XML 86 R7.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows used in operating activities:    
Net loss $ (1,151) $ (4,703)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,583 3,167
Loss on extinguishment of debt, net   1,369
Accretion of interest on long-term payment obligation 53 229
Amortization of debt issuance costs 52 337
Stock-based compensation expense 2,650 2,646
Changes in operating assets and liabilities:    
Accounts receivable (2,754) (68)
Inventories (2,278) (959)
Prepaid expenses and other assets 569 (1,297)
Accounts payable 2,756 (1,819)
Payment obligation liability (1,267) (1,230)
Deferred revenue (11) (1,449)
Accrued expenses and other liabilities (1,775) (1,419)
Net cash provided by (used in) operating activities 427 (5,196)
Cash flows from investing activities:    
Capital expenditures (289) (1,346)
Purchase of unsecured convertible notes (50)  
Acquisition of business, net of cash acquired (1,287) (2,027)
Proceeds on sale of investment 142  
Net cash used in investing activities (1,484) (3,373)
Cash flows from financing activities:    
Proceeds from issuance of debt, net of issuance costs 6,260 21,801
Repayments of debt (3,610) (28,214)
Repayments of notes payable (2,000)  
Taxes paid related to net share settlement of restricted stock units (890) (668)
Proceeds from issuance of Series B preferred stock, net of issuance costs   7,876
Proceeds from exercise of stock options 13 13
Net cash (used in) provided by financing activities (227) 808
Effect of exchange rates on cash (199) (425)
Net decrease in cash (1,483) (8,186)
Cash and cash equivalents at beginning of period 10,866 19,052
Cash and cash equivalents at end of period 9,383 10,866
Supplemental Disclosures of Cash Flow Information:    
Interest paid 857 1,787
Taxes paid, net 220 179
Non-cash investing and financing activities:    
Cancelation of holdback shares in connection with acquisition 340  
Dividends earned on Series B preferred stock 1,042 833
Issuance of shares to non-employees   12
Liquidation of subsidiary with noncontrolling interest 170  
Promissory notes issued in acquisition of business   2,000
Common Stock    
Non-cash investing and financing activities:    
Common stock issued for acquisition of businesses $ 1,635 $ 5,132