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Quarterly Financial Information (Unaudited) (as restated) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information (Unaudited) [Abstract]  
Quarterly Financial Information
The impact of these changes for those above mentioned periods are below:
 
Quarterly Condensed Consolidated Balance Sheet
 
2017
  
Restatement Adjustments as of March 31, 2017
  
2017
 
  
Balance
as of
March 31
as reported
  
Effect
of restatement
January 1
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible
Impairment
  
Deferred
Revenue
  
Balance
as of
March 31
as restated
 
Assets
                        
Current assets:
                        
Cash and cash equivalents
 
$
3,763
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
3,763
 
Accounts receivable, net
  
3,288
                           
3,288
 
Inventories
  
2,670
                           
2,670
 
Prepaid expenses and other current assets
  
804
                           
804
 
Total current assets
  
10,525
                           
10,525
 
                                 
                                 
Property and equipment, net
  
9,975
                           
9,975
 
Intangible assets, net
  
13,858
                           
13,858
 
Goodwill
  
8,803
                           
8,803
 
Other assets
  
46
                           
46
 
Total assets
 
$
43,207
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
43,207
 
                                 
                                 
Liabilities and stockholders’
 equity
                                
Current liabilities:
                                
Note payable
 
$
239
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
239
 
Current portion of long-term debt
  
2,571
                           
2,571
 
Accounts payable
  
2,206
                           
2,206
 
Other accrued liabilities
  
2,214
   
917
   
135
                   
3,266
 
Deferred revenues
  
334
   
1,995
                   
(197
)
  
2,132
 
Total current liabilities
  
7,564
   
2,912
   
135
   
-
   
-
   
-
   
(197
)
  
10,414
 
                                 
Long-term debt, net
  
8,948
                           
8,948
 
Senior secured convertible debentures, net
  
12,695
   
(6,945
)
          
(476
)
          
5,274
 
Derivative liability senior secured convertible debentures
  
-
   
3,158
           
1,738
           
4,896
 
Deferred tax liability
  
419
                           
419
 
Warrant liability
  
237
   
557
       
539
               
1,333
 
Other liabilities
  
752
                           
752
 
                                 
Total liabilities
  
30,615
   
(318
)
  
135
   
539
   
1,262
   
-
   
(197
)
  
32,036
 
                                 
Stockholders’ equity:
                                
Preferred stock Convertible Preferred Stock
  
1
                           
1
 
Common stock
  
2
                           
2
 
Additional paid-in capital
  
225,397
   
(27,814
)
                      
197,583
 
Accumulated deficit
  
(212,810
)
  
28,132
   
(135
)
  
(539
)
  
(1,262
)
      
197
   
(186,417
)
Accumulated other comprehensive income
  
2
                           
2
 
Total stockholders’ equity
  
12,592
   
318
   
(135
)
  
(539
)
  
(1,262
)
  
-
   
197
   
11,171
 
                                 
Total liabilities and stockholders’ equity
 
$
43,207
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
43,207
 

Quarterly Condensed Consolidated Statement of Operations
 
2017
  
Restatement Adjustments for the Three Months Ended March 31, 2017
  
2017
 
  
Three months
ended March 31
as reported
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible
Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Three months
ended March 31
as restated
 
Revenues, net
 
$
7,097
  
$
-
  
$
-
  
$
-
  
$
-
  
$
197
  
$
(25
)
 
$
7,269
 
                                 
Cost of revenues
  
2,733
                           
2,733
 
                                 
Gross profit
  
4,364
   
-
   
-
   
-
   
-
   
197
   
(25
)
  
4,536
 
                                 
Operating expenses:
                                
Engineering and product development
  
475
                           
475
 
Selling and marketing
  
2,975
                           
2,975
 
General and administrative
  
1,601
   
135
                   
(25
)
  
1,711
 
   
5,051
   
135
   
-
   
-
   
-
   
-
   
(25
)
  
5,161
 
                                 
Loss from operations
  
(687
)
  
(135
)
  
-
   
-
   
-
   
197
   
-
   
(625
)
                                 
Other expense, net:
                                
Interest expense, net
  
(1,346
)
          
476
               
(870
)
Change in fair value of warrant liability
  
(132
)
      
(539
)
                  
(671
)
Change in fair value of embedded conversion feature
  
-
           
(1,738
)
              
(1,738
)
Loss on extinguishment of debentures
  
-
                           
-
 
Other expense, net
  
-
       
-
                   
-
 
   
(1,478
)
  
-
   
(539
)
  
(1,262
)
  
-
   
-
   
-
   
(3,279
)
                                 
Loss before income taxes
  
(2,165
)
  
(135
)
  
(539
)
  
(1,262
)
  
-
   
197
   
-
   
(3,904
)
Income tax expense
  
(70
)
                          
(70
)
Net loss
 
$
(2,235
)
 
$
(135
)
 
$
(539
)
 
$
(1,262
)
 
$
-
  
$
197
  
$
-
  
$
(3,974
)
Loss attributable to common shares
 
$
(2,235
)
                         
$
(3,974
)
                                 
Loss per common share
                                
Basic
 
$
(1.03
)
                         
$
(1.83
)
Diluted
 
$
(1.03
)
                         
$
(1.83
)
Shares used in computing loss per common share
                                
Basic
  
2,176,731
                           
2,176,731
 
Diluted
  
2,176,731
                           
2,176,731
 

Quarterly Condensed Consolidated Balance Sheet
 
2017
  
Restatement Adjustments as of June 30, 2017
  
2017
 
  
Balance as of
June 30
as reported
  
Effect of
restatement
April 1
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible
Impairment
  
Deferred
Revenue
  
Balance as of
June 30
as restated
 
Assets
                        
Current assets:
                        
Cash and cash equivalents
 
$
3,938
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
3,938
 
Accounts receivable, net
  
3,560
                           
3,560
 
Inventories
  
3,487
                           
3,487
 
Prepaid expenses and other current assets
  
373
                           
373
 
Total current assets
  
11,358
                   
-
       
11,358
 
                                 
                                 
