XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Operating Activities:    
Net (loss) income $ (357) $ 922
Adjustments to reconcile net (loss) income to net cash provided by (used in) operating activities:    
Depreciation and amortization 552 415
Amortization of debt issuance costs 2
Warranty provision 37 (11)
Inventory obsolescence 196 128
Share-based compensation 510 454
Realized loss on foreign currency forward contract (48)
Unrealized loss on foreign currency forward contract (28)
Deferred income taxes 278 269
Amortization of operating lease right of use asset 343 292
Accretion of acquisition holdback liability 22
Changes in operating assets and liabilities:    
Accounts receivable, net (14) (2,205)
Inventories, net (698) (1,214)
Prepaid expenses and other (253) 787
Accounts payable 1,184 1,072
Accrued and other liabilities (1,363) (3,036)
Net cash provided by (used in) operating activities 363 (2,127)
Investing Activities:    
Purchases of marketable securities (2,799) (2,013)
Proceeds from maturities of marketable securities 2,939 1,971
Cash paid for Amika Mobile (4,367)
Capital expenditures (148) (102)
Net cash used in investing activities (4,375) (144)
Financing Activities:    
Proceeds from exercise of stock options 170 258
Repurchase of common stock (398)
Shares retained for payment of taxes in connection with settlement of restricted stock units (141) (41)
Payments on promissory notes (18) (17)
Cash paid for debt issuance costs (38)
Net cash used in financing activities (27) (198)
Effect of foreign exchange rate on cash (30) 11
Net decrease in cash, cash equivalents, and restricted cash (4,069) (2,458)
Cash, cash equivalents and restricted cash, beginning of period 23,996 19,517
Cash, cash equivalents and restricted cash, end of period 19,927 17,059
Cash and cash equivalents 18,455 16,399
Restricted cash, current portion 282 265
Long-term restricted cash 1,190 395
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows 19,927 17,059
Noncash investing and financing activities:    
Change in unrealized gain (loss) on marketable securities (6) (11)
Obligation to issue common stock in connection with the purchase of Amika Mobile (3,431)
Initial measurement of operating lease right of use assets 259 5,824
Initial measurement of operating lease liabilities 259 7,815
Fair value of asset purchase holdback liability $ 613