XML 27 R6.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Operating activities:    
Net income $ 90,000 $ 184,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 40,000 43,000
Provision for sales returns and doubtful accounts 4,000 3,000
Stock based compensation 6,000 4,000
Changes in assets and liabilities:    
Accounts receivable (2,000) 282,000
Inventories 177,000 (103,000)
Prepaid expenses and other current assets (63,000) (99,000)
Accounts payable 220,000 (6,000)
Accrued liabilities (74,000) (47,000)
Other assets and liabilities 0 (1,000)
Total adjustments 308,000 76,000
Net cash provided by operating activities 398,000 260,000
Investing activities:    
Acquisition of property and equipment 0 (5,000)
Payment for investment in convertible securities 0 (186,000)
Net cash used for investing activities 0 (191,000)
Financing activities:    
Dividend payments (201,000) (171,000)
Proceeds from stock options exercised 54,000 76,000
Net cash used for financing activities (147,000) (95,000)
Impact of exchange rates on cash 0 13,000
Net increase in cash and cash equivalents 251,000 (13,000)
Cash and cash equivalents, beginning of period 5,313,000 4,494,000
Cash and cash equivalents, end of period 5,564,000 4,481,000
Supplemental disclosures of cash flow information:    
Cash paid for interest 0 0
Cash paid for income taxes, net $ 0 $ 0