v3.21.1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 1 Months Ended 12 Months Ended
Feb. 01, 2020
Jan. 30, 2021
Dec. 31, 2019
Cash flows from operating activities:      
Net income (loss) $ (2,123) $ 4,277 $ (21,016)
Less: income (loss) from discontinued operations 66 (124) (4,466)
Income (loss) from continuing operations (2,189) 4,401 (16,550)
Adjustments to reconcile net income (loss) to net cash used in operating activities:      
Depreciation and amortization 62 675 391
Accretion of debt discount 373 666 3,519
Non-cash interest   232 572
Provision for (recovery of) bad debts (22) 90 (19)
Stock-based compensation 8 1,332 3,265
Loss (gain) on debt conversion   (13,642) 4,057
Loss on disposal of fixed assets   7  
Provision for obsolete inventory 36 493 540
Loss (gain) on derivative liability 807 (543) (6,233)
Impairment of right of use assets   52  
Change in operating assets and liabilities:      
Trade accounts receivable 467 490 534
Other accounts receivable (34) 229 (701)
Inventory (293) 408 2,239
Prepaid assets (32) 462 (298)
Other assets   (56) (9)
Accounts payable 40 2,876 2,792
Accrued expenses and other current liabilities (122) (79) 3,235
Operating lease right of use assets and lease liabilities 20 303 69
Net cash used in continuing operating activities (879) (1,604) (2,597)
Net cash provided by (used in) discontinued operating activities 299 (605) 332
Net cash used in operating activities (580) (2,209) (2,265)
Cash flows from investing activities:      
Purchase of property and equipment   (1,035) (61)
Acquisition of Simply Mac, net of cash acquired (Note 14)     (5,145)
Net cash used in investing activities   (1,035) (5,206)
Cash flows from financing activities:      
Borrowings from notes payable   3,098 8,051
Borrowings from notes payable to related parties   400  
Cost of debt issuance     (190)
Payment of notes payable   (825) (811)
Sale of common stock   226 1,154
Net cash provided by financing activities   2,899 8,204
Effect of exchange rate changes on cash, cash equivalents and restricted cash (85) 22 (58)
Net increase (decrease) in cash, cash equivalents and restricted cash (665) (323) 675
Cash, cash equivalents and restricted cash, beginning of period 3,834 3,169 3,159
Cash, cash equivalents and restricted cash, end of period 3,169 2,846 3,834
Cash paid for interest   89 71
Cash paid for income taxes   27 1
Non-cash investing and financing activities:      
Conversion of account payable and accrued liabilities to equity   163 164
Conversion of notes payable and accrued interest to equity   6,615 8,001
Accounts receivable offset against conversion of accounts payable to equity   (228)  
Record operating lease right-of-use assets and operating lease liabilities $ 1,510 $ 3,647 $ 5,397