XML 50 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net loss $ (368) $ (31)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 119 81
Non-cash interest 28 26
Amortization of debt discount 23 14
Stock-based compensation 109 72
Changes in operating assets and liabilities:    
Contract and other receivables 2,907 (114)
Costs and estimated earnings in excess of billings on uncompleted contracts (30)
Inventories, net 1,231 9
Prepaid expenses and other current assets (105) (14)
Right-of-use assets 144 124
Accounts payable and accrued expenses (7,013) 47
Deferred revenues 94 (81)
Operating lease liabilities (151) (116)
Net cash provided by (used in) operating activities (3,012) 17
Cash Flows from Investing Activities:    
Capital expenditures (177) (63)
Net cash used in investing activities (177) (63)
Cash Flows from Financing Activities:    
Proceeds from issuance of equity 2 31
Repurchase of stock (170) (137)
Net cash used in financing activities (168) (106)
Net decrease in cash and cash equivalents (3,357) (152)
Cash and cash equivalents at beginning of period 8,678 6,178
Cash and cash equivalents at end of period 5,321 6,026
Supplemental disclosure of cash flow information:    
Cash paid for interest 50 53
Cash paid for taxes $ 11 $ 5