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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 12 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Dec. 31, 2015
Dec. 31, 2014
Operating activities:        
Net income (loss) $ (1,943,628) $ (108,971) $ (833,136) $ 122,486
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:        
Stock based compensation 164,795 48,839 75,534 14,287
Depreciation and amortization 389,487 58,724 121,027 9,048
Provision (recovery) for accounts receivable allowances 8,988 34 (3,915) 574
Provision for inventory reserves 10,450 22,913 18,078 81,843
Reclassification out of Accumulated Other Comprehensive Income (Loss)     0 (360,734)
Changes in operating assets and liabilities:        
Accounts receivable (1,801,446) (149,635) 735,776 (136,768)
Inventories (1,454,910) 313,785 (1,078,181) (92,269)
Prepaid expense and other current assets (193,245) (623,529) (110,942) (45,111)
Accounts payable and accrued expenses 1,084,228 32,970 704,896 (4,593)
Net cash provided by (used in) operating activities (3,735,281) (404,870) (370,863) (411,237)
Investing activities:        
Purchases of plant and equipment (32,303) (45,314) (177,066) (25,165)
Other assets (295,000) 0 (655,000) 0
Net cash provided by (used in) investing activities (327,303) (45,314) (832,066) (25,165)
Financing activities:        
Proceeds from stock option exercise 249,389 19,425 102,620 0
Proceeds from private placement offering 0 3,421,001 3,437,001 0
Proceeds from private placement offering (net of issuance costs) 0 228,960 (16,000) 0
Proceeds from stock rights offering (net of issuance costs)     268,740 0
Issuance costs of stock rights offering     (39,780) 0
Net funds (to) from bank credit lines 2,141,799 (840,585) (840,585) 522,267
Net cash provided by (used in) financing activities 2,391,188 2,828,801 2,911,996 522,267
Effect of exchange rate changes on cash     0 (3,621)
Net change in cash (1,671,396) 2,378,617 1,709,067 82,244
Cash and cash equivalents at beginning of year 1,846,704 137,637 137,637 55,393
Cash and cash equivalents at end of year 175,308 2,516,254 1,846,704 137,637
Cash paid during the period for:        
Cash paid during the period for: Interest 32,115 72,360 72,360 77,225
Cash paid during the period for: Income taxes $ 3,312 $ 5,757 $ 7,363 $ 7,080