| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Operating activities | ||||||||||
Net income (loss) | ||||||||||
286 | -571 | -1,430 | 12,147 | 1,817 | 432 | -620 | -3,298 | -2,422 | -3,975 | -7,888 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||||
Stock-based compensation | ||||||||||
519 | 487 | 426 | 342 | 209 | 217 | - | - | - | - | - |
Depreciation | ||||||||||
- | - | - | 279 | 197 | 216 | 221 | 264 | 336 | 459 | 503 |
Stock-based compensation | ||||||||||
- | - | - | - | - | - | 249 | 597 | 723 | 676 | 715 |
Depreciation and amortization | ||||||||||
462 | 432 | 313 | - | - | - | - | - | - | - | - |
Amortization of intangible assets | ||||||||||
- | - | - | - | - | 30 | 60 | 60 | 60 | 60 | 76 |
Issuance of common stock warrant for services | ||||||||||
- | - | - | - | - | - | - | - | 0 | 50 | 0 |
Amortization of debt discount to interest expense | ||||||||||
- | - | - | - | - | - | - | - | 944 | 55 | 0 |
Interest expense related to premium for conversion of convertible note | ||||||||||
- | - | - | - | - | - | - | - | 89 | 0 | 0 |
Interest expense on convertible note settled with common stock | ||||||||||
- | - | - | - | - | - | - | - | 16 | 0 | 0 |
Deferred tax expenses (benefits) | ||||||||||
274 | -143 | 3,717 | -9,764 | 31 | 31 | 31 | 31 | 31 | 15 | -214 |
Fair value of common stock issued to settle litigation | ||||||||||
- | - | - | - | - | - | 28 | 0 | - | - | - |
Loss on extinguishment of debt | ||||||||||
- | - | - | - | - | 61 | - | - | - | - | - |
Changes in operating assets and liabilities: | ||||||||||
Gain on sale of product line assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | -450 |
Impairment charges | ||||||||||
- | - | - | - | - | - | - | - | - | - | 5,370 |
Accounts receivable | ||||||||||
-469 | 320 | 179 | -507 | -462 | -469 | 81 | 1,282 | -1,977 | 845 | 1,675 |
Inventories | ||||||||||
-906 | -74 | -660 | -211 | -368 | 147 | -164 | 519 | 237 | 345 | 1,885 |
Prepaid expenses and other current assets | ||||||||||
-4 | 77 | -126 | -171 | 38 | -0 | 9 | 77 | -24 | 340 | -1 |
Other long-term assets | ||||||||||
-1 | 0 | 12 | 0 | - | - | - | - | - | - | - |
Other assets | ||||||||||
- | - | - | - | 10 | 0 | - | - | - | - | - |
Accounts payable and accrued expenses | ||||||||||
551 | 421 | -91 | -633 | -792 | -517 | -194 | 410 | 90 | 868 | -611 |
Accrued payroll and related expenses | ||||||||||
54 | -118 | -1 | 30 | 74 | -52 | 102 | -86 | -69 | -172 | 32 |
Net deferred revenue on shipments to distributors | ||||||||||
145 | -56 | 61 | 58 | 25 | -27 | 151 | -717 | 898 | -244 | -1,083 |
Customer deposit | ||||||||||
- | - | - | -640 | 640 | 0 | - | - | - | - | - |
Deferred service revenue | ||||||||||
8 | 3 | -12 | -51 | -89 | -52 | -100 | -46 | -106 | -65 | 154 |
Net change in operating lease | ||||||||||
15 | 28 | - | - | - | - | - | - | - | - | - |
Change in deferred rent | ||||||||||
-47 | -29 | -12 | 3 | 19 | 34 | 49 | -3 | -14 | 102 | -17 |
Net cash used in operating activities | ||||||||||
873 | 750 | 2,376 | 879 | 1,352 | 52 | -93 | -907 | -1,185 | -638 | 146 |
Investing activities | ||||||||||
Purchases of equipment | ||||||||||
595 | 423 | 412 | 304 | 391 | 166 | 158 | -234 | -177 | -143 | -285 |
Capitalized software costs | ||||||||||
7 | - | 207 | 0 | - | - | - | - | - | - | - |
Proceeds from sale of product line assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | -450 |
Net cash used in investing activities | ||||||||||
-602 | -423 | -620 | -304 | -391 | -166 | -158 | 234 | 177 | 143 | -164 |
Financing activities | ||||||||||