Property and equipment, net
  
9,396
                           
9,396
 
Intangible assets, net
  
13,298
                           
13,298
 
Goodwill
  
8,803
                           
8,803
 
Other assets
  
47
                           
47
 
Total assets
 
$
42,902
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
42,902
 
                                 
                                 
Liabilities and  stockholders’ equity
                                
Current liabilities:
                                
Note payable
 
$
137
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
137
 
Current portion of long-term debt
  
3,429
                           
3,429
 
Accounts payable
  
2,301
                           
2,301
 
Other accrued liabilities
  
2,160
   
1,052
   
147
                   
3,359
 
Deferred revenues
  
413
   
1,798
                   
(1
)
  
2,210
 
Total current liabilities
  
8,440
   
2,850
   
147
   
-
   
-
   
-
   
(1
)
  
11,436
 
                                 
Long-term debt, net
  
8,150
   
-
                       
8,150
 
Senior secured convertible debentures, net
  
13,386
   
(7,421
)
          
(378
)
          
5,587
 
Derivative liability senior secured convertible debentures
  
-
   
4,896
           
(2,903
)
          
1,993
 
Deferred tax liability
  
479
   
-
                       
479
 
Warrant liability
  
109
   
1,096
       
(529
)
              
676
 
Other liabilities
  
724
                           
724
 
                                 
Total liabilities
  
31,288
   
1,421
   
147
   
(529
)
  
(3,281
)
  
-
   
(1
)
  
29,045
 
                                 
Stockholders’ equity:
                                
Preferred stock Convertible Preferred Stock
  
-
                           
-
 
Common stock
  
3
                           
3
 
Additional paid-in capital
  
225,624
   
(27,814
)
                      
197,810
 
Accumulated deficit
  
(214,015
)
  
26,393
   
(147
)
  
529
   
3,281
       
1
   
(183,958
)
Accumulated other comprehensive income
  
2
                           
2
 
Total stockholders’ equity
  
11,614
   
(1,421
)
  
(147
)
  
529
   
3,281
   
-
   
1
   
13,857
 
                                 
Total liabilities and stockholders’ equity
 
$
42,902
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
42,902
 

Quarterly Condensed Consolidated Statement of Operations
 
2017
  
Restatement Adjustments for the Three Months Ended June 30, 2017
  
2017
 
  
Three months
ended June 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Three months
ended June 30
as restated
 
Revenues, net
 
$
8,471
  
$
-
  
$
-
  
$
-
  
$
-
  
$
1
  
$
(27
)
 
$
8,445
 
                                 
Cost of revenues
  
3,173
                           
3,173
 
                                 
Gross profit
  
5,298
   
-
   
-
   
-
   
-
   
1
   
(27
)
  
5,272
 
                                 
Operating expenses:
                                
Engineering and product development
  
423
                           
423
 
Selling and marketing
  
2,846
                           
2,846
 
General and administrative
  
1,720
   
147
               
-
   
(27
)
  
1,840
 
   
4,989
   
147
   
-
   
-
   
-
   
-
   
(27
)
  
5,109
 
                                 
Income (loss) from operations
  
309
   
(147
)
  
-
   
-
   
-
   
1
   
-
   
163
 
                                 
Other income (expense), net:
                                
Interest expense, net
  
(1,575
)
          
378
               
(1,197
)
Change in fair value of warrant liability
  
128
       
529
                   
657
 
Change in fair value of embedded conversion feature
              
2,903
               
2,903
 
Income (loss) on extinguishment of debentures
  
-
                           
-
 
Other income, net
  
6
       
-
                   
6
 
   
(1,441
)
  
-
   
529
   
3,281
   
-
   
-
   
-
   
2,369
 
                                 
Income (loss) before income taxes
  
(1,132
)
  
(147
)
  
529
   
3,281
   
-
   
1
   
-
   
2,532
 
Income tax expense
  
(73
)
                          
(73
)
Net income (loss)
 
$
(1,205
)
 
$
(147
)
 
$
529
  
$
3,281
  
$
-
  
$
1
  
$
-
  
$
2,459
 
Income (loss) attributable to common shares
 
$
(1,205
)
                         
$
2,459
 
                                 
Earnings (loss) per common share
                                
Basic
 
$
(0.52
)
                         
$
0.90
 
Diluted
 
$
(0.52
)
                         
$
(0.01
)
Shares used in computing earnings (loss) per common share
                                
Basic
  
2,327,041
                           
2,730,131
 
Diluted
  
2,327,041
                           
12,704,269
 

  
2017
  
Restatement Adjustments for the Six Months Ended June 30, 2017
  
2017
 
Quarterly Condensed Consolidated Statement of Operations
 
Six months
ended June 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred Revenue
  
Other Adjustments
  
Six months
ended June 30
as restated
 
Revenues, net
 
$
15,568
  
$
-
  
$
-
  
$
-
  
$
-
  
$
198
  
$
(52
)
 
$
15,714
 
                                 
Cost of revenues
  
5,906
                           
5,906
 
                                 
Gross profit
  
9,662
   
-
   
-
   
-
   
-
   
198
   
(52
)
  
9,808
 
                                 
Operating expenses:
                                
Engineering and product development
  
898
                           
898
 
Selling and marketing
  
5,821
                           
5,821
 
General and administrative
  
3,321
   
282
                   
(52
)
  
3,551
 
   
10,040
   
282
   
-
   
-
   
-
   
-
   
(52
)
  
10,270
 
                                 
Loss from operations
  
(378
)
  
(282
)
  
-
   
-
   
-
   
198
   
-
   
(462
)
                                 
Other (expense) income, net:
                                
Interest expense, net
  
(2,921
)
          
854
               
(2,067
)
Change in fair value of warrant liability
  
(4
)
      
(10
)
                  
