XML 16 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net Cash Provided by (Used in) Operating Activities [Abstract]    
Net Income $ 1,409 $ 831
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation 71 72
Amortization of Other Intangible Assets 64 73
Provision for Losses on Accounts Receivable 110 88
Share Based Compensation Expense 340 217
Interest Expense – Related Party 0 183
Interest Expense – Amortization of Discount 0 45
Loss on Foreign Currency Exchange 5 (3)
Deferred Income Tax Provision 13 13
Changes in Assets and Liabilities:    
Trade Receivables (611) (630)
Inventories 1,575 2,073
Prepaid Expenses and Other Current Assets 353 185
Other Intangible Assets (206) (13)
Deposits and Other Non-Current Assets 19 (7)
Accounts Payable (154) 244
Accrued Expenses and Other Current Liabilities (782) (94)
Net Cash Provided by Operating Activities 2,206 3,277
Cash Flows From Investing Activities:    
Additions to Property, Plant and Equipment (118) (1)
Net Cash Used in Investing Activities (118) (1)
Cash Flows From Financing Activities:    
Proceeds from Line of Credit 500 0
Principal Repayments to Line of Credit (3,250) 0
Proceeds from Revolver Loan 0 21,707
Principal Repayments to Revolver Loan 0 (24,983)
Net Cash Used in Financing Activities (2,750) (3,276)
Net Decrease in Cash (662) 0
Cash at Beginning of Period 1,722 0
Cash at End of Period 1,060 0
Supplemental Disclosure of Cash Flow Information:    
Cash Payments for Income Taxes 0 0
Cash Payments for Interest 118 203
Supplemental Schedule of Non Cash Investing and Financing Activities:    
Issuances of Common Stock for Guaranty by Related Party classified as Interest Expense $ 0 $ 183