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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income/(loss) $ (706) $ 2,937
Adjustments to reconcile net income/(loss) to net cash provided by operating activities:    
Depreciation 487 252
Non-cash reserve charges 2 249
Stock-based compensation 108 497
Non-cash lease expense 55 (10)
Provision for deferred income taxes (378) (473)
Change in operating assets and liabilities:    
Accounts receivable (1,037) (716)
Prepaid and other assets (182) (819)
Accounts payable and other accrued expenses (798) 162
Inventory (2,863) (1,501)
Deposits 7 54
Net cash provided by/(used in) operating activities (5,305) 632
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property and equipment (299) (297)
Net cash used in investing activities (299) (297)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Payments on finance lease obligations (23) (11)
Purchase of treasury stock (75) 0
Proceeds from the issuance of common stock on stock-based compensation awards 27 221
Taxes withheld and paid on employees' equity awards (59)  
Net cash (used in) provided by financing activities (130) 210
Net increase/(decrease) in cash (5,734) 545
Cash at beginning of period 39,173 14,040
Cash at end of period 33,439 14,585
Supplemental disclosure of cash flow information:    
Cash paid for interest (9) (4)
Cash paid for rent (521) (328)
Supplemental disclosure of non-cash investing and financing activities:    
Right-of-use assets obtained in exchange for new operating lease liabilities 162 1,433
Inventory transferred to property and equipment under lease 473 187
Inventory transferred to property and equipment as demo devices $ 67 $ 0