Cash Flow

v3.10.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating activities:    
Net income (loss) $ 432 $ (2,784)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 1,679 1,671
Amortization of discount on warrants 101 93
Deferred rent and tenant improvement allowances 359 874
Deferred taxes (1) 47
(Income) loss from equity method investments (111) 108
Gain on disposition of cost method investment (185) 0
Distributions from equity investees 0 1
Stock-based compensation 668 544
Changes in operating assets and liabilities:    
Accounts receivable 147 443
Inventory 203 (103)
Prepaid expenses and other current assets (28) 67
Due from related parties, net (365) 816
Security deposits (60) (8)
Other assets (23) (49)
Accounts payable (199) 2,328
Accrued expenses (244) 563
Deferred revenue (40) 204
Net cash provided by operating activities 2,333 4,815
Investing activities:    
Purchase of property and equipment (1,926) (3,925)
Proceeds from disposition of cost method investment 600 0
Net cash used in investing activities (1,326) (3,925)
Financing activities:    
Proceeds from business loan and security agreement 0 1,000
Repayment of term loan (1,401) (1,416)
Repayment of equipment financing agreement (175) (165)
Repayment of business loan and security agreement (62) (416)
Distributions to non-controlling interests 0 (21)
Net cash used in financing activities (1,638) (1,018)
Effect of exchange rate changes on cash 16 71
Net decrease in cash and cash equivalents (615) (57)
Cash and cash equivalents, beginning of period 1,548 1,598
Cash and cash equivalents, end of period 933 1,541
Supplemental disclosure of cash flow data:    
Interest paid 484 309
Income taxes paid 0 32
Noncash investing and financing activities:    
Noncash debt issuance costs $ 0 $ 35

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