General form of registration statement for all companies including face-amount certificate companies

Consolidated Statements of Cash Flows

v3.10.0.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 12 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities        
Net loss from continuing operations     $ (14,328) $ (8,669)
Net income from discontinued operations, net of tax     0 17,943
Net income (loss) $ (3,458) $ (3,508) (14,328) 9,274
Adjustments to reconcile net income (loss) to net cash used in operating activities:        
Depreciation and amortization 121 109 490 248
Provision for (recovery of) doubtful accounts     4 (1)
Provision for discounts, rebates, distributor fees and returns     603 19
Provision for obsolete inventory     44 0
Gain on sale of Latin American assets, net of tax     0 (15,399)
Income tax benefit     0 (4,268)
Stock-based compensation 347 438 2,410 2,145
Service provider expenses settled with common stock     90 98
Loss on disposal of property and equipment     0 10
Changes in operating assets and liabilities:        
Accounts receivable (738) (592) 11 (2)
Inventories 106 (81) (583) (675)
Deferred consideration, net of discount     222 0
Prepaid expenses and other current assets 249 (630) (1,065) 979
Accounts payable 95 (486) 9 (58)
Accrued expenses and other current liabilities 237 206 48 (298)
Deferred revenue (19) (90) (394) (239)
Net cash used in operating activities (3,060) (4,634) (12,439) (8,167)
Cash flows from investing activities:        
Purchases of property and equipment (27) (157) (187) (394)
Proceeds from sale of Latin American assets, net of costs     0 18,639
Deposits 12 (14) (14) (21)
Net cash (used in) provided by investing activities (15) (171) (201) 18,224
Cash flows from financing activities:        
Proceeds from issuance of common stock net of offering costs 916 0 5,468 0
Proceeds from exercise of common stock options     5 7
Proceeds from exercise of common stock purchase warrants 0 45 47 91
Principal payments on long-term debt (87) (40) (148) (130)
Principal payments on capital leases (35) (31) (132) 0
Net cash (used in) provided by financing activities 794 (26) 5,240 (32)
Effect of exchange rate on cash and cash equivalents (100) 8 5 (33)
Net (decrease) increase in cash and cash equivalents (2,381) (4,823) (7,395) 9,992
Cash and cash equivalents, beginning of year 10,066 17,461 17,461 7,469
Cash and cash equivalents, end of year 7,685 12,638 10,066 17,461
Supplemental disclosure of cash flow information:        
Cash paid for interest 12 10 40 3
Non-cash operating and financing activities:        
Service provider expenses settled with common stock     90 98
Insurance premiums financed     241 120
Automobiles financed using long-term debt     0 64
Automobiles financed using capital leases $ 0 $ 180 180 242
Sale of Latin American assets to Invekra: Assets sold and liabilities transferred:        
Deferred consideration - current, net     0 237
Deferred consideration - long-term, net     0 1,497
Taxes payable     0 (13)
Deferred revenue - current     0 (176)
Deferred revenue - long-term     0 (527)
Total assets sold and liabilities transferred     $ 0 $ 1,018