Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flow (Unaudited)

v3.21.1
Condensed Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net loss $ (1,903) $ (201)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 151 157
Amortization of operating lease right-of-use asset 160 154
Deferred tax assets (655)
Changes in operating assets and liabilities    
Accounts receivable (1,522) (4)
Inventories 540 379
Prepaid expenses (416) (199)
Deposits 1
Income tax receivable (1,484)
Accounts payable 113 (2)
Customer deposits (333) 91
Accrued expenses and other current liabilities (10) 43
Decrease in lease liability (162) (147)
Net cash used in operating activities (3,381) (1,867)
Cash flows from investing activities:    
Proceeds from sales of property and equipment, including insurance proceeds 8
Net cash provided by investing activities 8
Cash flows from financing activities:    
Proceeds from sale of common stock for cash 12,466
Proceeds from exercise of warrants 707
Repayment of notes payable (80) (82)
Net cash provided by (used in) financing activities 13,093 (82)
Increase (decrease) in cash and cash equivalents 9,712 (1,941)
Cash and cash equivalents, beginning of period 1,646 2,840
Cash and cash equivalents, end of period $ 11,358 $ 899