we call this type of solution a catalog solution and we are placing a greater emphasis on developing and marketing these solutions . in order to grow our revenue from its current level , we depend upon increased revenue from our new products including existing new product platforms and platforms currently in development . we expect our business growth to be driven by silicon solutions and our solutions revenue growth needs to be strong enough to enable us to sustain profitability while we continue to invest in the development , sales and marketing of our new solution platforms and psbs . the gross margin associated with our solutions is generally lower than the gross margin of our fpga products , due primarily to the price sensitive nature of the higher volume mobile consumer opportunities that we are pursuing with our solutions . during 2015 , we generated total revenue of $ 19.0 million which represents a 32 % decrease from 2014 . our new product revenue was $ 12.0 million which represents a 38 % decrease from 2014 while our mature product revenue was $ 6.9 million which represents a 19 % decrease from 2014 . we shipped our new products into four of our targeted mobile market segments : smartphones , wearables , mobile enterprise , and tablets . overall , we reported a net loss of $ 17.8 million for 2015 compared to a net loss of $ 13.1 million for 2014. we have experienced net losses in the past years and expect such losses to continue through at least the year ending january 1 , 2017 as we continue to develop new products , applications and technologies . whether we can achieve cash flow 26 levels sufficient to support our operations can not be accurately predicted . unless such cash flow levels are achieved in addition to the proceeds that we expect to receive from our recent sale of our equity securities , which is expected to close on or about march 21 , 2016 , we may need to borrow additional funds or sell debt or equity securities , or some combination thereof , to provide funding for our operations , such additional funding may not be available on commercially reasonable terms , or at all . critical accounting policies and estimates the methods , estimates and judgments we use in applying our most critical accounting policies have a significant impact on the results we report in our consolidated financial statements . the sec has defined critical accounting policies as those that are most important to the portrayal of our financial condition and results of operations and require us to make our most difficult and subjective judgments , often as a result of the need to make estimates of matters that are inherently uncertain . based on this definition , our critical policies include revenue recognition including sales returns and allowances , valuation of inventories including identification of excess quantities and product obsolescence , allowance for doubtful accounts , valuation of investments , valuation of long-lived assets , measurement of stock-based compensation , accounting for income taxes , and estimating accrued liabilities . we believe that we apply judgments and estimates in a consistent manner and that such consistent application results in consolidated financial statements and accompanying notes that fairly represent all periods presented . however , any factual errors or errors in these judgments and estimates may have a material impact on our financial statements . revenue recognition we supply standard products which must be programmed before they can be used in an application . our products may be programmed by us , distributors , end-customers or third parties . we recognize revenue as products are shipped if evidence of an arrangement exists , delivery has occurred , the sales price is fixed or determinable , collection of the resulting receivable is reasonably assured and product returns are reasonably estimable . revenue is recognized upon shipment of programmed and unprogrammed parts to both oem customers and distributors , provided that legal title and risk of ownership have transferred . parts held by distributors may be returned for quality reasons only under our standard warranty policy . see note 2 to the consolidated financial statements for our standard warranty policy . we have not had a history of significant product returns . valuation of inventories inventories are stated at the lower of standard cost or net realizable value . standard cost approximates actual cost on a first-in , first-out basis . we routinely evaluate quantities and values of our inventories in light of current market conditions and market trends and record reserves for quantities in excess of demand and product obsolescence . the evaluation may take into consideration historic usage , expected demand , anticipated sales price , the