| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||
Net loss attributable to common stockholders | ||||||
-900 | -1,572 | -216 | ||||
Net loss attributable to noncontrolling interest | ||||||
- | -436 | -313 | ||||
Net loss attributable to common stockholders | ||||||
-900 | -1,136 | 96 | ||||
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||
Net loss attributable to noncontrolling interest | ||||||
- | -436 | -313 | ||||
Deferred benefit for income taxes | ||||||
-112 | -1,489 | -416 | ||||
(Gain) on disposal of property and equipment | ||||||
1 | -406 | - | ||||
Provision for bad debt | ||||||
0 | -2 | - | ||||
Impairment of goodwill | ||||||
1,697 | - | - | ||||
Provision for bad debt | ||||||
- | - | -1 | ||||
Warranty reserves | ||||||
-14 | -15 | -19 | ||||
Amortization of deferred gain | ||||||
-28 | -134 | -57 | ||||
Depreciation and amortization | ||||||
1,655 | 1,350 | - | ||||
Depreciation and amortization | ||||||
- | - | 836 | ||||
Inventory reserves | ||||||
301 | 299 | 582 | ||||
Amortization of debt discount | ||||||
21 | 24 | 23 | ||||
Stock-based compensation expense | ||||||
649 | 527 | 160 | ||||
Changes in operating assets and liabilities: | ||||||
Accounts receivable | ||||||
1,165 | 2,563 | 254 | ||||
Inventories | ||||||
1,008 | -46 | 1,704 | ||||
Prepaid expenses and other current assets | ||||||
-211 | 275 | 835 | ||||
Accounts payable | ||||||
424 | -1,460 | 1,278 | ||||
Accrued expenses and other liabilities | ||||||
617 | 938 | 204 | ||||
Net cash used in operating activities | ||||||
2,374 | -3,890 | -381 | ||||
Cash flows from investing activities: | ||||||
Cash acquired in acquisitions | ||||||
- | 700 | - | ||||
Purchases of property and equipment, including capitalization of labor costs for test equipment and ERP | ||||||
2,386 | 623 | 425 | ||||
Proceeds from sales of property and equipment | ||||||
1 | 34 | - | ||||
Net cash used in investing activities | ||||||
-2,385 | -5,909 | -425 | ||||
Cash flows from financing activities: | ||||||
Proceeds from issuance of stock and stock options exercised | ||||||
47 | 113 | 105 | ||||
Contribution related to non-controlling interest | ||||||
- | - | 750 | ||||
Payment on working capital loan | ||||||
- | 370 | - | ||||
Payment of payroll taxes on net issuance of employee stock options | ||||||
132 | 341 | - | ||||
Stock issuance costs | ||||||
212 | 1,810 | - | ||||
Proceeds from issuance of common stock | ||||||
2,700 | 19,500 | - | ||||
Net (repayment) borrowings on bank lines of credit | ||||||
-513 | -4,041 | 876 | ||||
Net repayments on related-party notes payable | ||||||
791 | -163 | - | ||||
Net repayments on notes payable | ||||||
241 | -985 | - | ||||
Payments on related-party notes payable | ||||||
- | - | 134 | ||||
Payments on notes payable | ||||||
- | - | 618 | ||||
Net cash used in financing activities | ||||||
2,922 | 11,900 | 978 | ||||
Net change in cash and cash equivalents | ||||||
2,911 | 2,100 | - | ||||
Effect of exchange rates on cash | ||||||
1 | -13 | - | ||||
Net change in cash and cash equivalents | ||||||
- | - | 171 | ||||
Supplemental disclosure of cash flow information: | ||||||
Cash paid during the period for interest | ||||||
129 | 41 | 167 | ||||
Cash paid during the period for income taxes | ||||||
8 | 7 | 49 | ||||
Supplemental disclosure of non-cash transactions: | ||||||
Forward foreign currency contracts | ||||||
53 | - | - | ||||
Relative fair value of warrants issued in connection with notes and related-party notes payable | ||||||
60 | - | - | ||||
Reclassification of inventories to property and equipment | ||||||
106 | - | 645 | ||||
Relative fair value of warrants issued in connection initial public offering, respectively | ||||||
- | 669 | - | ||||
Reclassification of prepaid IPO expenses to additional paid in capital | ||||||
- | 887 | - | ||||
Disposal of obsolete inventory | ||||||
- | 947 | 867 | ||||
Change in labor and overhead applied to inventory | ||||||
- | 957 | -149 | ||||
Fixed assets received from SkyScale in dissolution | ||||||
- | 160 | - | ||||
Deferred revenue on gain from bargain purchase | ||||||
- | - | 230 | ||||
Concept Development Inc. | ||||||
Net loss attributable to common stockholders | ||||||
-3,091 | -316 | - | ||||
Impairment of goodwill | ||||||
1,697 | - | - | ||||
Cash paid in acquisition | ||||||
- | 646 | - | ||||
Merger of CDI through issuance of common stock (Note 3) | ||||||
- | 4,194 | - | ||||
Bressner Technology | ||||||
Net loss attributable to common stockholders | ||||||
91 | -153 | - | ||||
Cash paid in acquisition | ||||||
- | 5,374 | - | ||||
Merger of CDI through issuance of common stock (Note 3) | ||||||
- | 228 | - | ||||