Quarterly report pursuant to Section 13 or 15(d)

Unaudited Condensed Statements of Cash Flow

v3.20.2
Unaudited Condensed Statements of Cash Flow - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income (loss) $ (201) $ 71
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Fair value of vested stock options 79
Depreciation and amortization 157 143
Amortization of operating lease right-of-use assets 154 89
Deferred tax assts (655)
Changes in operating assets and liabilities    
Accounts receivable (4) (1,490)
Inventories 379 (1,645)
Prepaid expenses (199) (899)
Deposits 1
Income tax receivable (1,484) 484
Accounts payable (2) 524
Customer deposits 91 289
Accrued expenses and other current liabilities 43 461
Decrease in lease liability (147) (84)
Net cash used in operating activities (1,867) (1,978)
Cash flows from investing activities:    
Acquisition of property and equipment (79)
Proceeds from sales of property and equipment, including insurance proceeds 8
Net cash provided by (used in) investing activities 8 (79)
Cash flows from financing activities:    
Repayment of notes (82) (49)
Net cash used in financing activities (82) (49)
Decrease in cash and cash equivalents (1,941) (2,106)
Cash and cash equivalents, beginning of period 2,840 5,640
Cash and cash equivalents, end of period 899 3,534
Supplemental non-cash investing and financing activities:    
Initial recognition of operating lease right-of-use assets and operating lease obligations upon adoption of ASC Topic 842 2,760
Reclassification of prepaid expenses to property and equipment $ 114