(14
)
Change in fair value of embedded conversion feature
              
1,165
               
1,165
 
Loss on extinguishment of debentures
  
-
                           
-
 
Other income, net
  
6
       
-
                   
6
 
   
(2,919
)
  
-
   
(10
)
  
2,019
   
-
   
-
   
-
   
(910
)
                                 
Loss before income taxes
  
(3,297
)
  
(282
)
  
(10
)
  
2,019
   
-
   
198
   
-
   
(1,372
)
Income tax expense
  
(143
)
                          
(143
)
Net loss
 
$
(3,440
)
 
$
(282
)
 
$
(10
)
 
$
2,019
  
$
-
  
$
198
   
-
   
(1,515
)
Loss attributable to common shares
 
$
(3,440
)
                         
$
(1,515
)
                                 
Loss per common share
                                
Basic
 
$
(1.53
)
                         
$
(0.67
)
Diluted
 
$
(1.53
)
                         
$
(0.67
)
Shares used in computing loss per common share
                                
Basic
  
2,252,301
                           
2,252,301
 
Diluted
  
2,252,301
                           
2,252,301
 

Quarterly Condensed Consolidated Balance Sheet
 
2017
  
Restatement Adjustments as of September 30, 2017
  
2017
 
  
Balance as of September 30
as reported
  
Effect of
restatement
July 1
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred
Revenue
  
Balance as of September 30
as restated
 
Assets
                        
Current assets:
                        
Cash and cash equivalents
 
$
3,127
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
3,127
 
Accounts receivable, net
  
3,184
                           
3,184
 
Inventories
  
3,533
                           
3,533
 
Prepaid expenses and other current assets
  
209
                           
209
 
Total current assets
  
10,053
                   
-
       
10,053
 
                                 
                                 
Property and equipment, net
  
8,658
                           
8,658
 
Intangible assets, net
  
12,302
                           
12,302
 
Goodwill
  
8,803
                           
8,803
 
Other assets
  
48
                           
48
 
Total assets
 
$
39,864
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
39,864
 
                                 
                                 
Liabilities and stockholders’ equity
                                
Current liabilities:
                                
Note payable
 
$
34
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
34
 
Current portion of long-term debt
  
1,936
                           
1,936
 
Accounts payable
  
1,907
                           
1,907
 
Other accrued liabilities
  
1,899
   
1,199
   
135
                   
3,233
 
Deferred revenues
  
350
   
1,797
                   
(195
)
  
1,952
 
Total current liabilities
  
6,126
   
2,996
   
135
           
-
   
(195
)
  
9,062
 
                                 
Long-term debt, net
  
8,842
   
-
                       
8,842
 
Senior secured convertible debentures, net
  
-
   
(7,799
)
          
7,799
           
-
 
Derivative liability senior secured convertible debentures
  
-
   
1,993
           
(1,993
)
          
-
 
Deferred tax liability
  
539
   
-
                       
539
 
Warrant liability
  
28
   
567
       
(340
)
              
255
 
Other liabilities
  
412
               


          
412
 
                                 
Total liabilities
  
15,947
   
(2,243
)
  
135
   
(340
)
  
5,806
   
-
   
(195
)
  
19,110
 
                                 
Stockholders’ equity:
                                
Preferred stock Series C Convertible Preferred Stock
  
4
   
-
                       
4
 
Common stock
  
3
   
-
                       
3
 
Additional paid-in capital
  
251,594
   
(27,814
)
                      
223,780
 
Accumulated deficit
  
(227,686
)
  
30,057
   
(135
)
  
340
   
(5,806
)
  
-
   
195
   
(203,035
)
Accumulated other comprehensive income
  
2
   
-
                       
2
 
Total stockholders’ equity
  
23,917
   
2,243
   
(135
)
  
340
   
(5,806
)
  
-
   
195
   
20,754
 
                                 
Total liabilities and stockholders’ equity
 
$
39,864
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
39,864
 

  
2017
  
Restatement Adjustments for Three Months Ended September 30, 2017
  
2017
 
Quarterly Condensed Consolidated Statement of Operations
 
Three months
ended September 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred
Revenue
  
Other A
djustments
  
Three months
ended September 30
as restated
 
Revenues, net
 
$
7,285
  
$
-
  
$
-
  
$
-
  
$
-
  
$
195
  
$
(24
)
 
$
7,456
 
                                 
Cost of revenues
  
3,276
                           
3,276
 
                                 
Gross profit
  
4,009
   
-
   
-
   
-
   
-
   
195
   
(24
)
  
4,180
 
                                 
Operating expenses:
                                
Engineering and product development
  
411
                           
411
 
Selling and marketing
  
2,492
                           
2,492
 
General and administrative
  
1,678
   
135
                   
(24
)
  
1,789
 
   
4,581
   
135
   
-
   
-
   
-
   
-
   
(24
)
  
4,692
 
                                 
Loss from operations
  
(572
)
  
(135
)
              
195
       
(512
)
                                 
Other (expense) income, net:
                                
Interest expense, net
  
(1,343
)
          
562
               
(781
)
Change in fair value of warrant liability
  
81
       
340
                   
421
 
Change in fair value of embedded conversion feature
              
1,993
               
1,993
 
Loss on extinguishment of debentures
  
(11,799
)
          
(8,361
)
              
(20,160
)
Other (expense) income, net
  
-
                           
-
 
   
(13,061
)
  
-
   
340
   
(5,806
)
  
-
   
-
   
-
   
(18,527
)
                                 
Loss before income taxes
  
(13,633
)
  
(135
)
  
340
   
(5,806
)
  
-
   
195
   
-
   
(19,039
)
Income tax expense
  
(38
)
                          
(38
)
Net loss
 
$
(13,671
)
 
$
(135
)
 
$
340
  
$
(5,806
)
 
$
-
  
$
195
  
$
-
  
$
(19,077
)
Loss attributable to common shares
 
$
(8,235
)
                         
$
(11,492
)
Loss attributable to Preferred Series C shares
 
$
(5,436
)
                         
