| 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 of assets acquired) | |||||||||
Net loss | |||||||||
-5,812 | -3,870 | -6,370 | -9,952 | -11,575 | -7,499 | -2,592 | -4,040 | -12,611 | -13,192 |
Adjustments to reconcile net loss to cash used in operating activities: | |||||||||
Change in fair value of investments | |||||||||
- | - | - | - | - | - | - | - | - | 338 |
Bad debt expense | |||||||||
31 | 115 | 117 | 326 | 853 | 482 | 432 | 275 | 65 | 0 |
Inventory reserve | |||||||||
- | - | - | - | - | - | - | - | - | 621 |
Stock-based compensation expense | |||||||||
2,163 | 2,437 | 1,658 | 1,609 | 1,334 | 1,118 | 1,154 | 1,188 | 1,558 | 2,157 |
Depreciation and amortization | |||||||||
1,561 | 1,132 | 685 | 718 | 2,216 | 2,171 | 2,186 | 2,367 | 2,435 | 533 |
Inventory reserve | |||||||||
321 | 313 | 205 | 186 | 122 | 2,066 | 134 | 30 | - | - |
Change in contingent consideration | |||||||||
169 | 94 | - | 0 | - | - | - | - | - | - |
Loss on settlement of finance receivable | |||||||||
- | - | - | - | 441 | - | - | - | - | - |
Loss on settlement of finance receivable | |||||||||
- | - | - | - | - | 0 | - | - | - | - |
Deferred income taxes | |||||||||
- | - | - | - | - | -63 | - | - | - | - |
Deferred rent expense | |||||||||
- | - | - | - | - | - | - | 128 | 188 | -22 |
Deferred income taxes | |||||||||
- | - | - | - | - | - | 662 | 390 | 0 | 0 |
Proceeds from sale of New Jersey net operating loss carryforward | |||||||||
- | - | - | - | 63 | 662 | 390 | - | - | - |
Other non-cash items | |||||||||
-85 | 69 | -2 | -106 | -18 | 13 | -16 | - | - | - |
Issuance of warrants to customer | |||||||||
- | - | - | - | - | - | - | 137 | 0 | 0 |
Changes in: | |||||||||
Restricted cash | |||||||||
- | - | - | 1 | 3 | 0 | - | - | - | - |
Restricted cash | |||||||||
- | - | - | - | - | - | 0 | 300 | 0 | -230 |
Accounts receivable | |||||||||
554 | -1,597 | -1,174 | -3,350 | 6,293 | 1,186 | 1,299 | 1,240 | 611 | -5,217 |
Proceeds from settlement of finance receivable | |||||||||
- | - | - | - | -5,371 | - | - | - | - | - |
Financing receivables | |||||||||
-562 | -1,344 | -832 | -943 | -2,535 | 354 | 8,639 | 4,126 | -199 | - |
Note and lease receivable | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Inventory | |||||||||
384 | -87 | -3,027 | 1,086 | 1,218 | -290 | -468 | 849 | -2,428 | 1,815 |
Prepaid expenses and other assets | |||||||||
-401 | 138 | 1,120 | 437 | 860 | -119 | -1,149 | 963 | -149 | - |
Deferred costs | |||||||||
471 | -1,790 | 3,758 | - | - | - | - | - | - | - |
Deferred revenue | |||||||||
-361 | 186 | 2,939 | - | - | - | - | - | - | - |
Prepaid expenses and other assets | |||||||||
- | - | - | - | - | - | - | - | - | 200 |
Prepaid expenses and other assets | |||||||||
- | - | - | - | - | - | - | - | - | 200 |
Deferred costs | |||||||||
- | - | - | 1,166 | 491 | -58 | 1,165 | -271 | 3,442 | - |
Deferred revenue | |||||||||
- | - | - | -347 | 3,492 | 621 | 3,136 | 622 | 4,454 | 307 |
Accounts payable and accrued expenses | |||||||||
587 | -1,099 | -1,874 | -1,151 | 3,694 | 385 | -3,844 | 293 | 1,593 | -369 |
Net cash used in operating activities | |||||||||
-1,702 | 3,919 | -2,483 | - | - | - | - | - | -3,595 | -6,871 |
Net cash provided by (used in) operating activities | |||||||||
- | - | - | -6,902 | -301 | -1,143 | -9,136 | -6,597 | - | - |
Cash flows from investing activities: | |||||||||
Acquisitions | |||||||||
- | 7,373 | - | 0 | - | - | - | - | 15,000 | 518 |
Capital expenditures | |||||||||
251 | 386 | 505 | 2,182 | 410 | 538 | 326 | 434 | 1,459 | 358 |
Purchase of investments | |||||||||
3,235 | 11,083 | 956 | 2,754 | 5,357 | - | - | - | - | - |
Purchase of investments | |||||||||
