Net cash provided by operating activities$7,250,000PriorYear$3,146,000
more than doubling of cashflow from operations, wow.
Cash flows from operating activities: 000s
Net income $ 2,697 $ 3,275
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of property, plant and equipment 888 1,228
Amortization of intangible assets, debt issuance costs and debt discount 1,957 1,855
Provision for deferred income taxes 73 138
Share-based compensation expense 352 404
Change in fair value of derivatives 0 (29 )
Change in fair value of warrants liability 18 29
Non-cash interest expense 0 414
Legal settlement 0 (1,381 )
Loss on disposal of property, plant and equipment 27 0
Other non-cash expenses 52 18
Changes in operating assets and liabilities:
Accounts receivable 890 (154 )
Inventories (894 ) 203
Prepaid expenses and other current assets 20 23
Restricted cash 153 (153 )
Accounts payable and accrued liabilities 1,098 (21 )
Accrued interest on note payable to related party 0 (504 )
Deferred revenue and deferred rent (88 ) (56 )
Income taxes payable 7 (743 )
Change in legal obligation – settlement payments 0 (1,400 )
Net cash provided by operating activities 7,250 3,146