$
(7,585
)
                                 
Loss per common share
                                
Basic
 
$
(3.32
)
                         
$
(4.64
)
Diluted
 
$
(3.32
)
                         
$
(4.64
)
Shares used in computing loss per common share
                                
Basic
  
2,477,743
                           
2,477,743
 
Diluted
  
2,477,743
                           
2,477,743
 
                                 
Loss per Preferred Series C share - basic and diluted
 
$
(1,235.43
)
                         
$
(1,723.84
)
                                 
Shares used in computing loss per basic and diluted Preferred Series C shares
  
4,400
                           
4,400
 

  
2017
  
Restatement Adjustments for the Nine Months Ended September 30, 2017
  
2017
 
Quarterly Condensed Consolidated Statement of Operations
 
Nine months ended September 30
as reported
  
Sales & Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred Revenue
  
Other Adjustments
  
Nine months ended September 30
as restated
 
Revenues, net
 
$
22,852
  
$
-
  
$
-
  
$
-
  
$
-
  
$
393
  
$
(76
)
 
$
23,169
 
                                 
Cost of revenues
  
9,182
                           
9,182
 
                                 
Gross profit
  
13,670
   
-
   
-
   
-
   
-
   
393
   
(76
)
  
13,987
 
                                 
Operating expenses:
                                
Engineering and product development
  
1,309
                           
1,309
 
Selling and marketing
  
8,312
                           
8,312
 
General and administrative
  
4,999
   
417
   
-
               
(76
)
  
5,340
 
   
14,620
   
417
   
-
   
-
   
-
   
-
   
(76
)
  
14,961
 
                                 
Loss from operations
  
(950
)
  
(417
)
  
-
   
-
   
-
   
393
   
-
   
(974
)
                                 
Other (expense) income, net:
                                
Interest expense, net
  
(4,264
)
          
1,416
               
(2,848
)
Change in fair value of warrant liability
  
77
       
330
                   
407
 
Change in fair value of embedded conversion feature
              
3,158
               
3,158
 
Loss on extinguishment of debentures
  
(11,799
)
          
(8,361
)
              
(20,160
)
Other (expense) income, net
  
6
       
-
   
-
               
6
 
   
(15,980
)
  
-
   
330
   
(3,787
)
  
-
   
-
   
-
   
(19,437
)
                                 
Loss before income taxes
  
(16,930
)
  
(417
)
  
330
   
(3,787
)
  
-
   
393
   
-
   
(20,411
)
Income tax expense
  
(181
)
                          
(181
)
Net loss
 
$
(17,111
)
 
$
(417
)
 
$
330
  
$
(3,787
)
 
$
-
  
$
393
  
$
-
  
$
(20,592
)
Loss attributable to common shares
 
$
(13,835
)
                         
$
(16,650
)
Loss attributable to Preferred Series C shares
 
$
(3,276
)
                         
$
(3,942
)
                                 
Loss per common share
                                
Basic
 
$
(5.94
)
                         
$
(7.15
)
Diluted
 
$
(5.94
)
                         
$
(7.15
)
Shares used in computing loss per common share
                                
Basic
  
2,328,274
                           
2,328,274
 
Diluted
  
2,328,274
                           
2,328,274
 
                                 
Loss per Preferred Series C share - basic and diluted
 
$
(2,208.96
)
                         
$
(2,658.44
)
                                 
Shares used in computing loss per basic and diluted Preferred Series C shares
  
1,483
                           
1,483
 

Condensed Consolidated Statements of Cash Flows:
 
For the 2017, Three, Six and Nine Months Ended
(as restated)
 
  
March 31
  
June 30
  
September 30
 
Cash Flows From Operating Activities:
         
Net loss
 
$
(3,974
)
 
$
(1,515
)
 
$
(20,592
)
Adjustments to reconcile net loss to net cash provided by operating activities:
            
Depreciation and amortization
  
1,543
   
3,209
   
4,811
 
Provision for doubtful accounts
  
-
   
22
   
58
 
Gain on cancellation of distributor rights agreement
  
-
   
-
   
(40
)
Impairment of intangible assets
  
-
   
-
   
23
 
Stock-based compensation
  
52
   
73
   
136
 
Deferred taxes
  
60
   
120
   
180
 
Loss on extinguishment of debentures
  
-
   
-
   
20,160
 
Amortization of debt discount
  
247
   
765
   
927
 
Amortization of deferred financing costs
  
54
   
115
   
171
 
Change in fair value of warrant liability
  
671
   
14
   
(407
)
Change in fair value of embedded conversion feature
  
1,738
   
(1,165
)
  
(3,158
)
Changes in operating assets and liabilities:
            
Accounts receivable
  
102
   
(147
)
  
130
 
Inventories
  
147
   
(670
)
  
(716
)
Prepaid expenses and other assets
  
(188
)
  
243
   
406
 
Accounts payable
  
354
   
403
   
71
 
Other accrued liabilities
  
74
   
167
   
255
 
Other liabilities
  
36
   
84
   
108
 
Deferred revenues
  
(98
)
  
(20
)
  
(278
)
Net cash provided by operating activities
  
818
   
1,697
   
2,246
 
             
Cash Flows From Investing Activities:
            
Lasers placed-in-service
  
(683
)
  
(1,205
)
  
(1,451
)
Purchases of property and equipment
  
(200
)
  
(206
)
  
(320
)
Payments on distributor rights liability
  
-
   
(75
)
  
(115
)
Net cash used in investing activities
  
(883
)
  
(1,486
)
  
(1,886
)
             
Cash Flows From Financing Activities:
            
Repayments of long-term debt
  
-
   

   
(857
)
Payments on notes payable
  
(100
)
  
(201
)
  
(304
)
Net cash used in financing activities
  
(100
)
  
(201
)
  
(1,161
)
             
Net (decrease) increase in cash and cash equivalents
  
(165
)
  
