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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Finance Lease, Right-of-Use Asset, Amortization     $ 1,731 $ 0
Cash paid for interest     32 771
Cash and cash equivalents $ 98,370 $ 32,495 98,370 32,495
Restricted cash 105 10,254 105 10,254
Operating activities        
Net loss (19,758) (6,510) (33,289) (12,824)
Bad debt expense (reversal) 151 402 1,326 652
Adjustments to reconcile net loss to net cash used in operating activities:        
Depreciation and amortization     3,876 2,014
Amortization of financing costs charged to interest expense     48 50
Termination of U.K. agreement expense     13,233 4,780
Other non-cash expense, net     2,073 351
Amortization of deferred FI implementation costs 991 731 1,999 1,384
Change in operating assets and liabilities:        
Accounts receivable     42,460 (7,024)
Prepaid expenses and other assets     (603) (1,622)
Recovery of deferred FI implementation costs 0 1,155 0 2,312
Accounts payable     (163) (306)
Other accrued expenses     (6,922) 323
FI Share liability     (22,665) 2,932
Consumer Incentive liability     (10,748) 4,009
Net cash used in operating activities     (7,644) (2,969)
Investing activities        
Acquisition of property and equipment     (1,225) (4,019)
Acquisition of patents     (30) (5)
Capitalized software development costs     (2,132) (1,139)
Net cash used in investing activities     (3,387) (5,163)
Financing activities        
Principal payments of debt     (11) (10,010)
Proceeds from issuance of common stock     5,435 1,213
Debt issuance costs     (13) (93)
Net cash (used in) received from financing activities     5,411 (8,890)
Effect of exchange rates on cash, cash equivalents and restricted cash     (492) (99)
Net decrease in cash, cash equivalents and restricted cash     (6,112) (17,121)
Cash, cash equivalents, and restricted cash — Beginning of period     104,587 59,870
Cash, cash equivalents, and restricted cash — End of period 98,475 42,749 98,475 42,749
Supplemental schedule of non-cash investing and financing activities:        
Amounts accrued for property and equipment $ 452 $ 53 $ 452 $ 53