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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net loss $ (758,000) $ (26,000)
Non-cash charges:    
Depreciation and amortization 433,000 389,000
Amortization of other intangible assets 195,000 172,000
Amortization of operating leased assets 234,000 81,000
Amortization of debt issue costs 4,000 15,000
Amortization of consideration payable to a customer 67,000 67,000
Provision for (recovery of) losses on accounts receivable 15,000 (69,000)
Stock-based compensation 16,000 29,000
Loss on sale of property and equipment 0 6,000
Restricted stock-based compensation 13,000 13,000
Deferred income taxes (47,000) (25,000)
Changes in operating assets and liabilities:    
Accounts receivable 720,000 654,000
Inventories 524,000 (88,000)
Prepaid expenses and other current assets (528,000) (208,000)
Accounts payable 482,000 (48,000)
Accrued compensation and benefits (894,000) (1,282,000)
Accrued other liabilities and other current liabilities (556,000) (99,000)
Operating lease liabilities (230,000) (65,000)
Other liabilities (6,000) (6,000)
Total adjustments 442,000 (464,000)
Net cash used in operating activities (316,000) (490,000)
Cash Flows from Investing Activities:    
Capital expenditures (658,000) (485,000)
Proceeds from disposal of property and equipment 0 11,000
Net cash used in investing activities (658,000) (474,000)
Cash Flows from Financing Activities:    
Dividend payments (157,000) (158,000)
Proceeds from exercise of stock options 3,000 0
Purchase of Class A common stock 0 (3,202,000)
Net proceeds from short-term borrowings 1,284,000 4,258,000
Repayments of long-term debt 0 (20,000)
Bank finance costs 0 (20,000)
Net cash provided by financing activities 1,130,000 858,000
Effect of exchange rate changes on cash (5,000) 5,000
Net increase (decrease) in cash 151,000 (101,000)
Cash at beginning of period 380,000 999,000
Cash at end of period 531,000 898,000
Cash paid for:    
Interest 53,000 37,000
Cash paid for amounts included in the measurement of operating lease liabilities 0 4,000
Noncash information:    
Right of Use ("ROU") assets recognized for new operating lease liabilities 0 80,000
Operating lease liability related to ROU assets recognized upon adoption of ASC 842 $ 0 $ 577,000