stage in the product life cycle of our customers ' products , new product development schedules , the effect new products might have on the sale of existing products , product obsolescence , customer design activity , customer concentrations , product merchantability and other factors . market conditions are subject to change . actual consumption of inventories could differ from forecasted demand and this difference could have a material impact on our gross margin and inventory balances based on additional provisions for excess or obsolete inventories or a benefit from inventories previously written down . we also regularly review the cost of inventories against estimated market value and record a lower of cost or market reserve for inventories that have a cost in excess of estimated market value , which could have a material impact on our gross margin and inventory balances based on additional write-downs to net realizable value or a benefit from inventories previously written down . our semiconductor products have historically had an unusually long product life cycle and obsolescence has not been a significant factor in the valuation of inventories . story_separator_special_tag the $ 3.8 million increase in r & d expenses in 2014 as compared to 2013 is attributable primarily to a $ 1.7 million increase in compensation expense due to increased headcount , $ 835,000 increase in the cost of outside services due to an increase in third-party chip design costs , $ 429,000 increase in purchased intellectual property , and $ 386,000 increase in stock based compensation costs . these increases were partially offset by a reduction of $ 131,000 in engineering equipment and supplies expense . selling , general and administrative expense . our selling , general and administrative expenses consist primarily of personnel and related overhead costs for sales , marketing , finance , administration , human resources and legal . selling , general and administrative , or sg & a , expense was $ 11.7 million and $ 12.0 million in 2014 and 2013 , respectively , which represented 41.9 % and 46.0 % of revenue for those periods . the $ 339,000 decrease in sg & a expenses in 2014 as compared to 2013 is attributable primarily to the decrease in executive bonus payments . restructuring costs . in an effort to consolidate and streamline its engineering organization , the company incurred restructuring costs of $ 181,000 in 2013 to pay for employee severance benefits . interest expense and interest income and other expense , net the table below sets forth the changes in interest expense and interest income and other expense , net for 2014 as compared to 2013 ( in thousands , except percentage data ) : replace_table_token_14_th the increase in interest expense is due primarily to the increase of our capital software lease obligation to $ 357,000 in 2014 from $ 310,000 in 2013 . the change in interest income and other expense , net was due primarily to a decrease of foreign exchange losses in 2014 as compared to 2013 . provision for income taxes . the table below sets forth the changes in provision for ( benefit from ) income taxes for 2014 as compared to 2013 ( in thousands , except percentage data ) : replace_table_token_15_th the income tax expense for 2014 and 2013 respectively , was primarily for our foreign operations which are cost-plus entities . included within the provision for income taxes for 2013 was a charge in the amount of $ 273,000 relating to our investment in towerjazz . this expense was previously recorded as a component of other comprehensive income and reclassified to the provision for income taxes upon the sale of our investment in towerjazz . as of the end of 2014 , our ability to utilize our u.s. deferred tax assets in future periods was uncertain and , accordingly , we recorded a full valuation allowance against the related u.s. tax asset . we will continue to assess the realizability of deferred tax assets in future periods . 33 liquidity and capital resources we have financed our operations and capital investments through sales of common stock , capital and operating leases , a bank line of credit and cash flow from operations . as of january 3 , 2016 , our principal sources of liquidity consisted of our cash and cash equivalents of $ 19.1 million and available credit under our revolving line of credit with silicon valley bank of $ 4.0 million , which expires in september 25 , 2017. additionally , we have an accumulated deficit of approximately $ 221 million and experienced net losses in the past years and expect such losses to continue through at least the year ending january 1 , 2017 as we continue to develop new products , applications and technologies . on march 16 , 2016 , we announced the pricing of the company 's firm underwritten public offering