7Baggers
Quarterly
Annual
    Unit: USD2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 
      
    		                                                                   
      operating activities:
    		                                                                   
      net income
    		  -3,129,000 -4,734,000 -5,194,000 -2,916,000 -4,065,000 -4,054,000 -3,851,000 -6,097,000 -4,951,000 -3,903,000 -3,928,000 -1,410,000 -715,000 -465,000 1,463,000 1,759,000 947,000 617,000 474,000 346,000 568,000 -438,000 -351,000 -280,000 -387,000 -544,000 -503,000 -432,000 -4,000 -310,000 -129,000 147,000 -22,000 -270,000 188,000 173,000 205,000 57,000 -154,000 48,000 212,000 -352,000 -178,000 120,000 -473,000 -402,000 -302,000 203,000 121,000 204,000 379,000 78,000 51,000 -322,000 9,000 17,000 41,000 -875,000 -947,000 -1,520,000 -1,273,000     
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                   
      depreciation and amortization
    		  401,000 397,000 383,000 309,000 304,000 312,000 314,000 249,000 138,000 79,000 67,000 57,000 55,000 52,000 50,000 47,000 39,000 31,000 32,000 33,000 50,000 54,000 55,000 72,000 72,000 74,000 74,000 69,000 88,000 74,000 61,000 62,000 58,000 55,000 37,000 32,000 38,000 40,000 42,000 38,000   35,000 39,000 16,000 19,000 20,000 19,000 19,000 18,000 24,000 22,000 18,000 17,000 17,000 10,000 11,000 12,000 20,000 40,000 104,000 218,000 332,000 405,000 445,000 
      benefit from credit losses
    		                                                                   
      stock-based compensation
    		  331,000 94,000 350,000 230,000 449,000 427,000 188,000 62,000 806,000 204,000 148,000 100,000 55,000 19,000 10,000 10,000 4,000 5,000 6,000 5,000 6,000 5,000 5,000 20,000 20,000 42,000 45,000 49,000 44,000 68,000 91,000 96,000 90,000 98,000 41,000 39,000 39,000 70,000 48,000 48,000 49,000 68,000 52,000 60,000 52,000 56,000 30,000 47,000 41,000 42,000 36,000 21,000 33,000 17,000  26,000 24,000 5,000        
      non-cash lease costs
    		    77,000                                                               
      amortization of debt issuance costs
    		  228,000 327,000 271,000 457,000 96,000 37,000                                                            
      non-cash interest on notes payable
    		    425,000                                                               
      gain on lease termination
    		                                                                   
      changes in operating assets and liabilities:
    		                                                                   
