| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Jun'17 | Mar'17 |
|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||||
Net loss attributable to common stockholders | ||||||||||
-1,096 | 1,094 | 544 | -1,594 | -944 | -187 | 1,141 | -1,619 | -907 | 134 | 79 |
Net loss attributable to noncontrolling interest | ||||||||||
- | - | - | - | - | -67 | -139 | -116 | -112 | -122 | 0 |
Net loss attributable to common stockholders | ||||||||||
- | - | - | - | - | -120 | 1,281 | -1,502 | -794 | 257 | 79 |
Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||||
Net loss attributable to noncontrolling interest | ||||||||||
- | - | - | - | - | -67 | -139 | -116 | -112 | -122 | 0 |
Deferred benefit for income taxes | ||||||||||
-441 | 454 | -22 | 620 | -1,165 | -840 | -1,437 | 572 | 215 | - | - |
(Gain) on disposal of property and equipment | ||||||||||
1 | -87 | 25 | 62 | 1 | - | - | - | - | - | - |
Provision for bad debt | ||||||||||
-2 | 0 | -0 | 1 | -0 | -93 | -3 | 3 | 91 | - | - |
Warranty reserves | ||||||||||
-5 | -10 | 0 | -8 | 3 | -12 | -5 | 4 | -1 | - | -2 |
Amortization of deferred gain | ||||||||||
-41 | 16 | -12 | -16 | -16 | -22 | -54 | -28 | -28 | - | - |
Amortization of intangibles | ||||||||||
174 | - | - | - | 349 | - | - | - | - | - | - |
Depreciation | ||||||||||
221 | - | - | - | 115 | - | - | - | - | - | - |
Depreciation and amortization | ||||||||||
- | - | - | - | - | - | - | 274 | 253 | 202 | 179 |
Inventory reserves | ||||||||||
148 | 110 | 54 | 79 | 57 | 15 | 39 | 702 | -457 | 70 | -152 |
Amortization of debt discount | ||||||||||
7 | 7 | 7 | 6 | 0 | 0 | 0 | 0 | 24 | 5 | 5 |
Stock-based compensation expense | ||||||||||
207 | 159 | 164 | 157 | 167 | 152 | 214 | 124 | 35 | 36 | 24 |
Changes in operating assets and liabilities: | ||||||||||
Accounts receivable | ||||||||||
-2,530 | 2,386 | 964 | -317 | -1,868 | 76 | 3,074 | -699 | 111 | 1,477 | -1,337 |
Inventories | ||||||||||
1,826 | -655 | -454 | -581 | 2,699 | -293 | -102 | 779 | -430 | 972 | 990 |
Prepaid expenses and other current assets | ||||||||||
386 | -317 | 0 | -79 | 185 | -32 | -17 | -15 | 340 | 67 | 14 |
Accounts payable | ||||||||||
-275 | 485 | 499 | -2,027 | 1,467 | 73 | 1,097 | 171 | -2,803 | 452 | 550 |
Accrued expenses and other liabilities | ||||||||||
54 | 868 | -2,376 | 1,334 | 791 | 1,029 | 290 | 51 | -433 | 146 | 178 |
Net cash used in operating activities | ||||||||||
-721 | 1,986 | -1,325 | 1,913 | -200 | 1,244 | -1,286 | 182 | -4,030 | -1,472 | 1,199 |
Cash flows from investing activities: | ||||||||||
Purchases of property and equipment, including capitalization of labor costs for test equipment and ERP | ||||||||||
200 | 324 | 704 | 553 | 803 | 542 | 20 | 46 | 13 | -37 | 51 |
Proceeds from sales of property and equipment | ||||||||||
1 | 0 | 0 | 0 | 1 | - | - | - | - | - | - |
Net cash used in investing activities | ||||||||||
-198 | -324 | -704 | -553 | -802 | -5,356 | -492 | -46 | -13 | 37 | -51 |
Cash flows from financing activities: | ||||||||||
Proceeds from issuance of stock and stock options exercised | ||||||||||
57 | 18 | 8 | 6 | 14 | 48 | 5 | 4 | 54 | 79 | 14 |
Payment of payroll taxes on net issuance of employee stock options | ||||||||||
656 | - | - | - | - | 1 | 65 | 0 | 274 | - | - |
Stock issuance costs | ||||||||||
- | - | - | - | - | 0 | 0 | 0 | 1,810 | - | - |
Proceeds from issuance of common stock | ||||||||||
- | - | - | - | - | 0 | 0 | 0 | 19,500 | - | - |
Net (repayment) borrowings on bank lines of credit | ||||||||||
-430 | -576 | -965 | 887 | 140 | -706 | 0 | 0 | -3,334 | - | - |
Net repayments on related-party notes payable | ||||||||||
-141 | - | - | - | - | - | - | - | - | - | - |
Net repayments on notes payable | ||||||||||
-42 | -133 | -79 | 1,426 | -972 | - | - | - | - | - | - |
Net repayments on bank line of credit | ||||||||||
- | - | - | - | - | - | - | - | - | - | 982 |
Payments on related-party notes payable | ||||||||||
- | - | - | - | - | - | - | - | 163 | 33 | 32 |
Payments on notes payable | ||||||||||
- | - | - | - | - | - | - | - | 985 | 153 | 151 |
Net cash used in financing activities | ||||||||||
-1,214 | -737 | 1,336 | 3,140 | -817 | -659 | -430 | 4 | 12,985 | 1,878 | -1,152 |
Net change in cash and cash equivalents | ||||||||||
-2,134 | - | - | - | -1,819 | - | - | - | - | - | - |
Effect of exchange rates on cash | ||||||||||
-12 | - | - | - | 2 | - | - | - | - | - | - |
Net change in cash and cash equivalents | ||||||||||
- | - | - | - | - | - | - | 140 | 8,941 | - | - |
Net change in cash and cash equivalents | ||||||||||
- | - | - | - | - | - | - | - | - | 443 | -5 |
Supplemental disclosure of cash flow information: | ||||||||||
Cash paid during the period for interest | ||||||||||
22 | 18 | 52 | 53 | 6 | 1 | 0 | 0 | 39 | - | - |
Cash paid during the period for income taxes | ||||||||||
- | 4 | 0 | -58 | 62 | - | - | - | - | - | - |
Supplemental disclosure of non-cash transactions: | ||||||||||
Cash paid during the period for interest | ||||||||||
- | - | - | - | - | - | - | - | - | - | 44 |
Reclassification of inventories to property and equipment | ||||||||||
- | - | - | - | - | - | - | 61 | 384 | - | - |
Relative fair value of warrants issued in connection initial public offering, respectively | ||||||||||
- | - | - | - | - | 0 | 0 | 0 | 669 | - | - |
Reclassification of prepaid IPO expenses to additional paid in capital | ||||||||||
- | - | - | - | - | 0 | 0 | 0 | 887 | - | - |