XML 49 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Cash Flows From Operating Activities    
Net income/(loss) $ 301 $ (1,506)
Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:    
Stock-based compensation 36 0
Depreciation and amortization 1,110 567
Non-cash interest relating to equity-linked securities and loan cost amortization 217 1,071
Non-cash compensation relating to business combination 4,418 0
Changes in operating assets and liabilities, net of those acquired in business combination:    
Accounts receivable (7,081) (327)
Inventories (708) (702)
Prepaid expenses (188) (88)
Accounts payable (565) 785
Accrued compensation (2,854) 0
Accrued expenses, returned goods reserve and deferred revenue 25 205
Net Cash and Cash Equivalents Used in Continuing Operations (5,289) 5
Net Cash Used in Discontinued Operation (195) (142)
Net Cash and Cash Equivalents Used in Operating Activities (5,484) (137)
Cash Flows From Investing Activities    
Cash acquired in business combination 18,198 0
Release of restricted cash 2,260 0
Acquisition of property and equipment (191) (292)
Net Cash and Cash Equivalents Provided by/(Used in) Investing Activities 20,267 (292)
Cash Flows From Financing Activities    
(Repayments)/borrowings under line of credit, net (4,065) 1,001
Payment of debt issuance costs 0 (261)
Proceeds from warrant exercise 809 0
Treasury stock purchases (433) 0
Net Cash and Cash Equivalents (Used in)/Provided by Continuing Operations (3,689) 740
Net Cash Used in Discontinued Operation 0 (300)
Net Cash and Cash Equivalents (Used in)/Provided by Financing Activities (3,689) 440
Change in Cash and Cash Equivalents 11,094 11
Cash and cash equivalents, beginning of period 11 0
Cash and cash equivalents, end of period 11,105 11
Supplemental disclosure for cash flow information:    
Cash paid for interest 250 255
Supplemental non-cash investing and financing activities:    
Issuance of common stock in connection with business combination 40,034 0
Cancellation of Series D, Series C, Series B, and Series A preferred stock 53,726 0
Acquired non-cash net assets 11,597 0
Preferred stock dividends accrued 4,975 6,922
Issuance of common and preferred stock upon cashless warrant exercise 0 5
Issuance of preferred stock upon convertible debt conversion $ 0 $ 17,610