XML 18 R7.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
OPERATING ACTIVITIES    
Net income $ 9 $ 438
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 233 224
Amortization of finite-lived intangible assets 38 37
Stock-based compensation 97 47
Loss from equity investment in unconsolidated subsidiary 752 139
Unrealized (gain) loss on marketable securities (202) 107
Deferred income tax expense 56 112
Changes in operating assets and liabilities:    
Increase in accounts receivable, net (532) (25)
Increase in inventories, net (268) (2)
(Increase) decrease in prepaid expenses and other assets (33) 179
Decrease in accounts payable, accrued compensation and commissions and other (102) (385)
Net cash provided by operating activities 48 871
INVESTING ACTIVITIES    
Subscription agreement funding (Note C) (2,725)  
Capital expenditures (400) (105)
Net cash used in investing activities (3,125) (105)
FINANCING ACTIVITIES    
Net proceeds from revolving credit agreement   103
Proceeds from at-the-market stock sales   3,254
Proceeds from stock option exercise   63
Net cash provided by financing activities   3,420
(Decrease) increase in cash and cash equivalents (3,077) 4,186
Cash and cash equivalents at beginning of period 18,331 12,453
Cash and cash equivalents at end of period 15,254 16,639
Supplemental Disclosure:    
Cash paid for income taxes $ 30 $ 30