      accounts receivable
    		  211,000 60,000 386,000 373,000 -115,000 -140,000 13,000 620,000 -388,000 -73,000 -203,000 37,000 -35,000 534,000 1,000 -1,213,000 475,000 -49,000 176,000 -282,000 -390,000 34,000 222,000 -29,000   40,000   29,000                      6,000 -89,000 141,000     -354,000 -90,000 474,000 -462,000 161,000 885,000 807,000 
      prepaid expenses and other assets
    		  -61,000 1,507,000 -1,060,000 -48,000 -132,000 -293,000 280,000 -177,000 318,000 -414,000 256,000 -280,000 -217,000 -17,000 189,000 -140,000 -94,000 209,000 -237,000 -92,000 54,000 28,000 -42,000 15,000   -41,000 88,000 -17,000 18,000   -9,000 30,000  6,000 -3,000 4,000 -6,000 36,000       9,000 23,000       -24,000 33,000 -1,000 11,000        
      accounts payable and accrued expenses
    		  133,000 39,000 -812,000 877,000 -247,000 388,000 -539,000 -541,000 616,000 489,000 -468,000 198,000 32,000 -96,000 -555,000 241,000 -307,000 -10,000 114,000 87,000 33,000 120,000 15,000 -33,000 -17,000 91,000  -10,000 -20,000 115,000      -14,000 209,000 212,000  63,000 -12,000 107,000  -27,000 128,000 116,000    45,000  59,000              
      operating lease liabilities
    		    -45,000 -113,000                                                              
      deferred revenue
    		  955,000 -289,000 -414,000 -445,000 977,000 -223,000 -262,000 -348,000 1,024,000 -31,000 118,000 -105,000 -120,000 -232,000 -540,000 708,000 -529,000 -328,000 871,000 -330,000 -280,000 871,000 -328,000 -343,000    -456,000   -524,000    -295,000 301,000 -316,000 397,000   -29,000 284,000     875,000 -297,000 292,000 20,000        21,000 -24,000 51,000 80,000     
      net cash from operating activities
    		-2,988,000 -1,504,000 -963,000 -2,312,000 -3,633,000 -2,432,000 -3,654,000 -3,471,000 -3,782,000 -6,201,000 -2,986,000 -3,588,000 -2,810,000 -1,341,000 -884,000 -142,000 678,000 1,470,000 787,000 552,000 1,446,000 -206,000 9,000 682,000 -417,000 -572,000    200,000   -290,000    754,000 -52,000 595,000 113,000    55,000     736,000 -269,000 599,000 204,000                
      capex
    		0 0 -21,000 -301,000 -84,000 -97,000 34,000 -160,000 -16,000 -242,000 -611,000 -195,000 -167,000 -91,000 -22,000 -40,000 -15,000 -72,000 -96,000 -98,000 -38,000 -37,000 -4,000 0 -9,000 -14,000    0   0    0 0 0 0    0     0 0 0 0                
      free cash flows
    		-2,988,000 -1,504,000 -984,000 -2,613,000 -3,717,000 -2,529,000 -3,620,000 -3,631,000 -3,798,000 -6,443,000 -3,597,000 -3,783,000 -2,977,000 -1,432,000 -906,000 -182,000 663,000 1,398,000 691,000 454,000 1,408,000 -243,000 5,000 682,000 -426,000 -586,000    200,000   -290,000    754,000 -52,000 595,000 113,000    55,000     736,000 -269,000 599,000 204,000                
      investing activities:
    		                                                                   
      purchases of property and equipment
    		  -21,000 -4,000 -84,000 -97,000 34,000 -160,000 -16,000 -242,000 -611,000 -195,000 -167,000 -91,000 -22,000 -40,000 -15,000 -72,000 -96,000 -98,000 -38,000 -37,000 -4,000 0 -9,000 -14,000                                          
      capitalized software development
    		   -297,000                                                                
      net cash from investing activities
    		-407,000 -324,000 -416,000 -301,000 -366,000 -637,000 -316,000 -160,000 -16,000 -241,000                                                     1,158,000     
      financing activities:
    		                                                                   
      proceeds from notes payable
    		       5,000,000                                                            
      payments of notes payable issuance costs
    		                                                                   
      principal payments on notes payable
    		                                                                   
      reduction of finance lease liabilities
    		                                                                   
      proceeds from public stock offering, net of fees
    		    94,000                                                               
      proceeds from sale of common stock and warrants, net of fees
    		                                                                   
      proceeds from registered direct offering, net of fees
    		    984,000                                                               
      proceeds from non-registered private placement
    		                                                                   
      proceeds from stock options exercised
    		  0 7,000 1,000 0 4,000 62,000 0 76,000 7,000 161,000 16,000 108,000 10,000 75,000 10,000 6,000 220,000 40,000 1,000 70,000 0 0 11,000 0 0 99,000 0 0 0 66,000 16,000 0 14,000 47,000     68,000 -1,000 0 9,000 0                       
      proceeds related to the issuance of common stock under stock purchase plan
    		                                                                   
      withholdings related to stock-based compensation awards
    		                                                                   
      net cash from financing activities
    		3,357,000 1,705,000 1,268,000 9,000 108,000 2,957,000 4,909,000 5,610,000 745,000 4,258,000 -53,000 151,000 18,176,000 65,000 561,000 65,000 -29,000 -872,000 -1,392,000 23,000 -1,165,000 152,000  -478,000 555,000  -413,000 938,000    13,000        153,000     61,000 400,000 574,000 301,000     0 135,000 206,000 150,000 -830,000 130,000 461,000 619,000 0 0 4,731,000     
      net decrease in cash and cash equivalents
    		         -2,184,000 -3,735,000 -3,632,000   -345,000 -117,000   -701,000                                                 
      cash and cash equivalents at beginning of year
    		                                                                   
