Quarterly report pursuant to Section 13 or 15(d)

Condensed Statements of Cash Flow (Unaudited)

v3.21.2
Condensed Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net loss $ (2,769) $ (2,499)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 287 314
Amortization of operating lease right-of-use asset 321 309
Deferred tax assets (655)
Changes in operating assets and liabilities:    
Accounts receivable (3,690) 168
Inventories 877 29
Prepaid expenses (2,880) 247
Deposits 1
Income tax receivable 1,570 (1,484)
Accounts payable 61 9
Customer deposits 265 395
Accrued expenses and other current liabilities 157 (204)
Decrease in lease liability (330) (302)
Net cash used in operating activities (6,131) (3,672)
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
Proceeds from PPP Loan 1,715
Repayment of notes payable (150) (164)
Net cash provided by financing activities 13,023 1,551
Increase (decrease) in cash and cash equivalents 6,892 (2,113)
Cash and cash equivalents, beginning of period 1,646 2,840
Cash and cash equivalents, end of period $ 8,538 $ 727