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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Jun. 30, 2018
Mar. 31, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:              
Net loss $ (1,109) $ (2,729) $ (1,323) $ 68 $ (3,838) $ (1,255)  
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:              
Depreciation, amortization and accretion 2,109   1,217   3,121 2,279  
Provision for bad debts         397 314  
Provision for obsolete inventory         (522) 974  
Equity based compensation 600   200   850 431  
Deferred income tax         (4,065) (361)  
Changes in operating assets and liabilities:              
Accounts receivable         (284) (3,655)  
Inventories         1,876 (5,976)  
Other current assets         (3,406) 30  
Other assets         150 (283)  
Accounts payable         (2,208) 6,740  
Accrued salaries and benefits         (240) (122)  
Accrued expenses         2,840 (1,151)  
Customer deposits and deferred service revenue         1,548 3,110  
Other long-term liabilities         (2,760) (486)  
Net cash (used in) provided by operating activities         (6,541) 589  
Cash flows from investing activities:              
Capital expenditures         (1,693) (1,737)  
Capitalization of software costs         (1,624) (2,098)  
Net cash used in investing activities         (3,317) (3,835)  
Cash flows from financing activities:              
Payments of long-term debt         0 (96)  
Payment of contingent consideration for Brink Earn Out         (2,550) (10,059) $ (2,600)
Payments of bank borrowings         (17,459) 14,950  
Proceeds from bank borrowings         9,640 0  
Proceeds from notes payable, net of issuance costs         75,039 0  
Proceeds from stock options         243 731  
Net cash provided by financing activities         64,913 5,526  
Effect of exchange rate changes on cash and cash equivalents         121 (202)  
Net increase in cash and cash equivalents         55,176 2,078  
Cash and cash equivalents at beginning of period   $ 3,485   $ 6,600 3,485 6,600 6,600
Cash and equivalents at end of period $ 58,661   $ 8,678   58,661 8,678 $ 3,485
Cash paid during the period for:              
Interest         153 78  
Income taxes, net of refunds         125 $ 83  
Additions to right-of-use assets and deferred rent obtained from operating lease liabilities         $ 3,359