v3.20.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash flows from operating activities    
Net income (loss) $ 360 $ (488)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation and amortization 107 144
Stock-based compensation 223 425
Gain on sale of assets (770) 0
Changes in operating assets and liabilities:    
Accounts receivable (705) (1,283)
Inventories (1,386) 263
Deferred consideration 65 70
Prepaid expenses and other current assets (273) (358)
Operating lease right-of-use assets 330 256
Accounts payable 706 1,052
Accrued expenses and other current liabilities (860) (122)
Operating lease liabilities (343) (267)
Deferred revenue (102) 148
Net cash used in operating activities (2,648) (160)
Cash flows from investing activities:    
Purchases of property and equipment (97) (77)
Deposits (38) 8
Proceeds from sale of assets 610 0
Net cash provided by (used in) investing activities 475 (69)
Cash flows from financing activities:    
Proceeds from exercise of stock options and warrants 1,919 0
Proceeds from new debt 1,310 0
Principal payments on capital leases 0 (13)
Principal payments on long-term debt (432) (228)
Net cash provided by (used in) financing activities 2,797 (241)
Effect of exchange rate on cash and cash equivalents 5 13
Net increase (decrease) in cash and cash equivalents 629 (457)
Cash and cash equivalents, beginning of period 3,691 3,689
Cash and cash equivalents, end of period 4,320 3,232
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 4 $ 12

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