XML 17 R6.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Operating Activities:    
Net (loss) income $ (67) $ 2,426
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 953 620
Amortization of debt issuance costs 7 0
Warranty provision 44 2
Inventory obsolescence 315 168
Share-based compensation 956 776
Realized loss on foreign currency forward contract (48) 0
Unrealized loss on foreign currency forward contract (28) 0
Deferred income taxes 506 742
Amortization of operating lease right of use asset 518 446
Accretion of acquisition holdback liability 34 0
Changes in operating assets and liabilities:    
Accounts receivable, net (574) (2,722)
Inventories, net (788) (1,667)
Prepaid expenses and other (636) 732
Accounts payable 1,134 2,040
Accrued and other liabilities 5,988 148
Net cash provided by operating activities 8,314 3,711
Investing Activities:    
Purchases of marketable securities (4,457) (5,497)
Proceeds from maturities of marketable securities 4,249 3,183
Cash paid for acquisitions net of cash acquired (15,848) 0
Capital expenditures (181) (111)
Net cash used in investing activities (16,237) (2,425)
Financing Activities:    
Proceeds from exercise of stock options 170 996
Repurchase of common stock 0 (398)
Shares retained for payment of taxes in connection with settlement of restricted stock units (141) (41)
Payments on promissory notes (18) (17)
Cash paid for debt issuance costs (38) 0
Net cash (used in) provided by financing activities (27) 540
Effect of foreign exchange rate on cash (18) (9)
Net (decrease) increase in cash, cash equivalents, and restricted cash (7,968) 1,817
Cash, cash equivalents and restricted cash, beginning of period 23,996 19,517
Cash, cash equivalents and restricted cash, end of period 16,028 21,334
Cash and cash equivalents 14,540 20,668
Restricted cash, current portion 286 271
Long-term restricted cash 1,202 395
Total cash, cash equivalents and restricted cash shown in the consolidated statement of cash flows 16,028 21,334
Noncash investing and financing activities:    
Change in unrealized loss on marketable securities (6) (3)
Initial measurement of operating lease right of use assets 259 5,824
Initial measurement of operating lease liabilities 259 7,815
Fair value of net assets acquired 30,980 0
Zonehaven, Inc [Member]    
Noncash investing and financing activities:    
Common stock issued in connection with the purchase of Zonehaven (10,938) 0
Assets Acquisition of Amika Mobile Corporation [Member]    
Noncash investing and financing activities:    
Obligation to issue common stock in connection with the Amika Mobile asset purchase $ (2,703) $ 0