| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows used for operating activities: | ||||||||
Net (loss) income | ||||||||
-33,000 | 36,000 | 61,000 | 364,000 | 408,000 | 405,000 | 0 | 0 | 0 |
Adjustments to reconcile net (loss) income to net cash used for operating activities: | ||||||||
Depreciation and amortization | ||||||||
85,000 | 80,000 | 72,000 | 69,000 | 65,000 | 66,000 | 0 | 0 | 0 |
Restructuring charges, net of payments | ||||||||
0 | - | - | - | - | - | - | - | - |
Stock compensation expense | ||||||||
25,000 | 25,000 | 27,000 | 25,000 | 23,000 | 20,000 | 0 | 0 | 0 |
Other | ||||||||
-27,000 | -18,000 | -18,000 | -40,000 | -17,000 | -22,000 | 0 | 0 | 0 |
Changes in assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-7,000 | -7,000 | 78,000 | 90,000 | 130,000 | 62,000 | 0 | 0 | 0 |
Inventories – net | ||||||||
-22,000 | 44,000 | 139,000 | 204,000 | 234,000 | 172,000 | 0 | 0 | 0 |
Other current assets | ||||||||
27,000 | 53,000 | 36,000 | 29,000 | 48,000 | 27,000 | 0 | 0 | 0 |
Other assets | ||||||||
- | - | - | - | - | 4,000 | 0 | 0 | 0 |
Accounts payable | ||||||||
-109,000 | -38,000 | 57,000 | 150,000 | 283,000 | 231,000 | 0 | 0 | 0 |
Accrued liabilities | ||||||||
-52,000 | 22,000 | 74,000 | 58,000 | 107,000 | 65,000 | 0 | 0 | 0 |
Obligations payable to Honeywell | ||||||||
12,000 | -35,000 | 0 | 0 | 0 | - | - | - | - |
Other | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Other liabilities | ||||||||
- | - | - | - | - | 221,000 | 0 | 0 | 0 |
Net cash used for operating activities | ||||||||
-41,000 | 23,000 | 17,000 | 167,000 | 326,000 | 462,000 | 0 | 0 | 0 |
Cash flows used for investing activities: | ||||||||
Expenditures for property, plant, equipment and other intangibles | ||||||||
0 | - | - | - | 0 | - | - | - | - |
Expenditures for property, plant, equipment and software | ||||||||
- | - | - | - | - | 81,000 | 0 | 0 | 0 |
Cash paid for acquisitions, net of cash acquired | ||||||||
46,000 | 17,000 | 0 | 0 | 0 | - | - | - | - |
Proceeds received related to amounts due from related parties | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Net cash used for investing activities | ||||||||
-142,000 | -112,000 | -101,000 | -112,000 | -86,000 | -74,000 | 0 | 0 | 0 |
Cash flows provided by (used for) financing activities: | ||||||||
Net proceeds from revolving credit facility | ||||||||
0 | - | - | - | - | - | - | - | - |
Repayment of long-term debt | ||||||||
- | 22,000 | 0 | 0 | 0 | - | - | - | - |
Non-operating obligations paid to Honeywell, net | ||||||||
- | - | 0 | 0 | 0 | - | - | - | - |
Tax payments related to stock vestings | ||||||||
0 | - | 0 | 0 | 0 | - | - | - | - |
Net decrease in invested equity | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Cashflow provided by cash pooling | ||||||||
- | - | - | - | - | - | 0 | 0 | 0 |
Net cash provided by (used for) financing activities | ||||||||
319,000 | -53,000 | 41,000 | 3,000 | -91,000 | -167,000 | 0 | 0 | 0 |
Effect of foreign exchange rate changes on cash and cash equivalents | ||||||||
0 | - | - | - | -12,000 | -12,000 | 0 | 0 | 0 |
Net increase (decrease) in cash and cash equivalents | ||||||||
126,000 | -143,000 | -52,000 | 49,000 | 137,000 | 209,000 | 0 | 0 | 0 |