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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities    
Net loss $ (5,493) $ (7,595)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Stock-based compensation expense 2,574 2,272
Paid-in-kind interest expense 0 1,453
Depreciation expense 162 23
Amortization expense 701 347
Change in fair value of warrants 0 (64)
Change in fair value of contingent consideration 635 0
401(k) employer match in common shares 257 0
Changes in operating assets and liabilities:    
Receivables 2,129 633
Unbilled receivables 756 (626)
Prepaid expenses and other current assets 640 (612)
Accounts payable (117) 349
Deferred revenue 3,985 907
Leases liabilities 29 (88)
Other accrued liabilities 174 (145)
Net cash provided by (used in) operating activities 6,432 (3,146)
Cash flows from investing activities    
Purchase of property and equipment (827) (14)
Net cash used in investing activities (827) (14)
Cash flows from financing activities    
Dividends paid (2,200) 0
Proceeds from warrant exercise 58 20
Proceeds from options exercise 726 1,567
Finance lease obligations (78) (36)
Financed insurance premium payments (740) 0
Net cash (used in) provided by financing activities (2,234) 1,551
Net change in cash and restricted cash 3,371 (1,609)
Cash and restricted cash at beginning of period 103,210 14,018
Cash and restricted cash at end of period 106,581 12,409
Supplemental disclosure of cash flow information:    
Interest paid 1,820 3
Non cash financing and investing activities:    
Finance lease and accrued purchases of property and equipment 226 0
Stock options exercise in transit $ 0 $ 192