XML 32 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net loss $ (833) $ (2,135)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 1,354 1,458
Bad debt (recovery) expense (107) 119
Amortization of deferred financing costs 44 121
Amortization of debt discount 0 69
Loss on impairment/disposal of equipment 178 539
Stock-based compensation 290 690
Increase (decrease) attributable to changes in assets and liabilities:    
Accounts receivable 581 739
Prepaid expenses and other current assets (178) 153
Other assets 50 15
Accounts payable 304 (336)
Accrued expenses and other liabilities (437) (78)
Net cash provided by operating activities 1,246 1,354
Cash flows from investing activities:    
Purchases of property and equipment (1,081) (235)
Proceeds from sale of equipment 4 2
Net cash used in investing activities (1,077) (233)
Cash flows from financing activities:    
Costs of preferred stock exchange (5) 0
Principal payments for capital lease obligations (131) (122)
Principal payments under borrowing arrangements (102) (280)
Proceeds (payments) related to equity 1 0
Payment of debt issuance costs (59) (133)
Purchase of treasury stock (66) 0
Net cash used in financing activities (362) (535)
Increase (decrease) in cash and cash equivalents (193) 586
Cash at beginning of period 2,294 2,218
Cash at end of period 2,101 2,804
Supplement disclosures of cash flow information:    
Cash paid during the period for interest 656 586
Non-cash investing and financing activities:    
Acquisition of equipment under capital lease 0 38
Preferred stock dividends 10 210
Reduction of debt in connection with severance obligations related to acquisition of Affinity 0 240
Restricted stock issued to settle accrued 2013 bonuses [Member]
   
Non-cash investing and financing activities:    
Stock issued to settle obligations 165 0
Stock issued in connection with debt amendment [Member]
   
Non-cash investing and financing activities:    
Stock issued to settle obligations 0 147
Accrued capital expenditure $ 151 $ 0