XML 19 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net loss $ (2,780) $ (2,474)
Adjustments to reconcile net loss from operations to net cash provided by operating activities:    
Depreciation and amortization 80 57
Undistributed earnings from investments in equity method affiliates (1) 0
Deferred income taxes 0 781
Stock-based compensation 2,175 835
Net changes in operating assets and liabilities:    
Accounts receivable 14 3,068
Other receivables 1,331 275
Inventory (3,896) (1,784)
Prepaid expenses (1,791) (299)
Other current assets 3 (100)
Accounts payable (2,364) 533
Advances from customers 87 458
Other payables and accrued expenses 27 (9)
Other long-term liabilities (278) (989)
Net cash (used in) provided by operating activities (7,393) 352
Cash flows from investing activities:    
Purchase of property and equipment (395) (12)
Purchase of intangible assets 0 (24)
Net cash used in investing activities (395) (36)
Cash flows from financing activities:    
Proceeds from short-term borrowings 7,387 3,824
Repayments of short-term borrowings (2,306) (2,541)
Proceeds from stock option exercise to common stock 62 378
Net cash provided by financing activities 5,143 1,661
Effect of exchange rate changes on cash and cash equivalents 150 (13)
Net (decrease) increase in cash and cash equivalents (2,495) 1,964
Cash and cash equivalents at beginning of period 17,681 10,119
Cash and cash equivalents at end of period 15,186 12,083
Supplemental disclosure of cash flow information:    
Interest paid $ 100 $ 76