XML 52 R8.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating Activities:    
Net loss $ (688) $ (317)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 748 711
Intangible asset amortization 144 240
Stock-based compensation 562 882
Loss on disposal of property and equipment 7 0
Restructuring costs 63 (3)
Bad debt provision 18 7
Changes in operating assets and liabilities:    
Accounts receivable 3,432 (512)
Inventories 760 38
Prepaid expenses and other assets 470 23
Accounts payable 737 554
Income taxes payable 8 (22)
Other accrued liabilities (2,011) (39)
Deferred revenue 39 (23)
Net cash provided by operating activities 4,289 1,539
Investing Activities:    
Capital expenditures (1,516) (311)
Purchases of short-term investments (9,918) (13,893)
Redemptions/maturities of short-term investments 13,866 14,177
Net cash provided by (used in) investing activities 2,432 (27)
Financing Activities:    
Proceeds from issuance of common stock 59 338
Payment of withholding tax on stock-based compensation (1,106) (743)
Principle payments on finance leases (20) (26)
Purchase of common stock from repurchase program (2,000) 0
Cash dividends (1,032) (1,016)
Net cash used in financing activities (4,099) (1,447)
Net increase in cash and cash equivalents 2,622 65
Effect of exchange rate changes on cash (54) 61
Cash and cash equivalents, beginning of period 7,094 4,329
Cash and Cash Equivalents, End of Period $ 9,662 $ 4,455