"Let’s talk about liquidity and capital resources. Cash balances as of June 30, 2018 were $2.8 million compared to $3.7 million at December 31, 2017, and the Company has made $787,000 of deposits to vendors against future orders that have not yet been shipped. The Company also had available borrowing capacity and not used under the Sterling National Bank financing agreement of approximately $1.7 million compared to $3.7 million in 2017.
Another piece of information, on July 20, 2018 Sterling National Bank’s credit line was expanded by $3 million and now allows the Company to borrow up to $10 million, of which $2 million of this line has been allocated as a Capstone expansion credit line available as needed to support the expansion of Capstone’s new product category"
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