XML 21 R7.htm IDEA: XBRL DOCUMENT v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net earnings (loss) $ (895) $ 2,322
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,174 3,193
Impairment of right of use assets 612
Payment of earnout related to Ambrell acquisition (12,167)
Provision for excess and obsolete inventory 444 391
Foreign exchange loss 26 3
Amortization of deferred compensation related to stock-based awards 671 884
Proceeds from sale of demonstration equipment, net of gain 82 167
Loss on disposal of property and equipment 22 55
Deferred income tax benefit (341) (426)
Changes in assets and liabilities:    
Trade accounts receivable 887 1,244
Inventories (717) (1,058)
Prepaid expenses and other current assets 35 (129)
Restricted certificates of deposit 35
Other assets (4) (1)
Accounts payable 430 197
Accrued wages and benefits (70) (912)
Accrued professional fees (31) 31
Customer deposits and deferred revenue (62) (797)
Accrued sales commission 29 (261)
Operating lease liabilities (1,297) (1,378)
Domestic and foreign income taxes payable (48) 171
Other current liabilities 301 31
Net cash provided by (used in) operating activities 3,248 (8,405)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (658) (620)
Proceeds from sale of property and equipment 10
Net cash used in investing activities (648) (620)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from Paycheck Protection Program loans 2,829
Repayments of Paycheck Protection Program loans (2,829)
Proceeds from revolving credit facility 2,800
Repayments of revolving credit facility (2,800)
Repurchases of common stock (74) (1,142)
Net cash used in financing activities (74) (1,142)
Effects of exchange rates on cash 139 (82)
Net cash provided by (used in) all activities 2,665 (10,249)
Cash and cash equivalents at beginning of period 7,612 17,861
Cash and cash equivalents at end of period 10,277 7,612
Cash payments for:    
Domestic and foreign income taxes 54 535
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of unvested shares of restricted stock 971 837
Forfeiture of unvested shares of restricted stock $ (405) $ (88)