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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net (loss) income $ (2,408,000) $ 1,258,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 2,820,000 3,198,000
Amortization of right-of-use assets 635,000 695,000
Stock-based compensation expense 3,185,000 2,425,000
Deferred tax expense (benefit) 9,000 (147,000)
Loss on disposal of assets 108,000 0
Loss on foreign currency transactions 7,000 65,000
Provision for expected credit losses 82,000 325,000
Non-cash interest expense 120,000 38,000
Changes in derivative financial instruments 171,000 0
Changes in contingent consideration obligations 23,000 16,000
Changes in operating assets and liabilities:    
Accounts receivable 944,000 1,187,000
Prepaid expenses, other current assets and other assets 768,000 (774,000)
Accounts payable and accrued liabilities (638,000) (5,009,000)
Deferred revenue (275,000) 85,000
Net cash provided by operating activities 5,551,000 3,362,000
Cash flows from investing activities:    
Purchases of property and equipment (87,000) (283,000)
Acquisition of business, net of cash acquired 0 (11,808,000)
Net cash used in investing activities (87,000) (12,091,000)
Cash flows from financing activities:    
Proceeds from exercise of stock options 564,000 681,000
Repurchases of common stock (65,000) 0
Payments of finance leases (5,000) (41,000)
Proceeds from revolving loan 0 7,000,000
Payments for restricted stock awards withheld for taxes (86,000) (89,000)
Payments of term loan (875,000) (7,317,000)
Net cash (used in) provided by financing activities (467,000) 234,000
Change in cash and cash equivalents prior to effect of foreign currency exchange rate 4,997,000 (8,495,000)
Effect of foreign currency exchange rate (128,000) (60,000)
Net increase (decrease) in cash and cash equivalents 4,869,000 (8,555,000)
Cash and cash equivalents as of beginning of period 27,241,000 28,366,000
Cash and cash equivalents as of end of period 32,110,000 19,811,000
Supplemental disclosure of cash flow information:    
Cash paid for interest 123,000 361,000
Cash paid for income taxes $ 973,000 $ 297,000