| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 |
|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||
Net income | |||||||||
7,016 | 1,405 | 117 | - | - | - | - | - | - | - |
Net income | |||||||||
- | - | - | 148 | -711 | -2,825 | -8,219 | -1,320 | 382 | 9,423 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||
Impairment loss on Lynch Systems' assets | |||||||||
- | - | - | - | - | - | - | - | - | 20 |
Depreciation | |||||||||
418 | 417 | 567 | 704 | 804 | 821 | 913 | 729 | 699 | 645 |
Amortization of finite-lived intangible assets | |||||||||
75 | 75 | 75 | 68 | 66 | 101 | 77 | 76 | 144 | 112 |
Loss from equity investment in unconsolidated subsidiary | |||||||||
-16 | - | - | - | - | - | - | - | - | - |
(Recovery) impairment of note receivable | |||||||||
- | - | -102 | - | - | - | - | - | - | - |
Recovery of note receivable | |||||||||
- | 4 | - | - | - | - | - | - | - | - |
Impairment of note receivable | |||||||||
- | - | - | - | - | - | 11 | - | - | - |
Gain on disposal of assets | |||||||||
- | - | - | 110 | -67 | - | - | - | - | - |
Impairment of note receivable | |||||||||
- | - | - | - | 43 | - | - | - | - | - |
Gain on disposal of assets | |||||||||
- | - | - | - | - | 0 | 228 | 0 | - | - |
Impairment of note receivable | |||||||||
- | - | - | - | - | 0 | - | - | 0 | - |
Gain on disposal of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Impairment of note receivable | |||||||||
- | - | - | - | - | - | - | 40 | -6 | 0 |
Stock-based compensation | |||||||||
112 | 64 | 88 | 67 | 265 | 308 | 575 | 428 | 363 | 185 |
Loss (gain) on marketable securities | |||||||||
206 | -28 | 21 | - | - | - | - | - | - | - |
Bargain purchase gain | |||||||||
- | - | - | 4 | 0 | - | - | - | - | - |
Deferred income tax expense | |||||||||
-3,180 | 46 | 41 | -214 | 0 | - | 3,922 | -576 | 5 | -3,276 |
Dividend from marketable securities | |||||||||
- | - | 6 | 62 | 0 | - | - | - | - | - |
Changes in operating assets and liabilities: | |||||||||
Increase in accounts receivable, net | |||||||||
1,051 | 1 | -111 | 890 | 660 | -29 | 1,113 | -41 | 1,473 | -1,003 |
Decrease (increase) in inventories, net | |||||||||
1,550 | 591 | 237 | 62 | 625 | 523 | 720 | 327 | 271 | -599 |
Decrease (increase) in prepaid expenses and other assets | |||||||||
225 | -92 | - | - | - | - | - | - | - | - |
(Increase) decrease in prepaid expenses and other assets | |||||||||
- | - | 28 | 1 | 13 | 104 | 341 | -402 | -115 | 102 |
Increase in accounts payable, accrued compensation and commissions and other accrued liabilities | |||||||||
1,241 | 125 | -128 | 634 | -1,009 | -302 | -345 | 270 | -895 | -106 |
Net cash provided by operating activities | |||||||||
2,666 | 1,656 | 681 | - | - | - | - | -469 | 2,321 | 5,503 |
INVESTING ACTIVITIES | |||||||||
Purchase of marketable securities | |||||||||
5,050 | - | 1,002 | - | - | - | - | - | - | - |
Equity investment in unconsoldiated subsidiary | |||||||||
3,350 | - | - | - | - | - | - | - | - | - |
Net cash provided by operating activities | |||||||||
- | - | - | 278 | 689 | -1,299 | -664 | - | - | - |
Purchase of marketable securities, net | |||||||||
- | - | - | 2,695 | 0 | - | - | - | - | - |
Capital expenditures | |||||||||
1,163 | 324 | 131 | 172 | 422 | 263 | 448 | 906 | 1,694 | 767 |
Proceeds from sale of marketable securities | |||||||||
