Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.5.0.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash flows from operating activities    
Net loss $ (2,568) $ (2,340)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 61 62
Stock-based compensation 411 412
Service provider expenses settled with common stock 0 107
Loss due to change in fair value of derivative liabilities 0 59
Foreign currency transaction gain (12) (9)
Changes in operating assets and liabilities:    
Accounts receivable, net (384) (1,052)
Inventories, net (410) (82)
Prepaid expenses and other current assets 538 84
Accounts payable 55 284
Accrued expenses and other current liabilities (126) 265
Deferred revenue 58 (375)
Net cash used in operating activities (2,377) (2,585)
Cash flows from investing activities:    
Purchases of property and equipment (14) (148)
Proceeds from sale of long-term investment 0 4,538
Long-term deposits 3 (12)
Net cash (used in) provided by investing activities (11) 4,378
Cash flows from financing activities:    
Proceeds from issuance of common stock, net of offering costs 0 879
Principal payments on long-term debt (48) (52)
Net cash (used in) provided by financing activities (48) 827
Effect of exchange rate on cash and cash equivalents (63) (4)
Net (decrease) increase in cash and cash equivalents (2,499) 2,616
Cash and cash equivalents, beginning of period 7,469 6,136
Cash and cash equivalents, end of period 4,970 8,752
Supplemental disclosure of cash flow information:    
Cash paid for interest 1 0
Non-cash operating and financing activities:    
Issuance of common stock to settle obligation $ 0 $ 96