Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows (Unaudited)

v3.19.1
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Operating activities:    
Net loss $ (950) $ (4,530)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 408 699
Stock-based compensation 231 210
Accretion of debt discount and issuance costs 128 746
Gain on lease modification (21) 0
Change in fair value of warrant liability 289 (387)
Deferred income taxes 0 (37)
Changes in operating assets and liabilities:    
Receivables 1,914 1,645
Contract assets (1,176) 14
Income taxes receivable / payable (3) (62)
Prepaid expenses and other assets 125 (317)
Accounts payable and other accrued liabilities (75) (444)
Accrued compensation (405) 0
Deferred revenue (424) 603
Deferred rent 0 (75)
Other non-current liabilities (24) 186
Net cash provided by (used in) operating activities 17 (1,749)
Investing activities:    
Purchases of property and equipment (14) (2)
Net cash used in investing activities (14) (2)
Financing activities:    
Proceeds from term loan and warrant issuance 0 10,000
Principal payments on term loans 0 (8,000)
Payments for term loan issuance costs 0 (1,308)
Principal payments on financing obligations (80) (99)
Common stock repurchases to settle employee withholding liability (36) (19)
Net cash provided by (used in) financing activities (116) 574
Effect of exchange rate changes on cash 48 45
Net decrease in cash and cash equivalents (65) (1,132)
Cash and cash equivalents, beginning of period 8,636  
Cash and cash equivalents, end of period 8,571 6,558
Supplemental disclosures of net cash paid (received) during the period:    
Income taxes, net (17) 6
Interest, net $ 4 $ 33