Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements Of Cash Flows (Unaudited)

v3.7.0.1
Condensed Consolidated Statements Of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Operating activities:    
Net loss $ (3,562) $ (4,132)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation and amortization 774 852
Stock-based compensation 413 351
Accretion of debt discount and issuance costs 111 0
Change in fair value of warrant liability 78 0
Deferred income taxes (33) (1)
Changes in operating assets and liabilities:    
Receivables 2,896 3,911
Income taxes receivable / payable 148 245
Prepaid expenses and other assets (23) (1,170)
Accounts payable and other accrued liabilities (367) (101)
Accrued compensation (245) (1,006)
Deferred revenue 178 (756)
Deferred rent (75) (48)
Other non-current liabilities 0 (125)
Net cash provided by (used in) operating activities 293 (1,980)
Investing activities:    
Sales and maturities of marketable securities 0 4,000
Purchases of property and equipment (14) (12)
Net cash provided by (used in) investing activities (14) 3,988
Payment for term loan issuance costs 125 0
Financing activities:    
Principal payments on financing obligations (125) (118)
Common stock repurchases to settle employee withholding liability 0 (1)
Net cash used in financing activities (250) (119)
Effect of exchange rate changes on cash 18 50
Net increase in cash and cash equivalents 47 1,939
Cash and cash equivalents, beginning of period 10,364 7,072
Cash and cash equivalents, end of period 10,411 9,011
Supplemental disclosures of net cash paid (received) during the period:    
Income taxes, net (125) 22
Interest, net $ 208 $ 18