Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.19.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Cash flows from operating activities    
Net income (loss) $ 715 $ (3,458)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 76 121
Stock-based compensation 292 347
Changes in operating assets and liabilities:    
Accounts receivable (814) (738)
Inventories 73 106
Deferred consideration 35 0
Prepaid expenses and other current assets 41 249
Operating lease right-of-use assets 127 0
Accounts payable 252 95
Accrued expenses and other current liabilities (90) 237
Operating lease liabilities (132) 0
Deferred revenue 163 (19)
Net cash used in operating activities 738 (3,060)
Cash flows from investing activities:    
Purchases of property and equipment (12) (27)
Deposits 0 12
Net cash used in investing activities (12) (15)
Cash flows from financing activities:    
Net proceeds from sale of common stock 0 916
Principal payments on capital leases (13) (35)
Principal payments on long-term debt (123) (87)
Net cash (used in) provided by financing activities (136) 794
Effect of exchange rate on cash and cash equivalents 5 (100)
Net decrease in cash and cash equivalents 595 (2,381)
Cash and cash equivalents, beginning of period 3,689 10,066
Cash and cash equivalents, end of period 4,284 7,685
Supplemental disclosure of cash flow information:    
Cash paid for interest $ 10 $ 12