Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 20,370us-gaap_NetIncomeLoss $ 4,089us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 105us-gaap_Depreciation 66us-gaap_Depreciation
Stock-based compensation 49us-gaap_ShareBasedCompensation 110us-gaap_ShareBasedCompensation
Deferred income taxes (43)us-gaap_IncreaseDecreaseInDeferredIncomeTaxes 16us-gaap_IncreaseDecreaseInDeferredIncomeTaxes
Changes in assets and liabilities:    
Accounts receivable   (17)us-gaap_IncreaseDecreaseInAccountsReceivable
Inventories, net (2,029)us-gaap_IncreaseDecreaseInInventories (974)us-gaap_IncreaseDecreaseInInventories
Other current assets (501)us-gaap_IncreaseDecreaseInOtherCurrentAssets (35)us-gaap_IncreaseDecreaseInOtherCurrentAssets
Other assets (85)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets (38)us-gaap_IncreaseDecreaseInOtherNoncurrentAssets
Accounts payable (822)us-gaap_IncreaseDecreaseInAccountsPayable 1,673us-gaap_IncreaseDecreaseInAccountsPayable
Income taxes payable 243us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 16us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Accrued distributor commissions 5,077us-gaap_IncreaseDecreaseInAccruedLiabilities 2,679us-gaap_IncreaseDecreaseInAccruedLiabilities
Other accrued expenses 3,706us-gaap_IncreaseDecreaseInOtherAccruedLiabilities 1,467us-gaap_IncreaseDecreaseInOtherAccruedLiabilities
Deferred revenue 147us-gaap_IncreaseDecreaseInDeferredRevenue 1,738us-gaap_IncreaseDecreaseInDeferredRevenue
Amounts held in distributor eWallets 2,065us-gaap_IncreaseDecreaseInCustomerAdvancesAndDeposits  
Other current liabilities 666us-gaap_IncreaseDecreaseInOtherCurrentLiabilities (104)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities
Long-term incentive 1,665us-gaap_IncreaseDecreaseInDeferredCompensation  
Net cash provided by operating activities 30,613us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 10,686us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (339)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (210)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Increase in restricted cash   (82)us-gaap_IncreaseDecreaseInRestrictedCash
Net cash used in investing activities (339)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (292)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from exercise of warrants 4,948us-gaap_ProceedsFromWarrantExercises  
Repurchase of common stock (4,661)us-gaap_PaymentsForRepurchaseOfCommonStock (52)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid (476)us-gaap_PaymentsOfDividends  
Net cash used in financing activities (189)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (52)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Effect of exchange rates on cash and cash equivalents 181us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 1us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Net increase in cash and cash equivalents 30,266us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 10,343us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, beginning of period 14,550us-gaap_CashAndCashEquivalentsAtCarryingValue 4,207us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, end of period $ 44,816us-gaap_CashAndCashEquivalentsAtCarryingValue $ 14,550us-gaap_CashAndCashEquivalentsAtCarryingValue