Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CASH FLOWS

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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income (loss) $ 405 $ (1,091) $ (2,710)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:      
Depreciation and amortization 243 252 355
Gain on the sale of fixed assets 0 0 (28)
Reduction of payment obligation, settlement benefit 0 (1,024) 0
Share-based compensation expense 269 246 631
Changes in operating assets and liabilities:      
Accounts receivable 90 (2,190) 1,602
Inventory (470) 637 (1,006)
Prepaid expenses and other assets 886 (940) (864)
Accounts payable (285) 411 396
Accrued advertising and other allowances 87 (199) (565)
Accrued royalties and commissions 0 (2,100) 0
Other operating assets and liabilities, net (88) 269 81
Net cash provided by (used in) operating activities 1,137 (5,729) (2,108)
Cash flows from investing activities:      
Capital expenditures (442) (310) (300)
Proceeds from the sale of fixed assets 0 0 166
Net cash flows used in investing activities (442) (310) (134)
Cash flows from financing activities:      
Proceeds from the exercise of stock options 27 0 0
Proceeds from issuance of common stock 444 1,070 0
Payment of long term obligation (100)    
Purchase of treasury stock 0 0 (449)
Net cash provided by (used in) financing activities 371 1,070 (449)
Net increase (decrease) in cash and cash equivalents 1,066 (4,969) (2,691)
Cash and cash equivalents at beginning of year 572 5,541 8,232
Cash and cash equivalents at end of year 1,638 572 5,541
Supplemental disclosures of cash flow information:      
Income taxes paid 0 0 0
Interest paid 13 0 0
Common stock issued, in lieu of cash, as payment of accrued compensation $ 0 $ 0 $ 294