- | - | - | - | - | 3,841 | 5,478 | 7,196 | 15,330 | 59,408 |
Proceeds from the sale and maturities of investments | |||||||||
10,082 | 1,113 | 932 | 8,434 | 5,187 | 10,427 | 8,399 | 4,434 | 42,107 | 62,439 |
Proceeds from sale of stock to Avis | |||||||||
- | - | - | - | - | - | - | 4,605 | 0 | - |
Principal payments of capital lease obligation | |||||||||
- | - | - | 149 | 144 | 12 | - | - | - | - |
Net cash provided by investing activities | |||||||||
6,596 | -17,729 | -529 | - | - | - | - | - | 10,318 | 2,155 |
Cash flows from financing activities: | |||||||||
Net cash (used in) provided by investing activities | |||||||||
- | - | - | 3,498 | -580 | 6,048 | 2,595 | -3,196 | - | - |
Net proceeds from underwritten public offering | |||||||||
- | 16,065 | - | - | - | - | - | - | - | - |
Borrowings under revolving credit facility | |||||||||
- | 11,655 | 14,650 | 0 | 0 | - | - | - | - | 12,900 |
Repayments under revolving credit facility | |||||||||
- | 14,648 | 11,657 | 0 | 0 | - | - | - | 11,638 | 1,262 |
Proceeds from sale of stock to Avis | |||||||||
- | - | - | - | - | - | - | - | - | 0 |
Proceeds from exercise of stock options | |||||||||
721 | 1,277 | 70 | 2,006 | 460 | 203 | 117 | 35 | 3 | 2 |
Common stock repurchased - vesting of restricted stock | |||||||||
652 | - | - | - | - | - | 193 | 1,050 | 99 | 0 |
Net cash used in financing activities | |||||||||
69 | 14,349 | 3,063 | - | - | - | - | - | -11,734 | 11,640 |
Net cash used in financing activities | |||||||||
- | - | - | 1,857 | 316 | 191 | -76 | 3,590 | - | - |
Effect of foreign exchange rate changes on cash and cash equivalents | |||||||||
100 | -413 | 433 | 62 | -43 | -128 | -155 | 98 | - | - |
Net decrease in cash, cash equivalents and restricted cash | |||||||||
5,063 | 126 | 484 | - | - | - | - | - | - | - |
Reconciliation of cash, cash equivalents, and restricted cash, beginning of period | |||||||||
Effect of foreign exchange rate changes on cash and cash equivalents | |||||||||
- | - | - | - | - | - | - | - | 21 | -1 |
Net (decrease) increase in cash and cash equivalents | |||||||||
- | - | - | -1,485 | -608 | 4,968 | -6,772 | -6,105 | -4,990 | 6,923 |
Supplemental disclosure of cash flow information: | |||||||||
Cash paid for: | |||||||||
Interest | |||||||||
- | 130 | 175 | 18 | - | - | - | - | - | - |
Interest | |||||||||
- | - | - | - | 29 | 0 | 0 | 0 | 56 | 130 |
Noncash investing and financing activities: | |||||||||
Unrealized loss on investments, net of realized amounts | |||||||||
66 | -102 | -11 | 15 | -6 | -82 | 96 | -8 | 46 | -107 |
Value of shares withheld pursuant to stock issuance | |||||||||
249 | 465 | 323 | 457 | 144 | 265 | 260 | 47 | 10 | 65 |
Value of shares issued relating to acquisition contingent consideration | |||||||||
2,000 | - | - | - | - | - | - | - | - | - |
Value of shares issued pursuant to acquisition | |||||||||
- | 2,000 | - | - | - | - | - | - | - | - |
Contingent consideration relating to acquisition | |||||||||
- | 2,683 | - | - | - | - | - | - | - | - |
Fixed assets acquired by capital lease | |||||||||
- | - | - | - | - | 305 | 0 | - | - | - |
Accrual of contingent consideration and accrued expenses | |||||||||
- | - | - | - | - | - | - | - | - | 110 |
Fixed assets acquired by capital lease | |||||||||
- | - | - | - | - | - | - | 0 | 20,746 | 748 |
Liabilities assumed | |||||||||
- | - | - | - | - | - | - | - | 5,746 | -104 |
Less: contingent consideration | |||||||||
- | - | - | - | - | - | - | - | 0 | -110 |
Less: cash acquired | |||||||||
- | - | - | - | - | - | - | - | 0 | -16 |
Net cash paid | |||||||||
- | 7,373 | - | 0 | - | - | - | - | 15,000 | 518 |