      cash and cash equivalents at end of year
    		                                                                   
      supplemental disclosure of cash flow activities:
    		                                                                   
      cash paid for interest
    		  50,000 109,000 5,000   1,000 17,000 0                                                          
      supplemental disclosure of non-cash investing and financing activities:
    		                                                                   
      capitalized assets and capitalized software included in accounts payable
    		                                                                   
      common stock issued for lease termination
    		    0 0                                                              
      common stock issued to reduce notes payable
    		                                                                   
      assets acquired under a right of use (“rou”) operating lease
    		                                                                   
      assets acquired under a rou finance lease
    		        175,000 1,607,000                                                          
      change in cash and cash equivalents
    		                                                                   
      bad debt expense
    		        1,000 0                                                          
      non-cash interest and interest accretion up to the redemption common stock settlement amount
    		                                                                   
      capitalization of software development
    		     -540,000                                                              
      payment on notes payable issuance costs
    		       -394,000                                                            
      proceeds from public stock offering net of fees
    		  1,309,000 21,000   255,000 949,000                                                            
      reduction of finance lease liability
    		  -41,000 -14,000 -62,000 -542,000 -34,000 -7,000  -569,000 -60,000 -10,000  -11,000 -11,000 -10,000 -16,000 -16,000 -15,000                                                 
      net increase in cash and cash equivalents
    		  -111,000 -2,604,000  -112,000 939,000 1,979,000     15,199,000    634,000   477,000 243,000 -91,000 -134,000 204,000 129,000 -356,000 320,000 144,000         681,000 -87,000 244,000 249,000                     170,000       
      cash and cash equivalents at beginning of period
    		  0 3,015,000  0 0 4,100,000 0 0 0 16,704,000  0 0 3,334,000 0 0 1,652,000 0 0 224,000 0 0 64,000 0 0 102,000  0 0 1,006,000  0 0 1,139,000  0 0 52,000  0 0 308,000  0 0 540,000  0 0 519,000  0 0 554,000  0 0 362,000 0 0 974,000  0 0 2,898,000 
      cash and cash equivalents at end of period
    		  -111,000 411,000  -112,000 939,000 6,079,000 -3,053,000 -2,184,000 -3,735,000 13,072,000  -1,367,000 -345,000 3,217,000 634,000 526,000 951,000 477,000 243,000 133,000 -134,000 204,000 193,000 -356,000 320,000 246,000  103,000 418,000 560,000  1,173,000 5,000 198,000  -87,000 244,000 301,000  326,000 -120,000 269,000  89,000 130,000 103,000  -93,000 26,000 365,000  -33,000 -38,000 174,000  -116,000 119,000 93,000 170,000 -4,151,000 5,787,000  661,000 85,000 945,000 
      equipment purchases and capitalized software included in accounts payable
    		                                                                   
      noncash lease costs
    		   77,000   75,000 75,000 74,000 48,000 60,000 61,000 108,000 62,000 61,000 63,000                                                    
      noncash interest and interest accretion up to the redemption common stock settlement amount
    		   296,000                                                                
      operating lease liability
    		   -86,000                                                                
      tax withholdings related to stock-based compensation awards
    		   -5,000                                                                
      capitalized asset and capitalized software included in accounts payable
    		   277,000                                                                
      gain on termination/modification of operating lease
    		                                                                   
      gain on extinguishment of debt
    		        0 0                                                          
      purchases of intangible assets – domain name
    		        0 0                                                          
      proceeds from note payable, net of original issue discount
    		                                                                   
      payments of debt issuance costs
    		                                                                   
      employee retention credit
    		                                                                   
      gain on termination/modification of lease
    		                                                                   
      proceeds from sale of equipment
    		        0                                                           
      proceeds from notes payable, net of original issue discount
    		                                                                   
      payment of debt issue costs
    		                                                                   
      principal payment on notes payable
    		                                                                   
      supplemental disclosure of non-cash financing activities:
    		                                                                   
