XML 18 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows From Operating Activities:    
Net loss $ (3,440) $ (939)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,209 3,323
Provision for doubtful accounts 22 85
Loss on disposal of property, plant and equipment 0 124
Stock-based compensation 73 286
Deferred tax provision 120 120
Amortization of debt discount 1,618 1,239
Amortization of deferred financing costs 115 91
Change in fair value of warrant liability 4 (5,184)
Changes in operating assets and liabilities:    
Accounts receivable (147) 1,275
Inventories (670) 374
Prepaid expenses and other assets 243 168
Accounts payable 403 (1,834)
Other accrued liabilities (115) (686)
Other liabilities 84 (47)
Deferred revenues 178 31
Net cash provided by (used in) operating activities 1,697 (1,574)
Cash Flows From Investing Activities:    
Lasers placed-in-service, net (1,205) (328)
Purchases of property and equipment, net (206) 0
Payments on distributor rights liability (75) 0
Acquisition costs, net of cash received 0 125
Restricted cash 0 15
Net cash used in investing activities (1,486) (188)
Cash Flows From Financing Activities:    
Proceeds from long-term debt 0 1,500
Payments on notes payable (201) (207)
Net cash (used in ) provided by financing activities (201) 1,293
Effect of exchange rate changes on cash 0 7
Net decrease in cash and cash equivalents 10 (462)
Cash and cash equivalents, beginning of period 3,928 3,303
Cash and cash equivalents, end of period 3,938 2,841
Supplemental information:    
Cash paid for interest 1,133 980
Supplemental information of non-cash investing and financing activities:    
Conversion of senior secured convertible debentures into common stock 262 248
Recognition of warrants issued as debt discount 0 47
Reclassification of warrant liabilities to equity 0 1,541
Acquisition of distributor rights asset and license liability $ 900 $ 0