XML 62 R6.htm IDEA: XBRL DOCUMENT v3.19.3
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Operating activities:    
Net income (loss) $ 7,051 $ (5,541)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 997 651
Non-cash lease expense 730  
Amortization of debt discounts and financing issuance costs   197
Restructuring costs 154 135
Provision for doubtful accounts and other adjustments to accounts receivable 127 6
Provision for excess and obsolete inventory 1 (18)
Loss on disposal of fixed assets 6  
Stock based compensation 1,139 674
Change in fair value of warrant liability   3,126
Gain on sale of software product (483)  
Change in operating accounts:    
Accounts receivable (4,031) (1,189)
Prepaid expenses and other assets 52 (145)
Accounts payable and accrued liabilities (701) (973)
Deferred revenue (214) 47
Net cash provided by (used in) operating activities 4,828 (3,030)
Investing activities:    
Acquisition of Smart Retail business, net (3,974)  
Proceeds from sale of software product 363  
Capital expenditures (824) (172)
Net cash used in investing activities (4,435) (172)
Financing activities:    
Proceeds from stock sale for employee stock purchase plan 10 5
Proceeds from (payments related to) the issuance of common stock (14) 10,749
Proceeds from exercise of common stock warrants 11,403  
Proceeds from exercise of stock options 38  
Repayments of short-term secured promissory notes   (1,000)
Dividends paid on preferred stock (119) (370)
Net cash provided by financing activities 11,318 9,384
Net increase in cash and cash equivalents 11,711 6,182
Cash and cash equivalents, beginning of period 12,159 2,205
Cash and cash equivalents, end of period 23,870 8,387
Supplemental disclosures of cash flow information:    
Cash paid for income taxes 60 4
Cash paid for interest expense   334
Supplemental disclosures of non-cash activities:    
Issuance of common stock in connection with Smart Retail acquisition 5,129  
Issuance of common stock warrants in connection with stock offering   6,792
Cancellation of shares for payment of withholding tax $ (506) $ (151)