Payments on capital leases | ||||||||||
- | - | 26 | 31 | 27 | 21 | 20 | 14 | 13 | 12 | 11 |
Proceeds from borrowings under bank line of credit agreement | ||||||||||
17,423 | 13,546 | - | 350 | 138 | 988 | 8,017 | 6,438 | 2,033 | 5,609 | 8,684 |
Repayments of borrowings under bank line of credit agreement | ||||||||||
17,327 | 12,230 | - | 350 | 954 | 936 | 8,064 | 6,737 | 923 | 6,611 | 8,687 |
Proceeds from bank term loan | ||||||||||
- | 4,000 | - | - | - | - | - | - | - | - | - |
Repayments of bank term loan | ||||||||||
-500 | -3,166 | - | - | - | - | - | - | - | - | - |
Common stock repurchases and related expenses | ||||||||||
- | 5,021 | - | - | - | - | - | - | - | - | - |
Stock options exercised | ||||||||||
23 | 279 | 331 | 178 | 155 | 47 | 6 | 14 | 29 | 27 | 2 |
Warrants exercised | ||||||||||
- | - | - | 158 | 131 | 137 | 0 | 29 | 21 | 0 | 0 |
Proceeds from issuance of related party subordinated convertible notes payable | ||||||||||
- | - | - | - | - | - | - | 750 | 0 | 0 | - |
Proceeds from issuance of short term note payable | ||||||||||
- | - | - | - | - | - | 700 | 400 | 0 | 0 | - |
Repayment of short term note payable | ||||||||||
- | - | - | - | - | - | - | 304 | 0 | 0 | - |
Repayments of related party and short term credit line notes payable | ||||||||||
- | - | - | 500 | 100 | 50 | 25 | 0 | - | - | - |
Redemption of related party convertible notes payable | ||||||||||
- | - | - | - | - | 25 | 145 | - | - | - | - |
Proceeds from issuance of senior convertible note and warrants | ||||||||||
- | - | - | - | - | - | - | - | 0 | -1,000 | 0 |
Reduction (increase) in restricted cash requirement | ||||||||||
- | - | - | - | - | - | - | - | -710 | 710 | 0 |
Proceeds from the issuance of common stock and warrants | ||||||||||
- | - | - | - | - | - | - | - | - | - | 884 |
Net cash provided by financing activities | ||||||||||
-396 | -2,620 | 304 | -194 | -656 | 140 | 468 | 575 | 1,858 | -697 | 872 |
Net increase (decrease) in cash and cash equivalents | ||||||||||
-126 | -2,294 | 2,060 | 380 | 305 | 26 | 215 | -566 | 496 | -1,479 | 1,182 |
Supplemental disclosure of cash flow information | ||||||||||
Cash paid for interest | ||||||||||
100 | 105 | 2 | 13 | - | - | - | - | - | - | - |
Cash paid for interest | ||||||||||
- | - | - | - | 143 | 280 | 387 | 224 | 66 | 190 | 225 |
Cash paid for income taxes | ||||||||||
- | - | 82 | 100 | 0 | - | - | - | - | - | - |
Computer equipment purchased under capital lease | ||||||||||
- | - | - | 64 | 36 | 0 | - | - | - | - | - |
Issuance of common stock in exchange for forgiveness of accounts payable | ||||||||||
- | - | - | - | - | - | - | - | 499 | - | - |
Conversion of notes payable and accrued interest into common stock | ||||||||||
- | - | 1,216 | 0 | - | - | 52 | 0 | 1,106 | - | - |
Cashless exercise of warrants | ||||||||||
- | - | - | 0 | 0 | - | - | - | - | - | - |
Accrual of treasury stock costs | ||||||||||
- | - | - | 0 | - | - | - | - | - | - | - |
Addition of equipment under capital lease | ||||||||||
- | - | - | - | - | - | 14 | 0 | - | - | - |
Beneficial conversion feature associated with senior convertible note | ||||||||||
- | - | - | - | - | - | - | - | 273 | 390 | 0 |
Warrants issued in conjunction with senior convertible note | ||||||||||
- | - | - | - | - | - | - | - | - | 335 | 0 |
Warrants issued in conjunction with common stock financing | ||||||||||
- | - | - | - | - | - | - | - | - | - | 107 |
Addition of equipment under capital lease | ||||||||||
- | - | - | - | - | - | - | - | - | - | 28 |