XML 54 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating activities:      
Net income (loss) $ (11,300,000) $ (47,206,000) $ (1,900,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation 1,019,000 1,186,000 811,000
Amortization   245,000 210,000
Share-based compensation expense 509,000 325,000 524,000
Deferred income tax expense (benefit)   8,655,000 (623,000)
Change in fair value of common stock warrant liability (2,026,000)    
Goodwill and other asset impairments   22,012,000  
Changes in operating assets and liabilities, net of effects from acquisitions:      
Accounts receivable, net 1,976,000 7,639,000 2,231,000
Costs in excess of billings on uncompleted contracts 732,000 123,000 (5,328,000)
Inventory, net (1,004,000) 6,554,000 (862,000)
Deferred costs on uncompleted contracts (525,000) 417,000 512,000
Other current assets 860,000 (814,000) 1,041,000
Accounts payable (1,892,000) (13,700,000) 6,993,000
Accrued liabilities (2,454,000) 1,650,000 (1,533,000)
Billings in excess of costs on uncompleted contracts (2,580,000) 830,000 83,000
Deferred revenue and other current liabilities 277,000 (1,994,000) 1,914,000
Payable to Gaiam   1,390,000 (2,108,000)
Net cash provided by (used in) operating activities (16,408,000) (12,688,000) 1,965,000
Investing activities:      
Purchase of property and equipment (576,000) (368,000) (678,000)
Change in restricted cash   172,000 730,000
Purchase of subsidiary (1,166,000)    
Cash from acquired business     3,416,000
Net cash provided by (used in) investing activities (1,742,000) (196,000) 3,468,000
Financing activities:      
Principal borrowings (payments) on related party debt (2,600,000) 5,150,000 1,700,000
Proceeds from issuance of common stock 27,333,000    
Principal borrowings (payments) on revolving line of credit, net (6,498,000) 6,498,000 (3,119,000)
Principal borrowings on term loan 2,000,000    
Principal payments on debt obligations (26,000) (187,000) (2,254,000)
Repurchase of Class A common stock, including related costs     (1,070,000)
Net cash provided by (used in) financing activities 20,209,000 11,461,000 (4,743,000)
Net increase (decrease) in cash 2,059,000 (1,423,000) 690,000
Cash at beginning of year 10,390,000 11,813,000 11,123,000
Cash at end of year 12,449,000 10,390,000 11,813,000
Supplemental cash flow information:      
Income taxes paid 57,000 38,000 208,000
Interest paid 254,000 538,000 187,000
Non-cash items      
Class A common stock issued in conjunction with debt conversion, 62,111 shares 100,000    
Class A common stock issued in conjunction with acquisition, 400,000 shares 916,000   21,576,000
Equity Funding
     
Non-cash items      
Issuance of warrants 17,597,000    
Debt Extension
     
Non-cash items      
Issuance of warrants $ 278,000