Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.4.0.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows From Operating Activities:    
Net loss $ (1,220) $ (1,529)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 14 12
Amortization 52 $ 52
Provision for inventory reserve 36
Accretion of contract liability 2 $ 7
Stock-based compensation 97 $ 287
Impairment charge 44
Changes in operating assets and liabilities:    
Decrease in accounts receivable 361 $ 300
Decrease in inventories 40 4
(Increase) decrease in prepaid expenses and other current assets 163 (56)
(Decrease) in accounts payable and accrued expenses (292) (54)
Net cash used in operating activities (703) $ (977)
Cash Flows From Financing Activities:    
Repayment of term note (100)
Proceeds from private placement of common stock 5,250
Offering costs (109)
Net cash provided by financing activities 5,041
Net increase (decrease) in cash 4,338 $ (977)
Cash at beginning of period 879 1,567
Cash at end of period $ 5,217 590
Cash paid during the period for:    
Income taxes, net of refunds 1
Supplemental schedule of non-cash investing and financing activities:    
Accrued capital expenditures $ 7