Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities    
Net loss $ (3,458) $ (3,508)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 121 109
Stock-based compensation 347 438
Changes in operating assets and liabilities:    
Accounts receivable (738) (592)
Inventories 106 (81)
Prepaid expenses and other current assets 249 (630)
Accounts payable 95 (486)
Accrued expenses and other current liabilities 237 206
Deferred revenue (19) (90)
Net cash used in operating activities (3,060) (4,634)
Cash flows from investing activities:    
Purchases of property and equipment (27) (157)
Deposits 12 (14)
Net cash provided by investing activities (15) (171)
Cash flows from financing activities:    
Proceeds from sale of common stock 916 0
Proceeds from exercise of common stock purchase warrants 0 45
Principal payments on capital leases (35) (31)
Principal payments on long-term debt (87) (40)
Net cash provided by (cash used) in financing activities 794 (26)
Effect of exchange rate on cash and cash equivalents (100) 8
Net decrease in cash and cash equivalents (2,381) (4,823)
Cash and cash equivalents, beginning of period 10,066 17,461
Cash and cash equivalents, end of period 7,685 12,638
Supplemental disclosure of cash flow information:    
Cash paid for interest 12 10
Non-cash operating and financing activities:    
Automobiles financed using capital leases $ 0 $ 180