of an aggregate of 10.0 million newly issued shares of common stock at a price of $ 1.00 per share , $ 0.001 par value . we expect to receive gross proceeds of approximately $ 10.0 million , before deducting underwriting discounts and other estimated offering expenses . the net proceeds from the offering are expected to be approximately $ 8.9 million after deduction of underwriting discounts and assuming no exercise of the underwriters ' over-allotment option . the underwriters have also been granted a 30-day option to purchase up to 1.5 million shares of common stock to cover over-allotments , if any . we expect to use the net proceeds from the offering for working capital and other general corporate purposes . we may also use a portion of the net proceeds to acquire and or license technologies and acquire and or invest in businesses when the opportunity arises . see note 18 to the consolidated financial statements for the details . the shares are being offered by us pursuant to a shelf registration statement previously filed with the sec , which was declared effective by the sec on august 30 , 2013 , and as supplemented by a prospectus supplement dated march 17 , 2016 filed with the sec pursuant to rule 424 ( b ) under the securities act of 1933 , as amended . see notes 14 and 18 to the consolidated financial statements for details . over the longer term , the company anticipates that the generation of sales from its new product offerings , existing cash and cash equivalents , together with financial resources from its revolving line of credit with silicon valley bank and its ability to raise additional capital in the public capital markets will be sufficient to satisfy its operations and capital expenditures . however , the company can not provide any assurance that it will be able to raise additional capital , if required , or that such capital will be available on terms acceptable to the company . the inability of the company to generate sufficient sales from its new product offerings and or raise additional capital if needed could have a material adverse effect

net cash from operating activities in 2015 , net cash used in operating activities was $ 11.8 million , and resulted primarily from a net loss of $ 17.8 million offset by $ 3.7 million in non-cash charges . these non-cash charges included write-downs of inventories in the amount of $ 229,000 to reflect excess quantities , depreciation and amortization of our long-lived assets of $ 1.4 million and stock-based compensation of $ 1.9 million . in addition , changes in working capital accounts provided cash of $ 2.0 million as a result of an increase in accounts payable of $ 260,000 , decrease in gross inventory of $ 1.8 million and , decrease of other assets of $ 300,000 , partially offset by a decrease of accrued liabilities of $ 94,000 and an increase in accounts receivable of $ 49,000 . inventory decrease was primarily due to sale of existing arcticlink iii and polarpro products inventory purchased in prior year . in 2014 , net cash used in operating activities was $ 10.8 million , and resulted primarily from a net loss of $ 13.1 million offset by $ 3.8 million in non-cash charges . these non-cash charges included write-downs of inventories in the amount of $ 119,000 to reflect excess quantities , depreciation and amortization of our long-lived assets of $ 1.5 million and stock-based compensation of $ 2.2 million .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```net cash from operating activities in 2015 , net cash used in operating activities was $ 11.8 million , and resulted primarily from a net loss of $ 17.8 million offset by $ 3.7 million in non-cash charges . these non-cash charges included write-downs of inventories in the amount of $ 229,000 to reflect excess quantities , depreciation and amortization of our long-lived assets of $ 1.4 million and stock-based compensation of $ 1.9 million . in addition , changes in working capital accounts provided cash of $ 2.0 million as a result of an increase in accounts payable of $ 260,000 , decrease in gross inventory of $ 1.8 million and , decrease of other assets of $ 300,000 , partially offset by a decrease of accrued liabilities of $ 94,000 and an increase in accounts receivable of $ 49,000 . inventory decrease was primarily due to sale of existing arcticlink iii and polarpro products inventory purchased in prior year . in 2014 , net cash used in operating activities was $ 10.8 million , and resulted primarily from a net loss of $ 13.1 million offset by $ 3.8 million in non-cash charges . these non-cash charges included write-downs of inventories in the amount of $ 119,000 to reflect excess quantities , depreciation and amortization of our long-lived assets of $ 1.5 million and stock-based compensation of $ 2.2 million .
