| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities | ||||||
Net Loss | ||||||
-1,700 | -2,022 | -3,710 | -346 | -237 | ||
Adjustments to reconcile net loss to net cash and cash equivalents provided by (used in) operating activities: | ||||||
Bad debt expense (recoveries) | ||||||
350 | -13 | 191 | 0 | - | ||
Depreciation and amortization | ||||||
545 | 658 | 387 | 337 | 315 | ||
Inventory write-down | ||||||
90 | - | - | - | - | ||
Provision for product warranties | ||||||
288 | 121 | 237 | 32 | 34 | ||
Stock based compensation | ||||||
620 | 982 | 405 | 726 | 6 | ||
Decrease (increase) in: | ||||||
Accounts receivable | ||||||
1,215 | 8,174 | 2,051 | 1,027 | 1,663 | ||
Inventories | ||||||
1,698 | 661 | -118 | 3,324 | 288 | ||
Prepaid and other current assets | ||||||
-483 | 1,184 | -333 | 777 | 334 | ||
Increase (decrease) in: | ||||||
Accounts payable and accrued expenses | ||||||
-676 | 1,098 | 1,305 | 633 | 1,226 | ||
Deferred revenue | ||||||
1,042 | 763 | -144 | -65 | -364 | ||
Product warranties | ||||||
-237 | -132 | -131 | -40 | -33 | ||
Total Adjustments | ||||||
-406 | -6,540 | 653 | -504 | -1,102 | ||
Net Cash Provided By (Used In) Operating Activities | ||||||
-2,106 | -8,563 | -3,056 | -851 | -1,339 | ||
Cash Flows from Investing Activities | ||||||
Acquisition of property and equipment | ||||||
400 | 854 | 287 | 285 | 196 | ||
Investment in debt securities - held to maturity | ||||||
7,797 | 2,892 | 0 | 7,865 | 0 | ||
Investments matured | ||||||
3,300 | 1,104 | 6,461 | 299 | 0 | ||
Net Cash Provided By (Used In) Investing Activities | ||||||
-4,897 | -2,642 | - | - | - | ||
Net Cash Provided By (Used In) Investing Activities | ||||||
- | - | 6,173 | -7,852 | -196 | ||
Cash Flows from Financing Activities | ||||||
Offering of common stock | ||||||
- | 17,249 | 0 | 12,650 | 2,200 | ||
Revolving credit facility, net | ||||||
- | -2,214 | 2,214 | -422 | 47 | ||
Offering costs | ||||||
- | 1,402 | 0 | 2,126 | 185 | ||
Withholding taxes on stock compensation | ||||||
-118 | -118 | -289 | 0 | - | ||
Exercise of warrants | ||||||
- | - | 0 | 1,132 | 0 | ||
Exercise of warrants | ||||||
2,739 | 90 | - | - | - | ||
Cash dividends on preferred stock | ||||||
- | - | 0 | 2,552 | 0 | ||
Net Cash Provided By (Used In) Financing Activities | ||||||
2,620 | 13,604 | - | - | - | ||
Net Cash Provided By Financing Activities | ||||||
- | - | 1,925 | 8,680 | 2,061 | ||
Net Increase (Decrease) in Cash and Cash Equivalents | ||||||
-4,383 | 2,398 | 5,042 | -22 | 526 | ||
Supplemental Disclosure of Cash Flow Information | ||||||
Interest Paid | ||||||
- | 156 | 43 | 23 | 17 | ||
Non-Cash Investing and Financing Activities | ||||||
Reclassification of prepaid offering costs to APIC | ||||||
- | - | 0 | 130 | 0 | ||
Transfer of inventory to property and equipment | ||||||
240 | 203 | 35 | 67 | - | ||
Lease liabilities arising from obtaining right-of-use-assets | ||||||
1,714 | - | - | - | - | ||
Transfer of inventory units to property and equipment | ||||||
- | - | - | - | 83 | ||