XML 35 R7.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings (loss) $ (1,143) $ 1,138
Adjustments to reconcile net earnings (loss) to net cash used in operating activities:    
Depreciation and amortization 791 804
Payment of earnout for 2018 related to Ambrell acquisition (10,048)
Provision for excess and obsolete inventory 171 107
Foreign exchange loss 38 4
Amortization of deferred compensation related to stock-based awards 187 183
Loss on disposal of property and equipment 9
Proceeds from sale of demonstration equipment, net of gain 43
Deferred income tax benefit (93) (89)
Changes in assets and liabilities:    
Trade accounts receivable 1,188 374
Inventories (714) (737)
Prepaid expenses and other current assets 117 (88)
Other assets (4) (6)
Accounts payable 316 721
Accrued wages and benefits (543) (1,192)
Accrued professional fees (105) 182
Customer deposits and deferred revenue 152 (442)
Accrued sales commissions 78 (182)
Operating lease liabilities (323) (341)
Domestic and foreign income taxes payable (207) 258
Other current liabilities (25) (173)
Net cash used in operating activities (119) (9,475)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (80) (141)
Net cash used in investing activities (80) (141)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock (74)
Net cash used in financing activities (74)
Effects of exchange rates on cash (21) (54)
Net cash used in all activities (294) (9,670)
Cash and cash equivalents at beginning of period 7,612 17,861
Cash and cash equivalents at end of period 7,318 8,191
Cash payments for:    
Domestic and foreign income taxes $ 50 $ 1,168