Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

v3.20.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net loss $ (809) $ (1,013)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Realized loss on marketable debt securities 3 3
Depreciation and amortization 82 101
Lower of cost or net realizable value inventory adjustment 12
Stock-based compensation expense 198 196
Changes in operating assets and liabilities:    
Accounts receivable 797 2,180
Inventory (256) 292
Prepaid and other assets 64 78
Accounts payable and accrued expenses 263 (179)
Other current liabilities (69) (255)
Net cash provided by operating activities 285 1,403
Cash flows from investing activities    
Purchase of marketable securities (706)
Proceeds from sale of marketable debt securities 800 2,470
Capital expenditures (116) (48)
Net cash provided by (used in) investing activities (22) 2,422
Cash flows from financing activities    
Payment of dividends (2,929)
Net cash used in financing activities (2,929)
Increase in cash and cash equivalents 263 896
Cash and cash equivalents, at the beginning of the period 434 1,554
Cash and cash equivalents, at the end of the period 697 2,450
Supplemental disclosure of non-cash investing and financing activities:    
Net unrealized gain, investments in marketable debt securities $ 11 $ 15