v3.20.4
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities    
Net loss $ (290) $ (1,572)
Adjustments to reconcile net loss to net cash (used in) operating activities:    
Depreciation and amortization 187 212
Stock-based compensation 316 537
Gain on sale of assets (770) 0
Changes in operating assets and liabilities:    
Accounts receivable 464 (1,506)
Inventories (403) 630
Deferred consideration 110 0
Prepaid expenses and other current assets (413) (214)
Operating lease right-of-use assets 306 384
Accounts payable (168) 884
Accrued expenses and other current liabilities (779) (86)
Operating lease liabilities (343) (402)
Deferred revenue (119) 133
Net cash used in operating activities (1,902) (1,000)
Cash flows from investing activities:    
Purchases of property and equipment (174) (86)
Deposits (44) 50
Proceeds from sale of assets 610 0
Net cash provided by (used in) investing activities 392 (36)
Cash flows from financing activities:    
Proceeds from exercise of stock options and warrants 2,210 1,376
Proceeds from new debt 1,310 0
Principal payments on capital leases 0 (13)
Principal payments on long-term debt (481) (334)
Net cash provided by financing activities 3,039 1,029
Effect of exchange rate on cash and cash equivalents 321 45
Net increase in cash and cash equivalents 1,850 38
Cash and cash equivalents, beginning of period 3,691 3,689
Cash and cash equivalents, end of period 5,541 3,727
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 12 $ 1

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