10
   
(801
)
Cash and cash equivalents, beginning of period
  
3,928
   
3,928
   
3,928
 
             
Cash and cash equivalents, end of period
 
$
3,763
  
$
3,938
  
$
3,127
 
 
The impact from these changes for those above mentioned periods are below:

Quarterly Condensed Consolidated Balance Sheet
 
2018
  
Restatement Adjustments as of March 31, 2018
  
2018
 
  
Balance as of
March 31
as reported
  
Effect of
restatement
January 1
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Balance as of
March 31
as restated
 
Assets
                     
Current assets:
                     
Cash and cash equivalents
 
$
3,417
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
3,417
 
Accounts receivable, net
  
2,491
                       
2,491
 
Inventories
  
3,029
                       
3,029
 
Prepaid expenses and other current assets
  
1,379
                       
1,379
 
Total current assets
  
10,316
   
-
   
-
   
-
   
-
   
-
   
10,316
 
                             
Property and equipment, net
  
6,916
                       
6,916
 
Intangible assets, net
  
10,672
   
500
           
(50
)
      
11,122
 
Goodwill
  
8,803
                       
8,803
 
Other assets
  
48
                       
48
 
Total assets
 
$
36,755
  
$
500
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
37,205
 
                             
                             
Liabilities and stockholders’ equity
                            
Current liabilities:
                            
Notes payable
 
$
252
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
252
 
Current portion of long-term debt
  
3,410
                       
3,410
 
Accounts payable
  
2,658
                       
2,658
 
Other accrued liabilities
  
2,216
   
1,221
   
104
               
3,541
 
Deferred revenues
  
440
   
1,580
               
(295
)
  
1,725
 
Total current liabilities
  
8,976
   
2,801
   
104
   
-
   
-
   
(295
)
  
11,586
 
                             
Notes payable
                            
Long-term debt, net
  
6,869
                       
6,869
 
Deferred tax liability
  
454
                       
454
 
Warrant liability
  
-
   
64
       
(40
)
          
234
 
Other liabilities
  
649
           

          
647
 
                             
Total liabilities
  
16,948
   
2,865
   
104
   
(40
)
  
-
   
(295
)
  
19,582
 
                             
Stockholders’ equity:
                            
Preferred stock - Series C Convertible Preferred stock
  
4
                       
4
 
Common stock
  
4
                       
4
 
Additional paid-in capital
  
251,662
   
(27,814
)
                  
223,848
 
Accumulated deficit
  
(231,863
)
  
25,449
   
(104
)
  
40
   
(50
)
  
295
   
(206,233
)
Accumulated other comprehensive income
  
-
                       
-
 
Total stockholders’ equity
  
19,807
   
(2,365
)
  
(104
)
  
40
   
(50
)
  
295
   
17,623
 
                             
Total liabilities and stockholders’ equity
 
$
36,755
  
$
500
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
37,205
 

  
2018
  
Restatement Adjustments as of March 31, 2018
  
2018
 
Quarterly Condensed Consolidated Statement of Operations
 
Three months
ended March 31
as reported
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Other Adjustments
  
Three months
ended March 31
as restated
 
Revenues, net
 
$
6,466
  $-
 $
-
  $-
  
$
295
  
$
(23
)
 
$
6,738
 
                          
Cost of revenues
  
3,295
         
50
           
3,345
 
                           
Gross profit
  
3,171
   
-
   
-
   
(50
)
  
295
   
(23
)
  
3,393
 
                             
Operating expenses:
                            
Engineering and product development
  
338
                       
338
 
Selling and marketing
  
2,871
                       
2,871
 
General and administrative
  
1,803
   
104
               
(23
)
  
1,884
 
   
5,012
   
104
   
-
   
-
   
-
   
(23
)
  
5,093
 
                             
Loss from operations
  
(1,841
)
  
(104
)
  
-
   
(50
)
  
295
   
-
   
(1,700
)
                             
Other (expenses) income, net:
                            
Interest expense, net
  
(363
)
                      
(363
)
Change in fair value of warrant liability
  
-
       
40
               
40
 
Other (expense) income, net
  
21
                       
21
 
   
(342
)
  
-
   
40
   
-
   
-
   
-
   
(302
)
                             
Loss before income taxes
  
(2,183
)
  
(104
)
  
40
   
(50
)
  
295
   
-
   
(2,002
)
Income tax expense
  
(40
)
                      
(40
)
Net loss
 
$
(2,223
)
 
$
(104
)
 
$
40
  
$
(50
)
 
$
295
  
$
-
  
$
(2,042
)
Loss attributable to common shares
 
$
(547
)
                     
$
(504
)
Loss attributable to Preferred Series C shares
 
$
(1,676
)
                     
$
(1,537
)
                             
Loss per common share
                            
Basic
 
$
(0.13
)
                     
$
(0.12
)
Diluted
 
$
(0.13
)
                     
$
(0.12
)
Shares used in computing loss per common share
                            
Basic
  
4,371,369
                       
4,371,369
 
Diluted
  
4,371,369
                       
4,371,369
 
                             
Loss per Preferred Series C share - basic and diluted
 
$
(46.54
)
                     
$
(42.69
)
                             
Shares used in computing loss per basic and diluted Preferred Series C shares
  
36,002
                       
36,002
 

Quarterly Condensed Consolidated Balance Sheet
 
2018
  
Restatement Adjustments as of June 30, 2018
  
2018
 
  
Balance as of
June 30
as reported
  
Effect of
restatement
April 1, ‘18
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Balance as of
June 30
as restated
 
Assets
                     
Current assets:
                     
Cash and cash equivalents
 
$
14,445
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
14,445
 
Accounts receivable, net
  
2,574
                       
2,574
 
Inventories
  
2,413
                       
2,413
 
Prepaid expenses and other current assets
  
828
                       
828
 
Total current assets
  
20,260
   
-
   
-
   
-
   
-
   
-
   
20,260
 
                             
                             
Property and equipment, net
  
6,271
                       
6,271
 
Intangible assets, net
  
10,270
   
450
           
(50
)
      