      accretion of interest on notes payable
    		                                                                   
      proceeds from notes payable, net of issuance costs
    		                                                                   
      assets acquired under a rou operating lease
    		           31,000                                                        
      loss on abandoned real estate operating lease
    		                                                                   
      gain on modification of lease
    		        0                                                           
      proceeds from ppp loan payable
    		            0 0                                                      
      payments of dividends
    		            0 -32,000   -23,000 -47,000 -597,000                                                 
      principal payments on financing lease equipment
    		                                                                   
      preferred stock dividends accrued
    		            0 13,000 33,000 33,000 35,000 34,000 34,000 35,000 33,000 36,000 35,000 34,000 35,000 35,000 34,000 35,000 56,000 35,000 35,000 34,000 34,000 34,000 36,000 37,000 38,000 38,000 38,000 37,000 36,000 41,000 37,000 38,000 38,000 38,000 38,000 37,000 23,000 38,000 38,000 37,000 38,000 42,000 34,000 40,000 40,000 15,000 66,000 40,000        
      conversion of preferred stock to common stock
    		                                                                   
      conversion of preferred stock to common
    		             1,747,000 0 96,000                                                    
      assets acquired under a right of use (“rou) operating lease
    		         181,000                                                          
      penalties and waived penalties on dividends
    		                   12,000   9,000 8,000 7,000 5,000 4,000 4,000 3,000 2,000   0 0 0 6,000 8,000 10,000 5,000 7,000 2,000 9,000 2,000 3,000 3,000                       
      payments on loan from officer
    		                0                                                   
      proceeds from public stock offering
    		                                                                   
      supplemental cash flow information:
    		                                                                   
      interest paid on leased assets
    		                                                                   
      interest paid on loan from officer
    		                                                                   
      income taxes paid
    		                                                                   
      supplemental disclosure of non cash financing activities:
    		                                                                   
      conversion of preferred shares to common shares
    		                                                                   
      penalties on dividends
    		                0 0 6,000   12,000                                              
      supplemental disclosure of non cash operating and financing activities:
    		                                                                   
      extinguishment of u.k. cumulative translation adjustment
    		                                                                   
      inventories
    		                   0 0 15,000    1,000       0            31,000        10,000 -11,000 10,000 4,000 75,000 -12,000 40,000 24,000        
      operating lease, right-of-use asset
    		                60,000 58,000 246,000                                                 
      borrowings on loan from officer
    		                     100,000   580,000   525,000                                        
      purchase of leased equipment per right-of-use finance lease
    		                                                                   
      initial recognition of operating lease, right-of-use asset
    		                0 27,000 1,744,000                                                 
      payments on loan to officer
    		                  -1,000,000                                                 
      gain on sale of investment
    		                                                                   
      proceeds from sale of investment
    		                                                                   
      borrowings on loans from officer
    		                                                                   
      payments on loans from officer
    		                                                                   
      principal payments on capital leases
    		                   -17,000 -16,000 -18,000 -35,000 -38,000 -36,000 -50,000                                          
      purchase of leased equipment under capital lease
    		                             9,000 62,000 154,000  45,000 0 177,000  0    82,000 0 71,000                        
      proceeds from loan from officer
    		                                                                   
      principal payments on loan from officer
    		                                                                   
      purchase of leased equipment per capital lease
    		                    48,000 41,000                                              
      net cash from (used by) investing activities
    		                                                                   
      proceeds from line of credit
    		                         0       0 123,000   0 0 0 508,000 274,000 349,000                          
      payments on line of credit
    		                         0                                          
      net cash from (used by) financing activities
    		                                                                   
      proceeds from loans from officer
    		                                                                   
      proceeds from line-of-credit
    		                           364,000                                        
      conversion of preferred shares to common stock
    		                                0 0 70,000 93,000                                
      adjustments to reconcile net income to net cash from (used) operating activities:
    		                                                                   
      principal payments on capital lease equipment
    		                                                                   
      purchase of equipment through capital lease
    		                                                                   
      net cash used by financing activities
    		                                                                   
      accounts payable, accrued expenses and other current liabilities
    		                                                                   
      cash paid during the year for interest
    		                                 82,000    135,000 4,000 5,000  4,000 5,000 4,000      0                  
      adjustments to reconcile net income to net cash from in operating activities:
    		                                                                   
