Operating activities: | |
Net loss | |
Adjustments to reconcile net loss to net cash used in operating activities: | |
Share-based compensation | 184.99K |
Depreciation and amortization | 43.64K |
Provision for obsolete inventory | |
Loss on disposal of property and equipment | 1.48K |
Provision for bad debts | |
Changes in operating assets and liabilities: | |
Accounts receivable | 724.94K |
Inventories | 207.92K |
Prepaid expenses and other current assets | 5.79K |
Other assets | 28.12K |
Accounts payable | -373.34K |
Accrued expenses and other current liabilities | -34.31K |
Net cash used in operating activities | |
Investing activities: | |
Issuance of notes receivable | |
Purchases of property and equipment | -48.12K |
Net cash used in investing activities | |
Financing activities: | |
Proceeds from exercise of stock options | |
Net cash provided by financing activities | |
Net decrease in cash and cash equivalents | 1.19M |
Cash and cash equivalents at beginning of period | 4.04M |
Cash and cash equivalents at end of period | 5.24M |
Supplemental Disclosures of Cash Flow Information: | |
Income Taxes |