10,670
 
Goodwill
  
8,803
                       
8,803
 
Other assets
  
48
                       
48
 
Total assets
 
$
45,652
  
$
450
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
46,052
 
                             
                             
Liabilities and stockholders’ equity
                            
Current liabilities:
                            
Notes payable
 
$
51
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
51
 
Current portion of long-term debt
  
-
                       
-
 
Accounts payable
  
1,477
                       
1,477
 
Other accrued liabilities
  
2,330
   
1,325
   
99
               
3,754
 
Deferred revenues
  
393
   
1,285
               
124
   
1,802
 
Total current liabilities
  
4,251
   
2,610
   
99
   
-
   
-
   
124
   
7,084
 
                             
Notes payable
                            
Long-term debt, net
  
7,321
                       
7,321
 
Deferred tax liability
  
493
                       
493
 
Warrant liability
  
-
   
23
       
240
           
263
 
Other liabilities
  
287
   
1

                  
288
 
                             
Total liabilities
  
12,352
   
2,634
   
99
   
240
   
-
   
124
   
15,449
 
                             
Stockholders’ equity:
                            
Preferred Stock - Series C Convertible Preferred Stock
  
1
                       
1
 
Common stock
  
30
                       
30
 
Additional paid-in capital
  
266,487
   
(27,814
)
                  
238,673
 
Accumulated deficit
  
(233,218
)
  
25,630
   
(99
)
  
(240
)
  
(50
)
  
(124
)
  
(208,101
)
Accumulated other Comprehensive income
  
-
                       
-
 
Total stockholders’ equity
  
33,300
   
(2,184
)
  
(99
)
  
(240
)
  
(50
)
  
(124
)
  
30,603
 
                             
Total liabilities and stockholders’ equity
 
$
45,652
  
$
450
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
46,052
 

  
2018
  
Restatement Adjustments for the three months ended June 30, 2018
  
2018
 
Quarterly Condensed Consolidated Statement of Operations
 
Three months
ended June 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Three months
ended June 30
as restated
 
Revenues, net
 
$
7,533
  
$
   
$
-
  
$
-
  
$
(124
)
 
$
(21
)
 
$
7,388
 
                             
Cost of revenues
  
3,499
           
50
           
3,549
 
                             
Gross profit
  
4,034
   
-
   
-
   
(50
)
  
(124
)
  
(21
)
  
3,839
 
                             
Operating expenses:
                            
Engineering and product development
  
269
                       
269
 
Selling and marketing
  
2,378
                       
2,378
 
General and administrative
  
2,333
   
99
               
(21
)
  
2,411
 
   
4,980
   
99
   
-
   
-
   
-
   
(21
)
  
5,058
 
                             
Loss from operations
  
(946
)
  
(99
)
  
-
   
(50
)
  
(124
)
  
-
   
(1,219
)
                             
Other (expense) income, net:
                            
Interest expense, net
  
(328
)
                      
(328
)
Change in fair value of warrant liability
  
(23
)
      
(240
)
              
(263
)
Other expense, net
  
(18
)
                      
(18
)
   
(369
)
  
-
   
(240
)
  
-
   
-
   
-
   
(609
)
                             
Loss before income taxes
  
(1,315
)
  
(99
)
  
(240
)
  
(50
)
  
(124
)
  
-
   
(1,828
)
Income tax expense
  
(40
)
                      
(40
)
Net loss
 
$
(1,355
)
 
$
(99
)
 
$
(240
)
 
$
(50
)
 
$
(124
)
 
$
-
  
$
(1,868
)
Loss attributable to common shares
 
$
(797
)
                     
$
(1,081
)
Loss attributable to Preferred Series C shares
 
$
(558
)
                     
$
(787
)
                             
Loss per common share
                            
Basic
 
$
(0.06
)
                     
$
(0.08
)
Diluted
 
$
(0.06
)
                     
$
(0.08
)
Shares used in computing loss per common share
                            
Basic
  
13,734,384
                       
13,734,384
 
Diluted
  
13,734,384
                       
13,724,384
 
                             
Loss per Preferred Series C share - basic and diluted
 
$
(21.60
)
                     
$
(30.49
)
                             
Shares used in computing loss per basic and diluted Preferred Series C shares
  
25,847
                       
25,847
 

  
2018
  
Restatement Adjustments for the Six Months Ended June 30, 2018
  
2018
 
Quarterly Condensed Consolidated Statement of Operations
 
Six months
ended June 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Six months
ended June 30
as restated
 
Revenues, net
 
$
13,999
  
$
-
  
$
-
  
$
-
  
$
171
  
$
(44
)
 
$
14,126
 
                             
Cost of revenues
  
6,793
   
-
   
-
   
100
   
-
   
-
   
6,893
 
                             
Gross profit
  
7,206
   
-
   
-
   
(100
)
  
171
   
(44
)
  
7,233
 
                             
Operating expenses:
                            
Engineering and product development
  
607
   
-
   
-
   
-
   
-
   
-
   
607
 
Selling and marketing
  
5,249
   
-
   
-
   
-
   
-
   
-
   
5,249
 
General and administrative
  
4,136
   
203
   
-
   
-
   
-
   
(44
)
  
4,295
 
   
9,992
   
203
   
-
   
-
   
-
   
(44
)
  
10,151
 
                             
Loss from operations
  
(2,786
)
  
(203
)
  
-
   
(100
)
  
171
   
-
   
(2,918
)
                             
Other (expense) income , net:
                            
Interest expense, net
  
(691
)
  
-
   
-
   
-
   
-
   
-
   
(691
)
Change in fair value of warrant liability
  
(22
)
  
-
   
(197
)
  
-
   
-
       
(219
)
Other (expense) income , net
  
1
   
-
   
-
   
-
   
-
       
1
 
   
(712
)
  
-
   
(197
)
  
-
   
-
   
-
   
(909
)
                             
Loss before income taxes
  
(3,498
)
  