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 Suspicious Activity Report : we call this type of solution a catalog solution and we are placing a greater emphasis on developing and marketing these solutions . in order to grow our revenue from its current level , we depend upon increased revenue from our new products including existing new product platforms and platforms currently in development . we expect our business growth to be driven by silicon solutions and our solutions revenue growth needs to be strong enough to enable us to sustain profitability while we continue to invest in the development , sales and marketing of our new solution platforms and psbs . the gross margin associated with our solutions is generally lower than the gross margin of our fpga products , due primarily to the price sensitive nature of the higher volume mobile consumer opportunities that we are pursuing with our solutions . during 2015 , we generated total revenue of $ 19.0 million which represents a 32 % decrease from 2014 . our new product revenue was $ 12.0 million which represents a 38 % decrease from 2014 while our mature product revenue was $ 6.9 million which represents a 19 % decrease from 2014 . we shipped our new products into four of our targeted mobile market segments : smartphones , wearables , mobile enterprise , and tablets . overall , we reported a net loss of $ 17.8 million for 2015 compared to a net loss of $ 13.1 million for 2014. we have experienced net losses in the past years and expect such losses to continue through at least the year ending january 1 , 2017 as we continue to develop new products , applications and technologies . whether we can achieve cash flow 26 levels sufficient to support our operations can not be accurately predicted . unless such cash flow levels are achieved in addition to the proceeds that we expect to receive from our recent sale of our equity securities , which is expected to close on or about march 21 , 2016 , we may need to borrow additional funds or sell debt or equity securities , or some combination thereof , to provide funding for our operations , such additional funding may not be available on commercially reasonable terms , or at all . critical accounting policies and estimates the methods , estimates and judgments we use in applying our most critical accounting policies have a significant impact on the results we report in our consolidated financial statements . the sec has defined critical accounting policies as those that are most important to the portrayal of our financial condition and results of operations and require us to make our most difficult and subjective judgments , often as a result of the need to make estimates of matters that are inherently uncertain . based on this definition , our critical policies include revenue recognition including sales returns and allowances , valuation of inventories including identification of excess quantities and product obsolescence , allowance for doubtful accounts , valuation of investments , valuation of long-lived assets , measurement of stock-based compensation , accounting for income taxes , and estimating accrued liabilities . we believe that we apply judgments and estimates in a consistent manner and that such consistent application results in consolidated financial statements and accompanying notes that fairly represent all periods presented . however , any factual errors or errors in these judgments and estimates may have a material impact on our financial statements . revenue recognition we supply standard products which must be programmed before they can be used in an application . our products may be programmed by us , distributors , end-customers or third parties . we recognize revenue as products are shipped if evidence of an arrangement exists , delivery has occurred , the sales price is fixed or determinable , collection of the resulting receivable is reasonably assured and product returns are reasonably estimable . revenue is recognized upon shipment of programmed and unprogrammed parts to both oem customers and distributors , provided that legal title and risk of ownership have transferred . parts held by distributors may be returned for quality reasons only under our standard warranty policy . see note 2 to the consolidated financial statements for our standard warranty policy . we have not had a history of significant product returns . valuation of inventories inventories are stated at the lower of standard cost or net realizable value . standard cost approximates actual cost on a first-in , first-out basis . we routinely evaluate quantities and values of our inventories in light of current market conditions and market trends and record reserves for quantities in excess of demand and product obsolescence . the evaluation may take into consideration historic usage , expected demand , anticipated sales price , the stage in the product life cycle of our customers ' products , new product development schedules , the effect new products might have on the sale of existing products , product obsolescence , customer design activity , customer concentrations , product merchantability and other factors . market conditions are subject to change . actual consumption of inventories could differ from forecasted demand and this difference could have a material impact on our gross margin and inventory balances based on additional provisions for excess or obsolete inventories or a benefit from inventories previously written down . we also regularly review the cost of inventories against estimated market value and record a lower of cost or market reserve for inventories that have a cost in excess of estimated market value , which could have a material impact on our gross margin and inventory balances based on additional write-downs to net realizable value or a benefit from inventories previously written down . our semiconductor