3,400 | - | - | - | - | - | - | - | - | - |
Acquisition of a business | |||||||||
- | - | - | 295 | 0 | -748 | 0 | - | - | - |
Proceeds from sale of land | |||||||||
- | - | 96 | - | - | - | - | - | - | - |
Other | |||||||||
- | - | 34 | 117 | 94 | 0 | 28 | - | - | - |
Net cash used in investing activities | |||||||||
- | - | - | -3,045 | -328 | - | - | - | - | - |
Net repayments on note payable to bank | |||||||||
- | - | - | - | - | -1,181 | - | - | - | - |
Restricted cash | |||||||||
- | - | - | - | - | 1,500 | 0 | -1,500 | 0 | - |
Warrant dividend issuance costs | |||||||||
- | - | - | - | - | - | -65 | 0 | - | - |
Proceeds from issuance of common stock | |||||||||
- | - | - | - | - | - | - | - | 6,562 | 0 |
Proceeds from disposal of property, plant and equipment | |||||||||
- | - | - | - | - | - | - | 0 | - | - |
Net cash used in investing activities | |||||||||
-6,163 | -324 | -1,003 | - | - | -1,011 | -420 | -906 | -1,694 | -767 |
FINANCING ACTIVITIES | |||||||||
Purchase of treasury stock | |||||||||
- | - | - | 8 | 0 | - | 167 | 90 | 315 | 0 |
Net borrowing on note payable to bank | |||||||||
- | - | - | - | - | - | 68 | 1,777 | -3,026 | 1,696 |
Net cash provided by financing activities | |||||||||
- | - | - | -8 | 0 | - | - | - | - | - |
Costs from issuance of common stock | |||||||||
- | 28 | - | - | - | - | - | - | 69 | 0 |
(Costs) proceeds from issuance of common stock, net of issuance costs | |||||||||
- | - | -10,794 | - | - | - | - | - | - | - |
Proceeds from warrant exercise | |||||||||
- | 927 | - | - | - | - | - | - | - | - |
Proceeds from stock option exercise | |||||||||
442 | 27 | - | - | - | - | - | - | - | - |
Deferred costs related to stock issuance | |||||||||
- | - | - | - | - | - | - | - | - | 89 |
Proceeds from long-term debt | |||||||||
- | - | - | - | - | - | - | - | 548 | 0 |
Principal payments of long-term debt | |||||||||
- | - | - | - | - | - | 58 | 342 | 817 | 2,620 |
Net cash provided by financing activities | |||||||||
442 | 926 | 10,794 | - | - | 319 | -358 | -3,709 | 8,935 | -4,405 |
Increase (decrease) in cash and cash equivalents | |||||||||
-3,055 | 2,258 | - | - | - | - | - | - | - | - |
(Decrease) increase in cash and cash equivalents | |||||||||
- | - | 10,472 | -2,775 | 361 | -1,991 | -1,442 | -5,084 | 9,562 | 331 |
Supplemental Disclosure: | |||||||||
Cash paid for interest | |||||||||
6 | 23 | 23 | - | - | - | - | - | - | - |
Cash paid for interest | |||||||||
- | - | - | 17 | 30 | 0 | 21 | 95 | 91 | 318 |
Cash paid for income taxes | |||||||||
86 | 69 | 41 | 52 | 21 | 32 | 36 | 157 | 433 | 78 |
Non-Cash Disclosure: | |||||||||
Right-of-use assets offset by operating lease liabilities | |||||||||
331 | - | - | - | - | - | - | - | - | - |
Fair value of equipment acquired | |||||||||
- | - | - | 85 | 0 | - | - | - | - | - |
Fair value of intangible assets acquired | |||||||||
- | - | - | 214 | 0 | - | - | - | - | - |
Current liabilities assumed | |||||||||
- | - | - | 45 | 0 | - | - | - | - | - |
Bargain purchase gain | |||||||||
- | - | - | 4 | 0 | - | - | - | - | - |
Cash consideration paid | |||||||||
- | - | - | 295 | 0 | - | - | - | - | - |
Note receivable obtained in sale of property | |||||||||
- | - | - | - | - | - | - | - | 299 | - |
Note receivable obtained in sale of property by Lynch Systems, net of costs | |||||||||
- | - | - | - | - | - | - | - | - | 0 |