - | - | - | - | - | - | - | 0 | - |
Financing for the acquisition of the Echo Entities | |||||||||
6,925 | - | - | - | - | - | - | - | - | - |
Financing to pay off accounts payable, related party | |||||||||
3,074 | - | - | - | - | - | - | - | - | - |
Payments on short-term financing, line of credit | |||||||||
150 | - | - | - | - | 80 | - | 2,999 | 0 | - |
Proceeds from line of credit with related party | |||||||||
- | - | - | - | - | - | - | 3,583 | - | - |
Payments on notes payable, related party | |||||||||
360 | - | - | - | - | - | 1,200 | 0 | - | - |
Payments on notes payable | |||||||||
- | - | - | 1,589 | 131 | 122 | 146 | 932 | 1,236 | - |
Payments on line of credit and note payable | |||||||||
- | - | - | - | - | - | - | - | - | 965 |
Borrowings on note payable | |||||||||
- | - | - | - | - | - | - | - | - | 1,270 |
Payments on long term debt | |||||||||
- | - | - | - | - | - | - | - | - | 471 |
Borrowings on long term debt | |||||||||
- | - | - | - | - | - | - | - | - | 1,372 |
Repayment of note payable in conjunction with legal settlement | |||||||||
- | - | - | - | - | - | - | - | - | 97 |
Proceeds from issuance of common stock and convertible debt in connection with private placement | |||||||||
- | - | - | - | - | - | - | - | - | 500 |
Payments on capital leases | |||||||||
- | 2 | 11 | 12 | 12 | 10 | 38 | 23 | 26 | 0 |
Net cash used in financing | |||||||||
9,639 | -2 | -11 | -1,601 | - | - | - | - | -1,262 | 1,607 |
Net change in cash and cash equivalents | |||||||||
3,056 | 181 | - | - | - | - | - | - | - | - |
Cash Flows from Discontinued Operations: | |||||||||
- | - | - | -190 | - | - | - | - | - | - |
Net cash provided by operating activities of discontinued operations | |||||||||
- | - | - | - | 14 | 1,497 | -601 | 661 | -1,436 | - |
Net change in cash and cash equivalents | |||||||||
- | - | -139 | -340 | -431 | -453 | -422 | -1,065 | 5,244 | -716 |
Supplemental disclosures: | |||||||||
Cash paid during the period for: | |||||||||
Cash paid during the period for: interest | |||||||||
390 | 149 | 199 | 364 | - | - | - | - | - | - |
Cash paid during the period for: income taxes | |||||||||
43 | 56 | 45 | - | - | - | - | - | - | - |
Cash paid during the period for: Interest | |||||||||
- | - | - | - | 266 | 295 | 193 | 269 | 374 | 417 |
Cash paid during the period for: Income taxes | |||||||||
- | - | - | 47 | 70 | 102 | 119 | 0 | 0 | 0 |
Non-cash activities: | |||||||||
Stock issued to Elemetal for settlement of payable | |||||||||
- | - | - | 3,500 | 0 | - | - | - | - | - |
Stock issued to NTR for settlement of debt | |||||||||
- | - | - | 2,438 | 0 | - | - | - | - | - |
Transfer of inventory from discontinued operations | |||||||||
- | - | - | - | - | 1,524 | 0 | - | - | - |
Transfer of equipment from discontinued operations | |||||||||
- | - | - | - | - | 83 | 0 | - | - | - |
Stock issued in connection with Stanford debt settlement | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Stock issued upon conversion of convertible debt | |||||||||
- | - | - | - | - | - | - | - | 250 | 0 |
Stock issued to NTR for debt forgiveness | |||||||||
- | - | - | - | - | - | - | - | 3,720 | 0 |
Stock issued for SBT acquisition | |||||||||
- | - | - | - | - | - | - | - | 5,436 | - |
Stock issued for SBT acquisition | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Equipment purchased with capital lease | |||||||||
- | - | - | - | - | - | 58 | 0 | 78 | 0 |
Transfer of fixed assets to intangible assets | |||||||||
- | 204 | - | - | - | - | - | - | - | - |
Stock issued for debt settlement with related party | |||||||||
- | - | - | - | - | - | - | - | 5,140 | - |
Stock issued for debt settlement with related party | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Cashless exercise of options by L.S. Smith | |||||||||
- | - | - | - | - | - | - | - | 9 | 0 |