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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income (loss) $ 831 $ (950)
Reconciliation of net income (loss) to net cash provided by operating activities    
Depreciation and amortization of fixed assets 395 174
Provision for write down of inventory 268 150
Stock based compensation 843 753
Amortization of debt issuance costs 224 197
Amortization of intangibles 687 705
Foreign currency exchange gain (1,079) (1,553)
Amortization of debt discount on convertible 3.75% senior notes 2,057 1,809
Changes in operating assets and liabilities    
Accounts receivable (3,426) 927
Inventories (1,810) (1,104)
Prepaid expenses and other current receivables (116) (545)
Other assets (30) 8
Accounts payable and accrued expenses 259 1,334
Deferred income 0 (153)
Net cash provided by (used in) operating activities (897) 1,752
Cash flows from investing activities:    
Capital expenditures (5,769) (1,556)
Product acquisition costs 0 (330)
Net cash used in investing activities (5,769) (1,886)
Cash flows from financing activities:    
Proceeds from exercise of common stock options 6 1
Principal payments on capital lease obligations 0 (30)
Recovery from stockholder, net 0 (36)
Net cash provided by (used in) financing activities 6 (65)
Effect of exchange rate on cash and cash equivalents 132 48
Net decrease in cash and cash equivalents (6,660) (199)
Cash and cash equivalents at beginning of period 66,006 [1] 87,191
Cash and cash equivalents at end of period 59,478 87,040
Supplemental Cash flow information:    
Cash payments for interest 0 1
Cash payments for income taxes 43 22
Non cash investing and financing transactions:    
Issuance of stock to a consultant 0 36
Acquisition of capital expenditures 2,298 1,008
Capitalized interest in capital expenditures 485 22
Capitalized stock compensation in capital expenditures 30 0
Restricted Stock    
Non cash investing and financing transactions:    
Issuance of restricted stock $ 0 $ 0
[1] Derived from the audited December 31, 2016 financial statements