Cash Flow

v3.8.0.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
OPERATING ACTIVITIES    
Net (loss) income $ (307) $ 232
Adjustments to reconcile to net income to net cash provided by operating activities:    
Depreciation 547 584
Amortization 637 637
Share-based compensation 149 46
Loss on sale of fixed assets   38
Amortization of deferred finance cost 35 56
Bad debt expense 37 1
Inventory reserves 93  
Changes in operating assets and liabilities    
Trade receivables 1,195 (1,394)
Net trade receivables/payables from affiliates 180 291
Inventory (1,464) 2,348
Prepaid expenses 165 (381)
Trade accounts payable (574) (430)
Accrued expenses (844) (1,316)
Other long-term liabilities (50) 420
Net cash (used in) provided by operating activities (201) 1,132
INVESTING ACTIVITIES    
Decrease in restricted cash   536
Purchase of property and equipment (330) (38)
Net cash (used in) provided by investing activities (330) 498
FINANCING ACTIVITIES    
Principal payments on term debt (500) (538)
Debt issuance costs incurred   (9)
Shares repurchased for income tax withholding on share-based compensation (51)  
Net borrowings (payments) on revolving credit facilities 1,083 (1,646)
Net cash provided by (used in) financing activities 532 (2,193)
NET CHANGE IN CASH 1 (563)
Cash at beginning of period 3 572
Cash at end of period $ 4 $ 9

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