XML 22 R7.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows used in operating activities:    
Net loss $ (270) $ (3,026)
Adjustments to reconcile net loss to net cash used in operating activities (see Schedule A) (87) 2,304
Net cash used in operating activities - continuing operations (357) (722)
Net cash used in operating activities - discontinued operations (7) (401)
Net cash used in operating activities (364) (1,123)
Cash flows provided by (used in) investing activities:    
Acquisitions of property and equipment (24)
Restricted deposits (82)
Release of restricted deposits 818
Release of escrow deposits 50
Amounts funded for severance assets (69)
Net cash provided by (used in) investing activities - continuing operations 693
Net cash used in investing activities - discontinued operations
Net cash provided by (used in) investing activities 693
Cash flows provided by (used in) financing activities:    
Short-term credit, net (102) 16
Proceeds from loans from directors 900 375
Repayments of long-term debt (32)
Net cash provided by financing activities - continuing operations 798 359
Net cash used in financing activities - discontinued operations (17)
Net cash provided by financing activities 798 342
Effect of exchange rate changes on cash and cash equivalents - continuing operations 3
Effect of exchange rate changes on cash and cash equivalents - discontinued operations 51
Net increase (decrease) in cash and cash equivalents 434 (34)
Cash and cash equivalents at the beginning of the year - discontinued operations 19 48
Cash and cash equivalents at the beginning of the year - continuing operations 222 124
Cash and cash equivalents at the end of the period - discontinued operations 12 75
Cash and cash equivalents at the end of the period - continuing operations 663 63
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Loss (income) from discontinued operations (65) 1,386
Depreciation and amortization 20 72
Increase in accrued severance 67
Accretion of Leap Tide discount 40
Stock-based compensation 13 220
Deferred taxes 15
Director fees paid in common stock 8
Share of income in DSIT (36)
Other 35
Change in operating assets and liabilities:    
Decrease (increase) in accounts receivable, unbilled revenue, other current and other assets 376 54
Decrease (increase) in inventory 14 (96)
Decrease in deferred revenue 30 (1,174)
Increase in accounts payable, accrued payroll, payroll taxes and social benefits, other current liabilities and all non-current liabilities (447) 1,685
Adjustments to reconcile net loss to net cash provided by (used in) operating activities, total (87) 2,304
Non-cash investing and financing activities:    
Accrual of preferred dividends to outside investor in OmniMetrix $ 25 $ 25