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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2018
Mar. 31, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:              
Net loss $ (5,902) $ (2,729) $ (16,704) $ 68 $ (9,740) $ (17,959)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Depreciation, amortization and accretion 1,872   1,378   4,993 3,491  
Provision for bad debts         693 493  
Provision for obsolete inventory         1,240 965  
Equity based compensation 1,000   400   1,838 754  
Deferred income tax         (4,065) 13,809  
Changes in operating assets and liabilities:              
Accounts receivable         (3,318) 2,434  
Inventories         1,466 (3,564)  
Other current assets         (1,934) (277)  
Other assets         158 (239)  
Accounts payable         (3,715) (1,453)  
Accrued salaries and benefits         1,479 (253)  
Accrued expenses         2,936 (1,270)  
Customer deposits and deferred service revenue         1,107 1,967  
Other long-term liabilities         (2,758) (874)  
Net cash used in operating activities         (9,620) (1,976)  
Cash flows from investing activities:              
Acquisition         (7,000) 0  
Capital expenditures         (2,352) (3,001)  
Capitalization of software costs         (2,283) (3,066)  
Proceeds from real estate         0 1,126  
Net cash used in investing activities         (11,635) (4,941)  
Cash flows from financing activities:              
Payments of long-term debt         0 (145)  
Payment of contingent consideration for Brink Earn Out         (2,550) 0 $ (2,600)
Payments of bank borrowings         (17,459) (28,921)  
Proceeds from bank borrowings         9,640 34,936  
Proceeds from notes payable, net of issuance costs         75,039 0  
Proceeds from exercise of stock options         283 749  
Net cash provided by financing activities         64,953 6,619  
Effect of exchange rate changes on cash and cash equivalents         (236) (485)  
Net increase (decrease) in cash and cash equivalents         43,462 (783)  
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 $ 46,947   $ 5,817   46,947 5,817 $ 3,485
Cash paid during the period for:              
Interest         153 206  
Income taxes, net of refunds         125 $ 142  
Additions to right-of-use assets and deferred rent obtained from operating lease liabilities         $ 3,048