Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash flows from operating activities    
Net loss from continuing operations $ (3,508) $ (3,187)
Income from discontinued operations, net of tax 0 619
Net loss (3,508) (2,568)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 109 61
Stock-based compensation 438 411
Changes in operating assets and liabilities:    
Accounts receivable (592) (396)
Inventories (81) (410)
Prepaid expenses and other current assets (630) 538
Accounts payable (486) 55
Accrued expenses and other current liabilities 206 (126)
Deferred revenue (90) 58
Net cash used in operating activities (4,634) (2,377)
Cash flows from investing activities:    
Purchases of property and equipment (157) (14)
Deposits (14) 3
Net cash provided by investing activities (171) (11)
Cash flows from financing activities:    
Proceeds from exercise of common stock purchase warrants 45 0
Principal payments on capital leases (31) 0
Principal payments on long-term debt (40) (48)
Net cash used in financing activities (26) (48)
Effect of exchange rate on cash and cash equivalents 8 (63)
Net decrease in cash and cash equivalents (4,823) (2,499)
Cash and cash equivalents, beginning of period 17,461 7,469
Cash and cash equivalents, end of period 12,638 4,970
Supplemental disclosure of cash flow information:    
Cash paid for interest 10 1
Non-cash operating and financing activities:    
Automobiles financed using capital leases $ 180 $ 0