(203
)
  
(197
)
  
(100
)
  
171
   
-
   
(3,827
)
Income tax expense
  
(80
)
                      
(80
)
Net loss
 
$
(3,578
)
 
$
(203
)
 
$
(197
)
 
$
(100
)
 
$
171
  
$
-
  
$
(3,907
)
Loss attributable to common shares
  
(1,580
)
                     
$
(1,724
)
Loss attributable to Preferred Series C shares
  
(1,998
)
                     
$
(2,182
)
                             
Loss per common share
                            
Basic
 
$
(0.17
)
                     
$
(0.19
)
Diluted
 
$
(0.17
)
                     
$
(0.19
)
Shares used in computing loss per common share
                            
Basic
  
9,078,741
                       
9,078,741
 
Diluted
  
9,078,741
                       
9,078,741
 
                             
Loss per Preferred Series C share - basic and diluted
 
$
(64.69
)
                     
$
(70.63
)
                             
Shares used in computing loss per basic and diluted Preferred Series C shares
  
30,897
                       
30,897
 

Quarterly Condensed Consolidated Balance Sheet
 
2018
  
Restatement Adjustments as of September 30, 2018
  
2018
 
  
Balance as of September 30
as reported
  
Effect of
restatement
July 1
  
Sales &
Use Tax
  
Warrants
  
Debentures
  
Intangible Impairment
  
Deferred
Revenue
  
Balance as of September 30
as restated
 
Assets
                        
Current assets:
                        
Cash and cash equivalents
 
$
15,888
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
15,888
 
Accounts Receivable, net
  
2,728
                           
2,728
 
Inventories
  
2,488
                           
2,488
 
Prepaid expenses and other current assets
  
670
                           
670
 
Total current assets
  
21,774
   
-
   
-
   
-
   
-
   
-
   
-
   
21,774
 
                                 
                                 
Property and Equipment, net
  
5,698
                           
5,698
 
intangible assets, net
  
9,867
   
400
               
(50
)
      
10,217
 
Goodwill
  
8,803
                           
8,803
 
Other assets
  
48
                           
48
 
Total assets
 
$
46,190
  
$
400
  
$
-
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
46,540
 
                                 
                                 
Liabilities and stockholders’ equity
                                
Current liabilities:
                                
Accounts payable
 
$
1,663
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
1,663
 
Other accrued liabilities
  
2,697
   
1,424
   
128
                   
4,247
 
Warrant liability
  
104
   
108
       
514
               
726
 
Deferred revenues
  
327
   
1,409
                   
140
   
1,877
 
Total current liabilities
  
4,791
   
2,941
   
128
   
514
           
140
   
9,512
 
                                 
Long-term debt, net
  
7,362
                           
7,362
 
Deferred tax liability
  
392
                           
392
 
Warrant liability
  
-
   
155
       
460
               
615
 
Other liabilities
  
268
   
1
                       
269
 
Total liabilities
  
12,813
   
3,096
   
128
   
974
       
-
   
140
   
17,149
 
                                 
Stockholders’ equity
                                
Preferred stock -Series C Convertible Preferred stock
  
1
                           
1
 
Common stock
  
30
                           
30
 
Additional paid-in capital
  
266,854
   
(27,814
)
                      
239,040
 
Accumulated deficit
  
(233,508
)
  
25,117
   
(128
)
  
(974
)
      
(50
)
  
(140
)
  
(209,683
)
Total stockholders’ equity
  
33,377
   
(2,697
)
  
(128
)
  
(974
)
      
(50
)
  
(140
)
  
29,388
 
                                 
Total liabilities and stockholders’ equity
 
$
46,190
  
$
400
  
$
-
  
$
-
  
$
-
  
$
(50
)
 
$
-
  
$
46,540
 

  
2018
  
Restatement Adjustments for the Three Months Ended September 30, 2018
  
2018
 
Quarterly Condensed Consolidated Statement of Operations
 
Three months ended September 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Three months ended September 30
as restated
 
Revenues, net
 
$
7,892
  
$
-
  
$
-
  
$
-
  
$
(140
)
 
$
(23
)
 
$
7,729
 
                             
Cost of revenues
  
3,049
           
50
           
3,099
 
                             
Gross profit
  
4,843
   
-
   
-
   
(50
)
  
(140
)
  
(23
)
  
4,630
 
                             
Operating expenses:
                            
Engineering and product development
  
224
                       
224
 
Selling and marketing
  
2,487
                       
2,487
 
General and administrative
  
2,184
   
128
               
(23
)
  
2,289
 
   
4,895
   
128
   
-
   
-
   
-
   
(23
)
  
5,000
 
                             
Loss from operations
  
(52
)
  
(128
)
      
(50
)
  
(140
)
  
-
   
(370
)
                             
Other expense, net:
                            
Interest expense, net
  
(239
)
                      
(239
)
Change in fair value of warrant liability
  
(79
)
      
(974
)
              
(1,053
)
Other expense, net
  
-
                       
-
 
   
(318
)
  
-
   
(974
)
  
-
   
-
   
-
   
(1,292
)
                             
Loss before income taxes
  
(370
)
  
(128
)
  
(974
)
  
(50
)
  
(140
)
  
-
   
(1,662
)
Income tax expense
  
80
                       
80
 
Net loss
 
$
(290
)
 
$
(128
)
 
$
(974
)
 
$
(50
)
 
$
(140
)
 
$
-
  
$
(1,582
)
Loss attributable to common shares
 
$
(257
)
                     
$
(1,387
)
Loss attributable to Preferred Series C shares
 
$
(33
)
                     
$
(195
)
                             
Loss per common share
                            
Basic
 
$
(0.01
)
                     
$
(0.05
)
Diluted
 
$
(0.01
)
                     
$
(0.05
)
Shares used in computing loss per common share
                            
Basic
  
29,912,827
                       
29,912,827
 
Diluted
  
29,912,827
                       
29,812,827
 
                             
Loss per Preferred Series C share - basic and diluted
 
$
(3.23
)
                     
