XML 47 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net Loss $ (5,318) $ (9,695)
Loss from discontinued operations, net of tax 767 2,065
Loss from continuing operations (4,551) (7,630)
Adjustments to reconcile net loss from continuing operations to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,810 3,500
Warrants issued for services 87 0
Stock-based compensation (expense) 739 551
Lease expense in excess of cash 115 49
Amortization of deferred financing costs 940 1,066
Amortization of debt discounts (16) 370
Derivative gain 0 (189)
Loss on debt extinguishment 583 27
Loss on disposal of assets 0 4
Provision for bad debts 1,696 2,067
Changes in certain assets and liabilities, net of acquisitions:    
Accounts receivable (5,032) (4,883)
Prepaid expenses and other (3,065) (1,249)
Other assets 18 386
Accounts payable and accrued expenses (3,014) 5,645
Net cash used in operating activities - continuing operations (7,690) (286)
Net cash provided by operating activities - discontinued operations (942) 30
Net cash (used in) provided by operating activities (8,632) (256)
Cash flows from investing activities:    
Change in restricted cash and investments and escrow deposits for acquisitions 7,285 (2,791)
Purchase of property and equipment (2,683) (1,819)
Net cash used in investing activities - continuing operations 4,602 (4,610)
Net cash provided by (used in) investing activities - discontinued operations (497) 671
Net cash used in investing activities 4,105 (3,939)
Cash flows from financing activities:    
Proceeds from debt 3,255 2,372
Proceeds from note receivable 0 3,240
Proceeds from convertible debt 6,055 0
Repayment on notes payable (6,230) (3,952)
Repayment on bonds payable (3,049) 0
Repayment on convertible debt (4,014) 0
Change in lines of credit (113) (355)
Debt issuance costs (648) (338)
Exercise of warrants and options 2,342 67
Preferred stock issuance costs (50) 0
Dividends paid on preferred stock (1,292) (612)
Net cash flows (used in) provided by financing activities - continuing operations (3,744) 422
Net cash flows used in financing activities - discontinued operations 44 (1,942)
Net cash flows (used in) provided by provided by financing activities (3,700) (1,520)
Net Change in Cash (8,227) (5,715)
Cash, Beginning 19,374 15,937
Cash, Ending 11,147 10,222
Cash paid during the year for:    
Interest 4,909 5,381
Income taxes 0 0
Supplemental Disclosure of Non-Cash Activities:    
Conversions of debt to equity 2,930 349
Notes surrendered and cancelled in payment 445 0
Warrants issued in conjunction with debt offering $ 87 $ 0