v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
OPERATING ACTIVITIES    
Net loss $ (5,152) $ (9,384)
Adjustments to reconcile net loss to net cash flows provided by (used in) operating activities:    
Depreciation and amortization 185 177
Stock-based compensation 1,258 2,091
Stock-based compensation associated with employment settlement 0 7,857
Bad debt expense 0 25
Inventory write-down 46 0
Non-cash lease expense 287 124
Deferred taxes (158) 0
Other 98 0
Change in operating assets and liabilities:    
Accounts receivable 570 (456)
Inventory 970 (121)
Prepaid expenses and other 1,479 (551)
Accounts payable and accrued expenses (1,274) 999
Net cash provided by (used in) operating activities (1,691) 761
INVESTING ACTIVITIES    
Purchase of property and equipment (480) (54)
Net cash flows used in investing activities (480) (54)
FINANCING ACTIVITIES    
Repayment of unsecured debt 0 (201)
Proceeds from exercise of stock options 161 197
Net cash flows provided by (used in) financing activities 161 (4)
Net increase (decrease) in cash, cash equivalents and restricted cash (2,010) 703
Cash, cash equivalents and restricted cash, beginning of period 9,608 12,935
Cash, cash equivalents and restricted cash, end of period 7,598 13,638
Supplemental cash flow disclosures:    
Interest paid 0 6
Income taxes paid 18 4
Supplemental disclosures of non-cash transactions:    
Purchase of property and equipment in accounts payable and accrued expenses $ 76 $ 0

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