$
(19.38
)
                             
Shares used in computing loss per basic and diluted Preferred Series C shares
  
10,049
                       
10,049
 
                             

  
2018
  
Restatement Adjustments for the Nine Months Ended September 30, 2018
  
2018
 
Quarterly Condensed Consolidated Statement of Operations
 
Nine months ended September 30
as reported
  
Sales &
Use Tax
  
Warrants
  
Intangible
Impairment
  
Deferred
Revenue
  
Other
Adjustments
  
Nine months ended September 30
as restated
 
Revenues, net
 
$
21,892
  
$
-
  
$
-
  
$
-
  
$
31
  
$
(67
)
 
$
21,856
 
                             
Cost of revenues
  
9,842
   
-
   
-
   
150
   
-
   
-
   
9,992
 
                             
Gross profit
  
12,050
   
-
   
-
   
(150
)
  
31
   
(67
)
  
11,864
 
                             
Operating expenses:
                            
Engineering and product development
  
831
   
-
   
-
   
-
   
-
   
-
   
831
 
Selling and marketing
  
7,737
   
-
   
-
   
-
   
-
   
-
   
7,737
 
General and administrative
  
6,319
   
331
   
-
   
-
   
-
   
(67
)
  
6,583
 
   
14,887
   
331
   
-
   
-
   
-
   
(67
)
  
15,151
 
                             
Loss from operations
  
(2,837
)
  
(331
)
  
-
   
(150
)
  
31
   
-
   
(3,287
)
                             
Other expense, net:
                            
Interest expense, net
  
(930
)
  
-
   
-
   
-
   
-
   
-
   
(930
)
Change in fair value of warranty liability
  
(101
)
  
-
   
(1,171
)
  
-
   
-
       
(1,272
)
Other income (expense), net
  
-
   
-
   
-
   
-
   
-
       
-
 
   
(1,031
)
  
-
   
(1,171
)
  
-
   
-
   
-
   
(2,202
)
                             
Loss before income taxes
  
(3,868
)
  
(331
)
  
(1,171
)
  
(150
)
  
30
       
(5,489
)
Income tax expense
  
-
                       
-
 
Net loss
 
$
(3,868
)
 
$
(331
)
 
$
(1,171
)
 
$
(150
)
 
$
31
  
$
-
  
$
(5,489
)
Loss attributable to common shares
 
$
(2,493
)
                     
$
(3,539
)
Loss attributable to Preferred Series C shares
 
$
(1,375
)
                     
$
(1,950
)
                             
Loss per common share
                            
Basic
 
$
(0.15
)
                     
$
(0.22
)
Diluted
 
$
(0.15
)
                     
$
(0.22
)
Shares used in computing loss per common share
                            
Basic
  
16,099,752
                       
16,099,752
 
Diluted
  
16,099,752
                       
16,099,752
 
                             
Loss per Preferred Series C share - basic and diluted
 
$
(57.58
)
                     
$
(81.70
)
                             
Shares used in computing loss per basic and diluted Preferred Series C shares
  
23,872
                       
23,872
 

Condensed Consolidated Statements of Cash Flows:
 
For the 2018, Three, Six and Nine Months Ended
(as restated)
 
  
March 31
  
June 30
  
September 30
 
Cash Flows From Operating Activities:
         
Net loss
 
$
(2,039
)
 
$
(3,907
)
 
$
(5,489
)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
            
Depreciation and amortization
  
1,463
   
2,841
   
4,143
 
Provision for doubtful accounts
  
-
   
(49
)
  
53
 
•          Loss (gain) on cancellation of distributor rights agreement
  
226
   
(11
)
  
(11
)
Stock-based compensation
  
19
   
203
   
570
 
Deferred taxes
  
40
   
80
   
(22
)
Loss on disposal of property and equipment and impairment of lasers placed in service
  
182
   
411
   
503
 
Amortization of debt discount
  
19
   
39
   
44
 
Amortization of deferred financing costs
  
21
   
42
   
79
 
Change in fair value of warrant liability
  
(41
)
  
197
   
1,272
 
Change in fair value of embedded conversion feature
  
-
   
-
   
-
 
Changes in operating assets and liabilities:
            
Accounts receivable
  
650
   
710
   
361
 
Inventories
  
(20
)
  
596
   
521
 
Prepaid expenses and other assets
  
(669
)
  
(296
)
  
(137
)
Accounts payable
  
381
   
(895
)
  
(614
)
Other accrued liabilities
  
(19
)
  
(3
)
  
754
 
Other liabilities
  
227
   
255
   
(3
)
Deferred revenues
  
(380
)
  
(303
)
  
(229
)
Net cash provided by (used in) operating activities
  
60
   
(68
)
  
1,795
 
             
Cash Flows From Investing Activities:
            
Lasers placed-in-service
  
(375
)
  
(885
)
  
(1,254
)
Purchases of property and equipment
  
(6
)
  
(6
)
  
(6
)
Payments on distributor rights liability
  
(24
)
  
(23
)
  
(23
)
Net cash used in investing activities
  
(405
)
  
(914
)
  
(1,283
)
             
Cash Flows From Financing Activities:
            
Proceeds from issuance of common stock
  
-
   
14,664
   
14,664
 
Offering costs
  
(202
)
  
-
   
-
 
Repayments of long-term debt
  
-
   
(3,000
)
  
(3,000
)
Payments on notes payable
  
(105
)
  
(306
)
  
(357
)
Net cash (used in) provided by financing activities
  
(307
)
  
11,358
   
11,307
 
             
Effect of exchange rate changes on cash
  
-
   
-
   
-
 
Net (decrease) increase in cash and cash equivalents
  
(652
)
  
10,376
   
11,819
 
Cash and cash equivalents, beginning of period
  
4,069
   
4,069
   
4,069
 
             
Cash and cash equivalents, end of period
 
$
3,417
  
$
14,445
  
$
15,888