| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 |
|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | ||||||||
Net loss | ||||||||
-9,964 | - | - | - | -5,124 | - | - | - | - |
Net loss | ||||||||
- | - | - | - | - | - | 2,134 | -123 | -5,071 |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||||||||
Depreciation and amortization | ||||||||
887 | 1,945 | 505 | 183 | 892 | 511 | 508 | 364 | 467 |
Stock-based compensation | ||||||||
223 | 397 | 307 | 5,557 | 47 | 123 | 63 | 33 | 33 |
Inventory write-downs | ||||||||
407 | - | - | - | - | - | - | - | - |
Trade-in guarantee | ||||||||
- | 0 | 0 | 0 | 268 | - | - | - | - |
Non-cash interest expense | ||||||||
255 | - | - | - | - | 89 | 386 | 328 | 228 |
Accretion of debt discount | ||||||||
30 | - | - | - | 30 | - | - | - | - |
Deferred income taxes | ||||||||
53 | 116 | 4 | 0 | -11 | 240 | -91 | 5 | -14 |
Provision for doubtful accounts | ||||||||
- | - | - | - | -3 | - | - | - | -41 |
Changes in operating assets and liabilities: | ||||||||
Accounts receivable | ||||||||
-5,083 | -7,242 | -13,927 | 23,799 | -11,379 | -238 | 382 | 5,034 | 2,887 |
Inventory | ||||||||
-2,989 | -4,376 | 521 | -2,569 | 7,233 | 6,046 | 1,871 | 2,128 | 2,802 |
Prepaid expenses and other current assets | ||||||||
-1,367 | -713 | -2,341 | -2,879 | 2,252 | -1,543 | 900 | 2,237 | 2,533 |
Other assets | ||||||||
-32 | 3,759 | 3 | -1,448 | 1,489 | 175 | -137 | -12 | 16 |
Accounts payable | ||||||||
-1,746 | -10,455 | 248 | -9,570 | -298 | 2,813 | 2,550 | 2,956 | 7,730 |
Accrued expenses | ||||||||
1,354 | -854 | -6,200 | 1,256 | -319 | 2,124 | 978 | 3,831 | 475 |
Deferred revenue | ||||||||
15 | -7 | -8 | -3,646 | -3 | 178 | -1,368 | 1,642 | -370 |
Income tax payable | ||||||||
90 | 981 | 40 | 9 | 124 | 79 | 112 | 103 | 121 |
Net cash provided by (used in) operating activities | ||||||||
1,075 | -4,720 | 5,981 | -30,256 | -4,528 | 5,848 | 2,900 | -207 | -4,680 |
Cash flows from investing activities: | ||||||||
Purchase of property and equipment | ||||||||
184 | 84 | 661 | 165 | 82 | 285 | 247 | 186 | 69 |
Development of tooling and purchased software licenses | ||||||||
- | 17 | 103 | 135 | 109 | 290 | 235 | 392 | 841 |
Net cash used in investing activities | ||||||||
-184 | -101 | -764 | -300 | -191 | -575 | -482 | -578 | -910 |
Cash flows from financing activities: | ||||||||
Proceeds from borrowings on long-term debt | ||||||||
- | - | - | - | - | -8 | 0 | 2,000 | 3,000 |
Repayment on long-term debt | ||||||||
37 | - | - | - | - | - | - | - | - |
Proceeds on line of credit | ||||||||
- | - | - | - | - | 9,326 | 17,243 | 28,056 | 17,510 |
Repayment on line of credit | ||||||||
- | 0 | -264 | 5,755 | 123 | 11,166 | 19,182 | 28,964 | 15,738 |
Proceeds from issuance of common stock, net of costs | ||||||||
- | 0 | 0 | 0 | 1,604 | - | - | - | - |
Cost associated with amendments to credit agreements | ||||||||
- | - | - | - | - | 146 | -29 | -66 | 18 |
Proceeds from exercise of stock options | ||||||||
210 | 12 | 14 | 14 | 41 | 5 | 1 | 0 | 11 |
Net cash provided by financing activities | ||||||||
173 | -230 | -4,562 | 36,398 | 1,522 | 6,245 | -1,920 | 1,026 | 4,801 |
Net increase (decrease) in cash and cash equivalents | ||||||||
1,064 | -5,051 | 655 | 5,842 | -3,197 | 11,518 | 498 | 241 | -789 |
Supplemental disclosure of cash flow information: | ||||||||
Cash paid for interest | ||||||||
37 | -349 | 337 | 697 | 358 | 256 | 102 | 75 | 113 |
Cash paid for income taxes | ||||||||
- | -79 | 0 | 268 | 84 | 103 | 95 | 32 | 29 |
Non-cash investing and financing activities: | ||||||||
Other assets included in accounts payable | ||||||||
- | - | 73 | -3 | 4 | -299 | 140 | -39 | 238 |