products have historically had an unusually long product life cycle and obsolescence has not been a significant factor in the valuation of inventories . story_separator_special_tag the $ 3.8 million increase in r & d expenses in 2014 as compared to 2013 is attributable primarily to a $ 1.7 million increase in compensation expense due to increased headcount , $ 835,000 increase in the cost of outside services due to an increase in third-party chip design costs , $ 429,000 increase in purchased intellectual property , and $ 386,000 increase in stock based compensation costs . these increases were partially offset by a reduction of $ 131,000 in engineering equipment and supplies expense . selling , general and administrative expense . our selling , general and administrative expenses consist primarily of personnel and related overhead costs for sales , marketing , finance , administration , human resources and legal . selling , general and administrative , or sg & a , expense was $ 11.7 million and $ 12.0 million in 2014 and 2013 , respectively , which represented 41.9 % and 46.0 % of revenue for those periods . the $ 339,000 decrease in sg & a expenses in 2014 as compared to 2013 is attributable primarily to the decrease in executive bonus payments . restructuring costs . in an effort to consolidate and streamline its engineering organization , the company incurred restructuring costs of $ 181,000 in 2013 to pay for employee severance benefits . interest expense and interest income and other expense , net the table below sets forth the changes in interest expense and interest income and other expense , net for 2014 as compared to 2013 ( in thousands , except percentage data ) : replace_table_token_14_th the increase in interest expense is due primarily to the increase of our capital software lease obligation to $ 357,000 in 2014 from $ 310,000 in 2013 . the change in interest income and other expense , net was due primarily to a decrease of foreign exchange losses in 2014 as compared to 2013 . provision for income taxes . the table below sets forth the changes in provision for ( benefit from ) income taxes for 2014 as compared to 2013 ( in thousands , except percentage data ) : replace_table_token_15_th the income tax expense for 2014 and 2013 respectively , was primarily for our foreign operations which are cost-plus entities . included within the provision for income taxes for 2013 was a charge in the amount of $ 273,000 relating to our investment in towerjazz . this expense was previously recorded as a component of other comprehensive income and reclassified to the provision for income taxes upon the sale of our investment in towerjazz . as of the end of 2014 , our ability to utilize our u.s. deferred tax assets in future periods was uncertain and , accordingly , we recorded a full valuation allowance against the related u.s. tax asset . we will continue to assess the realizability of deferred tax assets in future periods . 33 liquidity and capital resources we have financed our operations and capital investments through sales of common stock , capital and operating leases , a bank line of credit and cash flow from operations . as of january 3 , 2016 , our principal sources of liquidity consisted of our cash and cash equivalents of $ 19.1 million and available credit under our revolving line of credit with silicon valley bank of $ 4.0 million , which expires in september 25 , 2017. additionally , we have an accumulated deficit of approximately $ 221 million and experienced net losses in the past years and expect such losses to continue through at least the year ending january 1 , 2017 as we continue to develop new products , applications and technologies . on march 16 , 2016 , we announced the pricing of the company 's firm underwritten public offering of an aggregate of 10.0 million newly issued shares of common stock at a price of $ 1.00 per share , $ 0.001 par value . we expect to receive gross proceeds of approximately $ 10.0 million , before deducting underwriting discounts and other estimated offering expenses . the net proceeds from the offering are expected to be approximately $ 8.9 million after deduction of underwriting discounts and assuming no exercise of the underwriters ' over-allotment option . the underwriters have also been granted a 30-day option to purchase up to 1.5 million shares of common stock to cover over-allotments , if any . we expect to use the net proceeds from the offering for working capital and other general corporate purposes . we may also use a portion of the net proceeds to acquire and or license technologies and acquire and or invest in businesses when the opportunity arises . see note 18 to the consolidated financial statements for the details . the shares are being offered by us pursuant to a shelf registration statement previously filed with the sec , which was declared effective by the sec on august 30 , 2013 , and as supplemented by a prospectus supplement dated march 17 , 2016 filed with the sec pursuant to rule 424 ( b ) under the securities act of 1933 , as amended . see notes 14 and 18 to the consolidated financial statements for details . over the longer term , the company anticipates that the generation of sales from its new product offerings , existing cash and cash equivalents , together with financial resources from its revolving line of credit with silicon valley bank and its ability to raise additional capital in the public capital markets will be sufficient to satisfy its operations and capital expenditures . however , the company can not provide any assurance that it will be able to raise additional capital , if required , or that such capital will be available on terms acceptable to the company . the inability of the company to generate sufficient sales from its new product offerings and or raise additional capital if needed could have a material adverse effect