      proceeds from warrants exercised
    		                                         0   -1,000 0                      
      extinguishment of malaysia subsidiary cumulative translation adjustment
    		                                                                   
      borrowings from officer
    		                                              575,000 325,000     0 135,000 205,000 150,000 0 0 475,000 705,000        
      dividends paid on preferred stock
    		                                                                   
      adjustments to reconcile net income to net cash from (used) in operating activities:
    		                                                                   
      depreciation and amortization of leased assets
    		                                           36,000                        
      payment on line of credit
    		                                                                   
      principal payments on leased equipment
    		                                                                   
      extinguishment of malaysia (2011) & france (2010) subsidiary cumulative translation adjustment
    		                                                                   
      borrowings from line of credit
    		                                                                   
      interest paid
    		                                                                   
      extinguishment of france subsidiary cumulative translation adjustment
    		                                                                   
      proceeds from issuance of common stock
    		                                                                   
      series 1 preferred stock converted to common stock
    		                                                                   
      benefit from doubtful accounts
    		                                                                   
      net payments on line of credit
    		                                                                   
      net activity under line of credit
    		                                                                   
      proceeds from the issuance of common stock
    		                                                                   
      inventory transferred to property and equipment
    		                                                                   
      series 1 preferred stock converted to common
    		                                                                   
      inventories consist of:
    		                                                                   
      finished goods
    		                                                      -9,000 66,000            
      demonstration systems
    		                                                      -1,000 2,000            
      reserve for obsolete inventory
    		                                                                   
      net inventory
    		                                                      -10,000 16,000            
      stock based compensation
    		                                                                   
      other assets
    		                                                            54,000 148,000 48,000 -86,000 -18,000   
      purchases of short-term investments
    		                                                                   
      maturities of short-term investments
    		                                                            1,330,000 505,000 1,200,000 1,270,000 3,400,000 3,400,000 1,525,000 
      net purchases of property and equipment
    		                                                                   
      proceeds from the exercise of employee stock options
    		                                                            0 0 6,000     
      proceeds from the issuance of preferred stock and warrants
    		                                                            0 0 4,725,000     
      fair value of warrants issued in connection with sale of preferred stock
    		                                                            0 0 1,191,000     
      amortization of preferred stock beneficial conversion feature
    		                                                            0 0 938,000     
      preferred stock dividend accrued
    		                                                            67,000       
      adjustments to reconcile net income to net cash from operating activities
    		                                                                   
      net increase(decrease) in cash and cash equivalents
    		                                                              4,813,000     
      income from continuing operations
    		                                                               -1,472,000 -2,414,000 -2,933,000 -2,781,000 
      adjustments to reconcile income from continuing operations to net cash from operating activities:
    		                                                                   
      impairment of intangible assets
    		                                                                   
      deferred income tax expense
    		                                                                   
      income tax receivable
    		                                                                   
      net cash from operating activities of continuing operations
    		                                                                   
      net cash from investing activities of continuing operations
    		                                                               1,223,000   455,000 
      exercise of warrants and employee stock options
    		                                                                   
      other
    		                                                                   
      net cash from financing activities of continuing operations
    		                                                                   
      net cash from discontinued operations
    		                                                                   
      effect of foreign currency translation adjustment on cash and cash equivalents
    		                                                                   
      adjustments to reconcile income from continuing operations to net cash from operating activities of continuing operations:
    		                                                                   
      income taxes receivable
    		                                                                   
      issuance of shares in employee stock purchase plan
    		                                                                   
      effect of foreign currency translation adjustments on cash and cash equivalents
    		                                                                   
      adjustments to reconcile income from continuingoperations to net cash from operating activities of continuing operations:
    		                                                                   
      net cash from operating activities of continuingoperations
    		                                                                   
      net cash from investing activities ofcontinuing operations
    		                                                                   
      net cash from financing activities ofcontinuing operations
    		                                                                   
      effect of foreign currency translation adjustmentson cash and cash equivalents
    		                                                                   
      net re-payment of capital leases
    		                                                                   
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.